thread: Do you have a car loan or own outright?

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  1. #1
    Registered User

    Jun 2007
    Dandenong Ranges, Melbourne.
    5,673

    which cars don't decrease in value?

  2. #2
    Registered User

    Sep 2011
    Brisbane
    97

    The ones made out of gold

  3. #3
    Registered User

    Jul 2010
    Melbourne
    2,737

    which cars don't decrease in value?
    None, unless you plate them in gold

    Ausgirl, I took out a small loan to pay for a 2000 Mitsubishi Lancer, which I paid off a couple of years ago. We have another personal loan of $15k from our wedding (NO, my parents didn't pay because they don't have a spare $20k in the bank) that we are half way through paying off so I will probably re-draw on that for another car which would be second hand, of course. And then when we finally have a mortgage, whatever we have left to pay will all be rolled into it.

  4. #4
    Registered User

    Jan 2009
    5,235

    None, unless you plate them in gold

    Ausgirl, I took out a small loan to pay for a 2000 Mitsubishi Lancer, which I paid off a couple of years ago. We have another personal loan of $15k from our wedding (NO, my parents didn't pay because they don't have a spare $20k in the bank) that we are half way through paying off so I will probably re-draw on that for another car which would be second hand, of course. And then when we finally have a mortgage, whatever we have left to pay will all be rolled into it.
    Not sure why that reply was directed to me....