Caporegime
I think that's why the poll isn't correct as people genuinely think they own their car. The replies in this thread do not tally with the poll.
Poll: Do you actually own your car?
- Thread starter /\ndy
- Start date
I think that's why the poll isn't correct as people genuinely think they own their car. The replies in this thread do not tally with the poll.
Well the car is either totally paid for using your own money, not a loan, credit card or finance or it is not.
I own all my cars outright, apart from the SVR which has finance with a balloon attached to it, I paid 80k for it, over 40k in cash my side, around mid 30's owing which shall be paid of very soon, at which point that is owned as its from cash in my bank account, so my own money. Not credit card as I doubt a finance company would take a credit card as payment, they tend to only accept debit cards from when I've paid loans/finance off previously.
Range Rover Velar SUV
2.0 D180 5dr Auto
Available from just
£273.88 per month
exc VAT
Initial Rental: £2464.92 exc VAT
If you take a loan to pay for the car then it is still owned outright by yourself, but most cars are finance via PCP. I guess people would rather spend less money on a better car because the per month cost is lower using pcp/lease.
https://www.mad-sheep.co.uk/personal-lease-cars/land-rover/range-rover-velar-suv-4x4
Just from one of my emails, I recalled it began with a 2
Range Rover Velar SUV
2.0 D180 5dr Auto
Personal Contract Hire
Available from just
£346.22 per month
inc VAT
Initial Rental: £3115.98 inc VAT
5K Per I think it was
Just from one of my emails, I recalled it began with a 2
Range Rover Velar SUV
2.0 D180 5dr Auto
Personal Contract Hire
Available from just
£346.22 per month
inc VAT
Initial Rental: £3115.98 inc VAT
5K Per I think it was
Soldato
Guy salmon was doing some mental offers on Coventry. Admittedly the employee discount (10%)but meant you could get a Velar P250 HSE for £270 down and £270 a month just for 12months and 8k Miles.
Last edited:
Caporegime
Associate
Yup. Audi TTS.
Caporegime
- Joined
- 21 Jun 2006
- Posts
- 38,372
which have been ragged and poorly serviced if serviced at all (arnold clark).
yeah a lot to be thankful for.
Caporegime
Meh. Ragging a new car for a couple of years without servicing it isn't going to do much damage in the grand scheme of things. As long as it at least has enough oil in it, and is allowed to warm up before bashing the limiter. 
Associate
- Joined
- 6 May 2016
- Posts
- 693
Yup, my battered old Civic. Don't think I'll ever take finance out on a car, but that's more because of an aversion to debt, than the economics of it.
Its a requirement of most leases/pcp to have the car serviced properly.
I had my Polo serviced and the front tyres changed 2-3 weeks before I gave it back.
Caporegime
- Joined
- 21 Jun 2006
- Posts
- 38,372
the problem being a lot of "standard" service plans aren't servicing the car properly.
and if it's a deal taken out with arnold clark their "service" doesn't actually replace fluids but just tops them up. so the oil turns to gunk.
also people who will be buying diesels and using them for 5 mile trips daily with no commutes longer than 20 mins, etc.
i'd rather buy a car from someone who has owned it and knows how it should be serviced rather than just follow what the manufacturer states, etc.
What? People who buy cars outright in cash know more than the OEM? And people who get on finance don’t service it properly ?
What have you been smoking?
Caporegime
- Joined
- 21 Jun 2006
- Posts
- 38,372
it's a common theme that people who buy stuff treat it with more care than those who "rent" it
also OEM don't care about the car lasting longer than the warranty. once warranty is done they can then reap in cash from failures.
warranty is like 2-5 years max. after that they don't care.
those that do offer extended warranty have the caveat that it must be serviced by them a minimum of once per year regardless of mileage. whereas otherwise it wouldn't be serviced for several years on a low mileage car going off info provided by OEM.
average mileage of say 8K per service my car would be serviced once every 8 years. does that sound right?
Soldato
Paid £6k cash for my Type-S almost 6 years ago now. It's on 152k.
It's running well but outgrowing it now. I run to work and o/h does local journeys while on maternity leave but would love something bigger and more refined for our frequent weekend trips out walking and camping etc. Sadly I have zero capital for another car and it's worth about £500 now so any newer car will be fully or part financed however I'm leaning towards a similar aged larger car on the cheap that has potential and just bring it up to par myself. I love cars but there's bigger issues in life, despite living rurally making car ownership essential with the lifestyle we have.
It's running well but outgrowing it now. I run to work and o/h does local journeys while on maternity leave but would love something bigger and more refined for our frequent weekend trips out walking and camping etc. Sadly I have zero capital for another car and it's worth about £500 now so any newer car will be fully or part financed however I'm leaning towards a similar aged larger car on the cheap that has potential and just bring it up to par myself. I love cars but there's bigger issues in life, despite living rurally making car ownership essential with the lifestyle we have.
So you do 1k miles per year? Your very much an exception then and basing everything on that is rather silly.