Cars

[Bagpuss]

I'm saving up for one of these boys, 0-60 3.5 seconds, 200 mph <60k

unbelievable

http://www.trustedlog.com/wp-content...ssan-gtr-b.jpg

[DimPrawn]

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.

Stick the deposit money on a BTL.

Use the £480/month to subsidise the rent.

Sell in 3 yrs time and buy the Caymen outright witht he massive rise in equity.

He who dares Rodders.

[Charles Foster Kane]

I'm saving up for one of these boys, 0-60 3.5 seconds, 200 mph <60k

unbelievable

http://www.trustedlog.com/wp-content...ssan-gtr-b.jpg

Pretty nice, goes like the clappers and has Japanese reliability. Can't vouch for the safety factor though, German cars are pretty good for that.

[Bagpuss]

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.

If you've just started driving then why start with a fairly high performance car?
Your skills won't be up to the amount of power. Hone your skills on something that doesn't matter if you scratch, bump or write it off.

IMHO

[sasguru]

I'm saving up for one of these boys ...

Note the gay Freudian slip ...

[Charles Foster Kane]

Stick the deposit money on a BTL.

Use the £480/month to subsidise the rent.

Sell in 3 yrs time and buy the Caymen outright witht he massive rise in equity.

He who dares Rodders.

Your plan is relying on a lot of unknown factors though isn't it? The Cayman will cost me one month's pay not including tax, which isn't too bad when I look at it in man hours. Already have enough stress with my limited company, without getting involved in more paperwork.

[Charles Foster Kane]

If you've just started driving then why start with a fairly high performance car?
Your skills won't be up to the amount of power. Hone your skills on something that doesn't matter if you scratch, bump or write it off.

IMHO

Again, you're right. I have access to a small hatchback that I am going to drive about for a few weeks first until I feel comfortable.

[DimPrawn]

Again, you're right. I have access to a small hatchback that I am going to drive about for a few weeks first until I feel comfortable.

You will end up with a ban from driving or worse end up an organ donor.

Stick to a Passat. They are uber cool.

[sasguru]

Stick to a Passat. They are uber cool.

Yes especially the grey diesels, like Milan's.

[Charles Foster Kane]

What model/version of Passat are you speaking of?