Hey all
Hit a bit of a dilemma and I dont know what to do!
I'm currently in my 2nd year of uni and as some may remember, I'm gunning for a Celica ST205 GT4 after summer (I have a 12 week internship/summer placement at a big investment firm which is where the funds are coming from).
I am currently driving my mum's Corsa 1.4 Auto - have done for 3 years now without incident - and it is effectively mine, insured in her name (*flame suit* I dont want to get into that insurance argument again please!).
Now my mum isnt too keen on the idea of me getting a car in september, now maybe she thinks it's too quick or a waste of money but that's irrelavant...
What is relavant is that she has offered to pay insurance and tax on the Corsa, in my name, giving me NCB for the first time when the renewal date comes around in May instead of selling the car then - which doesnt really affect me as I wont have access to it over summer in London anyway.
My head is telling me this makes so much sense - it'll save me an absolute packet of money, get my NCB to atleast 1yr and be cheaper to run (petrol wise).
My heart is completely the opposite, I really crave a new car at the moment, I find the corsa boring to drive and feel after 3 years of no incident driving that I deserve an increase in performance.
Annddd...I would love that increase for my 3rd year of uni! Can I justify spending my entire summer earnings plus more (approuching £8k) on a car/insurance.
If all goes well, I'll be looking at a reasonably paid job (£30k) after i leave uni and her argument is that I can buy a car then - a better car than I can in september - and afford to keep it / maintain it.
The bottom line is, I can't help but think that if I'll be working in the city (London) that I wouldn't really get to enjoy the car as much as I would next year where I'm still a student - with plenty of freetime etc...
Sorry about the long post - Usually I'd always pick the sensible option here (ie keeping the corsa for another year) but this has really stumped me!
Might seem like I'm making a mountain out of a molehill but your thoughts, i believe, would help me greatly!
Hit a bit of a dilemma and I dont know what to do!
I'm currently in my 2nd year of uni and as some may remember, I'm gunning for a Celica ST205 GT4 after summer (I have a 12 week internship/summer placement at a big investment firm which is where the funds are coming from).
I am currently driving my mum's Corsa 1.4 Auto - have done for 3 years now without incident - and it is effectively mine, insured in her name (*flame suit* I dont want to get into that insurance argument again please!).
Now my mum isnt too keen on the idea of me getting a car in september, now maybe she thinks it's too quick or a waste of money but that's irrelavant...
What is relavant is that she has offered to pay insurance and tax on the Corsa, in my name, giving me NCB for the first time when the renewal date comes around in May instead of selling the car then - which doesnt really affect me as I wont have access to it over summer in London anyway.
My head is telling me this makes so much sense - it'll save me an absolute packet of money, get my NCB to atleast 1yr and be cheaper to run (petrol wise).
My heart is completely the opposite, I really crave a new car at the moment, I find the corsa boring to drive and feel after 3 years of no incident driving that I deserve an increase in performance.
Annddd...I would love that increase for my 3rd year of uni! Can I justify spending my entire summer earnings plus more (approuching £8k) on a car/insurance.
If all goes well, I'll be looking at a reasonably paid job (£30k) after i leave uni and her argument is that I can buy a car then - a better car than I can in september - and afford to keep it / maintain it.
The bottom line is, I can't help but think that if I'll be working in the city (London) that I wouldn't really get to enjoy the car as much as I would next year where I'm still a student - with plenty of freetime etc...
Sorry about the long post - Usually I'd always pick the sensible option here (ie keeping the corsa for another year) but this has really stumped me!
Might seem like I'm making a mountain out of a molehill but your thoughts, i believe, would help me greatly!
