This is exactly what happened to our neighbors. The car had 15K miles/2.5 years old and had catastrophic engine failure. It is now sitting at the dealership waiting for a new engine. It will likely take a few months before they get it back.
Hi everyone! We are looking to retire in the next two years. We have a piece of land that will sell for roughly $100K. Is it better to pay off our mortgage or take that money and invest? We have 5 years/95K left on the mortgage at 3%.
What would you do?