Best Lease Car Deals Available? (Vol 6)

[PenelopaPitstop]

Unless you drive the car like stolen, I doubt you will have to change tyres. You can check the thread and swap back to fronts, all depending on car model (quattro or not). So your only cost should be service.

I'm glad to read that prices are getting reasonable for extensions. Hopefully they will keep it this way until next year.

[foxrocks]

joel44w said:

Saw this pop up. Not so bad.

http://www.freedomcontracts.com/Volkswagen-Golf-Es...

VAG excess mileage is normally what, 10.8ppm? If so, working up to 10k/year means you'd have to set aside £45/mo for mileage, bringing the monthly amortised up to £386 which I think then works out at 26.5% of RRP if the £34,190 figure on Drivethedeal is correct. Ever so slightly cheaper than just going for the basic 10k profiles on there.

[mrmistoffelees]

Hi,

I'm looking for a cheapish lease deal at the moment and have seen the BMW 218i Active Tourer M Sport which comes in at 215/mo on a 3+23 from here: https://leasing.com/independent-brokers/jandr-leas... This seems to be pretty cheap using the oft quoted rule of thumb. BMW quote the OTR price as £28.4k, so:

(215 * 23) + 647.28 + 358.80 = 5951.08 = 247.96 amortised per month, which seems reasonable.

This to me seems to be around 21% of list price. Am I missing anything here?

Edited by mrmistoffelees on Wednesday 18th July 10:05

[squibby]

mrmistoffelees said:

Hi,

I'm looking for a cheapish lease deal at the moment and have seen the BMW 218i Active Tourer M Sport which comes in at 215/mo on a 3+23 from here: https://leasing.com/independent-brokers/jandr-leas... This seems to be pretty cheap using the oft quoted rule of thumb. BMW quote the OTR price as £28.4k, so:

(215 * 23) + 647.28 + 358.80 = 5951.08 = 247.96 amortised per month, which seems reasonable.

This to me seems to be around 21% of list price. Am I missing anything here?

Edited by mrmistoffelees on Wednesday 18th July 10:05

I've recently signed up for the 220i Active Tourer M Sport Auto with Gateway2Lease for £181.91 on a 9x23 (5000 miles) so:
(181.91 * 23) + 1637.19 + 180 = 6001.12 = 250.05 amortised per month

This is 19% list on this model (£32065) and with metallic paint, although to correctly work out the percentage of the deal it's best to work it out on a price from someone like carwow or drive the deal.

Still, not a bad price though

Edited by squibby on Wednesday 18th July 10:30

Edited by squibby on Wednesday 18th July 10:30

[greghm]

TomScrut said:

I suspect you will qualify to get a car at business rates where companies offer different rates for business, but you will still need to pay the VAT

Hello Tom, can you elaborate on this "car at business rates" ? I am curious as I have the same allowance, took a PCH and pay monthly incl VAT but never looked in to business rates.

[ChimpM4ster]

Guys is this a good deal?

https://leasing.com/independent-brokers/neva-direc...

BMW 4 Series Gran Coupe
420i M Sport 5dr Auto [Professional Media]
Rental Profile = 9+35
Annual Mileage = 10k Miles p/a
Initial Rental = £2,327.13
Additional Fees = £270.00

£258.57 Per Month, INC VAT

[The Voice]

ChimpM4ster said:

Guys is this a good deal?

https://leasing.com/independent-brokers/neva-direc...

BMW 4 Series Gran Coupe
420i M Sport 5dr Auto [Professional Media]
Rental Profile = 9+35
Annual Mileage = 10k Miles p/a
Initial Rental = £2,327.13
Additional Fees = £270.00

£258.57 Per Month, INC VAT

Sounds reasonable to me?

Total cost for 3 years is c.£11,662, so around £324 per month.

You might also need to factor in additional services & tyres with a 3 year / 30,000 miles deal...

[JaredVannett]

squibby said:

mrmistoffelees said:

Hi,

I'm looking for a cheapish lease deal at the moment and have seen the BMW 218i Active Tourer M Sport which comes in at 215/mo on a 3+23 from here: https://leasing.com/independent-brokers/jandr-leas... This seems to be pretty cheap using the oft quoted rule of thumb. BMW quote the OTR price as £28.4k, so:

(215 * 23) + 647.28 + 358.80 = 5951.08 = 247.96 amortised per month, which seems reasonable.

This to me seems to be around 21% of list price. Am I missing anything here?

Edited by mrmistoffelees on Wednesday 18th July 10:05

I've recently signed up for the 220i Active Tourer M Sport Auto with Gateway2Lease for £181.91 on a 9x23 (5000 miles) so:
(181.91 * 23) + 1637.19 + 180 = 6001.12 = 250.05 amortised per month

This is 19% list on this model (£32065) and with metallic paint, although to correctly work out the percentage of the deal it's best to work it out on a price from someone like carwow or drive the deal.

Still, not a bad price though

The best price from broadspeed for this tourer model comes in at £23, 534 (£4,556 discounted).

So using this instead of RRP makes the lease deal 25% against discounted list = Good Deal

AntiLochus said:

Snap! On my deal checker spreadsheet I have:

Deal as a % of RRP:
under 20% = Awesome Deal!
21 - 24% = Pretty Good (but not Awesome) Deal
25 - 29% = OKish Deal
over 30% = Poor Deal!

Indeed , worth noting I only look at 24mth deals.

[greghm]

I would add this :

Deal as a % of RRP:
under 20% = Awesome Deal! --> most probably a mistake
21 - 24% = Pretty Good (but not Awesome) Deal
25 - 29% = OKish Deal
over 30% = Poor Deal!

[Soprendo]

greghm said:

I would add this :

Deal as a % of RRP:
under 20% = Awesome Deal! --> most probably a mistake
21 - 24% = Pretty Good (but not Awesome) Deal
25 - 29% = OKish Deal
over 30% = Poor Deal!

Like it. I still can't quite get my head round how manufacturers can do deals around 20% of list price, given that over two years cars typically depreciate quite a bit more than that. I suppose the answer is probably based on the fact that they can minimise transaction costs by keeping the whole thing in house, make something off the finance, work off discounted values (and certainly not list prices), keeping manufacturing ticking over, pushing models that need a boost due to newness/age/whatever, and also keeping their forecourts supplied with attractive used cars too.

Not complaining, obviously, and I guess only the likes of us with the desire to seek them out get the best deals, while plenty of people probably pay well over the odds for their leases (not to mention PCP....).

[qwerty88]

Thoughts on this deal please? Anybody seen it cheaper elsewhere?

BMW 4 Series Coupe
440i M Sport 2dr Auto [Professional Media]

Rental Profile: 9+23
Annual Mileage: 8k Miles p/a

Initial Rental: £3,456.18
Additional Fees: £238.80
Monthly Rental: £384.02

Total Over Term: £12,527.44
Amortised per Month: £521.97

RRP: £48,845.00
Broadspeed Discounted Price: £39,242.00

% of RRP: 25%
% of Broadspeed Discounted Price: 32%

https://leasing.com/independent-brokers/pure-vehic...

[cheeky_chops]

claremont56 said:

Got the quote from VWFS for extending my A6 from 24 to 36 months. It reduces monthlies from £380 to £300. Mileage goes to 21k over 3 years, excess is 6p per mile. I'm at 13.5k miles after 23 months

Sounds better than BMW - Just for reference, we've just had some figures from Alphabet for extenson/purchase of the missus 435d

currently £350pm (plus 9x deposit) :
12 month extension - £450pm
3 month extension £554pm ffs!!!!!
Purchase £27000 - (its 435d convertible with a few options)


Re 3 months - they have quoted a "formal extension" - i was under the impression you get up to 3 months informal on current rate or are all contracts/funders different??

[rb5201]

Noz85 said:

Not sure why the link I posted earlier for the Karoq didn't work? They worked for me?

Anyway. Graham at Hub Leasing (who provided my current GTI deal) has come in cheapest with:

Karoq 1.6 TDI SE Tech DSG
3+23
£225.35/month inc VAT
10k pa
Excess mile charge 7.2ppm
no fee
non maintained
factory order
£244.13 amortised
24% of list there or there abouts

If I can't get a better quote I will be ordering this as at present, in this vehicle category I think this deal represents the best value for money due to the combination of build and cockpit quality, SE Tech spec level in the Karoq range, diesel instead of a 1.0 petrol and a DSG box.

This looks a good deal. May have to pop to skoda today or tomorrow and have a look close up at one. Not my ideal car but I'm becoming reigned to the fact I'd i want another lease car u have to be less fussy!
Though I prefer the new peaguot 3008 or 5008 but can't find them at this price( like the interiors most)

[Chiefbadger]

joel44w said:

Saw this pop up. Not so bad.

http://www.freedomcontracts.com/Volkswagen-Golf-Es...

That's pretty good - looks very similar to the last good batch of R Estate deals. I'd jump on one of those if anyone wants a quick estate. I'm a year in on mine and have no idea what I'm going to replace it with next year for similar money.

[loofer]

The Voice said:

Sounds reasonable to me?

Total cost for 3 years is c.£11,662, so around £324 per month.

You might also need to factor in additional services & tyres with a 3 year / 30,000 miles deal...

Marginally cheaper here https://leasing.com/independent-brokers/neva-direc...
In stock too if that helps
10k/pa
initial £1935 (6 months)
Fee £270
35 x £277.5

Total over 3 years £11,650 or £323.50/month amortised

I would've gone for it if it was the diesel

[Noz85]

rb5201 said:

Noz85 said:

Not sure why the link I posted earlier for the Karoq didn't work? They worked for me?

Anyway. Graham at Hub Leasing (who provided my current GTI deal) has come in cheapest with:

Karoq 1.6 TDI SE Tech DSG
3+23
£225.35/month inc VAT
10k pa
Excess mile charge 7.2ppm
no fee
non maintained
factory order
£244.13 amortised
24% of list there or there abouts

If I can't get a better quote I will be ordering this as at present, in this vehicle category I think this deal represents the best value for money due to the combination of build and cockpit quality, SE Tech spec level in the Karoq range, diesel instead of a 1.0 petrol and a DSG box.

This looks a good deal. May have to pop to skoda today or tomorrow and have a look close up at one. Not my ideal car but I'm becoming reigned to the fact I'd i want another lease car u have to be less fussy!
Though I prefer the new peaguot 3008 or 5008 but can't find them at this price( like the interiors most)

I'm going testing one out on Sunday with any luck.

This is basically what I'm after but obviously a different engine and gear box. The deal I've got would be £7.88 a month dearer (inc VAT) for white.

Example..

[ashleyman]

joel44w said:

Saw this pop up. Not so bad.

http://www.freedomcontracts.com/Volkswagen-Golf-Es...

Is this in stock or a factory order? VW aren't taking factory orders right now because of WLTP.

From another group:

You cannot currently place a factory order (either through a leasing company or dealer) for either a hatchback or estate Golf 7.5R. Orders will not be accepted by SLI and in fact orders will not be accepted until at least October (all going well). If a leasing company or VW dealer tells you otherwise, you are being lied to. I would go as far to say that leasing companies would be breaking their own code of conduct if they knowlingly accepted a deposit etc. in this scenario for a car if they knew it could not currently be ordered or delivered when they are aware it can't be. In particular, if you have signed-up for one recently though a leasing company (over last few weeks) I suggest you seriously consider cancelling your order whilst you still can without penalty. If anyone would like further info please feel free to PM me, cheers.

[JaredVannett]

qwerty88 said:

Thoughts on this deal please? Anybody seen it cheaper elsewhere?

BMW 4 Series Coupe
440i M Sport 2dr Auto [Professional Media]

Rental Profile: 9+23
Annual Mileage: 8k Miles p/a

Initial Rental: £3,456.18
Additional Fees: £238.80
Monthly Rental: £384.02

Total Over Term: £12,527.44
Amortised per Month: £521.97

RRP: £48,845.00
Broadspeed Discounted Price: £39,242.00

% of RRP: 25%
% of Broadspeed Discounted Price: 32%

https://leasing.com/independent-brokers/pure-vehic...

Seems one of the 'cheapest' deals on the 440i so far.


I found a 435d with professional media with x-drive if your willing to look at a diesel?

435d xDrive M Sport 2dr Auto [Professional Media]

Rental Profile: 9+23 @8k mi p/a
Initial Rental: £3150
Fees: £180
Monthly: £350
Total: £11380
Amortised: £474.16

Broadspeed price: £38,767 (£10,218 discounted)

% of Broadspeed Discounted Price: 29%


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


Other 4-Series deals can be found here:https://docs.zoho.com/file/0any6f9e2a4deff28481699...

Edited by JaredVannett on Wednesday 18th July 15:15

[AntiLochus]

ashleyman said:

joel44w said:

Saw this pop up. Not so bad.

http://www.freedomcontracts.com/Volkswagen-Golf-Es...

Is this in stock or a factory order? VW aren't taking factory orders right now because of WLTP.

From another group:

You cannot currently place a factory order (either through a leasing company or dealer) for either a hatchback or estate Golf 7.5R. Orders will not be accepted by SLI and in fact orders will not be accepted until at least October (all going well). If a leasing company or VW dealer tells you otherwise, you are being lied to. I would go as far to say that leasing companies would be breaking their own code of conduct if they knowlingly accepted a deposit etc. in this scenario for a car if they knew it could not currently be ordered or delivered when they are aware it can't be. In particular, if you have signed-up for one recently though a leasing company (over last few weeks) I suggest you seriously consider cancelling your order whilst you still can without penalty. If anyone would like further info please feel free to PM me, cheers.

Looks like a factory order:

[Xxharr]

BCA just picked up my wifes Mercedes B250e. Zero charge.

Was surprised as there was a deep scratch thru to metal on drivers door, 1 Alloy wheels fairly badly kerbed and another 2 kerbed.

Impressed.