Supercars outside ordinary houses
Discussion
Rovnumpty said:
As discussed in another recent thread, the price of new cars is starting to get silly in the uk.
Imagine being in the position - through maybe a bonus or an unexpected inheritance to be able to spend £30,000 on a car without having to sell your soul.
Brand new, middle of the road mondeo, or an older Aston Martin V8 vantage?
Flush £28,000 of your hard earned down the toilet in deprecation, or have fun in the AM for a couple of years and probably lose a couple of grand. You might even get lucky and make a bob or two.
Its the difference between thinking for yourself, and believing the s
te spouted by new car salesmen, accountants and PH 'experts'
who actually buys new cars out right these days for the price listed? it's all about how much it costs per monthImagine being in the position - through maybe a bonus or an unexpected inheritance to be able to spend £30,000 on a car without having to sell your soul.
Brand new, middle of the road mondeo, or an older Aston Martin V8 vantage?
Flush £28,000 of your hard earned down the toilet in deprecation, or have fun in the AM for a couple of years and probably lose a couple of grand. You might even get lucky and make a bob or two.
Its the difference between thinking for yourself, and believing the s
te spouted by new car salesmen, accountants and PH 'experts'Composite Guru said:
AOK said:
acr_nick said:
http://www.topgear.com/videos/chris-harris-drives/...
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Still there and still changing cars very regularly, the house is worth c. £1m BTW.There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Edited by PistonTim on Tuesday 6th September 15:47
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
First post. Is that your house? There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Joking aside, I think that's a lovely home. We're looking to buy together in Romford (or similar for commute to London)and £400K buys you this in Dagenham.
http://www.rightmove.co.uk/property-for-sale/prope...
I know Dagenham is next inline for rejuvenation, but I remember when it was the cheap place to live, but now with the transport links etc it's risen in price.
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
I'm starting to question what sized house people on here think people need in order to be allowed to spend some money on a supercar or 2...that house is plenty big enough and yet some people are saying it's "nothing overly extravagent". ETA - that house is worth north of £1m...There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Also, that's an MP4-12C, this is an MC-12:
Edited by AyBee on Tuesday 6th September 15:54
tankplanker said:
DaveOrange said:
I think I am well qualified to post on this thread. I live in a 3 storey terraced town house on the Surrey Sussex border. I bought the house when I got married in 1993 and we have raised both of our girls there. The house suits us, as my wife can no longer drive (medical reasons) it is perfectly located for her with all amenities close by. The girls are all but gone now so it is plenty big enough for us and we also have great neighbours all round. We simply have no desire to move away from a house we are very happy in.
I am fortunate to have had some lucky breaks (after taking some big risks) and have built up a bit of cash which is why last year I went out and bought a McLaren 12C Spider to go with my other cars. Does it look out of place on my drive? Yes, a little. Do I enjoy driving it? Damn right I do.
A friend of mine with similar earnings lives in a beautiful £1m+ house in the country and asks me why I haven't "upgraded" my house. He drives a leased BMW and hasn't had a decent holiday for a while due to high mortgage payments. No-one is right and no-one is wrong its just horses for courses and each to their own.
Sounds like you are a couple of years ahead of us, we have, or will have, very similar circumstances. I am fortunate to have had some lucky breaks (after taking some big risks) and have built up a bit of cash which is why last year I went out and bought a McLaren 12C Spider to go with my other cars. Does it look out of place on my drive? Yes, a little. Do I enjoy driving it? Damn right I do.
A friend of mine with similar earnings lives in a beautiful £1m+ house in the country and asks me why I haven't "upgraded" my house. He drives a leased BMW and hasn't had a decent holiday for a while due to high mortgage payments. No-one is right and no-one is wrong its just horses for courses and each to their own.
Edited by DaveOrange on Tuesday 6th September 11:56
Currently we have a tiny mortgage compared to net income having brought the current house before a previous property boom and both earning good money. We spend more on holidays than we do on the mortgage as the house is more than large enough for the four of us. Assuming a reasonable level of savings/debt live your life now not some distant point in the future that you may not make.
Both the mortgage and the kids will be gone in a few years, before we are forty five, and we are planning on living disgracefully as possible at that point.
Why would we want anywhere larger when it is just the two of us? I'd rather pay the deposit and first few years' mortgage payments for my kids to get them started in life.
A guy down the road from me had a Ferrari 360 back when they were ~£35k, he followed it up with a R8, although he has gone all sensible and brought a TT RS.
Birdster said:
First post. Is that your house?
Joking aside, I think that's a lovely home. We're looking to buy together in Romford (or similar for commute to London)and £400K buys you this in Dagenham.
http://www.rightmove.co.uk/property-for-sale/prope...
I know Dagenham is next inline for rejuvenation, but I remember when it was the cheap place to live, but now with the transport links etc it's risen in price.
Unbelievably, that is a school-friends old place. I used to live in the same area a good 20 years back!Joking aside, I think that's a lovely home. We're looking to buy together in Romford (or similar for commute to London)and £400K buys you this in Dagenham.
http://www.rightmove.co.uk/property-for-sale/prope...
I know Dagenham is next inline for rejuvenation, but I remember when it was the cheap place to live, but now with the transport links etc it's risen in price.
Gandahar said:
Composite Guru said:
AOK said:
acr_nick said:
http://www.topgear.com/videos/chris-harris-drives/...
PistonTim said:
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Still there and still changing cars very regularly, the house is worth c. £1m BTW.There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
spreadsheet monkey said:
PistonTim said:
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Still there and still changing cars very regularly, the house is worth c. £1m BTW.There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
Lmao at the idea of this not being a big house. I'd like to see what people calling this nothing are living in There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
All this tell's me is the house prices in London and South are outrageous and I speak as a homeowner in West London, but thanfully bought a fair few years ago. I think the average home/ expensive car people have it just right. The Mrs and I contemplated moving a couple of years ago my only criteria was a garage, but the prices, forget them, I don't want to increase my mortgage, we thought about it and decided, actually we're happy where we are.
This allowed to bring a rusty SAAB back from the dead, my Mrs to buy RX-8 and now the CX-3 in cash, us to go on holidays. A home is to live in, people are forgetting that and it's become commodity to be traded.
This allowed to bring a rusty SAAB back from the dead, my Mrs to buy RX-8 and now the CX-3 in cash, us to go on holidays. A home is to live in, people are forgetting that and it's become commodity to be traded.
If you can't afford both, I think you need to be seriously crackers to put your money into a flash car over a decent house. The reason I say this is that you can have as many smiles per gallon in a cheap hatch or MX5/Elise type car as you can in a any car. Sure everything's quicker and nicer in a supercar, but you can't throw a F40 around country roads without great care and composure. You can't just floor it, you need to hold back constantly. Horses for courses of course, and there's a time and place for a supercar, but I'd take a lovely house with no neighbours over a supercar and a terrace any day of the week.
In what world is that an 'ordinary' house? It looks bloody nice to me!
Round here that would cost £2.5million, even somewhere like Leicester that house would be £500k+!
Round here that would cost £2.5million, even somewhere like Leicester that house would be £500k+!
adam2588 said:
ChocolateFrog said:
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
There's a house in Brighton, nice but nothing overly extravagant that used to have a 458 and MC-12 parked outside.
Used to drive past there all the time...
I'm interested to know, what would you guys consider a good ratio of house to car value?
10:1?
7:1?
Lots of houses around here look like normal unimpressive semi's but are worth £700+k, there was one on my walk to the tube the other day that had a Huracan parked outside it. My modest semi has my DBS parked outside.
10:1?
7:1?
Lots of houses around here look like normal unimpressive semi's but are worth £700+k, there was one on my walk to the tube the other day that had a Huracan parked outside it. My modest semi has my DBS parked outside.
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