Old Apr 19, 2012 | 08:22 PM
  #16  
1.9 xr2 on 40's's Avatar
1.9 xr2 on 40's
st170 breaking
 
Joined: May 2004
Posts: 5,298
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From: norfolk
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Originally Posted by DirtyHarry85
I have thought about using the money that i put into my savings into paying off the finance as invariably i will only be buying a car that will hold or go up in value and therefore it becomes an asset, and as mentioned it can always be sold!


you should have been doing that from the start, why pay interest on a loan at XX% and get X% (ie less )on the savings

no brainer pay debts before savings unless the savings pay you more than the finance costs (very unusual)

i was working with a mate today and i was ripping that his missus put her thumb down and stopped him buying an focst, he said i should buy what i want but he couldnt come up with anything i'd want (nor could i)

if i could get a free toy up to say 20k i would want a rat bag mondial 'rari, i'd never drive it and it would sit in the warehouse being show to anyone with interest
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