Paid off!

[random]

When I was first looking, I had no plan to finance, but I had recently moved onto land with a long road that needed maintaining, and the maintenance it needed suddenly became a lot more urgent. It just made more sense to finance than to blow $5000 on repairs that I would STILL have to maintain. I bought it a year earlier than planned, and paid it off a year earlier than the payoff, and it's been a good helper around the property in ways I never anticipated (which is exactly what I expected)

Slightly different topic: curious as to input on insurance? I had the insurance automatically with the financing, now they're sending me letters to continue the policy. Is the KTAC insurance worth the money?

 

[Henro]

When I was first looking, I had no plan to finance, but I had recently moved onto land with a long road that needed maintaining, and the maintenance it needed suddenly became a lot more urgent. It just made more sense to finance than to blow $5000 on repairs that I would STILL have to maintain. I bought it a year earlier than planned, and paid it off a year earlier than the payoff, and it's been a good helper around the property in ways I never anticipated (which is exactly what I expected)

Slightly different topic: curious as to input on insurance? I had the insurance automatically with the financing, now they're sending me letters to continue the policy. Is the KTAC insurance worth the money?

Like all insurance, it is worth it if you need it, but most of us seem to pay and get nothing back (my opinion, not based on any statistics).

I bought my B2910 18 years ago with cash, and never had, or needed, insurance on it. I live on the property though. I financed my Bx2200 but paid it off early. I guess I had insurance until payoff, do not remember. Never needed it anyway.

I guess it depend on how comfortable you are in your personal situation, and what your tolerance for risk is.