Where to put £80k - 430 or 458

[Clevers]

Sorry to ask a naive question.

But if you found £80K (or so) under you bed, where is the wisest place to put it from an all round perspective. Two options:

1) outright purchase of F430. Benefits obviously car is now yours etc...or

2) deposit down on a used 458 Italia + finance and then balloon at the end.

What would you do on balance taking into account driving and protecting your investment. I guess I should be able to work this out myself, but I am four glasses into a bottle of Pinot.

[Clevers]

Shmee said:

Rough guesstimate you could get a 458 for £160k, the balloon on 3 years might be around £60k (I have absolutely no idea) so the payments are small at £500 or so a month with your deposit and probably only inline with the costs on an F430 over the year as the 458 will also have free warranty and service for the 3 years; service and warranty would be £4k a year + potential non-covered issues on an F430 I think.

However at the end of that you have maybe only a small amount of deposit (£20-30k? This is the gamble; could also be more) to take back from the 458 unless it gets handed back versus an F430 that will be worth maybe £40-45k?

End of the day, the 458 is SO much more car surely this is a no-brainer!?

Thanks, I am not mad then....was thinking same as you. Funny thing though, I prefer the looks of the F430 for some reason.

[Clevers]

groak said:

16 of these beauties would gross you £60kpa +/- for your £80k, but you'd need to know a bit about about propery letting to get near it.

http://www.rightmove.co.uk/property-for-sale/prope...

Hey, if I relocate the family to one of those flats, then I could afford a 458...