Best Lease Car Deals Available? (Vol 7)

Best Lease Car Deals Available? (Vol 7)

TOPIC CLOSED
TOPIC CLOSED
Author
Discussion

beeej

1,400 posts

194 months

Friday 19th April 2019
quotequote all
stevenc81 said:
... which seems good over 4 years ...
Four year lease though! You're losing one of the big benefits of leasing right there: flexibility.

anonymous-user

55 months

Friday 19th April 2019
quotequote all
beeej said:
Four year lease though! You're losing one of the big benefits of leasing right there: flexibility.
How does Leasing have flexibility. That is the one negative to it over PCP and why some would rather pay the extra in a PCP to have flexibility.

I get the four year lease issue though. Taking something inflexible over two years isnt really an issue but 4 is a long time to be permanently tied in unless you are not the type who gets tempted by newer shiny things

Zooom

134 posts

95 months

Friday 19th April 2019
quotequote all
Had various quotes back from Mercedes Perth on the A Class for 15k a year. All with 3 months upfront. Not a lot of difference between 2 and 3 years really apart from the effect of the deposit being spread over more months.

2 Years
£317.31 With No Maintenance (10.2p excess)
£339.01 With Maintenance (11.1p excess)
£367.67 With Maintenance + Tyres (13.2p excess)

3 Years
£312.18 With No Maintenance (10.5p excess)
£340.59 With Maintenance (12p excess)
£369.97 With Maintenance + Tyres (14.4p excess)

I think the OP for this deal stated they got a price of £277.91 3+35 with maintenance. Which means it doesn’t really make a huge difference if you buy the mileage up front or not (less than £50).

Just trying to decide whether I cancel my Golf R Estate order as the A Class would save me about £1,850 over 2 years.

Sorry to blabber on. Anyone have an opinion?

Edited by Zooom on Friday 19th April 18:52

Gregmitchell

1,745 posts

118 months

Friday 19th April 2019
quotequote all
What model is this?

ryebread

213 posts

78 months

Friday 19th April 2019
quotequote all
The Chemist said:
Anyone here picked up the Alfa Romeo Giulia veloce deal circa Dec 2017? Thoroughly enjoying the car . Still have 10 months or so until my lease is up and am thinking about what to do next year. Not many other cars take my fancy and the QV may be a little out of reach at present. How are Alfa / leasys with lease extensions?
Leasys are generally pretty easy. I got a 6 mo the extension on a Grand Cherokee no problem with the mileage increase prorated.

I've got the Giulia too, don't know what to replace it with. A work colleague recently got a 6 Series GT and I have to be honest and say the comfort and smoothness is a little envious.

On the other end the I-Pace deal last year was pretty good and maybe the Model 3. Wait and see I guess, probably order around end Aug/Sep to grab a deal


Zooom

134 posts

95 months

Friday 19th April 2019
quotequote all
Gregmitchell said:
What model is this?
A250 AMG Line Auto with premium pack.

beeej

1,400 posts

194 months

Friday 19th April 2019
quotequote all
euphoricmess said:
How does Leasing have flexibility. That is the one negative to it over PCP and why some would rather pay the extra in a PCP to have flexibility.
Flexibility in terms of time, because with PCH, a 2 or 3 year term is common. PCP is a loan that you're servicing for between 3 to 6 years.

Perhaps also you could consider the inflexibility of PCP from the financial point of view, as its implied that you're paying the APR% that the dealer is offering, and you can't haggle on that. If you could afford to buy a new car, you wouldn't be striding into a dealership and then asking for a loan...

bluenosewrx

391 posts

116 months

Friday 19th April 2019
quotequote all
beeej said:
stevenc81 said:
... which seems good over 4 years ...
Four year lease though! You're losing one of the big benefits of leasing right there: flexibility.
And a warranty.

Mohaipod

23 posts

72 months

Friday 19th April 2019
quotequote all
Just a heads up for the couple of people waiting for their 124 Spiders from Mangoletsi.
I picked mine up at the end of last year but should have given the car a proper check over. The rear bumper looks like it touched something.
There’s also a bit or corrosion on the metal work in the boot.

Mangoletsi printed the wrong reg plate for the car. Strangely the insurance worked with the wrong reg plate for an Abarth 124 but I realised when my local abarth garage said the car didn’t exist.

I got them to send me new plates which I had to drill and put on myself. Surprise surprise, radio silence from Mangoletsi when I asked to be reimbursed £26 for the admin fee of the insurance reg change. A bit disappointing if they want good customer retention.


PenelopaPitstop

2,169 posts

134 months

Friday 19th April 2019
quotequote all
I'm planning to check it through out before I sign any papers. That's, if it ever materialises. Chased yesterday and wasn't even called back.

Gregmitchell

1,745 posts

118 months

Friday 19th April 2019
quotequote all
XC90 D5 Momentum 10k / 1 + 35 £519 seems fairly decent.

Fleet prices

maxwellm1

178 posts

63 months

Friday 19th April 2019
quotequote all
Really torn now what to do I have a arteon elegance 1.5tsi evo model on order with option to cancel because of delays, the merc a class 250 amg premium deal !

Really unsure where to keep arteon deal.or.get the a class now am I right in saying both are the same engine size ? obv the a class is smaller.has more Bhp?

struggling with what to do.now a class.interior looks better than the arteon

what car would you go for.out of the two ?

PenelopaPitstop

2,169 posts

134 months

Friday 19th April 2019
quotequote all
Depends on your needs or likes, two different cars. Small hatchback vs quite big family car.

anonymous-user

55 months

Friday 19th April 2019
quotequote all
beeej said:
Flexibility in terms of time, because with PCH, a 2 or 3 year term is common. PCP is a loan that you're servicing for between 3 to 6 years.

Perhaps also you could consider the inflexibility of PCP from the financial point of view, as its implied that you're paying the APR% that the dealer is offering, and you can't haggle on that. If you could afford to buy a new car, you wouldn't be striding into a dealership and then asking for a loan...
Rather than derail the thread on the battles between PCP, PCH and whether it means you can actually afford a car if you dont pay for it in cold hard cash I will leave it there.

However PCP and PCH have the same flexibility in time as you can agree varying contract lengths - it just impacts the cost. Generally PCH is cheaper - though not always, but you cannot early terminate in the way you could a PCP (whether through VT, or early settlement) and although some companies allow the purchase post PCH, it is more common on PCP.

Key thing should always be to understand all, and do which fits, which normally will be the one that allows the smaller cost.

My point of view, the wife has a PCH - she is not bothered about keeping a car a long time, my mind changes, so I often PCP as I can get out earlier if I wish (obviously taking the hit when i do).

RSTurboPaul

10,446 posts

259 months

Friday 19th April 2019
quotequote all
bluenosewrx said:
beeej said:
stevenc81 said:
... which seems good over 4 years ...
Four year lease though! You're losing one of the big benefits of leasing right there: flexibility.
And a warranty.
I am confused by the warranty situation.

I read plenty of posts on this thread that say not having a warranty is a massive risk, but then I also read that as you are 'buying a service' from the leasing company, any issues whatsoever should be sorted out between the leasing co. and the servicing garage.

Which is correct?

RSTurboPaul

10,446 posts

259 months

Friday 19th April 2019
quotequote all
Mohaipod said:
Just a heads up for the couple of people waiting for their 124 Spiders from Mangoletsi.
I picked mine up at the end of last year but should have given the car a proper check over. The rear bumper looks like it touched something.
There’s also a bit or corrosion on the metal work in the boot.

Mangoletsi printed the wrong reg plate for the car. Strangely the insurance worked with the wrong reg plate for an Abarth 124 but I realised when my local abarth garage said the car didn’t exist.

I got them to send me new plates which I had to drill and put on myself. Surprise surprise, radio silence from Mangoletsi when I asked to be reimbursed £26 for the admin fee of the insurance reg change. A bit disappointing if they want good customer retention.

How much are Mangoletsi paying you to advertise for them?

The Chemist

92 posts

143 months

Friday 19th April 2019
quotequote all
ryebread said:
Leasys are generally pretty easy. I got a 6 mo the extension on a Grand Cherokee no problem with the mileage increase prorated.

I've got the Giulia too, don't know what to replace it with. A work colleague recently got a 6 Series GT and I have to be honest and say the comfort and smoothness is a little envious.

On the other end the I-Pace deal last year was pretty good and maybe the Model 3. Wait and see I guess, probably order around end Aug/Sep to grab a deal
I'm almost tempted to go with another Giulia to be fair.... I'm hoping the QVs on the second hand market drop a little more on the next year or so.

talksthetorque

10,815 posts

136 months

Friday 19th April 2019
quotequote all
RSTurboPaul said:
How much are Mangoletsi paying you to advertise for them?
It is Mangoletsi's car, not Mohaipod's.

beeej

1,400 posts

194 months

Friday 19th April 2019
quotequote all
euphoricmess said:
Key thing should always be to understand all, and do which fits [...].
And your brilliant idea was to stop sharing the insight and knowledge. Thanks for your 5 months of insight into our multi year thread, but questions do need answering so that more people understand smile

anonymous-user

55 months

Friday 19th April 2019
quotequote all
beeej said:
And your brilliant idea was to stop sharing the insight and knowledge. Thanks for your 5 months of insight into our multi year thread, but questions do need answering so that more people understand smile
If you can educate me on why a fixed term deal which is very difficult to get out of offers more flexibility I would love to know. May save me some money

Edited by anonymous-user on Friday 19th April 22:53

TOPIC CLOSED
TOPIC CLOSED