Best Lease Car Deals Available? (Vol 10)
Discussion
Jonni2bad said:
Boabyb said:
Slightly cheaper here https://www.21stcenturymotors.co.uk/car-leasing/hy...
Noted in the description that these cars are potentially nearly 2 years old ("...Vehicle Model year 2022 Q3 | Release date 08-07-2022...")Are they likely to just be 'un-leased' for that period of time, or possibly low-mileage pre-used?
Seems odd, that's all.
The MG3+ Hybrid has 197BHP , the Corsa only has 90
Pistonheadsdicoverer said:
Leasing deals on MG cars generally are very poor (e.g. https://leasing.com/independent-brokers/vip-gatewa...
At that price, just go for a Corsa, a better car altogether IMHO https://leasing.com/independent-brokers/leasecar/v...
At that price, just go for a Corsa, a better car altogether IMHO https://leasing.com/independent-brokers/leasecar/v...
rich_miller7 said:
Just had another email from Central Vehicle Leasing saying the original deal emailed this morning which I posted on here has sold out!.
New deal prices below:
Hyundai Ioniq 5 SE Connect Full Electric Auto 58Kwh
Business Contract Hire from
£191.99 + VAT
Personal Contract Hire from
£230.39 inc. VAT
Term: 18 Months
Mileage Rental: 8,000 pa *
Initial Rental Business: £2,303.88 + VAT (12+)
Initial Rental Personal: £2,764.66 inc VAT (12+)
Admin Fee: £150.00 + VAT
12.3 " Virtual Cockpit / 12.3 " Sat Nav / Media Centre Screen
Highway Drive Assist, Lane Keep assist, Apple Carplay / Android Auto
Rear View Camera, Power tailgate, Smart Cruise Control with Stop & Go
Wireless phone charger, Battery Heating system, 7 pin and 3 pin charging cable
Privacy Glass, 19" Alloys, 2 Rear USB C, 50KW Rapid Charge Port
Dual Zone climate, Mood lighting, Sliding rear seats
Flush Door Handles, Black Door Mirrors, Split folding seats
Keyless Entry, 240 Mile Range
21st Century quoting higher than their website now as well, they have Abyss Black and Ectotronic Grey around 10 of each at the new price.New deal prices below:
Hyundai Ioniq 5 SE Connect Full Electric Auto 58Kwh
Business Contract Hire from
£191.99 + VAT
Personal Contract Hire from
£230.39 inc. VAT
Term: 18 Months
Mileage Rental: 8,000 pa *
Initial Rental Business: £2,303.88 + VAT (12+)
Initial Rental Personal: £2,764.66 inc VAT (12+)
Admin Fee: £150.00 + VAT
12.3 " Virtual Cockpit / 12.3 " Sat Nav / Media Centre Screen
Highway Drive Assist, Lane Keep assist, Apple Carplay / Android Auto
Rear View Camera, Power tailgate, Smart Cruise Control with Stop & Go
Wireless phone charger, Battery Heating system, 7 pin and 3 pin charging cable
Privacy Glass, 19" Alloys, 2 Rear USB C, 50KW Rapid Charge Port
Dual Zone climate, Mood lighting, Sliding rear seats
Flush Door Handles, Black Door Mirrors, Split folding seats
Keyless Entry, 240 Mile Range
aliwtsn said:
Just had an XM deal through from leasing Options this afternoon.
48 months
5k miles
£731 a month with £4.4k down
This had the 22" optional alloys @ £1650
Local BMW garages can get great deals on them too delivery due June - Sept however the dealerships can only get 24 months lease. Waiting on further deals coming through tomorrow
There is also a deal on the X7's for anyone interested ask and quote this as these are where the discounts are.
"Q2 2024 M Car/X7 & XM CH Campaign (24m) "
You are far braver than me, I wouldn't entertain 4 years PCH on a car like that. Are you going to take an extended warranty from 36 to 48 months?48 months
5k miles
£731 a month with £4.4k down
This had the 22" optional alloys @ £1650
Local BMW garages can get great deals on them too delivery due June - Sept however the dealerships can only get 24 months lease. Waiting on further deals coming through tomorrow
There is also a deal on the X7's for anyone interested ask and quote this as these are where the discounts are.
"Q2 2024 M Car/X7 & XM CH Campaign (24m) "
Edited by aliwtsn on Tuesday 16th April 20:34
I thought 2 years with the lowest annual mileage was the sweet spot. Worked out less than 20% of car RRP, even for 8k-10k miles pa it was hovering around 20%. A very good deal in today's climate.
maccas99 said:
Saw one on the school run this morning, ghastly things. If it's a cheap lease I can see the logic, but that's not cheap.
Saw one at a dealership, thought they looked nice. Guess it's subjective.imdeman87 said:
Saw one at a dealership, thought they looked nice. Guess it's subjective.
I think the XM can look good without all the barmy 2 tone colour schemes or jewelled wheels, just in a simple black:Anyway disappointing that the deal is only for the 50e. Really strange choice for BMW to offer “their signature and flagship” M car - note M car - and then dumb it down with a “wheezy” 3 litre straight six. Come on lads it needs even more power from the 4.4 V8 - the most potent XM Label has “only” 737bhp, I think around 1,000 BHP would be more like it. The lease car only has a wheezy 476bhp
imdeman87 said:
aliwtsn said:
Just had an XM deal through from leasing Options this afternoon.
48 months
5k miles
£731 a month with £4.4k down
This had the 22" optional alloys @ £1650
Local BMW garages can get great deals on them too delivery due June - Sept however the dealerships can only get 24 months lease. Waiting on further deals coming through tomorrow
There is also a deal on the X7's for anyone interested ask and quote this as these are where the discounts are.
"Q2 2024 M Car/X7 & XM CH Campaign (24m) "
You are far braver than me, I wouldn't entertain 4 years PCH on a car like that. Are you going to take an extended warranty from 36 to 48 months?48 months
5k miles
£731 a month with £4.4k down
This had the 22" optional alloys @ £1650
Local BMW garages can get great deals on them too delivery due June - Sept however the dealerships can only get 24 months lease. Waiting on further deals coming through tomorrow
There is also a deal on the X7's for anyone interested ask and quote this as these are where the discounts are.
"Q2 2024 M Car/X7 & XM CH Campaign (24m) "
Edited by aliwtsn on Tuesday 16th April 20:34
I thought 2 years with the lowest annual mileage was the sweet spot. Worked out less than 20% of car RRP, even for 8k-10k miles pa it was hovering around 20%. A very good deal in today's climate.
maccas99 said:
Saw one on the school run this morning, ghastly things. If it's a cheap lease I can see the logic, but that's not cheap.
Saw one at a dealership, thought they looked nice. Guess it's subjective.Re the Tesla Model Y RWD, I mentioned there is a personal lease offer on their website for 9+35 for a personal lease with 10,000 miles per year at £399/month inc VAT.
I contacted Tesla because the business lease costs were around £28/month higher (adjusting for the VAT), which doesn't make sense for the business lease to be more expensive than the personal lease option. They have clarified that isn't correct and they should be (almost) the same.
So I've just ordered a RWD for one of my team as a business lease directly from Tesla.
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices, but if you compared the cheapest Tesla Model Y deal on the Leaseloco website, for the same terms, they are showing the cost as circa £200/month more expensive than direct from Tesla.
I contacted Tesla because the business lease costs were around £28/month higher (adjusting for the VAT), which doesn't make sense for the business lease to be more expensive than the personal lease option. They have clarified that isn't correct and they should be (almost) the same.
So I've just ordered a RWD for one of my team as a business lease directly from Tesla.
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices, but if you compared the cheapest Tesla Model Y deal on the Leaseloco website, for the same terms, they are showing the cost as circa £200/month more expensive than direct from Tesla.
EddieSteadyGo said:
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices....
Its the way with everything from leasing to house insurance isn't it - the majority have gotten used to thinking the best deals are on aggregator websites and it's often far from the truth.EddieSteadyGo said:
Re the Tesla Model Y RWD, I mentioned there is a personal lease offer on their website for 9+35 for a personal lease with 10,000 miles per year at £399/month inc VAT.
I contacted Tesla because the business lease costs were around £28/month higher (adjusting for the VAT), which doesn't make sense for the business lease to be more expensive than the personal lease option. They have clarified that isn't correct and they should be (almost) the same.
So I've just ordered a RWD for one of my team as a business lease directly from Tesla.
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices, but if you compared the cheapest Tesla Model Y deal on the Leaseloco website, for the same terms, they are showing the cost as circa £200/month more expensive than direct from Tesla.
Think I’m going to bite the bullet on one. Just seen the new red colour they’ve brought out, Midnight Cherry Red. However that’s nearly £40 a month more for a colour which is only £1300 more. Might just have to stick to black. I contacted Tesla because the business lease costs were around £28/month higher (adjusting for the VAT), which doesn't make sense for the business lease to be more expensive than the personal lease option. They have clarified that isn't correct and they should be (almost) the same.
So I've just ordered a RWD for one of my team as a business lease directly from Tesla.
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices, but if you compared the cheapest Tesla Model Y deal on the Leaseloco website, for the same terms, they are showing the cost as circa £200/month more expensive than direct from Tesla.
yellowbentines said:
EddieSteadyGo said:
Also, whilst I know we use Leaseloco here quite a lot to benchmark prices....
Its the way with everything from leasing to house insurance isn't it - the majority have gotten used to thinking the best deals are on aggregator websites and it's often far from the truth.My current XC90 is due to go back in June so I too may go for the Model Y, however I’m toying with the idea of purchasing it outright either through a ltd or personal (LLP member so can off set against my self assessed profit) and taking advantage of it being a 100% allowable expense in the first year.
Admittedly, need to do some research on this and have a quick chat with my accountant. Always leased and had some fantastic deals via this thread but just can’t seem to find anything decent that I would consider a deal. Not bought a car since 2006 when I bought my first ever VW Polo!
Admittedly, need to do some research on this and have a quick chat with my accountant. Always leased and had some fantastic deals via this thread but just can’t seem to find anything decent that I would consider a deal. Not bought a car since 2006 when I bought my first ever VW Polo!
N11XNP said:
My current XC90 is due to go back in June so I too may go for the Model Y, however I’m toying with the idea of purchasing it outright either through a ltd or personal (LLP member so can off set against my self assessed profit) and taking advantage of it being a 100% allowable expense in the first year.
...
I think it depends mainly on how long you plan to keep the car and whether you want the certainty of knowing what the costs will be (via the lease). If you planned to keep the car for say 6-7 years, I think it would make sense to buy the car via the company, get the tax saving, then potentially buy the car personally (at market rate) after maybe 3 years or so depending on what happens with BIK. If you only plan to keep the car for say 3 years, I think leasing probably makes more sense (because the implied residual value in the lease is probably overly optimistic)....
EddieSteadyGo said:
I think it depends mainly on how long you plan to keep the car and whether you want the certainty of knowing what the costs will be (via the lease). If you planned to keep the car for say 6-7 years, I think it would make sense to buy the car via the company, get the tax saving, then potentially buy the car personally (at market rate) after maybe 3 years or so depending on what happens with BIK. If you only plan to keep the car for say 3 years, I think leasing probably makes more sense (because the implied residual value in the lease is probably overly optimistic).
We looked at that, but the leasing option worked out better in our case. Would you want to keep it for that long as an EV outside of warranty? I wouldn’t but they do appear reliable to be fair. Battery degradation might be a factor if you are planning to put big miles on it over that time too.Familymad said:
We looked at that, but the leasing option worked out better in our case. Would you want to keep it for that long as an EV outside of warranty? I wouldn’t but they do appear reliable to be fair. Battery degradation might be a factor if you are planning to put big miles on it over that time too.
TBH that was my conclusion too. Definitely not for everyone but. this is the cheapest non-Citroen AMI electric car deal I've seen for a while.
https://leasing.com/independent-brokers/carparison...
GWM ORA Ora 03 Hatchback 126kW Pure+ 48kWh 5dr Auto
35 monthly payments £159.00
Initial payment £1,729.80
(9 x monthly payments + £298.80 fees)
Vehicle value £31,940.00
Annual mileage 5,000
Total Lease Cost: £7,294.80 or £202.63 per month.
https://leasing.com/independent-brokers/carparison...
GWM ORA Ora 03 Hatchback 126kW Pure+ 48kWh 5dr Auto
35 monthly payments £159.00
Initial payment £1,729.80
(9 x monthly payments + £298.80 fees)
Vehicle value £31,940.00
Annual mileage 5,000
Total Lease Cost: £7,294.80 or £202.63 per month.
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