Dav
Member
Registered: 23rd Jul 02
Location: Falkirk, Scotland
User status: Offline
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quote:
Originally posted by Ben
never owed fuck all , i work and buy what i can afford with that
if i dont have the money i just dont buy it, whats hard about that?
Me neither. If I don't physically have the money in my pocket then I don't buy things. However when I do have the money in my pocket it burns a hole!  I've never even had an overdraft to go into tbh!
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Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
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Yes im like that, but now try and stay in credit and I also wanna pay off my loan 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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I don't care if the bank have paid for something for me, total cost of the purchase is more important. If your debts are in the right place, then this is not much larger than the price to buy outright, plus you get it sooner.
I personally could not see the point of saving hundreds per month to put 20k in a car which will lose half its value in two years anyway. May as well have the thing now and work towards fighting the depreciation by paying as little in as possible and breaking even when you want to sell it.
If the rate is low, the figures are similar. If the rate is zero, the figures are identical. The only difference I can see is that my car is currently on the path.
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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Wooo getting a £921 bonus this month for doing, well nothing, all i've done to earn that is turn up for work 
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Ben
Banned
Registered: 12th Jan 03
Location: West Yorkshire
User status: Offline
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quote:
Originally posted by Ian
I don't care if the bank have paid for something for me, total cost of the purchase is more important. If your debts are in the right place, then this is not much larger than the price to buy outright, plus you get it sooner.
I personally could not see the point of saving hundreds per month to put 20k in a car which will lose half its value in two years anyway. May as well have the thing now and work towards fighting the depreciation by paying as little in as possible and breaking even when you want to sell it.
If the rate is low, the figures are similar. If the rate is zero, the figures are identical. The only difference I can see is that my car is currently on the path.
load of bollocks
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Nath
Member
Registered: 3rd Apr 02
Location: MK
User status: Offline
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I'm in debt, builds credit history.
My debt is by no means out of control. Debt is over hyped.
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Jodi_the_g
Member
Registered: 7th Aug 01
Location: Washington D.C
User status: Offline
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quote:
Originally posted by Ben
quote:
Originally posted by Ian
I don't care if the bank have paid for something for me, total cost of the purchase is more important. If your debts are in the right place, then this is not much larger than the price to buy outright, plus you get it sooner.
I personally could not see the point of saving hundreds per month to put 20k in a car which will lose half its value in two years anyway. May as well have the thing now and work towards fighting the depreciation by paying as little in as possible and breaking even when you want to sell it.
If the rate is low, the figures are similar. If the rate is zero, the figures are identical. The only difference I can see is that my car is currently on the path.
load of bollocks
Why 0% Finace is techinally saving for it anyway never costs you anymore.
[Edited on 12-01-2006 by Jodi_the_g]
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