We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
TIme between loans - what's the deal?
Comments
-
Just to highlight, if you're looking to apply for a mortgage in a bit, you may find that being accepted for a £14k loan hurts you far more mortgage-wise than being turned down for one!0
-
Not all 'classic' cars appreciate in value.:hello:0
-
Tiddlywinks wrote: »Not all 'classic' cars appreciate in value.
Not quite what the OP was asking, but this is true. In my personal experience, very few classic cars can be considered an "appreciating asset" because they need almost continual maintenance and restoration work, and this is often very expensive - often the costs exceed the slow and variable increase in the car's value.
None of my classic cars - one of which I have owned for more than 20 years - have made me any significant money once maintenance/restoration costs have been accounted for.
There are exceptions (for example I was offered - and should have bought - a Facel II for £35k a few years back) but they tend to be at the upper end of the market.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards