Best Lease Car Deals Available? (Vol 6)

[foreverfalling]

Interested to hear the most anyone has paid BCA on return of their lease car?

Mine has damage on the bumper that's pretty bad and on the door..

[Oddy69]

Hi guys,

Long time lurker first time poster.

Is this deal any good?

Honda Civic 5 Door 1.0T VTEC SR CVT

£195 on a 3 + 23 (8k miles)

Metallic paint is £2 month extra & in-stock deal

https://www.carleasing-online.co.uk/honda-civic-ha...

[tredman]

What's people's thoughts on taking out a new lease this side of WLPT in beginning of September? Would it be better to wait to see what deals come out after the testing has started to take place? First time leasing so just trying to get my head around it all, don't really want to have to wait until January for a new car if I can help it. Looking for 7 seats, ideally VW Touran or Skoda Kodiaq. Thanks.

[Fiestasteve]

foreverfalling said:

Interested to hear the most anyone has paid BCA on return of their lease car?

Mine has damage on the bumper that's pretty bad and on the door..

Bca just assess the damage and it’s the finance company that charge you. BCA Fool came out the other day to my Octavia vrs. Measured a small dent on bumper as 11mm (acceptable limit is 10mm) and misclassified it as paint damaged needing respray £138 plus vat. I laughed in his face and told him he didn’t have a clue what he was doing. All he said was he puts down what he sees and the computer calculates it.
He put down all 4 wheels (should have been 3) 2 of the smallest windscreen chips you will see not in drivers line and another scratch and “the computer” quoted £410 including vat. I refused to sign and he left with his tail between his legs. This was 2 weeks ago and no paperwork from vwfs yet with charges. All prepared to dispute them especially the dent which should be £38 plus vat. Should be total £195 inc vat. I hear vwfs are quite amenable to a bit of haggling.

[anonymous-user]

Oddy69 said:

Hi guys,

Long time lurker first time poster.

Is this deal any good?

Honda Civic 5 Door 1.0T VTEC SR CVT

£195 on a 3 + 23 (8k miles)

Metallic paint is £2 month extra & in-stock deal

https://www.carleasing-online.co.uk/honda-civic-ha...

I like it. Not long ago the SE was the same price and I believe the SR is the next model up. Not sure about the CVT auto but meh it's a lease!

"SR models come with a few extra features over SE and S versions, including Apple CarPlay and Android Auto smartphone mirroring, satellite navigation, a reversing camera, a leather-trimmed steering wheel, tinted rear windows and 17-inch alloy wheels. Also standard are automatic emergency braking, traffic sign recognition, active cruise control, lane-departure warning and a seven-inch touchscreen infotainment system."

[numtumfutunch]

Longsider said:

I've just signed up for the V90 Cross Country T5 via Santander. https://www.santanderconsumer.co.uk/123contracthir...

18month deal
£359p/m
no deposit
10k miles p/a (15k in total)
Free metallic paint
Delivery expected in October

The Volvo website configurator has the car at c.£45k so seems a decent deal.

Edited by Longsider on Wednesday 18th July 18:19

I would definitely have a piece of that if I was a Santander customer

Hmmmm, but the kids are..............

[Witchfinder]

numtumfutunch said:

I would definitely have a piece of that if I was a Santander customer

Hmmmm, but the kids are..............

I already have a Santander mortgage. I'm going to phone them today and see about getting a 123 Lite account and what the other terms are. The offers are too good to miss.

[happeemonkee]

TomScrut said:

BMW for example offer cars cheaper to business, but might let a personal lease happen at that rate if the person has a car allowance IIRC. It has been spoken about on here before.

BMW will now match the business lease price deals for Personal.

It's just a case off adding vat. Previously it was higher due to lower residual values from personal leases compared to business. Well thats what the BMW business manager told me.

[thewallboy]

Witchfinder said:

numtumfutunch said:

I would definitely have a piece of that if I was a Santander customer

Hmmmm, but the kids are..............

I already have a Santander mortgage. I'm going to phone them today and see about getting a 123 Lite account and what the other terms are. The offers are too good to miss.

I am signing up for an XC60 today through Santander. While we do have a 123 joint account (not once have I been asked to prove it), they have happily taken my other bank details for payment purposes. I'm not convinced you need a 123 account.

[Noel1983]

numtumfutunch said:

I would definitely have a piece of that if I was a Santander customer

Hmmmm, but the kids are..............

Wow those Santander deals look decent. Xc60 £399 with no initial payment seems good at 10k 18 month deal.

You can get a Santander account for £1/ month on their low level one so not a big deal even if not a current customer

[Oddy69]

Pappyjohn said:

Oddy69 said:

Hi guys,

Long time lurker first time poster.

Is this deal any good?

Honda Civic 5 Door 1.0T VTEC SR CVT

£195 on a 3 + 23 (8k miles)

Metallic paint is £2 month extra & in-stock deal

https://www.carleasing-online.co.uk/honda-civic-ha...

I like it. Not long ago the SE was the same price and I believe the SR is the next model up. Not sure about the CVT auto but meh it's a lease!

"SR models come with a few extra features over SE and S versions, including Apple CarPlay and Android Auto smartphone mirroring, satellite navigation, a reversing camera, a leather-trimmed steering wheel, tinted rear windows and 17-inch alloy wheels. Also standard are automatic emergency braking, traffic sign recognition, active cruise control, lane-departure warning and a seven-inch touchscreen infotainment system."

If u don't mind me asking what's wrong with the CVT auto? Im looking to FTK on this one

Edited by Oddy69 on Thursday 19th July 09:30

[Sheepshanks]

RW-ztxpb said:

My business partner had his Xj collected a couple of weeks ago with paper work handed to him to confirm proof of service was present, Now we’ve had a bill emailed yesterday with a £250 charge for no service history. This was also through lex.

That's a bit weird as surely these days the Jag history would be available to print out..

I do think companies used to leasing to business's just try it on - the firm I worked was routinely paying £3-500 on every car that went back without quibble. They just regarded it as part of the deal. Brother worked for another firm and they were the same.

[darrenham]

Oddy69 said:

If u don't mind me asking what's wrong with the CVT auto? Im looking to FTK on this one

Edited by Oddy69 on Thursday 19th July 09:30

I've never driven one, but I'd certainly want to try one before I committed to a lease.

They basically don't use separate gears and used coneshaped ones so there is no shifting needed, physics manages your gear ratio for you.

[greghm]

happeemonkee said:

BMW will now match the business lease price deals for Personal.

It's just a case off adding vat. Previously it was higher due to lower residual values from personal leases compared to business. Well thats what the BMW business manager told me.

and @tomscruts

That is interesting. Does that mean asking a BMW dealership on the PCH deals they have for business? Because most of the deals on BMW will be through a broker first.

[Witchfinder]

Noel1983 said:

Wow those Santander deals look decent. Xc60 £399 with no initial payment seems good at 10k 18 month deal.

You can get a Santander account for £1/ month on their low level one so not a big deal even if not a current customer

Yeah, I just applied for a "Lite" account and got accepted. All you have to do is have a couple of direct debits, and take the account fee (a quid a month) into consideration. You have to pay in at least £500 a month, but I'll just set any car payments and my Santander mortgage to go out of that account, and then transfer the money in each month.

The Momentum T5 lists at £40k with metallic paint at 400 a month, it works out at 24% of list over two years, which makes it a "good" deal by the metrics.

[Manners2001]

Has anybody seen any good deals on either a VW Touareg, Volvo XC90, Audi Q7 or BMW X5 recently? Looking at 250bhp + and with 'decent' (i.e. not base) specs with some optioneering.

The wife's daily Touareg (which is what looks to now be a dirt cheap £410/month) goes back in March next year and am starting to look.

Anything over £550/month and I think we'll just go out and buy one as the man maths just doesn't add up....

[ilikejam]

Soprendo said:

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....).

I would disagree with your thresholds if using the RRP.

I'd say 18%-22%ish is a decent deal depending on the make/model/spec.
Under 18% is where the really awesome deals kick in and they've not been that uncommon really.

Last 3 deals I've had over 2 years:

V90 R Design, May 2018 - 16.4%
Pug 5008 GT Line, Nov 2017- 18.6%
Audi A4 Avant Sport, June 2016 - 16.9%

[PHuzzy]

greghm said:

and @tomscruts

That is interesting. Does that mean asking a BMW dealership on the PCH deals they have for business? Because most of the deals on BMW will be through a broker first.

No, a lot of the BMW deals by Alphabet (BMWs finance arm) stipulate you must have either a personal car allowance or be a director of a company/business.
That's it, you won't get deals any cheaper or any other magical thing, it just gives you access to deals that not everyone can get.

[tredman]

ilikejam said:

I would disagree with your thresholds if using the RRP.

I'd say 18%-22%ish is a decent deal depending on the make/model/spec.
Under 18% is where the really awesome deals kick in and they've not been that uncommon really.

Last 3 deals I've had over 2 years:

V90 R Design, May 2018 - 16.4%
Pug 5008 GT Line, Nov 2017- 18.6%
Audi A4 Avant Sport, June 2016 - 16.9%

Where did you get these? Were they the full amortised price over the 2 years?

[ashleyman]

martmitch83 said:

ashleyman said:

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.

Would it be possible to link me to this group/message: I'm possibly in the situation mentioned and want to run it past the leasing company to see what their response is... TIA

It was on a VW owners club page on Facebook. I can't find it now but there were a few people all with the same information.