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remortgage for a rs 500,would you?

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Old 20-09-2009, 09:07 PM
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james kiely
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Default remortgage for a rs 500,would you?

i thought i would resurrect this thread to see what peoples views are now seen as prices are getting higher and higher

basically would like to know peoples opinions on wether you would remortgage your house to buy a rs500 as i think someday i might if i cant get the cash together .a white rs500 on cxns has always been my dream car and i think lifes to short to go through without achieving your dream.
They will always be a sound investment,well thats what i told the wife lol.


cheers james

Last edited by james kiely; 29-08-2010 at 06:33 PM. Reason: prices keep going up on rs500,s
Old 20-09-2009, 09:08 PM
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No fucking danger!
Old 20-09-2009, 09:09 PM
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thats crazy if you do that.get a loan.
Old 20-09-2009, 09:10 PM
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can you live in an RS500? if so do it
Old 20-09-2009, 09:10 PM
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why not people do it to re do there hoses kitchens and stuff and we not all in a position to save that sort of cash up
Old 20-09-2009, 09:11 PM
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Benni.
Old 20-09-2009, 09:11 PM
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Don't do it!
Old 20-09-2009, 09:12 PM
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Mr RS500
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The rs500 is going up and up in value all the time mate

Buy one asap while you still can

I pesonaly would

ps, wanna buy this



Old 20-09-2009, 09:12 PM
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No chance, not just for a car. Just take out a big unsecured bank loan over a long period if you need the finance, don't put your house on the line.
Old 20-09-2009, 09:12 PM
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no.
Old 20-09-2009, 09:13 PM
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looks just like mine Paul.
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Old 20-09-2009, 09:14 PM
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Originally Posted by dave cos4x4
looks just like mine Paul.
It does dave

Just one slight thing better about mine
Old 20-09-2009, 09:14 PM
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Originally Posted by NORTH YORKS RS SPARES
The rs500 is going up and up in value all the time mate

Buy one asap while you still can

I pesonaly would

ps, wanna buy this




whats the asking price on this stunner?
Old 20-09-2009, 09:15 PM
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love that car paul.
Old 20-09-2009, 09:16 PM
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20k with the CXN"s
Old 20-09-2009, 09:16 PM
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Originally Posted by NORTH YORKS RS SPARES
It does dave

Just one slight thing better about mine


i should of bought that when i had the chance....twice.
Old 20-09-2009, 09:23 PM
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james kiely
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i would never ever,put my house on the line ,but i have a relatively small mortgage and a good percentage of equity in my house as i built it myself.it would probably only add £100 quid a month on the repayments and to me a 500 is as good as money in the bank . as saphbe said people do it to put a new kitchen or build a sunroom on to their house and whats the ressle value of a second hand kitchen or sunroom maybe ten percent after years i reckon.im not rushing out to do it [sorry paul,i do love it though] as the economy isnt stable enoug at the minute.

cheers james
Old 20-09-2009, 09:23 PM
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You would have to be a complete and utter tool to do that....

You clearly can't afford one so don't bother...

Plus what you going to do when it needs an engine rebuild, re-morgage again ?

What's the attraction with the RS500 - is it really worth paying all that money for a engine number and chassis number ? Just a car at the end of the day, nothing special about them IMO.

If you got a few quid spare at the end of the month why not save it or treat the wife (and kids if you got any) on a few one off extra's and/or arrange a few nice holidays.

More to life than a lump of metal sat in the garage - your family should come first which clearly would not be the case if you re-morgaged the house to buy a metal box.
Old 20-09-2009, 09:25 PM
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That 500 is mint Paul. Whats the mileage out of curiosity
Old 20-09-2009, 09:27 PM
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The only thing posotive is the value of these cars is on the up , and fast

Buy now while you can ,

You would be shocked if you knew what these cars are changing hands for these days
Old 20-09-2009, 09:27 PM
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Originally Posted by NORTH YORKS RS SPARES
The rs500 is going up and up in value all the time mate

Buy one asap while you still can

I pesonaly would

ps, wanna buy this



i would still like this paul to do a full bufty on over winter just not going to sell the escort now but the 500 looks nice still
Old 20-09-2009, 09:27 PM
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Dann,

a die hard rs fan will know what owning a true rs500 means.
Old 20-09-2009, 09:30 PM
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Originally Posted by Dunccoss
i would still like this paul to do a full bufty on over winter just not going to sell the escort now but the 500 looks nice still

Ill do you a stright swap Dunc
Old 20-09-2009, 09:31 PM
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stunning ,but no way would i remortgage for one and the wife would rip me nuts offif i did...
Old 20-09-2009, 09:33 PM
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Originally Posted by dave cos4x4
Dann,

a die hard rs fan will know what owning a true rs500 means.
If I ever win the lottery then I will buy one and burn it at national day - be funny watching the die hard fans trying to put the flames out!lol
Old 20-09-2009, 09:34 PM
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No way! As lush as that one Paul has posted up, remortgage the house for one? No.
Old 20-09-2009, 09:36 PM
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Originally Posted by james kiely
i would never ever,put my house on the line ,but i have a relatively small mortgage and a good percentage of equity in my house as i built it myself.it would probably only add £100 quid a month on the repayments and to me a 500 is as good as money in the bank . as saphbe said people do it to put a new kitchen or build a sunroom on to their house and whats the ressle value of a second hand kitchen or sunroom maybe ten percent after years i reckon.im not rushing out to do it [sorry paul,i do love it though] as the economy isnt stable enoug at the minute.

cheers james
Dont do it !!!

Join my business instead and run it along side whateva else your doing, £100 a month is easy to earn, i earn't £1000 last month. Think of the RS500 you could buy with that as a monthly payment !!!

Have a look at www.watch4income.co.uk
Old 20-09-2009, 09:36 PM
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Originally Posted by NORTH YORKS RS SPARES
20k with the CXN"s

whats the milage and spec if its ok to ask thinking about buying one of these after my escoswait and see what happens lol
Old 20-09-2009, 09:37 PM
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Originally Posted by Dannn
You would have to be a complete and utter tool to do that....

You clearly can't afford one so don't bother...

Plus what you going to do when it needs an engine rebuild, re-morgage again ?

What's the attraction with the RS500 - is it really worth paying all that money for a engine number and chassis number ? Just a car at the end of the day, nothing special about them IMO.

If you got a few quid spare at the end of the month why not save it or treat the wife (and kids if you got any) on a few one off extra's and/or arrange a few nice holidays.

More to life than a lump of metal sat in the garage - your family should come first which clearly would not be the case if you re-morgaged the house to buy a metal box.


dann , i will always put my kids and wife first thats why ive spent the last 8 years building a faboulous house for us all[nearly finishedlol] .there arent to many cars out there that are have gone up in value like the 500.
i have a couple of saffs and there is one with over 42k spent on it and the other with over 25k spent excluding the price of the car ,now that madness as their probably worth 7/8k.
its just that sometime in my life i would love one,oh and yes i probably would be afraid to drive it.

cheers james
Old 20-09-2009, 09:40 PM
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mate its your life.if you wana do it then go ahead.im actually tempted to go get a 10k loan for pauls 500 but i hate gettin in to debt.like to save up but would take forever.
Old 20-09-2009, 09:41 PM
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To me the RS500 is a Sierra with a fancy engine and god awfull styling. Shit i wouldn't even remortgage a house to buy a ferrari let alone a bloody sierra
Old 20-09-2009, 09:42 PM
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you only have one life, live it !!!
Old 20-09-2009, 09:42 PM
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Also what are you going to do with it?

1) Keep it as an ornament? Sorry to those who do this, but I think you all need your brains rewiring.
2) Drive it? Will add mileage, you will probably be too much of a pansy to even take it past 3k rpm and not wanting to tempt fate or nothing but some cunt might write it off for you or something.

Not worth it imo. Never seen the point of having one over a 3dr myself.
Old 20-09-2009, 09:45 PM
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I dont think you would be mad atall, why not? because people borrow cash for cars,kitchens and all sorts . least the 500 would hold its money .



And why are people saying he will be putting his house on the line? thats not the case if he can afford it every month. i took out 20k 4 years back to built a garage /do bits to the house and ive still got a roof over my head.




GO FOR IT you could be dead tomorrow
Old 20-09-2009, 09:46 PM
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Naaaaaaaat!!!!!!

If you buy a 500 for £20000 and remortgage your house and it puts your mortgage up by £100 a month, thats £1200 per year say over 25 year. The RS is now costing you £30000.

Don't think its that sound an investment!
Old 20-09-2009, 09:46 PM
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james id do it BUT only if it was REALLY mint
Old 20-09-2009, 09:47 PM
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Originally Posted by pani_k
Also what are you going to do with it?

1) Keep it as an ornament? Sorry to those who do this, but I think you all need your brains rewiring.
2) Drive it? Will add mileage, you will probably be too much of a pansy to even take it past 3k rpm and not wanting to tempt fate or nothing but some cunt might write it off for you or something.

Not worth it imo. Never seen the point of having one over a 3dr myself.

i would build a glass box in the middle of my garden and look at it from my dining table lol


cheers james
Old 20-09-2009, 09:49 PM
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Originally Posted by craig2016
Naaaaaaaat!!!!!!

If you buy a 500 for £20000 and remortgage your house and it puts your mortgage up by £100 a month, thats £1200 per year say over 25 year. The RS is now costing you £30000.

Don't think its that sound an investment!


craig they will probably be worth 100k in 25 years and i,ll probably be dead lol

cheers james
Old 20-09-2009, 09:50 PM
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Originally Posted by pani_k
Also what are you going to do with it?

1) Keep it as an ornament? Sorry to those who do this, but I think you all need your brains rewiring.
2) Drive it? Will add mileage, you will probably be too much of a pansy to even take it past 3k rpm and not wanting to tempt fate or nothing but some cunt might write it off for you or something.

Not worth it imo. Never seen the point of having one over a 3dr myself.
Thats why you buy a 500 and insure it at a high value ie 20k agreed value.

All the people going , fuck no way, fuck that bla bla have never borrowed a penny, dont have any dept, blimey i know people who have used re mortgage money to get married
Old 20-09-2009, 09:51 PM
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Originally Posted by james kiely
craig they will probably be worth 100k in 25 years and i,ll probably be dead lol

cheers james

+1 . theres a few in the 30ks now


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