VW Up GTI - will it be cheap to lease?

[MOBB]

I quite fancy one of these, getting a bit tired of porky cars that you cant thrash without going way too fast for the roads. Fancy a change back to the good old days!

A sub £200 per month Up GTI would do me nicely - realistic?

[ikonic]

I actually asked the same question in the leasing thread a while ago as they do look like great little motors.

Unfortunately I doubt they will be due to I expect strong demand and limited production capacity. I can’t imagine they’ll be that profitable for VW that they’d start giving massive support on lease deals.

They might even make some sense to buy rather than lease if they follow the path of the Lupo GTI...

[nickfrog]

I would consider the forthcoming Suzuki Swift Sport if the Up! doesn't work out. Not sure it will be any cheaper but at 970kgs, it may be an interesting car.

[johnwilliams77]

MOBB said:

I quite fancy one of these, getting a bit tired of porky cars that you cant thrash without going way too fast for the roads. Fancy a change back to the good old days!

A sub £200 per month Up GTI would do me nicely - realistic?

I would hope so since I got a golf for less than that.

[Jonesy1972]

I currently run a 75bhp Street Up and love it. The handling is superb, much fun on the twistys. Keeping a close eye on Up GTI pricing, as I imagine it will be a hoot. Had 2 Lupo GTi’s in the past and loved them. Talk of the Up being north of £15k for a boggo spec, does not float my boat on pcp, so I really hope there are pch deals to be had; I live in hope anyway!

[nickfrog]

johnwilliams77 said:

I would hope so since I got a golf for less than that.

I don't think you can get a Golf GTI for less than £200/month amortised. Sadly !

[johnwilliams77]

nickfrog said:

I don't think you can get a Golf GTI for less than £200/month amortised. Sadly !

You can
I have one as I previously mentioned

[Dimebars]

johnwilliams77 said:

You can
I have one as I previously mentioned

You "could"

The deals recently have been nowhere near as good

[nickfrog]

johnwilliams77 said:

nickfrog said:

I don't think you can get a Golf GTI for less than £200/month amortised. Sadly !

You can
I have one as I previously mentioned

You can't, sadly. The cheapest deal is £311/month amortised for 8k miles in a 3-dr, but again, your £200 may not be amortised so the difference might not be that big in reality.

Edited by nickfrog on Wednesday 6th December 14:31

[daydotz]

can even buy the up GTi yet

[ajprice]

https://www.autocar.co.uk/car-news/new-cars/2018-v...

List price announced as £13,750 for the 3 door and £14,150 for the 5 door. Now that's confirmed, how long before lease prices come out?

[Jonesy1972]

Soon I hope! Think VW have priced it about right, only about £900 more than a well specified High Up! I think. Will be interesting to see if it gets any support from VW as a new model on PCH.

[ikonic]

Jonesy1972 said:

Soon I hope! Think VW have priced it about right, only about £900 more than a well specified High Up! I think. Will be interesting to see if it gets any support from VW as a new model on PCH.

I’d be pretty surprised if it did get much PCH support tbh.

They’ve priced it really well I think to the point that demand will be very high even without major support.

Hope i’m wrong though! Would love to have one as a runaround for a bargain lease price!

[Dimebars]

Low volume initially and high demand expected

There won't be 'decent' leases available for a while I fear

[Dave Hedgehog]

Dimebars said:

Low volume initially and high demand expected

There won't be 'decent' leases available for a while I fear

no discounts, but its a low cost car that should have a high residual due to demand so leases should still be sensible