Best lease car deals available?

[ArsE92]

forest172 said:

Gateway2lease

Cheers

[ex1]

loudlashadjuster said:

Hangcheck said:

Bloody hell! Do you have a contact number or any other details?

You generally have to call for these deals.

http://www.centralukvehicleleasing.co.uk/

CVL seem to have some suspiciously good deals. Skoda Yeti £99pm with £1500 down!

Anyone actually got the advertised 5kpa rate from them?

The S7 deal jumps from £395pm to £1096pm if you go from 5kpa to 10kpa.

[Emeye]

Anyone considered a Renault Zoe PCP?

I know they are not very PH and is not a proper lease, but for a city commuter car, especially in London they could work out financially beneficial. Maybe.

The battery rental spoils the party slightly when it comes to fuel saving.

Based on 7500 miles it is £80 a month for the car lease and £75 for the battery. Deposit is just a months payment and there are a couple of small admin fees.

Compared to my current 2.5 6 cylinder BMW the savings are huge, but I've yet to compare it to a similar sized/performance 5 door petrol car (fiesta?) as I've not found the time.

fuel calculator here
http://zoecostcalculator.renault.co.uk/calculator/...

Car details bere:
http://www.dsg-renault.co.uk/model.php?type=cars&a...

Anyone done the comparison?

[BigBen]

Emeye said:

Anyone considered a Renault Zoe PCP?

I know they are not very PH and is not a proper lease, but for a city commuter car, especially in London they could work out financially beneficial. Maybe.

The battery rental spoils the party slightly when it comes to fuel saving.

Based on 7500 miles it is £80 a month for the car lease and £75 for the battery. Deposit is just a months payment and there are a couple of small admin fees.

Compared to my current 2.5 6 cylinder BMW the savings are huge, but I've yet to compare it to a similar sized/performance 5 door petrol car (fiesta?) as I've not found the time.

fuel calculator here
http://zoecostcalculator.renault.co.uk/calculator/...

Car details bere:
http://www.dsg-renault.co.uk/model.php?type=cars&a...

Anyone done the comparison?

There is an EV forum with quite a few Zoe owners. Mine costs way less in lease + electricty than running my SL 55 so is technically a free car. Against all expectations I don't even mind driving it.

Ben

[CYMR0]

ex1 said:

CVL seem to have some suspiciously good deals. Skoda Yeti £99pm with £1500 down!

Anyone actually got the advertised 5kpa rate from them?

The S7 deal jumps from £395pm to £1096pm if you go from 5kpa to 10kpa.

I got a Golf on a similar rate, exactly as advertised.

And clearly on the S7 deal you just pay the excess mileage.

[beeej]

re: excess mileage, I took delivery of a Qashqai from g2l recently, the mileage rate is £0.11 and applies for 10% above the mpa only. So I reckon I'm safe doing 10+1k pa, but the rate could go higher if I exceed it?

Appreciate not all contracts are the same. Just saying what the paperwork was like for me.

[CYMR0]

beeej said:

re: excess mileage, I took delivery of a Qashqai from g2l recently, the mileage rate is £0.11 and applies for 10% above the mpa only. So I reckon I'm safe doing 10+1k pa, but the rate could go higher if I exceed it?

Appreciate not all contracts are the same. Just saying what the paperwork was like for me.

What does it say about the rest? +10% and then silent doesn't tell you anything - do they claim dimunition in value, do they claim they can repossess?...

[mondie]

beeej said:

re: excess mileage, I took delivery of a Qashqai from g2l recently, the mileage rate is £0.11 and applies for 10% above the mpa only. So I reckon I'm safe doing 10+1k pa, but the rate could go higher if I exceed it?

Appreciate not all contracts are the same. Just saying what the paperwork was like for me.

I am new to the whole PCP thing and didn't realise there were conditions like this attached to excess mileage. We have an M5 on PCP from BMW on one of the great deals they were doing in 2013. We will go well over on mileage, the excess is 25ppm but it never occurred to me that this may be capped. Didn't see it when I read the docs but better check again!

[Emeye]

CYMR0 said:

I got a Golf on a similar rate, exactly as advertised.

And clearly on the S7 deal you just pay the excess mileage.

The S7 deal I saw, the excess mileage was only 9ppm (probably +vat), which I thought was pretty good - if you do 10k instead of 5k per year it's only £45 per month inc vat extra over 24 months.

[loudlashadjuster]

mondie said:

I am new to the whole PCP thing and didn't realise there were conditions like this attached to excess mileage. We have an M5 on PCP from BMW on one of the great deals they were doing in 2013. We will go well over on mileage, the excess is 25ppm but it never occurred to me that this may be capped. Didn't see it when I read the docs but better check again!

I should think at 25ppm they'll be rubbing their hands in glee when you hand it back! That's a hefty excess mileage charge.

[Up_North]

loudlashadjuster said:

mondie said:

I am new to the whole PCP thing and didn't realise there were conditions like this attached to excess mileage. We have an M5 on PCP from BMW on one of the great deals they were doing in 2013. We will go well over on mileage, the excess is 25ppm but it never occurred to me that this may be capped. Didn't see it when I read the docs but better check again!

I should think at 25ppm they'll be rubbing their hands in glee when you hand it back! That's a hefty excess mileage charge.

But bear in mind the excess mileage charge is only relevant if you hand it back at the end of the term.

Ian

[Ascension]

Been reading this thread for a little while and now signed up as I'm more seriously thinking about leasing, so hi!

I need to downsize and sell my current car to try and save some costs of the next couple of years.

I was looking at this:

http://www.gateway2lease.com/z_audi_a1hatchback_1....

Audi A1
£ 170.54 inclusive of VAT per month
24 Month Contract
6+23 Payment Profile
Initial Payment = £852.72 (Excl. VAT)
Administration fee = £150.00(Excl. VAT)
5,000 miles per annum

Is this a reasonable deal for an A1? Low mileage doesn't bother me as I don't do that much.

[MattHall91]

Up_North said:

loudlashadjuster said:

mondie said:

I am new to the whole PCP thing and didn't realise there were conditions like this attached to excess mileage. We have an M5 on PCP from BMW on one of the great deals they were doing in 2013. We will go well over on mileage, the excess is 25ppm but it never occurred to me that this may be capped. Didn't see it when I read the docs but better check again!

I should think at 25ppm they'll be rubbing their hands in glee when you hand it back! That's a hefty excess mileage charge.

But bear in mind the excess mileage charge is only relevant if you hand it back at the end of the term.

Ian

Where is the catch with this?

Surely everyone who does PCP should take out a 5k mileage limit, do 20k a year and then hand it back early and incur no costs? I've always wondered this.

[mondie]

loudlashadjuster said:

I should think at 25ppm they'll be rubbing their hands in glee when you hand it back! That's a hefty excess mileage charge.

They will be since we will probably go 10k miles over due to a change in lifestyle and commitments with teenage kids. I am prepared for the cost but was concerned at some earlier posts hinting at limits on this before higher penalty's kick i. As far as I know this doesn't apply to my deal but I better recheck. I understand the charges don't apply if we keep the car but there is no chance of that. The M5 will continue to be a depreciation sinkhole.

[talksthetorque]

Ascension said:

Been reading this thread for a little while and now signed up as I'm more seriously thinking about leasing, so hi!

I need to downsize and sell my current car to try and save some costs of the next couple of years.

I was looking at this:

http://www.gateway2lease.com/z_audi_a1hatchback_1....

Audi A1
£ 170.54 inclusive of VAT per month
24 Month Contract
6+23 Payment Profile
Initial Payment = £852.72 (Excl. VAT)
Administration fee = £150.00(Excl. VAT)
5,000 miles per annum

Is this a reasonable deal for an A1? Low mileage doesn't bother me as I don't do that much.

There are a lot of cars the same size as the A1 for less money. Fiesta Titanium 1.5 TDCi for £150?

If you're trying to save money. If you want an A1, it's not too bad.
You can also get the next size car up for this money(Focus/Leon/Mazda 3/Golf)

[loudlashadjuster]

mondie said:

loudlashadjuster said:

I should think at 25ppm they'll be rubbing their hands in glee when you hand it back! That's a hefty excess mileage charge.

They will be since we will probably go 10k miles over due to a change in lifestyle and commitments with teenage kids. I am prepared for the cost but was concerned at some earlier posts hinting at limits on this before higher penalty's kick i. As far as I know this doesn't apply to my deal but I better recheck. I understand the charges don't apply if we keep the car but there is no chance of that. The M5 will continue to be a depreciation sinkhole.

There are no cheap ways to run an M5

If you're worried, 25ppm would be a high rate for the excess-excess mileage charge that some deals might jump to after x miles at 9ppm etc.

And yes, if people are mentioning PCP (thought this was a lease thread ) technically you only hand over the excess ppm cash if you hand it back, but if you're "trading it in" then you can be sure there's an adjustment in there somewhere.

[mondie]

I thought a PCP was a lease? I am relatively new to the UK so still working out the intricacies of car buying in the UK

[Emeye]

talksthetorque said:

There are a lot of cars the same size as the A1 for less money. Fiesta Titanium 1.5 TDCi for £150?

If you're trying to save money. If you want an A1, it's not too bad.
You can also get the next size car up for this money(Focus/Leon/Mazda 3/Golf)

If you want the premium feel of an Audi without the small size of the A1, there are some deals out there for the A3 Sportback SE 1.2 petrol - not much more than the A1 deal - I've heard good things about that engine, not so the 1.6Tdi

http://www.gateway2lease.com/z_audi_a3sportback_1....

Edited by Emeye on Thursday 16th July 23:22

[MattHall91]

mondie said:

I thought a PCP was a lease? I am relatively new to the UK so still working out the intricacies of car buying in the UK

PCP is a method of financing the purchase of a car. Leasing is a contract to rent a car.

[mondie]

Ah cheers for that Matt, I guess I am on a lease in that case. My mistake for using the two terms interchangeably.