A truthful lease site?
A truthful lease site?
Author
Discussion

TeaVR

Original Poster:

1,261 posts

256 months

Sunday 1st November 2020
quotequote all
Never leased a car, so forgive me for my ignorance please.

I'm looking at leasing sites and they all seem to show cars something like



The HEADLINE figure here is £286.73

In my head, I'm thinking -

£286.73 * 24 + £3440 = 10321.52

Montly cost over the term is £430

So, are there any sites that would promenantly show the £430?

vladcjelli

3,370 posts

187 months

Sunday 1st November 2020
quotequote all
You can sort your search results in order of total cost at leasing.com.

So as long as you put in the same term, it’ll let you see whether there’s much difference in paying more up front.

Ussrcossack

1,067 posts

71 months

Sunday 1st November 2020
quotequote all
No because you pay 23 months and your initial deposit.

If they put £340 per month they would take your upfront deposit

Nickbrapp

5,277 posts

159 months

Sunday 1st November 2020
quotequote all
No. Easiest thing to do is change the initial rental to 1 month.

They all do it, advertise a new S line A3 for £289 a month but that’s 9 months upfront, 5k a year for 4 years.

It’s the same price how ever you devide it though.

Ussrcossack

1,067 posts

71 months

Sunday 1st November 2020
quotequote all
Sorry £430pm

andy43

13,112 posts

283 months

Sunday 1st November 2020
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I like leaseloco - seems to be easy to use and simple to alter the settings.

Starjet99

170 posts

82 months

Sunday 1st November 2020
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Leaseloco does exactly what you're asking.


Mark V GTD

3,134 posts

153 months

Sunday 1st November 2020
quotequote all
At least the above example included VAT. My regular email stream always leads with something like "New VW Golf Mk 8 - just £199 per month". Well of course when you actually read the email in reality its £2,000 down, £150 admin fee and then 23 x £199 - and everything with VAT added on top.

You can only compare lease deals by adding up the total cost and including the VAT . My current one was £1,200 down and then 23 x £210 inc VAT (no admin fee as from main dealer). So £6,030 over the whole term.

nickfrog

25,201 posts

246 months

Sunday 1st November 2020
quotequote all
Nickbrapp said:
No. Easiest thing to do is change the initial rental to 1 month.

They all do it, advertise a new S line A3 for £289 a month but that’s 9 months upfront, 5k a year for 4 years.

It’s the same price how ever you devide it though.
Most of the time yes but occasionally there are outliers where paying more upfront lowers the overall cost.