Car sales go up for the first time in 15 Months.

Really2

Jennifer_Jane wrote: »

I'm loving the car and depreciation is not a problem, as I shall also keep this for a decade or so!

Jen
x
PS - I fit the Kennyboy profile - am 62.

You fit my profile too retired or nearly retired (or frugal) with an old car and the money and the opertunity to buy a brand new one.

Good on you.:T

Graham_Devon

Oh stop it Really.

I stated I would guess.

I also stated it would be harder to get an unsecured loan. A secured loan is a completely different kettle of fish.

I am now leaving this convo as you are simply twsiting what I am saying yet again.

Really2

Graham_Devon wrote: »

Oh stop it Really.

I stated I would guess.

I also stated it would be harder to get an unsecured loan. A secured loan is a completely different kettle of fish.

I am now leaving this convo as you are simply twsiting what I am saying yet again.

Really I thought you need a good credit rating and the ability to pay it for both.
The only difference is that the finance company can repo your car on default but for usualy less than it is worth.

Not twisting, just repeating.:rolleyes:

pickles110564

Graham_Devon wrote: »

My thoughts in response:

A) Most people who run around in over 10 year old cars do so for a reason, not for fun. Those people often will not be able to get a loan for 6-8k at other places as it's not a secured loan.

Dear Graham,

I ran around in my 10 year old car because it was very practicable and still has got its power.
They gave me an unsecured loan. Dont guess peoples circumstances do research and dont be afraid to admit that you are wrong dear boy!

mr.broderick

Slinky wrote: »

We bought a 'new' car in July (picking it up on Sunday :-) ). One year old, 6k on the clock, new price last year £21K, we've paid £11K for it. Ex Vauxhall management Astra.

Can't justify buying new when you can get nearlynew so much cheaper.

I always said that nearlynew character was cheap.

lostinrates

We just got reallyquiteold and its not even that cheap

roddydogs

Graham_Devon wrote: »

I wouldn't be happy to say that at all.

I would guess that over 95% of the scrappage scheme is made up of new cars bought on finance.

I can't really see why someone with cash in the bank reading to buy would run around in a 10 year old car and then jump at the chance of trading it in for a new car.

They could have sold their car at any point they wished and bought another one at any time they wished. So fail to see how the scrappage scheme would have made them think "ohhhhh, great deal" - yet they didnt think this 6 months before hand when dealers were knocking up to 20% off prices just to make a sale when cars were piling up in the docks.

Everyone knows it's not a great deal, and car dealers have been giving you a guarenteed 1k for your ca as long as I can remember.

Try getting even £1k off a small Huyundai, without scrappage, then post back here when youve succeeded.

ad9898_3

StevieJ wrote: »

Very good news.

Why is it ?, it's fake using borrowed money, a guy was on C4 news from the car industry, he said without the stimulus sales would be 19% down YoY, and when the money runs outs sales will plunge again.

So basically what the government have done is borrow money and sink the country into more debt, to encourage people to borrow money and get into more debt..... genius !!

How is this good news ?

FungusFighter

pickles110564 wrote: »

Dear Graham,

I ran around in my 10 year old car because it was very practicable and still has got its power.
They gave me an unsecured loan. Dont guess peoples circumstances do research and dont be afraid to admit that you are wrong dear boy!

You got the Aygo then mate?

How's that working out for ya?:D

Your right, a man of property like yrself deserves a car with some status (:rotfl::rotfl:)

mewbie_2

pickles110564 wrote: »

They gave me an unsecured loan.

You borrowed MORE money? Jesus Pickles, you have nerves of steel.