best lease deals?

best lease deals?

Author
Discussion

jdcampbell

1,231 posts

250 months

Wednesday 23rd October 2013
quotequote all
£297.99+ VAT (9+23) - 63 Plate Mercedes Benz CLS 250 CDi AMG Sport Shooting Brake 7G Tronic

OK it's not really in the same league as a 640d, but seems like a good deal for someone.

For anyone who likes the Audi TT (maybe not on PH I Suppose) there's a few deals going around for the Audi TT S-Line at £199+VAT at the moment.

slippery

14,093 posts

240 months

Wednesday 23rd October 2013
quotequote all
hornetrider said:
The big deposit helps the payment look low.

TheBMWDriver

591 posts

155 months

Wednesday 23rd October 2013
quotequote all
this is a better deal

£409+ VAT 3 months down + 35 months

CLS 350 AMG Sprot Auto

HoHoHo

14,987 posts

251 months

Wednesday 23rd October 2013
quotequote all
TheBMWDriver said:
this is a better deal

£409+ VAT 3 months down + 35 months

CLS 350 AMG Sprot Auto
I think you'll find the reason why this is better is simply because the spec on the Sprot Auto isn't as good as that on the Sport Auto hehe

hornetrider

63,161 posts

206 months

Wednesday 23rd October 2013
quotequote all
slippery said:
hornetrider said:
The big deposit helps the payment look low.
Even at 6+ it's only 329. Not too bad for a CLS, must be a 40k motor? (I don't actually know)

TheBMWDriver

591 posts

155 months

Wednesday 23rd October 2013
quotequote all
Just got back from MB dealer and had a look at the GL, its a nice car but I did not feel it has the premium quality feel inside so I think we will hold out for a 6GC.

Pickled Piper

6,344 posts

236 months

Wednesday 23rd October 2013
quotequote all
hornetrider said:
slippery said:
hornetrider said:
The big deposit helps the payment look low.
Even at 6+ it's only 329. Not too bad for a CLS, must be a 40k motor? (I don't actually know)
That's not bad. If I could get the 350CLS for under 400+VAT on a 6+23 deal, with 10k per year,, that may well be my next car.

pp

hornetrider

63,161 posts

206 months

Thursday 24th October 2013
quotequote all
Pickled Piper said:
hornetrider said:
slippery said:
hornetrider said:
The big deposit helps the payment look low.
Even at 6+ it's only 329. Not too bad for a CLS, must be a 40k motor? (I don't actually know)
That's not bad. If I could get the 350CLS for under 400+VAT on a 6+23 deal, with 10k per year,, that may well be my next car.

pp
Apparently the CLS is a 52k car!

http://www.autoexpress.co.uk/mercedes/cls-class/64...

So... at circa 12k for 2 years motoring makes this deal rather a bargain if you ask me.

slippery

14,093 posts

240 months

Thursday 24th October 2013
quotequote all
Let's not forget that the likes of MB now sell so few cars at the RRP, that if anything, the RRP now mainly exists to encourage you to do the man maths you've just done. smile

ATM

18,300 posts

220 months

Thursday 24th October 2013
quotequote all
slippery said:
Let's not forget that the likes of MB now sell so few cars at the RRP, that if anything, the RRP now mainly exists to encourage you to do the man maths you've just done. smile
And get bu mm ed on BIK when going co car route.

hornetrider

63,161 posts

206 months

Thursday 24th October 2013
quotequote all
slippery said:
Let's not forget that the likes of MB now sell so few cars at the RRP, that if anything, the RRP now mainly exists to encourage you to do the man maths you've just done. smile
Oh indeed. I imagine fairly hefty discounts off list are available if you wander in and actually buy the thing, however I imagine the target price would still be around 45k.

slippery

14,093 posts

240 months

Thursday 24th October 2013
quotequote all
ATM said:
And get bu mm ed on BIK when going co car route.
Very true. yes

slippery

14,093 posts

240 months

Thursday 24th October 2013
quotequote all
hornetrider said:
Oh indeed. I imagine fairly hefty discounts off list are available if you wander in and actually buy the thing, however I imagine the target price would still be around 45k.
I'm not saying it's a bad deal, it's just important not to get carried away with the whole RRP thing these days, best to just look at the car and the total payments including deposit over the whole period and decide whether or not it's a better deal than good old fashioned depreciation. In many cases, it clearly is.

ChelseaDave

Original Poster:

41 posts

128 months

Thursday 24th October 2013
quotequote all
Yeah those Mercedes deals are pretty good at the moment ... seem to be better deals than BMW currently

You can have either a CLS350 AMG sport auto or an E350 AMG sport auto cabriolet for virtually the same money on the usual lease deals.

Might go into the MERC garage again later and finally make a decision.

Current 530d M sport GT goes back in less than 2 months.

nw28840

986 posts

180 months

Thursday 24th October 2013
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Is the Merc GL deal still available ? Is that through Merc directly or ?

JapFreak786

1,527 posts

158 months

Thursday 24th October 2013
quotequote all
I saw those lease deals and went to local Merc showroom, the new E-Class coupe looks IMO very very nice on the exterior, the interior is fairly nice as well but I cannot get over how uncomfortable the car is. I had a 62 plate E-Class saloon earlier on this year while my M5 was in the bodyshop, nice car in everyway but the interior just isn't comfortable

Saw the 4 Series 30 min later, SOOO much nicer, obviously no lease deals like the E-Class

Edited by JapFreak786 on Thursday 24th October 13:11

jdcampbell

1,231 posts

250 months

Thursday 24th October 2013
quotequote all
Pickled Piper said:
That's not bad. If I could get the 350CLS for under 400+VAT on a 6+23 deal, with 10k per year,, that may well be my next car.

pp
As you wish:

CLS 350CDi SE £363.75 + VAT (6+23)

CLS 350CDi AMG Sport £378.06 + VAT (6+23)

CLS 350CDi SE Shootingbrake £381.98 + VAT (6+23), or CLS 350CDi AMG Sport Shootingbrake £396.29 + VAT (6+23)

A friend of mine has used this firm before and found them to be very good. PM me for his details and I think the pair of you (or maybe just him) get a commission if you let them know of the recommendation.

blindswelledrat

25,257 posts

233 months

Thursday 24th October 2013
quotequote all
Pickled Piper said:
hornetrider said:
slippery said:
hornetrider said:
The big deposit helps the payment look low.
Even at 6+ it's only 329. Not too bad for a CLS, must be a 40k motor? (I don't actually know)
That's not bad. If I could get the 350CLS for under 400+VAT on a 6+23 deal, with 10k per year,, that may well be my next car.

pp
Am I missing something here? That deal is 9+23 so it works out at £400 per month plus vat = £480.
NOt that great. Better than buying I brand new and suffering the hit but still a pretty poor way of spending over 5k per year on a car.

jdcampbell

1,231 posts

250 months

Thursday 24th October 2013
quotequote all
blindswelledrat said:
Am I missing something here? That deal is 9+23 so it works out at £400 per month plus vat = £480.
NOt that great. Better than buying I brand new and suffering the hit but still a pretty poor way of spending over 5k per year on a car.
It really depends on whether this is the kind of car you want. You are right that this car would cost you £11443 over 2 years. However this is a £52k car. Lets say you got it for £45k - you'd have to be able to sell it for £33k after two years to only spend the same amount of money - and that does not take into account the cost of stumping up the money for the 2 yrs.

In fact two year old <20k miles cars are retailing at £27k and trading at about £22k so if you bought the car it would be costing you at least £20k over the two years, plus the cost of the money.

So if you want a new CLS these lease deals are a no brainer.

blindswelledrat

25,257 posts

233 months

Thursday 24th October 2013
quotequote all
I agree JD. Ive never quite understood how and why they can do these deals that leave them considerably out of pocket depreciation wise.

My point is just a hatred of these misleading deposits pretending that the lease deal is much better than it actually is which the above conversation seems to demonstrate. It's not a £300 pm lease deal it is a £500pm deal. I can't understand why they are not standardised for clarity