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General => General => Topic started by: Lawrence on 14 July 2012, 12:55:41 am

Title: I'll have two!
Post by: Lawrence on 14 July 2012, 12:55:41 am

Just sold my Land Rover so I've been checking out ebay and the like for a replacement car, I stumbled on this one... check out the finance package!
http://www.ebay.co.uk/itm/Ford-Focus-C-MAX-Zetec-1-6TDCi-Diesel-2004-WEEKLY-PAYMENTS-AVAILABLE-ON-THIS-CAR-/270970717186?pt=Automobiles_UK&hash=item3f171d0402 (http://www.ebay.co.uk/itm/Ford-Focus-C-MAX-Zetec-1-6TDCi-Diesel-2004-WEEKLY-PAYMENTS-AVAILABLE-ON-THIS-CAR-/270970717186?pt=Automobiles_UK&hash=item3f171d0402)
Cash price £5995, total amount payable £11121.47  :eek   Who the hell needs a car so desparately that they'll pay double what it's worth?  It's no wonder the country is broke if people will take out credit like this  :rolleyes

Title: Re: I'll have two!
Post by: AdieR on 14 July 2012, 01:02:01 am

59.8% APR??

Sod that.
There appears to be no limit to what lenders will do to trap people into a web of debt.

Title: Re: I'll have two!
Post by: richfzs on 14 July 2012, 08:39:43 am

Sounds like a bloody fortune for a 2004 Focus anyway, 6 grand, even before you look at the atrocious finance?

Title: Re: I'll have two!
Post by: BBROWN1664 on 14 July 2012, 01:32:38 pm

You do have to wonder sometimes who in their right mind would take out finance like that but for some it is the only oprion as they can't get a bank loan.