Best Lease Car Deals Available? (Vol 7)
Discussion
keystodabimma said:
I can confirm that VWFS DO NOT extend warranty with formal or informal extensions.
I rang them today to get another 6 month formal extension on my lease and I popped the question about warranty extension when extending lease contract. He said nope that would need to be done via dealership/driverline and would have to pay.
Quashes all these ‘apparently’ and ‘i’ve heard’ statements from some people on here.
Not sure you're all really discussing the same topic, we started with 'do 4 year leases come with 4 year warranties' through 'are lease extensions available' to 'does extending an existing lease also extend the warranty'. I rang them today to get another 6 month formal extension on my lease and I popped the question about warranty extension when extending lease contract. He said nope that would need to be done via dealership/driverline and would have to pay.
Quashes all these ‘apparently’ and ‘i’ve heard’ statements from some people on here.
Don't think we're any closer to clarifying what happens in year 4 of a regular unextended 4 year lease. I certainly don't know!
bogwoppit said:
Not sure you're all really discussing the same topic, we started with 'do 4 year leases come with 4 year warranties' through 'are lease extensions available' to 'does extending an existing lease also extend the warranty'.
Don't think we're any closer to clarifying what happens in year 4 of a regular unextended 4 year lease. I certainly don't know!
OK LISTEN, whoever is trying to figure out about 4 year warranty, PLEASE READ, thank you. Don't think we're any closer to clarifying what happens in year 4 of a regular unextended 4 year lease. I certainly don't know!
Generally cars come with 3 year warranties, and so do most leases, HOWEVER the warranty will only cover 12k per annum so by the end of the 3 years you car will only be covered for 36k miles, (if you do 40k in the third year and something goes wrong you WILL NOT be covered by the warranty, it is your job to make sure that your car has an extended warranty for the extra 4k miles that you've done just in case of a fault), after this you will have to call the manufacturer or 3rd party company (lease) to get an extension, these cost between 300 to 500 pounds a year, and depend on the condition and mileage of the car, to my understanding I don't think you can get an unlimited amount of warranties, as you'd have to pay more money because the car is more likely to get in need of repair and will end up costing you and the company more money than what the car is actually worth.
So if your car has around 90k mileage after around 5 years, the manufacturer may only offer 1 year extra warranty.
If the clutch has failed then that WOULD NOT be covered by the warranty as the clutch plate is a wear and tear item than can be replaced, also things such as door seals wont be covered as this is something that perishes overtime
GENERALLY you will only be offered 1-3 years extended warranty.
IN REGARDS to what happens in year 4 or more, than its quite obvious that you'll be paying if anything goes wrong with the car, so the extra 300 quid for the last year/s of the lease is worth it
GENERALLY the car/lease company would call you and ask if you would like an extension.
ONLY KIA have a 7 YEAR warranty, and TOYOTA have a 5 YEAR warranty, so to my knowledge leasing a car for even 5/7 years wouldn't make the car come out of warranty by year 3 per se
I don't know if I'm answering the question or not but seems like it hasn't been figured out yet. Hope this helps.
Here is a link to where i got my information. https://www.osv.ltd.uk/warranty-on-a-lease-car/
Edited by Raihan on Wednesday 1st May 00:15
Raihan said:
OK LISTEN, whoever is trying to figure out about 4 year warranty, PLEASE READ, thank you.
Generally cars come with 3 year warranties, and so do most leases, HOWEVER the warranty will only cover 12k per annum so by the end of the 3 years you car will only be covered for 36k miles, (if you do 40k in the third year and something goes wrong you WILL NOT be covered by the warranty, it is your job to make sure that your car has an extended warranty for the extra 4k miles that you've done just in case of a fault), after this you will have to call the manufacturer or 3rd party company (lease) to get an extension, these cost between 300 to 500 pounds a year, and depend on the condition and mileage of the car, to my understanding I don't think you can get an unlimited amount of warranties, as you'd have to pay more money because the car is more likely to get in need of repair and will end up costing you and the company more money than what the car is actually worth.
So if your car has around 90k mileage after around 5 years, the manufacturer may only offer 1 year extra warranty.
If the clutch has failed then that WOULD NOT be covered by the warranty as the clutch plate is a wear and tear item than can be replaced, also things such as door seals wont be covered as this is something that perishes overtime
GENERALLY you will only be offered 1-3 years extended warranty.
IN REGARDS to what happens in year 4 or more, than its quite obvious that you'll be paying if anything goes wrong with the car, so the extra 300 quid for the last year/s of the lease is worth it
GENERALLY the car/lease company would call you and ask if you would like an extension.
ONLY KIA have a 7 YEAR warranty, and TOYOTA have a 5 YEAR warranty, so to my knowledge leasing a car for even 5/7 years wouldn't make the car come out of warranty by year 3 per se
I don't know if I'm answering the question or not but seems like it hasn't been figured out yet. Hope this helps.
Here is a link to where i got my information. https://www.osv.ltd.uk/warranty-on-a-lease-car/
OK a couple of things:Generally cars come with 3 year warranties, and so do most leases, HOWEVER the warranty will only cover 12k per annum so by the end of the 3 years you car will only be covered for 36k miles, (if you do 40k in the third year and something goes wrong you WILL NOT be covered by the warranty, it is your job to make sure that your car has an extended warranty for the extra 4k miles that you've done just in case of a fault), after this you will have to call the manufacturer or 3rd party company (lease) to get an extension, these cost between 300 to 500 pounds a year, and depend on the condition and mileage of the car, to my understanding I don't think you can get an unlimited amount of warranties, as you'd have to pay more money because the car is more likely to get in need of repair and will end up costing you and the company more money than what the car is actually worth.
So if your car has around 90k mileage after around 5 years, the manufacturer may only offer 1 year extra warranty.
If the clutch has failed then that WOULD NOT be covered by the warranty as the clutch plate is a wear and tear item than can be replaced, also things such as door seals wont be covered as this is something that perishes overtime
GENERALLY you will only be offered 1-3 years extended warranty.
IN REGARDS to what happens in year 4 or more, than its quite obvious that you'll be paying if anything goes wrong with the car, so the extra 300 quid for the last year/s of the lease is worth it
GENERALLY the car/lease company would call you and ask if you would like an extension.
ONLY KIA have a 7 YEAR warranty, and TOYOTA have a 5 YEAR warranty, so to my knowledge leasing a car for even 5/7 years wouldn't make the car come out of warranty by year 3 per se
I don't know if I'm answering the question or not but seems like it hasn't been figured out yet. Hope this helps.
Here is a link to where i got my information. https://www.osv.ltd.uk/warranty-on-a-lease-car/
Edited by Raihan on Wednesday 1st May 00:15
1. Warranties are not limited to the mileage allowance in a lease, those are two completely separate concepts. e.g. a mercedes warranty is unlimited mileage, a Nissan is 60k, so your first paragraph is not correct (the page you linked even refers to these examples)
2. We are not discussing 'generally what happens is...' or whether extended warranties are a thing, the specific claim was about a particular marque, and the legal basis of the contract vs a warranty
The lease is a contract between the finance company and the individual, whereas the warranty is a guarantee offered by the manufacturer - maybe to the finance company, maybe to the consumer. The grey area is whether the lease contract requires the finance company to provide you with the use of a working car, regardless of whether the finance company is able to make the manufacturer bear the cost of it. Now an 'extended warranty' on the other hand is a contract between the individual and the company offering the warranty, and is not a warranty (a guarantee) at all - it is an insurance product and may not even be provided by either the manufacturer or the finance company. Just because you are able to buy insurance doesn't affect your legal rights.
What makes me most unsure is that the lease agreement (at least the VWFS one I have) is quite onerous, it requires you to hand the car back in good working condition, and if it doesn't at any point they can demand the full remaining rental AND the car AND costs to repair it. If the reason why the car isn't working is not your fault then transferring all of the risk of their car failing onto you without them needing to even provide you with either a car or halt your rental payments would seem to be an unfair contract which you could challenge in court. Another finance company may well have different terms that might be fair.
Fun thought experiment anyway.
Pulse00 said:
TomScrut said:
Don't say stuff like that on HUKD, some people will think you are all that is wrong with the world! 
It's none of the neighbour's business either way; winding up HUKD does sound like fun though so BRB! bogwoppit said:
Don't think we're any closer to clarifying what happens in year 4 of a regular unextended 4 year lease. I certainly don't know!
I've always worked on the assumption that you would be responsible for repairs after normal warranty runs out. Unless you have it in writing, I would throw caution to the wind otherwise!vodkamartini1 said:
Raihan said:
ONLY KIA have a 7 YEAR warranty
Don’t forget Ferrari’s offering - three year/unlimited mileage factory warranty and a seven-year free maintenance package. Pretty decent. Burwood said:
vodkamartini1 said:
Raihan said:
ONLY KIA have a 7 YEAR warranty
Don’t forget Ferrari’s offering - three year/unlimited mileage factory warranty and a seven-year free maintenance package. Pretty decent. Immortalisation said:
I don’t know if this is any good but I’ve just seen a Mercedes S Class S350D Saloon Long AMG Line Auto for £550 per month on a 9+47 and 5k miles per annnum. Company is Vantage Leasing
Seems ok, cheapest i found on leasing.com was 590 per month but that's with 8k per annum,5k per annum seems quite less for that type of car, unless your living in london and arent going anywhere.
What do you mean by "Long"?
Raihan said:
Immortalisation said:
I don’t know if this is any good but I’ve just seen a Mercedes S Class S350D Saloon Long AMG Line Auto for £550 per month on a 9+47 and 5k miles per annnum. Company is Vantage Leasing
Seems ok, cheapest i found on leasing.com was 590 per month but that's with 8k per annum,5k per annum seems quite less for that type of car, unless your living in london and arent going anywhere.
What do you mean by "Long"?
jagldn said:
Mercedes E300 Amg Line Cabrio Premium Plus 3 + 23 available at £458 on leasing.com.
Just grabbed one in black the with 20” alloys for a little extra.
About 6-7 cars left in black, white and grey. Around the 24-25% mark dependent on paint selected, I haven’t seen better for top spec.
that sounds like a great deal if its premium plus, have you got link? Just grabbed one in black the with 20” alloys for a little extra.
About 6-7 cars left in black, white and grey. Around the 24-25% mark dependent on paint selected, I haven’t seen better for top spec.
Edited by jagldn on Tuesday 30th April 06:14
saaby93 said:
Zooom said:
I’ve always thought the same but it feels slightly legally dubious to me. Has anyone actually been caught out and had to pay for repairs on a lease car in year 4/5 etc?
Anyone?If I remember correctly, the argument was that under the sale of goods act, if it didn’t work throughout the contract period (I.e. 2 years) then the networks had not provided a phone that was fit for purpose.
Don’t shoot me as no idea whether this would stand up in the case of a car lease but food for thought.
Immortalisation said:
Raihan said:
Immortalisation said:
I don’t know if this is any good but I’ve just seen a Mercedes S Class S350D Saloon Long AMG Line Auto for £550 per month on a 9+47 and 5k miles per annnum. Company is Vantage Leasing
Seems ok, cheapest i found on leasing.com was 590 per month but that's with 8k per annum,5k per annum seems quite less for that type of car, unless your living in london and arent going anywhere.
What do you mean by "Long"?
1911OutrageOuS said:
jagldn said:
Mercedes E300 Amg Line Cabrio Premium Plus 3 + 23 available at £458 on leasing.com.
Just grabbed one in black the with 20” alloys for a little extra.
About 6-7 cars left in black, white and grey. Around the 24-25% mark dependent on paint selected, I haven’t seen better for top spec.
that sounds like a great deal if its premium plus, have you got link? Just grabbed one in black the with 20” alloys for a little extra.
About 6-7 cars left in black, white and grey. Around the 24-25% mark dependent on paint selected, I haven’t seen better for top spec.
Edited by jagldn on Tuesday 30th April 06:14
Never really considered a cabrio though... is it really just a "hairdresser" car?
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