What did you do today?
- LynehamHerc
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Re: What did you do today?
It's all about your first sentence.
They're also CGT free if I remember correctly but that might depend on how they are owned.
They're also CGT free if I remember correctly but that might depend on how they are owned.
- Eddie Honda
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Re: What did you do today?
So what's different about today compared to 1989/90 classic car madness?LynehamHerc wrote: ↑Thu Jan 20, 2022 3:39 pm It's all about your first sentence.
They're also CGT free if I remember correctly but that might depend on how they are owned.
- Scruffy Bodger
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Re: What did you do today?
Very true. Iirc E type prices have only just got back to those levels now?
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- paulplom
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- LynehamHerc
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Re: What did you do today?
QE and a far bigger gap between the rich and the rest.Eddie Honda wrote: ↑Thu Jan 20, 2022 3:46 pmSo what's different about today compared to 1989/90 classic car madness?LynehamHerc wrote: ↑Thu Jan 20, 2022 3:39 pm It's all about your first sentence.
They're also CGT free if I remember correctly but that might depend on how they are owned.
Inflation was far higher, we were paying about 19% on the mortgage on our new house.
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Re: What did you do today?
Whilst inflation on payments tough at the time, does it not also inflate the debt pile away?LynehamHerc wrote: ↑Thu Jan 20, 2022 4:14 pm Inflation was far higher, we were paying about 19% on the mortgage on our new house.
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Re: What did you do today?
It was all one colour although the paint looked really thick. The door had caught the wing and chipped paint off it. The panel gaps were all over throughout the car though. I wasn't sure if it was just build quality.mercrocker wrote: ↑Thu Jan 20, 2022 11:53 am It is a pretty car but that front wing is a big warning all may not be well....
My mate had a 60's camaro in bright yellow that was in the sema show. He paid quite a bit and didn't keep it long. I bumped into him at the Whitley Bay car show and I had a sit in it and a good look around it. The driver's door was catching the wing and was spoiling the otherwise immaculate restoration. It had also chipped the paint.
Neil is the one into his americano. There isn't much he doesn't know. He's had the general lee, starsky and hutch, the hellcat. I think him and his son has the black and white smokey and the bandit pontiacs.
He's a wagon driver for Jewsons. Where did I go wrong?
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Re: What did you do today?
If anything like me probably pissing it up the wall having a bloody good time. My cars never got any better no matter how much I earned......
There's a great long bar in Rock & Roll heaven.......
- LynehamHerc
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Re: What did you do today?
Not in our case. We had an endowment rather than repayment mortgage, which was pretty common then. We had a stabilised rate of 16% on which the monthly repayments were calculated so every year 3% was added onto our debt, not insignificant on a six figure mortgage.Eddie Honda wrote: ↑Thu Jan 20, 2022 5:31 pmWhilst inflation on payments tough at the time, does it not also inflate the debt pile away?LynehamHerc wrote: ↑Thu Jan 20, 2022 4:14 pm Inflation was far higher, we were paying about 19% on the mortgage on our new house.
The icing on the cake financially was my missus got pregnant a few months after we moved in so two salaries effectively became one and a bit. Then the First Gulf War kicked off and having a house with oil fired central heating and a similar AGA didn't help.
I'll stop now as it's developing into a parody of the Four Yorkshireman sketch except this is true.