Leasing ALWAYS makes sense...
Discussion
It's obvious that leasing is it going forward. I've been able to have some awesome cars that I could never afford to buy and I'm in the lucky position of being in a BM.
I'm in the financial world, so consider myself well-informed and up to speed with the best way to leverage enjoyment out of life and this is how it works in the real world.
I always remember this old guy talking years ago about how he leased a Jag (an X-Type) and how that enabled him to have a lifestyle he couldn't otherwise afford if he had to pay up front. He was really impressed with it and the fact that he owned a new prestige car.
I thought about that when I needed to project the right image in the business world and because of that I've been in Audis and BMs for ages. It obviously helps if you know the sales execs at the dealers so they can keep you up to date with the latest trends and offers, and mine work with me to get me in the best car at an affordable monthly rate.
None of the calculations people have put on this thread have made any reference to the value added to your image by being seen in a new car, especially if you're lucky to be in premium brands like BM and Audi. Maybe Mercedes, but a bit old man image for me. People see you in a BM and immediately know the sort of high achiever they're dealing with.
In business you need to keep one step ahead, and need to be seen to be where it's at. I see loads of pensioners driving around in things like Hyundais, but that image just wouldn't make an impact in the world of business. It's alright for going to the Post Office though.
Car manufacturers know what's best for their customers and do what they can to help their customers enjoy a better lifestyle, which is why they've developed these special packages to help.
I'm in the financial world, so consider myself well-informed and up to speed with the best way to leverage enjoyment out of life and this is how it works in the real world.
I always remember this old guy talking years ago about how he leased a Jag (an X-Type) and how that enabled him to have a lifestyle he couldn't otherwise afford if he had to pay up front. He was really impressed with it and the fact that he owned a new prestige car.
I thought about that when I needed to project the right image in the business world and because of that I've been in Audis and BMs for ages. It obviously helps if you know the sales execs at the dealers so they can keep you up to date with the latest trends and offers, and mine work with me to get me in the best car at an affordable monthly rate.
None of the calculations people have put on this thread have made any reference to the value added to your image by being seen in a new car, especially if you're lucky to be in premium brands like BM and Audi. Maybe Mercedes, but a bit old man image for me. People see you in a BM and immediately know the sort of high achiever they're dealing with.
In business you need to keep one step ahead, and need to be seen to be where it's at. I see loads of pensioners driving around in things like Hyundais, but that image just wouldn't make an impact in the world of business. It's alright for going to the Post Office though.
Car manufacturers know what's best for their customers and do what they can to help their customers enjoy a better lifestyle, which is why they've developed these special packages to help.
TarpaTow said:
It's obvious that leasing is it going forward. I've been able to have some awesome cars that I could never afford to buy and I'm in the lucky position of being in a BM.
I'm in the financial world, so consider myself well-informed and up to speed with the best way to leverage enjoyment out of life and this is how it works in the real world.
I always remember this old guy talking years ago about how he leased a Jag (an X-Type) and how that enabled him to have a lifestyle he couldn't otherwise afford if he had to pay up front. He was really impressed with it and the fact that he owned a new prestige car.
I thought about that when I needed to project the right image in the business world and because of that I've been in Audis and BMs for ages. It obviously helps if you know the sales execs at the dealers so they can keep you up to date with the latest trends and offers, and mine work with me to get me in the best car at an affordable monthly rate.
None of the calculations people have put on this thread have made any reference to the value added to your image by being seen in a new car, especially if you're lucky to be in premium brands like BM and Audi. Maybe Mercedes, but a bit old man image for me. People see you in a BM and immediately know the sort of high achiever they're dealing with.
In business you need to keep one step ahead, and need to be seen to be where it's at. I see loads of pensioners driving around in things like Hyundais, but that image just wouldn't make an impact in the world of business. It's alright for going to the Post Office though.
Car manufacturers know what's best for their customers and do what they can to help their customers enjoy a better lifestyle, which is why they've developed these special packages to help.
I'm in the financial world, so consider myself well-informed and up to speed with the best way to leverage enjoyment out of life and this is how it works in the real world.
I always remember this old guy talking years ago about how he leased a Jag (an X-Type) and how that enabled him to have a lifestyle he couldn't otherwise afford if he had to pay up front. He was really impressed with it and the fact that he owned a new prestige car.
I thought about that when I needed to project the right image in the business world and because of that I've been in Audis and BMs for ages. It obviously helps if you know the sales execs at the dealers so they can keep you up to date with the latest trends and offers, and mine work with me to get me in the best car at an affordable monthly rate.
None of the calculations people have put on this thread have made any reference to the value added to your image by being seen in a new car, especially if you're lucky to be in premium brands like BM and Audi. Maybe Mercedes, but a bit old man image for me. People see you in a BM and immediately know the sort of high achiever they're dealing with.
In business you need to keep one step ahead, and need to be seen to be where it's at. I see loads of pensioners driving around in things like Hyundais, but that image just wouldn't make an impact in the world of business. It's alright for going to the Post Office though.
Car manufacturers know what's best for their customers and do what they can to help their customers enjoy a better lifestyle, which is why they've developed these special packages to help.
HedgeyGedgey said:
nickfrog said:
DoctorJ said:
To buy that car in that spec from the dealer = £27660
That's list price though, isn't it ?
DoctorJ said:
HedgeyGedgey said:
nickfrog said:
DoctorJ said:
To buy that car in that spec from the dealer = £27660
That's list price though, isn't it ?The biggest shift for me is that more people see new as essential (or at least massively desirable), either through a fear of maintenance bills or fashion/status, combined with the dealers all set up to encourage this and make the lease/2-3year deals attractive.
Who buys and plans to keep a new car for 10 years these days? Many get nervous of them being three years old and the dreaded first mot, some might stick to 6 years with a manufacturers extended warranty, after that we are looking at a very small percentage, one owner old cars I think are rarer these days.
If you have the money then who cares what you do (all cars sap plenty of cash) but sometimes those somewhere in the middle get hooked on the 3yr cycle, and think it's almost saving them money over financing one and staying with it. A good car is still a good car after 8 or 9 years, ok there would then be better ones, but the logic of getting out while the goings good and ditching the old tired, soon to be money pit, is not really based on reality as these cars go on for many more years with owners poorer than you!
All financial comparisons leaser's do are based on the 3 year lease period compared to new, if you run this over 9 years leasing Starts looking far less attractive, OK so at years 4 and 7 you aren't in a brand new car again, but it's still that same lovely car you got all excited about all those years ago.
Businesses didn't create these multitude of finance offers, deals, monthly payments, service packages etc to save you money, they are there to keep them in business by giving you convenience and an on paper easy route in to ownership, and the cycle.
Who buys and plans to keep a new car for 10 years these days? Many get nervous of them being three years old and the dreaded first mot, some might stick to 6 years with a manufacturers extended warranty, after that we are looking at a very small percentage, one owner old cars I think are rarer these days.
If you have the money then who cares what you do (all cars sap plenty of cash) but sometimes those somewhere in the middle get hooked on the 3yr cycle, and think it's almost saving them money over financing one and staying with it. A good car is still a good car after 8 or 9 years, ok there would then be better ones, but the logic of getting out while the goings good and ditching the old tired, soon to be money pit, is not really based on reality as these cars go on for many more years with owners poorer than you!
All financial comparisons leaser's do are based on the 3 year lease period compared to new, if you run this over 9 years leasing Starts looking far less attractive, OK so at years 4 and 7 you aren't in a brand new car again, but it's still that same lovely car you got all excited about all those years ago.
Businesses didn't create these multitude of finance offers, deals, monthly payments, service packages etc to save you money, they are there to keep them in business by giving you convenience and an on paper easy route in to ownership, and the cycle.
I agree that it's ridiculous to suggest leasing is always preferable, or vice versa. It comes down to cost, priroties and no doubt numerous other factors.
Until recently I always bought my cars outright. Given the amount I was either willing or able to spend I always bought used, usually a few years old. I like owning a car, I like looking after it and spending a few hours giving it a good polish and wax every so often. I also tend to get a little attached to cars and end up keeping them for ages.
When we needed another car recently, I considered numerous options for purchase and didn't mind whether new or used. However, all things considered, a new Skoda Yeti for £159 per month on a lease seemed like cracking value. Considering our priorities (safe, modern(ish) kiddy carrier) I don't think I could've done much better regardless of whether I bought or leased.
I don't see the need for people to so loudly promote one way over the other, other than to justify their own decision or to consciously or subconsciously seek confirmation from others that they made the right decision.
Until recently I always bought my cars outright. Given the amount I was either willing or able to spend I always bought used, usually a few years old. I like owning a car, I like looking after it and spending a few hours giving it a good polish and wax every so often. I also tend to get a little attached to cars and end up keeping them for ages.
When we needed another car recently, I considered numerous options for purchase and didn't mind whether new or used. However, all things considered, a new Skoda Yeti for £159 per month on a lease seemed like cracking value. Considering our priorities (safe, modern(ish) kiddy carrier) I don't think I could've done much better regardless of whether I bought or leased.
I don't see the need for people to so loudly promote one way over the other, other than to justify their own decision or to consciously or subconsciously seek confirmation from others that they made the right decision.
SR20i said:
£450 for a 98 primera, couldn't care less what people think. It's never let me down and it's fun to drive. I'd rather increase my bank account than my ego.
What is with this idea that the only reason anyone would want a nice car is because of 'ego'? It seems a recurring theme.Fox- said:
SR20i said:
£450 for a 98 primera, couldn't care less what people think. It's never let me down and it's fun to drive. I'd rather increase my bank account than my ego.
What is with this idea that the only reason anyone would want a nice car is because of 'ego'? It seems a recurring theme.HedgeyGedgey said:
Fox- said:
SR20i said:
£450 for a 98 primera, couldn't care less what people think. It's never let me down and it's fun to drive. I'd rather increase my bank account than my ego.
What is with this idea that the only reason anyone would want a nice car is because of 'ego'? It seems a recurring theme.Ego is looking out on to your own driveway, seeing a Ferrari and thinking "I am doing well"
talksthetorque said:
That's not ego, that's perception of others.
Ego is looking out on to your own driveway, seeing a Ferrari and thinking "I am doing well"
This is my point tho, how many people want others to know they have a new car? I don't see many brand new cars that have private plates on. Why does car sales rocket in March and September? The new reg comes out. Work it out yourselfEgo is looking out on to your own driveway, seeing a Ferrari and thinking "I am doing well"
DoctorJ said:
HedgeyGedgey said:
nickfrog said:
DoctorJ said:
To buy that car in that spec from the dealer = £27660
That's list price though, isn't it ?
Dr Jekyll said:
HedgeyGedgey said:
This is my point tho, how many people want others to know they have a new car?
Only idiots.HedgeyGedgey said:
talksthetorque said:
That's not ego, that's perception of others.
Ego is looking out on to your own driveway, seeing a Ferrari and thinking "I am doing well"
This is my point tho, how many people want others to know they have a new car? I don't see many brand new cars that have private plates on. Why does car sales rocket in March and September? The new reg comes out. Work it out yourselfEgo is looking out on to your own driveway, seeing a Ferrari and thinking "I am doing well"
Fox- said:
What is with this idea that the only reason anyone would want a nice car is because of 'ego'? It seems a recurring theme.
Granted its not always ego but with a lot of people it seems to be an I'm better than you attitude. It's opinion, also to the poster who said he'd rather have all the toys, what toys are they? My car has power steering, abs, electric windows, air conditioning, no TCS or stm crap to put up with, and comfortable seats. I don't need to pay 250 a month for a badge and an engine that sounds like a John Deere tractor. Gassing Station | General Gassing | Top of Page | What's New | My Stuff