Off Topic The cost of living

Dont start doing pcp
Nasty drug

 

90% if all cars are bought that way

 

When I bought my car I took out a personal loan with Sainsbury's bank and then paid them back, the interest and the payments were far lower than PCP and the car is now mine to own after the payments ended.

 

Try doing anything without a mobile phone / internet these days

 

Same here well when my payments end anyway

 

The other theory is never own a depreciating asset.
Lease depreciating assets buy appreciating assets

Neither/both theories are right it depends on you're attitude to risk and reward

 

I think this is by far the most economic way to own a car - someone else has paid the steepest depreciation and you're buying in the zone where the depreciation has bottomed out. As long as it's a well maintained car and usually a Toyota or a Honda, the losses are minimal.

 

Wow, crazy stat if true!!

 

You say you know what it's based on but then complain about something else. Just because people can afford it doesn't make it OK. People "afford" it in lieu of saving, which means there's a cliff approaching.

As someone who works in the liquor industry, believe me people are not "carrying on as they were" anyway. As OLM said, there's huge changes in consumer spending. Just because coffee shops are still full doesn't mean prices going up doesn't have an impact.

 

its disgraceful but greed will be greed

 

I've not once said prices going up doesn't have an impact, I've just said it's made out to be a lot worse then it is by the media

 

We'll have to agree to disagree then.

 

By ‘clothing sales are still running way beyond expectation‘ do you mean people are buying more clothes than expected?

 

Thought so.
Unless people were buying more clothes just to wear more to keep warm!

 

Went to North Point (Branny) Centre, struggled to find a parking space, in either car park! Greggs was packed as was every where else.

 

There's not a massive amount of parking space there

 

Many, many people are doing all of those things on credit plans, loans, and credit cards, building up more and more unsustainable debt. I know a few people that on the surface live well, drive a nice car, holiday regularly, but in reality they’re up to their eyeballs in debt they can barely keep on top of, and they’re doing it all to keep up appearances with friends and neighbours.

 

There's always been lasses in fur coats and no knickers.

 

TBF it's been like that for certain people no matter the state of economy etc. as I said, is it really a cost of living crisis or is it just people have their priorities wrong.