Best lease car deals available?

[IanCress]

Thanks xRIEx, that explains it. I'll have to re-do the insurance quote with myself as the policy holder and the wife as main driver. Hopefully this will take in to account her NCB, and not mine.

[Scottland]

IanCress said:

As far as i'm concerned the Zetec S is by far the best option. Although i'm not sure if Rivervale are putting their prices up, as when you click on the £119.99 link, the price now shows as £131.99 per month.

I'd argue the Titanium with the 125 ecoboost engine is better as you get more kit as standard (climate/cruise/dab etc).

[xRIEx]

IanCress said:

Thanks xRIEx, that explains it. I'll have to re-do the insurance quote with myself as the policy holder and the wife as main driver. Hopefully this will take in to account her NCB, and not mine.

NCB usually goes with the policyholder, however the insurance company might accept it.

I think I remember doing something like this back when I was broking, your wife might need to write a letter relinquishing her bonus so it can be applied in your name.

[IanCress]

If i'd known it was going to be such an issue we'd have done the application in her name. Never even occurred to me that insurance would be a problem, as we've often insured one of my cars in her name. I now understand the difference as the lease company have a financial interest in the car.

I'll check with the lease company on Monday as to what their preffered resolution is. I'm sure they will have seen this issue before.

[Blown2CV]

IanCress said:

Blown2CV said:

S5V8 said:

andrewparker said:

In my situation the lease is in my name, however my Wife is the policy holder with myself as the main driver. The lease company suggested they preferred the lease to be in the name of the main driver (though they stated this didn't specifically have to be the case), and it made no difference to the insurance company, hence the reason the main driver can differ from the policy holder.

I am doing the same for my wife's GLA when it turns up in March. I wanted to be the point of contact for the lease company so put the car in my name but its her insurance policy and I am a named driver as its her car and I rarely drive it.

i don't think that's what he's saying though. I think it's all in his name apart from the insurance - although i am not sure how you can have a policyholder that isn't the main driver. Not sure what the benefit is unless trying to get around the same things that fronting tries to do. We're at risk of this turning O/T again.

Yes, I'm wanting to do the same as S5V8. I'm the contact for the leasing company, but the car will be insured in the wife's name, with myself as a named driver. I'll drop the leasing company an email, as I can't see why it would be a problem.

as long as you are not the main user and the lease co are happy with it, there isn't an issue. However I still don't understand why anyone would want to do anything other than just get the person who's driving it to lease it and insure it.

[duckson]

Ian, i asked Rivervale the question as our Fiesta ST lease will be in my name but my wife will be the main driver and its her insurance policy (i will be a named driver under her policy). They said that was fine as its a husband and wife scenario.

It might be different on say a parent and child or similar.

[IanCress]

Blown2CV said:

as long as you are not the main user and the lease co are happy with it, there isn't an issue. However I still don't understand why anyone would want to do anything other than just get the person who's driving it to lease it and insure it.

The thought of who's name the documents were going to be in didn't even cross my mind when I ordered it. We've always bought cars in the past - i've insured one she insures the other. This is the first one we've ever leased, and in my mind it didn't matter which one of us insured it.

duckson said:

Ian, i asked Rivervale the question as our Fiesta ST lease will be in my name but my wife will be the main driver and its her insurance policy (i will be a named driver under her policy). They said that was fine as its a husband and wife scenario.

It might be different on say a parent and child or similar.

Cheers duckson. I'll confirm with them on Monday for peace of mind, but your situation sounds exactly the same as mine.

[Blown2CV]

IanCress said:

Blown2CV said:

as long as you are not the main user and the lease co are happy with it, there isn't an issue. However I still don't understand why anyone would want to do anything other than just get the person who's driving it to lease it and insure it.

The thought of who's name the documents were going to be in didn't even cross my mind when I ordered it. We've always bought cars in the past - i've insured one she insures the other. This is the first one we've ever leased, and in my mind it didn't matter which one of us insured it.

duckson said:

Ian, i asked Rivervale the question as our Fiesta ST lease will be in my name but my wife will be the main driver and its her insurance policy (i will be a named driver under her policy). They said that was fine as its a husband and wife scenario.

It might be different on say a parent and child or similar.

Cheers duckson. I'll confirm with them on Monday for peace of mind, but your situation sounds exactly the same as mine.

the only things you need to worry about differently with lease are:

• will the insurance co be OK with you not being the registered owner or keeper (some lease cos do allow you to show as keeper though)
• are the lease co ok with whatever wacky thing you've decided you must do with the insurance main driver, named drivers etc as compared to the lessee

however, regardless of the subject of leasing, if you're the main user of the car and you aren't the main driver on the insurance policy, then that's fronting and you're breaking the law.

[tim0409]

webwysard said:

tim0409 said:

Still struggling to make up my mind between purchasing a 2009 Z4 or leasing a 125d Auto - got some more quotes today...

125d Auto in black 3+23 £250 pcm inc VAT (effective £270) or the same with 15k £285 (effective £308)

I really love the auto so this is seriously tempting...

Leasing company please ?

Edited by webwysard on Thursday 1st January 18:35

PM sent - was through Lease Prices.

[S5V8]

duckson said:

Ian, i asked Rivervale the question as our Fiesta ST lease will be in my name but my wife will be the main driver and its her insurance policy (i will be a named driver under her policy). They said that was fine as its a husband and wife scenario.

It might be different on say a parent and child or similar.

Agreed. That what leasing options said as we are married it's no problem.

I want to be the lessee as when things go wrong or end of contract charges are discussed I want to deal with it not Mrs
S5V8.

[Trif]

S5V8 said:

end of contract charges are discussed

Are these common?

[RYH64E]

Trif said:

S5V8 said:

end of contract charges are discussed

Are these common?

There's a question. They used to be, I'm told they're not as common as they once were, I'm hoping that's true.

It used to be the case that unless you returned the car in better than new condition you were charged horrendous refurbishment charges. Last time I handed a car back was in 2011 and there were a lot of harsh words between the lease company and myself, I'd had the car professionally prepped as if for sale before return and it was immaculate (really), yet apparently every panel was scratched or damaged in some way and they wanted about £1500 (I think). I didn't pay and the situation resolved itself but until the latest round of crazy cheap lease deals I resolved never to lease again.

[Trif]

The guidelines I've read seemed fairly generous with acceptable damage. But in practice that might be different if they count invisible under normal light swirl marks as damage. You may be better off not cleaning it for the entire lease if that would be the case!

[RYH64E]

Back when leases were mostly business leases there was a fairly standard £1k/£2k refurbishment charge at the end of the lease pretty much regardless of the car's condition, and many companies just paid up. Even if you left the car in a garage for 2 or 3 years and didn't drive it there would have been a bill, the one I sent back was mint but I still got charged.

[CDP]

RYH64E said:

Trif said:

S5V8 said:

end of contract charges are discussed

Are these common?

There's a question. They used to be, I'm told they're not as common as they once were, I'm hoping that's true.

It used to be the case that unless you returned the car in better than new condition you were charged horrendous refurbishment charges. Last time I handed a car back was in 2011 and there were a lot of harsh words between the lease company and myself, I'd had the car professionally prepped as if for sale before return and it was immaculate (really), yet apparently every panel was scratched or damaged in some way and they wanted about £1500 (I think). I didn't pay and the situation resolved itself but until the latest round of crazy cheap lease deals I resolved never to lease again.

It's this end of contract stuff that puts me off.

[Vaud]

I had a Saab a few years ago; £150 penalty at the end, which was fair as it is had been keyed down 3 panels. I doubt they would have repaired it, just put it into auction.

[Fast Bug]

RYH64E said:

Back when leases were mostly business leases there was a fairly standard £1k/£2k refurbishment charge at the end of the lease pretty much regardless of the car's condition, and many companies just paid up. Even if you left the car in a garage for 2 or 3 years and didn't drive it there would have been a bill, the one I sent back was mint but I still got charged.

That's th first I've heard of bills like that, and companies didn't just pay up. Anything over a few hundred pounds is out of the norm, and companies do fight any large bills.

[RYH64E]

Fast Bug said:

That's th first I've heard of bills like that, and companies didn't just pay up. Anything over a few hundred pounds is out of the norm, and companies do fight any large bills.

Do a search, the topic has been discussed on PH many times before.

http://www.pistonheads.com/gassing/topic.asp?t=973...
http://www.pistonheads.com/gassing/topic.asp?t=865...
http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[Fast Bug]

Or I speak to my customers that have vehicles on contract hire?

[RYH64E]

Fast Bug said:

Or I speak to my customers that have vehicles on contract hire?

How long have you been in the business? End of lease charges were a big thing a few years ago, as you can see from some of the old threads I listed above.

Despite what I wrote in some of those old posts, I have (just) gone back to leasing and with Mercedes, so I rather hope that things have changed, but it was a big issue only a few years ago and I'm surprised it passed you by.