Lease Deals

Author
Discussion

jontysafe

2,351 posts

177 months

Sunday 1st April 2012
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Can you point me in the direction of these GTR lease deals? Cheers

barrieeld

528 posts

215 months

Sunday 1st April 2012
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I was dealing with Oracle Finance on a 59' plate GTR the'll lease anything up to 5 yrs old. Basically you find your own car give them the details and they'll give you a finance quote over HP, PCP or LP

hope that helps...

jontysafe

2,351 posts

177 months

Sunday 1st April 2012
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Sorry just to clarify, Oracle will do a straight lease, as in contract hire for any car under 5 years old? Or will they just do finance as in HP, PCP and LP. cheers

pattyg

1,329 posts

226 months

Sunday 1st April 2012
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barrieeld said:
Ive found this thread interesting...

I'm on the fence with leasing as ive always bought my vehicles wisely and sold them within a year meaning I tended to break even over the course of the year.

Edited by barrieeld on Sunday 1st April 09:10
How on earth do you keep a new car for around a year and break even?? I need to know your secret.

Tobeman

156 posts

148 months

Sunday 1st April 2012
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pattyg said:
How on earth do you keep a new car for around a year and break even?? I need to know your secret.
+1 !

barrieeld

528 posts

215 months

Sunday 1st April 2012
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I tend to buy trade from dealers i.e. Taking their trade ins for good prices. For example I purchased a range rover Sc back in sept and made 3k. I've lost £500 on some cars but generally I sell for the price I paid for it. Dealers are happy making £500 on their trade ins regardless and in some cases these cars can be had for 1-3k underbook depending on the car. Saying that you have to be quick I just lost out only the other week on a mint s320cdi 06 with 50k miles for £13k car was fully loaded with AMG styling etc.

barrieeld

528 posts

215 months

Sunday 1st April 2012
quotequote all
jontysafe said:
Sorry just to clarify, Oracle will do a straight lease, as in contract hire for any car under 5 years old? Or will they just do finance as in HP, PCP and LP. cheers
They may do although I was only interested in LP finance so that's what I asked them to quote me on. Pick a car out the trader and give them a call to see how the figures run for each. They said the gtr was one of the most popular financed cars.

stone chips

9 posts

143 months

Tuesday 17th April 2012
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Watch out for MB return standards at the end of your agreement, I returned a E220 cdi at the end of my agreement and received a bill for what was quite frankly body marks that were virtually impossible to see. That wasn,t just my opinion incidently , a friend of mine who just happens to be a vehicle inspector for BCA checked it over before it was collected and had to admit it was in very good knick and more than acceptable....not for MB though....they collected it as arranged...took it down to the midlands somewhere then set about constructing a nice big bill for me....fortunately I was armed with my own vehicle inspection including photos...a few phone calls and letters later and the bill was reduced substantially to cover just one kerbed near side wheel.
Apparantly MB are well known within the industry for trying it on when vehicles reach the end of their agreement.....you have been warned.....I will never lease from them again.....and I actually look after my cars well.

jetski690

5 posts

144 months

Thursday 3rd May 2012
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This deal caught my eye last night, http://www.vehicleleaseltd.co.uk/quote.html?a=quot...

va1o

16,029 posts

206 months

Thursday 3rd May 2012
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jetski690 said:
This deal caught my eye last night, http://www.vehicleleaseltd.co.uk/quote.html?a=quot...
That is good, looks like the diesel is coming in even less than the petrol. Think its also more powerful than the 200K and should use less fuel, win all round!

jetski690

5 posts

144 months

Thursday 3rd May 2012
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Yeah think it's the best deal on the SLK I've seen if it comes into fruition.

r129sl

9,518 posts

202 months

Thursday 3rd May 2012
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jetski690 said:
This deal caught my eye last night, http://www.vehicleleaseltd.co.uk/quote.html?a=quot...
I suppose £5,500 for 18months' motoring by SLK is not bad but the mileage limit is a bit puny and translates into 55p per mile.

Fats25

6,260 posts

228 months

Thursday 3rd May 2012
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stone chips said:
Watch out for MB return standards at the end of your agreement, I returned a E220 cdi at the end of my agreement and received a bill for what was quite frankly body marks that were virtually impossible to see. That wasn,t just my opinion incidently , a friend of mine who just happens to be a vehicle inspector for BCA checked it over before it was collected and had to admit it was in very good knick and more than acceptable....not for MB though....they collected it as arranged...took it down to the midlands somewhere then set about constructing a nice big bill for me....fortunately I was armed with my own vehicle inspection including photos...a few phone calls and letters later and the bill was reduced substantially to cover just one kerbed near side wheel.
Apparantly MB are well known within the industry for trying it on when vehicles reach the end of their agreement.....you have been warned.....I will never lease from them again.....and I actually look after my cars well.
Sounds very similar to my experience of Mercedes when car was given back (you can search for thread on here). Is a shame - as their hand back policy really tarnished what was an otherwise excellent experience of car ownership.

I am currently looking at slk's for my wife, and these lease deals look perfect. I just cannot be bothered with the hassle of the returns.

va1o

16,029 posts

206 months

Friday 4th May 2012
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Is it likely similar deals will be available on the new A-Class when it comes out later this year? If it can be had cheaply on contract hire will be quite tempted in 2013 when I'm next planning on purchasing.

tyrrell

1,670 posts

207 months

Friday 4th May 2012
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A,B,C,E's are just fleet fodder and have been for some while,there will be plenty of deals on them which makes it great for us
I also see the chairman of MB would like production to be cranked up above and beyond BMW & Audi figures so extra pressure on the Manufacturers to shift even more metal and the way to do this is offer massive discounts to the leasing companies.

andy-integrale

411 posts

190 months

Saturday 5th May 2012
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Fats25 said:
stone chips said:
Watch out for MB return standards at the end of your agreement, I returned a E220 cdi at the end of my agreement and received a bill for what was quite frankly body marks that were virtually impossible to see. That wasn,t just my opinion incidently , a friend of mine who just happens to be a vehicle inspector for BCA checked it over before it was collected and had to admit it was in very good knick and more than acceptable....not for MB though....they collected it as arranged...took it down to the midlands somewhere then set about constructing a nice big bill for me....fortunately I was armed with my own vehicle inspection including photos...a few phone calls and letters later and the bill was reduced substantially to cover just one kerbed near side wheel.
Apparantly MB are well known within the industry for trying it on when vehicles reach the end of their agreement.....you have been warned.....I will never lease from them again.....and I actually look after my cars well.
Sounds very similar to my experience of Mercedes when car was given back (you can search for thread on here). Is a shame - as their hand back policy really tarnished what was an otherwise excellent experience of car ownership.

I am currently looking at slk's for my wife, and these lease deals look perfect. I just cannot be bothered with the hassle of the returns.
Interested in this I have an E Class on a MB lease the moment. With the finance pack i got a really detailed brochure showing size and type of acceptable / unacceptable scratches and dents. If they stick to this it doesnt look unreasonable. Is this something new?

Olf

11,974 posts

217 months

Saturday 5th May 2012
quotequote all
Fats25 said:
stone chips said:
Watch out for MB return standards at the end of your agreement, I returned a E220 cdi at the end of my agreement and received a bill for what was quite frankly body marks that were virtually impossible to see. That wasn,t just my opinion incidently , a friend of mine who just happens to be a vehicle inspector for BCA checked it over before it was collected and had to admit it was in very good knick and more than acceptable....not for MB though....they collected it as arranged...took it down to the midlands somewhere then set about constructing a nice big bill for me....fortunately I was armed with my own vehicle inspection including photos...a few phone calls and letters later and the bill was reduced substantially to cover just one kerbed near side wheel.
Apparantly MB are well known within the industry for trying it on when vehicles reach the end of their agreement.....you have been warned.....I will never lease from them again.....and I actually look after my cars well.
Sounds very similar to my experience of Mercedes when car was given back (you can search for thread on here). Is a shame - as their hand back policy really tarnished what was an otherwise excellent experience of car ownership.

I am currently looking at slk's for my wife, and these lease deals look perfect. I just cannot be bothered with the hassle of the returns.
Another vote for this - these people are in my mind not much better than scammers. You look after a car well, give it back and they undertake what can only be described as a forensic level of inspection using special lights and reflecting parallel lines onto the car to determine where the bodywork isn't perfect. They took issue with a repair that was done by a MB dealership and approved MB body shop and tried to charge me for scuffs on the underside of the front deflector that were impossible to see unless you laid on the floor and look underneath the car. So in short if you deal with these people and keep the car in excellent order be ready for at least £1,000 worth of claims which over 8 months or more you might get back down to about £200 and then give up because life is too short. And that was an A class...

I've leased from Lex, BMW and VW and never had these issues.

MercedesBenz Finance - NEVER AGAIN.




Edited by Olf on Saturday 5th May 17:34

Fats25

6,260 posts

228 months

Saturday 5th May 2012
quotequote all
andy-integrale said:
Interested in this I have an E Class on a MB lease the moment. With the finance pack i got a really detailed brochure showing size and type of acceptable / unacceptable scratches and dents. If they stick to this it doesnt look unreasonable. Is this something new?
I had the same brochure. Seemed very fair. Then real life experience kicked in.

I don't want this thread to turn into a slag off the Mercedes hand back policy, as this thread should be about good lease deals, which there are many. If you want to read more or comment then do it on this thread:-

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Just remember to budget for approx £1000 at the end of the period into your costs, or be ready for a letter writing battle.

Fats25

6,260 posts

228 months

Saturday 5th May 2012
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swerni said:
I've only just got mine, but I plan on getting it inspected by MB locally before it's collected.
I did that as well! I had the original "tart up" work done before I handed it back, based upon the dealers recommendation.

Made no difference - the dealer even told me before it was out of his hand the minute it was collected.

matc

4,714 posts

206 months

Saturday 5th May 2012
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They've recently changed their hand-back company to BCA; from direct experience they are much more reasonable than they were before. You get some come and do a detailed inspection with you and any costs are agreed at that point.