Car finance while on benefits

Inactive

Pew_Pew_Pew_Lasers! wrote: »

Yes they can. They all can, they just have to learn how to wait.

Totally agree.:T

Clearly the OP, by her own admission has struggled before to pay finance, by her profile is still in debt, it is incredible to me that she is now considering going down the same route again.

Recipe for disaster.

lifesuckssometimes

MrsE wrote: »

However I cannot understand how people on benefits can afford to run cars or buy fairly good ones, cars are expensive to run

Buy a 1Lt Car Cheap fuel, tax, and insurance.

uktyler

What exactly do you need the car for?

Do you have to drive the kids to school?

Are the hospital appointments for your husband not reachable by public transport?

Is it not worth living without a car, and saving the money so you can buy one outright, or just rent one when you really need one?

Even a £5k car can break down, servicing is not cheap, and if your husband recovers but can't find work you will not be in a position to pay the finance.

elaina79

Soubrette wrote: »

Hi elaina - I have no advice on buying a car but I really hope you and your husband can get things back on track.

I have a friend who has bi-polar and even though she only has a crisis every 5 years or so she is finding it very hard to get a job with her medical history.

It's easy for other people to talk about getting jobs but unless they've been in your situation then they have no idea what a serious mental illness can do to people (and how they are perceived by others).

Good luck

Sou

Thank you, it's nice to know that people understand thats it's not easy. Most people make assumptions when it comes to mental health issues and there is still alot of prejudice around.

My husbands last crisis was last year and he has been setting himself little goals for the past 8 or so months which has helped him a great deal.
So far this year he has given up smoking, and now he is currently trying to pass his driving test. Once he has got through that he want's to try and get his part time job but has found something where he can work voluntarily for a while to see how things go.

He has been told by the hospital to keep himself busy and stay as motivated as he can but it's difficult to keep that going when he has his downers. I wish people would understand more how hard it is living with the condition and living with someone with the condition.

elaina79

anewman wrote: »

But how much would finance ordinarily add on top? Read through these forums and you'll see one instance of a £7k car turning into £14k for the full term of the finance agreement. That's hardly the way to buy a car.

At the end of the day finance isn't something that is given away free of charge - and it isn't pennies from heaven. They're not doing it out of the goodness of their heart. They're taking advantage of people unable to purchase something outright. It's got to be paid back with more on top. In the OP's situation their only options are probably only the high rate lenders or loan sharks, unless someone can provide details of a lender who will lend to someone who is unemployed and charge reasonable interest.

The only time the average person really can't avoid borrowing money is when buying a house - but no doubt OP gets housing benefit so this is not a concern to them. Luckily when buying a car you can get one for £500, which shouldn't really need any lending. The only reason you'd need a "new" car is to show off to the neighbours. And if you *really* can afford a new car, the cheapest way is to put away the money you would pay on finance into a savings account. That way the money works in your favour and not someone else's.

I am not going to be buying a new car though. Even if I had lots of cash and could buy a new car outright I still wouldn't as you lose money as soon as you sign that piece of paper.

I'm looking at a 4 - 5 year old car roughly, and have looked at many different types, but for me safety is the key. I could easily go out and buy a banger but I need to make sure my kids are going to be safe.
I have always had fords but the only ones that I have seen are the S-max and the Galaxy, but both are too expensive. The galaxy from what I have read has lots of issues with repairs like the air con so I have given up with that one.

Lemonade_Pockets

What about a volvo V70 these might fit three kiddy seats across and they have 4stat NCAP rating plus you can pick a decent one up for under £2000

the_devil_made_me_do_it

Hmm what an excellent theory. Pity it dosen't work like that in reality.

Pew_Pew_Pew_Lasers! wrote: »

Yes they can. They all can, they just have to learn how to wait.

Inactive

the_devil_made_me_do_it wrote: »

Hmm what an excellent theory. Pity it dosen't work like that in reality.

It does if you choose to wait, and not spend money that you don't have, and probably cannot afford to repay.

Pew_Pew_Pew_Lasers!

the_devil_made_me_do_it wrote: »

Hmm what an excellent theory. Pity it dosen't work like that in reality.

No of course it doesn't. But that doesn't change the fact that you are wrong, and that I am right.

the_devil_made_me_do_it

Pew_Pew_Pew_Lasers! wrote: »

No of course it doesn't. But that doesn't change the fact that you are wrong, and that I am right.

Keep kidding yourself