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Author Loans.
Gower
Member

Registered: 18th Mar 01
Location: So close.....yet so far
User status: Offline
7th Apr 03 at 14:29   View User's Profile U2U Member Reply With Quote

Who has got a loan out to pay for or modify their car? If you have how much and how long you paying it back over?

My first car was payed for by cash. Ford Fiesta.

2nd car, My corsa. Got a 2k loan payable over 3 years. That went towards paying it, The rest was my savings.

Am getting another loan out as soon as i get a job to get my next car.


Brett
Premium Member

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Registered: 16th Dec 02
Location: Manchester
User status: Offline
7th Apr 03 at 14:46   View Garage View User's Profile U2U Member Reply With Quote

where u get your loan mate?
bank or somewhere else?
Sam
Moderator
Premium Member


Registered: 24th Dec 99
Location: West Midlands
User status: Offline
7th Apr 03 at 14:48   View User's Profile U2U Member Reply With Quote

The only loans I have are 2, and they are house-related. I would never get a loan only for the purpose of modding my car.
Gower
Member

Registered: 18th Mar 01
Location: So close.....yet so far
User status: Offline
7th Apr 03 at 14:51   View User's Profile U2U Member Reply With Quote

Mine is a marks and spencer loan.
corb
Member

Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
User status: Offline
7th Apr 03 at 16:12   View User's Profile U2U Member Reply With Quote

got one with egg, paying back over 6 months.
Matty Hall
Member

Registered: 22nd Oct 00
Location: Burton on Trent (midlands)
User status: Offline
7th Apr 03 at 17:56   View User's Profile U2U Member Reply With Quote

Direct line, Lombard direct have very low intrest rates when sorted out over the internet. Only 6.8% and 6.9%
Phil321
Member

Registered: 10th Mar 01
Location: Manchester
User status: Offline
7th Apr 03 at 18:39   View User's Profile U2U Member Reply With Quote

you on commission?
jm960326
Member

Registered: 24th Aug 02
Location: Rob Cheshire
User status: Offline
7th Apr 03 at 18:44   View User's Profile U2U Member Reply With Quote

Personnally I would never have a loan, preffer save up to get anything. Dont see point in it costs you too much, if you cant afford buy it get something else. I know thats not always possible and if a loan is the only answer do it. My ex had loan for her car cost them a fortune pay it off after she wrote the car off as insurance didnt cover whole amount of course! Look at pros and cons, wouldnt get one for mods though! Never get your money back on mods

 
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