Anyone into cars but not credit?

[Granfondo]

daemon said:

Granfondo said:

daemon said:

Whats the issue with that?

I dont think anyone is saying "leasing / PCP is the ONLY way to buy a car, otherwise you're stupid".

Its AN option. Suits some people, some times. Sometimes doesnt suit at all.

I dont see why you have to try and twist things, just to "win" an argument on the internet?

Only stating facts!

Out of context and not necessarily in the correct order.

Facts are facts!

[daemon]

Driver101 said:

Just to reiterate my point, I'm not actually anti-finance at all. I've nothing against people using finance responsibly. My issues is the volume of debt that I see people taking on and for it to be seen as normal.

Your life shouldn't be financed that tightly that you account for every penny every month.

Of course not. There are no doubt a minority out there who are. The problem is when that statement is used as a broad brush - as it has on here - to say that everyone who has finance / lease is living month to month.

[daemon]

RSK21 said:

Driver101 said:

Just to reiterate my point, I'm not actually anti-finance at all. I've nothing against people using finance responsibly. My issues is the volume of debt that I see people taking on.

I honestly have not seen anybody advocating that's a good thing or promoting irresponsibility on this thread and therefore am baffled as to how it has become quite so vitriolic.

+1

[Granfondo]

Devil2575 said:

Granfondo said:

So how come with the average salary being £26k there is so many £60k plus cars on the road?

Are they?

What proportion of cars on the road are £60k plus cars?

A quick look at Autotrader shows that out of the 16000 BMWs 3 years old or newer for sale only about 500 are M cars.

But there is 7766 second hand cars over £50k though!

[daemon]

Granfondo said:

RSK21 said:

What car do you drive ?

Bianchi Infinito

And thats a car then is it? Because last time i checked it was a bike

[anonymous-user]

Granfondo said:

RSK21 said:

You obviously think differently, I''m not going to go over every post but that's my sense. As it is of most posters who have mentioned finance products as having merit at times.

Some questions ?

What car do you drive ?

Have you ever or do you still smoke ?

Have you ever placed a bet ?

Do you drink alcohol ?

I totally agree about finance products having a place and I have used them in the past and will be maybe shortly!
Bianchi Infinito
Non smoker.
Lottery
Nothing since August but partial to wine and occasional Drambuie.

Nicely ducked, your prerogative of course but disappointing you don't want to share. Seems surprising on a car forum.

As for the other things I mention them for the sole reason that for some people they can cause major problems and no doubt if we wanted to we could construct some very black and white arguments about why they are "bad". And yet.... many people are capable of managing their usage, striking a balance etc

[Driver101]

daemon said:

Driver101 said:

Just to reiterate my point, I'm not actually anti-finance at all. I've nothing against people using finance responsibly. My issues is the volume of debt that I see people taking on and for it to be seen as normal.

Your life shouldn't be financed that tightly that you account for every penny every month.

Of course not. There are no doubt a minority out there who are. The problem is when that statement is used as a broad brush - as it has on here - to say that everyone who has finance / lease is living month to month.

Where are you getting your facts from?

You keep "challenging people" then make statements you can't back up?

You've made a serious amounts of posts in this thread without actually offering anything worthwhile.

[daemon]

Granfondo said:

Devil2575 said:

Granfondo said:

So how come with the average salary being £26k there is so many £60k plus cars on the road?

Are they?

What proportion of cars on the road are £60k plus cars?

A quick look at Autotrader shows that out of the 16000 BMWs 3 years old or newer for sale only about 500 are M cars.

But there is 7766 second hand cars over £50k though!

And a million people on over £100K a year.

So applying the logic we've seen being used on here, all £50K cars are driven by people on more than £100K per year.

Facts are facts!

[Granfondo]

daemon said:

Granfondo said:

Devil2575 said:

Granfondo said:

So how come with the average salary being £26k there is so many £60k plus cars on the road?

Are they?

What proportion of cars on the road are £60k plus cars?

A quick look at Autotrader shows that out of the 16000 BMWs 3 years old or newer for sale only about 500 are M cars.

But there is 7766 second hand cars over £50k though!

And a million people on over £100K a year.

So applying the logic we've seen being used on here, all £50K cars are driven by people on more than £100K per year.

Facts are facts!

Where did you get that fact from ?
Could you please show us your source?

[Granfondo]

daemon said:

Granfondo said:

RSK21 said:

What car do you drive ?

Bianchi Infinito

And thats a car then is it? Because last time i checked it was a bike

Google is a great tool?
Earlier today!

Edited by Granfondo on Tuesday 25th October 22:45

[daemon]

Driver101 said:

daemon said:

Driver101 said:

Just to reiterate my point, I'm not actually anti-finance at all. I've nothing against people using finance responsibly. My issues is the volume of debt that I see people taking on and for it to be seen as normal.

Your life shouldn't be financed that tightly that you account for every penny every month.

Of course not. There are no doubt a minority out there who are. The problem is when that statement is used as a broad brush - as it has on here - to say that everyone who has finance / lease is living month to month.

Where are you getting your facts from?

You keep "challenging people" then make statements you can't back up?

You've made a serious amounts of posts in this thread without actually offering anything worthwhile.

Its not a statement i cant back up.

There we go

https://www.moneyadviceservice.org.uk/blog/only-10...

A minority (1 in 10) people have no disposable income at month end.

And i wholeheartedly agree that that is wrong for people to be living like that.

(It doesnt necessarily mean that same 1 in 10 lease cars though)

Edited by daemon on Tuesday 25th October 22:50

[daemon]

Granfondo said:

daemon said:

Granfondo said:

Devil2575 said:

Granfondo said:

So how come with the average salary being £26k there is so many £60k plus cars on the road?

Are they?

What proportion of cars on the road are £60k plus cars?

A quick look at Autotrader shows that out of the 16000 BMWs 3 years old or newer for sale only about 500 are M cars.

But there is 7766 second hand cars over £50k though!

And a million people on over £100K a year.

So applying the logic we've seen being used on here, all £50K cars are driven by people on more than £100K per year.

Facts are facts!

Where did you get that fact from ?
Could you please show us your source?

Well its clear logic - as used on this very forum thread!

There are a lot of expensive cars on our roads
A lot of people are high earning

Therefore only high earning people drive expensive cars.

[daemon]

Granfondo said:

daemon said:

Granfondo said:

RSK21 said:

What car do you drive ?

Bianchi Infinito

And thats a car then is it? Because last time i checked it was a bike

Google is a great tool?
Earlier today!

Edited by Granfondo on Tuesday 25th October 22:45

And deflected again!

You dodge answers like Philip Green at a government enquiry..

[daemon]

Granfondo said:

daemon said:

Granfondo said:

RSK21 said:

What car do you drive ?

Bianchi Infinito

And thats a car then is it? Because last time i checked it was a bike

Google is a great tool?
Earlier today!

Edited by Granfondo on Tuesday 25th October 22:45

You're quite the photographer!

Maybe hold the camera 90 degrees to the right next time though

If you're stuck ask your carer to help

[Justin Case]

What we who take a more balanced view find offensive is not so much the view that borrowing is inherently wrong and unwise, which is a reasnable point of view to take, but the assumption that ordinary people on average incomes are incapable of managing their own affairs and need to be protected from their own (alleged) folly. This is not only complete nonsense but ignores the fact that this country is in the mire entirely due to the incompetence and corruptness of a so-called financial and political elite who have made sure that their own pockets are well-lined at the expense of everybody else.

Edited by Justin Case on Tuesday 25th October 22:56

[anonymous-user]

daemon said:

You're quite the photographer!

Maybe hold the camera 90 degrees to the right next time though

If you're stuck ask your carer to help

Don't fall into the wind up merchant's trap.

[Granfondo]

daemon said:

You're quite the photographer!

Maybe hold the camera 90 degrees to the right next time though

If you're stuck ask your carer to help

Well if I turned 90 degrees then you wouldn't see what I was trying badly to photograph so maybe it's you who needs a carer!

[daemon]

Granfondo said:

daemon said:

You're quite the photographer!

Maybe hold the camera 90 degrees to the right next time though

If you're stuck ask your carer to help

Well if I turned 90 degrees then you wouldn't see what I was trying badly to photograph so maybe it's you who needs a carer!

Turn THE CAMERA 90 degrees, not yourself.

[daemon]

RSK21 said:

daemon said:

You're quite the photographer!

Maybe hold the camera 90 degrees to the right next time though

If you're stuck ask your carer to help

Don't fall into the wind up merchant's trap.

You're right. Sorry.

Its like shooting fish in a barrel though.

I'll try not to lower myself to his level of stupidity. He'll only beat me on experience.

[Driver101]

daemon said:

Its not a statement i cant back up.

There we go

https://www.moneyadviceservice.org.uk/blog/only-10...

A minority (1 in 10) people have no disposable income at month end.

And i wholeheartedly agree that that is wrong for people to be living like that.

A poll based on 2000 people is going to give accurate results?

How does that back up your opinion? 1 in 10 has less than £10 per month to spare.

Only 14% have over £500 disposable income per month. That's also a minority.

The average monthly disposable income is £187, which is £38 down from 2013.

£187 per month disposable income per month isn't much at all. One unexpected bill could wipe them out for months.

Edited by Driver101 on Tuesday 25th October 23:08