Alfa Guilia lease costs. You're aavin' a larf, mate.

Alfa Guilia lease costs. You're aavin' a larf, mate.

Author
Discussion

Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all
Guess I won't be getting one after all then. Quite possibly after all, it's a BMW, Audi, Jaguar or Mercedes for me. frown



Edit: Spelling biff - Giulia.

Edited by Ginge R on Friday 23 September 19:01

SWoll

18,369 posts

258 months

Friday 23rd September 2016
quotequote all
£500 a month over 4 years for a 2.2 180bhp diesel in the same segment as the A4/C-Class/3 Series. smile

I imagine the QV pricing is going to be interesting...

Parisien

622 posts

162 months

Friday 23rd September 2016
quotequote all
I can only assume,truly awful residuals, Germans win every time.

What about deals from Alfa Romeo, surely much better?


P

Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all
I'll find out tomorrow I guess. No faults with the leasing company, I have to say - this from them.

8

Evanivitch

20,072 posts

122 months

Friday 23rd September 2016
quotequote all
Let's be fair, Alfa residuals have never been the best.

Parisien

622 posts

162 months

Friday 23rd September 2016
quotequote all
Evanivitch said:
Let's be fair, Alfa residuals have never been the best.
True, but you'd think if Alfa are considering being a rival to BMW/MB sports saloons, then by being 25/30% more in cost terms they can't compete for the moment.


P

Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all
Evanivitch said:
Let's be fair, Alfa residuals have never been the best.
Agreed, but if they want to compete with VAG, MB and Jaguar..?

Even by their standards, this is a shocker of an implicit depreciation.

kbf1981

2,252 posts

200 months

Fast Bug

11,680 posts

161 months

Friday 23rd September 2016
quotequote all
Which is why they'll never make inroads in to the fleet sector which is where the bulk of new car sales are for this sector

Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all

Evanivitch

20,072 posts

122 months

Friday 23rd September 2016
quotequote all
Ginge R said:
Agreed, but if they want to compete with VAG, MB and Jaguar..?

Even by their standards, this is a shocker of an implicit depreciation.
Agree completely, the only way they will shift volumes is if they can compete in the private/business lease section.

But what can they do if the market dictates it will depreciate like a stone? Lower the forecourt price? Subsidise the Lease market? Provide a huge warranty that boosts the Resale price? All sound like huge financial risk.

SWoll

18,369 posts

258 months

Friday 23rd September 2016
quotequote all
kbf1981 said:

So £10K down, 48 payments of £719 (£34,500) and a final payment of £19,250. I wonder what it'll be worth at 4 years and 50K miles as if it's £25k+ that stacks up quite well against a lot of M3/M4 lease deals I've seen.


daemon

35,816 posts

197 months

Friday 23rd September 2016
quotequote all
Ginge R said:
Guess I won't be getting one after all then. Quite possibly after all, it's a BMW, Audi, Jaguar or Mercedes for me. frown



Edit: Spelling biff - Giulia.

Edited by Ginge R on Friday 23 September 19:01
Its been destroying Alfa sales opportunities for years - kack residuals makes them uncompetitive in a PCP / lease driven market.

Not helped by Alfas "optimistic" retail pricing.

SWoll

18,369 posts

258 months

Friday 23rd September 2016
quotequote all
Evanivitch said:
Ginge R said:
Agreed, but if they want to compete with VAG, MB and Jaguar..?

Even by their standards, this is a shocker of an implicit depreciation.
Agree completely, the only way they will shift volumes is if they can compete in the private/business lease section.

But what can they do if the market dictates it will depreciate like a stone? Lower the forecourt price? Subsidise the Lease market? Provide a huge warranty that boosts the Resale price? All sound like huge financial risk.
There's a lot of companies subsidising the lease market, list prices are a nonsense at the moment.

Wills2

22,804 posts

175 months

Friday 23rd September 2016
quotequote all
Ginge R said:
Cheers. From that..


They're still laughably rubbish, 7k in on a 4 pot diesel? You can get a 313hp 335d M sport for £449 in and £449 a month.



daemon

35,816 posts

197 months

Friday 23rd September 2016
quotequote all
SWoll said:
Evanivitch said:
Ginge R said:
Agreed, but if they want to compete with VAG, MB and Jaguar..?

Even by their standards, this is a shocker of an implicit depreciation.
Agree completely, the only way they will shift volumes is if they can compete in the private/business lease section.

But what can they do if the market dictates it will depreciate like a stone? Lower the forecourt price? Subsidise the Lease market? Provide a huge warranty that boosts the Resale price? All sound like huge financial risk.
There's a lot of companies subsidising the lease market, list prices are a nonsense at the moment.
+1

Offer the sort of discount to the leasining companies that they need to offer competitive lease deals against competitors cars.

I bet even their own PCP deals are crap though - they expect people to pay through the nose for their product, but havent got the balls to underwrite the PCP deals with decent residuals.

confused_buyer

6,616 posts

181 months

Friday 23rd September 2016
quotequote all
It's not the depreciation but the fact that Alfa appear not to be giving massive discounts off list in the first place which allows cheap lease deals.

BMW are giving 20% off 3-Series at the moment and Mercedes nearer 25%. If Alfa are actually selling them for the asking price then the prices will be more.

Of course Alfa could argue they are making a lot more per car so aren't as concerned about volume at this stage.

Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all
Wills2 said:
They're still laughably rubbish, 7k in on a 4 pot diesel? You can get a 313hp 335d M sport for £449 in and £449 a month.

I tweeted the very same comparison earlier. Alfa will get nowhere like this. Their hands may be tied to an extent, but it's tantamount to being happy with being regarded as an also ran, not a major player.


Ginge R

Original Poster:

4,761 posts

219 months

Friday 23rd September 2016
quotequote all
confused_buyer said:
Of course Alfa could argue they are making a lot more per car so aren't as concerned about volume at this stage.
Agree, but if they're going for yield and not volume, they'll lose the critical mass you get when you start to be seen everywhere.. an acceptable car. If they want to compete, and they said that this was the car to do it, what they seem to be doing is a bit like asking a sprinter to pace himself and take things easy in the first couple of seconds of an Olympic final.

spookly

4,019 posts

95 months

Friday 23rd September 2016
quotequote all
I'd love to get one of these on lease.... but not at those prices.

We'll have to wait and see if the prices soften a bit after a while. While BMW and Merc are offering big discounts on some models, they often don't on newly released models. The discounts tend to come when slack in the production schedule starts to result in unsold factory slots.
I don't think many manufacturers offer any incentives if all the available factory slots are being sold at RRP, why would they?