Sticking to your budget.

Sticking to your budget.

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Discussion

V8KSN

Original Poster:

4,711 posts

183 months

Monday 27th April 2015
quotequote all
At the moment I am looking to sell my 997.1 GT3 and get something mid-engined and, as you do, I am trawling the classifieds with a budget. The problem is budget creep!

£75k ..... but if I spend just a little more I can get a .... so I start looking for them.....then I think 'ooh, if I am going to spend this much then for just a few grand more I can get the' ...... I have always wanted one of those.....

All of a sudden the budget has crept up by 30%/40%/50% and I give myself a slap, reset and start again! hehe

Have you ever gone out to buy something and ended up with something completely different?

Surely there must be some stories in this forum of epic budget creep, lets hear them please thumbup








Doppelkupplung

185 posts

111 months

Monday 27th April 2015
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I have done the reverse. I gave myself a maximum budget and started looking at the top end. Then I started asking myself do I really need X,Y,Z? What are my main objectives for this car? Ended up spending 85% of the max and very happy with the choice.

Find a car which satisfies your desires, if it comes within budget buy it. If it doesn't buy it next year!

70proof

6,045 posts

154 months

Monday 27th April 2015
quotequote all
when i first looked to buy a gallardo, was looking at an early model and spending about 65K..... was soon looking at superleggeras in the 100k+ bracket, eventually bought a car for 89k.... when i bought my latest car, creep from around 100k for a 550-2 to over 135k!!! on both occasions, i got exactly what i wanted, and a very good car too... you only live once.

ferdi p

1,519 posts

171 months

Monday 27th April 2015
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I went in with a max budget of 150, I ended up spending 600!! Ok, I'm talking about a strip club in Vegas but the same seems to happen when I go looking for cars! wink

anonymous-user

53 months

Monday 27th April 2015
quotequote all
V8KSN said:
At the moment I am looking to sell my 997.1 GT3 and get something mid-engined and, as you do, I am trawling the classifieds with a budget. The problem is budget creep!

£75k ..... but if I spend just a little more I can get a .... so I start looking for them.....then I think 'ooh, if I am going to spend this much then for just a few grand more I can get the' ...... I have always wanted one of those.....

All of a sudden the budget has crept up by 30%/40%/50% and I give myself a slap, reset and start again! hehe

Have you ever gone out to buy something and ended up with something completely different?

Surely there must be some stories in this forum of epic budget creep, lets hear them please thumbup
I've spent the last 3 months figuring out what car to go for at around the £100k mark or less. On Saturday I ordered a McLaren 540C at around £140,000 after spending two hours at Birmingham McLaren.

Out of my comfort zone, but happy smile

V8KSN

Original Poster:

4,711 posts

183 months

Monday 27th April 2015
quotequote all
ferdi p said:
I went in with a max budget of 150, I ended up spending 600!! Ok, I'm talking about a strip club in Vegas but the same seems to happen when I go looking for cars! wink
hehethumbup

cho

927 posts

274 months

Monday 27th April 2015
quotequote all
Only recent car that came in on budget was a RUF and that was quite a few years ago. Since then it's always been 'just a little more will get it'. I'm not even talking about getting into a better model. I tend to see a car then think I can negotiate to a lower than realistic level and end up convincing myself it's worth it! Only my SLS managed to make a bit rather than lose a lot when selling

Bebs

2,913 posts

280 months

Monday 27th April 2015
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What are you getting Kul? thumbup

V8KSN

Original Poster:

4,711 posts

183 months

Tuesday 28th April 2015
quotequote all
Bebs said:
What are you getting Kul? thumbup
Not sure yet bud, has to be a manual though biggrin

davek_964

8,796 posts

174 months

Tuesday 28th April 2015
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I've been looking at AM V8 Vantages. My initial thought was, sell my 996 turbo since I've had it 5.5 years and fancy a change, it's gone up in value and would be almost a straight swap - maybe +5k for a mid-to-high-30s Vantage.

However, I looked at a couple of Vantages which I suspect were the bottom of what's available and wasn't impressed, so am now thinking I keep the turbo before I buy - that way, I can be sure I've got a good replacement before selling the turbo.

Unfortunately, this has started me down an alternative thought process - if I went for a Vantage in the low 30s.... well, it would hardly be worth selling the turbo if I did that would it? I may as well keep them both!

Or, I seem to be thinking that if I did still sell the turbo after finding a Vantage, then maybe I should up the budget to mid-40s and go shopping in AM Dealers which would have used warranties....

Either way, I seem to be considering spending more money than my initial plan! I hope interest rates don't ever go back up - the only argument I have for all the money I keep spending on cars is : Well, it isn't growing in the bank!

tomtom

4,223 posts

229 months

Tuesday 28th April 2015
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A budget is a state of mind rather than a hard limit.

matty0194

95 posts

107 months

Wednesday 29th April 2015
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you could go for the RS6 wink 571BHP monster from the boys at GMBH Audi. My dream super car would be a 2005 Vanquish (James Bond style)

hoyin

1,233 posts

236 months

Thursday 30th April 2015
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I always end up spending more. It happens for all things not just cars.

There is nothing worse than seeing something better, then being sensible and saving money and buying the cheaper alternative.

You always end up wishing you had bought the best.

To avoid this I always pay more and get what I really want - so you have no disappointment because there is nothing better to get!