When I bought my LS430 in the winter of 2010, one of my sons who was working overseas loaned me the money to buy the car. I paid him a better interest rate than he was getting from his savings account, I paid less interest than the credit union would charge for a 5 year old car, and he would have another source of monthly income when he returned to the U.S. and went back to college in the summer of 2010.
Fast-forward to now and he's working towards a DPT - doctor of physical therapy, engaged to be married to a nice woman with a steady job, and buying a house. We decided that I would repay the loan early so he can boost his down payment. As of this afternoon, the loan is paid in full. Woohoo!
Fast-forward to now and he's working towards a DPT - doctor of physical therapy, engaged to be married to a nice woman with a steady job, and buying a house. We decided that I would repay the loan early so he can boost his down payment. As of this afternoon, the loan is paid in full. Woohoo!
Intermediate
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On top of that you just enjoyed your 3000th post. Congratulations!Originally Posted by caddyowner
As of this afternoon, the loan is paid in full. Woohoo!
Lead Lap
i sort of just extended out my loan back to 36 months from 29 i believe. long story, but yeah congrats to you and in about 36 months maybe i can say the same 
Rookie
Congrats on paying off the car. I hate having car payments so I have vowed to never have one again...unless something comes along that proves irresistable.
Also congratulations on your son having his ducks in a row. Yay on the DPT track. It is a rewarding career in a lot of ways.
Also congratulations on your son having his ducks in a row. Yay on the DPT track. It is a rewarding career in a lot of ways.
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Caddy - let me second that - congrats on having a beautiful debt free LS430, and more importantly congrats on raising a son that sounds like a good guy and that you can definitely be proud of ..nice work dad : )
Lexus Test Driver
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Fast-forward to now and he's working towards a DPT - doctor of physical therapy, engaged to be married to a nice woman with a steady job, and buying a house. We decided that I would repay the loan early so he can boost his down payment. As of this afternoon, the loan is paid in full. Woohoo!
Congrats! Must be a great feeling! I will be starting my DPM degree (doctor of podiatric medicine) starting August.Originally Posted by caddyowner
When I bought my LS430 in the winter of 2010, one of my sons who was working overseas loaned me the money to buy the car. I paid him a better interest rate than he was getting from his savings account, I paid less interest than the credit union would charge for a 5 year old car, and he would have another source of monthly income when he returned to the U.S. and went back to college in the summer of 2010.Fast-forward to now and he's working towards a DPT - doctor of physical therapy, engaged to be married to a nice woman with a steady job, and buying a house. We decided that I would repay the loan early so he can boost his down payment. As of this afternoon, the loan is paid in full. Woohoo!
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LOL I'll be needing a foot guy later in life. I shattered my heel 10 years ago and it usually only hurts a little every day - for now.Originally Posted by CarGuy89
Congrats! Must be a great feeling! I will be starting my DPM degree (doctor of podiatric medicine) starting August.
Racer
ehhh.. that doesn't count . I'm sure your son wasn't going to inform the Credit Bureau to penalize your credit score for late payments etc or worse call the repo man
. I'm sure your son wasn't going to inform the Credit Bureau to penalize your credit score for late payments etc or worse call the repo man
Lexus Test Driver
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Hehe you can be my first patient. Then when you ask "how many times have you done this procedure?" I really can say "this is my first time..." and scare you lol.Originally Posted by caddyowner
LOL I'll be needing a foot guy later in life. I shattered my heel 10 years ago and it usually only hurts a little every day - for now.
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. I'm sure your son wasn't going to inform the Credit Bureau to penalize your credit score for late payments etc or worse call the repo man
Since I bought the car remotely, he insisted on seeing pics to verify it would be a car he would want to drive if I missed a payment. Originally Posted by JLAWS
ehhh.. that doesn't count . I'm sure your son wasn't going to inform the Credit Bureau to penalize your credit score for late payments etc or worse call the repo man