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Author Anyone take out loans on Cars?
Colin
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Registered: 4th Apr 02
User status: Offline
22nd Jan 10 at 20:12   View User's Profile U2U Member Reply With Quote
Cant you sell the BMW & Audi & get something new or do you have no cash in them?

If you've got so much to pay for just now & a baby on the way I do not think you should be taking on any more credit!!
Ash_EP3
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Registered: 15th May 07
Location: Melksham, Wiltshire
User status: Offline
22nd Jan 10 at 20:58   View User's Profile U2U Member Reply With Quote
I took out £8k for my civic, got way too impatient and only saved a few hundred quid which went on fuel and insurance!!!!

I pay £200 exactly for 4 years... I end up paying back £9600 I think so £400 a year extra
Whittie
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Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
22nd Jan 10 at 20:59   View User's Profile U2U Member Reply With Quote
On a plus side ash, it's an awesome way of building up a decent credit history towards a mortgage.... when you're ready that is.
Graham88
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Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
22nd Jan 10 at 21:13   View User's Profile U2U Member Reply With Quote
I'm getting 8k over 2 years, no way would I consider 12k, what is the interest on that? Must be insane
Ash_EP3
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Registered: 15th May 07
Location: Melksham, Wiltshire
User status: Offline
22nd Jan 10 at 21:16   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Whittie
On a plus side ash, it's an awesome way of building up a decent credit history towards a mortgage.... when you're ready that is.


That was part of the plan mate - plus I wanted a nice car
fir3vip3r
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Registered: 14th Jun 06
Location: Stevenage, Hertfordshire
User status: Offline
22nd Jan 10 at 21:30   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Ash_EP3
I took out £8k for my civic, got way too impatient and only saved a few hundred quid which went on fuel and insurance!!!!

I pay £200 exactly for 4 years... I end up paying back £9600 I think so £400 a year extra


as whittie said, and £400 a year aint exactly much.

Bart
Member
Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
22nd Jan 10 at 22:35   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Colin
Cant you sell the BMW & Audi & get something new or do you have no cash in them?


Probably £3-£4k in the bmw and 8-10 in the TT.
But we do need our own cars.

quote:
Originally posted by Ash_EP3
I pay £200 exactly for 4 years... I end up paying back £9600 I think so £400 a year extra


That isnt too bad.
As I last posted, now looking at 5.5-6k for loan (+selling mine privately), I think I could get 6k for 4 years. thats not so bad.

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