@abihookwayproperty: Replying to @Steven Phillips #buyingahouse #moneytips #propertyuk #moneytalk #propertytok

Abi Hookway Property Investing
Abi Hookway Property Investing
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Region: GB
Tuesday 02 September 2025 16:11:27 GMT
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mrstubbysausage
MrStubbySausage :
Just buy a 3k motor. We don't all need brand new cars.
2025-09-02 20:01:21
49
dryrain7
user5269969526831 :
100k house will get you £600 rent a month and with mortgage payments… there is nothing left, not sure how it pays for the car.
2025-09-02 17:47:33
15
wallen38
WA :
Why waste the money on a deprecating asset. Buy a car for 1000 and drive it until its no longer possible to repair! Then buy the house and have that income every month, save it up and put it into another house and build your portfolio! Cars are a waste of money!!
2025-09-04 08:33:27
0
aleah7159
Aleahim :
I will never buy a car. I will lease it and get a 0 miles every 3 years
2025-09-04 22:57:58
1
alexdunn43
Alex Dunn :
100k house for 25k?
2025-09-02 16:53:02
0
user57583928087172
M :
Rich people lease cars because most of them own a business, so they are able to get a tax rebate on company cars......so they basically can lease cars through the business and claim money back in tax relief, mystery solved.
2025-09-03 12:51:19
2
christoffer_phillips
christoffer_phillips :
Tesla are a bargain. £299 a month for a £55k car. 2% BIK. No maintenance. £6 for 300 miles. No tax. No MOT. Hand it back in 3 years and get another. Costs £14.5k over 3 years including the deposit. Less than the depreciation of a new one and I get to hang on to the remaining £40k and make money from that.
2025-09-02 19:45:25
5
jampam62
Hi8 :
so get a cheap moped or bicycle
2025-09-02 19:42:25
0
hello_im_always_here
A.S.S :
The car payment is not tax deductable.
2025-09-02 16:49:22
1
xxx666_77
user2283526099824 :
rich people lease for convenience poor people buy cause it's cheaper
2025-09-03 17:10:52
0
octopus_panda
Faiona :
Yeah but we're not rich are we babes. For normal people leasing a car is idiotic. Got some friends who did that - 1st car they put some caah down , got a reasonable monthly payment, didn't have to drive that much so fit within the allowed km, happy days. They swapped that one after the alloted time, new car is more expensive a month cause it's no longer with down payment, they now need to drive daoly but can't or they'll go over and they don't have enough equity to get anything if they give it up. So now they got a very expensive car gathering dust and need a third vehicle to actually drive.
2025-09-03 16:42:18
0
wazzzacawley
wazza :
Depends what car you get
2025-09-02 17:13:16
0
antiperv
antiperv :
I'd love to know who your deal sources are. What are you leasing, a reliant tobin?
2025-09-02 17:36:46
2
no3l93
Noel :
You would struggle to buy a one car garage for £100000 in the area I live in
2025-09-02 19:07:44
1
joyfulvoyages
JoyfulVoyages :
NO never lease a car 💯
2025-09-02 18:05:41
17
hoboy44
hoboy44 :
you nearly have the gist of it .keep working on it ...you will get there .
2025-09-02 18:30:42
3
01126342t
01126342t :
using a company owned car is taxed as a benefit in kind - up to 45% plus extra employers NI
2025-09-03 23:30:33
0
christopherhawthorne1872
christopherhawthorne1872 :
U still have to pay the mortgage 🤣
2025-09-02 16:28:32
1
money.pressa
So High :
Can i lease a classic car? So value never goes down 👌
2025-09-03 09:21:55
0
ant.raywo
Ant’s TikTok :
Don’t lease without gap insurance… you’re screwed compared to ownership.
2025-09-02 18:38:42
3
ragesultan123
ragesultan123 :
Are licensed to give financial advice !?
2025-09-03 11:52:39
0
andy.leonard
andy leonard :
buy buy buy
2025-09-03 12:02:55
0
wilbo123456789
Singularity :
This is called preserving capital, invest 60k, use the income to lease the car, after 5 years you still have 60k, buy a car for 60k, after 5 years sell the car for 30k, you lost 30k of capital.
2025-09-02 22:25:23
1
jarecki1976
Jarek :
Yes but it will be my car 😂
2025-09-03 10:05:30
0
bombo1532
Bombo :
I’m rich. I bought. No point in paying the interest when depreciation is so low. Plus try lease a Ferrari.
2025-09-02 20:52:14
1
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