Best Lease Car Deals Available? (Vol 7)

[stevieboy11]

Been a while since I lurked - hope you can help

Coming up on a year since I got my Volvo V90 (Registration date 30/06/18) on a 24 month contract through Santander

I'm due my first service and understand that I can go up to four weeks past the registration date for this. My question is, if say I get it serviced second week of July, does the service indicator then prompt me for a service one year after that? In other words, I would have handed the car back before the second service was due, or will I be expected to service it again before its returned on 30/06/20?

I appreciate this may have been asked a million times already, but any advice gratefully received

Thanks

[CK369]

ilikejam said:

Thought this looked half decent in the grand scheme of things.

SEAT Cupra Ateca 2.0 TSI 5dr DSG 4Drive (the picture is of a Leon ST though...)

6+23, 8k p/a
£1836 initial
£306/month inc VAT.
£0 fees

Total £8874

https://www.whatcar.com/car-leasing/deals/personal...

An absolute steal for someone. Shame I don't need delivery until Sept. ;__;

[imdeman87]

Highlife said:

Morning all,

Hope you can offer a little help for a newbie to the forum and a likely first time outing in the world of PCH.

Further to Imdeman87's recent post I have agreed a deal in principle on the following:

Peugeot 508 Fastback GT Line 1.6L PureTech 180 EAT8 S&S
15,000 miles pa
£1100 upfront and then 23 x £300pm (all incl VAT) so £8,000 incl over the 2 year term.

Appreciate that it is much more than Imdeman87 was due to pay (£5772) but this is the best I could find on decent car at high mileage.

Can anyone tell me if this is a good one or not?

Appreciate any assistance

OP here...based on your mileage and the car itself/spec, I think it's a good deal and can't see anything similar out there.

One thing to potentially look into, is going for 5k pa instead and paying the excess mileage at the end. I think with the 508 deal, excess mileage is 11.4ppm inct VAT. Now, assuming un-tiered rates of excess mileage, an extra 20k miles would cost you £2280 at the end of the contract. So you would pay around £5800 (for the lease - 10k miles) plus the £2280 at the end - approx. £80 more over the term. I know circumstances with jobs/relationships/finance/health etc. can change, so this may be a better option. Plus you could offset the extra £80 over the term by putting the 'savings' you make on the monthlies in a high interest rate current account.

Other than that, I still think it's a good deal regardless of what mileage term you choose.

On a side note, the car has KITT-like lights from Knight Rider, which was the deciding factor on FTK.

Video of lights: https://youtu.be/h5ikn1vUq-U?t=118

[ilikejam]

stevieboy11 said:

Been a while since I lurked - hope you can help

Coming up on a year since I got my Volvo V90 (Registration date 30/06/18) on a 24 month contract through Santander

I'm due my first service and understand that I can go up to four weeks past the registration date for this. My question is, if say I get it serviced second week of July, does the service indicator then prompt me for a service one year after that? In other words, I would have handed the car back before the second service was due, or will I be expected to service it again before its returned on 30/06/20?

I appreciate this may have been asked a million times already, but any advice gratefully received

Thanks

I called the local dealer about this. Got my first year service due next week, but the service indicator came on in March and it's been saying "overdue" for the past 3 weeks. When they do the service they will reset the indicator for 1 year from the service date, so you should be fine depending how long beforehand the reminders start popping up. On my last lease (Audi) the BCA inspector just checked the in-car service record which said 'not due' and that was it.

The 2nd service is something like £450 so I was planning on handing the car back a couple of months early as well!

[S5Scot]

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

[Charlie_Brown]

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

[S5Scot]

Charlie_Brown said:

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

Ideal, wondering if I can get delivery pushed to start July.

[Charlie_Brown]

S5Scot said:

Charlie_Brown said:

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

Ideal, wondering if I can get delivery pushed to start July.

Hah had the same question- they say they have to register them by 30Jun, which means tax and MOT will be due by 30Jun2022 even if they deliver them early Jul

[S5Scot]

Charlie_Brown said:

Hah had the same question- they say they have to register them by 30Jun, which means tax and MOT will be due by 30Jun2022 even if they deliver them early Jul

My car isn't due to be handed back until 1st August so that is slightly frustrating...

[Richard-51tz1]

imdeman87 said:

OP here...based on your mileage and the car itself/spec, I think it's a good deal and can't see anything similar out there.

One thing to potentially look into, is going for 5k pa instead and paying the excess mileage at the end. I think with the 508 deal, excess mileage is 11.4ppm inct VAT. Now, assuming un-tiered rates of excess mileage, an extra 20k miles would cost you £2280 at the end of the contract. So you would pay around £5800 (for the lease - 10k miles) plus the £2280 at the end - approx. £80 more over the term. I know circumstances with jobs/relationships/finance/health etc. can change, so this may be a better option. Plus you could offset the extra £80 over the term by putting the 'savings' you make on the monthlies in a high interest rate current account.

Other than that, I still think it's a good deal regardless of what mileage term you choose.

On a side note, the car has KITT-like lights from Knight Rider, which was the deciding factor on FTK.

Video of lights: https://youtu.be/h5ikn1vUq-U?t=118

I've had ordered a VW Passat on the GT deal but seeing those lights and that video may have swung it! Even though it's an extra £50 a month.

[Cpb1702]

Digital Dash comes as standard now?

Charlie_Brown said:

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

[S5Scot]

Cpb1702 said:

There were only 2 cars, both now away.

[Charlie_Brown]

Cpb1702 said:

Digital Dash comes as standard now?

Charlie_Brown said:

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

As far as I understand yes - those are(were) 19.5MY which has cockpit as standard

[Cpb1702]

I’ve ordered one a 3plus23 rather than 35. £40 a month more. Standard car in black. Supposed to be stock but not clear when it arrives which baffles me if it is sat somewhere. Hope it’s all legit!

What do you get with premium?

Charlie_Brown said:

Cpb1702 said:

Digital Dash comes as standard now?

Charlie_Brown said:

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

As far as I understand yes - those are(were) 19.5MY which has cockpit as standard

[Charlie_Brown]

Cpb1702 said:

I’ve ordered one a 3plus23 rather than 35. £40 a month more. Standard car in black. Supposed to be stock but not clear when it arrives which baffles me if it is sat somewhere. Hope it’s all legit!

What do you get with premium?

Charlie_Brown said:

Cpb1702 said:

Digital Dash comes as standard now?

Charlie_Brown said:

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

As far as I understand yes - those are(were) 19.5MY which has cockpit as standard

Who did you order through? I believe they mist be from the same stock, meaning can be delivered asap...

Premium includes mainly Command Online, full electric seats with memory, 360 cameras, multibeam led- other things are very minor

So what was your monthly rent for your spec?

[S5Scot]

Charlie_Brown said:

Who did you order through? I believe they mist be from the same stock, meaning can be delivered asap...

Premium includes mainly Command Online, full electric seats with memory, 360 cameras, multibeam led- other things are very minor

So what was your monthly rent for your spec?

Lookers only had two so if anyone knows if there were other funders offering similar, I am most interested.

[Mo28]

S5Scot said:

Lookers only had two so if anyone knows if there were other funders offering similar, I am most interested.

If you go on leasing.com there are several companies that are still offering E300/ E300 Premium and E350 Premium Plus'

[Cpb1702]

Base 300 Coupe AMG in Black Metallic. 3plus23 10k miles £385 a month it was £350ish on a 3plus35.

Charlie_Brown said:

Cpb1702 said:

I’ve ordered one a 3plus23 rather than 35. £40 a month more. Standard car in black. Supposed to be stock but not clear when it arrives which baffles me if it is sat somewhere. Hope it’s all legit!

What do you get with premium?

Charlie_Brown said:

Cpb1702 said:

Digital Dash comes as standard now?

Charlie_Brown said:

S5Scot said:

https://leasing.com/main-dealers/lookers-mercedes-...

Anyone seen that as it looks good value, something too good to be true?

That is believable- I accepted similar one (premium pack but fewer miles). As far as I understand finance companies need to order certain number of cars from MB by end of Q2 hence these decent deals on stock cars

As far as I understand yes - those are(were) 19.5MY which has cockpit as standard

Who did you order through? I believe they mist be from the same stock, meaning can be delivered asap...

Premium includes mainly Command Online, full electric seats with memory, 360 cameras, multibeam led- other things are very minor

So what was your monthly rent for your spec?

[Charlie_Brown]

Mo28 said:

S5Scot said:

Lookers only had two so if anyone knows if there were other funders offering similar, I am most interested.

If you go on leasing.com there are several companies that are still offering E300/ E300 Premium and E350 Premium Plus'

This one looks decent?

https://leasing.com/independent-brokers/jg-leasing...

[P-Jay]

I've been offered by my local dealer (White Dove Cardiff)

Leon ST FR 150 1.5TSI

1+35 @ £270 a month, 10k per annum.

I'm coming out of a Company Car and can't touch my savings at the moment so can't do much in the way of a deposit.

Sounds okay to me? (Kangaroo notwithstanding).

I'd like the FR Sport model with or without the 190 TSI engine, but I'm told the engine has been discontinued and Sports are very rare.

I'd love to know if that's a good deal, I've never leased before, never 'bought' a new car before and haven't bought a car at all in years.