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how did every one buy there car

Saved up and everything paid for outright.
Loans suck ass.
 
part savings part bank loan

i was always sure that the car was higher value than the loan - so if anything ever happened i could clear my debt
 
insurance money.

My gti got paint stripped and written off :(

plus side, i paid 2k for it, got 3900 for it! paid £4k for my ph1.
 
dunlop said:
insurance money.

My gti got paint stripped and written off :(

plus side, i paid 2k for it, got 3900 for it! paid £4k for my ph1.
Click to expand...

robbed ;)

bank loans arent bad new thats pish. you always own the car.
finance is bad news but if people need a car and can afford it then no problem.
saved for my last car and bank loan before that.
 
Some of it was saved money plus what I had from my old car then I borrowed some from my mum as she didn't want me getting a loan
 
A mixture of saving up and a birthday present. Cut my big nights out to just once a week instead of two/three nights. Its amazing how much you can save up by just going to your local instead of clubbing in town really. Its easy to spend over £100 on a Saturday night whereas at my local I end up spending £40 tops, even with a few rounds in!
 
Part ex-d the Corsa and paid the rest with a Loan.

Didnt go through bank tho, went through AA as they had a better rate
 
Bank loan of 6k on the vee, sold the williams, so had 3 remaining paid that off in a few months...just done the same with the 172, infact i bought that on my overdraft...

Why wouldn't you use the banks money??! Control is much more ownerous then!! Fcuk using finance.
 
I bought my 172 with £5k hard cold cash in Feb 08. I then sold my old reliable 1.4 1998 Ibiza for £1.1k.

Cash was originally saved to put towards a house, with the recent house price crash I think I made the right choice.
 
cash*


*which my insurance money gave me for writing my mini off...
 
AR said:
Bank loan of 6k on the vee, sold the williams, so had 3 remaining paid that off in a few months...just done the same with the 172, infact i bought that on my overdraft...

Why wouldn't you use the banks money??! Control is much more ownerous then!! Fcuk using finance.
Click to expand...

amen to that scottish
 
I made use of the bank of dad + money from selling the Polo and it's associated bits. I've got a few years to pay him back and he's easier to deal with than a bank. Only this week I sold a Quaife differential for more than I paid for it, good times.
 
I bought mine on my credit card, and only pay the minimum payment each month. I now owe more than I bought the car for.

Oh well.
 
Nothing wrong with finance really, especially if you got it more than 6 months ago when interest rates were lower on loans
 
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