Best Lease Car Deals Available? (Vol II)

[iphonedyou]

Your Dad said:

You forgot 'powerfully built'.

I did indeed. Thanks dad.

[wemorgan]

Eski1991 said:

How do you all do such low mileages, all of these deals become rather exorbitant once you get to 15k miles p/a?

Many VAG cars are 7.2ppm, which is cheap motoring.
There are also reports of this being discounted 50% if added mid way through the lease term.

[Blown2CV]

PenelopaPitstop said:

Eski1991 said:

How do you all do such low mileages, all of these deals become rather exorbitant once you get to 15k miles p/a?

I already done 4K of my 5K annual allowance, in 4 months. I'm going to pay excess fee at the end or try to get extra miles from VWFS for half price as mentioned here earlier.

In other words, you're paying the excess mileage charge after wasting a lot of time and effort pleading for clemency in vein against a signed contract.

[wemorgan]

Blown2CV said:

PenelopaPitstop said:

Eski1991 said:

How do you all do such low mileages, all of these deals become rather exorbitant once you get to 15k miles p/a?

I already done 4K of my 5K annual allowance, in 4 months. I'm going to pay excess fee at the end or try to get extra miles from VWFS for half price as mentioned here earlier.

In other words, you're paying the excess mileage charge after wasting a lot of time and effort pleading for clemency in vein against a signed contract.

Are you looking for a argument where none exists?

A 5 min phone call is hardly a waste of time, where other members have shown that -50% in the excess fee is possible.

[Blown2CV]

Why would anyone enter into a contract which they knew was unsuitable, that they couldn't hold their end of the bargain, hoping for the other party to act outside the contract to help them out? I really can't get down with the "someone else will fix my predicament" mentality.

[Sheepshanks]

Blown2CV said:

Why would anyone enter into a contract which they knew was unsuitable, that they couldn't hold their end of the bargain, hoping for the other party to act outside the contract to help them out? I really can't get down with the "someone else will fix my predicament" mentality.

..because with VW, the higher mileage contracts are often simply the lower mileage price, with the excess mileage charge pre-added in.

You're generally better going for low mileage as, worst case, it delays the payment until the end of the deal. Best case is you might not do the mileage for whatever reason, or you might get offered extra miles at a discount (I have no idea why VW would do this, but posters have said they do)/

[mattman]

Your Dad said:

iphonedyou said:

Panthro said:

It's not that bad. It pales in comparison to the usage of the word Lepton when describing speed.

It's awful. As is 'Lepton', 'pressing on' and 'making progress'.

You forgot 'powerfully built'.

Pow Pow Pow!!! (couldn't find shooting smiley)

There are so many bizarre descriptions on PH, i thought i'd drop a couple in to cheer the place up. I'll get my coat....

[Mark83]

loudlashadjuster said:

iphonedyou said:

clio007 said:

Simple reason really. I would rather not have 30k debt for a car.

Perfectly reasonable. With new affordability calculations for mortgages etc. this can make a huge difference.

Planning to sell my flat to buy a house with my girlfriend next year, applying for a new mortgage in the process, taking out PCP/lease is not the best idea?

IIRC I had a Clio 200 on PCP when I bought my flat 5 years ago although they didn't scrutinise finances as thoroughly as they do now.

[Eski1991]

Mark83 said:

Planning to sell my flat to buy a house with my girlfriend next year, applying for a new mortgage in the process, taking out PCP/lease is not the best idea?

IIRC I had a Clio 200 on PCP when I bought my flat 5 years ago although they didn't scrutinise finances as thoroughly as they do now.

Operative phrase being "5 years ago" banks are getting fussier (In my experience anyway, even for my piddly mortgage).

[loudlashadjuster]

Mark83 said:

Planning to sell my flat to buy a house with my girlfriend next year, applying for a new mortgage in the process, taking out PCP/lease is not the best idea?

IIRC I had a Clio 200 on PCP when I bought my flat 5 years ago although they didn't scrutinise finances as thoroughly as they do now.

Yup, some huge tightening of criteria in the past couple of years, and indeed again this year.

Total liabilities + outgoings all assessed, PCP means that you have 'borrowed' invoice price + interest, even if in reality you'll only ever pay back ~30% of it.

For a lease you are only liable for the contracted lease payments.

[KrisP]

Blown2CV said:

Why would anyone enter into a contract which they knew was unsuitable, that they couldn't hold their end of the bargain, hoping for the other party to act outside the contract to help them out? I really can't get down with the "someone else will fix my predicament" mentality.

For all your reading and posting on this particular thread, you don't get this? Flabbergasted

[Blown2CV]

Sheepshanks said:

Blown2CV said:

Why would anyone enter into a contract which they knew was unsuitable, that they couldn't hold their end of the bargain, hoping for the other party to act outside the contract to help them out? I really can't get down with the "someone else will fix my predicament" mentality.

..because with VW, the higher mileage contracts are often simply the lower mileage price, with the excess mileage charge pre-added in.

You're generally better going for low mileage as, worst case, it delays the payment until the end of the deal. Best case is you might not do the mileage for whatever reason, or you might get offered extra miles at a discount (I have no idea why VW would do this, but posters have said they do)/

I understand that, however if someone has gone in 'eyes open' knowing they will blow the miles, then why the pleading with VWFS to reduce the charge?

[Blown2CV]

KrisP said:

Blown2CV said:

Why would anyone enter into a contract which they knew was unsuitable, that they couldn't hold their end of the bargain, hoping for the other party to act outside the contract to help them out? I really can't get down with the "someone else will fix my predicament" mentality.

For all your reading and posting on this particular thread, you don't get this? Flabbergasted

see above. The point is that if you know you can't afford the excess mileage charge as stated, then you're not being clever in entering the contract if you already know you'll go over the mileage. Many people choose to pay the excess mileage charge as a means to optimise their outlay against their driving needs, but only if you know roughly how much it's going to cost at the end, otherwise it's just stupidity and loss of control.

[wemorgan]

Blown2CV said:

I understand that, however if someone has gone in 'eyes open' knowing they will blow the miles, then why the pleading with VWFS to reduce the charge?

Because it's likely to reduce the fee by 50% or worst case he will just pay the 7.2ppm that he always knew and likely budgeted for.

[jamesogt]

Best comparison sites for lease deals? If there is one. Or suggested sites where i can tweak mileage.

I need 15k minimum.......

[Airedalejoe]

Do you need to practice the know it all attitude or does it come naturally?

Blown2CV said:

In other words, you're paying the excess mileage charge after wasting a lot of time and effort pleading for clemency in vein against a signed contract.

[Blown2CV]

wemorgan said:

Blown2CV said:

I understand that, however if someone has gone in 'eyes open' knowing they will blow the miles, then why the pleading with VWFS to reduce the charge?

Because it's likely to reduce the fee by 50% or worst case he will just pay the 7.2ppm that he always knew and likely budgeted for.

fair enough. I'll go and try and haggle with the teenage checkout girl in tesco next time i get "me big shop" in then, if that's where we're at as a society.

[wemorgan]

Blown2CV said:

fair enough. I'll go and try and haggle with the teenage checkout girl in tesco next time i get "me big shop" in then, if that's where we're at as a society.

BOGOF!

[KevSeymour]

greggy50 said:

KevSeymour said:

greggy50 said:

This looks good value for a Golf GTI?

http://www.uchoosecontracts.co.uk/volkswagen_golf_...

3 + 23 8k p.a £270
3 + 23 10k p.a. £286

Not bad for a GTI, but not as good as the Leon Cupra offer posted by someone recently:
https://www.centralukvehicleleasing.co.uk/vehicle/...

I make that Leon £2,200 Deposit + £180 Vat + 23x £162pm + 10,000* 0.07 = £6,806

Golf = £7,436

Depends if value a badge or not I suppose probably would prefer the Golf as looks nice inside and out

I didn't have time to do the maths earlier but you're right, there's less in it that i thought. Still, if the badge isn't important to you a faster car is available for less money, Leon's aren't hard to look at either.


Edit: Actually, not sure your maths is right, unless i'm missing something the Seat is:

£2400 + 180 + 23x 179.99 = £6,719 for 8k

Slightly better, but not a huge amount.

Edited by KevSeymour on Tuesday 26th April 20:29

[CrossoverX]

The site below allows you to change the mileage and term, and has live prices for a lot of deals.

www.allcarleasing.co.uk