Re: Would you pay with finance for a component?
A grand for something that can be used pretty much for only game playing? Nope. I'm still struggling with the concept of spending £200 for a decent graphics card! I take the view that a PC/ graphics card is a luxury and paying for luxuries on the never never is a no no. It's good to see that most people agree. Common sense returns!
Re: Would you pay with finance for a component?
So far ALL people agree, and it's good to see. That sort of money on a luxury you can't afford is madness. Nay, madness on madness.
Re: Would you pay with finance for a component?
Ultimately I think it comes down to how you were raised.
Plenty of people 20/30 years ago thought it good to buy a TV on credit. In fact buying one that way was probably all they could afford, by buying it slowly over 3 years, ment they didn't have to wait the 2 years it would have taken to save the money not paying credit.
Now if that TV has a life span of 20 years, that isn't really that much of a bad deal. Two years is a hell of a long time to wait for something you want, which has such an effect on live as having no tv vs having tv would have done in the 80s say. It was common for people to buy a washing machine on credit, because the outlay (say £500) was too much, and the cost of not having one negated the costs of credit, laundrettes are not cheap!
The problem is now adays the life span is less, not because it stops working, but because zomfg 4k pixels in 3d!!! The fact is that this thing is making only a little improvement on life compared to not having a TV, or financial impacts of laundrette use.
Personally I can not comprehend the idocy of some people and credit, they buy a 'flash' car they can't afford, which horrifically de-values, I've seen students buy expensive DSLRs, the bodies of which never hold value for long.
Re: Would you pay with finance for a component?
I know a student who bought a DSLR (one of the Nikon DX0 range IIRC), and lent it to a mate of his. You can guess the rest.
Re: Would you pay with finance for a component?
Quote:
Originally Posted by
Saracen
I don't even use credit cards much, and NEVER for anything I can't afford outright, and then, I pay it off in full, on time.
I use my credit card for most PC component purchases simply for the additional protection you get. The credit card company is jointly liable for the goods if anything goes wrong under warranty, so you have added protection if the seller or manufacturer goes bust.
The credit card is however paid in full each month to prevent costly interest!
Re: Would you pay with finance for a component?
Quote:
Originally Posted by
Chadders87
I use my credit card for most PC component purchases simply for the additional protection you get. The credit card company is jointly liable for the goods if anything goes wrong under warranty, so you have added protection if the seller or manufacturer goes bust.
The credit card is however paid in full each month to prevent costly interest!
Only for transactions over £100 (and under £30, 000, but it would have to be one heck of a component for that to be a problem).
But yes, that protection is a benefit, as I mentioned in post 13 above. It doesn't change what I said, though. I don't use credit cards "much", and never, ever for something I can't buy outright. In other words, I do occasionally pay by card, when circumstances demand. For instance, I bought a food processor at the thick end of £400 just before Christmas, and to qualify for a Magimix promotion, it had to be bought that day. And it wasn't in stock at my local branch (of John Lewis). It was in stock at another branch, so to guarantee it was held at that branch, my local branch rang through, organised the purchsse and I paid by card. But I was in the first branch, with cash, and had they had it there, would have paid cash. I used the card, as a convenience and because of circumstance, not because I wanted or needed credit, or even was bothered about that purchase protection. And I paid the card off in full when the bill arrived, and that processor, and one other similar item, were the only things on the bill. The following month, the bill was £0, as it had been for a couple of preceeding months.
The upside of credit cards, for me anyway, is the convenience factor, but the downside is that first, you tell the card company something about yourself every single time you use it, and second and much more importantly, they are seductive and dangerous if you get to use them as a matter of course.
Re: Would you pay with finance for a component?
in this day and age i would not take finance for anything ...iff you an't got it save it .. or buy secondhand ..
Re: Would you pay with finance for a component?
Rather than paying more for it early, why not just wait a few months and save up, by that time a better component would probably have come out anyway