dilemma - tax rebat...
 

[Closed] dilemma - tax rebate & being sensible (or not!) content

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Hi all,

Got a bit of a dilemma here.....I opened a dreaded letter from the HMRC to find a cheque for £1200 in it! Naturally very happy about this, but it does open the question of what to do with it...

I could be sensible and pay off my car insurance and bank the rest into savings....

Or buy a 1x10 sp inbred set up with slicks for commuting and a new shock or a shock repair for the Attack Trail....

Or I could sell the Marin and buy a Canyon Nerve AM. Thinking that I should get at least £600 for the Attack Trail...so that would get me a very nice spec.

What would you do if the choice was yours...?

Morgs


 
Posted : 23/08/2011 4:21 pm
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new bike

thread closed


 
Posted : 23/08/2011 5:00 pm
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if i was already in a monthly payment scheme for the insurance - leave it running as it would be budgeted for from my monthly

if my shock was busted id fix it

then id bank the rest .....

but i am saving for a house - although the bike does come first 😉


 
Posted : 23/08/2011 5:01 pm
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Spend it on nice things. Unless you are saving for something specific it'll just disappear into the system and you'll forget you ever got it.


 
Posted : 23/08/2011 5:21 pm
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I got a tax rebate last year. I dithered about for a while, considering a new frame, or bling wheelset and new forks.

In the end, the wife took the cheque, and put it away in a savings account, where I'll never see it again.

In short, don't **** about. Buy a bike, immediately.


 
Posted : 23/08/2011 5:28 pm
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new bike time!


 
Posted : 23/08/2011 5:36 pm
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looks like thats me told!

thinking of it another way round now....buy a nice wheel set (hope / flow's) then use the hope xc / mavics as a commuter set and start 'adding' to the bits box until i get a nice HT built.

grrrr decisions decisions lol


 
Posted : 23/08/2011 10:26 pm