Cars and their houses...

[Lalique]

or the tallyman!

My house is on the market, obviously its not good enough for my wonderful CC, and at 170k is a mean machine (the house not the car)

[J111]

RUSSELLM said:

I live in an ex council house, that we purchased for £36000 three years ago.

It's currently got two Cerberas and the missus' little Honda on the drive.

I pay £25 a week towards the mortgage, which leaves me a little bit of spare cash to lavish on cars

A little bit of spare cash ? Your annual mortgage repayment's less than mine for a week !

Why not rent it out and buy another property ?

[baSkey]

J111 said:

RUSSELLM said:

I live in an ex council house, that we purchased for £36000 three years ago.

It's currently got two Cerberas and the missus' little Honda on the drive.

I pay £25 a week towards the mortgage, which leaves me a little bit of spare cash to lavish on cars

A little bit of spare cash ? Your annual mortgage repayment's less than mine for a week !

Why not rent it out and buy another property ?

i don't get it though..why have a mortgage at all if 2/3rds of a cerbera would just pay it off..?!

weirdo.

[RUSSELLM]

That £25 comes in handy... I filled them both up yesterday, and it cost me £115.

I really should sort my life out, but I'm an 18 year old, stuck in a 37 year old's body

Edited by RUSSELLM on Friday 2nd November 14:01

[5 wh]

Mr Whippy said:

Irish said:

5 wh said:

Irish said:

Sorry, but in my view a car should always cost an amount appropriate to the level of your the mortgage. If you mortgage is £200k you should not have a £60k car (and my car used to be 15% of my outstanding mortage!

AWAITS FLAMING!

How times change.Back in the late 80's I had a flat in Manchester I paid £12,000 for(mortgage £11500),and a brand new Escort XR3i cabriolet which cost £12000 too!!

Any regrets on not buying a house for £21,500 and spending £2k on a shed?

Just goes to show how completely out of it house prices are. Nothing else is quite so skewed when compared against the other.

Cars cheaper than ever vs salary, homes more expensive than forever (afaik) vs salary.

Dave

10 years ago I nearly bought a year old Porsche 993 cabriolet for £60k,that was the same price as 3 terraced houses in Blackpool at the time.Nowardays those houses would cost £90k each but the equivelent Porsche would be around £65k.

[billberks2]

old thread but good example...

[Windymiller]

Rich uncle visiting? Hire-car birthday present?

[billberks2]

i wish it was either, atleast id get to go out in it.

[sparks87]

I'd quite happily live in a standard £250,000 3 bed house with a garage and, for example an Aston Martin DB9 in the garage and a Focus on the drive, if I could afford it of course.

[billberks2]

sparks87 said:

I'd quite happily live in a standard £250,000 3 bed house with a garage and, for example an Aston Martin DB9 in the garage and a Focus on the drive, if I could afford it of course.

yeah, you taking into account that peoples priorities in life change, i hope mine dont.

[BlueCello]

I'd be very content with a 3 bed-semi in a semi-decent location, and have a Stag on the drive, Aston DB7 V12/V8/DB9 in the garage and a MCS on the pavement

[sparks87]

billberks2 said:

sparks87 said:

I'd quite happily live in a standard £250,000 3 bed house with a garage and, for example an Aston Martin DB9 in the garage and a Focus on the drive, if I could afford it of course.

yeah, you taking into account that peoples priorities in life change, i hope mine dont.

It is all down to priorities really. Say you were earning £70,000 per year and liked cars and didn't need/want a flash pad, it makes sense. You wouldn't have to buy a new DB9, you could get one for £55,000 used.

[Swoxy]

It's on eBay in Birmingham ...



"I need to sell my Range Rover as I am moving house and need the extra cash".
He's spent £6.5k tarting his 115k smoker up to look like a Supercharged

Edited by Swoxy on Sunday 24th August 20:03

[J111]

Curious, I was thinking about this just today. On the way down to our office there are some ex housing association properties. By no means horrible, but the cars on the drives are 52ish Focuses and Golfs, and the odd newer car probably on the never never, until you round the corner and see two Kahn'd Range Rover Sports.

Fine, local drug dealers, except that the owner is at least 55, white, and, afaik, works in a builders' merchants

[Alfa_75_Steve]

J111 said:

Curious, I was thinking about this just today. On the way down to our office there are some ex housing association properties. By no means horrible, but the cars on the drives are 52ish Focuses and Golfs, and the odd newer car probably on the never never, until you round the corner and see two Kahn'd Range Rover Sports.

Fine, local drug dealers, except that the owner is at least 55, white, and, afaik, works in a builders' merchants

Possibly bought under a 'right to buy' scheme for peanuts and re-mortgaged to buy the Rangie? - I've seen it happen around here.

The houses weren't local authority / housing association, but when new (7 years ago), our place sold for £55k - now worth £160k (yes, South Wales is still bloody cheap for a nice house in a nice area) - but lots of people around these parts appear to have re-mortgaged to buy flash cars.

Me, until I got a company car, I drove bangers, but instead of having a big mortgage and SUV worth pennies on the drive, I have no mortgage and a nice little pension fund building up.

[MrAbramovich]

From what I was told those cars don't belong to tbops anyway so the house probably suits his true means.

[billberks2]

checkout supercars spotted - some rarities thread for proper dosh wasting..

[ab@]

MrAbramovich said:

From what I was told those cars don't belong to tbops anyway so the house probably suits his true means.

I dont think thats for you to say.

[m3jappa]

I do love the fact its considered 'sad' to own a half decent car and live at home with mummy.
Maybe those who live with mummy haven't wanted to buy a place within the last 3 years due to overpriced houses.
I know for me thats how i am. I could buy a modest house with relative ease but at 28 i choose not to. Once the prices come back down to a reasonable level i will buy a place. I they stay high then i,ll stomach it in a couple of years.
I live at home with my mum and dad, my girlfriend pretty much lives here, i have my own lounge with 42"plasma and everything i could want no mortgage and a nice car paid with cash and am able to be in a position to save a good amount to put down a sensible deposit on a nice place not a 100% mortgage with interest only on a crappy 2 bed and then declare the big i am because i own a place like so many feel the need to like they are some property expert when infact their houses are now depreciating fast- they are living on the never never to the same extent as those who have ticked up flash cars.

Sorry for the rant but it bugs me that immediately some people wrongly assume.

Most people i know who are around my age (28) who have bought within the last 3 years as first timers are the same people who told me those houses would go up 50k per annum and that they 'had' to get on the housing ladder. No different to sheep imo afterall property only goes up doesnt it?

[tbops]

MrAbramovich said:

From what I was told those cars don't belong to tbops anyway so the house probably suits his true means.

what were you told exactly? That i wash them? that they belong to family? that i rent them?

Before you make statements i suggest you get proof. I'll happilly show you a log book or 2 for proof on my side and ill bring somthing nice out to the ace cafe soon....your welcome to come along and have a gander at a car thats not mine but i have the keys and loggy. I'll go get it from the fez garage over the road and you can come with me and meet the guy thats in charge of mine and my brothers cars and see him greet somone that doesnt own the car and see him hand over the keys to somone that isnt the owner?????

You can also meet people on here that have worked on my cars (guam) and listen to there vouches that the paperwork is all in my names and i payed them for the work and i am the contacted for all the works involved...but yet thats not enough.

Then you can meet all the people that i brought some of the cars out for (robotron) and the people who have come to my house to have a look and a chat(k321)....but as alwys its never enough.

FFS

Also my true means are far beyond you may think, I wouldnt be wearing a new AP T3 if my means were just enough to cover my house.

Edited by tbops on Sunday 24th August 21:49