New car

I guess the price of silver is similar to that for gold, in that it rises when the economy tanks? So I guess Mike is betting that we dont come out of this recession any time soon!
 
Joe T said:
I guess the price of silver is similar to that for gold, in that it rises when the economy tanks? So I guess Mike is betting that we dont come out of this recession any time soon!
Click to expand...

unless mike has found a hundred grand under his bed I doubt it would make much difference given his potential exposure, or lack there of
 
Wez, please dont buy this car from there.

I know a fair few people who have purchased from there and none of them have had good things to say about them.

Of all the threads i see on here i feel that i am able to relevantly comment in this one.....my parents went to see this car a couple of days ago and walked away, my mother hated it with a passion and said it "felt" big and more sluggish than she thought it would.

Also they wouldnt accept the cheeky cash offer my dad tabled and then they tried to explain how taking out the finance actually gave them extra savings on the purchase price.

They walked away and are going to see a mercedes later on today from the merc garage at preston farm.
 
zootfloot said:
Wez, please dont buy this car from there.

I know a fair few people who have purchased from there and none of them have had good things to say about them.

Of all the threads i see on here i feel that i am able to relevantly comment in this one.....my parents went to see this car a couple of days ago and walked away, my mother hated it with a passion and said it "felt" big and more sluggish than she thought it would.

Also they wouldnt accept the cheeky cash offer my dad tabled and then they tried to explain how taking out the finance actually gave them extra savings on the purchase price.

They walked away and are going to see a mercedes later on today from the merc garage at preston farm.
Click to expand...

It's too late to back out now, the paperwork was dealt with yesterday, there's no cooling off period as it was done at dealership. Not that I'm having 2nd thoughts, but after some things said in this thread, I'd be lying if I said it hadn't crossed my mind.
 
I understand flat rate and how they use it. I'll pay4.7% interest on the whole amount ever year for the three years, so for example if I borrowed 7k, over 3 years I'll pay 1050 interest, think it works out about 11% apr without doing the maths.
 
Whats the worst they can do if you just cancel end of?

You need to rethink this mate, the car is too dear to start and now you have lumbered yourself up with a ropey bit of finance.
 
wez130 said:
I understand flat rate and how they use it. I'll pay4.7% interest on the whole amount ever year for the three years, so for example if I borrowed 7k, over 3 years I'll pay 1050 interest, think it works out about 11% apr without doing the maths.
Click to expand...

They use it so it's:

a) Easier for car salesman to do figures (lets face it, they are not exactly accountants).
b) Easier to make the customer think a crap deal is a good one.

Flat rate is rubbish and should always be ignored.

Seriously all we need to complete this is for you to tell us they have covered the dashboard in cockpit shine and we have a stereotypical 'car supermarket' transaction.
 
The wrong car purchased

Investment tips

Finance


I can't abide this business of systematically destroying someones car purchase but even I've found this amusing.


I'd like to know how Mikehow is buying this silver - a stock broker? an ETF perhaps? from a *****?
 
You must log in or register to reply here.
Back
Top Bottom