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£77,366.35 reasons to be debt free!
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Hi Hun, sorry you've had the week from hell
My car packed up about 6 months ago - we also need 2 cars. Luckily (or unluckily for her) my Mum had broken her foot, so leant me her very nice car for 3 weeks. After that - I panicked.
OH scraped together £5k and I ended up getting one from the car auctions. They sound daunting, but really aren't. We've bought our last few cars from them. They have everything from bangers to virtually brand new.
My MSE Dad says most of the cars you see second hand in garages are from the auctions. They are just waiting for you to tell them what's wrong - if anything. If you don't bring it back to the garage - bonus! So you can save £££'s. They are guaranteed not to be stolen or have outstanding finance and are often ex-fleet cars, so have been well maintained.
According to Dad, so long as there is no black or blue smoke coming from the exhaust and no rust on the bodywork, you should be ok. It might be worth considering....
Keep ploughing on - you WILL get a break soon, so try not to stress. It's really not worth making yourself ill over xx0 -
Can I agree with the auction idea?
My last car from an auction was a little gem, a VW Polo, 12 years old but only 66k miles and a ful service history. It only cost £500 and has passed 2 MOTs since then.
I'd say the key was to go for one with the longest MOT possible then at worst you would drive it for a year and scrap it if you can't afford to get it through another MOT.0 -
Mine's a Golf and is immaculate. It had 6 months MOT and has just passed again last month - with no work to do! :j
You have to do your homework and know what you want to buy before you go, or you can get carried away. Parker's Guide is the trade handbook that you can get from newsagents to advise you of the going prices, less milage etc as well as trade-in prices.
I have to say, I love the auctions, it's such a buzz - especially if you can bag a bargain!0 -
Evening all
Feeling better, although no real reason why? Boiler is suspended between life and death, I am leaving it to OH as it is a man's area in which he can talk to another man about it ....
Trailed through a load of car stuff and selected a few we are going to see tomorrow for a fun fun fun day out with the kids :cool: Actually they are really excited about it so they will think it's a proper day out. We have a limit and found a few within that limit and going to drive down a bargain.
Few precarious things going on at work but haven't got the time to worry about them until they happen as beyond my control!
BTD - maybe we all have some days when we think a DMP is best but I know it isn't really IYSWIM?
Annie - your image of me is indeed correct1st debt - Next [STRIKE]£583.32[/STRIKE] [STRIKE]£408.71 [/STRIKE] £0 :j
2nd debt - MBNA - £6,618.52
First in many many to go - baby steps and all that!
First lump sum to go - fingers crossed!
08/06/09 - [STRIKE]£11,497.68[/STRIKE] NOW - £9,757.75
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Hi IMD - glad that you are finding a way to be more positive... Love all the jokes tooAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/250 -
Glad you sound calmer. Good luck for tomorrow - hope you get fixed up0
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My car was from an auction as well. However, it is probably only worth going if you know a friendly car-geek/mechanic who can help you make a wise choice.
Best of luck car-hunting! xPlease call me 'Pickle'
No More Buying Books: ???
No More Buying DVDs: ???
NMB Toiletries ??? and I've gone back for my Masters at the University of Use Ups!
Proud to be dealing with her debts 1198~
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Have 'fun' tomorrow! You will enjoy driving a hard bargain!
Is your boiler Catholic, cuz then :
Catholic doctrine
Purgatory (Lat., "purgare", to make clean, to purify) in accordance with Catholic teaching is a place or condition of temporal punishment for those who, departing this life in God's grace, are, not entirely free from venial faults, or have not fully paid the satisfaction due to their transgressions.
Your boiler has some serious confessions to make and lots of praying!LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
(CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84
There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
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REDMADCURLS wrote: »Have 'fun' tomorrow! You will enjoy driving a hard bargain!
Is your boiler Catholic, cuz then :
Catholic doctrine
Purgatory (Lat., "purgare", to make clean, to purify) in accordance with Catholic teaching is a place or condition of temporal punishment for those who, departing this life in God's grace, are, not entirely free from venial faults, or have not fully paid the satisfaction due to their transgressions.
Your boiler has some serious confessions to make and lots of praying!
:rotfl: Quoted as only quoteable by an Irish person on Maundy Thursday! :rotfl:Please call me 'Pickle'
No More Buying Books: ???
No More Buying DVDs: ???
NMB Toiletries ??? and I've gone back for my Masters at the University of Use Ups!
Proud to be dealing with her debts 1198~
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Indeed! Except here you will not be surprised to know we call it 'Holy Thursday'LBM Feb 2010 £62,700 Total Debt Jan 11 [STRIKE]£49,403.84[/STRIKE] £47,530.32.
(CC/LOAN = [STRIKE]36,378.98[/STRIKE] 35668.47. O/D = [STRIKE]1255.32[/STRIKE] 1212.35/[STRIKE]1999.78[/STRIKE] 1934.52, BUS = [STRIKE]9769.76[/STRIKE] 8714.98)
Challenge = Debt at 31/01/12 = £25k. 2011 Payments = £1,944.19/£24,403.84
There is no point in negative thought, it takes up time and energy which could be used in a positive, happy way!
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