The most you have paid for a car?

[LanceRS]

Hopefully £3500 tomorrow, prior to that £1350 for a Fiesta SUPERSPORT In 1992. Other than that I have ended up borrowing varying amounts towards cars.

OP, just out of interest, what are you replacing the M5 with?

[Muzzer79]

lukefreeman said:

What's "finance?"

Is that something poor people get?

Ask the majority of Ferrari/Lamborghini owners

[TheAngryDog]

LanceRS said:

Hopefully £3500 tomorrow, prior to that £1350 for a Fiesta SUPERSPORT In 1992. Other than that I have ended up borrowing varying amounts towards cars.

OP, just out of interest, what are you replacing the M5 with?

I went to look at a Mazda6 MPS today. The car itself wasnt right for me. Hopefully looking at another soon after my next shift block

[Rajtsun]

£14k for a mint Mk1 Focus RS with 10,000 miles on the clock in 2006.
Still have it nine years later, although it's probably only worth half the purchase price.

[quiraing]

£5500 cash for a 5 year old BMW 528i SE. That was in 1990.

Edit, how much is £5500 1990 worth in 2015? Around £10k maybe?

Just checked, the e28 was 6yrs old, A660 ESS. Bought from a BMW specialist dealer in Aberdeen with 48k on the clock and brand new metric TRX tyres (expensive at the time). I think it' s list price in 1984 was around £26k new.

Edited by quiraing on Wednesday 4th March 21:30

[Output Flange]

quiraing said:

Just checked, the e28 was 6yrs old, A660 ESS.

Not been taxed since 1993

[grumbledoak]

£44k on a new T350 in 2005. Toy, so cash.

I sold her in 2012 for £20k. I could probably work something out from that but I CBA.

[J4CKO]

Rajtsun said:

£14k for a mint Mk1 Focus RS with 10,000 miles on the clock in 2006.
Still have it nine years later, although it's probably only worth half the purchase price.

Think you may be in for a pleasant surprise if you only think it is worth seven grand !

[crazy about cars]

Bought outright probably 39k for E92 Comp Pack M3.

Close second would be R35 GTR however I've spent over 40k if you include mods on GTR.

It was fun while it lasted but never again as it nearly bankrupted me :P

Edited by crazy about cars on Thursday 5th March 08:19

[liner33]

lukefreeman said:

R8VXF said:

TheAngryDog said:

Lol. I'm not a powerfully built company director and am poor but never used finance!

When the finance rate is lower than your bank interest rate it makes sense

You're investing in the wrong place then.

Eh? So you should invest somewhere where the return is lower than the finance rate?

Some finance deals are 0% , why on earth would you use savings ? Others come with free servicing or other sweeteners and still have a very low apr.

It made sense to pay cash when the finance deals were 12%+

I do feel that sometimes pcp deals encourage people to take on unmanageable debt due to low monthly payments but I have changed my opinion on them recently. I used HP on my last Skoda , put a few k down and paid the rest off monthly, the total interest cost was about £500 but the deal came with three years servicing which cancelled that out. I'm taking out pcp on my new Skoda (First time ever) since its very low interest and comes with additional sweeteners at the three year point I will probably just pay the gfv fee and keep the car as I usually keep my cars 5 or 6 years

Need to look at all the options now , its not straightforward anymore

[R8VXF]

liner33 said:

lukefreeman said:

R8VXF said:

TheAngryDog said:

Lol. I'm not a powerfully built company director and am poor but never used finance!

When the finance rate is lower than your bank interest rate it makes sense

You're investing in the wrong place then.

Eh? So you should invest somewhere where the return is lower than the finance rate?

Some finance deals are 0% , why on earth would you use savings ? Others come with free servicing or other sweeteners and still have a very low apr.

It made sense to pay cash when the finance deals were 12%+

I do feel that sometimes pcp deals encourage people to take on unmanageable debt due to low monthly payments but I have changed my opinion on them recently. I used HP on my last Skoda , put a few k down and paid the rest off monthly, the total interest cost was about £500 but the deal came with three years servicing which cancelled that out. I'm taking out pcp on my new Skoda (First time ever) since its very low interest and comes with additional sweeteners at the three year point I will probably just pay the gfv fee and keep the car as I usually keep my cars 5 or 6 years

Need to look at all the options now , its not straightforward anymore

Exactly this. The only thing that influenced the size of the deposit was the monthly payments I could afford.

[James_N]

Most was the S2000 at £6,750

Least was £100. Volvo 740GLE estate and I also managed to buy a 740GL saloon for £100 as well!

[PeterGadsby]

60k on my v8 f-type now worth about 50k :-( least amount £120 for an Austin allegro when I was learning to drive


- Pete

[sparks_E39]

1990 Fiesta 1.25: £500 in 2005

1994 306 1.4: Free in 2008

1999 BMW 528i: £3200 in 2008. Beautiful car, not cheap to run.

2002 BMW 530i Sport (current car): £3350 in 2013. I've spent approximately two thirds of that again in maintaining it, and it gets everything it needs. Utterly worth it.

[richardrsc]

33k on my 911. It's scary to see that much money disappearing with just 4 presses of a number pad. Been well worth it though.

[BritishRacinGrin]

Most: Caterham 7 6,750GBP
Least: 1993 Polo 180GBP

[e600]

£223k on a new 9 horse horse box. OK not strictly a car

[anonymous-user]

£65k on a used Audi R8. Was 9 months old and had a list price of around £95k iirc.

[Bernie_78]

Most was £1800 for my mk1 golf gti 12 years ago, still have it.

Least was either the £55 Rover 420SD for field car fodder but the £102.50 hearing aid beige volvo 240

[Turbodiesel1976]

e600 said:

£223k on a new 9 horse horse box. OK not strictly a car

Crikey! Any chance of a few pics of what a 223k 9 horse hauler looks like?