What would you do with $7500?

[Fred]

I just got my bonus for $7500 and I'm debating on what to do with it. Should I use it to pay off my Firebird which I owe about $5500 on and the rest to pay off my credit cards? Or use what's left over for some heads and cam on my LS1?

[Shodown]

Re: What would you do with $7500?

It would go right into my car...without question. :D

Powerdyne
Heads
Cam
New Tune
Stall
4.10 gears

[slow6]

Re: What would you do with $7500?

pay off your stuff first, get good credit
but if it were me I would use it for an LSx swap

[97rs4life]

Re: What would you do with $7500?

i would pay the car off, then use the rest on it. Unless you are way behind in credit card bills, then pay them off before mods

[Leem927]

Re: What would you do with $7500?

pay off the bills man best thing to do

[youngsc]

Re: What would you do with $7500?

Tough one, I say pay off the stuff and then take the amount you'll be saving every month and buy some good stuff for your car. I just won at least 180 tonight and im puttin that in my, so I guess I don't follow my own advice

[Fred]

Re: What would you do with $7500?

No need for an LSx swap as i already have a Trans Am.

[Fbody3400]

Re: What would you do with $7500?

hookers and blow

[Ragnot]

Re: What would you do with $7500?

hookers and blow... HAHAHA funniest thing i heard all day id say. but to be honest... dont pay the car off man 5500 is still a lot to owe and what happens if u total it next year when ud still be paying on it. u just waisted ur money. put it into credit cards and the rest can go towards the car modifications. paying monthly notes improves ur credit a lot more then dropping 5500 on it. anyway if u can afford the monthly notes with no problem now then why change it up put ur money where u need it most. id save atleast 500-1000 of it myself. main reason id pay off credit cards first is because iof interest, why pay off more then what u spent. also decreasing ur total monthly notes will give u more money over all per month... less bills = more money naturally.

[Flamed RS]

Re: What would you do with $7500?

pay off credit card bills then a week in Vegas baby :)

[SpeedingFirebird]

Re: What would you do with $7500?

Depends on the various interest rates. Anything over 9%, pay off. If everything is under 9%, then INVEST the money. Watch it grow.

[Fred]

Re: What would you do with $7500?

The reason I want to pay off the Firebird is because I have two car notes, this one and my trans am. I also just got a house and I start paying that next month. I pay a total of $1076 a month just on my car payments and the insurance. My mortgage is going to be 780 plus utilities. So I figured I pay off the Firebird which would delete an extra payment each month. I owe $11,500 on my Trans Am still so there's no way I could pay that one off but if I could it would help out more since that one is a higher payment.

[Big Tymer]

Re: What would you do with $7500?

I just got my bonus for $7500 and I'm debating on what to do with it. Should I use it to pay off my Firebird which I owe about $5500 on and the rest to pay off my credit cards? Or use what's left over for some heads and cam on my LS1?

id pay off the cards, then use the rest towards the car but not in the loan payments... pay it off over time and it helps ur credit score..... pay off the cards though cuz interest rates on those bastards suck ***

[Scarano]

Re: What would you do with $7500?

I just got my bonus for $7500 and I'm debating on what to do with it. Should I use it to pay off my Firebird which I owe about $5500 on and the rest to pay off my credit cards? Or use what's left over for some heads and cam on my LS1?

Use it to pay off your credit cards for sure.

[HokieBird]

Re: What would you do with $7500?

Cash out in $5 bills, put it in a sack, hit someone with it, and then take speedingfirebird's advise.