Am I being stupid?
Discussion
Without wishing to get drawn in here's my succint response.
Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to s
tcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.
You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
ETA: As a house-owner, insurance on my 911 was ~£600 fully comp. My 370Z is just shy of £500.
Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to s
tcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
ETA: As a house-owner, insurance on my 911 was ~£600 fully comp. My 370Z is just shy of £500.
sebhaque said:
Without wishing to get drawn in here's my succint response.
Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to stcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.
You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
Right, I'll say this first as its important:Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to s
tcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
You dont get your young years back Give me my fun filled early 20's over mortgage payments, massive loans, home insurance and all the other adult strife any day.
Come on, don't get stressed Sebhaque. I'm sorry you feel that we are patronising you mate, that's not my intent, just an opinion that I'd imagine most will share.
This is a car forum. Your advice holds weight, but not much here. You're asking this guy to give up on nice things (in this case cars) He's not exactly getting a £50k loan for a brand new sports car. its £5k...
HE IS YOUNG, YOU'RE SUPPOSED TO HAVE FUN WHEN YOU ARE YOUNG!! Not when you are 50, no one cares what flash car you buy then, you'll probably have no friends, maybe due to the following things.
The majority I know who got a mortgage young:...
1.) Never came out on this piss. Mortgage payments too high.
2.) Couldn't afford to have kids. Mortgage payments too high.
3.) Drove around in an unreliable s
t heap, Couldn't afford better. Mortgage payments too high.4.) Rarely see their friends as cant afford the petrol. Mortgage payments too high.
Now I went out on the piss, saw my friends and drove flash cars when I was young. And now I'm getting a mortgage, and guess what? The people who got a mortgage a few years back are in no better place than me, worse in fact, as they dont have some amazing fun memories. So ill have a few more years to pay the mortgage off, so what?
This isn't the 80's or 90's where you get a house, get married, have kids, live happily ever after. In this age most people are renting when they have their first kid, and will get a house later. Seems to work fine for them.
As for you HenryBee, buy a Car, enjoy it Lad
Its only £5k. In the future you will see that for what it really is. Edited by Pebbles167 on Monday 21st April 02:10
Pebbles167 said:
Right, I'll say this first as its important:
You wont get your young years back Give me my fun filled early 20's over mortgage payments, massive loans, home insurance and all the other adult strife any day.
Come on, don't get stressed. This is a car forum. Your advice holds weight, but not much here. You're asking this guy to give up on nice things (in this case cars) He's not exactly getting a £50k loan for a brand new sports car. its £5k...
HE IS YOUNG, YOU'RE SUPPOSED TO HAVE FUN WHEN YOU ARE YOUNG!! Not when you are 50, no one cares what flash car you buy then, you'll probably have no friends, maybe due to the following things.
The majority I know who got a mortgage young:...
1.) Never came out on this piss. Mortgage payments too high.
2.) Couldn't afford to have kids. Mortgage payments too high.
3.) Drove around in an unreliable st heap, Couldn't afford better. Mortgage payments too high.
4.) Rarely see their friends as cant afford the petrol. Mortgage payments too high.
Now I went out on the piss, saw my friends and drove flash cars when I was young. And now I'm getting a mortgage, and guess what? The people who got a mortgage a few years back are in no better place than me, worse in fact. So ill have a few more years to pay the mortgage off, so what?
This isn't the 80's or 90's where you get a house, get married, have kids, live happily ever after. In this age most people are renting when they have their first kid, and will get a house later.
Buy a Car mate, and enjoy it Its only £5l
I've had a mortgage for four years now. You wont get your young years back Give me my fun filled early 20's over mortgage payments, massive loans, home insurance and all the other adult strife any day.
Come on, don't get stressed. This is a car forum. Your advice holds weight, but not much here. You're asking this guy to give up on nice things (in this case cars) He's not exactly getting a £50k loan for a brand new sports car. its £5k...
HE IS YOUNG, YOU'RE SUPPOSED TO HAVE FUN WHEN YOU ARE YOUNG!! Not when you are 50, no one cares what flash car you buy then, you'll probably have no friends, maybe due to the following things.
The majority I know who got a mortgage young:...
1.) Never came out on this piss. Mortgage payments too high.
2.) Couldn't afford to have kids. Mortgage payments too high.
3.) Drove around in an unreliable s
t heap, Couldn't afford better. Mortgage payments too high.4.) Rarely see their friends as cant afford the petrol. Mortgage payments too high.
Now I went out on the piss, saw my friends and drove flash cars when I was young. And now I'm getting a mortgage, and guess what? The people who got a mortgage a few years back are in no better place than me, worse in fact. So ill have a few more years to pay the mortgage off, so what?
This isn't the 80's or 90's where you get a house, get married, have kids, live happily ever after. In this age most people are renting when they have their first kid, and will get a house later.
Buy a Car mate, and enjoy it
Its only £5l 1. Always went out on the piss. Even tonight.
2. Not at that stage yet. I'll defer to you.
3. While I own last week's PH SOTW, I would like to think that my 370Z is one of the better examples, my Corsa has never gone wrong in the many years I've had it and my Mini is being rebuilt not to break down.
4. The only friends I tend not to see are overseas friends and those who live silly miles away or tend to travel too much.
I'm not entirely sure why you're so against my advice of just buying a house and enjoying the money-saving that comes with it. While I wasn't even born in the 80s and certainly had no house-buying motives in the 90s (I was 9 at the end of the decade FFS) I'm struggling to fathom how I'm somehow in the negative for wanting to buy a house and enjoy my cars afterward.
I feel like this is a typical PH roundabout argument but I completely agree that TC should buy himself a proper car if he can afford it in a few years - not now, not tomorrow, but in 2/3 years when he wants a change. Has he paid his car off/become comfortable, or will he be spending money towards a finance agreement?
It is extremely late (I only just got back home a few hours back from a holiday) but feel free to leave me a few points that I can pick up in the morning. I'm actually enjoying this discussion - as I'm sure my PH buddies will know, I'm rather stubborn and like to justify my point(s) where possible.
Have a good night.
OP asks how to spend £5k on a car, is told not to...
What happened to PH?
If you're getting a car, OP, make a decent budget for running costs (fuel, repairs, insurance, tyres, tax was the cash list in order of magnitude for the hot hatch I bought at 21) then add 50% for contingencies if French, then see where you are.
We shouldn't be judging your circumstances or telling you what to spend your car fund on, we should be helping you spend it. You're clearly not a total eejit (or mummy and daddy will look after you) if you're looking at £5k motors
I'd throw a Civic Type R into the mix.
What happened to PH?
If you're getting a car, OP, make a decent budget for running costs (fuel, repairs, insurance, tyres, tax was the cash list in order of magnitude for the hot hatch I bought at 21) then add 50% for contingencies if French, then see where you are.
We shouldn't be judging your circumstances or telling you what to spend your car fund on, we should be helping you spend it. You're clearly not a total eejit (or mummy and daddy will look after you) if you're looking at £5k motors
I'd throw a Civic Type R into the mix.
sebhaque said:
Pebbles167 said:
Right, I'll say this first as its important:
You wont get your young years back Give me my fun filled early 20's over mortgage payments, massive loans, home insurance and all the other adult strife any day.
Come on, don't get stressed. This is a car forum. Your advice holds weight, but not much here. You're asking this guy to give up on nice things (in this case cars) He's not exactly getting a £50k loan for a brand new sports car. its £5k...
HE IS YOUNG, YOU'RE SUPPOSED TO HAVE FUN WHEN YOU ARE YOUNG!! Not when you are 50, no one cares what flash car you buy then, you'll probably have no friends, maybe due to the following things.
The majority I know who got a mortgage young:...
1.) Never came out on this piss. Mortgage payments too high.
2.) Couldn't afford to have kids. Mortgage payments too high.
3.) Drove around in an unreliable st heap, Couldn't afford better. Mortgage payments too high.
4.) Rarely see their friends as cant afford the petrol. Mortgage payments too high.
Now I went out on the piss, saw my friends and drove flash cars when I was young. And now I'm getting a mortgage, and guess what? The people who got a mortgage a few years back are in no better place than me, worse in fact. So ill have a few more years to pay the mortgage off, so what?
This isn't the 80's or 90's where you get a house, get married, have kids, live happily ever after. In this age most people are renting when they have their first kid, and will get a house later.
Buy a Car mate, and enjoy it Its only £5l
I've had a mortgage for four years now. You wont get your young years back Give me my fun filled early 20's over mortgage payments, massive loans, home insurance and all the other adult strife any day.
Come on, don't get stressed. This is a car forum. Your advice holds weight, but not much here. You're asking this guy to give up on nice things (in this case cars) He's not exactly getting a £50k loan for a brand new sports car. its £5k...
HE IS YOUNG, YOU'RE SUPPOSED TO HAVE FUN WHEN YOU ARE YOUNG!! Not when you are 50, no one cares what flash car you buy then, you'll probably have no friends, maybe due to the following things.
The majority I know who got a mortgage young:...
1.) Never came out on this piss. Mortgage payments too high.
2.) Couldn't afford to have kids. Mortgage payments too high.
3.) Drove around in an unreliable s
t heap, Couldn't afford better. Mortgage payments too high.4.) Rarely see their friends as cant afford the petrol. Mortgage payments too high.
Now I went out on the piss, saw my friends and drove flash cars when I was young. And now I'm getting a mortgage, and guess what? The people who got a mortgage a few years back are in no better place than me, worse in fact. So ill have a few more years to pay the mortgage off, so what?
This isn't the 80's or 90's where you get a house, get married, have kids, live happily ever after. In this age most people are renting when they have their first kid, and will get a house later.
Buy a Car mate, and enjoy it
Its only £5l 1. Always went out on the piss. Even tonight.
2. Not at that stage yet. I'll defer to you.
3. While I own last week's PH SOTW, I would like to think that my 370Z is one of the better examples, my Corsa has never gone wrong in the many years I've had it and my Mini is being rebuilt not to break down.
4. The only friends I tend not to see are overseas friends and those who live silly miles away or tend to travel too much.
I'm not entirely sure why you're so against my advice of just buying a house and enjoying the money-saving that comes with it. While I wasn't even born in the 80s and certainly had no house-buying motives in the 90s (I was 9 at the end of the decade FFS) I'm struggling to fathom how I'm somehow in the negative for wanting to buy a house and enjoy my cars afterward.
I feel like this is a typical PH roundabout argument but I completely agree that TC should buy himself a proper car if he can afford it in a few years - not now, not tomorrow, but in 2/3 years when he wants a change. Has he paid his car off/become comfortable, or will he be spending money towards a finance agreement?
It is extremely late (I only just got back home a few hours back from a holiday) but feel free to leave me a few points that I can pick up in the morning. I'm actually enjoying this discussion - as I'm sure my PH buddies will know, I'm rather stubborn and like to justify my point(s) where possible.
Have a good night.
To be honest a lot of this is pointless as we dont know his circumstances. You say you did a lot when you were younger whilst paying for a house? Fair enough, only in my experience not many people can do that. Not everyone is especially lucky in employment due to either lack of ability or effort, it matters not. I know quite a few people approaching 40 who have never earned over minimum wage.
All I'm saying is he should enjoy the next few years care free. He should spend his £5k and get a nice car, have fun, and in a couple of years maybe think about the mortgage.
I must admit, for me your advice would have rang true for me as I've always earned a fair amount. My personal situation WOULD have been better had I got a mortgage at 18 and started buying cars later, I'd have a proper nice car now, instead of a load of peugeots
That said I wouldn't trade the memories I've had for anything.The fact I had no financial ties enabled me to do a lot more with my young life, when everyone was care free, just like me. And the ones who got a house ultimately suffered there.
I do apologise if I came across as short, its late after all
HenryBee said:
So I'm 20 in September, and I'm looking to change my car fairly soon.
I've seen a nice swift sport (58) near me, and honestly - it seems like the right balance of performance, enjoyment and practicality. I'm definitely not drawn to the swift for the modifying scene, just quite like what the car has to offer.
I've been tempted to get a mk1 TT, but I'm scared of maintenance costs. Not sure if the swift would be much better though. My head is telling me to get something sensible and boring (1.25 fiesta) but my heart is telling me to get something more exciting.
So am I being stupid for wanting something more fun? Or would you argue i'm being stupid for not getting the car i want? Anybody care to offer me some advice and help me make a decision?
Info:
Currently drive a 2003 punto.
Budget for next car is around 5 grand.
OP, this is my take, the Fiesta will handle and steer much better than a MK1 TT, forget the 330, you have the rest of your life to buy fat Germany barges, buy something that will put a smile on your face, I don't really know anything about modern hatches, I would be trying the Swift and fiesta out of t he cars you've named.I've seen a nice swift sport (58) near me, and honestly - it seems like the right balance of performance, enjoyment and practicality. I'm definitely not drawn to the swift for the modifying scene, just quite like what the car has to offer.
I've been tempted to get a mk1 TT, but I'm scared of maintenance costs. Not sure if the swift would be much better though. My head is telling me to get something sensible and boring (1.25 fiesta) but my heart is telling me to get something more exciting.
So am I being stupid for wanting something more fun? Or would you argue i'm being stupid for not getting the car i want? Anybody care to offer me some advice and help me make a decision?
Info:
Currently drive a 2003 punto.
Budget for next car is around 5 grand.
As someone who has always spent more than can be considered sensible on 'motoring' I can offer the following advice. It is about balance - housing and such like 'boring things' (including pensions etc.) are important and are too easily overlooked by the young! A lot of my friends are now staring down the barrel of retirement and I can tell you that they would have done things a lot more 'sensibly' if they had their time over again!
Having said that, in the great scheme of things £5k is really neither here nor there - it's not as if you are going to spunk >£25k on something exotic which will depreciate like a stone! Get the Swift and enjoy it, they are great little cars.
BTW ignore all the naysayers about TTs - they are also really good but not the most reliable vehicle on the planet and maintenance costs could run high on one of these.
Having said that, in the great scheme of things £5k is really neither here nor there - it's not as if you are going to spunk >£25k on something exotic which will depreciate like a stone! Get the Swift and enjoy it, they are great little cars.
BTW ignore all the naysayers about TTs - they are also really good but not the most reliable vehicle on the planet and maintenance costs could run high on one of these.
I'm a big advocate of getting your own house with your own driveway and your own garage to park your P&J in.
That said, I think £5k is a reasonable sum to spend on a car at your age and it'll be more useful to you in the short term. I'd just emplore you to have a plan and make sure you are saving up a house deposit as well as enjoying your car, which is where not over-stretching yourself now is important.
With that in mind, Suzuki Swift = good idea, good fun, good reliability and cheap parts and running costs. Audi TT = older, more tired car, not much fun, fair reliability part-for-part but a much more complex car with more expensive parts and running costs.
I'd get the Swift and enjoy it whilst aiming for somewhere to park a flashier car where someone wont kick the wing mirrors off and pour paint stripper over it.
That said, I think £5k is a reasonable sum to spend on a car at your age and it'll be more useful to you in the short term. I'd just emplore you to have a plan and make sure you are saving up a house deposit as well as enjoying your car, which is where not over-stretching yourself now is important.
With that in mind, Suzuki Swift = good idea, good fun, good reliability and cheap parts and running costs. Audi TT = older, more tired car, not much fun, fair reliability part-for-part but a much more complex car with more expensive parts and running costs.
I'd get the Swift and enjoy it whilst aiming for somewhere to park a flashier car where someone wont kick the wing mirrors off and pour paint stripper over it.
My daughter runs a Swift Sport (she's 20) and has done for a couple of years and about 20k miles. It's a good little car, kinda reminds me of my old Renault 5 Turbo from when I was her age - except the Swift starts every time. I like pinching it off the driveway every now and again to run errands and whatnot.
Apart from annual servicing it's not required any mechanical attention bar a new battery (after she left the interior light on for two days!) and for a while, the dealer chased an intermittent CEL caused by a duff O2 sensor.
It's going to be a tough act to follow. Finding something just as fun, reliable and insurable will be difficult.
Apart from annual servicing it's not required any mechanical attention bar a new battery (after she left the interior light on for two days!) and for a while, the dealer chased an intermittent CEL caused by a duff O2 sensor.
It's going to be a tough act to follow. Finding something just as fun, reliable and insurable will be difficult.
Hi
I would buy something older and cheaper. Such as..... (only searched for two minutes so might not be exactlly what you need/ want!)
http://www.pistonheads.com/classifieds/used-cars/b...
Less likely to loose money in depreciation and you'll have some money left if something goes wrong.
Mike
I would buy something older and cheaper. Such as..... (only searched for two minutes so might not be exactlly what you need/ want!)
http://www.pistonheads.com/classifieds/used-cars/b...
Less likely to loose money in depreciation and you'll have some money left if something goes wrong.
Mike
sebhaque said:
Without wishing to get drawn in here's my succint response.
Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to stcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.
You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
ETA: As a house-owner, insurance on my 911 was ~£600 fully comp. My 370Z is just shy of £500.
Patronising is what is very much what your posts are about, and you can only expect it back from posts such as these.Cars are definitely great fun and I completely agree with enjoying them while you're young.
However I will suggest that it's worth considering the long-term as bricks and mortar never depreciate whereas cars do. If you have enough spare cash to put towards a fun car, then please enjoy yourself. Nothing compares.
My only concern is that if you push too hard for a nice car and end up putting "boring" stuff like mortgages and houses and credit ratings off until later. I think the sooner the better in such a case - the quicker you're into and out of a mortgage, the sooner you can enjoy properly posh cars. Not to mention easing into the stress prior to having a wife/sprogs etc.
I don't appreciate the patronising comments. I'm trying to be straight here, having had to buy a house in the credit crunch and have to sell my P+J Porsche in order to do so. FFS if you want to s
tcan what I'm saying then go ahead and buy whatever you want. My point still stands and if a few forum users want to think otherwise then it's up to them.You've read my point. Feel free to respond to me personally - otherwise, thanks for reading. Ciao.
ETA: As a house-owner, insurance on my 911 was ~£600 fully comp. My 370Z is just shy of £500.
Different people have different priorities, and the OP was not really asking for advice on his life. You make much a do about begin 3 years his senior.... as 20 years his senior I say that £5k in the scheme of things is not massive, and as a young adult he has plenty of time to do the sensible thing.
OP the advice that fast is not necessarily fun is very pertinent. Certainly the mk1 TT I drove left me feeling underwhelmed - much like all Audi's that I have driven.
OP if you don't need 4 seats how about a nice Z3, you can get a 6 pot for your budget and the best thing is, if you buy wisely you will get your money back.
The 6 pot 2.8 is a lovely engine and has enough performance to feel fast.
I think I missed the bit in your post where you asked advice about the merits of buying a house instead.
The 6 pot 2.8 is a lovely engine and has enough performance to feel fast.
I think I missed the bit in your post where you asked advice about the merits of buying a house instead.
Edited by Monkeylegend on Monday 21st April 08:47
I would also echo that more power isn't necessarily more fun. At the moment I'm 21 and have an Audi S3 (265bhp) and a Polo (50bhp) and in all honesty if I want to go and blast down some B roads the Polo is more fun, you can feel it's limits without being stupid and you can also go up and down the box without saying good bye to your licence. This is all ok until you want to overtake!
If I were you I'd go and look at the Swift, because if it's anything like my 1.8 Corsa was it should be good fun.
In response to sticking the money in a house, in my personal circumstances I'm on placement currently and then back to University for another year. I'm fully prepared however after University to sell the Audi and put it towards a house, as I fully agree on the idea that jumping on the property ladder is best done sooner rather than later and when I'm paying the same amount of rent as I would be paying off a mortgage it's a no brainer. If the OP is however living at home and doesn't plan on moving out any time soon, have some fun, it's not going to depreciate drastically.
If I were you I'd go and look at the Swift, because if it's anything like my 1.8 Corsa was it should be good fun.
In response to sticking the money in a house, in my personal circumstances I'm on placement currently and then back to University for another year. I'm fully prepared however after University to sell the Audi and put it towards a house, as I fully agree on the idea that jumping on the property ladder is best done sooner rather than later and when I'm paying the same amount of rent as I would be paying off a mortgage it's a no brainer. If the OP is however living at home and doesn't plan on moving out any time soon, have some fun, it's not going to depreciate drastically.
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