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All this assumes not spending any additional money on it for that time period...
Not. Fucking. Happening.
Having said that, it is lovely. It's probably the car you should have bought in the first place.
Just like the Rolex chat in the other thread; buy cheap, buy twice.edit: golf chat thread >>>>>>>>>>>>>>>>>>>>>>>>>>>
Soul
hugo7
This caught my eye:
https://rpmtechnik.co.uk/sales/vehicle/mk1-996-gt3/
Which is, obviously, both very yellow and moderately expensive.
I thought I'd take a look at what it would cost (financed) to put it on the drive.
I could put £10,000 in and then HSBC would lend me £50,000.
The monthly repayment would be £978.37, and overall the cost of the money would be £8,702.
I'm fairly confident that (if Brexit doesn't kill us all) the car would be worth a similar amount to today in five years, so it's the cost of the finance, insurance and maintenance to find.
Moving away from HSBC I looked at a specialist car finance place - they offer a product that combines a monthly payment with a balloon.
The same 10k down gives a monthly payment of £500, with a final balloon of £35,384. This means the total paid is £30,000 in monthlies (60*500) plus the deposit plus balloon= £75,384.
The cost of lowering the monthlies by £479 is ~£6,682.
I have an ISA that I put £500 a month in, and then empty periodically when it's useful - for e.g. I just took the money out of it to buy my girlfriends birthday present this month.
I could therefore move that £500 to paying for the GT3 and not notice it month to month although I would notice it at birthdays and Christmas.
Idle speculation to an extent, but keen to hear what you chaps would do.