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First car/bike and license

  • 29-09-2013 2:59pm
    #1
    Registered Users, Registered Users 2 Posts: 109 ✭✭


    Hi,

    I'm a 21 year old full time student. Over the last couple of years I've noticed a steady rise in the number of cars/bikes being bought by my peers. How are they financing this?

    I hear of so many people, who, at my age bought their first car/bike. Sure they were "bangers" but they at least had a car/bike. I go onto ebay, donedeal etc and see "bangers" for close or over a thousand euros. In addition to this of course are the huge insurance costs for people my age (especially male like myself).

    I don't have a job or a part time job as I simply cannot afford the time due to my course, are there really that many students my age who have so little college hours they can keep up a steady job?

    It seems to me that buying a car or a bike at my age is virtually impossible without mummy or daddys help. Even then the price of fuel/insurance would surely bankrupt someone my age. I've started to wonder if I'm simply out of the loop and there's some dead-easy shortcut(?)

    Am I missing something here?


Comments

  • Registered Users, Registered Users 2 Posts: 16,161 ✭✭✭✭Witcher


    Try asking them.


  • Closed Accounts Posts: 2,957 ✭✭✭miss no stars


    I found a few of my peers funded cars with their grant, which had been gotten because mummy and daddy were self employed and fiddled the figures. The reality was that their parents supported them and the grant was spending money for the car. Then there were others who somehow found the time to have a weekend job to keep them ticking over during the year and worked full time during the summer to pay for the car. A lot of the time, though, I've seen parental involvement in that the parents may not pay for the car, but they do pay for everything else.


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