05-27-2007, 12:23 PM
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Confirmed User
Join Date: Jan 2006
Location: Canada
Posts: 5,025
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Quote:
Originally Posted by pound
Yes even if you live with your parents. It's a pure liability, the insurance will be sky high, you got petrol, tax, mot and servicing to factor in too.
Take that money and put a deposit down on a house, put tenants in and go off to uni. In 4 years time you'll be leaving uni with a house that someone's been paying off for you and has enough equity in it too buy you a a brand new mercedes 
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Listen to him. 
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