Comments on: How We Paid Cash for a 2008 Toyota Sienna Mini-Van

By: Dennis LeMire

Dennis LeMire — Thu, 15 Jul 2010 13:14:03 +0000

Sorry for the confusion. Right now we are offering our broker services free of charge if the vehicle is purchased at a dealership, be it new or used. If we are shopping for a private party vehicle for you, there is a fee associated with that. Shopping private party vehicles is very time intensive. We also provide free Carfax vehicle history reports, mechanical inspections, and cleanings on private party vehicles, in order to help you make the right choice. Our past clients will tell you they would have paid much more to save themselves the time, money and stress after having used our services!

By: Laura

Laura — Thu, 15 Jul 2010 12:29:08 +0000

I’m just reading this article, very interesting!! One comment, when I visited the broker’s website, my understanding was not that it is a free service. It is free IF you buy a new car, for a used car there is a fee paid by the consumer. Did I misunderstand that? That’s what it looked like to me. Thoughts?

By: auto

auto — Mon, 05 Jul 2010 18:46:27 +0000

You guys made a very smart move in doing so. Saved yourself thousands on interest.

By: Sam

Sam — Tue, 16 Mar 2010 13:37:57 +0000

After getting our tax return this year, we paid off both of our cars in which we would have been paying out $700 a month for another 9 months. I told my husband that I never want car payments again! Now that we have 3 children, we need to get a van, but we are waiting for a great deal to come along. With this extra money that we now have each month, we will be able to payoff our credit debt before the year is over!

By: Grace

Grace — Fri, 12 Mar 2010 01:34:32 +0000

Good for you and your hubby paying cash for your car. We are working at saving our first thousand dollars. Hard to get by on retirement and part time work. for family and our eBay business. I am working at building up my blog site. You are an inspiration to the young and the old.

By: BEP

BEP — Wed, 10 Mar 2010 18:42:23 +0000

Melissa, as Dennis mentioned, you’d be saving close to $2,600 in interest on the terms he mentioned. But also consider that if you are making a car payment to yourself every month, into a savings account, you’ll be earning interest. It may not be much, depending on how much of a payment you can put into your savings account each month and what interest rate your savings account earns, but earning even $100 of interest over 5 years of saving up for a new vehicle for which you can pay cash, coupled with the interest you’re not paying on a 5 year loan, just makes it that much sweeter of a deal, if you ask me!

By: amber

amber — Tue, 09 Mar 2010 17:37:06 +0000

Thanks Carrie!

By: Carrie Rocha

Carrie Rocha — Mon, 08 Mar 2010 22:51:00 +0000

Sharon – Hysterical! That would have been very coincidental, huh? :)

By: Carrie Rocha

Carrie Rocha — Mon, 08 Mar 2010 22:48:27 +0000

Amber – I won’t give you specifics, but we were two regular middle-Americans working middle-America jobs, then we went to one income (my husband became a stay-at-home dad), then I was laid off in January of this year and Pocket Your Dollars and related sources are our family’s income. No funny money or funny counting happening here :)

By: amber

amber — Mon, 08 Mar 2010 22:30:33 +0000

We to do not have car payments, but we did get an inheritance to buy our van ;( So I am always inspired by your stories, but I am always left wondering too. How much does your husband make a month and do you include the income you make? I am sure this is none of my business and you have every right to tell me so. The reason why i ask is because my husband pay was cut 20k and we now have 115k in business debt that our last partner is not paying is half, so we are left paying everything. I don’t really see light, but regardless I know that God is in control so i don’t fear anything, I am just racking my brain trying to see how we can pay stuff down.

By: Dennis LeMire

Dennis LeMire — Mon, 08 Mar 2010 21:47:49 +0000

Thank you. I formed the company in 2009 after listening to a lot of people talk about how much they hated buying cars. We have services for buying new and used cars, motorcycles and campers as well as services to help people sell their vehicles.

By: fusilli

fusilli — Mon, 08 Mar 2010 21:36:54 +0000

Carrie,

Congrats! We, too, like to save and pay for everything with cash. Our motto is: If we don’t have the cash, we don’t spend. In the 14 years we’ve been married, we’ve bought three brand new vehicles and paid for them all with cash. It’s a wonderful feeling to walk into a car dealer, pick out the car we like, take it for a test drive, pay for it with cash, and drive home at the end of the day without worrying about car payments.

Dennis,

Your company sounds very interesting and I wish I had known about it when we purchased our car last year. How long has your business been around? Do your services include new vehicles as well?

By: Sharon

Sharon — Mon, 08 Mar 2010 20:43:18 +0000

Way to go! It’s funny because we sold our 2008 Toyota Sienna on Craigslist the same weekend that you bought yours. I even had my husband look to see if it was your name on the bill of sale. It wasn’t, of course, but for a moment there I thought we might be “famous!”

By: Carrie Rocha

Carrie Rocha — Mon, 08 Mar 2010 19:51:51 +0000

I really think a real estate or insurance broker is the closest example, except Dennis said he gets a flat fee versus a commission. His business succeeds when customers, like the Rocha family, are happy and tell other folks. There is no gimmick in it. And, by the way, he isn’t paying me to say this :)

By: Sarah Anderson

Sarah Anderson — Mon, 08 Mar 2010 19:23:14 +0000

I just wanted to say that I find your blog and your story about getting out of debt inspiring. My parents have always been a good example of fiscal responsibility for me (investing, never taking on debt beyond their mortgage and paying that off early on) but it’s encouraging to know that families like yours have moved on from debt succesfully. I rely on your blog all the time and appreciate all you do!