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Sold my Car!
Cantdance_2
Posts: 200 Forumite
Well since coming on here about 6 weeks ago I've really changed my attitude to money and one of the first things I identified was that spending £150 a month on a nice new car was really not a priority...
So I decided to sell it, and as of today I have done so and no longer owe the £5,500 I did this morning!
So it's farewell nice new Peugeot 206 and hello old Renault Clio which is costing me nothing a month and has cheaper insurance and petrol costs!
Now that's good money saving!
Got to thank this site, before I came along we were overspending every month by about £450, yes, that's £450 more going out than coming in...
Now we are just about even and things are going to get better.
Just had to share!
James
So I decided to sell it, and as of today I have done so and no longer owe the £5,500 I did this morning!
So it's farewell nice new Peugeot 206 and hello old Renault Clio which is costing me nothing a month and has cheaper insurance and petrol costs!
Now that's good money saving!
Got to thank this site, before I came along we were overspending every month by about £450, yes, that's £450 more going out than coming in...
Now we are just about even and things are going to get better.
Just had to share!
James
Total Debt: Owe about £19,000 on credit cards plus £24,000 which is my half of joint loans.
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Comments
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Hope you like the Renault Clio, they are nice little cars... Well Done:beer: Keep your Chin up.. it can only get better :beer:
I'm one of those people who was born to have money, but I just don't have any!0 -
yes well done keep it up i down sized car i cant believe what i used to pay for a flash motor as i become debt free i suppose i will go back to the flash motor but it will be paid for and not new0
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Well done James.
That must have taken a fair bit of willpower but bet you re relieved now.
Well played!
x0 -
Well done James, its funny cos when you start 'living' MSE, you are more prudent with your spending and money, always on the look out for better deals and hardly ever pay full prices for things. I am a sucker for 'yellow stickers' in shops (sale/reduced) and scan the shops as soon as I walk in. My mates think i'm crackers, but I get all the best deals and they're just jealous lol!!0
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great stuff - well done
must say, when i have a look on the loans board and people post threads like 'want a new car - best loan' etc etc it makes me cringe Debt at highest £16k+
Debt at lightbulb moment £14,800
Current debt £6336
Cleared £4206 in November 05 How ? Bye Bye PPI0 -
I wish I had my Clio!
Well Done !Just owe Dad £2500 for a new car
:A
Paid off car loan 22nd August 2009. :T0 -
well done! I to did the the same last year selling my sierra cosworth which was costing £140 to insure a month and £50 a week to work and back and sold it to get a £700 citroen zx which is £36 a month insurance a £40 a month petrol which = massive savings and no more points on my licencse.Official DFW Nerd Club - Member no. 058 - Proud to be dealing with my debts
DMP Mutual Support Member 354
DFD 2021 :mad:
Loans= £10000 C/C=£5000 Family= 18000 :eek:0 -
brilliant one!! When I see what people here spend on cars, its sometimes that crazy finance thats the tipping point! Well done you for downsizing, clios are very relaible little numbers I believe, hardly use any petrol and plenty of "parts" about should you ever have the misfortune to need one
Happy driving xx:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Thanks everyone!
Yes it's a nice little car actually, not much wrong with it and surprisingly comfortable for an 'R' reg.
To be honest it could be a tank and I'd be happy as long as it got us to work and back (yes, the wife and I carshare as well which saves money and gets me a £2 a day bonus from work!)
:j
Now watch me resurrect this thread in August when the MOT's due and moan about having an old car...
JamesTotal Debt: Owe about £19,000 on credit cards plus £24,000 which is my half of joint loans.0 -
Cantdance wrote:Now watch me resurrect this thread in August when the MOT's due and moan about having an old car...
James
James I thought I'd have to shell out loads for my MOT,the sierra before I sold it cost me £500 to get through and I bought the citroen without an MOT and it cost me £65 last year and £30 this year Official DFW Nerd Club - Member no. 058 - Proud to be dealing with my debts
DMP Mutual Support Member 354 DFD 2021 :mad:
Loans= £10000 C/C=£5000 Family= 18000 :eek:0
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