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Thursday, June 2

I Just Paid Off My Car!

Yesterday I submitted the Payoff Amount online to pay my 2009 Pontiac G5. I decided to access my HELOC in order to get the car paid in full. Now, I can sell it with the title in hand. I called my bank and was told there will be a 10 day hold and that I should receive the title in the mail in about two weeks.

Originally I was going to pay off the car and then reduce my insurance coverage to liability-only. However, I've decided we only need one car for the time being and selling this will help us move to Florida.

I guess it's possible we will end up with a second car again if I decide to buy a truck or van - that would certainly aid in the move unless I sell just about everything I own. But I haven't been looking and my preference would be to just sell everything and stick to one car for now: my trusty 2007 Toyota Corolla.

1 comment:

  1. Good for you!! Consider renting a truck and towing your car for the move - considerably cheaper in the long run.