11-26-2023, 06:29 AM | #1 |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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Just completed the ultimate zl1 mod
Just paid this baby off 2 years sooner than the loan term. she's all mine now.
Paid off my work promaster 2500 off a few years ago also. No car payments for me for a while. I should now focus on that retirement account.
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22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 07:15 AM | #2 |
Drives: 2015 ZL1, 2015 Z28 Join Date: Dec 2018
Location: Southern NH
Posts: 303
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Congratulations!
Good for you!! I'm sure it's a great feeling to be out from under those loans.
You're right to focus now on your retirement account (Roth) and try to put some extra money against your home mortgage principal regularly. Some sacrifices now will make a big difference in the long run. |
11-26-2023, 07:31 AM | #3 |
Drives: Chevy Camaro SS 2010 Join Date: Aug 2022
Location: Cicero,NY
Posts: 10
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Congrats on the PayOff
Now you'll have the extra FOR gas & more rear tires...Enjoy!!
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11-26-2023, 07:37 AM | #4 | |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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Quote:
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22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 07:39 AM | #5 |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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especially since I'm switching to e85 this spring. These nitto r2 are expensive.
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22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 08:01 AM | #6 |
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That's awesome!
I bet that's a great feeling to be debt free. Congratulations
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11-26-2023, 08:05 AM | #7 |
Life's just a Ride
Drives: 2011 Synergy Camaro 2SS/RS LS3 Join Date: Oct 2013
Location: Columbia SC
Posts: 864
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Well done Bro
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11-26-2023, 08:27 AM | #8 |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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maybe i can afford a garage setup like you now.
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22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 09:07 AM | #9 |
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Yea right, LOL Did you see Ashen's garage? 2 post lift and a mini split.
I'm jealous.
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11-26-2023, 09:25 AM | #10 |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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Yeah for sure ashen has a great setup. My 2 car garage only has room for the zl1 and all my daughters stuff.
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22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 09:26 AM | #11 |
Drives: Camaro 2SS Gen 5 Join Date: Oct 2023
Location: Orange County Ca
Posts: 149
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11-26-2023, 09:45 AM | #12 |
Drives: 2013 ZL1 Join Date: Sep 2021
Location: Virginia
Posts: 369
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Depending on the interest rate of your mortgage you may be better off putting the extra cash you were going to pay into investments/retirement accounts. You really need to talk to a financial advisor now so when you do retire can rest easy. When you are elderly having property in your name can be a curse, if you need long term care that's the first thing they will take. If you trust your kids look at a living trust or transferring it to them with lifetime right to occupy.
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11-26-2023, 10:26 AM | #13 |
Drives: 2013 zl1 vert Join Date: Dec 2018
Location: Rochester, New york
Posts: 1,048
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I plan on contributing more to my Roth account now. But im also a old school person, i like to keep cash stashes. Never lose with the fluctuations of the market. I know thats not right, but feels right to me.
__________________
22% lower/ 2.5 upper/ 2 headers/ cat delete/ x-pipe/ 2 gallon x tank/ 100-3 pump/ fic 1300/ dsx aux kit/ 103mm throttle body/ RPM 5 intake/ meth kit/ prometh lid injection/FI interchiller/ 160* stat/ ngk-7/ msd wires/ elite catch can/ tsp cam/ Che trunnions/ ported supercharger/ 1/2 lid spacer/ brick mod/BMR toe and trailing arms/ 751hp 757 tq SAE @17.3lb on a loaded dyno.
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11-26-2023, 11:27 AM | #14 |
Drives: Camaro 2SS Gen 5 Join Date: Oct 2023
Location: Orange County Ca
Posts: 149
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By avoiding the downside, you will miss all the upside.
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