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Moving from bangernomics

packiec50 · 2021-07-03 09:39:12

So after years of bangenomics and spending as little as possible on cars, I've got to the stage where I need reliability for a few years. I know it's different for everyone but what is the best way of buying a new or nearly new car? Current car is worth a few hundred at most and I would not have the a massive deposit saved…

03-07-2021 9:39am

#1

packiec50

Registered Users, Registered Users 2 Posts: 30 ✭

Join Date: December 2010

Posts: 26

So after years of bangenomics and spending as little as possible on cars, I've got to the stage where I need reliability for a few years.
I know it's different for everyone but what is the best way of buying a new or nearly new car? Current car is worth a few hundred at most and I would not have the a massive deposit saved up.
Wondering about PCP Vs HP Vs bank loan really

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Comments

#2 03-07-2021 12:25pm

Flinty997

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Posts: 13037

Dunno if this is useful... https://youtu.be/qxAGQtI4Ucw

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#3 03-07-2021 2:11pm

James Bond Junior

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Posts: 4985

Budget?

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#4 03-07-2021 2:44pm

Buddy Bubs

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Leave your bangernomics car out of the deal anyway. Just be aware that going in to any kind of finance deal without much of a deposit means you'll be in year 3, 4 or even 5 before you have any equity in the car to change again if you want to.

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