Best Lease Car Deals Available? (Vol 7)

Best Lease Car Deals Available? (Vol 7)

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Canon_Fodder

1,770 posts

64 months

Thursday 4th July 2019
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Mo28 said:
This can vary a lot depending on which two cars you are comparing this between. For instance my fuel bill for the year has more than doubled from £1200 to £2700 for 10k miles.

The comparison is made between a Golf GTD and a C200p both of which have the same power output. To add, the Mercedes has never averaged more than 25 mpg between each fill up over the 2 years I've had it.
Yes I agree with those figures although to be conservative I use 50mpg for a diesel and 33mpg for a petrol so for 10k miles it's £600 p.a. or £50/month difference assuming no difference in price per litre which seems to be the case again these days

Just had a quote for a Leon FR 2.0 TDI for £279 inc 1+35 12k which I quite like. Poor mans Golf GTD basically for a lot less money

pavarotti1980

4,933 posts

85 months

Thursday 4th July 2019
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Canon_Fodder said:
Yes I agree with those figures although to be conservative I use 50mpg for a diesel and 33mpg for a petrol so for 10k miles it's £600 p.a. or £50/month difference assuming no difference in price per litre which seems to be the case again these days

Just had a quote for a Leon FR 2.0 TDI for £279 inc 1+35 12k which I quite like. Poor mans Golf GTD basically for a lot less money
Who was the Leon quote from?

jonwm

2,528 posts

115 months

Thursday 4th July 2019
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If anyone like me is looking for a largish family wagon, CVL had a Tiguan Allspaces at quite good money.

They are 48 months for the cheapest deals though.

3 +47 on an Match Petrol DSG is £851 down £283 per month, R Line is slightly more circa £35 a month, 4 years is a bit too long for me, hopefully wont need such a big car in 2 / 3 years time.

PaddyPadsPat

210 posts

81 months

Thursday 4th July 2019
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claremont56 said:
Someone shared the content of an email they’d been sent. It’s on page 191, 4th or 5th post down
Thank you so much bow

Theguy5

201 posts

60 months

Thursday 4th July 2019
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Got the deal info back on the Tiguan, it’s from Cheltenham VW, solid white and November delivery.

Tiguan 2.0 TDi R-Line Tech 150PS 4Motion DSG in Pure White (3+35, 10K miles per annum)

Initial Rental of £1070.32 inc VAT followed by 35 x regular monthly payments of £356.72 inc VAT.

For context I got quote £383pm on the same terms for a stock Tiguan.

MattyD803

1,725 posts

66 months

Thursday 4th July 2019
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Not to turn this into an MPG thread, but worth noting for anyone looking at least deals, trying to decide between Petrol and Diesel models, don't take the Factory MPG figure too seriously.....

As an example, I ran a 2015 Golf GTD DSG on a 2 year lease / covering 25k miles, and with an honestly gentle right foot (99% of the time anyway), usually just me in the car, and I averaged c.45mpg from it over the 2 years, mixed driving. In fact, mixed driving is conservative, it was mostly motorway and A-Road driving, all steady stuff. Compared to the factory figure....this is at least 10-15% less than expected and to be honest quite disappointing. Round town stuff saw me in the low 40's, again driving sensibly.....

I had budgeted/forecasted at least 50mpg from the car to make my leasing calcs work (which is lower than the factory stated figures), and in reality, it didn't quite work out as well as expected for me - but this will be magnified if your doing big mileage....


Theguy5

201 posts

60 months

Thursday 4th July 2019
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I didn’t think anyone actually believed factory mpg ratings haha

MaxSo

1,910 posts

96 months

Thursday 4th July 2019
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MattyD803 said:
Not to turn this into an MPG thread, but worth noting for anyone looking at least deals, trying to decide between Petrol and Diesel models, don't take the Factory MPG figure too seriously.....
I concur - I think in my spreadsheet I included a link to https://www.honestjohn.co.uk/real-mpg/ , but http://www.fuelly.com/ is also quite useful (remember to change the units to UK)

https://docs.google.com/spreadsheets/d/1ARUrS7YaFM...


MaxSo

1,910 posts

96 months

Thursday 4th July 2019
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Theguy5 said:
I didn’t think anyone actually believed factory mpg ratings haha
Always good to read the full post before replying... wink

"I had budgeted/forecasted at least 50mpg from the car to make my leasing calcs work (which is lower than the factory stated figures),"

uzyg

81 posts

156 months

Thursday 4th July 2019
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Omegatt said:
Just pressed the button on this :

Audi A4 Avant 40 TDI Black Edition + Met Paint
15k miles per year
6+23 deal

£330 pcm + £1980 initial

Not outstanding but pretty competitive in the current climate
Who was this with? Is it a stock deal or would they hold until October? Would appreciate any info you can send over. Thanks

meclive

29 posts

60 months

Thursday 4th July 2019
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Anyone seen a decent Cupra Ateca deal?

Theguy5

201 posts

60 months

Thursday 4th July 2019
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meclive said:
Anyone seen a decent Cupra Ateca deal?
I’ve looked into Cupra Ateca and the general thing is it’s not worth the ‘cupra’ Premium. I posted a Tiguan R line deal further up, yes it’s a diesel but your getting a better car for less money.

qwerty88

277 posts

178 months

Thursday 4th July 2019
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https://leasing.com/independent-brokers/bestcarfin...

Although it’s only 5k, quick maths puts this at 20% of list.

Gunslinger18

352 posts

59 months

Thursday 4th July 2019
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meclive said:
Anyone seen a decent Cupra Ateca deal?
Got a quote from Arnold Clark 6 + 23 8K at £334 with £2k initial payment

Not sure if that’s good or not?

MaxSo

1,910 posts

96 months

Thursday 4th July 2019
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qwerty88 said:
https://leasing.com/independent-brokers/bestcarfin...

Although it’s only 5k, quick maths puts this at 20% of list.
This reminds me, I was thinking of adding a column to my spreadsheet that you tells you what % of the list/best price is 1 year's worth of TCO (lease + excess mileage fees + fuel + insurance + tyres + servicing) for a given annual mileage.

I *think* that would be a good way of accurately assessing which deals offer a good value TCO.

Any thoughts anyone?

EDIT - I just did it anyway...

https://docs.google.com/spreadsheets/d/1ARUrS7YaFM...

The sweet spot in term of overall dealness is a car with an expensive list / best price, that has a decent lease rate, and is also not too costly to fuel, insure & service.

Cars with the lowest % of TCO per year Vs List (or best) Price represent the best overall deal IMO - (provided they are something you are willing to drive obviously - not much good if you wouldn't want that car)

The i3, over 15k miles per year, is looking pretty good on this benchmark with a score of 14.99% for TCO per year vs list price, and 17.71% vs best price.... but obviously, not for everyone..


Edited by MaxSo on Friday 5th July 10:29

Jkamizl

67 posts

60 months

Thursday 4th July 2019
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meclive said:
Anyone seen a decent Cupra Ateca deal?
I got quoted
3k upfront
£255x23
10k mileage

This was with lookers Stockport

Cheaper than anything online

saaby93

32,038 posts

179 months

Thursday 4th July 2019
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MaxSo said:
This reminds me, I was thinking of adding a column to my spreadsheet that you tells you what % of (list/best price + fuel + insurance + tyres + servicing) is 1 year's worth of (total lease cost including excess mileage fees) for a given annual mileage.

I *think* that would be a good way of accurately assessing which deals offer a good value TCO.

Any thoughts anyone?

EDIT - I just did it anyway

The sweet spot in term of overall dealness is a car with an expensive list / best price, that has a decent lease rate, and is also not too costly to fuel, insure & service.

Cars with the lowest % of TCO per year Vs List (or best) Price represent the best overall deal IMO - (provided they are something you are willing to drive obviously)
Is lowest percentage best?
If so why does the BMW i3 keep coming out as the best thing to get?

I need a widescreen laptop for your spreadsheet wobble

MaxSo

1,910 posts

96 months

Thursday 4th July 2019
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saaby93 said:
Is lowest percentage best?
If so why does the BMW i3 keep coming out as the best thing to get?

I need a widescreen laptop for your spreadsheet wobble
Yep - same as the 'normal' % benchmark, lower is better.

It's just that the TCO benchmark takes into account all the other costs to own and run the car for the mileage you do.

The i3 comes out good on this because it has a high price, reasonable lease costs and very low running costs.

Obviously, as I've said, people only compare the cars that they themselves are willing to consider driving though. So the i3 isn't the best thing for anyone who wouldn't consider having one.

That A5 convertible deal (now gone AFAIK) looks pretty good too.

If deals are entered into the spreadsheet with the excess mileage rate that will help in case people want to see what the TCO would be for a higher annual mileage.

You know you can scroll left and right too..!? Failing that...



Edited by MaxSo on Thursday 4th July 19:34

EyeHeartSpellin

668 posts

84 months

Thursday 4th July 2019
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Ohh front page promotion.

Who is going to explain FTK to the newly welcomed?
Who will lose it in the first PCP v Lease v Uber debate?
21% or what you actually want?
Will anyone do any actual work to find a deal?

I'm so excited.

Gregmitchell

1,745 posts

118 months

Thursday 4th July 2019
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qwerty88 said:
https://leasing.com/independent-brokers/bestcarfin...

Although it’s only 5k, quick maths puts this at 20% of list.
That's a good deal, wonder what excess mileage charges are.

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