Best lease car deals available?

[MrOnTheRopes]

Any VW financed through VWFS will be subject to a November price rise. You probably won't get accurate pricing until Tuesday.

[rich12]

http://www.ebay.co.uk/itm/2014-AUDI-S3-2-0-TFSI-30...

If anyone can find me a decent deal on the above car (upto £350/month) then I will give you £100.

[Urban Sports]

rich12 said:

http://www.ebay.co.uk/itm/2014-AUDI-S3-2-0-TFSI-30...

If anyone can find me a decent deal on the above car (upto £350/month) then I will give you £100.

A car I'm looking quite seriously at, here is a deal on a manual, http://www.synergyautomotive.co.uk/AUDI/S3/S3-TFSI... the deals on these are few and far between but admittedly I haven't looked for a few weeks.

I'm not after your £100 BTW

I think these look stunning!

[rich12]

Wow, £100/month more just for the auto box! Manual me thinks haha.

That is a cracking deal considering no other company gets anywhere near that.

[Urban Sports]

rich12 said:

Wow, £100/month more just for the auto box! Manual me thinks haha.

That is a cracking deal considering no other company gets anywhere near that.

It is but I'd still want the S Tronic, my left knee gives me st from time to time and my commute means lots of on off the clutch, no way I'd pay that extra for the gearbox though, that's daft!

I'm looking early next year, I'm hoping a few deals pop up.

[rich12]

I've never actually seen any decent Audi deals since i've been looking at leasing.. Thats probably the best I've seen. Bloody nightmare this leasing malarky.

[Blown2CV]

rich12 said:

http://www.ebay.co.uk/itm/2014-AUDI-S3-2-0-TFSI-30...

If anyone can find me a decent deal on the above car (upto £350/month) then I will give you £100.

I'm sure you're aware you could have had a Golf R for not far off half of your budget up, for a surprisingly long time up until about now. Really want an Audi that badly or just epically bad timing?

[rich12]

A bit of both. I nearly ordered a golf when it first started but couldn't live with cloth seats and red which made it quite expensive. Then I chose not to and then recently I changed my mind and found out it's gone.

[topgunkos]

Are the Golf R deals still available? I am looking for a personal lease.

[Yve77]

Hi - I'm after a bit of advice really regarding a good lease for a family car, by that I mean it must be 5 door and be able to fit 3 car seats at the back 1 x booster, 1 x forward facing high back, 1 x rear facing baby seat) . Reading the thread I've learnt to not be too specific about the make/model if I want a good deal. I'm looking to spend approx £200 per month (too low?) could probably stump up 6 months initial rental. Preferably automatic, not bothered about fuel type. Currently driving a 12 year old BMW 3 series, every week it seems to be another issue. Looking on personal, but hubby has a limited company so could do business, although I'm still trying to understand tax implications for him.
Question is, is this doable? If so can anyone recommend any good lease deals.

Thanks in advance.

[Snollygoster]

Yve77 said:

Hi - I'm after a bit of advice really regarding a good lease for a family car, by that I mean it must be 5 door and be able to fit 3 car seats at the back 1 x booster, 1 x forward facing high back, 1 x rear facing baby seat) . Reading the thread I've learnt to not be too specific about the make/model if I want a good deal. I'm looking to spend approx £200 per month (too low?) could probably stump up 6 months initial rental. Preferably automatic, not bothered about fuel type. Currently driving a 12 year old BMW 3 series, every week it seems to be another issue. Looking on personal, but hubby has a limited company so could do business, although I'm still trying to understand tax implications for him.
Question is, is this doable? If so can anyone recommend any good lease deals.

Thanks in advance.

You'd probably be able to get a Skoda Octavia for around that (thinking that might be bigger enough) Although you'd probably have to go for a manual. Otherwise a Focus sort of thing will be within budget, but maybe a little small.

[Yve77]

Snollygoster said:

You'd probably be able to get a Skoda Octavia for around that (thinking that might be bigger enough) Although you'd probably have to go for a manual. Otherwise a Focus sort of thing will be within budget, but maybe a little small.

Thanks - will have a look at these to see if they can fit 3 car seats. If not, do you think my budget is too low, say for example. A Seven seater, i.e quashqai + 2/ Santa Fe or a MPV?

[thelawnet]

Outlander PHEV?

http://www.rivervaleleasing.co.uk/car-leasing/mits...

£206/month ex VAT.

Tax implications of putting this, as a plug-in hybrid, through the company are very good:

• 50% of VAT on cars is recoverable (any car, not just electric cars), that's £597.37 saved
• As it's under 130g CO2, you can deduct the cost of the lease against corporation tax - 20% probably?
• All company cars attract a BIK taxation. For this car this is 5% until April 2016, whereupon it will rise to 7%. So if you got delivery in a month, then you are looking at 16 months of tax at 5% and 8 months at 7%, based on the £33,249 P11D value. So that's a deemed income of £3768.22 over two years. Assuming 40% income tax, that's an income tax liability of £1507.29. In addition, the company will pay Class 1A NICs at 13.8%, which is £520.01

So in total:

• Personal lease cost £7,191.71, which if it comes out of income paid via dividends, taxed at the higher rate (income above ~£40k, below £150k), is equivalent to £11,986.18 in pre-tax income from your husband's company.
• Or, £6571.08 paid by the company (net of half the VAT) out of its pre-tax income for the lease, PLUS £2,029.30 in tax, a total effective cost of £8,600.38, which is equivalent to £5160.23 of taxed personal income, or £215 per month over the duration of the contract (i.e. disregarding the initial payment).

So you save £2k of taxed cash from your pocket by putting it through the company. And it's already a very cheap lease as a personal deal.

Obviously it's a 4x4, and it's a plug-in. There's no 7 seat option with the plugin.

The exact maths on the business vs. personal lease vary a lot, but with this working at 5.67% effective BIK rate, based on sub-50g CO2, you can see that with family cars starting at 99g CO2 for the slowest diesel, which is 16% BIK, you can see that that's going to add another £3,600 in tax on in this case, which makes the personal lease cheaper (although depending on the specifics of an individual lease price vs. sticker price - here quite heavily weighted towards the lease being cheap and sticker expensive, it's possible a business lease would still be cheaper in some cases) than business.

As for the car it seems very practical, it won't use any fuel at all for most journeys (up to about 20-25 miles), providing you charge it. There's free parking offered by many councils, it's a 4x4 with luggage space for the kids stuff (though not as much as in the diesel version), and free charging in many areas too. A home charging point is £115, although you can just use a domestic socket. http://www.britishgas.co.uk/products-and-services/...

For the effective total cost here, of £5160 in net cost over 2 years, and then fuel saving as well, you are basically paying no more for than this than something like a Ford Fiesta.

Edited by thelawnet on Monday 3rd November 16:01

[blindswelledrat]

I think you'll struggle for a qashqai +2 as I don't think they exist in the new shape yet. Might be wrong of course.
The normal ones could be had for your budget (give or take) seemingly which seems like a decent deal

https://www.leasecar.co.uk/ppc-aug/?carid=63032&am...

[Luke.]

blindswelledrat said:

I think you'll struggle for a qashqai +2 as I don't think they exist in the new shape yet. Might be wrong of course.
The normal ones could be had for your budget (give or take) seemingly which seems like a decent deal

https://www.leasecar.co.uk/ppc-aug/?carid=63032&am...

The Qashqai+2 is now the new X-Trail.

[Yve77]

thelawnet said:

Outlander PHEV?

http://www.rivervaleleasing.co.uk/car-leasing/mits...

£206/month ex VAT.

Tax implications of putting this, as a plug-in hybrid, through the company are very good:

Edited by thelawnet on Monday 3rd November 16:01

Definitely something to think about, thank you for your detailed response.
Blindswelled Rat and Luke - thanks also. I did see a couple of offers for the X Trail with a 8 week delivery time, which I could live with!

Edited by Yve77 on Monday 3rd November 16:41

[soxboy]

For 3 seats in the back it may be a struggle at most things other than MPV.

May be worth looking at VW Touran or alternatively Skodas Yeti and Superb estate.

[Yve77]

soxboy said:

For 3 seats in the back it may be a struggle at most things other than MPV.

May be worth looking at VW Touran or alternatively Skodas Yeti and Superb estate.

This is the problem that I'm having, hubby was set on an E class, but we won't fit the car seats in!
Thanks.

[Fast Bug]

Ori

Yve77 said:

Definitely something to think about, thank you for your detailed response.
Blindswelled Rat and Luke - thanks also. I did see a couple of offers for the X Trail with a 8 week delivery time, which I could live with!

Edited by Yve77 on Monday 3rd November 16:41

Most X-Trails are for delivery in March, well every one that I've sold over the last couple of months have been

Edited to correct delivery dates, I really shouldn't try to multitask...

Edited by Fast Bug on Monday 3rd November 18:44

Edited by Fast Bug on Monday 3rd November 18:45

[greido]

Undoubtedly the Outlander seems like a good deal but it does look a bit like Walter White's old car.