Comments on: Experiences with Auto Refinancing – HELP ME!

By: Evan By Numbers May 2010 | My Journey to Millions

Evan By Numbers May 2010 | My Journey to Millions — Tue, 04 May 2010 15:54:07 +0000

[...] just finishedÂ refinancing my auto loan. While I lowered my rate,Â from 8.9% down to 5.5%, my balance actually increased because of pay off [...]

By: Is Obama and Democrates Health Care Bill Constitutional? | My Journey to Millions

Wed, 24 Mar 2010 14:15:06 +0000

[...] auto insurance in New York, because I am actively choosing to drive my car, oh and that is despite taking a loan onÂ the vehicleÂ which I was ripped for lol.Â Most people don’t realize it, but our federal government is [...]

By: Carnival of Money Stories #45

Carnival of Money Stories #45 — Tue, 16 Mar 2010 00:05:40 +0000

[...] presents Experiences with Auto Refinancing â€“ HELP ME! posted at My Journey to [...]

By: The Carnival of Money Stories XLV - The Sex, Lies and Videotape Edition

The Carnival of Money Stories XLV - The Sex, Lies and Videotape Edition — Mon, 15 Mar 2010 13:18:24 +0000

[...] presents Experiences with Auto Refinancing â€“ HELP ME! posted at My Journey to [...]

By: Darwin's Finance

Darwin's Finance — Fri, 05 Mar 2010 13:29:53 +0000

Hey, well since you asked! (I don’t mind either, especially from PF bloggers, but some people get upset). Anyway, this post shows all the details on how I decided between options and how to set up a simple NPV in excel. 5 minutes. Hope it helps!

http://www.darwinsfinance.com/net-present-value-why-you-should-use-it-in-everyday-life/

By: Why This 25 Year Old Should NOT Try To Make Extra Money

Why This 25 Year Old Should NOT Try To Make Extra Money — Fri, 05 Mar 2010 11:47:21 +0000

[...] Auto Refinancing [...]

By: Evan

Evan — Fri, 05 Mar 2010 05:13:02 +0000

I am cool with bluntness! In fact, someone told me that my writing style was slightly contentious which was the nicest way anyone has ever called me an ass before!

All that being said, the car is not the same as a child (maybe my old car was, but not this one lol) and I get that, but to be honest your suggestion is not going to happen. I am just not that extreme of a guy, nor do I want to be.

By: Evan

Evan — Fri, 05 Mar 2010 04:56:32 +0000

Drop the Link! If it adds to the convo I don’t care about Links

By: LeanLifeCoach

LeanLifeCoach — Fri, 05 Mar 2010 04:03:20 +0000

Evan – Sorry to be blunt but with all due respect… It’s a car, not a child. Sell it, pay off the note and drive a hoopty until you can pay cash for the car you want. Until you are out of debt and have the savings any security you have is just smoke and mirrors.

By: Darwin's Finance

Darwin's Finance — Fri, 05 Mar 2010 03:49:31 +0000

Great example of where Net Present Value comes in. I use it for everything. I actually used it for a mortgage refi post with various rates, points, closing costs (many variables) and proved which one clearly came out ahead. I know dropping links is annoying, so shoot me a note if you want my excel model and I’d be glad to give my 2 cents.