I bought my £7K Volvo (which shoulda been £9K) with a £500.00 deposit, I'm nearly half-way through paying the finance and at the end the car should be worth £4K? - a decent enough deposit on another car worth £12K?, then £16K, £20K etc etc ????sirwiggum wrote:Can't afford to buy a brand new car. Not sure where all these Audi drivers find £30k a pop from. Maybe I'm missing one of lifes secrets
I suppose it's a case of building up equity in ever increasing lumps over the years. The monthly finance is a bit of a drag but you don't really think about it and there's not really any mechanical issues or unexpected bills to worry about either

I spent years buying £3K cars that were nothing but trouble and pretty worthless when I'd finished with them too

Funnily enough, there are things we can do to 'free up' a car fund from unexpected sources like cancelling a Pension scheme (pointless at the moment), stopping smoking, drinking, gambling, buying games/dvd's, stop going out so much..... that sort of thing [read: stop at home and look out of window at shiney car
