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Author Personal Contract Hire
makincorsac
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Registered: 13th Jul 11
Location: (•͡_ •͡┌П┐
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23rd Sep 11 at 12:12   View User's Profile U2U Member Reply With Quote

i dont think your allowed to modify em tho
Brett
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Registered: 16th Dec 02
Location: Manchester
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23rd Sep 11 at 12:18   View Garage View User's Profile U2U Member Reply With Quote

In reality you could do what the hell you liked as long as you returned it to standard when you handed it back, how would they know otherwise? People stick private plates on them too, so it can't be that strict.
A2H GO
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Registered: 14th Sep 04
Location: Stoke
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23rd Sep 11 at 12:19   View User's Profile U2U Member Reply With Quote

Seems good but you just end up going all you life never actually owning a car and paying monthly for something to give it back.

If you keep the car a bit longer and have proper finance after a few years and cars you'll eventually end up owning a £10-15k+ car that you dont have to pay every month for.
A2H GO
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Location: Stoke
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23rd Sep 11 at 12:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Brett
In reality you could do what the hell you liked as long as you returned it to standard when you handed it back, how would they know otherwise? People stick private plates on them too, so it can't be that strict.


Apart from putting it back to standard everytime it breaks for the warranty.
Ben G
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Registered: 12th Jan 07
Location: Essex
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23rd Sep 11 at 12:30   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
Seems good but you just end up going all you life never actually owning a car and paying monthly for something to give it back.

If you keep the car a bit longer and have proper finance after a few years and cars you'll eventually end up owning a £10-15k+ car that you dont have to pay every month for.


so the same as renting then? plenty of people do that.

with regards to the car breaking. mine only ''broke'' once and that was when i smashed the abs sensor with a hammer after lowering it. fixed itself though.
Brett
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Registered: 16th Dec 02
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23rd Sep 11 at 12:36   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
Apart from putting it back to standard everytime it breaks for the warranty.

Well yeah I s'pose. Depends on what you were planning on doing really. My kind of mods are remaps, etc. things that aren't blatantly obvious. I suppose if you were going to stick a cherry bomb exhaust on there then yes, you'd have to remove it if something went wrong.
mwg
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Registered: 19th Feb 04
Location: South Lakes
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23rd Sep 11 at 12:36   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
Seems good but you just end up going all you life never actually owning a car and paying monthly for something to give it back.

If you keep the car a bit longer and have proper finance after a few years and cars you'll eventually end up owning a £10-15k+ car that you dont have to pay every month for.


But unless you go for a cheaper car you'll only end up having to put more money in towards getting a new one when you do swap anyway? It's not like a house that you can make money on then put towards getting a better one next time.

Swings and roundabouts, do what ever you're more comfortable with!
Ben G
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Registered: 12th Jan 07
Location: Essex
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23rd Sep 11 at 12:41   View User's Profile U2U Member Reply With Quote

also my puma cost me £2000 when i bought it. it cost me £290 to fix when it broke, then gearbox gave up which would've cost me another £200.

so thats £2490.

it lasted 18 months.

2490/18=£138 a month to just keep on the road, not including tax, mot, insurance, servicing, petrol.

fiestas is £132 a month over 2 years, free road tax in first year, nothing to pay for if it goes wrong.

so that works out well.
whitter45
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Registered: 15th Nov 02
Location: Norton
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23rd Sep 11 at 13:11   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by A2H GO
Seems good but you just end up going all you life never actually owning a car and paying monthly for something to give it back.

If you keep the car a bit longer and have proper finance after a few years and cars you'll eventually end up owning a £10-15k+ car that you dont have to pay every month for.


erm don't people do that who rent houses for their entire life

It totally depends on what you want out of life and how you see a car
Corsa_Sport21
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Registered: 13th Apr 08
Location: Leven, Fife. Drives : 205 GTi
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23rd Sep 11 at 13:16   View User's Profile U2U Member Reply With Quote

I just think that people who do this sort of thing are the people who like to give off the impression they have lots of money by driving about in a brand new car etc.

When in reality, its not really there car.
whitter45
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Registered: 15th Nov 02
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23rd Sep 11 at 13:27   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Corsa_Sport21
I just think that people who do this sort of thing are the people who like to give off the impression they have lots of money by driving about in a brand new car etc.

When in reality, its not really there car.


some maybe - others see as a way of financing a car

What about people who lend 15k to buy a car??
Corsa_Sport21
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Registered: 13th Apr 08
Location: Leven, Fife. Drives : 205 GTi
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23rd Sep 11 at 13:33   View User's Profile U2U Member Reply With Quote

The people who lend £15k to buy a car will pay off the £15k and more than likely have something to show for it at the end.
3CorsaMeal
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Registered: 11th Apr 02
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23rd Sep 11 at 13:37   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Ben G

works well for me. no worrying about stuff going wrong and having to pay for it.

.


thats where i disagree, people are paying thousands a year to avoid something that probably only costs hundreds

i'd rather something goes wrong and replace it with brand new uprated stuff, now thats piece of mind.

but i don't have to pay labour costs etc

each to their own
John
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Registered: 30th Jun 03
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23rd Sep 11 at 13:37   View User's Profile U2U Member Reply With Quote

People borrow 15k to buy a car, why would they be lending it when they could use that instead of borrowing another 15k
3CorsaMeal
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Registered: 11th Apr 02
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23rd Sep 11 at 13:38   View User's Profile U2U Member Reply With Quote

"borrow me a fiver mate"


idiots

3CorsaMeal
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Registered: 11th Apr 02
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23rd Sep 11 at 13:39   View User's Profile U2U Member Reply With Quote

"i've got an itch"

"well itch it then"

idiots
whitter45
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Registered: 15th Nov 02
Location: Norton
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23rd Sep 11 at 13:39   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Corsa_Sport21
The people who lend £15k to buy a car will pay off the £15k and more than likely have something to show for it at the end.


but you can do the same on PCP?

at sometimes APR is cheaper on PCP than a bank loan so it would work out cheaper rather than taking a bank loan

[Edited on 23-09-2011 by whitter45]
A2H GO
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Registered: 14th Sep 04
Location: Stoke
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23rd Sep 11 at 14:07   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by whitter45
quote:
Originally posted by A2H GO
Seems good but you just end up going all you life never actually owning a car and paying monthly for something to give it back.

If you keep the car a bit longer and have proper finance after a few years and cars you'll eventually end up owning a £10-15k+ car that you dont have to pay every month for.


erm don't people do that who rent houses for their entire life

It totally depends on what you want out of life and how you see a car


I just think you save a bit and get a grand together, buy a 2k car and have a grand loan. After two years, sell the car for £1500 and put that into a £5k car, financing the rest.

After another 2-3 years sell that for £3500 and put that into a £8-9k car and so on. 10 years later youve got a £15k car that you don't owe anything on.

Long term, surely if youe HAVE to borrow money, thats better than renting and paying £250 a month for the rest of your life?

[Edited on 23-09-2011 by A2H GO]
Ingham
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Registered: 9th May 08
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23rd Sep 11 at 16:54   View User's Profile U2U Member Reply With Quote

3CM that fucks me off as well
Brett
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Registered: 16th Dec 02
Location: Manchester
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23rd Sep 11 at 17:03   View Garage View User's Profile U2U Member Reply With Quote

It seems some people really miss the point.
A2H GO
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Registered: 14th Sep 04
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23rd Sep 11 at 17:08   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Brett
quote:
Originally posted by A2H GO
Apart from putting it back to standard everytime it breaks for the warranty.

Well yeah I s'pose. Depends on what you were planning on doing really. My kind of mods are remaps, etc. things that aren't blatantly obvious. I suppose if you were going to stick a cherry bomb exhaust on there then yes, you'd have to remove it if something went wrong.


They'd see a remap too.
Jambo
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Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
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23rd Sep 11 at 17:12   View User's Profile U2U Member Reply With Quote

The whole don't own it thing is just as bad as saying built not bought IMO.
3CorsaMeal
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Registered: 11th Apr 02
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23rd Sep 11 at 17:14   View User's Profile U2U Member Reply With Quote

Ill have a pay as you go car some day, just not for me at the moment
Jambo
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Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
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23rd Sep 11 at 17:15   View User's Profile U2U Member Reply With Quote

Plus I'm sure you have to tax the first year? Unless it's some promo.

As Ed says it's financing the depreciation on a depreciating asset. I spent £15k on my BMW and saw my money dwindle away whilst not getting me any benefits. I'd never buy a car outright that's more than £7k again, its a waste of cash. You will have it a long time, finance it. IMO.
Ian
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Registered: 28th Aug 99
Location: Liverpool
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23rd Sep 11 at 17:22   View Garage View User's Profile U2U Member Reply With Quote

This thread needs more maths. That's all it is.

And wanting a car that smells nice.

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