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Pop over to piston heads there’s a thread dedicated to super cars in driveways of semis
😛I think now that this is getting to [s]an interesting discussion after the first page of flaming[/s] the heart of STW. I get that it’s about different priorities and different situations and we won’t all understand other’s opinions.
I've got a shit car and a tiny house but spend a fortune on strippers
I just lean my dustbin against any neighbour's cars that I don't like the look of.
Bloke up the road from us in a three bedroom semi has a range rover sport. He cares nothing for his appearance, he's not just fat but corpulent and decaying, and goes around in equally decaying tag t-shirts and jogging bottoms, but a few times I've seen an Aston Martin or similar in the drive for a weekend. I even saw him sitting in it in the drive with the engine running, just sitting there.
I think he really likes flash cars.
I've got a shit car and a tiny house but spend a fortune on strippers
Coke and hookers surely?
Coke and hookers surely?
Nope...
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Sugar Daddy visiting his bit on the side?
My dog cost more than my car.
It's not so much the car/house thing but the ratio of mean/median/average income relative to the cost of a car.
People on 'average' incomes driving a car worth 3-4 times their salary, it may make sense to them but it certainly doesn't to me.
Anyone whose car is worth more than their bikes is on the wrong forum 😛
I could lease a £40k car but wouldn't get a mortgage for a small house even tho my repayments would be less than my current rent.....go figure.
My brother would probably fall into that camp - although his car is not that flash its flasher than his house, and when you add his missus car in too... not bought on PCP, but paid for in cash! His salary is pretty healthy (and comes with a final salary pension) and it probably bemuses people that he hasn't moved up the property ladder when everyone else did. BUT, he had paid off his mortgage in full by the time he was 36 - his house is just big enough and he looked at his life and said he'd rather enjoy his salary by living comfortably than plough it into a bigger house just because its what everyone else does. Possibly the only sensible choice he's ever made! If you don't have any mortgage payments you can afford a lot.
PCP - the next financial bubble.
Salary sacrifice schemes will follow soon afterwards - and are financial poison; the most northerly county council on the eastern side of england are now pushing these as a means of paying for holidays; spread the cost boys'n'girls while the council, their partners and 'consultants' all take their cut - and you pay massively over the odds. Will then be promoted to other LA's and governmental organisations as a great scheme for suckers, aka employees.
I need to know what the OP drives before I can launch into a barrage of abuse...
he hasn't moved up the property ladder when everyone else did. BUT, he had paid off his mortgage in full by the time he was 36 - his house is just big enough and he looked at his life and said he'd rather enjoy his salary by living comfortably than plough it into a bigger house
I think that is a great approach - whether using the money for cars, bikes, holiday etc,.
If you are not interested in passing on the wealth in your house through inheritance then what is the point of putting so much money into a house. Chances are that in the final 1-2 years of your life it will go to pay for a care home.
If you are not interested in passing on the wealth in your house through inheritance then what is the point of putting so much money into a house
But you could use part of the house as investment. So put lots of money in and then downsize when you retire or your kids move out. That would be a good investment no? Assuming prices go up over the 30 years or so.
We live in a 2 bed terrace, mortgage,has a few years left. House is nout special but it's comfortable. She drives a Mercedes Cla 250 AMG on pcp. I have a Kawasaki Ninja 650 on hp.
We have two holidays a year, we have over £5000 worth of Pythons and boas in our back room and breed them.
Both on reasonable Salaries £30k per year me and her just under £40k.
Her daughter and boyfriend both earn £20-25k and pay £300 rent and contribute to the bills.
Both of them have Modest cars on pcp also. (Renault Clio Sport and VW Polo Gti) again both have two holidays per year.
Next door is a truck driver and has a BMW X5. All the rest of the cars on the street are mostly brand new or 2 years old max.
Who needs a fancy house. If it's warm and comfortable. Although we do plan to move into a new build 3 bed detached with Garage in the next 12 months! But I want a garage rather than a back yard!
I need to know what the OP drives before I can launch into a barrage of abuse...
An XC60 that replaced his Audi.
PCP - the next financial bubble
I agree. I've a colleague on one. They didn't understand you culd move between manufacturers, so didn't look to do so, didn't look online to compare, just walked back into main stealer at the end of 3years, with car way over miles (having been told by main stealer 'it's ok, we will sort that at end, no change needed mid-contact), and basically handed back a car in negative equity, new deposit laid down and stellar monthly payments as he does 25k miles a year. And two weeks in the car is scratched in car park and filthy inside from carrying wet dog and mucky work stuff.
The negative equity and new deposit would have bought my car outright and then some....
we had an apprentice living at home - with a new beemer 1 series....
his insurance bill for the year was more than my car cost.
he could barely afford to fuel it to drive to work.
I have a neighbour with a new jaguar xkr, a mercedes a class amg and a mini cooper s. His wife works in a supermarket checkout and his house is worth about £160k.
It's his money but I don't get it.
But you could use part of the house as investment. So put lots of money in and then downsize when you retire or your kids move out.
To me it is just the wrong way round, having lots of money when you retire by making yourself poorer when younger.
Maybe you should look at the "Working all you life. What's that all about?" thread.
Shows how little I know - I had to google “PCP” to find out what you were all going on about.
I don’t get it though - but then, if I could live a life without a car (or actually, a van) then I would do. I get no pleasure out of driving, not here and not even in Greece usually. It’s just a means of getting from one place to another or moving stuff about.
Maybe I’m just old.
An XC60 that replaced his Audi.
An outgoing model XC60 costing almost half what the Audi did per month. But neither of them could possibly be classed in the same bracket as the sort of cars I was discussing in the OP - the Audi cost £450 a month - [url= https://www.firstvehicleleasing.co.uk/car-leasing/land-rover/range-rover ]a quick look shows Range Rovers at > £1,000 a month[/url] (and that's on 5k a year) 😯
Maybe I’m just old.
Me too 🙂
He asked what you drove, I answered.
£450 a month? That’s more than my mortgage.
£450 a month? That’s more than my mortgage.
Aaaand?
Live in an ex-forestry commission semi in rural Cheshire, granted we've just had a big ass extension doubling the size of the ground floor that costing over half what we paid for the house initially in 2006, but we've got a pair of 3 Series M-Sports sat on the gravel drive.
The wife's is about to be replaced by a spangly Evoke.
Both company cars, so no mileage limits 😀
Every house I've owned has increased in value considerbly.
Every car I've owned has lost money.
I live in a big house (respective to my 'needs') and drive a '55 plate Polo.
My bike is worth more than my car.
My choice too.
It's a choice, I have mates who have had a nice cars for years and a modest home, they seem happy. I however kept the same banger for 16 years and bought a big renovation project (so some years from being flash). My plan is the appreciation and the value add I can put in by updating will make me a chunk of money to help with retire, whilst I get to live in a nice spacious house (which on occasions looks like a building site).
Must. Admit it would be much more enjoyable to have stayed in the last place mortgage free and have a Porsche....
Anyone whose car is worth more than their bikes is on the wrong forum
Blimey. The new (optimistically lower mid-range) bike means I'm unequivocally into the points here. Also the fact my vehicles/houses price ratio is under 0.15% must mean the OP [i]really[/i] approves of me. Even if the neighbours don't. I'll just bask for a bit.
Well I think spending £450 a month on a car is absolutely ludicrous, but each to their own.
Aaaand?
What? It’s more than my mortgage that’s about it really.
What? It’s more than my mortgage that’s about it really.
Ahh okay, so no actual point or insight for me to take from it then?
Well I think spending £450 a month on a car is absolutely ludicrous, but each to their own.
Agreed - I wish I had never done it and that's why my current car costs almost half that.
Not much more than somene starting a thread about other people’s choices are their cars no.
Not much more than somene starting a thread about other people’s choices are their cars no.
116 responses suggests otherwise 😉
And what about people with crap houses and crap cars....
Fiat Panda, terrace in Hillsborough here 😀
116 responses suggests otherwise
That’s less than my mortgage.
House prices are such that people with decent jobs who can afford (the payments on) relatively expensive or new cars still can't afford a house. So park their flash cars in front of their rented/shared accommodation.
When interest rates go up, the rate of new car purchase will doubtless drop.
Hopefully leading to a glut of decent 3/4 year-old cars on the forecourts of main dealers.
That’s less than my mortgage.
Touché
What amazes me is the amount of money people will spend on a FWD diesel hatchback.
I've had nice cars; V8 5+7 series, M5, Jaguar, Honda track slag et cetera but they were either sold at a profit or bought for fractions of what people will spend on some nondescript Euro shitbox.
finbar - Member
And what about people with crap houses and crap cars....
Fiat Panda
No - a Fiat Panda’s not a crap car and it’s the sort of thing that more people should have rather, than all the big **** off crew cab pickups and “lifestyle” vans that all the yummy (and some not-so yummy) mummies round here seem to favour.
Anyway, we have a Fiat Panda and a typical 120 year old Victorian terraced house, which might well be crap but we rather like it.
More people renting plus PCP?
Seems sensible to me.
I'm just about to lease another company car £384 pcm but cant decide on the color is this thread an appropriate place to ask for opinions ? 🙂
Depends how big your house is 😉
But seriously – I am not having a go at people with 'relatively' modest cars (and I would include cars up to 5 Series, A6s, Mercs etc) as I get that they are relatively cheap to rent and / or are company cars and not everyone has a disposable income to then be able to afford a bigger place etc.
It's the ones that must plough unreasonable (to me anyway) amounts of money into a car (and the running costs of Range Rovers must be eye-wateringly high too) at the expense of other things that (again, to me) are more important.
No - a Fiat Panda’s not a crap car and it’s the sort of thing that more people should have rather, than all the big **** off crew cab pickups and “lifestyle” vans that all the yummy (and some not-so yummy) mummies round here seem to favour.
Anyway, we have a Fiat Panda and a typical 120 year old Victorian terraced house, which might well be crap but we rather like it.
My Panda (aka the Popemobile) is only crap because I need to take both wheels off my bike to fit it in now I've gone 27.5" 😀
My wife ran off with a bloke with a Bentley. On the plus side though, my house feels bigger now...
Some people work hard from school to retirement and have money to buy a house and a car.
Don’t be jealous because you screwed up your life and blaming others for not having money.
Who needs a fancy house. If it's warm and comfortable.
Who needs a 'fancy' car when one a tenth of the price serves the same purpose.
I'd rather put my money into an appreciating asset than a depreciating one.
grum - Member
Well I think spending £450 a month on a car is absolutely ludicrous, but each to their own
Yeah, it’s a touch on the low side, isn’t it?
This is why I like living in a Terraced house with no off road parking. The car outside your house is rarely your own, so their status symbol value is bugger all. As a result very few people bother with flash cars...
My car is a 11 year old On-one Il Pompino....
Don’t be jealous because you screwed up your life and blaming others for not having money.
Not that at all – after all I live in Harrogate and if I felt jealous at every nice car I saw I'd be in a permanent rage. And Range Rovers are bloody everywhere anyway – it's just that the majority are usually parked outside proportionally expensive homes.
I'd rather put my money into an appreciating asset than a depreciating one.
For me it is part that, part wanting to have a nice home with a decent sized garden (I always remember the fun times I had in our big garden as a kid), part wanting to have somewhere the family can grow up together in and still have their own space and part something that can be sold when I die and give my kids a reasonable sum of money with which to help ensure they are able to be financially more secure as they grow up, have children, get old....
My Neighbour's house is in much need of redecoration / plastering / carpeting but they won't do it as they can't tolerate the mess (???).
They do however have a brand new SUV in the driveway, which goes out to a Peak District village once a week.
Since moving in we've re-decorated / extended but have an 11 year old hatchback in the driveway.
I'm pretty sure I have the best posh house/shit car ratio of anyone on STW.
Currently living in a farmhouse probably worth about £600k, but have a battered 2003 Berlingo that's probably worth about £200.
Yep we have a house we're happy with, two new modestly priced cars and a large wedge in the bank 🙂
Some of the discussion in here is why I've failed to appreciate my car, and also failed to be satisfied/decide upon what more that it is I want via PCP.
I can't stomach the thought of £450 on a car whereas in actual fact the £171 I'm paying now is fine for the car I have, and it suits all of my needs.
I live in a modest 3 bed end of terrace in London, and I'd rather enjoy that with the family/as my evenings surroundings that forking out that amount of money for a car.
I see my comfort as something for me to sit in look at and admire, not for other people*
*yes, I've changed.
Well done Kryton57, you've finally* got it 🙂
[i]* Although were you not adding an audi quattro to your want list the other day[/i] 🙂
I live in a modest 3 bed end of terrace in London,
probably only worth £2m 😉
I think now that this is getting to an interesting discussion after the first page of flaming. I get that it’s about different priorities and different situations and we won’t all understand other’s opinions.
Only on STW would people be amazed that not everyone has identical priorities. A real eye-opener... 😉
Although were you not adding an audi quattro to your want list the other day
I have 10k to resolve owning a vehicle win October '18. I decided to keep my 3yo 120d 36k miles rather than an 8yo 80k+ miles Audi. Jambalaya helped by showing me that the value of these on Autotrader is a good 3-4k higher than my PCP balloon payment.
And now I can concentrate on getting the upstairs decorated and Little Miss K her big girls bed.
Happy days.
I'm just about to lease another company car £384 pcm but cant decide on the color is this thread an appropriate place to ask for opinions ?
Same as the doors to the summer house on your appropriately priced 7 bed Surrey mansion by all accounts according to some on here 
Or that of the shit hole scrapper of a bike you should be riding 😉
I live in a modest 3 bed end of terrace in London,
probably only worth £2m
Shit area then 😆
I'm pretty sure I have the best posh house/shit car ratio of anyone on STW.Currently living in a farmhouse probably worth about £600k, but have a battered 2003 Berlingo that's probably worth about £200.
😆 😆 😆
How about ... a four bed detached in sunny Brentwood, (3 bed semi sold for 875k around the corner last week 😯 ... mental !! ) Ironical with a massive double garage..... that my Y reg golf never gets parked in 😀
Do I win , Do I win ??? 😆
Oh and the OP is absolutely correct (apart from those unfortunate souls that have to drive a lot for work)... Modest house/posh car is just stupid.
Doesn't the system love conspicuous consumption, debt and all the little symbols of the 'good life'.
Kryton57 - MemberI have 10k to resolve owning a vehicle win October '18. I decided to keep my 3yo 120d 36k miles rather than an 8yo 80k+ miles Audi.
And now I can concentrate on getting the upstairs decorated and Little Miss K her big girls bed.
Happy days.
Yay!!!!!
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Good to see K, very good to see.
Although were you not adding an audi quattro to your want list the other dayI have 10k to resolve owning a vehicle [b]win[/b] October '18.
****, I hope you don't win it in a raffle. 🙂
I decided to keep my 3yo 120d 36k miles rather than an 8yo 80k+ miles Audi.
Or mercedes you were thinking of last week 🙂
Do I win , Do I win ???
Yes. Yes you do. 🙁
I was only joking Grum .... Your farm house sounds splendid ... bet you have wonderful views ... and you cant put a price on them 🙂
Do I win , Do I win ???
Not even close mate. If I down-sized to your life I could pay cash for a brand-new Ferrari instead of the X-reg Citroen Synergie I currently drive.
But it's not about flash house/shit car for me. I've never really been in to nice cars and don't tend to look after them very well. If I bought a new car it would worry me every time I park it anywhere with all the knobs around who can't park properly or even control a shopping trolley.
I have lived in the SE all my life and my main residence is a self-build which has quadroupled in value over the 20 or so years we have been here. It serves our purpose well enough as does the Citroen Synergie for carrying four bikes and four people around on numerous occasions.
I can't see the point of spending £450 pcm to ride round in any sort of tin box but each to their own. I do think it's funny the amount of people who think they need a big 4WD off-roader to drive to Tescos though.
One thing maybe some people do need to consider though is if they invested that £450 pcm they could afford to retire 15 years early like I did while they are still young enough to enjoy themselves.
I'm just about to lease another company car £384 pcm
That’s more then my mortgage! 😉
One thing maybe some people do need to consider though is if they invested that £450 pcm they could afford to retire 15 years early like I did while they are still young enough to enjoy themselves.
Each to their own I guess, but I'd rather have inexpensive cars and retire at 55 than still be working at 60 something.
I see my comfort as something for me to sit in look at and admire, not for other people
Me too and I like cars so like to by a nice one.
That’s more then my mortgage!
😆
This thread has gone so singletrack! Now you are looked down upon if you don’t have a nice house and basic car. <1% car to house ratio!
Some of us like nice cars. I’m fine with my own decision. each to their own and I don’t judge others by the cars or houses that they own/live in.
I can't stomach the thought of £450 on a car
I can't see the point of spending £450 pcm to ride round in any sort of tin box
One thing maybe some people do need to consider though is if they invested that £450 pcm
People keep coming back to this figure – yes it's what I used to pay but I realised it was utterly bonkers too and now run a car costing nearly half that (£250 a month) and drawing more money from the business to continue to modernise our house.
And anyway, it isn't even the £450 a month sort of car that I see is bonkers – I originally posted about the >£1k Range Rover bracket sort of cars some people seem to need.
Some of us like nice cars. I’m fine with my own decision. each to their own and I don’t judge others by the cars or houses that they own/live in.
Word!
My car repayments are £1060 per month, my wife also has a £300 PCP...
My car repayments are £1060 per month, my wife also has a £300 PCP...
Do you live in a cardboard box? And is that paying for a replacement for your 2011 VW?