Originally Posted by
RWD_cossie_wil
Buy a rental property with your savings as a deposit, interest only. Use the cashflow to pay for your toy, once the finance is paid off you still have your savings as the property won't have devalued, and you will have a "free" toy
That's quite an interesting idea. The only issue I can think of is the capital gains tax whenever you come to sell the property. You might actually end up being out of pocket rather than making money.
For me personally the only item I have on "finance" is my house. Each to their own, but I don't see the point in paying finance on say a £10K car, the payments making the total amount paid say £14K. You're essentially paying over the odds for something.