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Selling a car to payoff debts.........

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  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    Tell him about old BMWs. Excellent cars. Cheap and a lot of fun.
    Happy chappy
  • gibboking
    gibboking Posts: 226 Forumite
    He does love BMWs he has had 2 E320i. One was a convertable which was his biggest project. He had a full body kit out on it, lowered etc. I prefered it in it's original state but he loved it.
    Look atfer the Pennies and the ££££'s will care for themselves :money:
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    I used to be involved with burning money on cars. Now I enjoy the pleasures of "easy on the mind" car projects. Smile and save and still enjoy the driving part.
    Happy chappy
  • Oh Come Of It A Car Is Just That A Car As Long As It Gets You Out And About And Cheap To Run And Maintain Live With It Untill Things Get Better ,But Some On Here Are Talking As Though Cars Are There Children Good Grief Get A Grip If It Needs To Go For Cash Of It Goes,i Work My Wife Takes Care Of The Kids we down sized our car for two years Our Choice When They Are Both At School She Will Go Part Time we will get a car of our choice ,i Work With Men And Women Who Moan There Working All Hours Etc But these people have two Brand New Cars One Which Is A Flash Motor These People Put Cars Before There Kids( Ie Spending Time With them) Are These People So Sad its a car or am i missing something
  • gibboking
    gibboking Posts: 226 Forumite
    It's not just about the car.
    Yes he did sell it because we needed the money at the time, and yes it did help in the short term to pay mortgage etc but it didn't help get us out of debt.
    Not sure if you read all of the posting but cars were his life before He met me and he is a changed man now, since we have been in difficulty he has lost touch with friends who he used to be involved with via the cars, it was his whole way of life, how I met him etc etc.
    Yes it may sound pathetic to you, but to us it has had a bad effect on our lives, and has probably cost us more than if we had kept it, as we bought bangers in replace to get us from a to b but they all only lasted 6-8 months before needing extensive repairs (more than the cars are worth, so they were scrapped and we moved on to the next banger)
    Look atfer the Pennies and the ££££'s will care for themselves :money:
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Gibboking, I understand where you're coming from totally.

    I have no problem admitting that my car is "my second baby". I have a large circle of friends through car clubs, etc and before my child was born it was the largest part of my social life.

    Yes, to some it's just a "thing on 4 wheels that gets you from a to b", to others it's alot more than that - I love driving (sensibly ;) and I am passionate about cars.

    Each to their own I'd say. It'd be boring if we were all the same. However, I have managed to combine 2 yr servicing intervals, 40mpg mixed driving, cheap insurance with having a fun car to drive at the same time.
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
  • moxie_2
    moxie_2 Posts: 609 Forumite
    Well, mine has gone today. Felt a lump in my throat when the buyer drove it away, but I have a nice sum of money to pay into the building society tomorrow. And it's gone to a good home!
    Total debt May 2005 £83,232 :eek:
    Total Debt November 2009 £0! DEBT FREE!
    Proud to have dealt with my debts
    Official DFW Nerd Club member no. 028
  • yes sorry if ive offended but im sorry a car is that a car how can it be your life its ridiculous,get your self debt free then get what you want if they were friends just becouse of your cars etc why bother with them ?,i know a lot of people a reguard people as friends but be real i belong to a landrover club we meet once a month go off roading etc etc but i dont reguard them as friends just aquitencecs{sorry for spelling) etc come on get a grip car just that, every bodys different granted but its a piece of metal
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    I met a lot of genuine friends via a car club and then renting a workshop together. Nowadays I regard a car as a glorified washing machine, but it still has to give me driving entertainment.
    Happy chappy
  • Ali-OK
    Ali-OK Posts: 4,073 Forumite
    Part of the Furniture Debt-free and Proud!
    Aww ((hugs)) moxie. Hope the lump goes soon.

    Lone Ranger - No offence taken. I've made some close friends - I know what you mean about acquaintances - and there are plenty of those too! I've got the car that I want...no desire for anything else and it goes full circle to partly why I wouldn't want to part with it. Different priorities with a child too, so once the debt is gone, it's further saving for his future (he's got a good start with £2K under his belt and a bond that matures in 11 yrs time) alongside getting rid of the mortgage (6 years left on 1/3rd of it, 11 on the rest).

    TS - Yes, it's the actual driving I get pleasure from too.
    Back on the DFW Wagon:

    CC - £3,300 on 0% til 04/2020
    CC - £4,500 on 0% til 02/2019
    Loan - £12,063.84 as at 4/1/18
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