Best Lease Car Deals Available? (Vol 6)

[darrenham]

I'm 6 months from the end of my first lease on an Octavia vRS DSG and have had the letter telling me to go and see them to get a deal for the next car.

Is this good advice or should I be looking elsewhere? I got my Octavia on last minute-ish deal before the refresh, but hoping not to leave this quite as long.

[PenelopaPitstop]

It's standard letter to convince you to take another VWFS product ;-)

[Blown2CV]

darrenham said:

I'm 6 months from the end of my first lease on an Octavia vRS DSG and have had the letter telling me to go and see them to get a deal for the next car.

Is this good advice or should I be looking elsewhere? I got my Octavia on last minute-ish deal before the refresh, but hoping not to leave this quite as long.

it's the opposite of good advice! Come back to here for your next deal!

[jageanke]

Gdcuk said:

Only caveat to this is if you need to demonstrate lower outgoings (e.g for a mortgage application during the lease term) in which case a higher initial and lower monthlies works out better.

True, but if £100 or so a month (for example) is going to affect your mortgage application to the point of it being rejected, you probably have bigger things to worry about! Not to mention that a lot of applications consider your current account balance anyway, so the lump sum you'd still have in your pocket (instead of putting up-front) would offset some loss of score from higher monthly outgoings.

[9300]

Cfboys said:

Bmw 520i M sport auto
From affinity leasing 12 month pcp
Price now £240 (was 220 until a week ago)
750 initial payment. Another 400 of fees.
Totals £4K over 12 months

Thoughts please?

You first asked about this deal ages ago. The deals are only available to certain people so if you can get one then jump at the chance. The figure you gave works out cheaper than £4,000 £240 x 12 + £750 = £3,630. You aren’t going to get this car any cheaper than that. Although you’re not going to get one by just saying ‘ocado’ when they ask for the code to allow you access to their special deals.

[darrenham]

Blown2CV said:

darrenham said:

I'm 6 months from the end of my first lease on an Octavia vRS DSG and have had the letter telling me to go and see them to get a deal for the next car.

Is this good advice or should I be looking elsewhere? I got my Octavia on last minute-ish deal before the refresh, but hoping not to leave this quite as long.

it's the opposite of good advice! Come back to here for your next deal!

Cheers both, How long should I leave it?

[Blown2CV]

darrenham said:

Blown2CV said:

darrenham said:

I'm 6 months from the end of my first lease on an Octavia vRS DSG and have had the letter telling me to go and see them to get a deal for the next car.

Is this good advice or should I be looking elsewhere? I got my Octavia on last minute-ish deal before the refresh, but hoping not to leave this quite as long.

it's the opposite of good advice! Come back to here for your next deal!

Cheers both, How long should I leave it?

about now really. 3-6 months is fairly typical lead time for decent lease deals as they tend to be more factory order.

[kbf1981]

Econpro1 said:

Econpro1 said:

loofer said:

Econpro1 said:

Shame it’s VIP qualifing only

12 month deal... must be a hefty deposit?

VIP terms which are based on 9+12. The deals available are crazy cheap but now and again get opened outside VIP criteria.

Here’s a better idea of pricing options on the bigger GLS and the S63 AMG coupe

Edited by Econpro1 on Wednesday 11th July 17:01

How do you get on that S63 offer? I'd be well over that

[Catflap2]

claremont56 said:

VWFS told me they’re doing 6 month informal extensions at the moment, just a short term measure whilst they deal with a big backlog of delayed orders on new cars.

Might have to ring them again then, if true this would suit me perfectly.

Currently paying £164 a month (6+23) on my L&K Yeti, have just been quoted OVER £500 a month for a 6 month formal extension!!! Currently about a month through a 3 month informal extension at the same rate.

Also got told this evening it’s replacement has gone from a 12 week delivery (which tied in perfect with the Yeti going back) to a 22 week delivery

It’s not another VW group vehicle so I wouldn’t benefit from their informal extension beyond the 3 months but if they would do 6 months.....

Let’s see what they say...

[darrenham]

Blown2CV said:

about now really. 3-6 months is fairly typical lead time for decent lease deals as they tend to be more factory order.

Lahvley.

Well I'm after something similarish to my Octavia - bit of poke, enough size for weekends away with a kid and wife (Estate would be nice but Octavia hatch has been fine), probably petrol but ultimately not fussed.

My deal was 2 years amortised at £280 pcm for 12,000 miles, don't really want to go above that, but will go for longer.

[Cfboys]

[quote=beeej]

My thoughts are that PCP finance packages don't belong in a lease thread... thanks [/quote
]

Honest question - there is of course the option to simply hand back the vehicle after 12 months. So in practice, how different is it to a pch deal?

[Cfboys]

9300 said:

You first asked about this deal ages ago. The deals are only available to certain people so if you can get one then jump at the chance. The figure you gave works out cheaper than £4,000 £240 x 12 + £750 = £3,630. You aren’t going to get this car any cheaper than that. Although you’re not going to get one by just saying ‘ocado’ when they ask for the code to allow you access to their special deals.

Plus the fees. £216 admin. £99 added to first payment. And £125 when the car is picked up at the end of the 12 months.

My brother just got a Honda civic thru them. He works elsewhere. It’s possible.

[adam14581]

Catflap2 said:

claremont56 said:

VWFS told me they’re doing 6 month informal extensions at the moment, just a short term measure whilst they deal with a big backlog of delayed orders on new cars.

Might have to ring them again then, if true this would suit me perfectly.

Currently paying £164 a month (6+23) on my L&K Yeti, have just been quoted OVER £500 a month for a 6 month formal extension!!! Currently about a month through a 3 month informal extension at the same rate.

Also got told this evening it’s replacement has gone from a 12 week delivery (which tied in perfect with the Yeti going back) to a 22 week delivery

It’s not another VW group vehicle so I wouldn’t benefit from their informal extension beyond the 3 months but if they would do 6 months.....

Let’s see what they say...

6 months informal extension if your next vehicle is VWFS.

[numtumfutunch]

Another 530d Touring, this time from Leasehub and a factory order too which suits me unlike the E220 AMG Wagon I posted earlier which were stock cars and condemned as having bonkers excess mileage charges although they looked amazing to me if you pushed the slider to give you decent latitude

Anyway for comparison I'll list my current soon to be expired 335d Touring deal which at the time I thought was good and now the road tax rules have changed anything over 40k comes with an approx 30 quid a month Brucey Bonus

https://leasing.com/independent-brokers/leasehub/b...

2 year total costs for 8000 miles:

My soon to be departed 335d - £9570
The 530d in the attached link - £10227
The controversial E220 AMG line for 10k miles just in case- £8207

So 6 cylinders of loveliness sipping the Devil's fuel under the bonnet of the Ultimate Driving Machine versus 2G's in my pocket over the term scratching my grandfather itch from Stuttgart. Its honestly a tough call however as Grandad we love you is stock cars and the UDM would drop right into my Kumquat Zone means I shall probably stay within the Bavarian haus. That and whenever Ive tried to test drive a Merc I have failed means they can fk right off

Cheers

[williamp]

Is this a good deal??

https://leasing.com/independent-brokers/rgw-vehicl...

£150k dwn, £50k per month. But it is a tdi afterall!

[battsy17]

225 said:

I was set on an R estate or equivalent but nothing came up so went to look at best value deals on anything interesting. I think that is the key as no way would I have thought of leasing a Volvo v90 but the deal I got on a D5 R design was 17 % of list over 2 years so jumped in.

Unless you have your heat set on an R I would just look at the daily deals.

Are these the V90 deals that have been and gone? I can find decent value on the current D4 R Design (V90 and S90) offers but certainly not for the D5.

[Yoghurt Rifle]

Re extending your lease- I tried to do this with Ford (ALD Automotive) and got a definite no (they do however allow an informal extension up to 3 months at a daily rate).

As it happens I've ordered a new car and will return the Ford a few months early, but I would have been interested in keeping the current one for another year were it an option.

So is the option to extend unique to certain finance companies (a few seem to have mentioned extensions with VWFS)? Interested to hear people's experiences with this.

Cheers!

[jimsco]

Yoghurt Rifle said:

So is the option to extend unique to certain finance companies (a few seem to have mentioned extensions with VWFS)? Interested to hear people's experiences with this.

Mercedes finance happy to extend mine for up to a year. I understand from other posts that the monthlies are usually similar but were much higher for me.

Edited by jimsco on Friday 13th July 09:30

[beeej]

Cfboys said:

Honest question - there is of course the option to simply hand back the vehicle after 12 months. So in practice, how different is it to a pch deal?

It would help if you separate those issues. You can generally hand back anything in life, but there's always some sort of cost.

PCP is a car mortgage, you're servicing the credit with interest payments, and you believe you own the car.
PCH is to rent a car which isn't yours, for a fixed term, without a loan.

[Clyde_05]

I've got the service, maintenance and tyre package from VWFS (£15 p/m for my S4 based on 5k annual miles). It definitely doesn't cover punctures - ask them to send over the T&C have a read and go from there.