Best lease car deals available?
Discussion
juice said:
Is this any good ? Not sure how it compares to previous deals though...
http://www.freedomcontracts.com/Peugeot-208-1.6-TH...
That's the one I was thinking of. Reluctant to go for it knowing that they were so much cheaper a couple of months ago but then theres no point waiting and waiting I suppose. Thankshttp://www.freedomcontracts.com/Peugeot-208-1.6-TH...
talksthetorque said:
Not in the same league as the pug deal, but came through this morning
http://www.bluechillicars.com/personal-contract-hi...
That is a decent deal, thanks for that. Think I am leaning towards the Polo over anything else, reckon it will be easier to live with day to day and the performance figures for all of these mini hot hatches are pretty much on par with each other.http://www.bluechillicars.com/personal-contract-hi...
soxboy said:
TomEP said:
Took plunge and ordered touraeg escape for the missus. £2400 deposit, £287 month. 8k miles pa. Through CVL.
Is that inc Vat?I've just been looking at the 'Freedom' T&Cs. I'm now confused.
"I/We fully understand that the terms and conditions set out below are subject to revision due to either, (a)"Freedom Vehicle Contracts Limited" being unable to obtain the above vehicle at the figure upon which their quotation has been based, or (b) there being an increase in funding and/or manufacturing price increase/charges which are beyond "Freedom Vehicle Contracts Limited" control. In this instance I/We shall have the option to cancel and any monies paid will be refunded (This excludes any processing fees and holding fees which are non refundable.) Freedom Vehicle Contracts Limited is a Broker not a lender, and is regulated and authorised by the Financial Conduct Authority, we have access to a panel of creditors, and therefore we can introduce customers to a limited number of finance providers who may pay us for that introduction. A minimal non-refundable processing fee is charged for all vehicle orders placed."
So the "minimal non-refundable processing fee" can't be the £240 admin fee, shirley?
"I/we understand that where credit/debit card details, either company/third party or personal are supplied I/we agree that any fees due may be taken without further correspondence."
Say what now?
And yes I have asked the company to clarify.
"I/We fully understand that the terms and conditions set out below are subject to revision due to either, (a)"Freedom Vehicle Contracts Limited" being unable to obtain the above vehicle at the figure upon which their quotation has been based, or (b) there being an increase in funding and/or manufacturing price increase/charges which are beyond "Freedom Vehicle Contracts Limited" control. In this instance I/We shall have the option to cancel and any monies paid will be refunded (This excludes any processing fees and holding fees which are non refundable.) Freedom Vehicle Contracts Limited is a Broker not a lender, and is regulated and authorised by the Financial Conduct Authority, we have access to a panel of creditors, and therefore we can introduce customers to a limited number of finance providers who may pay us for that introduction. A minimal non-refundable processing fee is charged for all vehicle orders placed."
So the "minimal non-refundable processing fee" can't be the £240 admin fee, shirley?
"I/we understand that where credit/debit card details, either company/third party or personal are supplied I/we agree that any fees due may be taken without further correspondence."
Say what now?
And yes I have asked the company to clarify.
Yeah, I get that and don't even object to paying the £240 for this particular deal as Freedom are MUCH cheaper than anywhere else. However, I take issue with the fact that this £240 is theirs regardless of outcome. What is to stop a company lure folk in with cheap deals, get them to pay an admin fee then say "Oh, the car is now going to be £100 per month", do you still want the car? If you don't we keep your £xxx for the privilege of ripping you off.
MrOnTheRopes said:
Golf R have been available for at least a month below £300 inc (6+23 8k).. And one of the posts above suggests they're even less now.
Thanks, I have followed up a few of these but didn't hear back - maybe they weren't real, maybe someone beat me to it. I'll keep looking. JeS10 said:
Yeah, I get that and don't even object to paying the £240 for this particular deal as Freedom are MUCH cheaper than anywhere else. However, I take issue with the fact that this £240 is theirs regardless of outcome. What is to stop a company lure folk in with cheap deals, get them to pay an admin fee then say "Oh, the car is now going to be £100 per month", do you still want the car? If you don't we keep your £xxx for the privilege of ripping you off.
You do not have to pay the £240 before you know exactly how much the initial payment will be,the monthly payments,your order is confirmed,order placed with the dealer and then you pay the £240.Ah, see as I understand it I pay my admin fee, and sign the vehicle order form that stipulates the initial payment and the payments per month. However, judging by the terms and conditions, it looks like they're saying if the car actually turns out being more expensive than what is written in my agreement (such as they couldn't secure it from the source that they had the initial quote on) then I can cancel BUT will lose my admin fee. Is this correct?
JeS10 said:
Ah, see as I understand it I pay my admin fee, and sign the vehicle order form that stipulates the initial payment and the payments per month. However, judging by the terms and conditions, it looks like they're saying if the car actually turns out being more expensive than what is written in my agreement (such as they couldn't secure it from the source that they had the initial quote on) then I can cancel BUT will lose my admin fee. Is this correct?
All leasing companies are authorised by the FCA which is basically the financial police.I know a couple of people that work for the FCA and if there was any wrong doing or scams by a leasing company they would lose their licence to lease cars.The lease company will find out the actual cost of the vehicle before you pay the admin fee and I would get them to confirm by E-mail that the figures will not increase.Pay the Admin fee with a credit card and if for some reason the price does go up you can cancel and the credit card company will get back your money if the lease company do not return it.
I think that the bit in the terns and conditions are regarding the leasing deals they advertise on their websites are not guaranteed and may do up.
Do not assume that Freedom are the cheapest as the deals are changing virtually every day.
What are peoples experiences of returning a lease vehicle re: damage?
I got the guide to fair ware and tare thing with mine. At the moment there's a couple of scratches to the alloys which I expect will be most costly to repair and a couple of small car park dings caused by inconsiderate w
kers.
I was going to wait until close to the end of the lease period and weigh up the cost of repair. A good mate who has leased various cars reckons it's not worth sourcing the repairs yourself as when someone but a good dent in a previous lease cars door, he had it independently repaired. But when the assessor came out at the end of the lease he picked up it had been repaired (and not very well in his opinion) so was charged a reasonable fee.
I've always figured on any where up to £500 when getting into the world of leasing.
Would be good to hear other peoples experiences, don't mind fixing any damage during my ownership but don't want to effectively have to pay twice like my mate. My contract is with VW if it makes any difference.
I got the guide to fair ware and tare thing with mine. At the moment there's a couple of scratches to the alloys which I expect will be most costly to repair and a couple of small car park dings caused by inconsiderate w
kers.I was going to wait until close to the end of the lease period and weigh up the cost of repair. A good mate who has leased various cars reckons it's not worth sourcing the repairs yourself as when someone but a good dent in a previous lease cars door, he had it independently repaired. But when the assessor came out at the end of the lease he picked up it had been repaired (and not very well in his opinion) so was charged a reasonable fee.
I've always figured on any where up to £500 when getting into the world of leasing.
Would be good to hear other peoples experiences, don't mind fixing any damage during my ownership but don't want to effectively have to pay twice like my mate. My contract is with VW if it makes any difference.
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