Buying a car at the end of lease ?

[s55shh]

They just quoted me £800 more than WBAC for my Yeti.

[Gliese]

I obtained a quote for my Alltrack that I had on a lease and it was full retail price.
Needless to say it's gone back now. I too was also expecting trade price to save on BCA fees etc.

[rapide]

I bought my one and only lease car through VWFS last year. 3 year lease Octavia VRS, the quote was only a couple of hundred more than trade and therefore a good few k less than retail (glasses guide figures).

I had hoped it was common practice to offer a ‘fair’ purchase figure - as I’d now like a new second car (perhaps 140i) and the lease then buy option seems perfect ‘best of both worlds’ for me (main benefit of PCP without paying for it!?).

I added up the cost of the lease plus the price I paid at the end at it was still about £4K less than the original RRP. I’m sure you’d get a similar discount just buying new - but I didn’t and still don’t particularly want to buy new.

Anyone had a comparable experience buying a BM after their lease expired?

[g40steve]

Alphabet wanted 2k more than Autotrader valued the car at private sale, so going back.
If they had given the trade in price rather than more than retail I possibly would of purchased it.
We all know they go to the auction house so why price it too high?

[AlwynMike]

g40steve said:

Alphabet wanted 2k more than Autotrader valued the car at private sale, so going back.
If they had given the trade in price rather than more than retail I possibly would of purchased it.
We all know they go to the auction house so why price it too high?

Its a BMW. They think they are better than they actually are.

[anonymous-user]

AlwynMike said:

Its a BMW. They think they are better than they actually are.

No, it was a Peugeot.

[rlg43p]

Kananga said:

That's a shame. Was hoping lease companies would be happy to sell at trade!

I think they try it on to see how much they can get. People's experiences are very different with some companies sticking to that high asking price.

I guess it's a negotiation - who blinks first?

I can't understand why lease companies aren't more competitive on some of these prices; surely it saves them lots of hassle and they'd get more than the trade value they would get at an auction even if they offered an attractive buy out price?

[loskie]

it's not trying it on though is it? Of course they are going to try and get as much as possible.