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 In 2 years time, do you still want to be paying for something that is outdated?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 In 2 years time, do you still want to be paying for something that is outdated?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.