But your future hypothetical bed will be smaller than what you could have had because you financedYep, twice.
On the plus side, our bed is nicer and bigger than the quoted picture because we financed on the car.
What car did you get?
What's your experiences on finance?
- Thread starter X-Morgan
- Start date
What car did you get?
But then you should be asking yourself, if it's nothing more than an A to B tool to you, why do you need to be spending £10k in the first place?
But your future hypothetical bed will be smaller than what you could have had because you financed
What car did you get?
I bought a focus estate thing (cash), she's got a Yaris. Like I said nothing nice.
Knocks wood. Both cars have cost very little other than the usual day to day costs.
Should have nipped over to the D and picked up one of these for cash:I bought a focus estate thing (cash), she's got a Yaris. Like I said nothing nice.
Knocks wood. Both cars have cost very little other than the usual day to day costs.
My mum owns her own business and it's a part of that I help out with (no relation to my main job at all), I'm on payroll and pay tax etc... just like her other employee.
Man of Honour
But then you should be asking yourself, if it's nothing more than an A to B tool to you, why do you need to be spending £10k in the first place?
if you can afford it why not... value / size of your car is not always based on income, it's just what you feel is right for you
could spend 10k on a luxo barge, but wouldn't want one round town for nipping to school or tesco express, or... maybe you would, but it's personal choice / taste.
i don't feel i need a 185mph bike to go 7 miles to work in the snow, but i still pay for one on finance and do it daily, it suits me
I just take the view that if you're having to turn to finance to 'spread the costs' of something that's merely a tool - why pick a £10k example when something that costs half the price could do precisely the same job.
Just seems slightly at odds to me.
Just seems slightly at odds to me.
My thoughts exactly. Rinse and repeat there is usually a decent car for any budget. If you need a car for a year could easily pick up something random locally for £300 that will last a year without costing too much.
Man of Honour
Not quite the same that is it?
The point is, when you're viewing a car as nothing more than a tool, spending £5000 on something like a Ford Focus is perfectly good for the job. Hell, £2500 on a Focus would probably be fine and not offer you a fundamentally worse tool than a £10,000 car.
The point is, when you're viewing a car as nothing more than a tool, spending £5000 on something like a Ford Focus is perfectly good for the job. Hell, £2500 on a Focus would probably be fine and not offer you a fundamentally worse tool than a £10,000 car.
Man of Honour
So when you look for a house are you going to get a small studio flat in a really rough area because it will do and because you don't want to have a lot of finance?
Probably not because you'll want a 1 / 2 bed house in a decent area.
The same applies in some respects to a car. Yes, my mrs could have got an older car for $2-4k. However, long term the 10k car in which is much newer and in very good shape should last longer than a cheaper car and in the long term return better value.
My point is merely, if you're viewing a car as nothing more than something to enable you to get from A to B, then there is nothing of value really offered spending that much money. Especially if it forces you to have to 'spread costs' to be able to purchase it.
Of course if you prefer a nice interior, or a sporty drive, or a powerful engine, that's fine but you can't really describe your car just as 'a tool' then, you're now buying it based on niceties which is an entirely different approach to buying a car.
I can see what you're saying but when you look at the sort of things you can buy for not a lot of money, you'd need to be spending £1500 or less to end up with something you could truly call a 'bad tool'.
Of course if you prefer a nice interior, or a sporty drive, or a powerful engine, that's fine but you can't really describe your car just as 'a tool' then, you're now buying it based on niceties which is an entirely different approach to buying a car.
I can see what you're saying but when you look at the sort of things you can buy for not a lot of money, you'd need to be spending £1500 or less to end up with something you could truly call a 'bad tool'.
Associate
What ever happened to working up the car ladder and saving in between?
I suppose that went out of fashion with flares
Haven't you had Jags since you were 18!?
Permabanned
Haven't you had Jags since you were 18!?
Yea but the first ones were like 1500 quid which was a few quid in them days, but they were paid for, not on the drip
In fact thinking about it, my first ever Jag, a yellow series 2 XJ6 with a tidy dent in the rear wing cost me 400 quid, that was a 1976 vintage car