Need £11,000 loan for a car

davetrousers

gerkin wrote: »

It needs to be Yellow in colour and also have a technology pack.

That's true.

But how would I know if it had the acclaimed "Technology Pack", would it have it written in big letters across it?

bclark

davetrousers wrote: »

I saw a Red Seat Leon FR yesterday, didn't look anything special at all!

Its not what you would class as a special Car but it is a very nice Car. Its got the same Engine as the Golf GTI and is a lot cheaper. Its basically a MSE way of buying a brand new Golf GTI.

ILW

bclark wrote: »

Its not what you would class as a special Car but it is a very nice Car. Its got the same Engine as the Golf GTI and is a lot cheaper. Its basically a MSE way of buying a brand new Golf GTI.

Unless you take depreciation into account.

Clive_Woody

bclark wrote: »

Its not what you would class as a special Car but it is a very nice Car. Its got the same Engine as the Golf GTI and is a lot cheaper. Its basically a MSE way of buying a brand new Golf GTI.

Also I don't think the Golf GTI is available in yellow.


Those Germans are so conservative....not like our Spanish friends....


The Skoda vRS also has the same engine as the Golf GTI and is available even cheaper than the SEAT and comes with 2 years 0% finance. Proper MSE. No idea if you can get it in Yellow, those Czechs can be a bit wacky at times but a yellow Skoda might be a step too far.

Apples2

mtp2011 wrote: »

Introduce to your attention the meeting place of creditors and borrowers imawukfit

The problem is this jackass has turned the forum upside down. Even once the :spam: has gone we end up with posts from years ago at the top.

RichGold

Damn it. I just read this entire thread knowing it was 2 years old but hoping that at the end I would find out if they actually bought a ridiculous yellow Leon FR and if the technology pack actually improved their lives to any degree, only to find the thread had simply been bumped by spam.


There's 20 minutes of my life I'll not get back.

I feel like I've been swindled.

KingElvis

RichGold wrote: »

Damn it. I just read this entire thread knowing it was 2 years old but hoping that at the end I would find out if they actually bought a ridiculous yellow Leon FR and if the technology pack actually improved their lives to any degree, only to find the thread had simply been bumped by spam.


There's 20 minutes of my life I'll not get back.

I feel like I've been swindled.

I wouldn't worry, it's probably been repoed by now, they op was a complete tool by the looks of it.

Foxtbh

Whilst I realise that this thread is some 2 years old I have just read it and I felt it was such a shame.

Everyone was so busy slagging the OP off for what they think they can afford the really important parts of the story were picked up by only a few posters and lost in the noise.

Provided you can comfortably afford it, there is nothing inherently wrong with 'debt'. The problem with this story was not that they wanted to borrow £11k to buy a £20k car - infact actually a near 50% deposit on a car is a pretty sensible way to go about borrowing to buy, far lower risk of negative equity and thus an easy exit route should circumstances change.

The problem was that:

a) It was a new Seat, which will depreciate like a brick in a pond.
b) The quote being offered by Seat was - at 10% flat - bordering on extortionate.

But no, far better to lambast the OP for daring to wish to spend a whole 200 quid a month (What he should have been paying had the quote been competitive) on a car.

A shame. This is a fantastic forum with a wealth of knowledge but the tendancy to launch into attack mode the second somebody mentions a loan is a shame. I appreciate some of you have been burnt in the past and are now very risk averse as a result but the answer to that is be sensible with borrowings not borrow nothing at all ever.

ILW

ILW wrote: »

Blimey, never realised people bought cars over 54 months.

Never realised Seats lasted 54 months.

KingElvis

ILW wrote: »

Never realised Seats lasted 54 months.

Ahhh but, this one had the all important "technology pack" :rotfl: