Agreed with Sooty, aint no mug here £3600 over 36 months at £100 a month.
0% Finance with Vaux :D

How is getting a loan a mugs game? FFS im never going to be able to save cash for a car.... I got a loan for my first 106... paid it off when I sold it... and got another for the 2nd 106.. which im paying 120 a month back over 3 years... no doubt next time will be a bigger loan for a better car...

Never going to have a decent car without some form of debt

I have nothing outstanding at all,

however i think i may get a loan soon,

Who is the best around atm?

Cahoot

£10,000 over 3 Years

Paying £305 a month at 5.4% APR

for my vectra btw

loan of 5000

£226 a month for two years, rate of 5.9%

nuthin now..

But wouldn't think twice about taking a loan out again for a car..

Not a mugs game imho opinion..Not many ppl can afford to go out and pay x amounts of thousands for a car..and pay it all off..

Nuthin wrong with loans....as long as your sensible and get a no bad deal..

How the world go's round for the majority of ppl...

better with a good rate loan than finance at a high rate...


[Edited on 30-08-2004 by mav]

242 a month over 3 yrs. benefit of bein a partner with GMAC

Per month - £134
Total Price - £4824 Loan
£3300 Deposit
0 % APR

On occasion it can be worthwhile taking finance on a car but in the majority of cases its just not wise.

i.e. 0% finance should always be taken, even if you can afford to pay cash. Leave it in the bank, save 4.5% on the cost of the car.

In fact, anything less than the rate of interest offered on a savings account is worth taking.

Also, cars with no depreciation, desirable cars etc can be safe bets. 911 GT3 RS for example, take out finance, drive it for 6 months then sell it on at a list premium to cover the finance.

quote:

---

Originally posted by fadscorsa

quote:

---

Originally posted by sassyminx
0
0

wudnt ever get into debt for a car

---

:lol: not even with your demon car

---

0
0

Didn't think a car was worth getting into debt over at my age:|

quote:

---

Originally posted by sassyminx
0
0

wudnt ever get into debt for a car

---

0
0

wudnt ever get into debt for a car

used to have 5K on the corsa over four years

paid 140 monthly
think i paid back nearly 7500 :(

poxy vaux finance :(

0
0

mugs game

Tesco's

8K pay back £224 for 4 years think it's just under 10K i pay back.

quote:

---

Originally posted by cheakycharlie
Loan of 8400 paying back 9300 over three years at £258 atm..

but its killing my bank balance on the 1st of every month day after i get paid so may increase it

---

Loan of 8400 paying back 9300 over three years at £258 atm..

but its killing my bank balance on the 1st of every month day after i get paid so may increase it

i h8 fcuking loands dodge credit like the plague

loan of 7500 over 5 years, 140 a month pay back 8400.

0
0

How much do you pay per month on your loans / finance on your cars ?

Per month - ........?
Total Price - ........?