Thread: new car deals
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      03-22-2011, 12:11 PM   #23
gIzzE
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Drives: F11 + 911 C4
Join Date: Apr 2006
Location: Norfolk, UK.

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Quote:
Originally Posted by rogerxp View Post
My whole world is financed up to the hilt; I just can't get enough 'free' money .

Haha


I finance my cars, well I bought my current E320cdi estate for £18000 cash, but then needed to do some work on the house so financed the car at 3% above base and £13k to release some funds.

I also borrowed £100,000 to buy the remaining shares in my company 5 years ago over 15 years, and have got that down to around £18000 now, so hoping to have it paid off in no more than 2 years.

Also have a mortgage for £212,000 which was fine 2 years ago when the property was worth £350k+, but bet it is worth no more than £250k at the moment, maybe even less.

So I feel completely financed up, but hopefully in 2-3 years time that will all seem a distant memory and will have been worth the gamble.
We shall see!!
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