Retiring Early

Sunday, June 17, 2007

Who has paid off their car?

Smart CarJLP over at AllFinancialMatters reports that he finally paid off his car. It's great not owing money on a depreciating asset like that! Personally, our car loans are some of the first debts we paid off after the credit cards. We've been without car loans for over 4 years now, and it feels great.

Anyway, it got me wondering -- I wonder how many people own their cars outright? Anyone know the stat?

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