Agh!! Called the bank yesterday, having being told that my loan application was fine, to organise the draft, but they changed their minds! Amazingly they looked at the car in question-99 Spider- and said that if I did default on repayments and the car had to be repossessed, they wouldn't make nearly enough money on the car to clear the loan (this is permanent tsb by the way who would have lent me 600,000 for a shed 2 years ago).
A few things, firstly I earn a nice salary and my company is growing more slowly but still growing, and I'm management so secure enough (looking for wood to touch).
Secondly, this is a 40000 mile Spider in near perfect condition, asking price 7000 and I'm borrowing just over 4 for it, I know for a fact that it would sell for more than the loan amount. I'm stunned, and I'm also not an Alfa owner yet!
I was due to pick her up at 10 this morning but alas, Polly the Punto is still outside. I had my weekend planned on this, and the sun was out this morning too. Ive just joined the recession, and I don't like it.