Financing car purchases.
19 August 2004, 02:15 PM
#1
Scooby Regular
Thread Starter
Join Date: Jun 2003
Posts: 51
Likes: 0
Received 0 Likes
on
0 Posts
Financing car purchases.
I'm pretty conservative financially unless I see something where the risk is worth doing.
Anyway cars are a fantastic loss as you are all aware but I've love'em which is why I make the exceptions.
Still, I don't go overboard on it, so my current Scoob was financed with a loan plus some savings. Usually that keeps me out of WR or Type 25 territory.
I am curious to see what other folks here are doing to finance their pride and joy. Some have referred to leasing schemes and I've looked at them myself. I'm on a car allowance so they look tempting.
Advice?
Anyway cars are a fantastic loss as you are all aware but I've love'em which is why I make the exceptions.
Still, I don't go overboard on it, so my current Scoob was financed with a loan plus some savings. Usually that keeps me out of WR or Type 25 territory.
I am curious to see what other folks here are doing to finance their pride and joy. Some have referred to leasing schemes and I've looked at them myself. I'm on a car allowance so they look tempting.
Advice?
19 August 2004, 02:18 PM
#2
Scooby Regular
Join Date: Oct 2004
Location: London
Posts: 4,797
Likes: 0
Received 0 Likes
on
0 Posts
The only time I bought a brand new car was when it was through the Company. It was an STi7 and the depreciation loss (read tax loss!) was horrendous.
I am now firmly with the school of thought that says "if you can't afford to buy it (for cash) then don't buy it". At the moment that means i am driving a 7 year old Peugeot 406, but that's life.
I am now firmly with the school of thought that says "if you can't afford to buy it (for cash) then don't buy it". At the moment that means i am driving a 7 year old Peugeot 406, but that's life.
Thread
Thread Starter
Forum
Replies
Last Post
ossett2k2
Engine Management and ECU Remapping
15
23 September 2015 09:11 AM