financing a new motor

[mercenary for hire]

3 or 4 % is nothing.Plenty now paying 4.5 to Bank of Ireland for mortgages.I think car finance is already up to 6 or 7% with VW bank.

Who's giving 0 % finance anyway?Bet ya they're using it to shift old diesel tech that nobody else in the world wants.They just factor the finance into the cost of the car anyway.

[john m]

you could be right scoda 0% on some diesels .The inter bank lending rate is .25 it will reach 3% in two years so mortgage rates will go up .I remember 16%+ in the 80s

[mercenary for hire]

If it gets that bad we will be all in Rickshaws.

[Dr. Martin Gooter Bling]

Houses were'nt 100%+ overpriced in the 80s like they are today.

[Rat Catcher]

Inflation was significantly higher too.

[Bob Shillin]

Anyhoo back to the original post with bank interest rates likely to increase to at least 3% over the next two years dont get caught with big mortgage and car repayments .Cant see to many 0% offers lasting to long .

Paying the full price for the car on 0% finance is the same as paying interest. Pay cash and you get the discount equal to the interest.

[Shallowhal]

Anyhoo back to the original post with bank interest rates likely to increase to at least 3% over the next two years dont get caught with big mortgage and car repayments .Cant see to many 0% offers lasting to long .

Recently fixed our mortgage at 3.2% for five years with 6 yrs remaining on the mortgage,we're overpaying by €50(can only overpay by 10% on a fixed mortgage)...gonna start livin the dream when it's paid off!!

[Rat Catcher]

Indeed, a ton a week, you'll be able to take a half day every other Friday!