If you won lottery would you buy car outright or finance?

I'd speak to my financial advisor and see what the best option would be, finance, lease, purchase, set up a company and lease through that etc.
 
If I had millions and I wanted a £80k car I'd simply buy it. Why finance it unless its one of those rare deals where the manufacturer makes a loss on the lease? Waste of money.
 
I'd wear the scruffiest clothes I could, grow a shaggy beard, then walk into some posh car dealership and ask to see their most expensive models, maybe even a test drive.

Then I'd smugly walk out when they told me to do one, and I show my titanium credit card to them.
 
I'd speak to my financial advisor and see what the best option would be, finance, lease, purchase, set up a company and lease through that etc.
I'd also get him to set up that sneaky scheme to own/register (or whatever it is they do) the car through a foreign intermediary so speeding tickets can't reach me.
 
So because you win the lottery proper money management goes out the window? ^^

I'd get a few business leases. What's the point spending say 300k on 4 cars, if you can only drive one at a time... would make more sense to get 4 on a business lease and switch/choose every few years?
 
So because you win the lottery proper money management goes out the window? ^^

I'd get a few business leases. What's the point spending say 300k on 4 cars, if you can only drive one at a time... would make more sense to get 4 on a business lease and switch/choose every few years?

Well you don't need money management if you win big on the lottery. Only a handful of idiots have wasted the lot on drugs and car smashing.
 
I'd get a few business leases.

Have you any idea how much it costs to run something exotic when its leased through a business? It becomes liable for company tax at comedy rates for a start.

If you have significant amounts of cash kicking around just buy it outright. However you buy it, somebody has to buy the car outright - if you lease then the lease company buys it outright, you always end up paying for the depreciation some way*

*Except sometimes when manufacturers back cheap leases to get rid of old stock or to generate future used stock.
 
I'd never buy finance personally. If I won millions, I would buy new outright. If I won a few thousands, I'd buy something better but within the win and after putting a fair whack towards other things.
 
I have to say if I won the lottery I wouldn't buy my dream car straight away. I would like to work my way up, if you understand where I'm coming from.

Start with RS clio then Focus ST/Megane R-- then M3/C63 AMG then Porsche GT3 RS.

Think that way I wouldn't get bored
 
I have to say if I won the lottery I wouldn't buy my dream car straight away. I would like to work my way up, if you understand where I'm coming from.

Start with RS clio then Focus ST/Megane R-- then M3/C63 AMG then Porsche GT3 RS.

Think that way I wouldn't get bored

I'd fail at that to be fair. I'd probably just drive down the road to Douglas park BMW/Bentley and take away a 458,MC12-4C or a 911 Turbo and head up north via lovely roads. Most likely die on the way too.:cool:
 
I'd just short-term lease whatever I wanted and then keep upgrading or chopping and changing every year - not like you really have to worry about the 1st year depreciation really.

Something like this: http://www.premierfinancialservices.com/pfs/

Want a new car? No worries, just swap it out at any time with minimal fuss :cool:
 
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I think i'd rather just own outright really. But like someone else above, i'd work my way up rather than go all in with something like a GTR.
 
Yes i think i would like to work my way up as well. Besides, i would probably kill myself if i went straight into a 458! :eek:

I have always loved the look of the RS Megane 250 so maybe start with that. Then a TTRS, then an R8/GTR, then onto a 458/Carrera GT
 
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