Advice on Loan / Moving out - Corsa Sport - for Vauxhall and Opel Corsa B, Corsa C and Corsa D

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deano87

Member

Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline

16th Sep 08 at 21:25

Pay off your loan then move out. That way all you're paying out for is exactly what you need and will limit potential for financial hardship.

Graham88

Member

Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline

17th Sep 08 at 01:48

Oh & yeah I would also pay off the loan.

I hate knowing I owe money (for such a minor amount anyway, which it is compared to a mortgage) so would want it paid off asap.

deano87

Member

Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline

17th Sep 08 at 06:23

I look at it that when you move out (and now of course) it's something you HAVE to pay for, so when money gets tight, you'll have to make sacrifices even more so than without the loan. In essence, whether you default on a small amount such as the loan, or larger amount such as the mortgage, you'll still get in trouble.

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