Maserati Quattroporte or Tuned MX5/Civic Type R
Discussion
stuart-b said:
Forgive me, but isn't the point of a life mile stone to reach it? A loan is cheating, because you didn't reach it, the bank did.
A loan on a 15k car that's known to be financially ruinous just seems like you're setting yourself up in all the wrong ways - then you want to consider settling down (after being in debt to a car you may find hard to shift on afterwards)?
Doesn't setting down and buying a property and having money for kids also need savings?
Think you may want to listen to the advice you've already been given and revisit this when 15k in cash isn't a problem and you already have an every day car. Then if it breaks you can leave it in the garage/work on it yourself and/or wait 6-12 weeks to get a part for it.
What am I missing?
The fact he has got an everyday car?A loan on a 15k car that's known to be financially ruinous just seems like you're setting yourself up in all the wrong ways - then you want to consider settling down (after being in debt to a car you may find hard to shift on afterwards)?
Doesn't setting down and buying a property and having money for kids also need savings?
Think you may want to listen to the advice you've already been given and revisit this when 15k in cash isn't a problem and you already have an every day car. Then if it breaks you can leave it in the garage/work on it yourself and/or wait 6-12 weeks to get a part for it.
What am I missing?
The loan option is fine as long as he can fund the monthly payment what does it really matter?
I'd go quattroporte as althoight it may cost more to run it will hold it'l value better helping to offset any unexpected costs.
Tbh though if it were a milestone car before settling down i don'5 get why you'd choose this car, i'd rather have a 3/4200 maserati tbh.
lewisf182 said:
The fact he has got an everyday car?
The loan option is fine as long as he can fund the monthly payment what does it really matter?
I'd go quattroporte as althoight it may cost more to run it will hold it'l value better helping to offset any unexpected costs.
Tbh though if it were a milestone car before settling down i don'5 get why you'd choose this car, i'd rather have a 3/4200 maserati tbh.
I think you missed the point - my response was in the context of his desires and reasons for doing so.The loan option is fine as long as he can fund the monthly payment what does it really matter?
I'd go quattroporte as althoight it may cost more to run it will hold it'l value better helping to offset any unexpected costs.
Tbh though if it were a milestone car before settling down i don'5 get why you'd choose this car, i'd rather have a 3/4200 maserati tbh.
A VERY long ago as a pimply youth in my anxiety to own a convertible sports car I stretched myself financially with little or no buffer to cover maintenance & just enough to cover day to day running costs. The result was that whilst enjoying the car & being a proud owner forever polishing it the entire experience was tarnished by the worry that if something goes wrong may have to sell it. Most journeys had a sort of cloud over them.
When I had a prang & had to sell it I bought a cheap Morris Minor convertible & at last relaxed & enjoyed my al fresco motoring. Not being a badge snob, a swank or needing to race everybody else from the lights the power differential worried me not. It was all about 'smiles per miles' not 'miles per hour'. Even more of a revelation was that my (genuine) male & female friends found me no less interesting or attractive. I was judged by who I was not what I owned a very valuable life lesson.
MANY years later I have an expensive powerful sports car whose purchase & running costs are of little worry so on reflection I got my priorities right & in the right order. And yes friends STILL judge me not my car.
When I had a prang & had to sell it I bought a cheap Morris Minor convertible & at last relaxed & enjoyed my al fresco motoring. Not being a badge snob, a swank or needing to race everybody else from the lights the power differential worried me not. It was all about 'smiles per miles' not 'miles per hour'. Even more of a revelation was that my (genuine) male & female friends found me no less interesting or attractive. I was judged by who I was not what I owned a very valuable life lesson.
MANY years later I have an expensive powerful sports car whose purchase & running costs are of little worry so on reflection I got my priorities right & in the right order. And yes friends STILL judge me not my car.
Get the Maserati, shop around for a decent inspection / car and ensure you have a repair fund.
If that's the car you want and can afford it, then buy it.
Whoever said you are less flexible with a loan than finance / PCP is a cretin; no fees, you own the car, it's yours to buy or sell, no restrictions, etc. Far more flexible than some faceless finance company who you are paying 9% APR.
As a note OP, I am currently searching for my dream car, the plan was to buy it for my 30th but I know by that time I will be looking to upgrade the house so won't spend such a sum on a car ....
So I have borrowed the delta between what I have and what I need for a grand total of £1200 interest over 5 years .... That means I can buy my dream car and keep it even when we upgrade the house
Go for it! You can always sell it after an expensive lesson.
If that's the car you want and can afford it, then buy it.
Whoever said you are less flexible with a loan than finance / PCP is a cretin; no fees, you own the car, it's yours to buy or sell, no restrictions, etc. Far more flexible than some faceless finance company who you are paying 9% APR.
As a note OP, I am currently searching for my dream car, the plan was to buy it for my 30th but I know by that time I will be looking to upgrade the house so won't spend such a sum on a car ....
So I have borrowed the delta between what I have and what I need for a grand total of £1200 interest over 5 years .... That means I can buy my dream car and keep it even when we upgrade the house
Go for it! You can always sell it after an expensive lesson.
Edited by Trexthedinosaur on Thursday 17th November 19:49
Find a good independent & get the Maser my services (on the GT) were between £700-1200 get it checked out then enjoy it.
http://www.autotrader.co.uk/classified/advert/2016...
http://www.autotrader.co.uk/classified/advert/2016...
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