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Woah! This post appears to relate to the original purpose of the thread.
Mods, come quickly, it's all kicking off over here!
Be honest please.
- Thread starter FF1078
- Start date
Woah! This post appears to relate to the original purpose of the thread.
Mods, come quickly, it's all kicking off over here!
FF1078
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FF1078
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Money is only cheap if it replaces other money that is earning a better return. If it is not then it's not cheap but offers some other attraction such as flexibility of exit or bringing a consumption event forward.
midlifecrisis
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Very sound words. The return on savings is very low at the moment, the best one out there is 5% but you can only pay in 250 a month for a year.
Sure you can gamble it on stocks and shares but they go down as well as up.
I looked into Funding Circle last year but was warned off due to unscrupulous borrowers and having to fund something I'm unsure of.
So borrowing seems attractive
JonW
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I’ve been looking into Wellesley... seems an interesting idea
Ian3200
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Agreed!
midlifecrisis
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Be careful, some saving plans are not covered by the Financial Services Compensation Scheme (FSCS) including Wellesley. So if they go pop, whistle your hard earned goodbye
alfatwo
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hoyin
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All this talk about financing cars could be irrelevant in 10 years time.
https://www.bbc.com/news/business-45786690
My concern though is:
1. Rise in electricity costs
2. If cars are lasting for 500,000 miles then surely the cost of them goes up
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https://www.bbc.com/news/business-45786690
My concern though is:
1. Rise in electricity costs
2. If cars are lasting for 500,000 miles then surely the cost of them goes up
Sent from my iPhone using Tapatalk
MrMickS
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Typical HYS click bait opinion piece IMO.
All of this 'self driving cars' on call is all very well but it doesn't cater for peaks unless you cars available for everyone that currently has a car now, that's frequently two per household. The "don't worry if you're rural because there will be one waiting in your village" is a sop to us that live in the country. A whole car, for the village, aren't we blessed? Fork off back to your city you patronising twonk. If this reality worked why doesn't everyone use taxis?
All of the doomsaying about cars only really deals with city dwellers in first world countries. It doesn't address the rest of the world. Even the picture that they have of New York emphasises that. The horse was so outdated that it formed the backbone of the transportation system used by the German army in WW2. That's in spite of the newsreels showing highly mechanised forces rolling through the low countries.
Its all total bo!!ocks and they know it. A hi-tech Silicon Valley pipe dream. I've no doubt that self driving electric car services will become the norm in cities in my lifetime, I intend to live a long life. They won't replace privately owned, and driven, cars completely though.
I can't see why electricity prices would rise. Renewables are likely to become more efficient as we work our way through generations of equipment. This will lead to more electricity generated using just capex and maintenance payments. No fuel costs. That should allow costs to come down, especially if volumes go up as smaller margins can be sustainable.
The cars lasting 500,000 miles is rubbish too. The drivetrain may last 500,000 miles but there's a lot more to a car than the drivetrain. In the picture they paint that mileage would probably be done quickly anyway as one car will be servicing the needs of many people. So a car that spends 95% of its time not doing anything now and does 10,000 miles, might only spend 10% of its time doing nothing. So that's what, 180,000/year? The 500,000 is racked up in three years. Don't forget that there would be additional mileage for the cars getting to the pick up points after then end of the previous journey.
All of this 'self driving cars' on call is all very well but it doesn't cater for peaks unless you cars available for everyone that currently has a car now, that's frequently two per household. The "don't worry if you're rural because there will be one waiting in your village" is a sop to us that live in the country. A whole car, for the village, aren't we blessed? Fork off back to your city you patronising twonk. If this reality worked why doesn't everyone use taxis?
All of the doomsaying about cars only really deals with city dwellers in first world countries. It doesn't address the rest of the world. Even the picture that they have of New York emphasises that. The horse was so outdated that it formed the backbone of the transportation system used by the German army in WW2. That's in spite of the newsreels showing highly mechanised forces rolling through the low countries.
Its all total bo!!ocks and they know it. A hi-tech Silicon Valley pipe dream. I've no doubt that self driving electric car services will become the norm in cities in my lifetime, I intend to live a long life. They won't replace privately owned, and driven, cars completely though.
I can't see why electricity prices would rise. Renewables are likely to become more efficient as we work our way through generations of equipment. This will lead to more electricity generated using just capex and maintenance payments. No fuel costs. That should allow costs to come down, especially if volumes go up as smaller margins can be sustainable.
The cars lasting 500,000 miles is rubbish too. The drivetrain may last 500,000 miles but there's a lot more to a car than the drivetrain. In the picture they paint that mileage would probably be done quickly anyway as one car will be servicing the needs of many people. So a car that spends 95% of its time not doing anything now and does 10,000 miles, might only spend 10% of its time doing nothing. So that's what, 180,000/year? The 500,000 is racked up in three years. Don't forget that there would be additional mileage for the cars getting to the pick up points after then end of the previous journey.
hoyin
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Surely because the government will want to recoup the money they have lost from taxing petrol.
Therefore tax electricity that are fueling cars a lot more heavily?
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outrun
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Yeh whatever. If the West truly starts to change over to electric, OPEC will force the governments to slash prices to the end user to maintain production levels. They are the most influential group in the world, controlling currency pegging. That's not going to be watered down easily.
lifes2short
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wouldn't worry too much, if Corbyn gets in we're all buggered 
outrun
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wouldn't worry too much, if Corbyn gets in we're all buggered
If Corbyn gets in I may lose all faith in humanity. I reckon I'd seriously consider leaving the UK and would probably change my Scottish vote to be pro independence.
lifes2short
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it's all the brainwashing of the younger generation by the Corbyn mob that's gonna get us in the sh-it, they are so naïve, gullible and clueless
GeoffCapes
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wouldn't worry too much, if Corbyn gets in we're all buggered
If Corbyn gets in then I'll give up beer.
Fortunately the former is as likely as the later.
lifes2short
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outrun
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Remember when the country slated Gordon Brown and John Major. Oh to have strong, centre politicians like that around today.
The problem appears to be Russian meddling too. It suits Russia to destabilise others and they seem to be doing a grand job of that without any fear of recourse.
Anyway, back on topic, I always borrow to buy high value cars!
The problem appears to be Russian meddling too. It suits Russia to destabilise others and they seem to be doing a grand job of that without any fear of recourse.
Anyway, back on topic, I always borrow to buy high value cars!