The Holy Grail
Discussion
As you will probably see from my posts, im still getting to grips with the whole leasing over PCP thing.
Im pretty much there I think, but just wanted to confirm the following ;
The Holy Grail ive heard is 25% of list price on a car yeah, so for example, if im looking at a 30 grand car, the 25% of that is 7.5k, and this is ideally what I want to be looking at over a 24 month lease?
Also, adding options is at a cost to the person leasing, so in an ideal world, I would choose a car that's prerty much perfect spec, around about the figures above and im onto a winner?
Finally, whats the main reasoning behind these occasional super deals, is it because the new model is out soon, so deals can be had on the outgoing stock, or because its a brand new model to a brand and they just want to get more out on the roads to improve popularity?
The Alfa 4c deal was a good one by the looks, but surely they dont struggle to sell them, so just wondering how they come about, is it a certain time of year or what?
Curiosity mainly, though im also on the lookout for my first lease after several years of pcps
Im pretty much there I think, but just wanted to confirm the following ;
The Holy Grail ive heard is 25% of list price on a car yeah, so for example, if im looking at a 30 grand car, the 25% of that is 7.5k, and this is ideally what I want to be looking at over a 24 month lease?
Also, adding options is at a cost to the person leasing, so in an ideal world, I would choose a car that's prerty much perfect spec, around about the figures above and im onto a winner?
Finally, whats the main reasoning behind these occasional super deals, is it because the new model is out soon, so deals can be had on the outgoing stock, or because its a brand new model to a brand and they just want to get more out on the roads to improve popularity?
The Alfa 4c deal was a good one by the looks, but surely they dont struggle to sell them, so just wondering how they come about, is it a certain time of year or what?
Curiosity mainly, though im also on the lookout for my first lease after several years of pcps
There is no easy way to explain why deals happen. But most common reasons can be a) over-supply/poor sales numbers by a dealer or group, b) manufacturer wants to sell more - quickly (I.e quarter or year end), c) a bulk deal by a broker or lender. I'd say most "super deals" fit those reasons.
That's why, if you want something specific you may find they are high cost in comparison to one of the above.
Best thing to do, is have a car-type in mind. Be ready to pounce on a deal as soon as it surfaces!
Good luck!
That's why, if you want something specific you may find they are high cost in comparison to one of the above.
Best thing to do, is have a car-type in mind. Be ready to pounce on a deal as soon as it surfaces!
Good luck!
Phleaser said:
There is no easy way to explain why deals happen. But most common reasons can be a) over-supply/poor sales numbers by a dealer or group, b) manufacturer wants to sell more - quickly (I.e quarter or year end), c) a bulk deal by a broker or lender. I'd say most "super deals" fit those reasons.
That's why, if you want something specific you may find they are high cost in comparison to one of the above.
Best thing to do, is have a car-type in mind. Be ready to pounce on a deal as soon as it surfaces!
Good luck!
Thanks mate That's why, if you want something specific you may find they are high cost in comparison to one of the above.
Best thing to do, is have a car-type in mind. Be ready to pounce on a deal as soon as it surfaces!
Good luck!
truck71 said:
Dealer targets drive the offers due to manufacturer bonus payable. Some dealers have a business model that relies purely on achieving this, these dealers will be quoting the brokers.
As for the 24mth lease holy grail, 25% is a bare minimum to aim for - 20% is a great deal.
Ah OK, thanks. I guess I will be governed by whatever crops up over the next few months, a nice golf r dsg would be lovely As for the 24mth lease holy grail, 25% is a bare minimum to aim for - 20% is a great deal.
i have another lease query hoping someone can help with;
As ive always PCP'd, ive ordered my new car in advance through the same company, then if its on time or not, it doesn't matter when my current car is handed back, but im guessing with leasing this is different, so does it have to be handed back on a set date, i.e 24 months from the delivery date exactly, or just within a few weeks either side of that date?
Just thinking if I sign up to a 2 year lease deal shortly, for arguments sake ends 10th april 2019, and the new lease deal after that ive signed up for is delayed and not ready until june 2019, where does that leave me?
surely this happens a lot, so can you have a very short extension, i.e 4 weeks, or is it fixed at like 6 or 12 months?
If no extension at all, would I be in the realms of hiring a car during that waiting period?!
As ive always PCP'd, ive ordered my new car in advance through the same company, then if its on time or not, it doesn't matter when my current car is handed back, but im guessing with leasing this is different, so does it have to be handed back on a set date, i.e 24 months from the delivery date exactly, or just within a few weeks either side of that date?
Just thinking if I sign up to a 2 year lease deal shortly, for arguments sake ends 10th april 2019, and the new lease deal after that ive signed up for is delayed and not ready until june 2019, where does that leave me?
surely this happens a lot, so can you have a very short extension, i.e 4 weeks, or is it fixed at like 6 or 12 months?
If no extension at all, would I be in the realms of hiring a car during that waiting period?!
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