Getting a new car in Uk?

[Adam_Khan]

I try my best too. I own everything outright, including two cars and my houses.
Sometimes you don't have options but to borrow.



I have to struggle to buy a good car or spend on something like house improvements etc Despite having over £8000 a month net income, I mean disposable income after taxes.
That's why I always say to the supporter of PMLN that in his life Nawaz best income was around £100,000 in a year.
How in such income the whole family, dependents of Nawaz, i.e. his wife (now Expired) Maryam and her children (dependent on Nawaz) can even afford regular first class travel to and Pakistan. While I have not visited Pakistan for over 8 years. Cannot afford it. Not to talk about LV hand bags and other designer goodies by Maryam and her late mother.

The Butts are making the Pakistanis fool. I am more richer (I wish) than Nawaz Sharif according to his tax record.
This is how ridiculous they had been with Pakistani nation.
Wake up guys, you are taken for a ride by the corrupt thugs.

I'd be a happy man even if I get 5000 after paying taxes.

 

[crankthatskunk]

I'd be a happy man even if I get 5000 after paying taxes.

I work in a professional field where you get tax incentives. Second, I am starting a new business from 1st July.
Otherwise, I can not get that much either. it is from different sources, not from a job. I left my job last year and now doing generating/earning through different means including providing professional services to Authorities in the UK.

 

[VCheng]

I'd be a happy man even if I get 5000 after paying taxes.

What is more important than after tax income is disposable income.

 

[Verve]

But what about professionals with 7-10 years of experience after university degrees?

It all depends on the Profession and the Sector. Anything from £40k to £100k+.

In a lot of professions, degrees don't count for much. It's the professional qualification that counts. Degree holders alone of most professions don't earn a lot.

 

[Skywalker]

I save around that much every year i.e. 700k in seks despite all my spendings on travel and outdoor activities but I don't upgrade my car every year rather, my cycle is 5 years. I don't spend too much on the vehicle either. I always find a compromise between my budget and requirements. People in UK can spare a lot more since taxes are lower than Scandinavia. I think the Urdu phrase, "paon dek kar chaddar pelana" is true in my case. So always stay in the budget and no need for lease but I'm not against leasing.

You did not get my question, you said it’s easy to save about £50k easily in uk every year. Which world you are living in.

 

[war&peace]

You did not get my question, you said it’s easy to save about £50k easily in uk every year. Which world you are living in.

In Sweden

 

[Army research]

Hello everyone,
I have been working in Uk for 3 years now and have been using a 2013 model Vauxhall corsa but now am thinking of upgrading my car,problem is I don't have the finances to outright buy a new car so what's the better option then.Shall I look for a slightly used car through PCP deals or shall I try to get a car lease?
Would really appreciate anyone's guidance on this.

I'd recommend you look at 2010-2016 sedan class cars , could you tell me your budget range for the car ( bare in mind insurance costs are seperate)

 

[Skywalker]

In Sweden

So in Sweden you can save equivalent to £50k every year by doing a normal job.

 

[Blue Marlin]

Hello everyone,
I have been working in Uk for 3 years now and have been using a 2013 model Vauxhall corsa but now am thinking of upgrading my car,problem is I don't have the finances to outright buy a new car so what's the better option then.Shall I look for a slightly used car through PCP deals or shall I try to get a car lease?
Would really appreciate anyone's guidance on this.

for finance pcp is where you make an initial deposit and over the course of typically 3-5 years you come to the end of your agreement and you can either choose to return the car for a new one. or pay the outstanding amount typically called a baloon payment.
with hire purchase HP its similar but here your paying to keep the car so theres no final balloon payment. this would mean toyur monthly payments would be higher.

interest rates are at about 4.5% for car finance if you have decent credit rating.i would go to the bank and get a bank loan which are depending on the loan package at low as 2%

if it was me i would find a used car which is 3-4 years old where most of the value is lost and not on you, and then get a bank loan to finance it.

considering you have a corsa. go for a german hatchback like a audi a3 or a bmw 1 or 3 series or a merc a,b or c class. they lose they value slowly after 3-4 years from new, but not as bad as a vauxhall or french cars

 

[Hasan89]

Sir, what's a normal job pay in UK?

Depends on the job. If it’s minimum wage then it’s around 17-20k. But permanent jobs for some companies might get lot more.

 

[Adam_Khan]

So in Sweden you can save equivalent to £50k every year by doing a normal job.

Time to move to Sweden then.

 

[The Diplomat]

In Sweden

Isn't Sweden's average income around $32,000 per year?

 

[war&peace]

Isn't Sweden's average income around $32,000 per year?

No, what is your source?
GDP per capita of Sweden is $47000 (46949.28) for 2019 acc. to the WB. And that includes all even those who are working in the restaurants and other low paying jobs.

 

[Skywalker]

Time to move to Sweden then.

That’s height of exaggeration on his part.