New, immensely boring and dull car. The joys of moving out!
- Thread starter mattyprice4004
- Start date
Soldato
- Joined
- 8 Mar 2006
- Posts
- 13,300
- Location
- Near Winchester
I don't understand why it's a big deal to say what you earn. That said, I'm not going to say what I earn.
Soldato
- Joined
- 8 Mar 2006
- Posts
- 13,300
- Location
- Near Winchester
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Soldato
- Joined
- 24 Sep 2005
- Posts
- 20,189
- Location
- Middlesbrough
Matt when are you going to treat yourself and get something nice? 
You deserve it mate after the amount of sheds you've owned
You deserve it mate after the amount of sheds you've owned
Maybe thinking of red diesel? Which is for tractors, heating oil etc only.
Wrong.
You can notify the hmrc you are using cooking oil as fuel, i'd like to see the stats on people who actually do this though lol
MW
Wrong.
DING DING DING! WE HAVE A WINNER! Use less than 2,500L in a rolling 12 month period and HMRC don't give a monkeys (tax is worht less than the cost of colelcting it)
Soldato
- Joined
- 20 Aug 2003
- Posts
- 6,703
- Location
- Pembrokeshire
Only advice I have here is not related to cars.
Simply, stay at home with your parents for as long as you can!
Simply, stay at home with your parents for as long as you can!
[TW]Fox;17114742 said:
It's all relative. Around here £20k gross won't go far at all. If the OP can make a few automotive sacrifices to preserve other areas of his lifestyle after a huge jump in outgoings then fair play to him.
I've met plenty of poor people with seriously impressive cars but with nothing else to their name and, in contrast, some very wealthy people who drive around in a Mondeo because a car "just isn't that important".
So anything above collecting veg oil from a cash and carry and driving a 500 quid shed is 'spending it all on a car' is it?
Soldato
- Joined
- 8 Mar 2006
- Posts
- 13,300
- Location
- Near Winchester
[TW]Fox;17114961 said:So anything above collecting veg oil from a cash and carry and driving a 500 quid shed is 'spending it all on a car' is it?
I know you like to spread your money equally to have only nice things in your life, but I suspect you're underestimating the cost of living away from your parents (unless you've sneaked out while I wasn't looking). Making such savings in a lot of aspects of your life can mean a nice house of your own much sooner. Renting is much worse than paying a mortgage, and renting while saving for something to put down on a house is the hardest part of all.
- Joined
- 24 Apr 2007
- Posts
- 7,567
- Location
- Southport
Some of you guys have got the nail on the head
I enjoy holidays in the UK camping, and need a big, comfy car for going to said places (usually Devon) with the minimum of expense and fuss.
If I got something newer, all sorts of parts get thrown into the equation that are simply pennies on the Rover. Yes, I'm a cheapskate.
The VP30 fuel pump on the diesel engine is a solid unit, so solid that they rarely go wrong so are not in demand. Thus you can get one off eBay for a tenner or so.
Exhaust bits are also peanuts, the entire system comes to about £100 and it's just had a new mid and front section.
The combined cost of the cambelt, tensioner and idler, and new brakes on the front and back (discs and pads) came to £100.
It's just a cheap car, as now my life has moved on and I have other priorities. I did and still do think the 620Ti is a fantastic car, but the money for insurance and fuel for it would be much better spent on other aspects of my life.
To give you an idea, the Ti was £1100 per year to insure, and the ZS £900.
This car is £430.
Fuel wise, I get about 550 miles to a tank, which is 60l, or about £36. Works out at 6p / mile, the lowest I've ever achieved.
Servicing is the cost of oil, as when Halfords had a price 'glitch' on their systems I picked up literally 15 or 20 oil filters (I have a trade card, and got one of the filters for the 620Ti / 620 Diesel, they use the same and came out silly cheap for some reason) for 80p each.
It's basically shoestring motoring, but with a touch of comfort and familiarity I wouldn't have with other cars, I literally know these inside and out.
I enjoy holidays in the UK camping, and need a big, comfy car for going to said places (usually Devon) with the minimum of expense and fuss.
If I got something newer, all sorts of parts get thrown into the equation that are simply pennies on the Rover. Yes, I'm a cheapskate.
The VP30 fuel pump on the diesel engine is a solid unit, so solid that they rarely go wrong so are not in demand. Thus you can get one off eBay for a tenner or so.
Exhaust bits are also peanuts, the entire system comes to about £100 and it's just had a new mid and front section.
The combined cost of the cambelt, tensioner and idler, and new brakes on the front and back (discs and pads) came to £100.
It's just a cheap car, as now my life has moved on and I have other priorities. I did and still do think the 620Ti is a fantastic car, but the money for insurance and fuel for it would be much better spent on other aspects of my life.
To give you an idea, the Ti was £1100 per year to insure, and the ZS £900.
This car is £430.
Fuel wise, I get about 550 miles to a tank, which is 60l, or about £36. Works out at 6p / mile, the lowest I've ever achieved.
Servicing is the cost of oil, as when Halfords had a price 'glitch' on their systems I picked up literally 15 or 20 oil filters (I have a trade card, and got one of the filters for the 620Ti / 620 Diesel, they use the same and came out silly cheap for some reason) for 80p each.
It's basically shoestring motoring, but with a touch of comfort and familiarity I wouldn't have with other cars, I literally know these inside and out.
- Joined
- 24 Apr 2007
- Posts
- 7,567
- Location
- Southport
Sounds like you know how to run it on the cheap and I for one like your style being a cheapskate properly
Cheers, I like to think so
If I go to a breaker's yard I always pick up things like ball joints, wheel bearing assemblies etc if they are in good condition (recently fitted) and keep them for a rainy day.
Being a cheapskate is a skill!
Nothing really too wrong with renting.
A mortgage on something reasonable in this area is going to be £700-900 a month, depending on how much capital you have to use a deposit, of which the vast majority of this will be interest.
I am renting a similar property to what I would like to be able to buy, its a new end terrace with a 2 car drive, front and rear gardens, close to local amenities in an average area (helped by being at the end of a cul de sac).
This runs to £495 a month, council tax of £95, then gas/electric £50, tv license £12, water £35, phone/internet/tv £30 totalling approx £720.
Now the important bit is to be able to save more than what you would be impacting on a potential mortgage (if you owned the property) while also accounting for an increase in house prices. So say the other costs are fixed (the council tax etc), then I can potentially save £200-400 a month by renting compared to owning.
£400 a month is going to far outstrip the growth of the area at the moment, and it also leaves the freedom to move area easily to further my career which while I am fairly young I would consider, yet if I was burdened with a mortgage on somewhere I would either have to sell and potentially lose money, or have a long commute costing money.
620Ti is fantastic value only because of the engine and gearbox IMO, but I can see why a Diesel version of the same car appeals in terms of familiarity, when you're "tightening the belt" so to speak.
I see Fox is out in force again; now people that earn more than an average wage have to drive reasonable cars - and running an extremely cheap yet "capable" car is ridiculous.
I see Fox is out in force again; now people that earn more than an average wage have to drive reasonable cars - and running an extremely cheap yet "capable" car is ridiculous.
Is £20k more than the average wage?
ONS would say otherwise: http://www.statistics.gov.uk/cci/nugget.asp?id=285