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Selling a mistake to raise some £££s
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You wont be able to reduce the payments of the loan, only pay a lump sum off so you should be able to settle the loan a good few years early.
Sell the car privately for as much as you can and buy a £2000 car and pay a chunk off the loan keeping the repayments as they are.
See ebay/autotrader for private values and get a duplicate service book. Write to the last owner and try and find out who serviced it, if it has been serviced."Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0 -
What happened when you took the dealership to court?
https://forums.moneysavingexpert.com/discussion/4914783"Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0 -
I love the way that despite the fact he doesn't have two pennies to rub together he's already decided he's going to try for another kid in the near future.0
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mjoneseyjones wrote: »I love the way that despite the fact he doesn't have two pennies to rub together he's already decided he's going to try for another kid in the near future.
And buying a bigger house !"Dream World" by The B Sharps....describes a lot of the posts in the Loans and Mortgage sections !!!0 -
Stevefromdonny wrote: »cheaper (inferior) car

This tickles me. You could get a MUCH cheaper car than that and it wouldn't be inferior...it just wouldn't have a shiny new plate and lots of toys.
HBS x"I believe in ordinary acts of bravery, in the courage that drives one person to stand up for another."
"It's easy to know what you're against, quite another to know what you're for."
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mjoneseyjones wrote: »I love the way that despite the fact he doesn't have two pennies to rub together he's already decided he's going to try for another kid in the near future.
C'mon though, that's what Johhny Taxpayers for....to pick up the bill for the !!!!less who can't be bothered to plan their lives.
Perish the thought someone should wait until they can actually afford to have a child.
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Captaincodpiece wrote: »The OP and his other half pay tax, unless you know different?
Why not try reading my post once more?
Only 2 sentences, no big words, should be straightforward for you.:)0 -
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Captaincodpiece wrote: »Looks like you're claiming the OP is sponging off the state.
Nothing of the sort, OP isnt mentioned in my post, I was making a general point.
Impressive post count BTW, keep it up!!
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