Your quick opinions on which way to jump
03 January 2003, 04:57 PM
#1
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thinking of moving house. If i did i would have to raise a few quid which would mean the end of my02 STI type uk (5000 miles).
If i sold it at the expected rate or near abouts it would mean i would have about £15k spare to buy a car.
IF i went away from a subaru - thinking of maybe a civic type R (year old) or maybe a 4 year old M3 or a 4 year old skyline R34.
(just been looking on the autotrader!)
Any ideas or opinions on the above.
And yes I know that the obvious thing to do is not move house before anyone suggests that!!
If i sold it at the expected rate or near abouts it would mean i would have about £15k spare to buy a car.
IF i went away from a subaru - thinking of maybe a civic type R (year old) or maybe a 4 year old M3 or a 4 year old skyline R34.
(just been looking on the autotrader!)
Any ideas or opinions on the above.
And yes I know that the obvious thing to do is not move house before anyone suggests that!!
03 January 2003, 05:15 PM
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Why not have your cake & eat it,
Get a classic shape sti,
That way you wouldn't miss out on anything!
You could pick up a real minter for that sort of money.
Good luck Taffyboyo!!!!
Get a classic shape sti,
That way you wouldn't miss out on anything!
You could pick up a real minter for that sort of money.
Good luck Taffyboyo!!!!
03 January 2003, 05:28 PM
#7
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Dont sell your car mate - you lose so much cash! Beg steal borrow (well actually, dont steal as that is a *****y thing to do). Maybe get a 100% mortgage and try paying a bit extra each month to make up for it?
Once you have paid off 10% (or the house has gone up in value by 10%) you can switch the mortgage to another lender, and probably get a slightly better rate as you are no longer a 100% borrower. The only other drawback is you have to pay a 'mortgage indeminity premium'. This is a few hundred quid and cover the building soc if you go belly up on your payments (but will still be able to zoom off smartly
)
You MUST buy a house though - it is the way here!
Once you have paid off 10% (or the house has gone up in value by 10%) you can switch the mortgage to another lender, and probably get a slightly better rate as you are no longer a 100% borrower. The only other drawback is you have to pay a 'mortgage indeminity premium'. This is a few hundred quid and cover the building soc if you go belly up on your payments (but will still be able to zoom off smartly
)You MUST buy a house though - it is the way here!
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