Car Loan and Savings Advice

MinuteNoodles

pecuniam_hominem said:

I spent 10k on my car, I love it, but even now I wish I hadn't paid so much.

My kick in the teeth is this but made worse. I fulfilled my bucket list of getting a new car, well 5 month old ex-demo because "money saving", and sold my old perfectly working fine car to my parents. Like you I love my new car, have had it a year and it's now like a comfy pair of slippers but every time my parents come to visit in my old car I can only think of the £16k I'd still have in the bank had I just hung onto it. They keep making mutterings about needing to change it to something more dog friendly and it's so tempting to to buy it back from them and flog the newer one.