just done some mental arithmetic,

£333 for £80K - who the hell does that - didn't know you could put a FF on a mortgage over 25 years

edited - Gaz you had me there! just posted the above at the same time you posted

If the difference between driving without regard to fuel economy and driving economically is say 5 MPG difference then that’s about 100 miles per tank. So if you’re driving economically that's about 5 gallons of petrol or about 25 quid a tank. Do people not care about 25 pounds every time they fill up ?

It can be a lot worse than that mate,

If I drive one of my Petrol RR's foot to the floor balls out - the same as one of the diesels I get 10mpg, the diesel 22 / 23 mpg.

Vogue wrote:

just done some mental arithmetic,

£333 for £80K - who the hell does that - didn't know you could put a FF on a mortgage over 25 years

edited - Gaz you had me there! just posted the above at the same time you posted

Actually you can!

Cheaperst way to finance a car purchase is to:

1. Use your own savings at a loss of say 2% interest on capital
2. Get a remortgage (or mortgage if none ) at say 4.00% interest only (no term).

Both much cheaper than leasing, contract hire, hire purchase or any car loan. Your decision as to whether you pay capital back or not. I would suggest paying back capital at least the equivalent to depreciation.

Example: House worth £500,000 with mortgage of £150,000 and salary or accounts worth £75k pa.

Flexible Remortgage of £40000 (You choose what to draw down or repay at any time) add that to your TDV8 sale of £35000 and you have a 2010 Vogue SE TDV8.

Cost per month of finance is only £133 plus any capital you decide to repay.

A £1000 a month would cover £36k of depreciation over 3 years but depreciation applies whether you buy with cash or finance.

The finance cost is only £4788 over full three years using a Mortgage or only £2400 in lost interest if you have the savings. At this point you sell the 2010 Vogue SE TDV8 for £39000 pay off the £4000 remaining mortgage and and you have the £35000 you started with....

Steer clear of expensive finance methods - that's my tip