New job, Car or Flat?

Begbie · 7 Mar 2013 at 16:45

Flat attracts women much much more than a car.

That's just simple, stage one rules.

ikillbears · 7 Mar 2013 at 16:51

Gammawolf said:
Flat first. You already have a perfectly functional car..

can't believe you have to come to an internet forum to ask such a question

tom_nieto · 7 Mar 2013 at 21:31

Bananaaa said:
Ive been dreaming of both for a while, I doubt it'll be long in between the two purchases/rent or whatever you want to call it.

Was just thinking S2000 would be cheaper to buy now than in the summer.

A flat will be cheaper to buy now than in the summer. Keep your car and buy a flat. The S2000 is really great but owning your own place is a way way better feeling.

Snaggle · 7 Mar 2013 at 22:06

s2000 at 23 .. this will end badly

just kidding nana . but check the thread in motors

Fuzz · 7 Mar 2013 at 23:45

Unless you want to be sleeping in your car when your parents move to Wales, one would heartily suggest a flat would be somewhat higher on the MUST DO list than a new car!

What a stupid question..

The Badger · 7 Mar 2013 at 23:46

Car first, then flat.

You wont be able to afford a car when you have a flat, get your car out of the way then move out.

HangTime · 7 Mar 2013 at 23:53

I've never really bought into the whole "buy it now or you won't be able to afford it in the future" school of logic. If buying a flat is going to mean he can't afford a car, then whether he buys the car before or after is largely irrelevant. It's not like the car will be free if he buys it first, the total expenditure should be pretty much the same all else being equal (depending on how the depreciation shapes up car vs flat).

Furthermore, he's mentioned getting the car on a 'three year deal' which implies finance to me - so if he gets the car first then he'll have more debts/outgoings to declare when it comes to trying to arrange a mortgage on the flat.

Bananaaa · 7 Mar 2013 at 23:56

It's not as though my rents are going to kick me out to move.

It's weather I get living sorted and then have a rough budget on car, or do I buy a car and then get a rough budget on flat rent...

starfighter · 8 Mar 2013 at 00:00

If you already pay rent a flat might not be that much more and you might still be able to afford the car.

Flat and then car.

I bought a house about a year ago and am now considering a nice car upgrade.

tom_nieto · 8 Mar 2013 at 00:02

Bananaaa said:
It's not as though my rents are going to kick me out to move.

It's weather I get living sorted and then have a rough budget on car, or do I buy a car and then get a rough budget on flat rent...

If you're worried about the weather the S2000 probably isn't the right car for you, best get a roof over your head.

-westy- · 8 Mar 2013 at 00:12

Are you seriously asking this question?

Get yourself a flat sorted (as you have a perfectly functional car), then you'd find out the real cost of living (clue: it's more than you think), then if you still have enough spare cash after rent, food, council tax, utility bills and fuel then think about the car.

Jesus.

gord · 8 Mar 2013 at 00:27

What's the time frame on your parents retiring to Wales?

If you're going to rent a place then I'd be tempted to car it first.

But, if you're going to finance the car then I'd be tempted to sit tight for as long as you reasonably can without unfairly impacting your parents lives. Build up some cash, and once you've got a deposit you can decide whether buying your place or a new car is really what you want. Either way, you're not lining someone else's pockets.

alex20000 · 8 Mar 2013 at 00:30

Flat, just like everyone else is suggesting.

Voltar · 8 Mar 2013 at 00:37

Gammawolf said:
Flat first. You already have a perfectly functional car..

-westy- · 8 Mar 2013 at 01:32

gord said:
What's the time frame on your parents retiring to Wales?

If you're going to rent a place then I'd be tempted to car it first.

But, if you're going to finance the car then I'd be tempted to sit tight for as long as you reasonably can without unfairly impacting your parents lives. Build up some cash, and once you've got a deposit you can decide whether buying your place or a new car is really what you want. Either way, you're not lining someone else's pockets.

I don't quite get this obsession on OcUK for buying a house/flat. What's wrong with renting? It's quite rare for someone who's 23 to have enough built up savings to buy a place - he's even mentioned renting in a couple of his posts.

Nothing wrong at all with renting.

Bromhead · 8 Mar 2013 at 01:56

Your own place without a doubt, especially as you have a functioning car... S2000 can come later

Bananaaa · 8 Mar 2013 at 01:58

Thanks for the advice guys xD

Jackaby · 8 Mar 2013 at 03:08

Bananaaa said:
Was awaiting a comment like this xD

The option isn't there, it's just which one gets the priority factor, car or flat.

You can't decide between having your own place or a new car? Despite the fact you have a car that is fully functioning.

FFS man, I HATE this planet.

Pestilence · 8 Mar 2013 at 03:22

Move out you giant nappy-wearing child.

In all seriousness, though... they're moving, your current cosy digs are leaving you. That money needs to go towards somewhere to live so sort it out before it's too late and let your parents do their thing. Your functional car can serve you for now. Common sense, dude.

Bananaaa · 8 Mar 2013 at 03:47

You guys seem to think they're rushing off instantly. I didn't make it clear in the OP that they aren't moving straight away, weren't looking to move until next year earliest.

Therefore time for moving out isn't as much of an issue as possible.