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Author How many of you have sold your car to buy a house?
stubbsy05
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Registered: 23rd Oct 02
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15th Mar 06 at 19:51   View User's Profile U2U Member Reply With Quote

Either had to or chosen to?

I'm thinking of putting the Clio up for sale when I get paid, then getting a car for £1000-£1500. Was thinking of a post 97 Corsa Sport or a GSI.

I don't want to have to part with the Clio, but it would be better than debt I reckon.

ClaireF
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Registered: 1st Nov 05
Location: hurlford, scotland Drives: corsa again
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15th Mar 06 at 19:56   View User's Profile U2U Member Reply With Quote

i pay my debt of in april with next student loan as only have £300 left to pay. But then thinking of borrowing money to get new car sooner lol
John
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Registered: 30th Jun 03
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15th Mar 06 at 19:57   View User's Profile U2U Member Reply With Quote

lmao at paying debt of with a loan.
vibrio
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Registered: 28th Feb 01
Location: POAH
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15th Mar 06 at 19:57   View User's Profile U2U Member Reply With Quote

we saved kept both cars
skell
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Registered: 18th Sep 05
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15th Mar 06 at 20:07   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by vauxcorsagirl
i pay my debt of in april with next student loan as only have £300 left to pay. But then thinking of borrowing money to get new car sooner lol


MarkM
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Registered: 11th Apr 01
Location: Liverpool
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15th Mar 06 at 20:08   View User's Profile U2U Member Reply With Quote

I got rid of my MR2

Now have a 306 DTurbo
stuartmitchell
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Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
15th Mar 06 at 20:13   View User's Profile U2U Member Reply With Quote

I'm looking to upgrade my car when I buy my flat, may aswell do everything at once

Saving like buggery mind
stubbsy05
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Registered: 23rd Oct 02
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15th Mar 06 at 20:17   View User's Profile U2U Member Reply With Quote

I need to weight up things though!

My car at the moment Clio DCI

Worth £4800-£5000
MPG- Average 65mpg
Annual Tax- £85
INsurance Group- 5

A Corsa

Worth- £1500
MPG- Average 40mpg?
Annual Tax- £165
Insurance Group- 11

And I do about 20K a year
Carl
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Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline
15th Mar 06 at 20:24   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Alex.S
I need to weight up things though!

My car at the moment Clio DCI

Worth £4800-£5000
MPG- Average 65mpg
Annual Tax- £85
INsurance Group- 5

A Corsa

Worth- £1500
MPG- Average 40mpg?
Annual Tax- £165
Insurance Group- 11

And I do about 20K a year


Probably best off withwhat you have got, you are selling something but not actually saving anything in the long run.
Steve
Premium Member

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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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15th Mar 06 at 20:25   View Garage View User's Profile U2U Member Reply With Quote

i did exactly that , sold my 106 gti for a corsa gsi
Seasider
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Registered: 7th Feb 06
User status: Offline
15th Mar 06 at 20:28   View User's Profile U2U Member Reply With Quote

if your doing it for money get a 1.4 16v cheap tax and not to slow . Ive jus done the same got rid of all my debts much better car is just a car at the end of the day

[Edited on 15-03-2006 by Seasider]

[Edited on 15-03-2006 by Seasider]
Steve
Premium Member

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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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15th Mar 06 at 20:29   View Garage View User's Profile U2U Member Reply With Quote

get a 1l 12v
MarkM
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Registered: 11th Apr 01
Location: Liverpool
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15th Mar 06 at 20:34   View User's Profile U2U Member Reply With Quote

Get the bus
mav
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Registered: 19th Jun 01
Location: Scotland
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15th Mar 06 at 20:36   View User's Profile U2U Member Reply With Quote

don't understand why you would have to sell your car to buy a house??? have both...
Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
15th Mar 06 at 20:36   View User's Profile U2U Member Reply With Quote

think he might mean downgrade or somthing along those lines?
MarkM
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Registered: 11th Apr 01
Location: Liverpool
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15th Mar 06 at 20:42   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by mav
don't understand why you would have to sell your car to buy a house??? have both...


Downgrade to release a bit of equity in the car for a deposit etc

JadeM
Premium Member

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Registered: 9th Feb 06
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15th Mar 06 at 20:48   View Garage View User's Profile U2U Member Reply With Quote

Sold the scooby 10 months after buying the house - looking to buy a M3 next
Ian
Site Administrator

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Registered: 28th Aug 99
Location: Liverpool
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15th Mar 06 at 21:08   View Garage View User's Profile U2U Member Reply With Quote

I kept mine but refinanced it over a longer period to get the monthly down. Means I have to keep it for a while - good job I like it really
vibrio
Banned

Registered: 28th Feb 01
Location: POAH
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15th Mar 06 at 21:20   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by JadeM
Sold the scooby 10 months after buying the house - looking to buy a M3 next


surely posting under someone elses name is a banning offence kolin
JadeM
Premium Member

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Registered: 9th Feb 06
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15th Mar 06 at 21:22   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by vibrio
quote:
Originally posted by JadeM
Sold the scooby 10 months after buying the house - looking to buy a M3 next


surely posting under someone elses name is a banning offence kolin


Jade struck the Keys honest
AK
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Registered: 5th Jul 00
Location: Aberdeen City
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15th Mar 06 at 21:36   View User's Profile U2U Member Reply With Quote

hmmm...

nope.... but had that intention, just never got round to it.

I have the deposit saved up. Just need to be in the country long enough to sign the feckin mortgage. Fee just wangled it so i dont have to pay stamp duty thats 1.5k saved
Kerry
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Registered: 5th Oct 01
Location: Norwich
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15th Mar 06 at 21:42   View User's Profile U2U Member Reply With Quote

sold my house and bought a car
mav
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Registered: 19th Jun 01
Location: Scotland
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15th Mar 06 at 22:02   View User's Profile U2U Member Reply With Quote

save up for deposit or get a 100% mortgage, throwing them at 1st time buyers..
corsa120
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Registered: 4th May 02
Location: Northamptonshire
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15th Mar 06 at 22:30   View User's Profile U2U Member Reply With Quote

we kept cars and have saved approx 8k by june and lookin to buy over summer
Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
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15th Mar 06 at 22:36   View User's Profile U2U Member Reply With Quote

My car is staying to buy another house. Lets see how long i can keep it up

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