I've had a car on finance before which is grand but I'm saving now to buy a car outright at the end of the year. The thing is I know when the time comes I won't want to drain my savings account to buy the car. I've never had any savings before and it's a scary thought to hand it all over£9k loan, which I took out last week to pay for a new car.
Around £14k student loan.
£250k mortgage
20% of the value of our property in government help to buy loan.
So, quite a lot when you see it all written down. I could have bought the car outright but decided I’d prefer to have the savings.