Join Date: Jul 2009
Location: Midland, Michigan
Well I can tell you I put $4,000 into a CD @ 3.5% for 13months and it's about mature (March 10). I only make about $11-$12 a month though. So the whole time I can't touch my $4,000. If you have cash in hand and you want to pay some of your car off, I'd do so, because then your interest on your car won't be as high, as your amount owed isn't as high. I guess figure how much the interest is going to make sitting in the account vs. the interest you'd be paying on for your car.
Great thing about my car is I choose 0%. So my payments may be higher a month, but I feel like I'm paying for the car and not paying the bank.
Black 2009 SS/TC|20% Tint|Ark Shorty Antenna|Customized License Plate Cover|Customized Front Bowtie|Weathertech Vent Visors|3rd Generation Projectors w/ 6k HID's|IPCW LED Tails|3rd Brake Light Mod w/ Vinyl Overlay|Reflective Black SS Inlays|Nightshaded Side Markers|E-brake Mod|Redlinegoods Shifter/E-brake Boots|AVIC-Z110BT Headunit|Di-Noc 3M Dry Carbon Fiber Trim|Armrest w/ Cover|MRZ "Cobalt SS" Door Sills|K&N Drop-in Filter|GMS1|Goodyear Eagle GT AS Tires|