Best Lease Car Deals Available? (Vol 3)

[Gareth1974]

ikonic said:

We went for red because we thought the press cars looked good. How about yours?

Yeah, I think your father will be very pleased when it arrives. I though it'd be comically slow with the DSG box and a 1.2 TSI engine but its actually quite nippy day to day. Done a few long motorway runs in it and its a very comfy cruiser too.

He went for grey, keen to see what it looks like, haven't seen one in Monte Carlo spec on the road yet. Glad it feels nippy, it's quite a large car for that power engine, suspect the DSG helps by having more gears than a manual model.

[karenlw79]

anybody seen any good deals on a nice 7 seater? (only MPV I like is Smax) I have seen a deal with Vanarama on the Smax that seems good but still undecided (own a 58 plate SMax and never leased before)

[RSTurboPaul]

Gareth1974 said:

RSTurboPaul said:

That seems very cheap - what was the mileage / Spec / etc? (Got a link? lol)

8k mileage, it was the Simpsons deal (£159 + 23 x £159 but no longer on their website), but All Electric Birmingham beat it, that was a couple of months ago and they were struggling to source a car back then, so I imagine you're a bit too late for that deal now.

Ah, fair enough, thank you for posting the info I think that must have been before I started paying attention to this thread, which is annoying because I quite like them!

[JQ]

EvilGazebo said:

Robsm said:

Merc E200 Coupe AMG Line Edition

9 + 24 @ 185.99inc
5k Miles

https://www.selectcarleasing.co.uk/car-leasing/mer...

Seems like a lot of car for the money! Only downside is that its petrol but if you're only doing the 5kpa the lesser economy doesn't mean much.

Oh and thanks Robsm for posting this. My mispriced 208 GTi has to back end of Jan so this arrived at almost exactly the right time. A slightly more relaxed commuter

I'm surprised more people didn't jump all over this one - £6,000 over 2 years for a £38,000 car, equating to 15.75% of RRP. That's cheaper than the GOLF R deals.

Of well, sent off for a quote on Friday and it transpires the deal was for stock cars and they've all gone.

[dave_s13]

Procrastination has cost me it seems. Simpsons quotes for superbs have gone up by 30-40 per month since 22nd Nov.

True to form my existing car knows I've been thinking about selling it so has promptly snapped its bonnet release cable. I was going give it an oil service.... Grrrrr. I've got it booked in next week for that sorting so also going to get the timing belt done, a once over then keep it for another 3-6months and keep an eye out on here.

TL:DR
If you see something that looks good value, just buy it!

[karenlw79]

Hi - I know I have read that a good deal is indicated by costing less than 30% of RRP over 2yrs - I have seen a 3yr deal that works out at 34% over the 3yrs - is there a percentage that is valid to 3yrs please???

[Beefmeister]

Emeye said:

Had an email from Central Uk Vehicle Leasing earlier: Some look pretty good with the low initial.

Apologies for the formatting, I just cut and paste.

[e-mail]


Volkswagen GTD Estate 2.0 185ps 5dr Man NAV
Metallic

• IN STOCK**

£229.99 + vat per month


Contract Type
BCH
PCH
Manufacture
VW
Contract Length
24 months
24 Months
Fuel Type
Diesel
Miles per annum
10,000
10,000
Gearbox
Manual
Initial Rental
£229.99 +vat
£275.99 inc vat
Body Type Hatchback
23 Months @
£229.99 + vat
£275.99 inc vat
No of Doors
5
Admin Fee
£150 + vat
£180 inc vat
MPG
62.8

Vehicle Specifications
Additional Information
Discover navigation + European map data
Bluetooth
Winter Pack - Inc Heated Seats
DAB Digital radio
18" Nogaro alloy wheels
Metallic Paint

AUTO (DSG) Only - £249.99 + Vat

Oof, GTD DSG Estate for £300/m on a 1+23. Anyone know what the delivery time is being quoted as for these?

[Beefmeister]

Beefmeister said:

Oof, GTD DSG Estate for £300/m on a 1+23. Anyone know what the delivery time is being quoted as for these?

Checked, they're in stock. 2-3wk delivery

[wemorgan]

karenlw79 said:

Hi - I know I have read that a good deal is indicated by costing less than 30% of RRP over 2yrs - I have seen a 3yr deal that works out at 34% over the 3yrs - is there a percentage that is valid to 3yrs please???

It's <25% over 2 yrs that's good. 20% is very good. All @ 10k/yr.
Therefore about 35% is good and 30% very good over 3yrs / 30k.

[talksthetorque]

karenlw79 said:

Hi - I know I have read that a good deal is indicated by costing less than 30% of RRP over 2yrs - I have seen a 3yr deal that works out at 34% over the 3yrs - is there a percentage that is valid to 3yrs please???

It's not a hard and fast rule. Just something someone on here commented on and a few agreed and said they do the same thing.
If it's a small economical car it may only lose 34% over 3 years and 5000pa if you bought it at a good discount.
If it's a big Citroen or a Maserati then 34% is a steal. If that's the sort of car you want.
I tend to look at how much better a car I can get for the same money to see if something is a good deal.
You can pay 7.5k over two years for a 1.6 focus diesel if you want a specific trim level that's not got financial support from the manufacturer.
But you could find yourself in a Golf R or an E class.

[Hitch]

To feel comfortable with the % rule you've got to believe that the list price is not absolute bullst in the first place.

I use the % comparison but I prefer to compare it to what it would probably cost me to buy and run the car over the same period - both new and nearly new. Apples and oranges some will say but at least you then know it is the cheapest way into that car.

[MaxSo]

talksthetorque said:

It's not a hard and fast rule. Just something someone on here commented on and a few agreed and said they do the same thing.
If it's a small economical car it may only lose 34% over 3 years and 5000pa if you bought it at a good discount.
If it's a big Citroen or a Maserati then 34% is a steal. If that's the sort of car you want.
I tend to look at how much better a car I can get for the same money to see if something is a good deal.
You can pay 7.5k over two years for a 1.6 focus diesel if you want a specific trim level that's not got financial support from the manufacturer.
But you could find yourself in a Golf R or an E class.

It might be boring and not very PH, but when it comes down to considering costs and comparing deals it also worth considering the total cost of 'ownership' over the lease period, or ideally cost per mile - i.e. taking into account all costs, which are pretty much fixed with a lease. So:

- Upfront payment
- Broker fee (if applicable)
- Monthlies
- Excess mileage charge
- Insurance
- Gap insurance
- Service costs
- Tyres (if applicable)
- Fuel based on likely real average mpg


If you go though all this you might find something better that seems more expensive based simply on the lease cost could actually work out to be comparable to something which is on the face of it is cheaper. Clearly if you do higher mileage the primary factor is going to be fuel so as long as you aren't averse to diesel then a benefit with leasing is there is less to worry about in terms of DPF issues etc.

For example, doing 15k miles in an average petrol car doing say 40mpg would cost an extra £40-45 a month to fuel over a 55mpg diesel. So its important to factor all costs in when comparing deals in my opinion.

Eg. a 1.4TSI VAG car at £200 pcm can't directly be compared to a 2.0TDI VAG as the TDI could potentially cost £1000 or so less to fuel over the course of a 24 month, 30k miles lease.

[5678]

Gareth1974 said:

My Dad is waiting delivery of a Yeti Monte Carlo, the best 2 year deal he could get was £159 + 23 x £145 (£3494) - just under 17% of list.

Who was that from?

[5678]

Gareth1974 said:

ikonic said:

Gareth1974 said:

5678 said:

ikonic said:

5678 said:

Makes sense, thanks.

The deal on the 1.4TSI L&K seems pretty good. Around £5200 for the term. I'd have liked the Montecarlo and DSG, but beggars can't be choosers.

Incidentally our Monte Carlo on cheap lease arrived 3 weeks ago ordered via CVL. The supplying dealer was Ridgeway if that helps at all.

Have to say, I've been massively impressed with it. So much car for the money and all family and friends who initially scoffed when I said we were picking up a Skoda as a family barge have been very inpressed by the quality and comfort.

It does feel a bit daft having a flat bottomed steering wheel in a Yeti though.....

Let me know the details of your deal? It'll give me reference!

The MC looks nicer, but the spec level is a lot lower.

My Dad is waiting delivery of a Yeti Monte Carlo, the best 2 year deal he could get was £159 + 23 x £145 (£3494) - just under 17% of list.

Ours was

£1,800 deposit.
23 x £82.99
8,000 miles
Total: £3,708
All including vat.

Ours includes the black roof which contrary to what the press reviews tell you, is actually a £300 option.

I don't think you can get Monte Carlos anymore, they're out of production. We initially ordered a non-black roofed one (which would have been £72 a month I think) but got a call to say they'd stop production. They had the one we got eventually already en route so we settled for it. (i'm glad we did as it does look smarter with a black roof).

Re: spec, I think they're quite well specced for what they are. Aside from heated seats and Nav, i don't think there's anything major they're missing is there?

Which colour did you go for? I thought it was good that metallic paint was thrown in too.

These make the current deal seem a bit pricey... £2490 initial rental and then 23 payments of £119 per month 1.4tsi 4x4 L&K with metallic paint. I make that £5227.

[karenlw79]

talksthetorque said:

It's not a hard and fast rule. Just something someone on here commented on and a few agreed and said they do the same thing.
If it's a small economical car it may only lose 34% over 3 years and 5000pa if you bought it at a good discount.
If it's a big Citroen or a Maserati then 34% is a steal. If that's the sort of car you want.
I tend to look at how much better a car I can get for the same money to see if something is a good deal.
You can pay 7.5k over two years for a 1.6 focus diesel if you want a specific trim level that's not got financial support from the manufacturer.
But you could find yourself in a Golf R or an E class.

It was a Ford Smax Titanium 2.0 TDCI inc Met Paint with 10k miles per year

Edited by karenlw79 on Monday 28th November 20:41

[clived]

Beefmeister said:

Beefmeister said:

Oof, GTD DSG Estate for £300/m on a 1+23. Anyone know what the delivery time is being quoted as for these?

Checked, they're in stock. 2-3wk delivery

No sign of that on their website - all gone already I wonder (or I need to be looking not from my mobile phone!)

[SlimPollack]

Merp said:

Photos?
I've not seen one on the road in the UK, plenty of R-Line in Austria/Germany recently.
Bit disappointing about the DRL/LED, but I wouldnt pay the extra for them either!

Pics already posted here after delivery, but here we go again:

Edited by SlimPollack on Monday 28th November 21:23

[davamer23]

dave_s13 said:

Procrastination has cost me it seems. Simpsons quotes for superbs have gone up by 30-40 per month since 22nd Nov.

True to form my existing car knows I've been thinking about selling it so has promptly snapped its bonnet release cable. I was going give it an oil service.... Grrrrr. I've got it booked in next week for that sorting so also going to get the timing belt done, a once over then keep it for another 3-6months and keep an eye out on here.

TL:DR
If you see something that looks good value, just buy it!

Try Horton Skoda

[Blainemono]

Anyone knows when it is going to be possible to order a new BMW 5 series? Coming in march...

[RSTurboPaul]

MaxSo said:

talksthetorque said:

It's not a hard and fast rule. Just something someone on here commented on and a few agreed and said they do the same thing.
If it's a small economical car it may only lose 34% over 3 years and 5000pa if you bought it at a good discount.
If it's a big Citroen or a Maserati then 34% is a steal. If that's the sort of car you want.
I tend to look at how much better a car I can get for the same money to see if something is a good deal.
You can pay 7.5k over two years for a 1.6 focus diesel if you want a specific trim level that's not got financial support from the manufacturer.
But you could find yourself in a Golf R or an E class.

It might be boring and not very PH, but when it comes down to considering costs and comparing deals it also worth considering the total cost of 'ownership' over the lease period, or ideally cost per mile - i.e. taking into account all costs, which are pretty much fixed with a lease. So:

- Upfront payment
- Broker fee (if applicable)
- Monthlies
- Excess mileage charge
- Insurance
- Gap insurance
- Service costs
- Tyres (if applicable)
- Fuel based on likely real average mpg


If you go though all this you might find something better that seems more expensive based simply on the lease cost could actually work out to be comparable to something which is on the face of it is cheaper. Clearly if you do higher mileage the primary factor is going to be fuel so as long as you aren't averse to diesel then a benefit with leasing is there is less to worry about in terms of DPF issues etc.

For example, doing 15k miles in an average petrol car doing say 40mpg would cost an extra £40-45 a month to fuel over a 55mpg diesel. So its important to factor all costs in when comparing deals in my opinion.

Eg. a 1.4TSI VAG car at £200 pcm can't directly be compared to a 2.0TDI VAG as the TDI could potentially cost £1000 or so less to fuel over the course of a 24 month, 30k miles lease.

Thanks very much for this, it's really useful for us leasing noobs.

To ask a dumb question that I'm sure has been asked before in the 1000+ posts of these lease deal threads, what happens about insurance?

If one is already insured on something else, using one's No Claims Bonus/Discount, does that mean that one has to effectively insure a £10/20/30/40/50k lease car with a new policy with zero NCB? (And buy Gap Insurance as well?)

Wouldn't that be horrendously expensive?!