Loan advice for new motor for newbie...

youngbuck88

ViolaLass wrote: »

I'm a bit concerned that the loan started out as being 'for a 'new' car' (that you arguably don't need, as other posters have pointed out)...

...then to pay off your 0% CC (financially an odd decision there - it won't save you the monthly payment as that will have to go to the loan instead AND you'll be charged interest)...

...then to pay your gf back (is she charging you interest? Aren't your finances joint anyway?)...

...then for a treat for you.

What next? A holiday?

When put like that..... Very true. Thanks mate.

I think I'm gonna just wait, see how much money I'm offered at work. Clear card and and save.

Thanks for the help chaps

letthemeatcake

Back In the 80's my then husband took out a large loan for 'the car of his dreams'. I now look back and think why on earth did I let him? Put your sensible head on and save the money. Especially as you are still living at your parents house.