S2000 Finance - S2KI Honda S2000 Forums



UK & Ireland S2000 Community Discussions related to the S2000, its ownership and enthusiasm for it in the UK and Ireland. Including FAQs, and technical questions.

S2000 Finance

Reply
 
 
 
Thread Tools
Old 05-28-2009, 07:16 AM   #1
TRW
Registered User
Thread Starter
 
Join Date: Mar 2009
Posts: 501
Thanks: 0
Thanked 0 Times in 0 Posts
Default S2000 Finance

Just interested to see what peoples thoughts are on finance.

I bought my car second hand almost 2 years ago and for the first year still had some money to pay off. Was such a relief when it was all mine - im sure I enjoy it much more now.

Do people generally buy the S2000 cash in full or put it on some kind of finance? If so do you find it hampers your enjoyment at all?
TRW is offline   Reply With Quote
Old 05-28-2009, 07:32 AM   #2
Registered User
 
vadhert's Avatar
 
Join Date: Mar 2006
Location: Wokingham
Posts: 2,283
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Cash up front always.

I once bought a car on finance (when I was 18) and hated it.
vadhert is offline   Reply With Quote
Old 05-28-2009, 07:34 AM   #3
Registered User
 
Join Date: May 2009
Location: Jersey C.I
Posts: 1,099
Thanks: 0
Thanked 0 Times in 0 Posts
Default

My first car was
Sin_Chase is offline   Reply With Quote
Old 05-28-2009, 10:06 AM   #4
 
blue monster's Avatar
 
Join Date: Jul 2007
Location: Sunny south Manchester
Posts: 3,676
Thanks: 0
Thanked 1 Time in 1 Post
Default

Work for a bank like I do, get a staff loan at a stupidly cheap rate and then pay cash for your S........winner all round
blue monster is offline   Reply With Quote
Old 05-28-2009, 10:09 AM   #5
 
Join Date: Apr 2007
Posts: 8,907
Thanks: 0
Thanked 0 Times in 0 Posts
Default

You only live once.
As long as the APR is sound and you can comfortably afford the payments - and you taking care of other aspects of your life ....why not.
Gaspode is offline   Reply With Quote
Old 05-28-2009, 10:17 AM   #6
 
mikey k's Avatar
 
Join Date: Nov 2003
Location: Heart of England
Posts: 25,578
Thanks: 0
Thanked 0 Times in 0 Posts
Default


Especially with the low rates at the moment
mikey k is offline   Reply With Quote
Old 05-28-2009, 12:39 PM   #7
 
Join Date: Feb 2007
Location: Dunfermline.
Posts: 7,725
Thanks: 0
Thanked 6 Times in 6 Posts
Default

The bank still paying less to me than I would for a loan so it's cash for me, actually it has been for the last few cars.
martin j is offline   Reply With Quote
Old 05-28-2009, 12:43 PM   #8
 
m1bjr's Avatar
 
Join Date: Oct 2006
Location: Plymouth
Posts: 11,444
Thanked 4 Times in 4 Posts
Default

A
m1bjr is offline   Reply With Quote
Old 05-28-2009, 12:50 PM   #9
 
Join Date: Apr 2003
Location: Lancashire!
Posts: 330
Thanks: 0
Thanked 0 Times in 0 Posts
Default

I rather annoyingly got a rate of 5.7% APR (not secured) when I bought - best rate I've currently seen is 7.9%. Beware of secured (against your car or house) loans - low APR but big issues if you miss payments!
Steb is offline   Reply With Quote
Old 05-28-2009, 01:01 PM   #10
Registered User
 
integra_man's Avatar
 
Join Date: Jan 2008
Posts: 2,978
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Cash upfront is best. Money talks.

If you don't have the cash, a nice cheap loan is second best.

Hire purchase is a big no-no. You get screwed.
integra_man is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
WI - Garage Sale - Rare JDM & OEM Parts jackmugen02 Member S2000 Classifieds and For Sale 58 05-26-2017 08:47 PM
WI - Garage Sale - Rare JDM & OEM Parts jackmugen02 UMW Market 31 05-26-2017 08:47 PM
Εμπρός φανάρια AP1 κομπλέ tony_l Αγοραπωλησίες 4 04-04-2017 01:42 AM
OH: Staggered PF01SS 17" Wheels - Low & High Mileage Struts - 2001 S2000 ISADE Dark Side Classifieds 6 03-08-2017 07:37 AM


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -8. The time now is 11:36 PM.


 
  • Ask a Question
    Get answers from community experts
What's your question?
Send