Best lease car deals available?
Discussion
So I put in an order over 2 weeks ago with a lease company along the lines of Gateway2 ....
As soon as I had given the order they promised to get back to me within a day or 2 with an estimated time frame...
It's been over 2 weeks and have called 5 times but every time they reply saying they are waiting for the dealer (MB) to get back to them or today said their systems are down...
Any one else had anything similar?
What are my options? Should I just cancel?
As soon as I had given the order they promised to get back to me within a day or 2 with an estimated time frame...
It's been over 2 weeks and have called 5 times but every time they reply saying they are waiting for the dealer (MB) to get back to them or today said their systems are down...
Any one else had anything similar?
What are my options? Should I just cancel?
Does this happen often - whereby brokers are advertising cracking deals but they then struggle to get the car? If a broker can supply these cars surely a dealer should be able to at least match the price? I have heard a few stories where people have jumped onto an advertised deal, the dates keep changing or at worse the deal doesn't actually exist and a different car altogether is offered.
msport123 said:
Does this happen often - whereby brokers are advertising cracking deals but they then struggle to get the car? If a broker can supply these cars surely a dealer should be able to at least match the price? I have heard a few stories where people have jumped onto an advertised deal, the dates keep changing or at worse the deal doesn't actually exist and a different car altogether is offered.
A lot of dealers are reluctant to offer the deals as they make less money than if they stitch the punter up with a PCP. After VWFS had to *concede they were breaking the law by not offering the same deals to everyone, both business and private - all thanks to me and another PHer 
- things have started to change slowly for private leasing with some dealers are actively encouraging it on the internet, if not in the showrooms.There may still be loss-leading from some brokers, but there are decent brokers out there - always see if a forward-thinking dealer will match a lease, if only to save on the admin fee.
- = VWFS never came out and said they were wrong - they were stunningly patronising with me which I felt justified my stand - but they did quietly start offering the deals to private individuals along side businesses without making any announcement of a change in policy AFAIK. The journalist from Radio 4 told me that once someone had researched the legal implications and presented them with it, they couldn't do much else thanks to the publicity. You still see business only deals from other brokers/manufacturers, so I'm not sure why they can get away with it.
Edited by Emeye on Thursday 2nd July 15:46
msport123 said:
Does this happen often - whereby brokers are advertising cracking deals but they then struggle to get the car? If a broker can supply these cars surely a dealer should be able to at least match the price? I have heard a few stories where people have jumped onto an advertised deal, the dates keep changing or at worse the deal doesn't actually exist and a different car altogether is offered.
It's been covered a few times, so pay attention and take notes Not all dealer will/can offer contract hire deals, this is for several reasons... Not all of the deals are from manufacturer backed finance houses. So if the deal is with Arval (for example), the dealer would need to have the Arval quoting system (which they'd have to pay an annual fee for) and supply under the Arval terms. When I was at Renault Arval took 7.5% of a 7% dealer margin, so you make a loss on the car and pay Arval for the pleasure of doing so.
The main dealers that offer the deals from the likes of Arval/Lex/Alphabet generally have fleet departments which are there simply to shift numbers, and have the systems in place as they'll be nominated as preferred suppliers for big end user customers. These are the dealers that will supply the broker network.
Still with me? Delivery dates and advertised deals. There are a lot of brokers out there, some good, and some that are utter out and out liars. I've been on the phone to them before and told them a lead time, and they've switched phones and told the customer something totally different whilst I'm still there listening. The 'best' one, was I couldn't give a lead time as the ordering was closed and there was a back log, broker told the customer 10-12 weeks! I've had customers complain to me that vehicles are the wrong spec, or that it would come with a tank of fuel and a set of mats, or that it would be plylined FOC. Er no, you need to speak to the bloke that sold you the car/van/unicycle as they've bulls
tted you!Best thing to do is to use a broker that's been recommended to you, or a dealer that supplies the brokers - these will also be cheaper
Emeye said:
People should share who the friendly dealers are - it would save a lot of time for those looking for a deal!
I've my current car from: http://www.easternwesternfleetservices.co.uk/Their leasing site is just another shop window to their main dealership: http://www.easternwestern.co.uk/
where they also advertise company car deals: http://www.easternwestern.co.uk/business/
Being a 'real' dealership with actual stock as well as a leasing company I suspect the chances of matching deals are quite good.
The deals on the What Car? website are from dealers only, brokers aren't allowed to advertise on there
www.whatcar.com/car-leasing/
www.whatcar.com/car-leasing/
Fast Bug said:
It's been covered a few times, so pay attention and take notes
Not all dealer will/can offer contract hire deals, this is for several reasons... Not all of the deals are from manufacturer backed finance houses. So if the deal is with Arval (for example), the dealer would need to have the Arval quoting system (which they'd have to pay an annual fee for) and supply under the Arval terms. When I was at Renault Arval took 7.5% of a 7% dealer margin, so you make a loss on the car and pay Arval for the pleasure of doing so.
The main dealers that offer the deals from the likes of Arval/Lex/Alphabet generally have fleet departments which are there simply to shift numbers, and have the systems in place as they'll be nominated as preferred suppliers for big end user customers. These are the dealers that will supply the broker network.
Still with me? Delivery dates and advertised deals. There are a lot of brokers out there, some good, and some that are utter out and out liars. I've been on the phone to them before and told them a lead time, and they've switched phones and told the customer something totally different whilst I'm still there listening. The 'best' one, was I couldn't give a lead time as the ordering was closed and there was a back log, broker told the customer 10-12 weeks! I've had customers complain to me that vehicles are the wrong spec, or that it would come with a tank of fuel and a set of mats, or that it would be plylined FOC. Er no, you need to speak to the bloke that sold you the car/van/unicycle as they've bullstted you!
Best thing to do is to use a broker that's been recommended to you, or a dealer that supplies the brokers - these will also be cheaper
Weirdly enough after I posted my earlier comments about not getting a delivery time I was called up and told an estimated delivery month ( nov - which is actually consistent with some other people's experiences) but that the order was on 'backlog'.Not all dealer will/can offer contract hire deals, this is for several reasons... Not all of the deals are from manufacturer backed finance houses. So if the deal is with Arval (for example), the dealer would need to have the Arval quoting system (which they'd have to pay an annual fee for) and supply under the Arval terms. When I was at Renault Arval took 7.5% of a 7% dealer margin, so you make a loss on the car and pay Arval for the pleasure of doing so.
The main dealers that offer the deals from the likes of Arval/Lex/Alphabet generally have fleet departments which are there simply to shift numbers, and have the systems in place as they'll be nominated as preferred suppliers for big end user customers. These are the dealers that will supply the broker network.
Still with me? Delivery dates and advertised deals. There are a lot of brokers out there, some good, and some that are utter out and out liars. I've been on the phone to them before and told them a lead time, and they've switched phones and told the customer something totally different whilst I'm still there listening. The 'best' one, was I couldn't give a lead time as the ordering was closed and there was a back log, broker told the customer 10-12 weeks! I've had customers complain to me that vehicles are the wrong spec, or that it would come with a tank of fuel and a set of mats, or that it would be plylined FOC. Er no, you need to speak to the bloke that sold you the car/van/unicycle as they've bulls
tted you!Best thing to do is to use a broker that's been recommended to you, or a dealer that supplies the brokers - these will also be cheaper
Am I being given the run around?
fizz47 said:
Am I being given the run around?
Pass, it depends what you've ordered wemorgan said:
Why not ask for the supplying dealerships contact details and speak to them directly?
Some brokers won't let the supplying dealer speak to the end user. They'll even liaise between customer and deler to book the delivery (which is always fun if they cock it up). They're worried that the dealer may try and steal the customer, which to be fair some dealers might. Never saw the point of it myself, steal a one off deal or keep repeat business? No brainer 
I know leasing is generally frowned upon on PH. But, here are some numbers and why it makes sense......... sometimes
In the US you pay tax either on the new car or the depreciated price of the end of term value. In my case the Tiguan is a car that was $24,517 new and has depreciated to $15425 in 3 years and 5k miles. I paid finance charges of $116 total and am now paying 7% tax on $15k and not $24k. This saves $500 on the total cost of purchase even when you include the finance charges.
My intention was always to buy the car but by leasing I saved money and had less risk. Also, I leased at the time of closing on my house when cash was tied up. Leasing gave me the flexibility of purchasing a car that I can afford but did not have liquid cash for at the time. Currently, VW are doing 0% finance on all their range so If I need another car I will probably take advantage of that so leasing today may not be the best option.
In the US you pay tax either on the new car or the depreciated price of the end of term value. In my case the Tiguan is a car that was $24,517 new and has depreciated to $15425 in 3 years and 5k miles. I paid finance charges of $116 total and am now paying 7% tax on $15k and not $24k. This saves $500 on the total cost of purchase even when you include the finance charges.
My intention was always to buy the car but by leasing I saved money and had less risk. Also, I leased at the time of closing on my house when cash was tied up. Leasing gave me the flexibility of purchasing a car that I can afford but did not have liquid cash for at the time. Currently, VW are doing 0% finance on all their range so If I need another car I will probably take advantage of that so leasing today may not be the best option.
You don't need me to let you, fill yer boots.
Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
talksthetorque said:
You don't need me to let you, fill yer boots.
Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
That 5k/yr deal is deceptively cheap. As it's then 'interesting' how much the rate increases when @ 10k/yr. £257 to £507.Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
Edited by wemorgan on Friday 3rd July 07:13
wemorgan said:
talksthetorque said:
You don't need me to let you, fill yer boots.
Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
That 5k/yr deal is deceptively cheap. As it's then 'interesting' how much the rate increases when @ 10k/yr. £257 to £507.Back on to deals.
I thought THIS 420D M Sport Pro Media Auto 9 +23 @ £214.26 monthly wasn't bad.
Until I scrolled further down and saw THIS 430D M Sport Pro Media Auto for only £35 pounds a month more
Edited by wemorgan on Friday 3rd July 07:13
Personal Leasing
£279.37 per month inc vat
Initial payment
£2,095.29 plus vat
@ 10K/yr
Personal Leasing
£506.70 per month inc vat
Initial payment
£3,800.25 plus vat
Thought I would post this n here for some advice,
im currently looking for a new motor to get to work and back and to go from Kent to Edinburgh 6 times a year with family in tow and dog. Im in the position where I can have Motability through my Armed forces pension.
S Max titanium sport 180 durateq tdci £1999 advanced payment then £256 a month all in (so I only need to pay the £256 and fuel)
ST 3 tdci £1498 then £256
Volvo xc60 £1999 then £256 D5 se Lux auto
Will it be cheaper to do a private lease or are these a good deal?
im currently looking for a new motor to get to work and back and to go from Kent to Edinburgh 6 times a year with family in tow and dog. Im in the position where I can have Motability through my Armed forces pension.
S Max titanium sport 180 durateq tdci £1999 advanced payment then £256 a month all in (so I only need to pay the £256 and fuel)
ST 3 tdci £1498 then £256
Volvo xc60 £1999 then £256 D5 se Lux auto
Will it be cheaper to do a private lease or are these a good deal?
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