Cars

[AtW]

Could be worse

http://forums.contractoruk.com/gener...ighlight=copen

I think Milan sets contractors lowest common car denominator

[sasguru]

Could be worse

http://forums.contractoruk.com/gener...ighlight=copen

I bought a Toyota Aygo in the end.

[Bagpuss]

The Z4 coupe is the other car on my list actually, the slightly cheaper option:

http://www.diseno-art.com/images/200...ncept_rear.jpg

4k on insurance is nuts, the insurance comapny are basically getting you to underwite yourself. Get something reasonable, earn some NCB then buy a nice car.

[DimPrawn]

Why?! Am I detached from reality, as I'm missing what I've said which is so crazy.

Remember contract hire is not buying outright, its about £480 per month on a Cayman with a good deal. It's also smarter than outright purchase when you consider depreciation.

Are you sure you've read the small print? I.e £10K deposit required, then £480 a month and at the end you can hand it back (and lose your deposit) or buy it (for another £10K on top).

[Bagpuss]

I bought a Toyota Aygo in the end.

That's almost an anagram of
oo gay boy tat

[Charles Foster Kane]

4k on insurance is nuts, the insurance comapny are basically getting you to underwite yourself. Get something reasonable, earn some NCB then buy a nice car.

Yes, you are right, that would be the sensible route. But I am trying not to be sensible, my dream car is within reach and I am very tempted to tax myself an extra 2k odd on insurance over a sensible car..

One day the geek shall inherit the earth...

[Charles Foster Kane]

Are you sure you've read the small print? I.e £10K deposit required, then £480 a month and at the end you can hand it back (and lose your deposit) or buy it (for another £10K on top).

It's a 3 month deposit up front I believe, after 2 years the contract ends and you can choose another shiny new car.

All in all I worked it out at 10k for the car and insurance for one year, which I think is reasonable for a Cayman straight from the factory, no?

Contract hire is definitely the way forward in my eyes.

[Bagpuss]

It is with many cars, but a porsche doesn't depreciate like most cars, if it's properly specced anyway. All contract deals on Porsche will be worse than the 2/3 year depreciation hit.

[sasguru]

That's almost an anagram of
oo gay boy tat

Unlike you my masculinity and identity is not tied to what car I drive.

PS. Have you decided which car you are going to "invest" your life savings on, yet?
£35K will get you something decent I'm sure.

[Charles Foster Kane]

It is with many cars, but a porsche doesn't depreciate like most cars, if it's properly specced anyway. All contract deals on Porsche will be worse than the 2/3 year depreciation hit.

You're right, German cars generally don't depreciate as much. But that's the advantage to contract hiring them, cars that depreciate quickly cost more to contract hire.

If you bought it, it would cost you more to sell and switch to another brand new car when you have had enough of it I reckon. With contract hire you can order a new car at the end of the contract with a phone call.