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Buying a new car with a personal loan.

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Comments

  • andymc29
    andymc29 Posts: 462 Forumite
    I bought a Ford focus for 3k four years ago and it's runs totally fine. I think people are crazy to buy 16k cars when they don't have the cash for it. I'm planning to spend about 6 or 7k on my next car, which will be in about a years time,and hopefully I'll pay cash. Would never want more debt over getting a car.
    Bank Loans: [STRIKE]£25000[/STRIKE] £0- Barclay Card 14%: [STRIKE]£2500[/STRIKE] £0- Student Loan: [STRIKE]£12,500[/STRIKE] £0
    Current total [STRIKE]£40,000[/STRIKE] £0:j (100% PAID OFF)
  • I can say care loan is more cheaper then personal loan and sometimes it get very cheaper on occasions.
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