Need £11,000 loan for a car

nicnacnoo

ILW wrote: »

I have just noticed that as far as I can see "nicnacnoo" has thanked every post on this thread.

lol, i do it automatically now so i know where im up to ha ha :rotfl::rotfl:

Gillianh2

Well maybe the OP has purchased the car as today I was sitting in traffic and looked to my right and there was a BRIGHT YELLOW SEAT in the next lane:rotfl::rotfl: I was laughing like a drain to myself and the other drivers must have thought I had lost the plot:rotfl::rotfl: Then again it was 7.45am and as I'm female they probably thought it was par for the course:A:A

Gillianh2

ILW wrote: »

I have just noticed that as far as I can see "nicnacnoo" has thanked every post on this thread.

Now I thanked you as well:rotfl::rotfl::rotfl: Especially as you like Jeremy Clarkson as so do I. He is very witty and beneath that gruff exterior seems like a really nice Man.
I read somewhere that he was buying his Mum a new car and he was thinking what her fav colour was, he then realised she always wore a pale pearly pink Nail Varnish and so he had a her a Car in that colour:A The colour might not be everyones taste:rolleyes: but how touched must his Mum have been.:A

Hillfly

Did you buy the car OP?
If not did you try drivethedeal or dealdrivers - some very good new car prices to be had - you can spec them as you want.

Clive_Woody

auntymabel wrote: »

On the plus side, it would be very easy to find in a car park.

My MIL has a yellow VW Beetle that she bought for that very reason.

Inactive

Gillianh2 wrote: »

Now I thanked you as well:rotfl::rotfl::rotfl: Especially as you like Jeremy Clarkson as so do I. He is very witty and beneath that gruff exterior seems like a really nice Man.

He isn't witty, his script writer may well be, he is a plonker.;)

dfh

I can't believe this thread is still going.

ILW

Inactive wrote: »

He isn't witty, his script writer may well be, he is a plonker.;)

Think he writes most of his own stuff. He was an established journalist for years before becomming a TV presenter.

Dinah93

OP - if he has £21k in savings he needs to use these. If he has a £11k debt and is walking in with £21k as a deposit, the bank will COMPLETELY ignore £11k of that £21k, meaning he effectively only has a deposit of £10k. We went for some mortgage advice recently and were told if we had any debts to go away and pay those off before they ran a credit check on us, as it would be a waste of time if we had more than a couple of hundred on a credit card. So for the love of Christ don't pay £5k in interest when you don't have to (no abuse or questioning of the decisions, pure money saving to save your OH £5k)

BigDave81

I've read the whole post and at times it has been comical, at times very harsh on the OP but the advice was there and I completely agree with it.

The MSE way is to save money so if the car can be bought outright why on earth take a loan and pay thousands in interest, it's just a waste.

I recently bought a new car on a cheapy deal through the scrappage scheme and was only interested in getting the best out of it so when they offered me finance that would cost me £2800 I laughed and said no way. Why save £2000 on scrappage and pay £2800 in finance effectively losing £800 that I would not have spent otherwise.

I for one could not care less what car the OP's OH wants to get or the colour as it just comes down to basic money saving, also I would have thought that just going to the best loan rates/comparisons or money supermarket would have answered the question. I'm sure there are a few companies doing 7.9% APR loans at the moment such as Nationwide and Sainsbury etc.