Own my car outright, stupid to sell and take a lease on?

Own my car outright, stupid to sell and take a lease on?

Author
Discussion

silent ninja

863 posts

101 months

Sunday 30th April 2023
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So you want to sell the 140i to fund house and garden repairs - but admit these aren't urgent? So what's the real motivation behind wanting a new car?

The new car isn't going to have any ground breaking features you don't already have. You don't sound like you really need the extra space of a bigger car either.

Save your £400/month on the side. Stick it in an ISA preferably stocks and shares if you know what you're doing.

If you want to have freedom, live debt free - that's a principle I try to live by. Don't pile on unnecessary debt, and if you have to stop logging into this forum.

JS2808

194 posts

86 months

Monday 1st May 2023
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Sell car, buy cheap car, do house work