P_young
Member
Registered: 19th Apr 06
Location: Kent
User status: Offline
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hey, i've just turned 18 and have found out that i can get a loan of up 2 £20,000 for a new or fairly new (Used) car but im not sure what car to get
Can any1 help???
thnks
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JadeM
Premium Member
Registered: 9th Feb 06
User status: Offline
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 Get some common sense & spend within your means
[Edited on 30-04-2006 by JadeM]
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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fuck that for a game of solitaire.
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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£20,000 at 18 you sure, how much do your earn, what company is that and whats the apr?
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P_young
Member
Registered: 19th Apr 06
Location: Kent
User status: Offline
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i own part of a car garage. 8.9%apr i think
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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why the hell would you blow 20k of the banks money on a car that will probably end up wrapped around a tree?? 
i would sod the loan off, save up for something like a bucket of a corsa and then gain your ncb aswell as driving skill/knowledge and common sense to handle anything more powerful
however, i would get a scooby STI import - then splash the rest of the cash on buying the fuel
[Edited on 30-04-2006 by Dom]
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broster
Premium Member
Registered: 6th Dec 02
Location: Drives: E39
User status: Offline
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do it man!
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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yeah well like people have said get some common sense, dont get a loan and if you really want to make sure its only a few grand as any more will be stupid imo.
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P_young
Member
Registered: 19th Apr 06
Location: Kent
User status: Offline
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i dnt wanna spend all of 20k. only a few grand on a car. im used 2 driving big performance engines as i've been driving em since i was 13 so can any1 suggest any cars??
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by P_young
i dnt wanna spend all of 20k. only a few grand on a car. im used 2 driving big performance engines as i've been driving em since i was 13 so can any1 suggest any cars??
like i said, STI scooby import - about 10k will get you something decent, shit off a stick quick and good all round cars. Just get used to the low mpg as some people here will say
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Born_corsa02
Member
Registered: 20th Dec 02
Location: Essex
User status: Offline
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Buy an e36 M3 for 6k spend another 6k on insurance put the other 8k by for your funeral costs
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Corsa E-Tec
Member
Registered: 4th Feb 04
Location: Stevenage Drives: Leon Cupra
User status: Offline
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if you've been driving cars since you where 13 i'm sure you would know what you want 
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Colin.S
Member
Registered: 19th Oct 02
User status: Offline
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quote:
Originally posted by P_young
i dnt wanna spend all of 20k. only a few grand on a car. im used 2 driving big performance engines as i've been driving em since i was 13 so can any1 suggest any cars??
If you've been driving big performance cars for the last 5 years you should have some sort of clue to what you want
At 18 i would say a small car with a small engine would be a good choice
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P_young
Member
Registered: 19th Apr 06
Location: Kent
User status: Offline
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ive seen alot of cars but none i really like any1 help?
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JM_16v
Member
Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
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im 18 got a sport 1.4 16v
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P_young
Member
Registered: 19th Apr 06
Location: Kent
User status: Offline
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thats wat i got at the moment but want something bigger n faster
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Ry_B
Banned
Registered: 1st Dec 05
Location: Solihull, W Mids Drives: 45BHP beast!
User status: Offline
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Don't do it mate, you'll end up regretting it.
My mate did this, borrowed nearly 15k for a new Fiesta ST at 19, bought TPFT insurance and then wrote it off 4 months later 
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abdus
Member
Registered: 23rd Feb 06
User status: Offline
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keep some money for your insurance too...LOL
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John
Member
Registered: 30th Jun 03
User status: Offline
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quote:
Originally posted by Rcb
Don't do it mate, you'll end up regretting it.
My mate did this, borrowed nearly 15k for a new Fiesta ST at 19, bought TPFT insurance and then wrote it off 4 months later
How did he manage that?
Do they not normally only let you get fully comp if the car is over 4k?
And what a fanny.
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CoastalCorsa
Member
Registered: 7th Jan 05
Location: Lancashire
User status: Offline
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£20 K HA what about use it for a deposit on a property an bum about in an xed nova or corsa let
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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you need to take into account a lot more than the speed of the vehicle, can you afford to run it petrol costs, can you afford insurance your not going to get something really fast for cheap insruance can you afford the repair bills and probally more importantly are you mature enough for a fast powerfull car.
then address the points of how old do you want it to be, size, bothered about petrol consumption.
you would be best off getting something like a 106 raylle, starlet gt, corsa gsi, 106 gti, civic vti something like that as you will probs end up writing it off any way.
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