General > Random Chat
Loan or Finance?
Richn83:
--- Quote from: Jules86 on May 20, 2010, 10:22:36 am ---
--- Quote from: Alexander on May 20, 2010, 10:19:46 am ---I know what you mean Jules, I'm exactly the same, my car is the thing that I spend most of my time using and most of my other hobbies are free or very cheap so I might as well spend money on a car.
--- End quote ---
Exactly. i dont have kids and am training to be signed off for a role which will see me wage improve year on year, also the missus ahs given the go ahead and will pay the insurance :laugh:
--- End quote ---
She sounds like a keeper :laugh:
One thing that you might want to consider is that with some of the financing options the car isnt technically yours until you make the final payment (or the bubble thingy) it belongs to the finance company so you shouldnt really modify the car in any way. So if you plan to do some mods then an unsecured loan might be a better option.
And if you are likely to want to make additional payment (once you have the money) make sure there is no penalty for paying the loan off early plus a facility to make the additional payments as this will reduce the overall cost of the credit.
Nasir:
Not sure if it's relevant but Audi are giving 2 years free servicing on finance deals, but not cash deals :stupid:
Jules86:
I think its only on new mate but yeah i saw this. Do they move them around for you, so you dont have to travel?
GTIjames:
--- Quote from: Nasir on May 20, 2010, 11:18:02 am ---Not sure if it's relevant but Audi are giving 2 years free servicing on finance deals, but not cash deals :stupid:
--- End quote ---
they must make more money from finance deals, as bmw offered me a bigger discount on a new car if i purchased with finance rather than cash...
i looked into pcp but just seems like a complete waste of money.. you put down a deposit of say £4000 and then pay £800pcm for 3 years and at the end of it you have nothing to show for it... apart from the memories of driving an alright car for a few years.. :confused:
imo if you cant afford it dont drive it, especially with the current economic conditions as its going to get a lot tougher for us all over the next couple of years especially if you work in the public sector
Gene Hunt:
I got a small amount of finance for my GTI.Worked out cheaper than a personal loan for the amount i wanted. :happy2:
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version