The Alfa Romeo 4C lease thread

The Alfa Romeo 4C lease thread

Author
Discussion

Amateurish

7,697 posts

221 months

Thursday 2nd March 2017
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ferdi p said:
Amateurish said:
They don't
Yea, & there's no credit charge in a DFS sofa either wink

Quote;
"So you're technically driving the leasing agency's car, and not surprisingly, they expect you to pay interest. In the leasing world, "money factor" is another word for "interest." It can also be called the "lease factor" or "lease fee." The main component of the money factor is the annual percentage rate (APR)"
No, there is no APR or balloon. In a lease you are simply paying a monthly rental amount to use the car for a fixed period.

You are thinking of a PCP where you borrow the funds to purchase the car. At the end of the term, you can pay the balance or hand the car back. There is an APR on the sum borrowed and a GFV.

craigjm

17,909 posts

199 months

Thursday 2nd March 2017
quotequote all
Amateurish said:
No, there is no APR or balloon. In a lease you are simply paying a monthly rental amount to use the car for a fixed period.

You are thinking of a PCP where you borrow the funds to purchase the car. At the end of the term, you can pay the balance or hand the car back. There is an APR on the sum borrowed and a GFV.
Of course there is interest built into the price. It is still a credit deal dressed up in a different way. The leasing company isn't doing you a favour. Can you get one without any kind of financial checks? If the answer is no then it is credit just under a different guise.

matt1269

598 posts

173 months

Thursday 2nd March 2017
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manracer said:
I've driven one this morning at my local alfa dealer. I'm 6'2 and found the driving position just fine. I'm not 100% convinced about the steering feel on certain road conditions but going to sleep on it and take the other half down to see it at the weekend. They have also matched the price of unity.
Also been to see one this morning, the dealer was convinced the lease price was a mistake.
Ordered elsewhere smile

Amateurish

7,697 posts

221 months

Thursday 2nd March 2017
quotequote all
craigjm said:
Amateurish said:
No, there is no APR or balloon. In a lease you are simply paying a monthly rental amount to use the car for a fixed period.

You are thinking of a PCP where you borrow the funds to purchase the car. At the end of the term, you can pay the balance or hand the car back. There is an APR on the sum borrowed and a GFV.
Of course there is interest built into the price. It is still a credit deal dressed up in a different way. The leasing company isn't doing you a favour. Can you get one without any kind of financial checks? If the answer is no then it is credit just under a different guise.
Who said there wasn't interest built into the price? The original question was, what is the APR and what is the balloon. Answer - there is none. It's a hire agreement, not a purchase.

GaryG182

288 posts

222 months

Thursday 2nd March 2017
quotequote all
imdeman87 said:
Enjoy guys. smile Look forward to the pics when cars arrive. Gonna miss this one out I'm afraid (despite finding the deal at Unity). 2 leased cars on the drive already, a Cupra and Golf R, a 3rd would be too much imo.

Thanks for making the enquiry and confirming the deal! Was cheaper than CVL and saved me a fair few quid!

ferdi p

1,519 posts

171 months

Thursday 2nd March 2017
quotequote all
GaryG182 said:

Thanks for making the enquiry and confirming the deal! Was cheaper than CVL and saved me a fair few quid!
Great... You're gonna luv it! Spec?

sunniguy

132 posts

106 months

Thursday 2nd March 2017
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Gone for one through Unity too. Just waiting for finance to be accepted before deposit is taken.

Pulse00

510 posts

98 months

Thursday 2nd March 2017
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What spec guys? Need info! Anyone go for the nicer headlights?

manracer

1,544 posts

96 months

Thursday 2nd March 2017
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In true lease spirit, I'm going to go for the black, no options ( except the free parking sensors and cruise)

matt1269

598 posts

173 months

Thursday 2nd March 2017
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manracer said:
In true lease spirit, I'm going to go for the black, no options ( except the free parking sensors and cruise)
I've gone for exactly this spec. Cannot wait.

sunniguy

132 posts

106 months

Thursday 2nd March 2017
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Same spec, black, cruise control and rear sensors.

I quite like the stock headlights anyway.

Russ_H

359 posts

221 months

Thursday 2nd March 2017
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matt1269 said:
I've gone for exactly this spec. Cannot wait.
Yep me too - deposit paid

I think it looks pretty damn good in black........



Head lights blend in better


craigjm

17,909 posts

199 months

Thursday 2nd March 2017
quotequote all
so is that four potential leasers I see in this thread? probably the best way of getting one as there are quite a few sitting on the used market

GaryG182

288 posts

222 months

Thursday 2nd March 2017
quotequote all
ferdi p said:
Great... You're gonna luv it! Spec?
Currently same as the other guys; black, rear park sensors and cruise. I haven't even looked at the standard equipment let alone the options

GaryG182

288 posts

222 months

Thursday 2nd March 2017
quotequote all
craigjm said:
so is that four potential leasers I see in this thread? probably the best way of getting one as there are quite a few sitting on the used market
Apparently yesterday afternoon CVL had done 5. I never followed through with them and paid the deposit to Unity this morning, apparently I was the first to do so but she had had a lot of interest thanks to her details going up on the lease deal thread.

GaryG182

288 posts

222 months

Thursday 2nd March 2017
quotequote all
GaryG182 said:
Currently same as the other guys; black, rear park sensors and cruise. I haven't even looked at the standard equipment let alone the options
Ok just had a quick look, standard headlights Bi LED with CF surrounds...are the Bi xenons worth the upgrade at £400?

Also, I assumed the standard wheel option was the round circle classic alfa design but it's not. The standard wheel is 17"-18" twin 5 spoke style. Thoughts?

Pulse00

510 posts

98 months

Thursday 2nd March 2017
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If I order I'll be paying the extra tenner a month for the xenons because I really think it turns it into more of a porsche/Ferrari looker making it more premium and less kitcar. If that's worth it is your decision. Black does hide it somewhat but not enough for me.

I think the standard wheels look fine. If I don't like them in the flesh I'll have them powder coated a very dark grey or black for £200. As to whether Alfa would accept it back with Black wheels is another thing though
[url|http://thumbsnap.com/qDqf1D3i[/url]

Pulse00

510 posts

98 months

Thursday 2nd March 2017
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Love this car. Looks Ferrari from the back, elise/exige from the side and distinctly Alfa up front! Awful steering wheel though!



BensZ4MC

480 posts

185 months

Thursday 2nd March 2017
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http://thumbsnap.com/tz7jcMCU

How about these wheels?

BensZ4MC

480 posts

185 months

Thursday 2nd March 2017
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Are there any issues with someone 6'2 getting comfortable?