Best Lease Car Deals Available? (Vol 3)

Best Lease Car Deals Available? (Vol 3)

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Sheepshanks

32,800 posts

120 months

Thursday 25th August 2016
quotequote all
Beefmeister said:
Still find it amazing that they charge £30/m extra (£720 over the term) for another 3000 miles when even at the 10.8ppm rate those 3000 extra miles will only cost £324 at the end and it's most likely you'll be able to call VWFS and up the mileage for far less ppm.
It's extra 3K per year.

Edited by Sheepshanks on Thursday 25th August 14:31

Sonic

4,007 posts

208 months

Thursday 25th August 2016
quotequote all

Lambo89 said:
DJM7691 said:
That's a good deal, have you progressed with this? Do you know what the excess mileage fee is, I assume its the same 7.2ppm
Yes does look good, I've submitted an enquiry.
Did you hear anything back?

https://lease4less.org.uk/car-leasing/seat-leasing...

Beefmeister

16,482 posts

231 months

Thursday 25th August 2016
quotequote all
Sheepshanks said:
Beefmeister said:
Still find it amazing that they charge £30/m extra (£720 over the term) for another 3000 miles when even at the 10.8ppm rate those 3000 extra miles will only cost £324 at the end and it's most likely you'll be able to call VWFS and up the mileage for far less ppm.
It's extra 3K per year.
confused

Sonic

4,007 posts

208 months

Thursday 25th August 2016
quotequote all
Beefmeister said:
Sheepshanks said:
Beefmeister said:
Still find it amazing that they charge £30/m extra (£720 over the term) for another 3000 miles when even at the 10.8ppm rate those 3000 extra miles will only cost £324 at the end and it's most likely you'll be able to call VWFS and up the mileage for far less ppm.
It's extra 3K per year.
confused
The 5k deals quoted have 5k/year extra added to get to 10k/year... so 10k extra additional miles. The 8k have 2k/year added, so 4k extra over the 2 year term.

Sheepshanks

32,800 posts

120 months

Thursday 25th August 2016
quotequote all
Beefmeister said:
Sheepshanks said:
Beefmeister said:
Still find it amazing that they charge £30/m extra (£720 over the term) for another 3000 miles when even at the 10.8ppm rate those 3000 extra miles will only cost £324 at the end and it's most likely you'll be able to call VWFS and up the mileage for far less ppm.
It's extra 3K per year.
confused
If you get an 8K miles contract it's 8K per year, so 6000 miles more in total than a 5K/yr contract.

So the comparison is against an excess charge for 6000 miles - £648.

I think you just used £30 as a round amount too, plus those deals have the same up front payment so the monthly is the only variable, so it's a lower number than you used and you only multiply it by 23.

It's still marginal though and it would be bonkers to go for higher mileage if you weren't sure you were going to do - although some people would prefer to spread the cost and not be hit by the lump at the end.

RandomTask

139 posts

183 months

Thursday 25th August 2016
quotequote all
beeej said:
Not bad. Although the KX-1 is a tad povvo, any PHer will want the KX-2 I'd have thought, even for the missus. A bit like the new Tiguans, you probably want the SEL rather than the SE... biggrin
Cheaper here though, I think, metallic included, unsure on any additional admin fee.

http://www.whatcar.com/car-leasing/car-leasing/dea...

£871.34 initial + 23 x £145.22 (Inc VAT) 8000pa

Sheepshanks

32,800 posts

120 months

Thursday 25th August 2016
quotequote all
Sonic said:
The 8k have 2k/year added, so 4k extra over the 2 year term.
Did you do that on purpose? smile

Jimbob2405

33 posts

93 months

Thursday 25th August 2016
quotequote all
Sonic said:
Lambo89 said:
DJM7691 said:
That's a good deal, have you progressed with this? Do you know what the excess mileage fee is, I assume its the same 7.2ppm
Yes does look good, I've submitted an enquiry.
Did you hear anything back?

https://lease4less.org.uk/car-leasing/seat-leasing...
I also enquired about this deal early yesterday and so far have not heard anything back.

Sonic

4,007 posts

208 months

Thursday 25th August 2016
quotequote all
Sheepshanks said:
Sonic said:
The 8k have 2k/year added, so 4k extra over the 2 year term.
Did you do that on purpose? smile
Sorry, i was doing the figures out of curiosity to compare to a current 10k deal i have... so i took the 5k deal and +5k/year to get to 10k, and took the 8k deal +2k to get to 10k smile

Fast Bug

11,713 posts

162 months

Thursday 25th August 2016
quotequote all
RandomTask said:
beeej said:
Not bad. Although the KX-1 is a tad povvo, any PHer will want the KX-2 I'd have thought, even for the missus. A bit like the new Tiguans, you probably want the SEL rather than the SE... biggrin
Cheaper here though, I think, metallic included, unsure on any additional admin fee.

http://www.whatcar.com/car-leasing/car-leasing/dea...

£871.34 initial + 23 x £145.22 (Inc VAT) 8000pa
Only main dealers can advertise on What Car, so in theory there probably isn't an admin fee

Beefmeister

16,482 posts

231 months

Thursday 25th August 2016
quotequote all
Sheepshanks said:
If you get an 8K miles contract it's 8K per year, so 6000 miles more in total than a 5K/yr contract.

So the comparison is against an excess charge for 6000 miles - £648.

I think you just used £30 as a round amount too, plus those deals have the same up front payment so the monthly is the only variable, so it's a lower number than you used and you only multiply it by 23.

It's still marginal though and it would be bonkers to go for higher mileage if you weren't sure you were going to do - although some people would prefer to spread the cost and not be hit by the lump at the end.
Haha yep, I'm a dubass, not concentrating today! biggrin

Looking at the 1+23 deals it was generally around £30 dearer for the 8k option. So it's still around £70 cheaper over the term to go for the 5k plus the end payment, even if you don't get the cheaper ppm rate that people seem to be getting when calling and extending half way through.

Lambo89

146 posts

93 months

Thursday 25th August 2016
quotequote all
Jimbob2405 said:
I also enquired about this deal early yesterday and so far have not heard anything back.
Nadda!

duckson

1,243 posts

183 months

Thursday 25th August 2016
quotequote all
Lambo89 said:
Nadda!
Ditto....I'll probably phone tomorrow.

culpz

4,884 posts

113 months

Friday 26th August 2016
quotequote all
Since when did lease companies start doing 1+23 profiles? Never seen that before apart from on the recent pages on here for the Polo GTI, Golf GTI/R, Leon Cupra etc.

mikeN54

607 posts

182 months

Friday 26th August 2016
quotequote all
culpz said:
Since when did lease companies start doing 1+23 profiles? Never seen that before apart from on the recent pages on here for the Polo GTI, Golf GTI/R, Leon Cupra etc.
My experience is they will do whatever you ask for (on the phone), yes they advertise 6+ or 9+ as common variables. They've always quoted me whatever, 1,2,4,5,10+ etc or fixed up front.

It's only a finance calculation in the end.


Edited by mikeN54 on Friday 26th August 08:45

gazza5

818 posts

106 months

Friday 26th August 2016
quotequote all
culpz said:
Since when did lease companies start doing 1+23 profiles? Never seen that before apart from on the recent pages on here for the Polo GTI, Golf GTI/R, Leon Cupra etc.
Also 6+23 or 9+23 look cheaper until you look at the details.

Am tempted by the new vw golf r estate lease deal - see tonnes of hatchback - no estates round my way. I would keep it as cheap as possible - not even upgrade to leather etc - the car will go back to vw so why pay the options on top over 24 months - always seems daft to me. If it was a four year deal fair enough!

Beefmeister

16,482 posts

231 months

Friday 26th August 2016
quotequote all
gazza5 said:
Also 6+23 or 9+23 look cheaper until you look at the details.

Am tempted by the new vw golf r estate lease deal - see tonnes of hatchback - no estates round my way. I would keep it as cheap as possible - not even upgrade to leather etc - the car will go back to vw so why pay the options on top over 24 months - always seems daft to me. If it was a four year deal fair enough!
The 6 and 9 options are pretty much always cheaper than the 1+23 options over the term, but it's not by much. £50-100 in some cases.

loudlashadjuster

5,130 posts

185 months

Friday 26th August 2016
quotequote all
Email from CVL

Skoda Yeti 1.2TSI Monte Carlo
24 months
£1,800 initial
£72/mo
£180 fee
8k miles
£3,635.77 total (17.5% of list!)
£151.49 amortised

Also a Golf R estate at about the prevailing rate

Volkswagen Golf R Estate (no hatch)
24 months
£2,400 initial
£204/mo
£180 fee
5k miles
£7,271.77 (21% of list)
£303 amortised

darren f

982 posts

214 months

Friday 26th August 2016
quotequote all
Lambo89 said:
1 + 23 golf r 5dr nav - total cost 7030.56

http://www.21stcenturymotors.co.uk/personal-lease-...
I enquired on this and have had a response that the rates they advertised are now 'not achievable due to the volume of orders being processed'- i.e. residuals taking a hit due to the numbers of Rs that will be on the used market in 2 years time- this kind of backs up the discussion above. Anyways they have quoted £30-£40 on top of the advertised rates, putting a grand on the full cost, making it nowhere near the attractive deal it was mad I did get offered the Cupra Black as an alternative (... do they have in exhaustible supply of these somewhere?).

loudlashadjuster said:
Email from CVL
Also a Golf R estate at about the prevailing rate

Volkswagen Golf R Estate (no hatch)
24 months
£2,400 initial
£204/mo
£180 fee
5k miles
£7,271.77 (21% of list)
£303 amortised
Soooo much car for the money, further research confirms that a tow bar is not Type Approved for the Rs, even the estates, (why on a load lugger car confused ) so it's a non starter in any case.

stb100100

41 posts

105 months

Friday 26th August 2016
quotequote all
A few others from CVL's latest email

AUDI Q5 2.0TDI QUATTRO S-LINE PLUS S-TRONIC
24 months
£3240 initial
£360/mo
£180 fee
10k miles
£11,700 total payable
£487.5 amortised

NEW VW TIGUAN 2.0TDI S
24 months
£2400 initial
£120/mo
£180 fee
5k miles
£5,340 total payable
£222.50 amortised

AUDI A7 3.0TDI 272PS QUATTRO BLACK EDITION S-TRONIC 5DR
24 months
£3600 initial
£372/mo
£180 fee
10k miles
12336 total payable
£514 amortised

MERCEDES S350D AMG LINE AUTO SALOON (SWB)
24 months
£4212 initial
£468/mo
180 free
10k miles
£15,156 total payable
£631.50 amortised

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