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Discussion in 'United Kingdom' started by Rod, Feb 6, 2004.

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  1. Rod

    Rod Formula Junior

    Jan 18, 2004
    869
    South Derbyshire
    Full Name:
    Rod
    #1 Rod, Feb 6, 2004
    I have a mate who is in the fortunate positon of just clearing his mortage.. (not bad for a 38 yr old)!!! he's Ferrari mad (like myself) & has been harping on for years that he will buy one. He earn's around 40k a year and has virtually no overheads!!

    What do you reckon with a deposit of 8k?

    RHD 328?
    348?
    355?

    live for the day I say!!!

    Rod
     
  2. RAY430RED

    RAY430RED Formula 3

    Nov 1, 2003
    1,112
    Marlborough Wilts
    Full Name:
    Ray F
    #2 RAY430RED, Feb 6, 2004
    Tell him to stick a £100 grand on the house and buy a proper car a 360m

    and put the £8 grand towards the repayments !!!!!!!!!!

    Ray360m
     
  3. stevep

    stevep F1 Veteran

    Jan 19, 2004
    8,345
    Geordie Land
    Full Name:
    steve
    #3 stevep, Feb 7, 2004
    good call ray the mortgage payments would be less than the hp on the car.
     
  4. 456mgt

    456mgt Formula Junior

    Mar 24, 2002
    628
    Cambridge UK
    Full Name:
    Kevin
    #4 456mgt, Feb 7, 2004
    There's no such thing as a cheap loan, but a mortage will be one of the cheapest. Easiest to arrange in this case too- just leave a bit on the existing mortage.
     

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