Getting back on the road...

You really cannot have your cake and eat it when you are only left with £300 a month after all your outgoings.
You dont need an active suspension Soarer. You may not be living beyond your means, but you are devoting all your spare cash to a Lexus Soarer.
 
That thing will use £50 of fuel every time you start it.

The whole thing seems unrealistic tbh but then again if we lived life by all the sensible rules it would be a very dull place with some very dull decisions being made (or mostly made for us, dictated by circumstances).
 
50 a month is more or less right. it'll be more economical than my old Turbo one and I don't do too many miles.

Something I am not quite getting is how much I "should" be putting away a month, especially when you consider that I'd be perfectly happy for that soarer to see me through until I actually properly qualify and the subsident further pay rise/change of options that will happen then? I thought 150 or so was pretty good going for someone in my postion. And remember that is going to be a minimum. Like I said, overtime and bounses do happen often and while. they are not certain to the point where ill include them in my figures it is fair to say that ill be putting aside over that 150 figure more time than not
 
If I were you i'd be saving as much as I could until I had a nice little 'buffer' of money that could see me through at least a few months of total unemployment and once i'd achieved that, then i'd start looking at the big powerful cars (it's not something i'm interested in doing for a year or two personally).

Whether you're remotely interested in trying to build up a house deposit is up to you but it's something i'm personally doing and I would suspect most people would at least be thinking about doing.

I'm not suggesting you resign yourself to life of boredom, just that you learn to walk before you try and run. Build yourself a bit of security for the future and turn to the 'luxury' spending once you're done doing that.

I'm not of the opinion you should let a car and it's running costs be essentially dictating your finances - they're good fun, but not that important.
 
[TW]Fox;19839961 said:
It's always good to have enough money stashed away that being made redundant is an inconvenience not a life changing 'arghghghghgh' moment.
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Question is, for how long? Do you keep enough saved to give you a month to find work? Two? Six?

I'm sure we've all done it, and all lived within an inch of our income at some point. Joshy is still young, and that makes it even harder for me to say that its a stupid idea to get the V8 Soarer.

I'd say do it, but definitely, and without fail, put every spare penny you have into savings for an unforseen eventuality.
 
It isn't really the amount per month, it is more the overall situation

£150 spare a month when you have a few hundred quid in savings isn't a great position to be in.

£150 spare a month when you have a few grand saved up is a nice place to be because you know that when your boiler goes bang for example you aren't in the poop.

Question is, for how long? Do you keep enough saved to give you a month to find work? Two? Six?
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It is a good question and I guess it comes down to the individual and their situation. Once I bought a house though I wasn't happy until I had at least 6 months of survivable cash built up.
 
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£150 spare a month is nothing, only 37.50 a week overspend would eat that up.

that's like buying a pair of shoes or getting a filling for a tooth.
 
My flame proof suit is on.

I bought it.

Even better? I bought it as a non runner! :eek:.

Paid £600 for it and at the end of the day, I'll almost certainly get that back for it as a parts car.

The on board diagnostics system is showing up a sensor related fault that is know to cause non starting. That's if of course there actually is a problem, the battery is knackered so there is a good chance the previous owner flooded it trying to get the car to start. I'm going to get it low loaded in a few days and go from there.

Bodywork wise? Well, to quote someone, 'It's in great condition, but the paint is terrible' ;) :D. No dings or dents, but a lot of scuffs and scratches. It ideally needs blowing over with a spray gun :(

I'm not sure if this is going to be a long term thing. I'm going to have to drive it and see. I may very well end up using it for a few months, give it a minor tidy up and sell it on. I may fall in love with it but I'm mindful that it is going to take a lot of work to get it to the standard where i want to keep it forever and ever and ever.
 
Someone, somewhere in the depths of the forum is harnessing the power of the Sun ready to deliver an epic flamefest.

I'm getting the hell out of here before I get toasted...
 
Joshy said:
...and put it towards a working car...
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It's not the purchasing of the car that's going to kill you, it'll be the running. You accounted, roughly, for insurance and fuel although fuel will always be out. You say you won't do that many miles then you'll go see someone one weekend etc.
What about when you need new tyres, or a new/replacement piece of exhaust, or some other part, or tax comes around. All those things will add up pretty fast.

IMO, get it working and sell it on for a profit, or part it out for profit.
 
DRZ said:
Someone, somewhere in the depths of the forum is harnessing the power of the Sun ready to deliver an epic flamefest.

I'm getting the hell out of here before I get toasted...
Click to expand...

I'm not seeing the need for a sun powered flaming?

I appreciate the gamble, but for the sake of maybe losing maybe £100 if it does turn out it be completely mechanically shot I thought the risk was worth it.

I appreciate that from my fiances I don't exactly have money to be gambling with, but if this does go wrong it'll be the ultimate lesson in heart over head, and I'll hold my hands up to that. Its not a secret to anybody that I like these cars and the Actives are without a doubt the best. Only 873 ever built, there must be not much more than 20 in the country, just about every optional extra you can think of (unfortunately the person who bought mine orignally was a tight wad and didn't go for the reversing camera :mad:) and a suspension system nothing short of mind boggling. If I can save this one I'll be an incredibly happy man :).
 
Described as in daily use yet you buy it as a non-runner?

Each to his own & all that, but rather you than me mate.

It would be great if you could save it, I don't see how you will given your funds (or lack of).
 
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