Best lease car deals available?

Best lease car deals available?

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moffat

1,020 posts

226 months

Friday 11th July 2014
quotequote all
lamboman100 said:
Buying a car is exactly the same as buying a house:

  • Buying with 100% your own cash (no debt) = full ownership;
  • Buying with debt (loan) = partial ownership;
  • Ballooning = renting to buy;
  • Leasing = renting only.
In a nutshell -- broadly speaking -- the wealthier you are, the higher up that ladder you can rise.

.
I disagree.

I've worked with many a motor finance company including some niche companies. The majority of high performance / expensive cars are leased. Footballers etc all tend to lease. Why would you buy a £200k+ car and take that huge depreciation hit?

The rich are rich for a reason.

siovey

1,652 posts

139 months

Friday 11th July 2014
quotequote all
Zyp said:
Thanks for the reply Simon.

One of the brokers did say he was particularly embarrassed by it!
Also mentioned something about BMW pulling what discount they had.

Can't quite believe I can lease an M5 for less, but it's just a bit too big unfortunately.
No problem, Zyp. Good luck with the deal
Cheers
Simon

steedy27

662 posts

191 months

Friday 11th July 2014
quotequote all
BE57 TOY said:
How cheap?
Also interested ...

silverous

1,008 posts

135 months

Friday 11th July 2014
quotequote all
moffat said:
I disagree.

I've worked with many a motor finance company including some niche companies. The majority of high performance / expensive cars are leased. Footballers etc all tend to lease. Why would you buy a £200k+ car and take that huge depreciation hit?
You are taking the depreciation hit anyway....there's no free lunch with leasing.

moffat

1,020 posts

226 months

Friday 11th July 2014
quotequote all
silverous said:
You are taking the depreciation hit anyway....there's no free lunch with leasing.
There is on the C63 wink

Fast Bug

11,748 posts

162 months

Friday 11th July 2014
quotequote all
silverous said:
You are taking the depreciation hit anyway....there's no free lunch with leasing.
You're taking a far smaller hit as the leasing companies get a far bigger discount than a retail customer would paying cash/pcp/shirt buttons/magic beans

siovey

1,652 posts

139 months

Friday 11th July 2014
quotequote all
steedy27 said:
BE57 TOY said:
How cheap?
Also interested ...
Hi Chaps, for obvious reasons i can't provide any links. CH & L may be of some help though....biggrin

As of last night, we were way cheaper but now there's a couple similar / cheaper. Although it depends on whether you want to pay a doc fee or not...

mcbook

1,384 posts

176 months

Friday 11th July 2014
quotequote all
There seem to be quite a few decent deals on the Golf GTD at the moment - here's a 5dr 6+23 for £249.99 pcm

http://www.contracthireandleasing.com/car-leasing-...



Edited by mcbook on Friday 11th July 16:43

kmpowell

2,942 posts

229 months

Friday 11th July 2014
quotequote all
VX Foxy said:
kmpowell said:
I'd love an S6 but there doesn't ever seem to be any good deals on high performance petrol Audis frown
There was a stonking deal on an S5 a while ago.
You can't get a lurcher, an 8mth old baby, a buggy and all the paraphernalia that goes with them, into an S5... wink

I currently drive a C7 A6 (my first foray into sensible family motoring), but given I get a car allowance with my new job I can 'upgrade' to a C7 that's a lot more spicier. smile

Blown2CV

28,980 posts

204 months

Friday 11th July 2014
quotequote all
VX Foxy said:
kmpowell said:
I'd love an S6 but there doesn't ever seem to be any good deals on high performance petrol Audis frown
There was a stonking deal on an S5 a while ago.
are they not meant to be a bit bobbins though? The previous generation was panned at least IIRC.

Blown2CV

28,980 posts

204 months

Friday 11th July 2014
quotequote all
silverous said:
moffat said:
I disagree.

I've worked with many a motor finance company including some niche companies. The majority of high performance / expensive cars are leased. Footballers etc all tend to lease. Why would you buy a £200k+ car and take that huge depreciation hit?
You are taking the depreciation hit anyway....there's no free lunch with leasing.
you're generally paying for the depreciation, there or thereabouts, in a lease over the term. If I had that kind of cash I'd have my name down on a pipeline of limited editions, pay cash, keep each till the next one's been through it's waiting list and then flog at a profit or at least same money. Play it well and you'll have some fantastic motors, change regularly and it won't cost you much at all... clearly you'd need to find that first wodge though.

Wills2

23,011 posts

176 months

Friday 11th July 2014
quotequote all
Just did a contract hire deal on a 640d M sport Gran Coupe they'd added some extras (stock car) so came out at just shy of 80k list.

3+35 £666 inc VAT on 15k per year.

I think that's pretty good the support must be huge on these.




Edited by Wills2 on Friday 25th July 12:48

Urban Sports

11,321 posts

204 months

Friday 11th July 2014
quotequote all
Wills2 said:
Just did a contract hire deal on a 640d M sport Gran Coupe they'd added some extras (stock car) so came out at just shy of 80k list.

3+35 £666 inc VAT on 15k per year.

I think that's pretty good the support must be huge on these.

Edited by Wills2 on Friday 11th July 20:36
666

yikes

Don't drive it ever!

Zyp

14,712 posts

190 months

Friday 11th July 2014
quotequote all
Found what looks to be a definite deal on a new M3 DCT - 6+35 10k miles..... £879 inc maintenance.
A few extras added to take the car to just shy of £60500 list.

Bit expensive? hehe

Wills2

23,011 posts

176 months

Friday 11th July 2014
quotequote all
Urban Sports said:
666

yikes

Don't drive it ever!
I might have to get them to knock a quid off!

gizlaroc

17,251 posts

225 months

Friday 11th July 2014
quotequote all
Wills2 said:
3+35 £666 inc VAT on 15k per year.

I think that's pretty good...
hahahahaha

Do you?

They will be at £399 before long.

CYMR0

3,940 posts

201 months

Friday 11th July 2014
quotequote all
gizlaroc said:
Wills2 said:
3+35 £666 inc VAT on 15k per year.

I think that's pretty good...
hahahahaha

Do you?

They will be at £399 before long.
This is with a small deposit, a slightly higher mileage and a comedy amount of extras though.

Allow 10p per mile for the mileage, switch the deposit to 6 instead of 3, and take off the VAT and it's a headline figure of £474 + VAT.

Depending on what the extras are, that could be below £399 + VAT etc.

Wills2

23,011 posts

176 months

Friday 11th July 2014
quotequote all
CYMR0 said:
This is with a small deposit, a slightly higher mileage and a comedy amount of extras though.

Allow 10p per mile for the mileage, switch the deposit to 6 instead of 3, and take off the VAT and it's a headline figure of £474 + VAT.

Depending on what the extras are, that could be below £399 + VAT etc.
Indeed, looking at the low deposit the mileage and spec (8.5k worth of extras) it's pretty good, the extras are:

20" wheels
head up display
Harman kardon
Multi functional instruments
Soft close doors
Comfort seats
Adaptive LED headlights
High beam assist
Reversing camera
dark popular wood trim
Panoramic roof
privacy glass
heated front and rear seats
Internet
Speed limit display




Edited by Wills2 on Friday 11th July 23:06

VX Foxy

3,962 posts

244 months

Saturday 12th July 2014
quotequote all
Got a link for that deal?

gizlaroc

17,251 posts

225 months

Saturday 12th July 2014
quotequote all
Wills2 said:
Indeed, looking at the low deposit the mileage and spec (8.5k worth of extras) it's pretty good, the extras are:

20" wheels
head up display
Harman kardon
Multi functional instruments
Soft close doors
Comfort seats
Adaptive LED headlights
High beam assist
Reversing camera
dark popular wood trim
Panoramic roof
privacy glass
heated front and rear seats
Internet
Speed limit display
That's fair enough.

I would have to go 640i myself though, if you're only doing 15k miles a year and spending £666 a month on the car, what does another £10 a week in fuel matter?

Take a 640i out properly before you decide, it is a stonker.

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