IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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so i got a loan and bought a clio, didnt like it! sold the clio payed off the loan, bought a corsa,
although its nice having to debt, im planning on putting money away each week for mods then onto saving for a new car!
but ive seen a car i'd really like and im tempted to get back into debt for it
talk me into our out of it 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
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Depends what it is and whether you're going to like it.
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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signum v6
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
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I'm seriously considering debt for either a silly blackpool rocket, or a mental bike  If it tickles your fancy, go for it!
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Colin
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Registered: 4th Apr 02
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A bit of dept's ok so long as its managable and sensible (i.e not for the full amount).
Modding a car is probably more foolish imo. Dead money!!
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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quote:
Originally posted by Colin
A bit of dept's ok so long as its managable and sensible (i.e not for the full amount).
Modding a car is probably more foolish imo. Dead money!!
thats what im thinking colin. say i spend 1.5k modding the corsa (probably be more) its not gonna increase the value
i can have the full amount saved in 2 years if i really want to
so if i get a loan say 5 years term
means i can mae the payments and still save a bit. get it paid off early. and the money saved from modding the corsa will be about the rate of interest
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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quote:
Originally posted by Eck
I'm seriously considering debt for either a silly blackpool rocket, or a mental bike If it tickles your fancy, go for it!
whats a blackpool rocket?
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ed
Member
Registered: 10th Sep 03
User status: Offline
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A TVR 
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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ah right
tvr sagaris in red oooooooh yes
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by IvIarkgraham
quote:
Originally posted by Colin
A bit of dept's ok so long as its managable and sensible (i.e not for the full amount).
Modding a car is probably more foolish imo. Dead money!!
thats what im thinking colin. say i spend 1.5k modding the corsa (probably be more) its not gonna increase the value
i can have the full amount saved in 2 years if i really want to
so if i get a loan say 5 years term
means i can mae the payments and still save a bit. get it paid off early. and the money saved from modding the corsa will be about the rate of interest
Dont think about it too much or try to talk yourself round.
Work out what you can afford a month & stick to it. Persoanlly I wouldnt take more than 50% of the value and not over more than 3-4yrs max.
Dont worry about the interest yur paying, think of it as if you wernt paying a car loan you'd only be out pissing it against a wall anyway. aim to pay 10% apr max & dont let them confuse you over flat rate & APR.
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
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quote:
Originally posted by ed
A TVR
But nae Sagaris or any new nonsense, Cerbera 4.5/Red Rose will do me fine thank you 
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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I wouldnt buy a TVR unless I had another 10k stashed for when it brakes down in epic proportion...i.e. spits its engine onto the road!!
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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quote:
Originally posted by Colin
quote:
Originally posted by IvIarkgraham
quote:
Originally posted by Colin
A bit of dept's ok so long as its managable and sensible (i.e not for the full amount).
Modding a car is probably more foolish imo. Dead money!!
thats what im thinking colin. say i spend 1.5k modding the corsa (probably be more) its not gonna increase the value
i can have the full amount saved in 2 years if i really want to
so if i get a loan say 5 years term
means i can mae the payments and still save a bit. get it paid off early. and the money saved from modding the corsa will be about the rate of interest
Dont think about it too much or try to talk yourself round.
Work out what you can afford a month & stick to it. Persoanlly I wouldnt take more than 50% of the value and not over more than 3-4yrs max.
Dont worry about the interest yur paying, think of it as if you wernt paying a car loan you'd only be out pissing it against a wall anyway. aim to pay 10% apr max & dont let them confuse you over flat rate & APR.
i'd be getting the full amount if i got one
then sell my corsa and either pay that amount off or keep it until i can pay it all of at once
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
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The 4.5's aren't as renowned for falling to bits constantly, but tbh, that wouldn't really phase me. It's all part of the package  What other car for £8k will get you to 60 in under 4 seconds too?
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by Eck
The 4.5's aren't as renowned for falling to bits constantly, but tbh, that wouldn't really phase me. It's all part of the package What other car for £8k will get you to 60 in under 4 seconds too?
What kind of mileage has it got for 8k?
I'd stay well clear!!
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
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30,000  They're cheap these days
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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quote:
Originally posted by Eck
The 4.5's aren't as renowned for falling to bits constantly, but tbh, that wouldn't really phase me. It's all part of the package What other car for £8k will get you to 60 in under 4 seconds too?
usain bolt
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by IvIarkgraham
i'd be getting the full amount if i got one
then sell my corsa and either pay that amount off or keep it until i can pay it all of at once
I wouldnt, especially over 5yrs!! You'll get bored of it in 2.5yrs then find you owe £££'s more than its worth.
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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it will be paid off by then.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by Eck
30,000 They're cheap these days
Cheap for a reason?
I dunno....I just see it all ending in tears.
I just think the running costs wouuld be horrendous and it would be laid up off the road half the time!!
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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What are you looking at anyway??
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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signum v6
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Oh yeah saiys at the top of the page doesnt it. 2.44am tbh
I dont know much about them, didnt they do a VXR version?
[Edited on 31-08-2009 by Colin]
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IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Online
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no they didnt.
its the diseasle version i'd be getting
3.0 v6 cdti - the one ive seen has 19's too
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Hmmm bit odd looking at the back......fronts very astra. Think i'd prefer an astra like what kano got....
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