Lease deals - handing back

[JOETHETOE]

My current motor is due to finish in March (CLS CDI), instead of giving it back I was thinking of extending. Given the market do you think I could chip the monthly price?

Surely Merc dont want another Diesel motor hanging around on the sales floor?

Anyone have any experience with a situation like this?

Much obliged

[leeb]

hi mate, we use lombard vehicle management for most of our cars, one of our staff had a nissan almera, 3 years ended, and we just extended it a year, no problems and i think it was about 60% of the monthly cost from memory.

[JOETHETOE]

thanks leeb that really is helpful, if I can get a deal going forward il just keep it. No new deposit etc.

Cheers

[ginettag27]

They're usually happy to extend, as long as the vehicle isn't more than 5 years old...

[johnfm]

They will bite your hand off. If you DON'T extend, they will take a £1k+ hit when they try to dispose of the car.


Lease cos are very very happy to reschedule existing cars.

[JOETHETOE]

Cheers people,

Initial enquiries suggests that they will extend, however they dont look like they will offer a discount on the current monthly payment??

Cheers

[paoloh]

JOETHETOE said:

Cheers people,

Initial enquiries suggests that they will extend, however they dont look like they will offer a discount on the current monthly payment??

Cheers

Sod that, no discount, no deal.

[JOETHETOE]

yeah thats what im thinking, on the one hand I think they must be crazy not to extend but on the other hand how much further is the residual gonna slide.

Will see what happens, on a side not does anyone know how you dismantle a tracker system, dont want to send the lease car back with tracker fitted.

Cheers

[PhilLL]

Couldn't you look to purchase it outright by making them an offer? Risky strategy but you could wait until the driver turns up to pick up your car at end of lease and ask him where it's going to, then buy it yourself at auction

[JOETHETOE]

Good idea, since they quoted me an extra £300 pcm!!!!!!!!!!!!!!!

JOKERS

[paoloh]

JOETHETOE said:

Good idea, since they quoted me an extra £300 pcm!!!!!!!!!!!!!!!

JOKERS

What? To extend?

[JOETHETOE]

Yp 12 month extension £300 pcm extra. RIDICULOUS!!!

[paoloh]

JOETHETOE said:

Yp 12 month extension £300 pcm extra. RIDICULOUS!!!

Are they on crack?

That's an extra £3600 over the year. The deposit on a new one would be far cheaper.

Are they trying to blame it on maintenance and warranty?

[JOETHETOE]

Not sure after asking her to check that the figures were correct I put the phone down. They can have the car back, will get a new one, prob dif manufacturer.

[NotHappy]

who is supplying the car?

[Work-Shy-Wanabe]

If you need a new one I have a mate who runs a big contract hire company and he has some brilliant deals on mercs (CLS £449x24 and 3 months deposit) due to the current climate there cheaper deals than VWs, Audis and Vauxhalls. PM me and I'll get you his number. He might give me a bigger discount on my new motor then! ;-)

[M3_chaz]

Some very good deals on the ML280 Sport at the mo, £320 on a simple 3 down 2 years deal.

On that note does anyone know of any other good deals out there at the mo?

[rabidant]

Had the same thing with one of our cars A3 sportback asked for a price to extend after 2 years,lease company offered an extra £60 per month!!!! I'm sure it will fetch a great price at auction first week in January.