Best lease car deals available?

[V12 AMG]

What is the list price on a loaded QQ?!?! £8k over 2 years is big money for something like that.

Your final point is the most important one...keeping the missus happy is priceless.

[Charlie1986]

Skoda Yeti 4x4 £149 a month or DSG for £166 inclusive of VAT £1890 deposit 8,000 miles PA with Free paint and tax for 2 years

[wemorgan]

V12 AMG said:

What is the list price on a loaded QQ?!?! £8k over 2 years is big money for something like that.

~£24.5k

Fleet News has 2yr/20k depreciation @ 63 ppm = £12.6k

[beeej]

Yeah I did the maths using an RRP of 24210 on a fully loaded QQ. AFAICT it's a saving of >2k in your pocket over the term to go PCH not PCP. Yes, the better deals are at the lower spec!

Please don't lose sight of the fact an Q5 or an XC60 would be more expensive. Other crossovers like the ix35 and sportage are available but she doesn't want those ones! Q3 is too small in the back and she didn't like the Tiguan test drive one bit.

[sjg]

beeej said:

Yeah I did the maths using an RRP of 24210 on a fully loaded QQ. AFAICT it's a saving of >2k in your pocket over the term to go PCH not PCP. Yes, the better deals are at the lower spec!

Please don't lose sight of the fact an Q5 or an XC60 would be more expensive. Other crossovers like the ix35 and sportage are available but she doesn't want those ones! Q3 is too small in the back and she didn't like the Tiguan test drive one bit.

Drivethedeal price is 21136 though.

Rough finance calc based on what's on Nissan's site you'd get a final payment/value of about £12k after 3 years. On their finance (5.93%, not brilliant) and putting the same deposit in as your lease (£1623), it'd be £287 a month. 3 years rather than 2 mind, but the excess miles charge is less.

So you're barely saving anything over PCP, I guess it depends more on whether you like the leasing model over PCP really.

[andrewparker]

nosuchuser said:

andrewparker said:

Had a chat with Kelly at G2L about their Golf R Estate deal and got an official quote, as follows:

Golf R Estate, plus metallic paint, list price £34125
24 month contract
3+23 payment schedule
Deposit of £832.56 followed by 23 payments of £277.52
Annual mileage of 5000, with excess charged at 6.28ppm (incl VAT)
Administration fee is £180.00

They're thinking delivery could be end of November.

Is that business or personal? Sounds like a tempting deal.

Personal. All costs above include VAT.

[pherlopolus]

I leased a QQ a few months back at those sort of numbers, I did the sums/specs comparison on the alternatives and the QQ was the only one that even had the option of a fully heated front screen for under £300 a month, so on the basis of that and that it had a lot of gadgets it was a done deal.

It is a great family car, but not not very PH of course, but after some exciting financial discussion over repairs to my previous car I just wanted something a bit more whitegoods for a couple of years. It's all down to personal needs and wants of course, i'd have loved a golf r or similar for the same cash, but I kind of like the high driving position and comfy seats

[neil1jnr]

andrewparker said:

Had a chat with Kelly at G2L about their Golf R Estate deal and got an official quote, as follows:

Golf R Estate, plus metallic paint, list price £34125
24 month contract
3+23 payment schedule
Deposit of £832.56 followed by 23 payments of £277.52
Annual mileage of 5000, with excess charged at 6.28ppm (incl VAT)
Administration fee is £180.00

They're thinking delivery could be end of November.

That is a truly awful deal.

That cost is roughly £0.74/mile! Before the cost of fuel and consumables. I really don't get these 5K miles per year deals, you are being truly ripped off.

[neil1jnr]

davamer23 said:

uk_vette said:

Sorry to be a numpty.

What does 6+23 mean?

6x monthly payments in one lump as initial rental followed by 23 separate monthly payments. Total term 24 months/2years

And that initial payment is not a deposit. It's the cost of the first months rental. Particularly worse is the 9+23.

For example if the car costs '£300' per month, then the cost of that first months rental is £2700. If for whatever reason your contract with lease company becomes null/void after that first month has past you won't get your money back. It's sort of the cost of renting a brand new car with essentially delivery miles on the clock.

[sjg]

neil1jnr said:

That is a truly awful deal.

That cost is roughly £0.74/mile! Before the cost of fuel and consumables. I really don't get these 5K miles per year deals, you are being truly ripped off.

If you doubled the miles (20k over the term), it would only add £628 in excess mileage charge, thus about 40p a mile.

I'd be inclined to do similar, I'm well under the mileage on my current lease and as long as the excess miles charge is reasonable (and doesn't ramp up if you go nuts) it gives quite a bit of flexibility.

[neil1jnr]

sjg said:

neil1jnr said:

That is a truly awful deal.

That cost is roughly £0.74/mile! Before the cost of fuel and consumables. I really don't get these 5K miles per year deals, you are being truly ripped off.

If you doubled the miles (20k over the term), it would only add £628 in excess mileage charge, thus about 40p a mile.

I'd be inclined to do similar, I'm well under the mileage on my current lease and as long as the excess miles charge is reasonable (and doesn't ramp up if you go nuts) it gives quite a bit of flexibility.

I am pretty sure you can't just do double the miles over the term and then just pay the additional mileage charge for each mile? Isn't there a limit to the additional mileage you can do, or it would make the higher mileage deals obsolete?

[Casa1862]

Casa1862 said:

ant1973 said:

A bit left field but might interest someone. My car was stolen and need to replace it asap. I really wanted a Golf R estate but the lead times are a problem. I was looking for the best car with immediate availability and come across a Lexus IS300H Executive on 6+23 at £179 per month with no document fee. 8000 miles included.

Clearly going to be a bit meh to drive but for what you get, it's two years cheap motoring for a £30k car. Best of all, you can have one in a couple of weeks time.

Now off to buy a fun second car....

http://www.easternwesternfleetservices.co.uk/busin...

just called about these, looks like they have been pulled on Friday even though a few places still advertising them, anyone know of anything similar ?

I actually managed to get one of these, delivered last week, a lot of car for the cash. They've gone up now to about £230 + vat, I paid £185.00 + vat from Lexus dealer, delivered in 10 days, great service. Not sure what all the fuss about the gearbox is, it's fine and actually goes much better than expected in sport mode, highly recommended car, way cheaper and better than the BMW F30 318d SE it replaced.

Thanks to the person who posted the deal, hadn't even thought of Lexus before but at that price didn't think I'd go too far wrong..I didn't

Edited by Casa1862 on Thursday 11th June 13:55

[andrewparker]

neil1jnr said:

sjg said:

neil1jnr said:

That is a truly awful deal.

That cost is roughly £0.74/mile! Before the cost of fuel and consumables. I really don't get these 5K miles per year deals, you are being truly ripped off.

If you doubled the miles (20k over the term), it would only add £628 in excess mileage charge, thus about 40p a mile.

I'd be inclined to do similar, I'm well under the mileage on my current lease and as long as the excess miles charge is reasonable (and doesn't ramp up if you go nuts) it gives quite a bit of flexibility.

I am pretty sure you can't just do double the miles over the term and then just pay the additional mileage charge for each mile? Isn't there a limit to the additional mileage you can do, or it would make the higher mileage deals obsolete?

You can actually. That excess is up to 9,999 additional miles. Any miles above that are charged at 9.1ppm.

FWIW I'll do 16000 miles in it over the term, so cost per mile should be approximately £0.48.

As said before, on the face of it these 5000k deals looks poor, but delve a bit further into the excesses and they can often work out far less than a comparable higher mileage deal.

Edited by andrewparker on Thursday 11th June 14:07

[wemorgan]

Casa1862 said:

I actually managed to get one of these, delivered last week, a lot of car for the cash. They've gone up now to about £230 + vat, I paid £185.00 + vat from Lexus dealer, delivered in 10 days, great service. Not sure what all the fuss about the gearbox is, it's fine and actually goes much better than expected in sport mode, highly recommended car, way cheaper and better than the BMW F30 318d SE it replaced.

Thanks to the person who posted the deal, hadn't even thought of Lexus before but at that price didn't think I'd go too far wrong..I didn't

Edited by Casa1862 on Thursday 11th June 13:55

For general info:

IS300h prices have reduced a bit

http://www.easternwesternfleetservices.co.uk/busin...
8k/yr 6+23 £210+VAT

but 320d prices have also just been reduced further
http://www.easternwesternfleetservices.co.uk/busin...
8k/yr 6+23 £165+VAT

Edited by wemorgan on Thursday 11th June 14:28

[Casa1862]

wemorgan said:

Casa1862 said:

I actually managed to get one of these, delivered last week, a lot of car for the cash. They've gone up now to about £230 + vat, I paid £185.00 + vat from Lexus dealer, delivered in 10 days, great service. Not sure what all the fuss about the gearbox is, it's fine and actually goes much better than expected in sport mode, highly recommended car, way cheaper and better than the BMW F30 318d SE it replaced.

Thanks to the person who posted the deal, hadn't even thought of Lexus before but at that price didn't think I'd go too far wrong..I didn't

Edited by Casa1862 on Thursday 11th June 13:55

IS300h prices have reduced a bit

http://www.easternwesternfleetservices.co.uk/busin...
8k/yr 6+23 £210+VAT

but 320d prices have also just been reduced further
http://www.easternwesternfleetservices.co.uk/busin...
8k/yr 6+23 £165+VAT

Very good deal on the BMW, I needed an auto so happy with the Lexus, plus had few BMW's now. Only problem with the above broker is getting a call back from them, they were advertising the Lexus deal way after it was finished so I'm a bit suspect if they would ever deliver what they advertise. I'm happy I paid a few quid extra for a dealer, would do again.

[nosuchuser]

andrewparker said:

nosuchuser said:

andrewparker said:

Had a chat with Kelly at G2L about their Golf R Estate deal and got an official quote, as follows:

Golf R Estate, plus metallic paint, list price £34125
24 month contract
3+23 payment schedule
Deposit of £832.56 followed by 23 payments of £277.52
Annual mileage of 5000, with excess charged at 6.28ppm (incl VAT)
Administration fee is £180.00

They're thinking delivery could be end of November.

Is that business or personal? Sounds like a tempting deal.

Personal. All costs above include VAT.

Thank you

[uk_vette]

neil1jnr said:

davamer23 said:

uk_vette said:

Sorry to be a numpty.

What does 6+23 mean?

6x monthly payments in one lump as initial rental followed by 23 separate monthly payments. Total term 24 months/2years

And that initial payment is not a deposit. It's the cost of the first months rental. Particularly worse is the 9+23.

For example if the car costs '£300' per month, then the cost of that first months rental is £2700. If for whatever reason your contract with lease company becomes null/void after that first month has past you won't get your money back. It's sort of the cost of renting a brand new car with essentially delivery miles on the clock.

Thanks all,

I popped into a MB dealership today, to enquire about a C220 Blueteck diesel.

The cost was
3000.00 down,
299.00 a month
for 36 months,
and 10,000 miles.

Good or bad?

How to work out if it is good or bad, I see pence per mile figures quoted on the thread, but dont know the context.

vette

[MattHall91]

A total cost of £13,764 against the retail price of the car is quite a lot.

Not the worst deal in the world, but a mile away from the best.

[beeej]

pherlopolus said:

I leased a QQ a few months back at those sort of numbers, I did the sums/specs comparison on the alternatives and the QQ was the only one that even had the option of a fully heated front screen for under £300 a month, so on the basis of that and that it had a lot of gadgets it was a done deal.

Thanks for the contributions today guys.

Have mailed Nissan to see if they can match/come close to the PCH. Don't mind PCP but Plan A is a lease for 2y, then see where we are. Enjoy the freedom of it. If it goes well, she can hand it back and I'll lease another in a different colour! Or something bigger. Etc.

When this is in the bag, I can switch fire to a German car for myself! Possibly not the Golf R Estate because the current VW touchscreen/cockpit/radio/nav annoys me... that font, the slowness of it... jeez Wolfsburg, look at the Ingolstadt cockpits and interface ;(

[S8QUATTRO]

good thread!