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Warranty on used range rover?

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Comments

  • Strider590
    Strider590 Posts: 11,874 Forumite
    gilbert_and_sullivan wrote: »
    All the cars in the world are not worth delaying that house payday for.

    Well, this is what I was going to add...... I have a mortgage for around half the value of my property, it's about £400 a month. But if someone gave me a fancy expensive car (or I won one), the first thing i'd do is sell it and pay the whole lot into the mortgage, because £10'000 off the mortgage is worth probably £100 a month.

    Having a mortgage is something none of us can avoid, but as you rightly point out, paying it off is worth more than any fancy motor parked on the drive.
    motorguy wrote: »
    Hey, we agree on something! :T

    :beer:

    NEVER!!!!!!!! :p
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

    <><><><><><><><><<><><><><><><><><><><><><> Don't forget to like and subscribe \/ \/ \/
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Strider590 wrote: »
    Well, this is what I was going to add...... I have a mortgage for around half the value of my property, it's about £400 a month. But if someone gave me a fancy expensive car (or I won one), the first thing i'd do is sell it and pay the whole lot into the mortgage, because £10'000 off the mortgage is worth probably £100 a month.

    Having a mortgage is something none of us can avoid, but as you rightly point out, paying it off is worth more than any fancy motor parked on the drive.



    NEVER!!!!!!!! :p


    Do you live in the garage with the Vectra?
  • Strider590
    Strider590 Posts: 11,874 Forumite
    Eh? Now your just being weird........

    My Vectra lives outside, my other car lives in the garage, I live in the people section of the house, where people normally live........
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

    <><><><><><><><><<><><><><><><><><><><><><> Don't forget to like and subscribe \/ \/ \/
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Strider590 wrote: »
    Eh? Now your just being weird........

    My Vectra lives outside, my other car lives in the garage, I live in the people section of the house, where people normally live........

    Lol, I extrapolated from your information to get a value of £80 k for your house. That would buy a half share in a 'park home' here. I do realise you live in a more affordable area of the country. ;)
  • BeenThroughItAll
    BeenThroughItAll Posts: 5,018 Forumite
    LandyAndy wrote: »
    Lol, I extrapolated from your information to get a value of £80 k for your house. That would buy a half share in a 'park home' here. I do realise you live in a more affordable area of the country. ;)



    I'd extrapolate to around a £160K value. My old mortgage before I moved was £463 a month before overpayments for 90K at 90% LTV when taken out.
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    BeenThroughItAll wrote: »
    I'd extrapolate to around a £160K value. My old mortgage before I moved was £463 a month before overpayments for 90K at 90% LTV when taken out.

    Ah, I went.

    £10k = £100 per month per his post. £400 pm = half the value of the house

    So value = £10k x4 x2= £80k
  • OddballJamie
    OddballJamie Posts: 2,660 Forumite
    1,000 Posts Combo Breaker
    BeenThroughItAll wrote: »
    I'd extrapolate to around a £160K value. My old mortgage before I moved was £463 a month before overpayments for 90K at 90% LTV when taken out.

    I thought 70-80k as he mentioned £10,000 would reduce the mortgage payments by £100 a month from £400. It all depends on how long is left on the mortgage and what rate he is getting.
  • OddballJamie
    OddballJamie Posts: 2,660 Forumite
    1,000 Posts Combo Breaker
    LandyAndy wrote: »
    Ah, I went.

    £10k = £100 per month. £400 pm = half the value of the house

    So value = £10k x4 x2= £80k

    Same here, but I included interest saving to bring it below £80k.
  • BeenThroughItAll
    BeenThroughItAll Posts: 5,018 Forumite
    OddballJamie wrote: »
    I thought 70-80k as he mentioned £10,000 would reduce the mortgage payments by £100 a month from £400. It all depends on how long is left on the mortgage and what rate he is getting.

    I just assumed the £100 a month was an unsubstantiated guess :)
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    BeenThroughItAll wrote: »
    I just assumed the £100 a month was an unsubstantiated guess :)

    Oh! I cant imagine Strider doing that! :D
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