Best lease car deals available?

Best lease car deals available?

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austinsmirk

5,597 posts

123 months

Saturday 2nd May 2015
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bugsy46 said:
mohitos said:
About to take my first lease car - a Golf GTD 5 door DSG driving

Lots of talk about gap insurance - could people comment on why it's so important on a lease car?
Nationwide Vehicle Contracts by any chance??

They had 50 allocated which sold in 24 hours!

Bagged a Metallic Carbon Grey VW Golf GTD with DSG on a 3+23 for £257 per month. Not bad for a £29,500 vehicle!

Edited by bugsy46 on Friday 1st May 16:45
Sounds great etc, pleased for you: but am I now do old that I simply cannot comprehend how a golf can possibly cost 30 k ???

Really ? A golf ??

It's just a mid sized hatchback

And I hasten to add I have had golfs in the past.

andrewparker

8,014 posts

187 months

Saturday 2nd May 2015
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Too old to make any sense by the sound of it...

bugsy46

7 posts

108 months

Saturday 2nd May 2015
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The badge alone is worth £10k wink The GTD/GTI come with a huge spec, and the DSG is worth the premium. Spec up a V40, A3, 1 series to the same level and you won't them any cheaper.

Motorunion

21 posts

107 months

Saturday 2nd May 2015
quotequote all
austinsmirk said:
Sounds great etc, pleased for you: but am I now do old that I simply cannot comprehend how a golf can possibly cost 30 k ???

Really ? A golf ??

It's just a mid sized hatchback

And I hasten to add I have had golfs in the past.
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max

talksthetorque

10,815 posts

135 months

Saturday 2nd May 2015
quotequote all
Motorunion said:
austinsmirk said:
Sounds great etc, pleased for you: but am I now do old that I simply cannot comprehend how a golf can possibly cost 30 k ???

Really ? A golf ??

It's just a mid sized hatchback

And I hasten to add I have had golfs in the past.
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max
But people pay that for a four year old one. So why would a new one cost that?

andrewparker

8,014 posts

187 months

Saturday 2nd May 2015
quotequote all
Motorunion said:
austinsmirk said:
Sounds great etc, pleased for you: but am I now do old that I simply cannot comprehend how a golf can possibly cost 30 k ???

Really ? A golf ??

It's just a mid sized hatchback

And I hasten to add I have had golfs in the past.
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max
How much would you suggest a base spec VW Up! should cost? As much as a decent push bike?

loudlashadjuster

5,103 posts

184 months

Saturday 2nd May 2015
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Motorunion said:
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max
Hello, and welcome to Pistonheads smile

Please be aware that we use the Gregorian calender here and that it is currently 2015 AD.

A top spec Golf last cost less than £15k about 20 years ago*, and the last time you were able to buy a new Golf - any Golf - for less than £10k was probably when the Spice Girls were No. 1.

Please read the Wikipedia entry regarding inflation and, perhaps, recalibrate your expectations biggrin

*For reference, in June 1987 the RRP for a Golf GTI 16v was £11,554, according to Autocar

Vaud

50,391 posts

155 months

Saturday 2nd May 2015
quotequote all
Motorunion said:
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max
You do know what net margins are for cars, the scale to which they are produced and the efficiencies in place to reduce cost whilst adding features?

RYH64E

7,960 posts

244 months

Saturday 2nd May 2015
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Vaud said:
Motorunion said:
Agree overpriced by a good £10,000, most new cars are 50% to 60% overpriced. A Golf should cost £10k to £15k max
You do know what net margins are for cars, the scale to which they are produced and the efficiencies in place to reduce cost whilst adding features?
I've just bought my daughter a new Fiesta Zetec with the Ecoboost engine and some extras, it cost just £11k on the road (albeit with employee discount from my dad), a lower spec would have been up to a couple of grand cheaper. In my mind a Golf is a £15k car, tops.

Vaud

50,391 posts

155 months

Saturday 2nd May 2015
quotequote all
RYH64E said:
I've just bought my daughter a new Fiesta Zetec with the Ecoboost engine and some extras, it cost just £11k on the road (albeit with employee discount from my dad), a lower spec would have been up to a couple of grand cheaper. In my mind a Golf is a £15k car, tops.
It's probably a topic best for another thread in fairness.

andrewparker

8,014 posts

187 months

Saturday 2nd May 2015
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^^ Top trolling

austinsmirk

5,597 posts

123 months

Saturday 2nd May 2015
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Well there is no way on this planet anyone could ever look at a golf, a3 or 1 series and say " do you know what, that looks like a 30 k car".

That's the problem with baby versions of the big model cars. Except arguably the golf as back in the 70's and 80's it was a perfectly acceptable family car.

Except cars have got much bigger and we now have all the suv's that never existed.

Feck me though , 30k. Anyway if anyone wants to know the 6 lotto numbers floor Saturday night just send me a pm and I'll let you know for a small fee.

andrewparker

8,014 posts

187 months

Saturday 2nd May 2015
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I think you're wrong, simply because I'm confident there are some people round here who live in the now and know that cars cost more than they did a decade or two ago.

7clubs

23 posts

119 months

Saturday 2nd May 2015
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loudlashadjuster said:
Hello, and welcome to Pistonheads smile

Please be aware that we use the Gregorian calender here and that it is currently 2015 AD.

A top spec Golf last cost less than £15k about 20 years ago*, and the last time you were able to buy a new Golf - any Golf - for less than £10k was probably when the Spice Girls were No. 1.

Please read the Wikipedia entry regarding inflation and, perhaps, recalibrate your expectations biggrin

*For reference, in June 1987 the RRP for a Golf GTI 16v was £11,554, according to Autocar
And how much did, say, a 26" television cost in the 1980s? And how much does the same television, with added airbags (sound features), connectivity (internet capability) and performance (picture quality) cost today???

"You can't stop progress" - unless you are a financial institution that happens to manufacture cars as a by-product of its principal revenue-generating function (debt) - I used to work for one.

btcc123

1,243 posts

147 months

Saturday 2nd May 2015
quotequote all
10 years ago I bought a Panasonic 42" television and stand for £2,000 and a few months ago replaced it with a Samsung 48" television that was better in every way and it cost me £480 with a 10% discount.

So perhaps if the same applied to cars,better and cheaper now a Golf should be £10,000 max.

I do think that a car now is relatively cheaper now that anytime in the past.

And to think a Volkswagen golf will be a £40,000 car soon when the R400 comes out.

MattHall91

1,268 posts

124 months

Saturday 2nd May 2015
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With people queuing up to buy 30k Golfs, you have to admire VW's Marketing department for such successful brand extrapolation.

andrewparker

8,014 posts

187 months

Saturday 2nd May 2015
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The hyper hatches are a bit of an anomaly though - very expensive for a "hatch", but potentially as quick as a not-too-old Ferrari.

btcc123

1,243 posts

147 months

Saturday 2nd May 2015
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The main issue is that between 70-80% of all new cars are bought on finance.If you spent 30k cash on a Golf it would seam expensive but with cheap finance and lease deals people can get a 30k car for 300 a month that may seam a good deal but a lease deal 6+23 at 300 a month is 8700 over two years with nothing to show at the end does not seam a good deal to me.

In the old days if you could only afford a 5 year old car thats what you bought.Now everyone seams to want a new car and leasing seams the most attractive way for many and if you have a good income and can afford to spend 300 a month on a car then that is ok as we are all different and can do what we like with out money.

fuchsiasteve

327 posts

206 months

Saturday 2nd May 2015
quotequote all
austinsmirk said:
Well there is no way on this planet anyone could ever look at a golf, a3 or 1 series and say " do you know what, that looks like a 30 k car".

That's the problem with baby versions of the big model cars. Except arguably the golf as back in the 70's and 80's it was a perfectly acceptable family car.

Except cars have got much bigger and we now have all the suv's that never existed.

Feck me though , 30k. Anyway if anyone wants to know the 6 lotto numbers floor Saturday night just send me a pm and I'll let you know for a small fee.
Agree 100%. To me £30k for a golf is a complete joke! It's just ridiculous. Wages pro rata haven't increased anywhere near enough over the years to justify the hike in price.

Motorunion

21 posts

107 months

Saturday 2nd May 2015
quotequote all
andrewparker said:
How much would you suggest a base spec VW Up! should cost? As much as a decent push bike?
About 6k. A descent push bike, 2k, that you could win the Tour de France on.
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