Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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I think this has been discussed before on here, but I have failed to find the old thread.
Anyway, just a passing thought of mine - what percentage of your salary would you spend on buying a car?
What percentage do you guys think is a reasonable amount?
Discuss your answer 
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aron
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Registered: 10th May 07
Location: Ware, Hertfordshire
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i did a thread on this a while back, but since then i've sold lots of bits lol
as my car currently stands i've spent about £1800 on it, and i paid £2000 for it 3 years ago
here's that thread, pretty interesting to read  http://corsasport.co.uk/board/viewthread.php?tid=484839
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Graham88
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Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
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Would depend on the car really, I'd stretch myself if need be. I sit comfortably on my car with my salary rather than being stretched
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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I'd only spend what I can afford. Never finance, or a loan of any sort. If I can't buy it out right, I won't have it. Apart from a house of course.
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Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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quote:
Originally posted by P1CK4D
Apart from a house of course.
I've always said the same, but recently knowing I'm away to start working and I will be needing a reliable car so was thinking about loans etc.
Corsa is off the road almost every weekend getting worked on, just don't know how long it's going to be for this world 
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Anty
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Registered: 19th Mar 08
Location: droitwich
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2k..lol
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Ellis
quote:
Originally posted by P1CK4D
Apart from a house of course.
I've always said the same, but recently knowing I'm away to start working and I will be needing a reliable car so was thinking about loans etc.
Corsa is off the road almost every weekend getting worked on, just don't know how long it's going to be for this world
Why would you have to spend a large some for a reliable car? I bought a 1ltr Polo for £100. I never spent a penny on it and it lasted me a year. I had a Rover coupe recently, again, not a penny spent and lasted me with no problems what so ever and that was only £400. My statement stlil applies. If I can't afford it, I won't have it, unless its a house of course.
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AndyKent
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Registered: 3rd Sep 05
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The only time I would buy a car on finance would be a brand new one, if I was buying used I'd always do it with my own cash.
As for how much, it would depend on the car, but I don't think it would bother me to pay 50% of a years salary on a car as I know I would keep it for a good few years.
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Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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Yeah, you've made a good point there - I can't believe I never really thought about just buying a rammer from the paper or something...
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Ellis
Yeah, you've made a good point there - I can't believe I never really thought about just buying a rammer from the paper or something...
Its all about buying a shitter for peanuts. Don't have to care, and if it lasts you longer than a couple of months your laughing. If it goes majorly wrong, ermm.. Bothered.
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Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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Yeah - I think I might do that, even if it's only got 6 months test on it
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aron
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Registered: 10th May 07
Location: Ware, Hertfordshire
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for most people, their car represents how successful they are...
i don't 'buy' into this notion because anyone can get finance on a new motor, but i can see why it might be seen as 'impressive' to be driving a nice (new) car...
much more to life than having a nice car in my opinion
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Ellis
Yeah - I think I might do that, even if it's only got 6 months test on it
Exactly. I was quite suprised when the H reg Polo past its MOT as well. Probably one of the best cars ive owned.
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Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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There is also the slim chance I could eventually keep up with the problems with the Corsa
I've seen cars for £50 that run better than mine some days 
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gavin18787
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Registered: 22nd Feb 05
Location: Basildon, Essex
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quote:
Originally posted by P1CK4D
I'd only spend what I can afford. Never finance, or a loan of any sort. If I can't buy it out right, I won't have it. Apart from a house of course.
Yer +1
Drives supercharged Tec with torque  
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Ellis
There is also the slim chance I could eventually keep up with the problems with the Corsa
I've seen cars for £50 that run better than mine some days
I know the feeling all to well mate. Its an enjoyment knowing you can jump in the car and it will work day in, day out.
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gavin18787
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Registered: 22nd Feb 05
Location: Basildon, Essex
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quote:
Originally posted by P1CK4D
quote:
Originally posted by Ellis
There is also the slim chance I could eventually keep up with the problems with the Corsa
I've seen cars for £50 that run better than mine some days
I know the feeling all to well mate. Its an enjoyment knowing you can jump in the car and it will work day in, day out.
I miss that feeling 
Drives supercharged Tec with torque
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Ellis
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Registered: 11th Sep 07
Location: Aberdeenshire
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Ever since the XE has gone in I've had trouble, perhaps just 'teething problems' which will eventually calm down.
Lost trust in it, don't want to go far encase she breaks down
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by gavin18787
quote:
Originally posted by P1CK4D
quote:
Originally posted by Ellis
There is also the slim chance I could eventually keep up with the problems with the Corsa
I've seen cars for £50 that run better than mine some days
I know the feeling all to well mate. Its an enjoyment knowing you can jump in the car and it will work day in, day out.
I miss that feeling
Touch wood, Ive had that feeling since taking my new ownership
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gavin18787
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Registered: 22nd Feb 05
Location: Basildon, Essex
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I feel we have swapped
Drives supercharged Tec with torque
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Ellis
Ever since the XE has gone in I've had trouble, perhaps just 'teething problems' which will eventually calm down.
Lost trust in it, don't want to go far encase she breaks down
Im glad others are feeling my pain. Not ment in a harsh way though. Mine went on for a year before I gave up 
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by gavin18787
I feel we have swapped
I feel you should get another Honda. Or join the German side
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kz
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Registered: 9th Aug 02
Location: Southend, Essex Drives: Mini Cooper S
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Interesting you should bring this up. I bought my Clio 182 for £6k which was 37.5% of my annual salary, felt good at the time, but after a while I realised I'd spent too much and it just wasn't worth it. So sold that and decided to limit myself to 10% of my salary... ended up spending exactly half that £800. 5% of your salary ftw!
Although I tend to put 10% of my wages aside each month for mods too
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Nic Barnes
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Registered: 5th Apr 04
Location: nowhere near ginger people
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id spend 400% of my yearly wage if my bank would let me.
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dan-sport
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Registered: 9th Oct 07
Location: Bushbury, West Midlands
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i spend every penny avalible on my cars but im just stupid lol
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