Payed my car off in full
03 February 2006, 07:32 PM
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Payed my car off in full
Thought it was about time I payed my car off.
Been saving my 2's,1's, 5's, 10's and 20's for a while .......Counted them out and almost had enough to pay the car off in full. Nipped to the bank, drew out another £70 and payed her off in full.........Now mine, lock stock and electric sunroof
Its nice when you own things isnt it?
Gary
Been saving my 2's,1's, 5's, 10's and 20's for a while .......Counted them out and almost had enough to pay the car off in full. Nipped to the bank, drew out another £70 and payed her off in full.........Now mine, lock stock and electric sunroof
Its nice when you own things isnt it?Gary
03 February 2006, 07:41 PM
#3
Originally Posted by Scooby-Doo
Good for you. Only ever borrow money when the rate is lower than my rate of return on savngs.
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circa 270bhp for not much money 
04 February 2006, 09:02 AM
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Well done Gary, paid cash in full for my car - nothing better than knowing you own your car rather than the bank or finance company owning half of it.
Which is a point isnt it ? these people who always buy cars on 3 or 5 years credit or loan, then part ex the car before its fully paid off and take out another loan or credit for the new one never actually own a car, all they are doing is renting it from the bank !
So next time someone is bragging about 'their car' point out to them that they probably only actually own the back wheels, seats, one armrest and the ashtray.
Which is a point isnt it ? these people who always buy cars on 3 or 5 years credit or loan, then part ex the car before its fully paid off and take out another loan or credit for the new one never actually own a car, all they are doing is renting it from the bank !
So next time someone is bragging about 'their car' point out to them that they probably only actually own the back wheels, seats, one armrest and the ashtray.
04 February 2006, 09:12 AM
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Originally Posted by MikeCardiff
So next time someone is bragging about 'their car' point out to them that they probably only actually own the back wheels, seats, one armrest and the ashtray.
04 February 2006, 09:29 AM
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Obviously it doesnt work then 
- but if its your mate or work colleague ( most of us have one of these ) who is the sort to brag about their car, but doesnt have the money to pay cash for anything ( apart from their sunbed sessions ) then you're generally safe.
Failing that you just compare bank statements and see who the winner is
- but if its your mate or work colleague ( most of us have one of these ) who is the sort to brag about their car, but doesnt have the money to pay cash for anything ( apart from their sunbed sessions ) then you're generally safe.Failing that you just compare bank statements and see who the winner is
04 February 2006, 09:33 AM
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comparing bank statements will my collegues will be an instant loss for me 
unless I pick on the bimbo secretary that is still on her hands and knees looking for the brain cell she dropped 
unless I pick on the bimbo secretary that is still on her hands and knees looking for the brain cell she dropped
04 February 2006, 09:38 AM
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In which case I'm sure theres a better use for her 'while shes down there'
BUT - you all know what I mean - its a nice feeling to know that you've got something paid off and its all yours rather than thinking 'another 36 months of £X amount per month' and all the extra in interest you end up paying.
BUT - you all know what I mean - its a nice feeling to know that you've got something paid off and its all yours rather than thinking 'another 36 months of £X amount per month' and all the extra in interest you end up paying.
04 February 2006, 09:47 AM
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She has a lovely body and massive jugs that she likes everyone to see but there is no getting past the fact she is probably the most stupid person I have ever met. Well at least she manages to say hello when people arrive.
04 February 2006, 04:51 PM
#19
Originally Posted by davyboy
......but what if they own the car....and the other 2 on the drive?
And the other 3, in my case! - No loans or money owed. Unlike some of my friends who end up paying £10k for a £5k car
Although, when I was younger, I saw a loan as 'Driving the car, while you saved up for it'.
Last edited by Hol; 04 February 2006 at 04:54 PM.
04 February 2006, 09:48 PM
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pics please
Originally Posted by Scooby-Doo
She has a lovely body and massive jugs that she likes everyone to see but there is no getting past the fact she is probably the most stupid person I have ever met. Well at least she manages to say hello when people arrive.
05 February 2006, 01:46 AM
#29
Originally Posted by OhMyGodItsBlue
Or if you cant afford something, dont buy it
See now I dont see it like that, as long as whatever I'm buying can be sold at more than I owe..
For example I have about £3500 lleft on my Loan for my Scooby
My scoobie is a MY99 with 50k and FSSH, I know I can get 5k easily for it, so I'm happy.
05 February 2006, 01:49 AM
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Originally Posted by MikeCardiff
Well done Gary, paid cash in full for my car - nothing better than knowing you own your car rather than the bank or finance company owning half of it.
Which is a point isnt it ? these people who always buy cars on 3 or 5 years credit or loan, then part ex the car before its fully paid off and take out another loan or credit for the new one never actually own a car, all they are doing is renting it from the bank !
So next time someone is bragging about 'their car' point out to them that they probably only actually own the back wheels, seats, one armrest and the ashtray.
Which is a point isnt it ? these people who always buy cars on 3 or 5 years credit or loan, then part ex the car before its fully paid off and take out another loan or credit for the new one never actually own a car, all they are doing is renting it from the bank !
So next time someone is bragging about 'their car' point out to them that they probably only actually own the back wheels, seats, one armrest and the ashtray.
So when you buy a house, with a mortgage, is the house not yours?
I know the bank keep the deeds, but the house is "yours", or are you renting that too