Glad I had my Range Rover on the beach today...
Discussion
Pica-Pica said:
Brooking10 said:
Rawwr said:
If I was made redundant, I'd just keep making the payments. I'd make the payments out of the cash I have in the bank. The cash is in the bank because I didn't spunk it on a major purchase.
I had a Focus ST on PCP which came to an end last month. I now own the car. I purchased it. I purchased it based on a contract to purchase it. I personally purchased it based on a contract.
Fear not, though. The ST is disappearing in a couple of weeks and I'll have a whole new PCP setup for my new Focus.
I really don't understand why anyone would pay cash for something when they can dribble pay it on 0% finance.
Someone will be along shortly to tell you that there’s no such thing as 0%.I had a Focus ST on PCP which came to an end last month. I now own the car. I purchased it. I purchased it based on a contract to purchase it. I personally purchased it based on a contract.
Fear not, though. The ST is disappearing in a couple of weeks and I'll have a whole new PCP setup for my new Focus.
I really don't understand why anyone would pay cash for something when they can dribble pay it on 0% finance.
While technically correct it will of course miss the fact that you couldn’t have bought said car for any less using cash as the vendor wont discount any further so why wouldn’t you take the finance deal ?
Nonetheless you will be branded an idiot and a major contributor to impending armageddon
Not sure you followed that judging by the swift edit
Brooking10 said:
Popeye is just feeling a bit punchy as he isn’t getting enough attention today so he thought he’d subtly belittle your choice of car and lifestyle and then respond with curt answers rather than say what he really means
Ah. Just thought it was weird that someone would make a joke and then appear to be too insecure to explain it to someone.Rawwr said:
lyonspride said:
Yes I did and I was going to comment further, but then other people get triggered so I deleted the rest and posted just that one line.
So what would you do in my position?The car MSRP is £27,880.
The price from CarWow was £23,400.
I finally agreed to purchase at £22,500 with a £5,000 deposit, balloon of £10,147 and 36 payments of £205.
Should I have tried to haggle for an even better deal for cash?
Assuming I could have got a better deal for cash, how much better would you expect it to be?
With that new amazing deal, should I have then taken £22,000 out of the bank and bought the car outright?
Tell me where I've gone wrong.
Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
lyonspride said:
Probably many many years ago when you said yes to having a credit card.
Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
No, tell me where I've gone wrong in purchasing my new car.Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
Also, I don't have any credit card debt.
lyonspride said:
Probably many many years ago when you said yes to having a credit card.
Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
You sound truly angry at the world.Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
lyonspride said:
Not that I don't have one myself, because the entire financial system is built on debt and sometimes you have to pay lip service to this BS, so I use it every now and then to maintain my credit rating.
Why would you need to maintain a credit rating surely you purchase everything in cash?lyonspride said:
How have we gone from speculating that someone who owned an expensive car out rite would not try to drive it down a beach, to this whatever this is?
Because you derailed it, you giant, flapping anus. lyonspride said:
I don't see how the concept of only buying what you can afford in cash, is just so controversial.
I can afford to buy it in cash but that would be totally mental, so I finance it.JimSuperSix said:
Yes this is a totally comparable argument, because a) house prices are so close to car prices in terms of % the average wage, and b)there are lots of 3 year old houses for sale at 50% of their brand new purchase price.
oh wait...
The principle is entirely comparable. For the vast majority of people, the car or house you buy is dependent on the level and affordability of credit. If it weren't for that credit, you couldn't afford what you want. oh wait...
Sneering at people who use credit to buy a nicer car than they could afford to buy cash when you live in a nicer house than you could in a likewise scenario is throwing stones from your (mortgaged) glass house. Suddenly having no money affects your mortgage as well as PCP payments.
Not to mention, credit has become a mechanism for manufacturers to unlock volume sales of particular models, meaning there are commonly finance deals that undercut the depreciation on a new, cash-bought car.
The stupid people are the ones who avoid credit in principle, because they like to 'own' things, and either have to keep their old goods forever to avoid finding new capital sums, or get shafted with depreciation every time they trade in.
Car credit works because it allows the punter to have nicer things than they would otherwise and the manufacturer to sell new vehicles more often.
The punter wins, the finance company wins and the manufacturer wins.
It only falls down if the finance is given to too many people unlikely to afford the repayments. That's not a principle for avoiding giving credit, it's just a line in the sand as to whom you should offer it.
lyonspride said:
How have we gone from speculating that someone who owned an expensive car out rite would not try to drive it down a beach, to this whatever this is?
I don't see how the concept of only buying what you can afford in cash, is just so controversial.
Here’s a clue.I don't see how the concept of only buying what you can afford in cash, is just so controversial.
It isn’t controversial.
Neither is making use of credit
Neither is personal choice.
Stop trolling to deliberately antagonise and then rowing back claiming bewilderment.
lyonspride said:
How have we gone from speculating that someone who owned an expensive car out rite would not try to drive it down a beach, to this whatever this is?
Because some on here can't afford to buy a car outright and a mix of hurt pride, jealousy and bitterness towards those who can perpetuates the discussion. lyonspride said:
I don't see how the concept of only buying what you can afford in cash, is just so controversial.
It isn't, but social norms have changed and getting stuff on credit is no longer seen in certain quarters as something only those loose with money would do.Regardless it doesn't change the fact that the money an individual spends on something is directly pproportional to the care they give it. In general anyway.
janesmith1950 said:
JimSuperSix said:
Yes this is a totally comparable argument, because a) house prices are so close to car prices in terms of % the average wage, and b)there are lots of 3 year old houses for sale at 50% of their brand new purchase price.
oh wait...
The principle is entirely comparable. For the vast majority of people, the car or house you buy is dependent on the level and affordability of credit. If it weren't for that credit, you couldn't afford what you want. oh wait...
Sneering at people who use credit to buy a nicer car than they could afford to buy cash when you live in a nicer house than you could in a likewise scenario is throwing stones from your (mortgaged) glass house. Suddenly having no money affects your mortgage as well as PCP payments.
Not to mention, credit has become a mechanism for manufacturers to unlock volume sales of particular models, meaning there are commonly finance deals that undercut the depreciation on a new, cash-bought car.
The stupid people are the ones who avoid credit in principle, because they like to 'own' things, and either have to keep their old goods forever to avoid finding new capital sums, or get shafted with depreciation every time they trade in.
Car credit works because it allows the punter to have nicer things than they would otherwise and the manufacturer to sell new vehicles more often.
The punter wins, the finance company wins and the manufacturer wins.
It only falls down if the finance is given to too many people unlikely to afford the repayments. That's not a principle for avoiding giving credit, it's just a line in the sand as to whom you should offer it.
Rawwr said:
popeyewhite said:
Regardless it doesn't change the fact that the money an individual spends on something is directly pproportional to the care they give it. In general anyway.
This is such a bizarre thing to believe. popeyewhite said:
Rawwr said:
popeyewhite said:
Regardless it doesn't change the fact that the money an individual spends on something is directly pproportional to the care they give it. In general anyway.
This is such a bizarre thing to believe. Do they care about the car because it’s the most expensive thing in their life or do they not because they didn’t pay for it one go
popeyewhite said:
Rawwr said:
popeyewhite said:
Regardless it doesn't change the fact that the money an individual spends on something is directly pproportional to the care they give it. In general anyway.
This is such a bizarre thing to believe. berlintaxi said:
If that were true then the people you so despise
Your issue, not mine. I don't despise anyone.berlintaxi said:
spending 90% of their monthly income on a car, if such people even exist, would be spending every spare 5 minutes polishing it, whereas your claim is they just wreck them...........confused.
No need to be confused, that's just your extreme interpretation of what I wrote.Gassing Station | General Gassing | Top of Page | What's New | My Stuff