Apple Macbook monthly payments.

[Alexx..]

I want a macbook for school and things but I can't afford it all at once so I saw the monthly payment things and I can afford that every month so I was wondering if it's worth it? If not why? The only downfall I can think of is the interest that i'll be paying more than the original price in the long run.
I know you have to be over 23 to get it and stuff I'll just get my mum to put it on her credit card etc.

[jimi]

Depends, whats the intrest?

+ get cashback from quidco

[-Danube-]

It's a 36 month contract at 15.9% APR.

So for the basic Macbook which is £816. Your gonna be paying back £28.24 a month which is £1016.64 in total after the 3 years is up. Bare in mind you can buy a macbook pro for around that amount (i paid £1200 for mine through education store). I saved up for like a year from my job and exam result money. I think it's best just a pay the whole lump sum. Why not be extra extra nice to your mum. If she has the money to buy it on her credit card and pay it off immediatly to avoid paying interest, you could then just pay her back and avoid paying too much for something.

[Stephen!]

You have to think about it. In 2 years time, do you still want to be paying for something that is outdated?

[Jordy]

It's a 36 month contract at 15.9% APR.

So for the basic Macbook which is £816. Your gonna be paying back £28.24 a month which is £1016.64 in total after the 3 years is up. Bare in mind you can buy a macbook pro for around that amount (i paid £1200 for mine through education store). I saved up for like a year from my job and exam result money. I think it's best just a pay the whole lump sum. Why not be extra extra nice to your mum. If she has the money to buy it on her credit card and pay it off immediatly to avoid paying interest, you could then just pay her back and avoid paying too much for something.£200 interest isn't that bad on something costing £800. It'd probably be worth it if you really can't afford to pay for it at once.


You have to think about it. In 2 years time, do you still want to be paying for something that is outdated?Meh you take that risk with all technology, whatever you buy is going to be out-dated soon enough and even if he spent £1k on it right now, it's still going to be out-dated soon enough. It's pretty much the same with mobile phones.

[Stephen!]

Meh you take that risk with all technology, whatever you buy is going to be out-dated soon enough and even if he spent £1k on it right now, it's still going to be out-dated soon enough. It's pretty much the same with mobile phones.

Not really, because if you think about it you will still be paying £28.24 a month on something you would have already replaced.

[MattFr]

General rule is if you can't afford it, don't buy it. Credit is baaad.

[Grippz]

I wouldn't bother

[Recursion]

As Stephen said, in 2 years you don't want to still be paying for outdated technology, buy it all in one lump. Luckily Macs generally hold their resale value so you could sell it and upgrade fairly cheaply whenever you wanted to :)

[Adamm]

I have this 27 inch iMac on finance but my parents are going to pay for it and I'll just pay them.

It'll hold it's value pretty well so whatever happens it'll be reet.

[Alexx..]

I'm not really bothered about "outdated technology" i'll be happy with the mac for as long as it lasts, I just want one for school/work and stuff like that.

Adamm would you reccommend the finance thing then?

[The Professor]

If price is that much of a bother to you get a windows machine. Why do you need a mac?

[Alexx..]

If price is that much of a bother to you get a windows machine. Why do you need a mac?

Didn't say I needed a mac but my next laptop will be a mac, i've had it with windows.

[Colin-Roberts]

why not see if you can get a shorter term , then you have best of both words kinda

[Blinger$]

General rule is if you can't afford it, don't buy it. Credit is baaad.
How many people buy cars on finance? so many, i know its not exactly a computer but this statement is crap.

[MattFr]

How many people buy cars on finance? so many, i know its not exactly a computer but this statement is crap.

If you have a problem with respecting my opinion, it's probably not worth posting.

Just because people get cars on finance, doesn't mean people don't default. Trying to argue that credit is good when thousands of people lose their homes a yearly, PURELY because of credit, is pretty pointless. I know it can be good sometimes, but it should be avoided.

[Adamm]

If you have a problem with respecting my opinion, it's probably not worth posting.

Just because people get cars on finance, doesn't mean people don't default. Trying to argue that credit is good when thousands of people lose their homes a yearly, PURELY because of credit, is pretty pointless. I know it can be good sometimes, but it should be avoided.
One word: mortgage.

[MattFr]

One word: mortgage.

I'm glad you're taking part in this debate, but I was actually talking about loans that are secured against your home, as many are.

[Recursion]

I'm glad you're taking part in this debate, but I was actually talking about loans that are secured against your home, as many are.

As your mortgage is you mean? :S

[The Professor]

Two points:

1. LOL well played Tom :)


If you have a problem with respecting my opinion, it's probably not worth posting.

Just because people get cars on finance, doesn't mean people don't default. Trying to argue that credit is good when thousands of people lose their homes a yearly, PURELY because of credit, is pretty pointless. I know it can be good sometimes, but it should be avoided.

Way to contradict yourself kiddo :)

[MattFr]

Two points:

1. LOL well played Tom :)



Way to contradict yourself kiddo :)
I'm not contradicting myself, kiddo. As I'm sure you know, credit with a high APR, oh wait, just like this situation, is bad bad bad because you end up paying way more than you thought, you end up not being able to afford it in the end, even though you think you could, and it can lead to trouble. I'm not sure I should bother telling you when credit is good, because you obviously know it all, but when you find a finance deal on 0% APR, you can pay it off in instalments, keeping the money in your bank, earning interest on it.

Of course, you already knew that though, so I probably shouldn't have wasted my time.

[The Professor]

I'm not contradicting myself, kiddo. As I'm sure you know, credit with a high APR, oh wait, just like this situation, is bad bad bad because you end up paying way more than you thought, you end up not being able to afford it in the end, even though you think you could, and it can lead to trouble. I'm not sure I should bother telling you when credit is good, because you obviously know it all, but when you find a finance deal on 0% APR, you can pay it off in instalments, keeping the money in your bank, earning interest on it.

Of course, you already knew that though, so I probably shouldn't have wasted my time.

You got that right :)

[MattFr]

You got that right :)

Oh well, atleast I tried getting something into your arrogant mind.

[AgnesIO]

Think you r getting confused on who is the arrogant one actually tbh

[MattFr]

Think you r getting confused on who is the arrogant one actually tbh

Really? Thanks for your opinion.

[AgnesIO]

Really? Thanks for your opinion.

My pleasure.

[bigdavecox90]

It's never worth the monthly payments mate.

I took my iMac on 6 months interest free. It cost me £949 in total as I paid before end of the 6th month.

If I had started monthly repayments for it, it worked out at a total of £1400.