Pay off mortgage and start having fun!

newgirly

Lovely shame you don't live closer we could go halves and mini share :rotfl:

PS that old one he had would be worth a fortune now wouldn't it!

Alchemilla

Lower the tone?!

#1 was 1966 trafalgar blue four door.
#1 was 1968 convertible in snowberry white with a maroon hood.

newgirly

Omg you had a convertible :happylove.

Er, yes me and my mother don't have the same taste in cars , she's more of a new bmw fan

Goldiegirl

newgirly wrote: »

Hi gg did you get a policy in the end? Bit worried they will impose restrictions on which policies you can buy to use it !

o

It's still on my to do list!

I've been diverted by other things in the last couple of days, but I really will do it tomorrow, just in case they start making minimum spend restrictions.

My mum was a mini driver. She had white 1980 model, and later a silver 1987 model. They were fun cars to drive.

Well done on your badge - I was very excited when I got mine!

newgirly

Tut tut gg, get it done or they may close the loophole

Nobody is trying to put me off buying a car which will take me a little over my £300 monthly spending challenge, I think I should assume that its obviously a good idea. I'm off to work out how much it would cost pm to make up the difference over the next 7 years

newgirly

Hmm, I could pay for the car from this months money if I don't op the large loan for a month, plus I have some birthday money left that will cover the tax and ins.

I'm trying to weigh up how crazy an idea it is! If I used it to commute to work I would save a fair bit as our car is a seven seater which is not light on petrol. Tax is £145 py and insurance is £122. Im currently spending around £150 ish pm commuting and the odd local trip, I guess I could knock a third off that.

Our current car is just had a new clutch and has got low milage, so I'm not planning on changing that until the mortgage is paid off.

Oh dear I don't know, plus dd says it looks like a death trap as its too small

Alchemilla

How very grown up of her!

You would be better buying a bit older as it would be tax exempt wouldn't it?

greent

Initial thoughts:
If you're keeping the 7 seater you still need to pay tax & insce on that, so no savings there (poss minimal on insurance if you reduce annual mileage) So you'd be 'saving' £50 a month on fuel - and paying out £2250 + tax & insce and mot and maintenance costs to do so.


x

greent

newgirly wrote: »

Lovely shame you don't live closer we could go halves and mini share :rotfl:

PS that old one he had would be worth a fortune now wouldn't it!

Haha! I really don't want him to get a 3rd car I'd like one. If we're getting a 3rd car at some point then I'd like it to be something which DD could/ would drive, not a *toy* car for him which wouldn't actually get much use! (where's a rolling eyes smiley when you need one?! :cool:)




His old one was lovely but ended up being scrapped, sadly


x

newgirly

Thanks greent , someone trying is trying to put me off at last

I can't lie , its a want not a need dh is been itching to buy a classic car for the last couple of years and he would want an mg which I also love but cost more to repair and run (we have had both cars before) argh, I think I'm just rebelling as its going to be a long slog over the next seven years to pay everything off , and I'm being quite selfish.

Hi al, I wish I could afford an exempt one , some are tens of thousands oh and my dd is very sensible, well probably more so than me :rotfl: