I tend to buy decent low mileage 3-4 year old cars for cash then run them until I'm bored and fancy something else to drive. When you spread the cost over the car over 5-6 years it's cheap as chips.
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Car finance vs depreciation
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...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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Originally posted by DimPrawn View PostDon't you end up paying the depreciation anyway, just spread over the term of the lease + interest?How fortunate for governments that the people they administer don't thinkComment
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Originally posted by sasguru View PostI like the smell of new cars so I buy new.
HTH
http://forums.contractoruk.com/gener...ml#post1459755
http://forums.contractoruk.com/gener...ml#post1089480
http://forums.contractoruk.com/gener...next-week.html
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Originally posted by DimPrawn View PostYep, seems you keep the British Motor Industry alive single handed.
http://forums.contractoruk.com/gener...ml#post1459755
http://forums.contractoruk.com/gener...ml#post1089480
http://forums.contractoruk.com/gener...next-week.html
Hard Brexit now!
#prayfornodealComment
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Originally posted by DimPrawn View PostYep, seems you keep the British Motor Industry alive single handed.
http://forums.contractoruk.com/gener...ml#post1459755
http://forums.contractoruk.com/gener...ml#post1089480
http://forums.contractoruk.com/gener...next-week.html
merely at clientco for the entertainmentComment
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Originally posted by eek View Postas the last car is a rebadged subaru and the others were other Japanese models I think the most we can hope for is that he kept a UK car dealer going for another day
I object to paying over the odds for marketing and extras for inferior products.
Of course people like Dim like stroking their "soft-touch" plastics when their car is in the garage for fixingHard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostI like the smell of new cars so I buy new.
HTH
It would work out cheaper to use some powerful air freshener, like Ozium
Or liquid leather air freshenerWork in the public sector? Read the IR35 FAQ hereComment
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Originally posted by OwlHoot View PostSo not long after you buy one it starts smelling of unadulterated Sas?Hard Brexit now!
#prayfornodealComment
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Originally posted by Jog On View PostIf you were to buy a new car in the next month or so would you pay out a lump sum to buy it outright or get a financing deal?
Would you get a loan? Hire purchase? PCP?
Done a Personal leave (not HP or PCP) as I don't want to pay BIK tax on a car I hardly use. Train is faster and I get to sleep/google.
By my calcs its' cheaper than buying as the depriciation figures are not what you actually get when selling (bend over at the stealers and take £1500 less than Parkers says! or try and sell through autotrader and get £500 less than your best price!) , and don't include the repairs and servicing you add extra on top. Dont forget the lease companies get some good discounts from the manufactures.Signed sealed and delivered.Comment
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