Car finance question

[jomcvelia]

On the lookout for a new car in the future probably going down to PCP route but having one of these one account mortgages where i can take the full amount for the car (have paid off large proportion off my house)and pay for it over my own terms. I would keep the monthly payments high to pay off sooner rather than later.

If i'm honest i would like to keep my car and mortgage payments separate.

Would appreciate your financial views.....

[wargriff]

Do what works best for you. If paying cash and adding it to mortgage works do that.
There are many ways to fund a car. Each one works for the individual at the time of purchase, but things change.

[jomcvelia]

Anyone else.....

[gowmonster]

are you planning on keeping the car for any length of time? may be worth regular car finance if you plan to hand it back etc.

[dibblecorse]

Also dpends on the rate that your 'one mortgage' is going to charge you for the funds, if its low ie below 3% and you are comfortable you can clear the debt in say 2 years before rates really rise, then do that, in all honest wherever you borrow the money from will charge, and you can always take a loan later to put the money back into the house if need be.

The cheapest option wins for me, whatever that is to you.

If you are looking at 0% PCP deals, then even better.

[LouD86]

First question im going to ask you as a car salesman is,

How long are you going to keep the car, are you a regular 2-3 year changer?

[jomcvelia]

LouD86 said:

First question im going to ask you as a car salesman is,

How long are you going to keep the car, are you a regular 2-3 year changer?

yes boss will only want it for 12 months max...if i decide to buy from s dealer....

Your reply would be.......