Best lease car deals available?

Best lease car deals available?

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S-Express

41 posts

241 months

Thursday 5th February 2015
quotequote all
Here's my patented Lease Deal "Value-ometer" which takes in to account the list price of the car:-

Total up all costs over a two year deal, normalise to 10k miles by adding on any PPM. Then divide the RRP of the car by this total. Gives a value score that typically tops out at around 5 for the best deals. For example the Freedom Octavia Scout deal is:-

2400+239 +(23*84) = 4571 then add £720 for additional 10k miles= £5,291

£26,000ish RRP ( with metallic ) / £5291 = a Value-ometer score of 4.9

Maybe helps answer the recurring question posted here of "Is this a good deal?"

MoelyCrio

2,457 posts

183 months

Thursday 5th February 2015
quotequote all
RM88 said:
Who did you go with in the end?
I phoned the company you recommended this morning and the guy ran through some numbers and said he would email them over right away. Nothing turned up though. In the meantime the finance was cleared with MB through Freedom contracts so gone with them. Just reading the paperwork now.
Can't believe a car basically capable of driving itself doesn't come with mats!!!!

Blown2CV

28,868 posts

204 months

Thursday 5th February 2015
quotequote all
jonny996 said:
xRIEx said:
crosseyedlion said:
Dog Star said:
I wonder if it'd be an idea on this thread to standardise the format of the deals - eg. always show the 3+23 price. 9+ deals are all very well, but the deposits are bonkers.
What about if we just did the total cost including vat? Or per year with the deposit averaged?
Or deposit averaged across the monthly cost. Or the total amount averaged across the mileage allowance.
or start another thread so people can ask if they can put it through their LTD company
I'm only interested in BiK avoidance tips

RM88

82 posts

111 months

Thursday 5th February 2015
quotequote all
MoelyCrio said:
I phoned the company you recommended this morning and the guy ran through some numbers and said he would email them over right away. Nothing turned up though. In the meantime the finance was cleared with MB through Freedom contracts so gone with them. Just reading the paperwork now.
Can't believe a car basically capable of driving itself doesn't come with mats!!!!
That's a shame. Still got a nice deal in the end.

Did you got for the AMG line? Mine better come with mats!! smile

tjs79

875 posts

175 months

Thursday 5th February 2015
quotequote all
S-Express said:
Here's my patented Lease Deal "Value-ometer" which takes in to account the list price of the car:-

Total up all costs over a two year deal, normalise to 10k miles by adding on any PPM. Then divide the RRP of the car by this total. Gives a value score that typically tops out at around 5 for the best deals. For example the Freedom Octavia Scout deal is:-

2400+239 +(23*84) = 4571 then add £720 for additional 10k miles= £5,291

£26,000ish RRP ( with metallic ) / £5291 = a Value-ometer score of 4.9

Maybe helps answer the recurring question posted here of "Is this a good deal?"
Wait I've just ordered that exact deal... Did I do good? What's the scale of the valuometer smile

craste

1,222 posts

208 months

Thursday 5th February 2015
quotequote all
Anybody on here know the best place for a jaguar XE 2.0d r sport with auto.
Over 3 years including maintenance, 20k miles per annum?
Please!

jonny996

2,618 posts

218 months

Friday 6th February 2015
quotequote all
RM88 said:
MoelyCrio said:
I phoned the company you recommended this morning and the guy ran through some numbers and said he would email them over right away. Nothing turned up though. In the meantime the finance was cleared with MB through Freedom contracts so gone with them. Just reading the paperwork now.
Can't believe a car basically capable of driving itself doesn't come with mats!!!!
That's a shame. Still got a nice deal in the end.

Did you got for the AMG line? Mine better come with mats!! smile
My AMG Line came with some nice AMG logo matts as standard.

RYH64E

7,960 posts

245 months

Friday 6th February 2015
quotequote all
jonny996 said:
My AMG Line came with some nice AMG logo matts as standard.
Mine came with AMG mats in the car and the original set in the boot.

S-Express

41 posts

241 months

Friday 6th February 2015
quotequote all
tjs79 said:
Wait I've just ordered that exact deal... Did I do good? What's the scale of the valuometer smile
I've ordered the same car, paid slightly more at CVL before the freedom deals came out.

Running some figures on the valuometer gives a scale of 1-5ish.

1. You're having a laugh.
2. Nope, not good enough.
3. OK deals, but still a bit "Meh!"
4. Now we are talking, worthy of this thread.
5. That's a helluva deal.

Can anyone find a deal scoring a 6?

wibblebrain

656 posts

141 months

Friday 6th February 2015
quotequote all
Something not usually seen on this thread:

Nissan 370Z 6+23 8k miles p.a. £269.99+VAT per month with G2L

5678

6,146 posts

228 months

Friday 6th February 2015
quotequote all
S-Express said:
tjs79 said:
Wait I've just ordered that exact deal... Did I do good? What's the scale of the valuometer smile
I've ordered the same car, paid slightly more at CVL before the freedom deals came out.

Running some figures on the valuometer gives a scale of 1-5ish.

1. You're having a laugh.
2. Nope, not good enough.
3. OK deals, but still a bit "Meh!"
4. Now we are talking, worthy of this thread.
5. That's a helluva deal.

Can anyone find a deal scoring a 6?
I'd go for that, but the lead time is the blocker for me!

AKA PABS

316 posts

123 months

Friday 6th February 2015
quotequote all
S-Express said:
Here's my patented Lease Deal "Value-ometer" which takes in to account the list price of the car:-

Total up all costs over a two year deal, normalise to 10k miles by adding on any PPM. Then divide the RRP of the car by this total. Gives a value score that typically tops out at around 5 for the best deals. For example the Freedom Octavia Scout deal is:-

2400+239 +(23*84) = 4571 then add £720 for additional 10k miles= £5,291

£26,000ish RRP ( with metallic ) / £5291 = a Value-ometer score of 4.9

Maybe helps answer the recurring question posted here of "Is this a good deal?"
Love it, will use this. Nice value-ometer.

Fox-

13,241 posts

247 months

Friday 6th February 2015
quotequote all
Surely the best appraisal of value is lease cost versus depreciation not list price?

After all, £200 a month to lease a car that costs £50,000 and would be worth £50,000 in 2 years time is a terrible deal but £200 a month to lease a car that costs £30,000 and would be worth £500 in 2 years time would be a bargain.

CYMR0

3,940 posts

201 months

Friday 6th February 2015
quotequote all
Up to a point but you also need to take into account the fact that if you bought, then sold the car, you would have to fund the purchase price somehow, either from foregone interest on savings or through a loan.

So £200/month on a £50k car worth £50k in two years' time would be 5% flat interest with nil repayment of principal - not great but less horrible than it might seem.

Blown2CV

28,868 posts

204 months

Friday 6th February 2015
quotequote all
Let's not get into questioning the point of leasing. In certain circumstances it's cheaper than buying cash, hence this thread.

illmonkey

18,213 posts

199 months

Monday 9th February 2015
quotequote all
After the cheapest deal for a dog mobile. Needs to be a hatch or something like a small suv. Nothing french wink

WildCards

4,061 posts

218 months

Monday 9th February 2015
quotequote all
illmonkey said:
After the cheapest deal for a dog mobile. Needs to be a hatch or something like a small suv. Nothing french wink
Skoda Yeti Outdoor 1.6 TDi Greenline SE. £930 dipper, £145 x23

VW Up 1.0 3dr. £699 dipper, £99 x 23

tomwoodis

570 posts

185 months

Monday 9th February 2015
quotequote all
Sorry if this is a dumb question but are there certain times throughout the year when lease deals are generally at their best? If so, when do the best deals typically come out?

SausageBap

164 posts

199 months

Monday 9th February 2015
quotequote all
Deals just released on the new Ford Focus ST diesel:

http://www.gateway2lease.com/z_ford_focus_2.0tdci1...

Ford Focus
2.0 TDCi 185ps ST-3

Business Price
£ 199.99 per month

Personal Price
£ 239.99 inclusive of VAT per month

24 Month Contract
6+23 Payment Profile

Initial Payment = £1199.94 (Excl. VAT)
8,000 miles per annum

Pickled Piper

6,344 posts

236 months

Monday 9th February 2015
quotequote all
charltjr said:
berlintaxi said:
charltjr said:
OK it's only the 163bhp diesel, but still.....
Hence why it is cheap, nasty car to drive.
The reviews say otherwise, but I've never driven one.

For £300-ish a month given the spec it looks pretty strong against the current E-Class and 5er deals IMO
That's a good price for a XF Portfolio. The only downside is that the car will stop production around May and by the end of the year you will be driving "last years model".
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