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5678
5,017 posts
96 months
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BMW are pushing the X5 a bit more now...
BMW Select finance representative example for the BMW X5 xDrive30d M Sport Automatic.
Term of agreement
48 months
Total amount of credit
£40,520.18
47 monthly payments
£599.00
Option to purchase fee^
£10.00
On the road cash price*
£49,495.00
Optional final payment
£16,799.50
Customer deposit
£3,000.00
Total amount payable
£53,937.32
Dealer deposit contribution
£5,974.82
Rate of interest
3.9% fixed
Total deposit
£8,974.82
Representative 3.9% APR
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Face for Radio
1,665 posts
36 months
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Are there deals out there which have full maintenance and insurance?
I'm doing 25-30k per annum, and it looks like it could be cheaper all in to just lease, instead of buying. But I can't seem to find a website which gives me all the details and how much I would pay, without pushing me in to calling up and getting a formal quote providing all my details.
Would rather not do this. Am just mindful that the 'cheap' prices being touted are for 6k per annum and you have to do your own maintenance and insurance which means they suddenly aren't so cheap anymore.
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ukwill
7,248 posts
76 months
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That seems like quite a decent deal, from a cursory glance.
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dave_s13
8,353 posts
138 months
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SalarySacrifice4Cars Quotation
Vehicle Details - Your Quote: Skoda Fabia Estate 1.4TSi 180 EU5 vRS DSG Auto7
Paint Colour - Metallic : Race Blue
Upholstery - Tempo VRS Cloth : Red
Automatic
Options
Storage boxes - under front seats, Acoustic rear parking sensors, Roof - Black, 3 spoke multifunction steering wheel for radio and telephone and small leather pack, Front Armrest, Climate Control air conditioning, Amundsen satellite navigation system, Telephone preparation GSM II with Bluetooth, Cruise Control
P11d value £20315.00
Indicative CO₂ 148 g/km
Services
Resignation/Redundancy Insurance £4000 Cover, 6 Months Exclusion, Roadside Assistance Including European Cover, Free of Charge Maternity, Paternity, Adoption Cover, £2000, 6 months, Scheme Administration Fee MPA6
Maintenance - Full
Contract Term 36 months
Annual Mileage - 12500 miles
Excess Mileage Rate - 9.4 pence/mile
Normal Lease Costs
Normal Monthly Rental (including Car Insurance)
£541.12
Normal Monthly Cost before Savings
£541.12 (Gross)
Cost to Employee (Gross)
Total Gross Cost to Employee
£541.12 - This is the actual amount of money by which your gross monthly salary will be reduced.
Tax & NI Savings
Tax Saving - £101.19
Employee NI Saving - £64.93
Pension Saving - £35.17
BIK (Benefit-in-kind Tax)-£71.10
Total Tax Saving - £130.19
Cost to Employee (Net)
Total Net Cost to Employee (incl. BIK) - £410.93
This is the amount by which your 'take-home' salary will be reduced after the tax and NI savings and costs above have been applied. This figure is calculated assuming you have a full personal allowance of £8105 and that the gross annual salary you entered on Page 1 is correct. If your personal allowance or gross annual salary changes during the term of this agreement this net cost may change.
Hmm, I'm getting more tempted by this. Only thing is I'm pretty sure that Skoda have got up to t 6 month build time on these cars.
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Deva Link
26,885 posts
114 months
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Face for Radio said: Are there deals out there which have full maintenance and insurance?
I'm doing 25-30k per annum, and it looks like it could be cheaper all in to just lease, instead of buying. But I can't seem to find a website which gives me all the details and how much I would pay, without pushing me in to calling up and getting a formal quote providing all my details.
Would rather not do this. Am just mindful that the 'cheap' prices being touted are for 6k per annum and you have to do your own maintenance and insurance which means they suddenly aren't so cheap anymore. There's the Peugeot 'just add fuel' thing, but don't know if they would go to that kind of mileage.
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arun1uk
718 posts
67 months
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dave_s13 said: SalarySacrifice4Cars Quotation
Vehicle Details - Your Quote: Skoda Fabia Estate 1.4TSi 180 EU5 vRS DSG Auto7
Paint Colour - Metallic : Race Blue
Upholstery - Tempo VRS Cloth : Red
Automatic
Options
Storage boxes - under front seats, Acoustic rear parking sensors, Roof - Black, 3 spoke multifunction steering wheel for radio and telephone and small leather pack, Front Armrest, Climate Control air conditioning, Amundsen satellite navigation system, Telephone preparation GSM II with Bluetooth, Cruise Control
P11d value £20315.00
Indicative CO₂ 148 g/km
Services
Resignation/Redundancy Insurance £4000 Cover, 6 Months Exclusion, Roadside Assistance Including European Cover, Free of Charge Maternity, Paternity, Adoption Cover, £2000, 6 months, Scheme Administration Fee MPA6
Maintenance - Full
Contract Term 36 months
Annual Mileage - 12500 miles
Excess Mileage Rate - 9.4 pence/mile
Normal Lease Costs
Normal Monthly Rental (including Car Insurance)
£541.12
Normal Monthly Cost before Savings
£541.12 (Gross)
Cost to Employee (Gross)
Total Gross Cost to Employee
£541.12 - This is the actual amount of money by which your gross monthly salary will be reduced.
Tax & NI Savings
Tax Saving - £101.19
Employee NI Saving - £64.93
Pension Saving - £35.17
BIK (Benefit-in-kind Tax)-£71.10
Total Tax Saving - £130.19
Cost to Employee (Net)
Total Net Cost to Employee (incl. BIK) - £410.93
This is the amount by which your 'take-home' salary will be reduced after the tax and NI savings and costs above have been applied. This figure is calculated assuming you have a full personal allowance of £8105 and that the gross annual salary you entered on Page 1 is correct. If your personal allowance or gross annual salary changes during the term of this agreement this net cost may change.
Hmm, I'm getting more tempted by this. Only thing is I'm pretty sure that Skoda have got up to t 6 month build time on these cars. I've got a similar scheme at work and I would hazard a guess that you're a 20% tax payer if your BIK is so cheap! If so, that's not really a great deal... I can get a BMW 320d Efficient Dynamics (yes, I know it's a Diesel) for £370 a month on a 24 month contract. Or a 125d M Sport for £433, which is a stonking deal. Based on these, I'd expect the Fabia to be about £350. Make sure you do the math before you jump in, but if you can, do it!
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dave_s13
8,353 posts
138 months
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Comes down to £364 in standard spec.
Ivw got no interest in a base spec 320d.
It'd be interesting to see how yours compares with a like for like car.
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ATM
3,093 posts
88 months
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My brother told me Audi S5 PCP deal is now 2300 down and then 23 x 370 inc VAT.
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Bitzer
2,032 posts
37 months
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ATM said: My brother told me Audi S5 PCP deal is now 2300 down and then 23 x 370 inc VAT. Where is this? Sounds good.
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WEHGuy
1,137 posts
42 months
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Bitzer
2,032 posts
37 months
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The Crack Fox
8,075 posts
61 months
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Deva Link said: There's the Peugeot 'just add fuel and match' thing EFT.
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Quinnaay
84 posts
13 months
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VW Polo 1.2 Match 3dr £95.92 + Vat, 6 + 23, 5k pa
were is this deal mate? quite intrested.
Edit: seen someone ask.
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va1o
11,532 posts
76 months
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jonny70
615 posts
27 months
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va1o said: christ thats cheaper than getting the bus.
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soxboy
Original Poster
1,497 posts
88 months
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VW Tiguan 2.0 tdi sport 6+23 £189 plus vat, or Honda CRV 2.0 iVtec Se+ £179 + vat on same profile. Both with Freedom as per stoking Citroen C1 deal.
That s5 deal is fantastic too.
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billybob69
672 posts
14 months
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jonny70 said: christ thats cheaper than getting the bus. 2.2 k for 2 years motoring, I can think of a lot better things to be in than a 1 litre.
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CDP
4,551 posts
123 months
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billybob69 said: jonny70 said: christ thats cheaper than getting the bus. 2.2 k for 2 years motoring, I can think of a lot better things to be in than a 1 litre. Possible but with your shed you have to consider: MOT Tax Tyres (I can't imagine these will need replacing during the lease) Additional repairs and worn out items. Brakes, batteries and exhausts being prime contenders. Risk and cost of breakdowns OK, you can do all the work yourself but not everybody can or wants to. It is about as cheap as motoring gets without needing to crawl underneath stuff. Sheds can work out really well or they can be a money pit. It's a risk.
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JayTee94
10,974 posts
26 months
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va1o said: Damn! I may be interested in this - How much is the final payment/balloon payment? 
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Contigo
1,799 posts
78 months
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JayTee94 said: Damn! I may be interested in this - How much is the final payment/balloon payment? . It's a lease you just hand the car back at the time of the contract ending. The initial deposit rate are in the box next to the monthlies.
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