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The Wayward Grape
Mick Drives Cars
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Comments by "The Wayward Grape" (@thewaywardgrape3838) on "3 Car Finance Traps You Should Avoid" video.
I HP'd a 2022 Mazda MX-5RF. It wasn't because I couldn't spend the money out right, it was because the interest cost was still well within budget and it's a very easy way of improving my credit rating. It came with 7k miles and total interest was £5k. Even with the interest on-top, it still worked out far, far cheaper to buy a "used" car than a new one. If I were to buy a factory-new equivilant model, it'd be £14k more expensive, WITHOUT, the interest of the loan!
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