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Debate House Prices
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Is It A Good Time To Buy?
Comments
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We've got a Dyson washing machine that has two drums that roll in opposite directions to each other. For some reason the warantee never seems to expire, so we never pay for repairs.
Huge blimmin thing dominates our kitchen though and I'd love to sell it on. Any takers?Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
I think the point on hire is a valid one as in the past electrical goods were that expensive (compared to wages) that to keep up with the jones or have a mod con hire was the best way.
Basicly if you couldn't afford to buy it outright, hire it.
But as prices came down, (and second hand values) the hire firms disapered.0 -
How much do you want for it? Where do you live? Has it really got a lifetime warranty?Dithering_Dad wrote: »We've got a Dyson washing machine that has two drums that roll in opposite directions to each other. For some reason the warantee never seems to expire, so we never pay for repairs.
Huge blimmin thing dominates our kitchen though and I'd love to sell it on. Any takers?0 -
justpurchased wrote: »Basicly if you couldn't afford to buy it outright, hire it.
.
Exactly! Back to where we started and house prices.0 -
lostinrates wrote: »Exactly! Back to where we started and house prices.
there is always HP;)0 -
justpurchased wrote: »Average TV will now last 10Y+
Our TV is a basic, 16 inch model, bought in 1990. Still works fine!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
justpurchased wrote: »there is always HP;)
Which, unless you could get at 0% interest is pretty well worth avoiding in the majority of lifestyle enhancing things.....if you are going for money saving. Perhaps one might really advocate, saving up until you can afford it....or waiting til prices come down?;)0 -
Dithering_Dad wrote: »But what if there is a glut in white goods and their price crashes once I buy. I'd feel a right fool. Better to make do with the local stream, a large flat stone and some lye soap than buy a depreciating asset like a washing machine.
My plan is to stick with the stone/stream combination for two years and then I'll check out the market again to see if it has bottomed out. Anyone who does anything different to this is an idiot.
There is an alternative, namely rent a washing machine for the next 2 years, and then buy one. It just so happens that the cost of renting is less than the instalments you'd pay on a loan to buy one, and someone else is responsible for maintenance.No reliance should be placed on the above! Absolutely none, do you hear?0 -
justpurchased wrote: »Depends what you buy Miele are ment to be a lifetime washer.
But if you buy one for £200 what is the point of reparing it for £190 that is the way technology goes. If they cost at least £1K a lot more people would get them fixed.
We've had the same Miele washing machine and tumble drier since 1998. So far, they have not gone wrong once. Family of 7, at least one wash a day, etc.No reliance should be placed on the above! Absolutely none, do you hear?0 -
There is an alternative, namely rent a washing machine for the next 2 years, and then buy one. It just so happens that the cost of renting is less than the instalments you'd pay on a loan to buy one, and someone else is responsible for maintenance.
:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
Sometimes, subtleties of argument really aren't clear on a discussion board, eh?:o
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