Government to offer loans to buy cars

mummytofour

Who in their right mind would buy a new car anyway? Other than motorbility and Avis of course.

Wookster

StevieJ wrote: »

I take it you were not one of the clowns on here that think intest rates should go up :eek:

Now? No though from a purely selfish perspective I'd like to see a better return on my savings and I think that a higher return would incentivise people to save rather than spend and take on debt.

What is beyond doubt is that interest rates should have been a good 1-2 percentage points higher, possibly even more. We might not be having this conversation now had that been the case.

SingleSue

I still like my £461 car purchased from ebay nearly 18 months ago......

I have only ever had finance once for a mode of transport, a brand new motorcycle way back in 1988, a fair bit cheaper than finance for a car though!

Some days I think I would like a brand new car, never had one but then with 2 autistic kids, it's probably not advisable.

debralee_2

I always thought that having a car was a luxury not a right!

SingleSue

debralee wrote: »

I always thought that having a car was a luxury not a right!

I would agree although sometimes it is a neccessity..like in my case.

* It really is by the way, disabled kids can't quite walk the near on 4 miles to school.

Cleaver

debralee wrote: »

I always thought that having a car was a luxury not a right!

With the state of public transport in this country it is often simply just 'essential' for a lot of people that want to get to and from work.

SingleSue

Oh and that too!

mower5

hearts wrote: »

It's Capitalist greed gone berserk that has caused this mess. How can anyone possibly blame this on the government? Had it not been for a good old socialist buyout where would we be now. ;-)
Anyway, my point was merely that both the Tories and Labour are much of the same thing now. One moved to the left and the other to the right and met in the middle. Whoever it is they have a job on their hands ;-) Personally I don't think it matters much.

The failure to regulate investment & high street banks is Browns baby. He designed & oversaw the system that failed.
I can understand your 2nd point, my aguement is that a fresh cabinet of whatever colour may see new opportunities and be less tied down by old decisions

dad-of-4

i can tell you now, if me and the kids are going to be paying for this anyway, then im damn well gona have a new car if i can get one

StevieJ

Wookster wrote: »

Now? No though from a purely selfish perspective I'd like to see a better return on my savings and I think that a higher return would incentivise people to save rather than spend and take on debt.

What is beyond doubt is that interest rates should have been a good 1-2 percentage points higher, possibly even more. We might not be having this conversation now had that been the case.

I just love asking 'Have you stopped beating your wife - answer yes or no' type questions