Car on the never never question
Discussion
I'm a bit old fashioned when it comes to buying things, as in if I don't have the cash I wont get it and the same applies to any cay I have owned. Now whatever is sitting in my driveway may not be special by PH standards but there is a certain sense of achievement seeing what you have bought and paid for.
Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
According to my mate on his 3rd BMW on never never it wears off and you grow to resent it.
It's finishing soon and he's just got a 8 grand loan for a second hand golf instead. My ex girlfriend had a Citroen DS3 same thing and got annoyed near the end of any deal.
I don't know anyone else who's done it so out of the two I know, I'd say no
It's finishing soon and he's just got a 8 grand loan for a second hand golf instead. My ex girlfriend had a Citroen DS3 same thing and got annoyed near the end of any deal.
I don't know anyone else who's done it so out of the two I know, I'd say no
Depends on your mindset I guess.
People who have a £100/month C1 and I get it, it's just buying a service.
People who are paying £300/400/month or more and I just don't think it's as simple as mindset it gets into things like salary and other outgoings and just how much of a f
k you need to give about that £300-400/month.
I don't think I'd like it but last time I did finance was on a 50/50 interest free that I knew I'd be paying off.
People who have a £100/month C1 and I get it, it's just buying a service.
People who are paying £300/400/month or more and I just don't think it's as simple as mindset it gets into things like salary and other outgoings and just how much of a f

I don't think I'd like it but last time I did finance was on a 50/50 interest free that I knew I'd be paying off.
Better off meeting half way with a cheap loan on a car you can pay off quickly that’s already depreciated.
There aren’t many new cars that excite me but there are decades of good ones out there so it depends on your needs.
I’ve done all sorts over the years and I don’t think I’ll go back to PCP.
There aren’t many new cars that excite me but there are decades of good ones out there so it depends on your needs.
I’ve done all sorts over the years and I don’t think I’ll go back to PCP.
There’s no right answer, it depends entirely on the individual.
I like driving a lot of cars and change them frequently, at the moment I’m doing it without finance but I have had cars on finance in the past. It doesn’t make me feel any different about them, but then I’m not very materialistic and don’t give two hoots about how other people fund their lifestyles, or indeed what their lifestyles are.
I like driving a lot of cars and change them frequently, at the moment I’m doing it without finance but I have had cars on finance in the past. It doesn’t make me feel any different about them, but then I’m not very materialistic and don’t give two hoots about how other people fund their lifestyles, or indeed what their lifestyles are.
Dog Star said:
I suspect any "warm and fuzzy" new car feeling will be as nothing compared to your smug sense of "achievement" about owning a used one.
The way it goes on here.
I merely try and live within my means, nothing smug intended,The way it goes on here.
I'm in NE Scotland and the amount of decent cars going about day to day is very high but with the recent downturn in the oil industry there has been a multitude of high end stuff returned to the dealers, dare I say it but your getting a half decent deal nowadays.
eck c said:
I'm a bit old fashioned when it comes to buying things, as in if I don't have the cash I wont get it and the same applies to any cay I have owned. Now whatever is sitting in my driveway may not be special by PH standards but there is a certain sense of achievement seeing what you have bought and paid for.
Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
Why not just a bank loan? Unless its a brand new car, its unlikely to be a lower interest rate on PCP or HP anyway.Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
I’ve got a car on PCP and I enjoy having it. It gets looked after just as much as if I’d bought it outright.
I don’t really get the smugness of people who buy cheap cars. I’ve nothing against cheap cars and would happily own something that cost less than a grand if insurance allowed but this whole “I own my car so I’m superior to you” is bizarre.
I don’t really get the smugness of people who buy cheap cars. I’ve nothing against cheap cars and would happily own something that cost less than a grand if insurance allowed but this whole “I own my car so I’m superior to you” is bizarre.
SAS Tom said:
I don’t really get the smugness of people who buy cheap cars. I’ve nothing against cheap cars and would happily own something that cost less than a grand if insurance allowed but this whole “I own my car so I’m superior to you” is bizarre.
More "look at what I drive" but pay a fortune a month for is fairly common in my area, so many conversations started with "what you driving now"b
hstewie said:

it's just buying a service.
This is how I view my lease car. Pick your budget, chose a car to fit it, it gets delivered to your driveway and off you go for 2 years. It's a bit annoying being forced to change cars at the end. Likewise it is a bit annoying having to constantly change broadband, mobile, electricity providers every year to get the best deal.Remember, whatever way you pay for a car, it is going to cost you money. Even if you have the cash, that cash has a value attached to it that may be put to better use. And if we were all thinking about it purely logically, we should be buying cars that have bottomed out on depreciation but are in good condition.
eck c said:
I'm a bit old fashioned when it comes to buying things, as in if I don't have the cash I wont get it and the same applies to any cay I have owned. Now whatever is sitting in my driveway may not be special by PH standards but there is a certain sense of achievement seeing what you have bought and paid for.
Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
Never fully own? You do own a car at the end of a hp agreement and you also own a car after completing all the payments on a pcp?? Of late I have been looking to replace my workhorse with a newer model on a HP agreement. So the question is this, if having a vehicle on PCP/HP/etc do you still have that feel warm and fuzzy feeling driving a car that you will never fully own?
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