Best lease car deals available?

[andrewparker]

Clyde_05 said:

btcc123 said:

Vehicle Savers.com

Volkswagen Golf R

9+23 @ 215.24 including VAT.

Total for 2 years £6887.68

Only 5000 miles

Probably plus a admin fee buy cannot see it.

About the best deal around at the moment.

Great deal this. Anyone got any experience of dealing with these guys?

I'm in the process of ordering with them. So far so good, quick responses to emails, polite and courteous. More than I've had from some leading companies!

By the way, lead time on the Golf R from them is 5 months. It's an Arval deal, not VWFS, so excess is more.

[Clyde_05]

Agree very polite. Spoke with them earlier and said lead time was about 4-5 months being a factory order. Having missed out on the scirocco I think thus is a good alternative. Might see if Central can match.

[Shambler]

Golf R Estate DSG 3+23 10000mpa £300 a month inc vat at Vehicle Savers. I think this is a pretty decent deal.

[bigmaggot]

Fast Bug said:

bigmaggot said:

Fast Bug said:

MissChief said:

Friend is looking for a decent deal on a Mercedes E220 AMG NIGHT EDITION 4DR SALOON, WHITE OR BLACK

UNDER £400 P/M INC THE VAT
MAX £1100.00 UPFRONT PAYMENT
PERSONAL LEASE
2 YEAR DEAL WITH 15,000 PER YEAR MILEAGE.

He can get a Grey one but really wants White but would take Black.

Best I found with the mileage was nearly £400 a month. Anything better?

If you can get it for sub £400 month in vat on a 3+23 deal, I'd say take it as it looks pretty cheap to me.

I've just had one delivered, it is £250 a month on 9+23 with 8000 miles. £180 admin free from g2l

Pretty sure I can do your deal without the admin fee.

But that's half the miles and 6 payments less upfront than MissChief was looking at

Those payments are inc VAT. How can you get it cheaper?

[PorkInsider]

btcc123 said:

foreverfalling said:

It begs belief that someone argues about what they "think" should happen with someone who has just been through the exact scenario being discussed...

If Gap wasn't needed for a lease why do they sell it and actually advise it?

I will ring VWFS today and ask them why,when I spoke to them three weeks ago they said GAP insurance was a waste of money.

What did VWFS say?

I'm almost certain my lease co' told me it works like this example:

Initial payment = 6 x £300 = £1800

Monthly payment = £300

The lease co' is expecting to receive a total of £1,800 + (23 x £300) = £8,700 over the contracted period, plus the car back, and for the car to be worth £18,000.

However, so long as you make all the payments and they get the car back in good condition, its value at the end is their problem, not yours.

If after 6 months your car is stolen the situation could be as follows:

So far you've paid the lease co' £1800 + (5 x £300) = £3,300

Insurance co' offers £22,000 settlement.

So the lease co' has a total of £25,300 for the car, not the £26,700 expected.

The Gap insurance is to cover the £1,400 difference.

[Fast Bug]

bigmaggot said:

Those payments are inc VAT. How can you get it cheaper?

As I'm a dealer there's no administration fee

[5678]

Can anyone find a 5dr Golf R DSG in stock on a decent ish lease?

[saaby93]

PorkInsider said:

What did VWFS say?

I'm almost certain my lease co' told me it works like this example:

Initial payment = 6 x £300 = £1800

Monthly payment = £300

The lease co' is expecting to receive a total of £1,800 + (23 x £300) = £8,700 over the contracted period, plus the car back, and for the car to be worth £18,000.

However, so long as you make all the payments and they get the car back in good condition, its value at the end is their problem, not yours.

If after 6 months your car is stolen the situation could be as follows:

So far you've paid the lease co' £1800 + (5 x £300) = £3,300

Insurance co' offers £22,000 settlement.

So the lease co' has a total of £25,300 for the car, not the £26,700 expected.

The Gap insurance is to cover the £1,400 difference.

I think someone posted earlier that although it's in the contract its unlikely a lease co would collect the future paymens if the value of the car was settled by the insurer.
It's to do with insurance law and them not being better off after a claim than before. They shouldnt be worse off either

It should also apply to the policyholder. We've seen in a few instances the insurer pays the lease co for a replacement car, the policy holder gets the car and continues the payments as if nothing's happened and the lease co is no worse off than they were either.
Unfortunately it doesnt seem to be standard.

[foreverfalling]

No offence to anyone but I'm not going to go over it again (probably boring most people). It's in my previous posts.

[Thankyou4calling]

Good afternoon all.

Does anybody know of a decent deal around on a Mini Cooper? Diesel or petrol, needs to be 5 door and beyond that no preference. Anyone looking to shift one fast or a cancelled order. I can't see many on my normal searches.

Thanks.

[lee st]

Nationwide vehicle contracts have the audi s8 for £582 on a 2yr personal deal with 8k miles and around £2k upfront. Not bad for an £80,000+ car.

[Jasandjules]

Thankyou4calling said:

Good afternoon all.

Does anybody know of a decent deal around on a Mini Cooper? Diesel or petrol, needs to be 5 door and beyond that no preference. Anyone looking to shift one fast or a cancelled order. I can't see many on my normal searches.

Thanks.

http://www.takemylease.co.uk/lease.php?id=46917 ?

[harrykul]

Has anyone seen a deal on the Merc SLK for delivery asap? Have the 250d or 250d sport in mind. All that I've seen are at £300pm inc VAT with £1800 down. 10kpa.

[MattHall91]

lee st said:

Nationwide vehicle contracts have the audi s8 for £582 on a 2yr personal deal with 8k miles and around £2k upfront. Not bad for an £80,000+ car.

You'd never pay 80 grand cash for that sort of car.

[PenelopaPitstop]

lee st said:

Nationwide vehicle contracts have the audi s8 for £582 on a 2yr personal deal with 8k miles and around £2k upfront. Not bad for an £80,000+ car.

£15,310.44 total with admin fee, that's not tragic. Possibly achievable directly from dealer without the fee. Cash price with discount is £58K. So that's the amount worth comparing to, not 80K. I doubt anyone is paying 80K.

[unreal57]

Hi Chaps

I'm new to leasing but have been watching with interest, 2 questions if I may:

a) I found a decent lease on a Focus ST3 estate but the lease company - smartlease - don't belong or adhere to BVRLA and have no wear and tear guidance in the contract - should I walk away?

b) Any other recommendations for a <£200pm max £5k initial payment decent estate on 6k miles pa - not a Skoda my wife won't have one - that can fit a bike in the back, and or lease company's I should be looking at?

Thanks

[Fast Bug]

unreal57 said:

a) I found a decent lease on a Focus ST3 estate but the lease company - smartlease - don't belong or adhere to BVRLA and have no wear and tear guidance in the contract - should I walk away?

They aren't a leasing company, they are a broker so they won't have any wear and tear guidance. That would come from the funder who ever that may be.

[loudlashadjuster]

unreal57 said:

Hi Chaps

I'm new to leasing but have been watching with interest, 2 questions if I may:

a) I found a decent lease on a Focus ST3 estate but the lease company - smartlease - don't belong or adhere to BVRLA and have no wear and tear guidance in the contract - should I walk away?

b) Any other recommendations for a <£200pm max £5k initial payment decent estate on 6k miles pa - not a Skoda my wife won't have one - that can fit a bike in the back, and or lease company's I should be looking at?

Thanks

My advice? Don't put anything like £5k into the initial rental. If you really need the payment to be "<£200" then stick £1k-ish in as initial rental and the rest of the £3k-odd in the bank and peel it off at £100-odd a month as a standing order into the account the payment direct debit comes out of. Same net effect.

This isn't to make money per se (although you'll earn £50-100 interest if you're careful about where you keep it), but more so that if the car is written-off you're not in the position of potentially losing that large initial rental.

[AbzST64]

unreal57 said:

Hi Chaps

I'm new to leasing but have been watching with interest, 2 questions if I may:

a) I found a decent lease on a Focus ST3 estate but the lease company - smartlease - don't belong or adhere to BVRLA and have no wear and tear guidance in the contract - should I walk away?

b) Any other recommendations for a <£200pm max £5k initial payment decent estate on 6k miles pa - not a Skoda my wife won't have one - that can fit a bike in the back, and or lease company's I should be looking at?

Thanks

I got my ST3 through smartlease last year, apart from the initial quote I never dealt with them and got all docs through from the actual leasing company and never heard from smart lease again!

Edit: Mine wasn't an estate but was 3months upfront and £209 month!! 2 Year deal, 8k year!

Edited by AbzST64 on Monday 14th September 12:29

[sjg]

Shambler said:

Golf R Estate DSG 3+23 10000mpa £300 a month inc vat at Vehicle Savers. I think this is a pretty decent deal.

Thanks, got in touch with them - tempting but the 6 months for delivery would be pretty inconvenient.