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How much did you spend on your car
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I've just bought my first car yesterday for £4k, my total budget for the purchase including insurance was £5k as that's what I had saved :-)0
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1973 Rover P6 - £free to a good home - my stepdad sheared off a bolt to the fuel pump in the engine, the car was very tatty so it had to go -
sob
1983 Ecort - £300 - Head Gasket blew
1984 Escort - £200 - Head Gasket blew
1983 Escort -£150 - gave it away to some chavs
long break
1993 Citroen Xantia - £free to good home - Suspension was very worn and needed refurb which wasnt worth it so scrapped after I had it for 2 years.
1999 Rover SDI - £350 - Cat D write off, brilliant car, still use it now 4 years on - tatty trim and bits fall off or don't work but to get you from A to B never any hassle ever. Engine is rock solid.0 -
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Mitsubishi Shogun, bought 18 months old for £12.5k, list price £35k, saving of £22.5k or about 65%.0
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After having no car for a couple of months I just bought a elderly Volvo 850 estate for £700. Its a solid car, but in need of a little TLC to get it properly up to spec.
Last car was a £16k Qashqai on finance, so its nice to have an older car again that doesn't cost a fortune in finance payments each month, makes no odds who services it and so on, doesn't matter if it collects a few scratches etc.
Have spent about £150 on the tank since purchase (my brother in law is a mechanic, so hes doing all the work cheap) getting it properly roadworthy, timing belt, full service, oil change, new filters, spot of welding on the check strap, new steering rack gaiters, new air hose etc.0 -
IMO our car cost too much as I don't rate it at all. We paid £8.5k for a dodge caliber 06 plate 3 years ago. We traded in a lovely vauxhall signum for it which makes it so much harder to deal with. So far its had 5 tyres at £130 each (!!), track end rod replaced, shock replaced and new set of front brake pads and discs. The maintenance and repair has cost us over £1400.
I am keen to get rid of it for a smaller car but big enough for a family of 5. Needs to have lower tax and possibly better running costs. No idea what to look at but do not need another like this.Kyle 03.04.04
Kaitlin 19.09.06
Ruairidh 21.05.09
"Before you judge a man, walk a mile in his shoes. After that who cares?... He's a mile away and you've got his shoes! - Billy Connelly0 -
Our car cost us £15k last year. We traded in our previous car for £3500 - we'd bought that for £13k and kept that for 5 years. Its not on finance though. OH paid for it out of a tax rebate he got. I'd have bought a newer cheaper car but OH wanted a Mercedes - last one was an Audi. It was almost 4 years old but had only 17k on the clock. It's a nice car and very easy to drive (as was the last one) but there's not much room in it. OH is more about the badge. I wouldn't care what I drove as long as it was reliable (and an automatic - i've got lazy!) My brother has a brand new Skoda Octavia estate and I like that.0
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Over the last ten years, my cars have gradually increased in value. I've always bought them in cash and at an affordable price... and luckily each one of them has been later sold for the same price or higher, (or had a good write-off value) enabling me to 'climb the ladder' and upgrade.
I can't remember the years, but roughly:
1. Rover Metro bought for £210, sold for £350
2. Toyota Paseo bought for £600, sold for £900
3. Honda CRX bought for £2,000, written off for the same value
4. Honda CRX bought for £3,000, written off for £3,500
5. BMW 318 bought for £2,000, sold for £2,500
6. Daihatsu Hijet campervan bought for £2,200, spent £1,200 on it, wrote it off for £4,500
7. Smart Roadster bought for £5,100 (still owned)
8. VW Late Bay campervan bought for £8,100 (still owned)
The Smart Roadster was bought to be my company car when I started a new job on £60k... I've since taken a different job that no longer requires it, but decided to keep the car (no finance, low tax, economical, easy to maintain and fun). The VW campervan has been valued at a much higher price than I paid - it's a lot of fun and I consider it to be a pretty solid investment for my savings. It's a classic vehicle (no tax, very low insurance) so it's likely to retain a high market value even though I'll need to spend carefully on maintaining it.
I never, ever dreamed that I would own such valuable vehicles all those years ago! But I've gradually got there. And I've never suffered depreciation so I don't consider any of them to have been wasted cash.Mortgage | £145,000Unsecured Debt | [strike]£7,000[/strike] £0 Lodgers | |0 -
Badger_Lady wrote: »Over the last ten years, my cars have gradually increased in value. I've always bought them in cash and at an affordable price... and luckily each one of them has been later sold for the same price or higher, (or had a good write-off value) enabling me to 'climb the ladder' and upgrade.
I can't remember the years, but roughly:
1. Rover Metro bought for £210, sold for £350
2. Toyota Paseo bought for £600, sold for £900
3. Honda CRX bought for £2,000, written off for the same value
4. Honda CRX bought for £3,000, written off for £3,500
5. BMW 318 bought for £2,000, sold for £2,500
6. Daihatsu Hijet campervan bought for £2,200, spent £1,200 on it, wrote it off for £4,500
7. Smart Roadster bought for £5,100 (still owned)
8. VW Late Bay campervan bought for £8,100 (still owned)
The Smart Roadster was bought to be my company car when I started a new job on £60k... I've since taken a different job that no longer requires it, but decided to keep the car (no finance, low tax, economical, easy to maintain and fun). The VW campervan has been valued at a much higher price than I paid - it's a lot of fun and I consider it to be a pretty solid investment for my savings. It's a classic vehicle (no tax, very low insurance) so it's likely to retain a high market value even though I'll need to spend carefully on maintaining it.
I never, ever dreamed that I would own such valuable vehicles all those years ago! But I've gradually got there. And I've never suffered depreciation so I don't consider any of them to have been wasted cash.
On a serious note and totally off topic, but isn't that an awfully large proportion of your cars written off??:eek: I've only had 1 in 40 odd years motoring. (And it wasn't my fault)I like the thanks button, but ,please, an I agree button.
Will the grammar and spelling police respect I do make grammatical errors, and have carp spelling, no need to remind me.;)
Always expect the unexpected:eek:and then you won't be dissapointed0 -
3 write offs? Exactly what i was thinking!!Work in progress...Update coming July 2012.
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