Finance haters gonna hate :-)

Still wouldn't want that as service.

Most cars in showrooms have details on the screen regarding the essentials.
Also unless the person is blind they can see what small cars are in a main dealer showroom :p

Well the Vauxhall dealership he works at obviously feel he's providing a worthwhile service, else they'd tell him to go home, paid or unpaid.

For the majority of people walking into the dealership i'd bet most would prefer to have someone (even if he is 14) at least acknowledge them and show them something rather than just stand in the lobby being ignored because all the salesmen are busy. If they don't then I imagine they do something crazy like say 'No, we're ok thank you' when he offers his assistance.
 
I was comparing a 8k beemer with a 8k newer car with warranty.

Dont get me wrong, I know what the "better" car is, but everybodys circumstances are different, hence the choice to buy newer with warranty.

You've totally missed the point. We are all comparing a £7k 2 year old car with a £2.5k finance deal with... a newer car instead for less total cost :p
 
[TW]Fox;17231262 said:
Including detailed CO2 and fuel economy stats as well - using the green-yellow-red charts also found on washing machines, freezers etc.
Jesus Christ Fox :p. And that too :p.
 
Iv never in 44 years ever known anyone with the nack of making any bad situation with money look so terrible as you :)

Its a ****ing art you got it down to now, sadly you are right about this again.

Cannot agree more.

I really think you should have stuck to bikes, or possibly pedal bikes.

Logic and common sense are absent here in spadefuls, but unfortunately you cannot see the error of your ways. Blinded by the typical 'I'm right and you're not, ner ner'.

It astounds me how some people even survive in the world these days.
 
Especially when there's only 1 choice in each class of car!

The average punter has no idea what class of car they should buy, and the average salesman is probably no more qualified than a 13 year old kid to explain the cars functions, especially if blue-tooth pairing is involved.
 
[TW]Fox;17230678 said:
I beleive he means he'll clear the owing balance.

Which is odd, really. Lets look at why.

The car is £7k. He claims he would rather spend the £7k cash he has on 'holidays and stuff'. This is the typical response of people justifying poor finance deals, but we'll leave that for another thread, but I look forward to seeing his holiday snaps either way.

So he buys it on finance for £9.5k, making sure he's taken in by the worst salesman trick in the book - quoting flat rate and implying its APR.

So, £9.5k owing. At £150 a month. He's going to pay it off, in full, after 2 years.

So, in 2 years time he'll have paid off £3600 and owe £5900 (Interest will be front loaded).

Which he's... just going to pay off. In cash. £5900. What about those holidays? If he's prepared to pay nearly £6k in cash to 'pay it off' in 2 years time why not just pay the £7k in cash now to own it outright? Instead he's basically paying £1500 for the privilage of having the extra £1100 he'd have to pay off now instead of in 2 years time available to him for 2 years.

Just.. what?!
If he's paying 9.5k for a 7k car, assuming he actually does pay it all off in 2 years, isn't he paying £2500 for holding onto that £1100, not £1500?
 
Turbo-Belm.jpg


You silly billy - cooling off period might save you here!
 
Makes me wonder why I bother, the reaction doesn't seem very good. I thought it was a good thing to be doing :(.

It's commendable you've decided to make an effort at such a young age... but you're 13! Enjoy your childhood. You're going be doing this **** for the rest of your life anyway. weekends > unpaid assistant at Vauxhall dealers.
 
It's commendable you've decided to make an effort at such a young age... but you're 13! Enjoy your childhood. You're going be doing this **** for the rest of your life anyway. weekends > unpaid assistant at Vauxhall dealers.
I'm 15 but yeh I get your point. Unless I wish to get involved in experimenting with class A there is little else to do on weekends.
 
If he's paying 9.5k for a 7k car, assuming he actually does pay it all off in 2 years, isn't he paying £2500 for holding onto that £1100, not £1500?

Absolutely - for some reason I had it in my head it was £8.5k.

So yes, he's paying £2500 to hold onto £1100 for 2 years.

Madness.
 
I'm 15 but yeh I get your point. Unless I wish to get involved in experimenting with class A there is little else to do on weekends.

*facepalm*

Yep, working at vauxhall or class A. Those are the only choices, literally nothing else to do.
 
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