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Author my gran died.........
psycho sport
Member

Registered: 27th Mar 03
Location: Guildford Surrey Drives: Vauxhall Monaro
User status: Offline
18th Sep 03 at 20:23   View User's Profile U2U Member Reply With Quote

(about 4 months ago)and i ve got some money from her will.
i've got some options........

mini cooper or cooper s depending on finance and insurance.

or

2.0 red top 16v conversion in to my corsa.

i like the whole under dog thing. so people get a suprise when i race them.
but i need to know what kinda of money it's gonna cost to do the conversion all in and what kinda insurance people pay.

please post any helpful suggestions and any un helpful ones(for shits n giggles)

cheers

xxx
AndyW
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Registered: 28th Oct 02
Location: Greater London
User status: Offline
18th Sep 03 at 20:24   View User's Profile U2U Member Reply With Quote

invest in in a high interest bank account then in a good few years time ull av loads more and can buy summat sweeeeeeeeter.
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 20:25   View User's Profile U2U Member Reply With Quote

About £1500 for 2.0L conversion, Depends what you want.

Insurance - Havnt got a clue, ask an insurance company
psycho sport
Member

Registered: 27th Mar 03
Location: Guildford Surrey Drives: Vauxhall Monaro
User status: Offline
18th Sep 03 at 20:30   View User's Profile U2U Member Reply With Quote

i've only been given a small bit of money for now and i get the rest when i'm 21.
psycho sport
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Registered: 27th Mar 03
Location: Guildford Surrey Drives: Vauxhall Monaro
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18th Sep 03 at 20:31   View User's Profile U2U Member Reply With Quote

what options do i have wiv a 2ltr conversion?
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 20:31   View User's Profile U2U Member Reply With Quote

How old are you???
Stuckey
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Registered: 5th Jun 02
Location: Plumstead, Greater London
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18th Sep 03 at 20:32   View User's Profile U2U Member Reply With Quote

i am also inherting money from my nan soon, but i would reccomend putting in a high intrest savings account too
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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18th Sep 03 at 20:33   View User's Profile U2U Member Reply With Quote

I would say put it in a high interest account aswell, wouldnt waste it now!

Have it so you cant get it out until your 21 or whatever and you'll get a better interest rate!
nik
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Registered: 19th Jun 00
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18th Sep 03 at 20:35   View User's Profile U2U Member Reply With Quote

Don't waste it on a Corsa, save the cash your be thankfull when your older. Never get your money back modding a car, put it away towards a house or something
psycho sport
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Registered: 27th Mar 03
Location: Guildford Surrey Drives: Vauxhall Monaro
User status: Offline
18th Sep 03 at 20:37   View User's Profile U2U Member Reply With Quote

my gran was quite minted and the money i get when i m 21 is 10 times what i have now! i wana get a new car or engine conversion.
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 20:38   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Stuckey
i am also inherting money from my nan soon, but i would reccomend putting in a high intrest savings account too


Thats what I done when i came into some money, took out 2 PEP's, a few £k into shares in a couple of companies(worked for BP at the time so put as much as they would let me at the time), and bought my GSi Dont have the GSi anymore but in less than a year the investments + shares will be worth over £20k

Think about it before blowing all your nan's cash
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 20:40   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by psycho sport
my gran was quite minted and the money i get when i m 21 is 10 times what i have now! i wana get a new car or engine conversion.


Well in that case go for it
Stuckey
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Registered: 5th Jun 02
Location: Plumstead, Greater London
User status: Offline
18th Sep 03 at 20:46   View User's Profile U2U Member Reply With Quote

take a mini cooper s for a test drive, then try to imagine u have a 2.0 engine in your car and drive about see which u like more
vibrio
Banned

Registered: 28th Feb 01
Location: POAH
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18th Sep 03 at 20:47   View User's Profile U2U Member Reply With Quote

open a mini cash isa
Stuckey
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Registered: 5th Jun 02
Location: Plumstead, Greater London
User status: Offline
18th Sep 03 at 20:47   View User's Profile U2U Member Reply With Quote

what is an isa?

is it where u invest money and in a few years u might get back more money or u might get back less?
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 21:00   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Stuckey
what is an isa?

is it where u invest money and in a few years u might get back more money or u might get back less?


Its just a High interest savings account, which you take out for a period of time (3 years mine was) and just leave it, interest builds up and is non-taxable I believe
Stuckey
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Registered: 5th Jun 02
Location: Plumstead, Greater London
User status: Offline
18th Sep 03 at 21:06   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin J
quote:
Originally posted by Stuckey
what is an isa?

is it where u invest money and in a few years u might get back more money or u might get back less?


Its just a High interest savings account, which you take out for a period of time (3 years mine was) and just leave it, interest builds up and is non-taxable I believe


can u loose money taking out an isa?
and-m
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Registered: 5th May 02
Location: Liverpool. Drives. Skud vRS.
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18th Sep 03 at 21:09   View User's Profile U2U Member Reply With Quote

no...
Colin
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Registered: 4th Apr 02
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18th Sep 03 at 21:11   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Stuckey
quote:
Originally posted by Colin J
quote:
Originally posted by Stuckey
what is an isa?

is it where u invest money and in a few years u might get back more money or u might get back less?


Its just a High interest savings account, which you take out for a period of time (3 years mine was) and just leave it, interest builds up and is non-taxable I believe


can u loose money taking out an isa?


No - not like buying shares, no risk at all - thats the good thing about them.

Top tip, buy some shares in an oil company and wait for the next terrorist attack - sept 11th they went through the roof, guy i worked with cashed all his, bought outrite his flat and came into work next again week with new car. Gotta be quick tho cause afterwards they fall. Wars are good for oil shares - harsh but true
Stuckey
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Registered: 5th Jun 02
Location: Plumstead, Greater London
User status: Offline
18th Sep 03 at 21:44   View User's Profile U2U Member Reply With Quote

k thx
barry_kellett99
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Registered: 19th May 03
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18th Sep 03 at 22:37   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Colin J
quote:
Originally posted by Stuckey
quote:
Originally posted by Colin J
quote:
Originally posted by Stuckey
what is an isa?

is it where u invest money and in a few years u might get back more money or u might get back less?


Its just a High interest savings account, which you take out for a period of time (3 years mine was) and just leave it, interest builds up and is non-taxable I believe


can u loose money taking out an isa?


No - not like buying shares, no risk at all - thats the good thing about them.

Top tip, buy some shares in an oil company and wait for the next terrorist attack - sept 11th they went through the roof, guy i worked with cashed all his, bought outrite his flat and came into work next again week with new car. Gotta be quick tho cause afterwards they fall. Wars are good for oil shares - harsh but true


Depends on the ISA
Stuckey
Member

Registered: 5th Jun 02
Location: Plumstead, Greater London
User status: Offline
18th Sep 03 at 22:40   View User's Profile U2U Member Reply With Quote

what depends on isa?
Phil321
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Registered: 10th Mar 01
Location: Manchester
User status: Offline
18th Sep 03 at 23:10   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by psycho sport
mini cooper or cooper s depending on finance and insurance.

or

2.0 red top 16v conversion in to my corsa.



is it just me or does the latter cost £1500 and the former cost £15000, a slight difference? Either way, fuck the Corsa, get a Mini, although you will have to wait several months, you will get a better car with better residuals.
ELZ_Sri
Member

Registered: 24th Mar 03
Location: Wirral, Merseyside Drives: Corsa C 1.8Sri
User status: Offline
18th Sep 03 at 23:38   View User's Profile U2U Member Reply With Quote

I got quotes for a mini cooper when I got to 21 with 4 years NCD in my own name. Some wouldn't touch me. Those that would wanted over 2K and insisted I fitted a tracker!
Scott
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Registered: 11th Mar 01
Location: Kilmarnock,Scotland
User status: Offline
18th Sep 03 at 23:48   View User's Profile U2U Member Reply With Quote

oil rig company shares

my dad runs one and his hunderes of shares in it , where my cash is going soon

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