Best lease car deals available?

Best lease car deals available?

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anonymous-user

54 months

Wednesday 30th July 2014
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GTID said:
Birdster said:
Fiesta ST-3. 6 + 23 = 29 x £179.99. That includes 8K per annum and metallic paint. No maintenance though. Not sure what the running costs are for an ST over two years, but seems an okay deal. As depreciation will most likely the same over two years, if not more if you were to purchase.

http://www.gateway2lease.com/z_ford_fiestast-3_1.6...
That looks like a good deal. 1 service and 2 new front tyres so what £300/350 approx for 2 years running..I think it will depreciate a fair bit more over 2 years than the cost of the lease. If I wasn't after something a bit quicker I would snap that up in a heartbeat.
That is a really good deal. It's a good deal for an ST-1, but it's an unbelievable deal for an ST-3. The same from Ford would be about £400 per month. I really don't know how G2L are able to offer that so cheap - I'm trying to work out if there is a catch.

I just ordered a spirit blue ST-1 from Ford at a really great price, and that lease is a fair bit cheaper. However, I can keep mine, which I guess is the difference here.

GTID

146 posts

118 months

Wednesday 30th July 2014
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Fox- said:
Will it though? They are £16250 through Broadspeed, the lease cost is £8k over 2 years. It's probably not going to lose 50% of its value in 2 years and 16k miles.

If the lease cost was much less than the expected depreciation then the lease firm would probably stand to lose money..
How did you work out £8k? I make it to be £5500 incl running costs.. I personally cant see them holding there value that well due to the sheer numbers i've seen on the road! Might be proven wrong though as theyve had such rave reviews.

Birdster

2,530 posts

143 months

Wednesday 30th July 2014
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RenOHH said:
GTID said:
Birdster said:
Fiesta ST-3. 6 + 23 = 29 x £179.99. That includes 8K per annum and metallic paint. No maintenance though. Not sure what the running costs are for an ST over two years, but seems an okay deal. As depreciation will most likely the same over two years, if not more if you were to purchase.

http://www.gateway2lease.com/z_ford_fiestast-3_1.6...
That looks like a good deal. 1 service and 2 new front tyres so what £300/350 approx for 2 years running..I think it will depreciate a fair bit more over 2 years than the cost of the lease. If I wasn't after something a bit quicker I would snap that up in a heartbeat.
That is a really good deal. It's a good deal for an ST-1, but it's an unbelievable deal for an ST-3. The same from Ford would be about £400 per month. I really don't know how G2L are able to offer that so cheap - I'm trying to work out if there is a catch.

I just ordered a spirit blue ST-1 from Ford at a really great price, and that lease is a fair bit cheaper. However, I can keep mine, which I guess is the difference here.
If I remember correctly it's the same price as the ST-2 deal, but without maintenance. The ST-2 seems to have changed to non maintained as well.

These are 0-60 in 6 seconds. Seems a pretty good turn of pace for the cash. Or you thinking Golf R pace?

Birdster

2,530 posts

143 months

Wednesday 30th July 2014
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mrdemon said:
VXR £133+ vat 3 +23

nothing to touch that deal /performance.

we are ditching our JCW for one at that price.
Where's that from?

Cheers.

Birdster

2,530 posts

143 months

Wednesday 30th July 2014
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Hang on. ST-2 is the same price. I suspect a mistake. Sorry for posting if it's incorrect.

http://www.gateway2lease.com/z_ford_fiesta_1.6ecob...

Urban Sports

11,321 posts

203 months

Wednesday 30th July 2014
quotequote all
Fox- said:
GTID said:
That looks like a good deal. 1 service and 2 new front tyres so what £300/350 approx for 2 years running..I think it will depreciate a fair bit more over 2 years than the cost of the lease.
Will it though? They are £16250 through Broadspeed, the lease cost is £8k over 2 years. It's probably not going to lose 50% of its value in 2 years and 16k miles.

If the lease cost was much less than the expected depreciation then the lease firm would probably stand to lose money..
Where did £8k come from?

Fox-

13,238 posts

246 months

Wednesday 30th July 2014
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Urban Sports said:
Where did £8k come from?
From really, embarrasingly crap maths. whistlegetmecoat

Urban Sports

11,321 posts

203 months

Wednesday 30th July 2014
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Fox- said:
Urban Sports said:
Where did £8k come from?
From really, embarrasingly crap maths. whistlegetmecoat
hehe not a bad deal is it?

anonymous-user

54 months

Wednesday 30th July 2014
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hora said:
What are their return terms/condition like? V.interested
Unless they've lied to me it is as follows. After 24 months you can choose to a) pay the final value fee (varies) and keep the car b) give the car back and get another new one for same/more/less monthly cost or c) give it back and walk away from the scheme.

With option C, if you go over the miles per annum you specified, you have to pay 7.2p per mile. If choosing option A you can put as many as you want on it because the car is yours. If choosing option B you can go over a bit and there is no problem. This is the part I'm unsure about. I imagine if you tell them you will do 10k per annum, but do 20k, they may have something to say.

anonymous-user

54 months

Wednesday 30th July 2014
quotequote all
Birdster said:
These are 0-60 in 6 seconds. Seems a pretty good turn of pace for the cash.
When I test drove one it was much, much quicker than it appeared on paper. I was genuinely surprised at the pace of it. I think it's faster than my S2000 for more of the time. The S2000 is quicker if revving the knackers off it (8000RPM+), but the ST is just quick all over the rev range.

Urban Sports

11,321 posts

203 months

Wednesday 30th July 2014
quotequote all
RenOHH said:
Birdster said:
These are 0-60 in 6 seconds. Seems a pretty good turn of pace for the cash.
When I test drove one it was much, much quicker than it appeared on paper. I was genuinely surprised at the pace of it. I think it's faster than my S2000 for more of the time. The S2000 is quicker if revving the knackers off it (8000RPM+), but the ST is just quick all over the rev range.
If it's really doing 0-60 in 6 seconds then it will always be quicker than an S2000 no matter how much you rev it.

anonymous-user

54 months

Wednesday 30th July 2014
quotequote all
Urban Sports said:
If it's really doing 0-60 in 6 seconds then it will always be quicker than an S2000 no matter how much you rev it.
They're 6.9 to 60. S2000 is 6.0. It's where the torque is available on the ST that makes it so good I think.

cat220

2,762 posts

215 months

Wednesday 30th July 2014
quotequote all
mrdemon said:
VXR £133+ vat 3 +23

nothing to touch that deal /performance.

we are ditching our JCW for one at that price.
This comes in slightly cheaper for the vxr...
http://www.allcarleasing.co.uk/car-leasing/vauxhal...

Urban Sports

11,321 posts

203 months

Wednesday 30th July 2014
quotequote all
RenOHH said:
Urban Sports said:
If it's really doing 0-60 in 6 seconds then it will always be quicker than an S2000 no matter how much you rev it.
They're 6.9 to 60. S2000 is 6.0. It's where the torque is available on the ST that makes it so good I think.
Official figures are 6.2 for the S2000 so it is quicker, torque is your enemy there and in certain circumstances make the fiesta a quicker car.

anarki

759 posts

136 months

Wednesday 30th July 2014
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Get the montune mp215 upgrade on it and your laughing. I'm very,very tempted with the thought of even keeping it after the lease.


KIT CONTENTS
The Mountune Performance MP215 package for the new Ford Fiesta ST consists of:

• Custom aluminium high-flow airbox with dual cold air feeds
• K&N panel air filter
• Porous lower air feed hose
• Required hardware / clips
• Revised engine calibration
• Mountune Performance badge
MP215 Kit
Once upgraded power increases to 215PS at 6000rpm and torque is raised to 320Nm at 3,000rpm.

The upgrade will produce performance returns of 0-60mph in 6.4 seconds and drops the 31-62mph in-gear time to 5.7 seconds - 0.7 seconds quicker than in standard form.

Mountune have tested the upgrades on British B roads and on numerous laps of the famous Nürburgring Nordschleife.

This upgrade can be fitted to any model year of Fiesta ST, new or used, and has a minimum 12 months/12,000-mile warranty on parts supplied against manufacturing defects and is the only performance upgrade that will not affect your manufacturer base vehicle warranty.

anonymous-user

54 months

Wednesday 30th July 2014
quotequote all
It does sound awesome. Just depends on whether I keep the car or not after 2 years, as that money is lost if I chop it in.

anarki

759 posts

136 months

Wednesday 30th July 2014
quotequote all
RenOHH said:
It does sound awesome. Just depends on whether I keep the car or not after 2 years, as that money is lost if I chop it in.
The kit cost £595 Inc vat and an hours fitting at circa £60.

£660 over two years for a massive improvement.

I think its worth it biggrin

AdamGP

198 posts

124 months

Thursday 31st July 2014
quotequote all
cat220 said:
mrdemon said:
VXR £133+ vat 3 +23

nothing to touch that deal /performance.

we are ditching our JCW for one at that price.
This comes in slightly cheaper for the vxr...
http://www.allcarleasing.co.uk/car-leasing/vauxhal...
I've been lookng into the VXR deal and there all through the same finance company who's personal lease terms require a letter from your employer stating that you are able to claim the mileage/fuel back IF you use the car for business use.

I will post up the exact criteria when I am in the office tomorrow, but it leaves me feelng slightly uncomfortable.

Has anybody else had this?

AdamGP

198 posts

124 months

Thursday 31st July 2014
quotequote all
AdamGP said:
cat220 said:
mrdemon said:
VXR £133+ vat 3 +23

nothing to touch that deal /performance.

we are ditching our JCW for one at that price.
This comes in slightly cheaper for the vxr...
http://www.allcarleasing.co.uk/car-leasing/vauxhal...
I've been lookng into the VXR deal and there all through the same finance company who's personal lease terms require a letter from your employer stating that you are able to claim the mileage/fuel back IF you use the car for business use.

I will post up the exact criteria when I am in the office tomorrow, but it leaves me feelng slightly uncomfortable.

Has anybody else had this?
This is the criteria you have to meet for the VXR, which all seems a bit iffy as it supposed to be Personal, should I be wary?

"To qualify for the Above deal you need to fall into one of the below categories.

We have alternative funders we can use if the below does not apply to you.

Personal Contract Hire

The proposed individual must fit into one of the following categories:
-Cash for car drivers (those who receive a cash allowance instead of company car)
-People that receive a Mileage or fuel allowance for business use. A Letter from your employer is acceptable*.
-Business owners and legal directors of limited companies
-Professional partners e.g. those who are a partner in a solicitors practice, accountants, doctors, dentists, vets etc
-Vehicles acquired for business purposes (not driving to and from work.

  • Car or fuel allowance letter on letter headed paper by your employer stating that IF the car is used for any business purpose then your employer will reimburse you for your mileage this can be sent by e-mail) or a letter proving you receive company car allowance"

jonnydm

5,107 posts

209 months

Thursday 31st July 2014
quotequote all
hora said:
AdamGP said:
This is the criteria you have to meet for the VXR, which all seems a bit iffy as it supposed to be Personal, should I be wary?

"To qualify for the Above deal you need to fall into one of the below categories.

We have alternative funders we can use if the below does not apply to you.

Personal Contract Hire

The proposed individual must fit into one of the following categories:
-Cash for car drivers (those who receive a cash allowance instead of company car)
-People that receive a Mileage or fuel allowance for business use. A Letter from your employer is acceptable*.
-Business owners and legal directors of limited companies
-Professional partners e.g. those who are a partner in a solicitors practice, accountants, doctors, dentists, vets etc
-Vehicles acquired for business purposes (not driving to and from work.

  • Car or fuel allowance letter on letter headed paper by your employer stating that IF the car is used for any business purpose then your employer will reimburse you for your mileage this can be sent by e-mail) or a letter proving you receive company car allowance"
Sorry that says to me the agent has a business only lease deal agreement with Vauxhall but its trying to get round the agreement. They'll pass on what you (customer) supplies to them as proof of a business user/agreement.

This and the fact that they are still two-tier pricing means they reap a monthly reward too.

If I was asked for such info I'd be wary.
As discussed on here previously, seems that dealers have been doing this an awful lot for a long time which is where many of the outstanding deals have come from.
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