Best way of buying a car?

jimbo747

Get a bike, decent electric one around £1k, give car to OH. £6000 saved.

chelseablue

jimbo747 wrote: »

Get a bike, decent electric one around £1k, give car to OH. £6000 saved.

Good idea! I so would if he didn't have to drop our young son off at nursery :rotfl:

Potbellypig

There are much cheaper ways to look at this, than just ''I've got a £150 a month budget, which loan should I get?'' My advice is to give your partner your car, you bike/walk/lift share to work. Save the money you would have spent on the extra car (insurance, petrol, mot, maintenance and the £150) and revisit in x amount of months. Chances are if you do that then you'll be able to afford a decent car for a few grand and be much much better off financially.

chelseablue

I did think of that, but I have to come home every day in my lunch hour and its a 45 min walk each way.

Potbellypig

chelseablue wrote: »

I did think of that, but I have to come home every day in my lunch hour and its a 45 min walk each way.

Seems you've got your heart set on a new car. That's fair enough, it's only natural to want nice things. As this is generally a money saving forum, I'm just giving you options for alternatives.

Have you looked at the passport scheme? I don't do it but my mother in law does. She pays a monthly amount for a car and gets to swap it every 3 years.

Lungboy

chelseablue wrote: »

I did think of that, but I have to come home every day in my lunch hour and its a 45 min walk each way.

Cycle? Bus?

loskie

A car dealer will charge you for the privilege of paying by credit card. look at a cheap loan from the likes of sainsburys bank. or buy a cheaper car, you could get a decent one for £4k with a few years left in it , buy privately not from a dealer at this price range.