Current Lease Deals

[Face for Radio]

Are there deals out there which have full maintenance and insurance?

I'm doing 25-30k per annum, and it looks like it could be cheaper all in to just lease, instead of buying. But I can't seem to find a website which gives me all the details and how much I would pay, without pushing me in to calling up and getting a formal quote providing all my details.

Would rather not do this. Am just mindful that the 'cheap' prices being touted are for 6k per annum and you have to do your own maintenance and insurance which means they suddenly aren't so cheap anymore.

[ukwill]

That seems like quite a decent deal, from a cursory glance.

[dave_s13]

SalarySacrifice4Cars Quotation
Vehicle Details - Your Quote: Skoda Fabia Estate 1.4TSi 180 EU5 vRS DSG Auto7

Paint Colour - Metallic : Race Blue
Upholstery - Tempo VRS Cloth : Red
Automatic
Options
Storage boxes - under front seats, Acoustic rear parking sensors, Roof - Black, 3 spoke multifunction steering wheel for radio and telephone and small leather pack, Front Armrest, Climate Control air conditioning, Amundsen satellite navigation system, Telephone preparation GSM II with Bluetooth, Cruise Control
P11d value £20315.00
Indicative CO₂ 148 g/km
Services
Resignation/Redundancy Insurance £4000 Cover, 6 Months Exclusion, Roadside Assistance Including European Cover, Free of Charge Maternity, Paternity, Adoption Cover, £2000, 6 months, Scheme Administration Fee MPA6
Maintenance - Full
Contract Term 36 months
Annual Mileage - 12500 miles
Excess Mileage Rate - 9.4 pence/mile

Normal Lease Costs
Normal Monthly Rental (including Car Insurance)
£541.12

Normal Monthly Cost before Savings
£541.12 (Gross)

Cost to Employee (Gross)
Total Gross Cost to Employee
£541.12 - This is the actual amount of money by which your gross monthly salary will be reduced.

Tax & NI Savings
Tax Saving - £101.19
Employee NI Saving - £64.93
Pension Saving - £35.17
BIK (Benefit-in-kind Tax)-£71.10
Total Tax Saving - £130.19

Cost to Employee (Net)
Total Net Cost to Employee (incl. BIK) - £410.93

This is the amount by which your 'take-home' salary will be reduced after the tax and NI savings and costs above have been applied. This figure is calculated assuming you have a full personal allowance of £8105 and that the gross annual salary you entered on Page 1 is correct. If your personal allowance or gross annual salary changes during the term of this agreement this net cost may change.

Hmm, I'm getting more tempted by this. Only thing is I'm pretty sure that Skoda have got up to t 6 month build time on these cars.

[Deva Link]

Face for Radio said:

Are there deals out there which have full maintenance and insurance?

I'm doing 25-30k per annum, and it looks like it could be cheaper all in to just lease, instead of buying. But I can't seem to find a website which gives me all the details and how much I would pay, without pushing me in to calling up and getting a formal quote providing all my details.

Would rather not do this. Am just mindful that the 'cheap' prices being touted are for 6k per annum and you have to do your own maintenance and insurance which means they suddenly aren't so cheap anymore.

There's the Peugeot 'just add fuel' thing, but don't know if they would go to that kind of mileage.

[arun1uk]

dave_s13 said:

SalarySacrifice4Cars Quotation
Vehicle Details - Your Quote: Skoda Fabia Estate 1.4TSi 180 EU5 vRS DSG Auto7

Paint Colour - Metallic : Race Blue
Upholstery - Tempo VRS Cloth : Red
Automatic
Options
Storage boxes - under front seats, Acoustic rear parking sensors, Roof - Black, 3 spoke multifunction steering wheel for radio and telephone and small leather pack, Front Armrest, Climate Control air conditioning, Amundsen satellite navigation system, Telephone preparation GSM II with Bluetooth, Cruise Control
P11d value £20315.00
Indicative CO₂ 148 g/km
Services
Resignation/Redundancy Insurance £4000 Cover, 6 Months Exclusion, Roadside Assistance Including European Cover, Free of Charge Maternity, Paternity, Adoption Cover, £2000, 6 months, Scheme Administration Fee MPA6
Maintenance - Full
Contract Term 36 months
Annual Mileage - 12500 miles
Excess Mileage Rate - 9.4 pence/mile

Normal Lease Costs
Normal Monthly Rental (including Car Insurance)
£541.12

Normal Monthly Cost before Savings
£541.12 (Gross)

Cost to Employee (Gross)
Total Gross Cost to Employee
£541.12 - This is the actual amount of money by which your gross monthly salary will be reduced.

Tax & NI Savings
Tax Saving - £101.19
Employee NI Saving - £64.93
Pension Saving - £35.17
BIK (Benefit-in-kind Tax)-£71.10
Total Tax Saving - £130.19

Cost to Employee (Net)
Total Net Cost to Employee (incl. BIK) - £410.93

This is the amount by which your 'take-home' salary will be reduced after the tax and NI savings and costs above have been applied. This figure is calculated assuming you have a full personal allowance of £8105 and that the gross annual salary you entered on Page 1 is correct. If your personal allowance or gross annual salary changes during the term of this agreement this net cost may change.

Hmm, I'm getting more tempted by this. Only thing is I'm pretty sure that Skoda have got up to t 6 month build time on these cars.

I've got a similar scheme at work and I would hazard a guess that you're a 20% tax payer if your BIK is so cheap! If so, that's not really a great deal...

I can get a BMW 320d Efficient Dynamics (yes, I know it's a Diesel) for £370 a month on a 24 month contract. Or a 125d M Sport for £433, which is a stonking deal. Based on these, I'd expect the Fabia to be about £350.

Make sure you do the math before you jump in, but if you can, do it!

[dave_s13]

Comes down to £364 in standard spec.

Ivw got no interest in a base spec 320d.

It'd be interesting to see how yours compares with a like for like car.

[ATM]

My brother told me Audi S5 PCP deal is now 2300 down and then 23 x 370 inc VAT.

[Bitzer]

ATM said:

My brother told me Audi S5 PCP deal is now 2300 down and then 23 x 370 inc VAT.

Where is this? Sounds good.

[WEHGuy]

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

http://www.keyfleet.co.uk/blog/audi-s5-black-editi...

[Bitzer]

Thanks

[Quinnaay]

VW Polo 1.2 Match 3dr £95.92 + Vat, 6 + 23, 5k pa
were is this deal mate? quite intrested.

Edit: seen someone ask.

Edited by Quinnaay on Friday 22 June 13:26

[va1o]

How about this - http://www.freedomcontracts.com/viewdeal.asp?ID=30...

Citroen C1 from just £49.99 per month

[jonny70]

va1o said:

How about this - http://www.freedomcontracts.com/viewdeal.asp?ID=30...

Citroen C1 from just £49.99 per month

christ thats cheaper than getting the bus.

[soxboy]

VW Tiguan 2.0 tdi sport 6+23 £189 plus vat, or Honda CRV 2.0 iVtec Se+ £179 + vat on same profile. Both with Freedom as per stoking Citroen C1 deal.

That s5 deal is fantastic too.

[anonymous-user]

jonny70 said:

christ thats cheaper than getting the bus.

2.2 k for 2 years motoring, I can think of a lot better things to be in than a 1 litre.

[CDP]

billybob69 said:

jonny70 said:

christ thats cheaper than getting the bus.

2.2 k for 2 years motoring, I can think of a lot better things to be in than a 1 litre.

Possible but with your shed you have to consider:

MOT
Tax
Tyres (I can't imagine these will need replacing during the lease)
Additional repairs and worn out items. Brakes, batteries and exhausts being prime contenders.
Risk and cost of breakdowns

OK, you can do all the work yourself but not everybody can or wants to. It is about as cheap as motoring gets without needing to crawl underneath stuff.

Sheds can work out really well or they can be a money pit. It's a risk.

[JayTee94]

va1o said:

How about this - http://www.freedomcontracts.com/viewdeal.asp?ID=30...

Citroen C1 from just £49.99 per month

Damn! I may be interested in this - How much is the final payment/balloon payment?

[Contigo]

JayTee94 said:

Damn! I may be interested in this - How much is the final payment/balloon payment?

.

It's a lease you just hand the car back at the time of the contract ending. The initial deposit rate are in the box next to the monthlies.

[greggy50]

va1o said:

How about this - http://www.freedomcontracts.com/viewdeal.asp?ID=30...

Citroen C1 from just £49.99 per month

Or can get a VW UP for £79.22 with a lower deposit make that only £2,376 for 2 years motoring as well again extremely cheap
http://www.freedomcontracts.com/viewdeal.asp?ID=96...

[soxboy]

billybob69 said:

jonny70 said:

christ thats cheaper than getting the bus.

2.2 k for 2 years motoring, I can think of a lot better things to be in than a 1 litre.

If you're after a brand new (or very nearly new) car please do show us something that's better value.