Leasing ALWAYS makes sense...
Discussion
No??
Unlike anything else in life I don't see the sense in 'owning' your car- is there any point in having someone you own by the time it potentially becomes a money pit? The ideal garage for me is a modern car for everyday use and a classic car for fun days (and a nice classic is clearly the car you want to own).
An Audi Allroad can be had for £250ish pounds a month (£300ish if you count initial payment) for 2 years- isn't any other similar car going to cost the same or more to buy?
Unlike anything else in life I don't see the sense in 'owning' your car- is there any point in having someone you own by the time it potentially becomes a money pit? The ideal garage for me is a modern car for everyday use and a classic car for fun days (and a nice classic is clearly the car you want to own).
An Audi Allroad can be had for £250ish pounds a month (£300ish if you count initial payment) for 2 years- isn't any other similar car going to cost the same or more to buy?
If I was going to buy that brand new all road it would depreciate an awful lot more. I've also looked at the older shape but they depreciate so slowly that they don't make sense- a sky high mileage 7 year old Allroad for £10-£12k is really pricey when you compare it to the "shiny" new lease car. A fairly complicated 7 year old car could throw a big bill thereby negating any potential savings.
Its extremely clear that you do pay for the convenience of owning a new car- is £250 -£300 a month worth paying for complete peace of mind? I guess it depends what you priorities and value in life!
Its extremely clear that you do pay for the convenience of owning a new car- is £250 -£300 a month worth paying for complete peace of mind? I guess it depends what you priorities and value in life!
None of the responses so far are wrong- some people (in fact quite possibly the majority) will lease a car to willywave. I own a 10 year old Octavia Scout, it treats me well- but I am about to enter a job where it may rightly or wrongly may be perceived as me not doing well.
It does look a bit shedy and has served me well but arriving at a clients house or office block with it would just look odd- hey I don't **need** an Allroad, it was just an example showing how relatively affordable a £35k can be obtained.
It may be expensive but compared to what people spend money on it aint that bad- if you go on holiday to the US for say 2 weeks it may cost you £3-4k+ all in. Sure its nice (hell I've done it) but that to me is heavy depreciation. For the same price, you've had your lease car 1 year... And there will be many more examples...
It works for some people- and not for others. Depends what you use your motor for I guess.
It does look a bit shedy and has served me well but arriving at a clients house or office block with it would just look odd- hey I don't **need** an Allroad, it was just an example showing how relatively affordable a £35k can be obtained.
It may be expensive but compared to what people spend money on it aint that bad- if you go on holiday to the US for say 2 weeks it may cost you £3-4k+ all in. Sure its nice (hell I've done it) but that to me is heavy depreciation. For the same price, you've had your lease car 1 year... And there will be many more examples...
It works for some people- and not for others. Depends what you use your motor for I guess.
So many different points on here- clearly my title wasn't meant literally... I knew the title would attract lots of comments...
It doesn't always make sense but keep the miles relatively low and if you're in the market for a brand new daily it certainly makes a lot sense. There's so much stress in this life and paying a premium to not worry about your everyday transport is a price worth paying in my opinion.... I have no mechanical know how which can make owing an older car tricky.
As I said earlier on my Skoda is 10 years old, currently treats me very well but who knows how long for? Maybe another year, or two , or five minutes? Leasing enables you to keep things predictable.... And this is key here, for some people if not I would imagine the majority of the population...
It doesn't always make sense but keep the miles relatively low and if you're in the market for a brand new daily it certainly makes a lot sense. There's so much stress in this life and paying a premium to not worry about your everyday transport is a price worth paying in my opinion.... I have no mechanical know how which can make owing an older car tricky.
As I said earlier on my Skoda is 10 years old, currently treats me very well but who knows how long for? Maybe another year, or two , or five minutes? Leasing enables you to keep things predictable.... And this is key here, for some people if not I would imagine the majority of the population...
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