who owns their car? - Page 5 - Ford Forums

svo347 · 12-06-2003, 00:43

Mine Mine Mine

Bluedriver · 12-07-2003, 18:18

Quote:

Originally Posted by XTS220

Lease mine - tax benefits are good and it doesnt use up important funds which can be used on other things like land and buildings.

To this day I can't see how it weighs up better to lease, your still paying through the nose than what the bloody wheels are worth and more regardless of the benefits. Damned if I'm going to borrow on something that 1 depreciates and 2 ongoing costs far out way the tax benefit.
Just my opinion

JC-XR8 · 12-07-2003, 18:23

Depends what you term 'owns'. I do not have a loan on my car, but I do have a mortgage which sits at around 65% of the value of our house - it's called using the equity in your home.

So, realistically, I don't owe a cent on either car, but i guess technically I do.

JADED6 · 12-10-2003, 12:24

Have owned the EA for ages (paid $5,500 for it) Considering an AU1xr6 next year (skipped a few e-series there) and i'll need half finance half cash if i go down that road.

Night_Lurker · 12-10-2003, 12:31

mine is on hire purchase....

GMACK24 · 12-12-2003, 05:26

Paid the car off last year.
Phewwwwwwwww
Got the title in the mail and everything.
It was a good feeling.

tickford2001 · 12-16-2003, 22:45

- paid cash in full for my XD (first car)
- paid 1/2 of my EA and borrowed the other 1/2 off my aunty and paid her back over 6 months
- paid cash in full for the XR8 Sprint

all my other cars were under $1000 when i bought them so i just paid cash and then did them up

bucknaked · 12-19-2003, 02:10

HT Holden- Paid cash of by my mum as my first car
HX Sandman Panel Van - finance
Magna - finance
HR Holden - cash
HQ Holden - cash
HJ Holden Panel Van - cash
XF S Ute - finance
EA S - Finance
EL Futura - borrowed against the mortage
SV21 Camry - cash
AU III XR6 - Heaps

ebxr8240 · 12-19-2003, 04:24

Me too E.B XR8 / ED XR6 / and the Mrs [she thinks]Subaru WRX...Cash

twr7cx · 12-19-2003, 04:44

Although I paid for the majority of my car (my parents filled in the gap...), it's registered in my Fathers name for Insurance reasons...