would never get a car on finance,finance is the reason the country is in such a state at the moment.what i was stating was that cars that were £10k a year ago are now £5k and its a bit annoying when you have shelled out your hard earned.fair enough that the car your are likely to buy to replace the one you have has also fallen in value but its still a bitter pill to swallow
I always thought it was uncontrolled financing and borrowing which led to this. Getting a loan to pay for a car is perfectly reasonable if you know you'll be able to pay that loan back.
It was people getting finance on everything, using their house as an ATM and borrowing living outside of there means which has messed a lot of things up.