Carcraft
- Thread starter Ilogik
- Start date
because he couldnt get a standard loan..... duh!
Not if you buy a decent one. I paid £500 for an old Escort, kept it 14 months and used it more or less everyday and all it wanted was an oil change and filters. Traded it in for £350 against a slightly better Fiesta which was still under a grand and I've done 5k in that and it's been fine.
Two or three of those repayments could have easily purchased reliable transport.
Two or three of those repayments could have easily purchased reliable transport.
Last edited:
he cant get a standered laonn but can get finance?
hell he could have bought that exact car private on a most decent credit cards...
Agree, £300 can buy you a relaible car, these days.
Have a renault megane, electric windows and elec mirrios, power sterring and remote locking all for 300.
I'm only keeping it to get a decent ncb, till im 25 and can buy something nice.
Last edited:
£500 sounds a little more like it, the guys in work tend to spend £800-£1000 on cars that they are confident will last 2-3 years (Mondeo's/Veccies)..
You would need someone mechanically minded/experience in cars to help you not get something about to die, otherwise you could end up with something off the road you can't afford to repair for weeks..
I was lucky that my brother/father helped me pick my first car, to be honest I wasn't that experienced at 17 (except with the laydees
)..Private Loan/Finance/Credit cards, when you have bad credit, no matter what you go for, the APR's are so high, they will make your eyes water and your balls shrink to the size of raisins
And £300 can get you a reliable car, if you have the 'experience' to spot a good car from a total shed.. if you don't have access to someone that is savvy enough, it's a huge risk.. and if anything breaks, with not much money you may end up a car sat on the drive for weeks while you wait for payday..
It's not that hard, you just need to be fussy
As for the credit, it was actually something he could have fixed by having his record amended to reflect the fraudulent applications and he would have been able to get a small high street loan.
As for the credit, it was actually something he could have fixed by having his record amended to reflect the fraudulent applications and he would have been able to get a small high street loan.
Soldato
- Joined
- 4 Jan 2004
- Posts
- 20,802
- Location
- ¯\_(ツ)_/¯
I said the same thing earlier on, but thinking about it proggies like Watchdog end up slating companies so I'm not really sure where the line is...
It's not that hard, you just need to be fussy
As for the credit, it was actually something he could have fixed by having his record amended to reflect the fraudulent applications and he would have been able to get a small high street loan.
I don't think his general naivety to all things financial is at all in question
It's sad, but unless you know where to go for advice/help, banks/garages etc are all to willing to exploit your naivety..
Soldato
- Joined
- 10 Sep 2008
- Posts
- 11,973
- Location
- Bangor, Northern Ireland
Does anyone else think its slightly ironic that James 07 is a member of moneysavingexperts forum?
Whole businesses are based on crap finance deals. That isn't going to change anytime soon and it isn't exactly worth a mention on TV.
In a small way.. but being a member of a forum does not make you a financially savvy individual.. in the same way being a member on here doesn't make you a computer expert
Associate
- Joined
- 17 Jan 2004
- Posts
- 1,769
- Location
- Staffordshire
A fleet of flying assassin bugatti toaster droids has been despatched, programmed to single out, target and efficiently burn to a crisp all internet users who use the word 'epic' in online message forums more than once in any given calendar week. That is all.
Users who use the words 'that is all' are to be rewarded with their own personal Bugatti toaster droid and instructions on how to program it on a supplementary dvd.
Users who use the words 'that is all' are to be rewarded with their own personal Bugatti toaster droid and instructions on how to program it on a supplementary dvd.
Associate
- Joined
- 17 Jan 2004
- Posts
- 1,769
- Location
- Staffordshire
Sorry to go bit off topic here, well actually hardly...but what was the outcome of the M3 in the end ? got to page 17 and the thread has vanished ?? ...bit of a shame was great reading
Sorry to go bit off topic here, well actually hardly...but what was the outcome of the M3 in the end ? got to page 17 and the thread has vanished ?? ...bit of a shame was great reading
I gave up reading it, the thread got sooo popular I left it around 2 days ago.
Sorry to go bit off topic here, well actually hardly...but what was the outcome of the M3 in the end ? got to page 17 and the thread has vanished ?? ...bit of a shame was great reading
Yeah, the car was his, some guy came on at the end and put everyone straight.
Or maybe it all went pear-shaped, it clearly wasn't his... with all sorts of stupid stuff going on.. after the OP or his mate registered to tell everyone it was real, I think we all lost the will to live. and BAM! the thread disappeared..
Last edited:
Soldato
- Joined
- 13 Oct 2006
- Posts
- 8,152
- Location
- Surrey
Brilliant, thats all I can say
