All good - I realise you weren't actually saying a car is an investment - I was echoing that - just pointing out for others who think a car is one.
LOL about you're brother's Pontiac.
+ Reply to Thread
Results 51 to 60 of 106
06-05-2014 11:11 #51
The Following User Says Thank You to Mod-pegasus For This Useful Post:
06-05-2014 11:12 #52
06-05-2014 11:18 #53
For those who have massive loans, do u also have a decent amount of spare cash for wiggle room when things happen?
We wouldnt even get approved for a 10k loan. So i just imagine those who get 20k -30k+ Loans To be so rich!
06-05-2014 11:54 #54
I have finished paying off my car loan it was about $25,000 over five years $580 a month. Through the dealership.
06-05-2014 12:22 #55Senior Member
- Join Date
- Feb 2012
I always get a loan for my cars and never pay upfront. You can get really good interest rates from time to time on certain cars and I'd much rather have that $30k or whatever the car costs in my own savings account and pay a fortnightly loan amount.
Over the past 10 years I've updated every 3 years. It's not about status, it's what I need at the time. 2 door car updated to small 4 door, then updated to larger 4 door car.
06-05-2014 12:46 #56
One of the things i hate most about where we live is how much we rely on our cars. DH catches public transport to work but I have to drive to work and to do the school / preschool drop offs and pick ups. I loved it when we lived in Melbourne in the inner city our car always had cobwebs around the tyres from lack of use.
To answer the OP we don't have a loan.
As soon as you drive a car off a car lot it loses half of its value. As soon as you put my 4 kids in it it loses what's remaining.
ETA I'm fascinated when people say they need an $80k car as it "ticks all the boxes". Must have some mighty big boxes.
06-05-2014 12:47 #57-
- Join Date
- Jan 2011
06-05-2014 12:54 #58
06-05-2014 13:02 #59Senior Member
- Join Date
- Sep 2009
06-05-2014 13:10 #60
TribalanceTriBalance is a physio, yoga & pilates studio in Brisbane's inner north, offering specialised women's health ...
LATESTWhy it is OK for your child to be differentWhat is a blessing way? How is it different to a baby shower?7 ways to break the ‘mumnotony’ at home
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
IUI - first time fertility treatmentNon-IVF fertility assistance
Any thoughts on my mysterious toddler? :-)General Parenting Tips, Advice & Chat
Show me your lunchbox 2017!!Recipes & Lunchbox Ideas
IVF babies due Sep/Oct/Nov 2017pregnancy and babies through IVF
IVF babies due March/April/May 2017#2pregnancy and babies through IVF
Implantation sickness?Conception & Fertility General Chat
Miracle March TTC and Testing ChatConception & Fertility General Chat