Purchase car at the end of the lease?

[MBD7]

My 2017 SKODA KODIAQ EDITION 1.4TSI 150 DSG  3 year lease is due to end in June 2020.


I have asked for a quote with the possibility of purchasing the car in March 2020 and they have advised it would cost £22,200

Mileage: 20,000

Colour - QUARTZ GREY
Leathers - BEIGE

Extra Options -
Isofix Front Passenger Seat
Elec Child Saftey Lock
Park Assist
Media Command
Lane Assist with Blind Spot Detection
Carpet Mats

Is this price reasonable?

[moneychop]

No you should follow it to auction

[Phil Dicky]

Why are not asking your local dealer and searching on AutoTrader for similar spec cars. Jesus it's not bloody rocket science.

[MBD7]

moneychop said:

No you should follow it to auction

How would I do this?
Fairly new to leasing let alone buy a car from an auction...

[V8mate]

A quick glance at Autotrader suggests wishing them luck remarketing it.

[Nickp82]

Those examples above are boggo spec manuals so not a fair comparison.
There are two Edition 1.4 DSGs under £22500 on Autotrader which would suggest the price you have been given is fair, especially as yours has a few good options but not super-cheap.

[MJay36]

I would ask for a quote each month as the price will probably reduce nearer to the end of contract. The car will be out of warranty so that is a factor to consider if purchasing. However if the specification suits you and you can’t find anything comparable at a similar price then only you can decide if it’s worth buying. There have been decent deals on lower spec models recently but it’s unlikely you’ll obtain a similar lease deal at a similar price three years later.

If you are able to increase your budget by another £3 or £4K drive the deal are currently discounting the Kodiaq Edition by around £6.5K with free metallic paint so if you really wanted to own one that might be a more sensible option.