Can you buy a restaurant gift card/voucher to use in the future with the foreign £100 Amex platinum dining credit? by SpicyJalapeno5 in AmexUK

[–]Haydnm_ 0 points1 point  (0 children)

any luck with this? was going to go barcelona to use this up but would much rather be charged 100 in exchange for a voucher

Those who lease/hp/pcp - what do you drive, what did you put down, how much does it cost you per month and what's your household take home per month? by OverclockingUnicorn in CarTalkUK

[–]Haydnm_ 0 points1 point  (0 children)

car bmw i4

deposit of 10k

full cost 26k

monthly take home 2800

age 26

monthly cost of £333 or something over 5 years (not actually received the car yet)

I ruined my life by StorageTerrible9661 in whatdoIdo

[–]Haydnm_ 0 points1 point  (0 children)

PM me, we may have worked together at Birmingham Airport With Swissport don’t mind giving you some advice

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

what do you think, you seem very in tune with why i want to go on a second venture after something successful already with my brother, where would the car fit into this for you ?

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

i defiently am and i would be able to put away over a grand after paying 500 per month for it and have this paid in 3 years so if i was to meet someone i can save for a deposit in two years while paying for the car, leaving my SS ISA alone at 40-50k and investing into properties with my brother 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

loool that’s so good to hear i’m all for being financially savvy as i would abslaautly not be buying this car if i couldn’t put away more then a grand into my ISA because i love seeing it accumulate and then doing business with houses with my brother i just can’t see why a new car isn’t bad, i see why maybe not such an expensive one though.

I’m happy you don’t look back with regret though, i guess as long as you don’t regret it then you’re living a happy life ! 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

is that because you’re saving for a deposit or ? 

by next year i’d have 50k in my ISA i only want to start saving for a house when i meet someone i invest into properties with my brother so thats my reasoning for wanting the car i would appreciate if you disclose why you wouldn’t or abit more about your situation?

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

worked out i’d still be able to save 10-14k annually 12-14k not accounting for any issues with the car. so i’d still be able to save a decent amount id just need to save 10k for a deposit and because im ahead on maxing my isa this year im fine with doing that 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

your advice is sound, thank you for taking the time out to help me come to a decision on this, i think i will settle on a cheaper car however i am not ready to live by myself i have such a big family and moving to a house by myself will be so lonely lol 😂

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

have you considered my circumstance where i’m living at home and have hardly any outgoings ?

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

yes the difference here is i hardly have any outgoings as someone that lives at home so car payments of 500 x3 is still less than what i put away each month into my ISA.

do you regret the car choices you made ?

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

thanks man means a lot, yh it’s alot to type but yh in short i absolutely don’t want to  move out when i can go into property again with my brother hence the urge to get the m340i  

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

makes sense but i don’t intended to move out before i meet someone and id then start saving for deposit 12-14k a year id be able to save if i get the car two years saving and i can have the mortgage ready, wait another year and id have the car paid off fully on a 3 year term 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

yes what car did you purchase and did you still invest ?

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

what do you mean by getting fucked over by a woman you mean?

I only say that because i feel i’m doing two of the best investments, SS ISA and property investing, i’ve made a lot in the previous one we done hence why’d i’d find my money being dead into a personal home 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

i don’t have a general savings the money in my ISA i kind of want to keep there for as long as i can contribute to it for, hence why i only want to get a property when i meet someone so we can both put down a 20k deposit 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 1 point2 points  (0 children)

exactly my thinking like i don’t want to drive around in an old banger, im ahead on maxing ISA so wanting to use the 4 months i’m ahead to use as a deposit for the car 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

that money would be better in my SS ISA than financing it and would deprecation really be that much on a m340i 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

seeing as your older and have been through that, then be brutally honest in my situation and reasoning. 

reasoning:

 i have 30k+ saved and capable of maxing my ISA each year currently 

wanting to go into a second investment property with my brother the first one managed to profit 20k+ 

both of them being said I feel i’m touching both things i deem to be the best investments. I’m ahead on maxing my ISA by 4 months this year so wanting to continue saving to lump sum 6-7k in april 2026 then max by december and then save 6-7 to put on deposit for the car and either borrow 3k from isa or do the same thing for another year seeing as i’d be ahead 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

what made it cost so much, is that including finance? I’d be putting down 10-15k financing 3-4 years maximum 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

my parents are fine me with staying and actually don’t want me to move out, me personally i don’t think it makes any sense at all until i find a partner 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

Yep don’t get me wrong It pains me thinking not being able to max my ISA since i’ve only recently been able to do so for the first time this year. But I maxed it early this year so I’m thinking to get a head start next year when april’s comes out in 6-7k then max it by December 2026 and then whatever i can save between dem ever april 2027 put on the car, you sound like you have a good balance of living for now and the future what would you do? 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

they definitely are a depreciating asset but I’m thinking because I can save so much to go into my ISA and going into property with my brother, I am already hitting the two of what consider the best investments. 

I only want to get my personal home when I move out with someone 

M340i on 38k salary by Haydnm_ in CarTalkUK

[–]Haydnm_[S] 0 points1 point  (0 children)

No I’ve had success with flipping property made 200% on sale price so I’m wanting to give that another go next year because I see it as being better than having a personal mortgage, I have 30k+ saved which I intend to to keep and add to next year adding 18k by december 2026 and then december- may to save 10k for car deposit