Jamesy Posted March 20, 2012 Share Posted March 20, 2012 Can anyone point me in right direction... Or offer lol Found a car i really really want abroad and the 2 interested in mine wont be able to give cash i need in time I know irs not a great idea but in tempted to borrow the money (£17k) for a few months til i sell mine. Where can i go for a short term loan, or any other ideas to bridge the gap?? Quote Link to comment Share on other sites More sharing options...
Jurgen-Jm-Imports Posted March 20, 2012 Share Posted March 20, 2012 bank ? lloyds tsb offer no payment for 3 months loan.. Quote Link to comment Share on other sites More sharing options...
Havard Posted March 20, 2012 Share Posted March 20, 2012 Credit Card? I have £17K but you won't like my interest rates. H. Quote Link to comment Share on other sites More sharing options...
Geo Posted March 20, 2012 Share Posted March 20, 2012 IMO mate, DON'T!!! Wwhat happens if the 2 buyers for your car pull out, or can't get the funding. Your going to be stuck. Yes its a car that you so want, but its not worth the risk in this climate at the moment. Quote Link to comment Share on other sites More sharing options...
johnny g Posted March 20, 2012 Share Posted March 20, 2012 IMO mate, DON'T!!! Wwhat happens if the 2 buyers for your car pull out, or can't get the funding. Your going to be stuck. Yes its a car that you so want, but its not worth the risk in this climate at the moment. This. If you can't fund it without selling, then don't buy it. If you want it BAD enough, then reduce the price of yours for a quicker sale. Quote Link to comment Share on other sites More sharing options...
Lee_e Posted March 20, 2012 Share Posted March 20, 2012 Mafia ?? In all seriousness though, Lloyds tsb or any other bank really. I personally wouldnt do it, only due to the fact that what has been said already.. Is it really worth the risk ? Get some links or pictures of the car in discussion and we can tell you if its a bad idea or good Quote Link to comment Share on other sites More sharing options...
dude Posted March 20, 2012 Share Posted March 20, 2012 1000% interest and 1 kidney as a deposit.....................call 0800 Dudefastloan !!!!! Quote Link to comment Share on other sites More sharing options...
Ricky49 Posted March 20, 2012 Share Posted March 20, 2012 Pmed mate Quote Link to comment Share on other sites More sharing options...
Jamesy Posted March 20, 2012 Author Share Posted March 20, 2012 IMO mate, DON'T!!! Wwhat happens if the 2 buyers for your car pull out, or can't get the funding. Your going to be stuck. Yes its a car that you so want, but its not worth the risk in this climate at the moment. Yeah thats what my misses said. Im pretty confident that one of the 2 buyers is good for it. I admit its a bit dangerous but absolute worst case is id have to break my car if it didnt sell, but i'll do everything else possible before thag. What i was thinking is if i borrowed £17k say over 5yrs the monthly payments wouldnt be TOO bad and even if it takes 5/6 months to sell i will be able to clear the loan and have some change. Quote Link to comment Share on other sites More sharing options...
Jamesy Posted March 20, 2012 Author Share Posted March 20, 2012 bank ? lloyds tsb offer no payment for 3 months loan.. Oh really....interesting thanks Jurgen Quote Link to comment Share on other sites More sharing options...
Jamesy Posted March 20, 2012 Author Share Posted March 20, 2012 1000% interest and 1 kidney as a deposit.....................call 0800 Dudefastloan !!!!! Theres a history of kidney problems in my family, and my lungs are a bit screwed from smoking, i can offer you my left ear which only rings occassionally. Quote Link to comment Share on other sites More sharing options...
bignum Posted March 20, 2012 Share Posted March 20, 2012 Just sell a few of those quickshift kits;) Quote Link to comment Share on other sites More sharing options...
dude Posted March 20, 2012 Share Posted March 20, 2012 Theres a history of kidney problems in my family, and my lungs are a bit screwed from smoking, i can offer you my left ear which only rings occassionally. I have enough ears already, fingers im still collecting though !!! Quote Link to comment Share on other sites More sharing options...
fastcar Posted March 20, 2012 Share Posted March 20, 2012 Yeah thats what my misses said. Im pretty confident that one of the 2 buyers is good for it. I admit its a bit dangerous but absolute worst case is id have to break my car if it didnt sell, but i'll do everything else possible before thag. What i was thinking is if i borrowed £17k say over 5yrs the monthly payments wouldnt be TOO bad and even if it takes 5/6 months to sell i will be able to clear the loan and have some change. the repayments will be around the £370 mark and you will be paying them back around 22k over the five year loan on lloyds TSB Quote Link to comment Share on other sites More sharing options...
Jamesy Posted March 20, 2012 Author Share Posted March 20, 2012 the repayments will be around the £370 mark and you will be paying them back around 22k over the five year loan on lloyds TSB Thats the point mate i wouldnt plan i paying for it for more than 6-9months Quote Link to comment Share on other sites More sharing options...
TheTurtleshead Posted March 21, 2012 Share Posted March 21, 2012 IF you got a deposit on the car, would they hold it for long enough for you to get yours sold? Quote Link to comment Share on other sites More sharing options...
Robzki Posted March 21, 2012 Share Posted March 21, 2012 Credit cards get my vote here 0% for 12mnths but with a 3-5% fee. I have plenty want to borrow one? Quote Link to comment Share on other sites More sharing options...
SPG Posted March 21, 2012 Share Posted March 21, 2012 Cant you just wait? Quote Link to comment Share on other sites More sharing options...
jay200bhp Posted March 21, 2012 Share Posted March 21, 2012 you could die tomorrow buy it and sell yours mate! get the money how ever it sounds youve made your mind up anyway Quote Link to comment Share on other sites More sharing options...
CJ Posted March 21, 2012 Share Posted March 21, 2012 As some others have said, this is a bad, bad idea. IMHO, there are so many things that can go wrong it really is not worth the risk Quote Link to comment Share on other sites More sharing options...
CJ Posted March 21, 2012 Share Posted March 21, 2012 you could die tomorrow buy it and sell yours mate! get the money how ever it sounds youve made your mind up anyway You make it sound as if selling his current car is easy. In this climate that is not the case. Quote Link to comment Share on other sites More sharing options...
Guest JohnSupra1 Posted March 21, 2012 Share Posted March 21, 2012 Don't do that! sell your car first then buy what you found.. simple! Quote Link to comment Share on other sites More sharing options...
AndyT Posted March 21, 2012 Share Posted March 21, 2012 1000% interest and 1 kidney as a deposit.....................call 0800 Dudefastloan !!!!! They're so last years rates Dude. 2-3000% is the new 1000% (more on wonga or quick quid, shark etc). Jamesy. I do believe companies like wonga etc exist because the banks have plugged the holes for settling up loans taken over a long period early. There will be settlement fees. Forget about it 'til yours sells. Quote Link to comment Share on other sites More sharing options...
SupraStar 3000 Posted March 21, 2012 Share Posted March 21, 2012 Worst thing i did was get a 10k loan to by a car. Still paying £275 a month and its crippling me Quote Link to comment Share on other sites More sharing options...
mellonman Posted March 21, 2012 Share Posted March 21, 2012 another car will come up, as said wait. things can go wrong fast and the banks and what not are still in major trouble with the recession the way it is. but could you not add it to your morgage (if you have one) and then pay that off once you sell the car , just and idea not what i would do at all, if you still use you car then anyone could smash into you at any point and you would be stuffed if they had no insurance Quote Link to comment Share on other sites More sharing options...
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