Buying a car, need cash but only have cc

redux

OhReally wrote: »

Whoosh - that was you missing the point

This is nothing about being anti-credit - this is about being anti- bad credit.

And I'd struggle for a better example than someone who hasn't been able to muster £1k for the luxury of a cheap runabout that will not only plummet in value, but also be a sink for the most part of any additional money the OP will earn in a new job.

I least I'm happy with you believing I am both a force and a brigade
I'm glad you put my advice in the same categories as your local bobby and fire officer.

If you were lecturing someone tempted to spend £10 to 20,000 on a car that they realistically are going to have problems paying for and repayments would take up over half of their income, you might have a point.

As it is this is about paying back £1000 by some time next year, after earning more money in the mean time, and thus your rhetoric is patronising in terms of matching the outspokenness of your caution to the actual scale of risk.

I bought a car for about this much last September. It's had vast expenses lavished on it since - a replacement exhaust (first in 160,000 miles), 4 secondhand wheels and tyres for £20, a bolt, MOT test fee, a wiper blade, a spare bulb. Road tax is £30 a year, and it's saving several pence a mile on fuel compared to my other already cheap to run diesel. Put simply it's already paid for itself.

So not only is your financial advice overblown, but your comment that older cars are too expensive to maintain is a tired old cliche that can often be baseless.