End of PCP for Nissan - how can I delay decision on final payment?

DrEskimo

Mercdriver said:

How many instant access savings accounts are paying 1%?  The big difference in paying 28k now in one lump and 28k over 3.5 years is TIME.  You have disregarded this.  Just because you can afford a posh electric car and can afford to spend £28k in one hit doesn't mean everyone can.  Some people may have the resources to do that, but feel they might be better off spreading the expenditure, and at 0% it's not a bad way of doing it.  If they stay within the allowed mileage - and they can pay £30 a month extra a month to double the allowance to 12k - they can hand the car back at month 42.  
People in ivory towers shouldn't throw a hissy fit.

Haha...it was a second hand Zoe....

I'm not disregarding it, I simply spent the TIME before I made the purchase. It's exactly the same! The money didn't spontaneously appear in my bank account did it! I spent 1-2years saving it. Except by doing it before I know I can definitely afford it. If during that time something comes up, like I lose my job due to a global pandemic, I can be thankful I have the money and didn't spend it on getting into debt. By the end i definitely know the money is there, and is not needed for other things. A commitment to borrow £28k is the same as saving £28k. Problem is everyone thinks they need things NOW. 

You can hand a car back at 42months however you purchase it! 

BTW Marcus savings account currently pays 1%.....

Mercdriver

DrEskimo said:

Mercdriver said:

How many instant access savings accounts are paying 1%?  The big difference in paying 28k now in one lump and 28k over 3.5 years is TIME.  You have disregarded this.  Just because you can afford a posh electric car and can afford to spend £28k in one hit doesn't mean everyone can.  Some people may have the resources to do that, but feel they might be better off spreading the expenditure, and at 0% it's not a bad way of doing it.  If they stay within the allowed mileage - and they can pay £30 a month extra a month to double the allowance to 12k - they can hand the car back at month 42.  
People in ivory towers shouldn't throw a hissy fit.

Haha...it was a second hand Zoe....

I'm not disregarding it, I simply spent the TIME before I made the purchase. It's exactly the same! The money didn't spontaneously appear in my bank account did it! I spent 1-2years saving it. Except by doing it before I know I can definitely afford it. If during that time something comes up, like I lose my job due to a global pandemic, I can be thankful I have the money and didn't spend it on getting into debt. By the end i definitely know the money is there, and is not needed for other things. A commitment to borrow £28k is the same as saving £28k. Problem is everyone thinks they need things NOW. 

You can hand a car back at 42months however you purchase it! 

BTW Marcus savings account currently pays 1%.....

I must have you mixed up with someone else with a Tesla, then, apologies

DrEskimo

Mercdriver said:

DrEskimo said:

Mercdriver said:

How many instant access savings accounts are paying 1%?  The big difference in paying 28k now in one lump and 28k over 3.5 years is TIME.  You have disregarded this.  Just because you can afford a posh electric car and can afford to spend £28k in one hit doesn't mean everyone can.  Some people may have the resources to do that, but feel they might be better off spreading the expenditure, and at 0% it's not a bad way of doing it.  If they stay within the allowed mileage - and they can pay £30 a month extra a month to double the allowance to 12k - they can hand the car back at month 42.  
People in ivory towers shouldn't throw a hissy fit.

Haha...it was a second hand Zoe....

I'm not disregarding it, I simply spent the TIME before I made the purchase. It's exactly the same! The money didn't spontaneously appear in my bank account did it! I spent 1-2years saving it. Except by doing it before I know I can definitely afford it. If during that time something comes up, like I lose my job due to a global pandemic, I can be thankful I have the money and didn't spend it on getting into debt. By the end i definitely know the money is there, and is not needed for other things. A commitment to borrow £28k is the same as saving £28k. Problem is everyone thinks they need things NOW. 

You can hand a car back at 42months however you purchase it! 

BTW Marcus savings account currently pays 1%.....

I must have you mixed up with someone else with a Tesla, then, apologies

No problem!

Maybe one day.....

bigadaj

DrEskimo said:

Mercdriver said:

How many instant access savings accounts are paying 1%?  The big difference in paying 28k now in one lump and 28k over 3.5 years is TIME.  You have disregarded this.  Just because you can afford a posh electric car and can afford to spend £28k in one hit doesn't mean everyone can.  Some people may have the resources to do that, but feel they might be better off spreading the expenditure, and at 0% it's not a bad way of doing it.  If they stay within the allowed mileage - and they can pay £30 a month extra a month to double the allowance to 12k - they can hand the car back at month 42.  
People in ivory towers shouldn't throw a hissy fit.

Haha...it was a second hand Zoe....

I'm not disregarding it, I simply spent the TIME before I made the purchase. It's exactly the same! The money didn't spontaneously appear in my bank account did it! I spent 1-2years saving it. Except by doing it before I know I can definitely afford it. If during that time something comes up, like I lose my job due to a global pandemic, I can be thankful I have the money and didn't spend it on getting into debt. By the end i definitely know the money is there, and is not needed for other things. A commitment to borrow £28k is the same as saving £28k. Problem is everyone thinks they need things NOW. 

You can hand a car back at 42months however you purchase it! 

BTW Marcus savings account currently pays 1%.....

Marcus not offering to new customers now, ns&i can offer a little more than stated though.