Cars on finance

[danzooo]

That seems kinda average How many months/years is that in that for in total?

well considering they're about £55k, about 7 years...

[Starburst..x]

For £650 a month you better hope your job is pretty damn stable!

[benjamin]

i got my car on finance. 2008 black corsa, £165 a month for 4 years. all in all the interest is like £1.2k?
i've had it nearly a year.

[AgnesIO]

never have and hopefully never will get a car on finance. I'm on to my 4th car now and I've paid for them all with hard earned wages. I can't stand it when people who have no interest in cars whatsoever get a brand new car off mummy and daddy either.

So.. jealousy?

---------- Post added 26-01-2011 at 10:18 PM ----------

Before I get slaughtered..

I am not saying I agree with parents spoiling their kids with things like cars - my parents would never contribute unless I went half. However, at the end of the day it is jealousy!

[Jin]

Not yet but when my credit rating starts ticking over I'll get a Range Rover on finance, only something like £650 a month.

Good luck with getting that insured in east london.

I never looked into getting a car on finance with my first 3 cars I always assumed that I would never have passed credit checks . I am surprised to see so many people who have cars on finance. If you are a new driver I wouldn't recommend getting a brand new car.

[GommeInc]

Good luck with getting that insured in east london.

I never looked into getting a car on finance with my first 3 cars I always assumed that I would never have passed credit checks . I am surprised to see so many people who have cars on finance. If you are a new driver I wouldn't recommend getting a brand new car.

Why not, out of interest?

[danzooo]

Why not, out of interest?

Make a lot of daft mistakes when you first pass, night after I passed i kerbed **** out of one of my alloys parking when dropping a mate off... don't want to ruin a brand new car doing stuff like that

[tdi]

So.. jealousy?

---------- Post added 26-01-2011 at 10:18 PM ----------

Before I get slaughtered..

I am not saying I agree with parents spoiling their kids with things like cars - my parents would never contribute unless I went half. However, at the end of the day it is jealousy!

No, it's not jealousy. I've been brought up to earn my way in life. Yes, my parents have money but I don't get things handed to me on a plate. I work for a living and thus have money to buy what I want. I get annoyed when 'Little Miss I have no interest in cars, drive on my phone, still attempt to drive after a drink and have no care in the world other than how much my clothes cost and spray tans' gets literally given a car by mummy and daddy, which of course is brand new because 'only the best for my little girl' when in reality she'd only go and drive it into kerbs and reverse into things, thus ruining the car.
Think about it, £11k for a brand new poncey little city car, when you could buy a 6 year old car for a fraction of that price, yet still retaining the same safety features. It's not like she'll care, anyway.

[Jin]

Why not, out of interest?

Because the majority of newly passed drivers are crap, I mean granted you only get better from experience but most new drivers mindsets is that they are the greatest driver in the world.

Here is a list of damages that occurred in my year alone at 6th form (77 students).

• Scratched alloys (I think gouged would be a better term as these wouldn't go unnoticed, usually from kerbs)
• Scratched paintwork (Brickwalls, branches, bollards, lamp posts, other cars, gates)
• Busted suspension, wishbones, bearings, axles (Reckless driving on speed bumps)
• Dents (Brickwalls, trees, bollards, lamp posts, other cars and buildings)
• Broken exhaust systems (too many people in a car combined with speed bumps)
• Broken wing mirrors (drive ways, car parks, parallel parking, width restrictions especially at fast food drive-thrus)
• Damaged interiors (Transporting too many people, drunk people, stupid people)
• Write offs (Roundabouts, traffic lights, give ways, corners, one kid managed to write off 4 cars in the last 3 years of which 2 in year 13).

I was always a careful driver as I relied on my car for commuting 100's of miles to work but even so I wouldn't recommend a new car. Frankly even if I had a new car I wouldn't have taken it to school or college as you can trust your own ability to drive but you can't trust other peoples.

[GommeInc]

Make a lot of daft mistakes when you first pass, night after I passed i kerbed **** out of one of my alloys parking when dropping a mate off... don't want to ruin a brand new car doing stuff like that

So basically it's unwise to drive to have a new car when you've passed? It's hard to say what I think when looking into it. If you damage the car, it is your fault and no one elses but that only really works if you pay for the car, rather than your parents. If the parents have the money to spend then on their head(s) be it, if their son or daughter smash up the car then it's probably their fault for paying for it

I wouldn't call it jealousy, when a newly passed driver gets a new car, it's just potentially unwise for those with forward thinking. I'm sceptical when people get brand new cars because if there is an accident it seems wasteful, especially when a new car means you're more likely to own it longer (an older car tends to stay the first 3 years, assuming you're 17 or 18).

Because the majority of newly passed drivers are crap, I mean granted you only get better from experience but most new drivers mindsets is that they are the greatest driver in the world.

Here is a list of damages that occurred in my year alone at 6th form (77 students).

• Scratched alloys (I think gouged would be a better term as these wouldn't go unnoticed, usually from kerbs)
• Scratched paintwork (Brickwalls, branches, bollards, lamp posts, other cars, gates)
• Busted suspension, wishbones, bearings, axles (Reckless driving on speed bumps)
• Dents (Brickwalls, trees, bollards, lamp posts, other cars and buildings)
• Broken exhaust systems (too many people in a car combined with speed bumps)
• Broken wing mirrors (drive ways, car parks, parallel parking, width restrictions especially at fast food drive-thrus)
• Damaged interiors (Transporting too many people, drunk people, stupid people)
• Write offs (Roundabouts, traffic lights, give ways, corners, one kid managed to write off 4 cars in the last 3 years of which 2 in year 13).

I was always a careful driver as I relied on my car for commuting 100's of miles to work but even so I wouldn't recommend a new car. Frankly even if I had a new car I wouldn't have taken it to school or college as you can trust your own ability to drive but you can't trust other peoples.

That's quite a lot of damage for 77 people, although scratched paintwork is a norm for anyone really, assuming you live in the country