Best Lease Car Deals Available? (Vol 7)

Best Lease Car Deals Available? (Vol 7)

TOPIC CLOSED
TOPIC CLOSED
Author
Discussion

Typer888

4 posts

56 months

Saturday 17th August 2019
quotequote all
The fact that they’ve denied having anything to do with Total Motion is suspicious enough for me!

Response to fifth review down:

https://www.google.com/search?q=pink+leasing&r...

Edited by Typer888 on Saturday 17th August 11:01

Typer888

4 posts

56 months

Saturday 17th August 2019
quotequote all
Yeah thinking the same... if it’s too good to be true, then it probably is...

I’ll keep you posted if I hear anything else....

John-9ey9e said:
Thanks for sharing, this is quite worrying. I got a call from Paul at Pink late on Thursday to say my approval had come through from funder and he was now going on leave and back next Tuesday, when he'd send across papers for me to sign. Something about this deal from the beginning has been making me paranoid, the old 'if it looks too good to be true...' springs to mind.

I'm in same pickle - stick with it or give it up and look elsewhere?

John-9ey9e

43 posts

57 months

Saturday 17th August 2019
quotequote all
Typer888 said:
The fact that they’ve denied having anything to do with Total Motion is suspicious enough for me!

Response to fifth review down:

https://www.google.com/search?q=pink+leasing&r...

Edited by Typer888 on Saturday 17th August 11:01
I've just done a quick search on Companies House - a Mrs Caroline Louise Hill is listed as Company Director for both Pink Vehicle Leasing Limited and Total Motion Limited, with over 75% and up to 50% shares held respectively. It seems she is joined in the Total Motion venture by (presumably a relation), Mr Simon John Hill. So that puts to bed any lingering doubts.

Now I guess the question is, what is so bad about Total Motion? Anybody here share their experience with them please?

Noel1983

264 posts

111 months

Saturday 17th August 2019
quotequote all
JJMatrixx said:
Why is leasing such a head fk!

My Model 3 comes in 6 weeks now, and I've just seen a deal on an I-Pace HSE.

£75k car, £413.89+VAT on a 9+23 8k.

Here's the maths I've worked out...

Total lease cost = £13,244 net. Claim back 10% VAT so add the other 10% = £14,569
Cost per month = £607
Reduce my salary by £607 a month, reduction in net income is around £352.
6 months of BIK at 16% = £2400
18 months of BIK at 2% = £900
Average monthly BIK = £137

Total average monthly cost = £489 (BIK is 0% if your car is registered after 5 April so this would be just the £352 otherwise!)

I'm no eco-warrior but the maths on this are incredible. Unless I've missed something?!

Deal - https://www.leaseloco.com/car-leasing/jaguar/i-pac...
Two pretty different cars, network of superchargers plus the overall tesla ecosystem would have me sticking to the tesla

Oh that and the many reports I seem to see of Jaguar electrical issues, not sure if ipace is similarly afflicted or not.

PenelopaPitstop

2,162 posts

133 months

Saturday 17th August 2019
quotequote all
John-9ey9e said:
I've just done a quick search on Companies House - a Mrs Caroline Louise Hill is listed as Company Director for both Pink Vehicle Leasing Limited and Total Motion Limited, with over 75% and up to 50% shares held respectively. It seems she is joined in the Total Motion venture by (presumably a relation), Mr Simon John Hill. So that puts to bed any lingering doubts.

Now I guess the question is, what is so bad about Total Motion? Anybody here share their experience with them please?
I don't remember seeing any negative comments about Total Motion here. They had good deals on electric BMWs long time ago and as far as I remember, all were delivered at quoted price. Deal was very cheap and there was a lot of happy people on the forum. I have no connection to the company, just reading forum.

Also, a lot of people ordered from them A-Class which was with different funder than Velar.

talksthetorque

10,815 posts

135 months

Saturday 17th August 2019
quotequote all
Noel1983 said:
Two pretty different cars, network of superchargers plus the overall tesla ecosystem would have me sticking to the tesla

Oh that and the many reports I seem to see of Jaguar electrical issues, not sure if ipace is similarly afflicted or not.
Small sample group but the one person I know with one has been in the dealer demo for three months as his just doesn’t charge sometimes.
He’s happy because he’s put 3 k on it and he’s on a 5k a year deal.

Typer888

4 posts

56 months

Saturday 17th August 2019
quotequote all
That’s good to know. So the problem seems to be down to the funder Arval and their use of Manheim.

The fact that they are asking for additional info after being told finance had been approved , seems like they have taken on too many orders and are looking for a way to reject some.

PenelopaPitstop said:
I don't remember seeing any negative comments about Total Motion here. They had good deals on electric BMWs long time ago and as far as I remember, all were delivered at quoted price. Deal was very cheap and there was a lot of happy people on the forum. I have no connection to the company, just reading forum.

Also, a lot of people ordered from them A-Class which was with different funder than Velar.

Driller38

181 posts

78 months

Saturday 17th August 2019
quotequote all
I had Mannheim pick up my Santander funded Mercedes E Class Cabriolet and it went back with no charges. Was very easy pick up and inspection.

As for total motion we got the 530e deal 7 months ago and it was for the quoted price car delivered by trailer. Funding by close brothers. No complaints here for either companies.

Grantyboy1983

256 posts

102 months

Saturday 17th August 2019
quotequote all
Driller38 said:
I had Mannheim pick up my Santander funded Mercedes E Class Cabriolet and it went back with no charges. Was very easy pick up and inspection.

As for total motion we got the 530e deal 7 months ago and it was for the quoted price car delivered by trailer. Funding by close brothers. No complaints here for either companies.
This, Mannheim inspected my S3 before it went back, very fair and i didn't pay the funder (Hitachi) a penny. Most likely it's just your luck with the inspectors themselves and not the company they work for.

soxboy

6,207 posts

219 months

Saturday 17th August 2019
quotequote all
We had Mannheim pick up my wife’s Jeep. They estimated approx £400 in charges of various bits all adding up. We got charged nothing by the funder.

All Mannheim are doing is acting as collection agents and reporting back to the funder. It’s up to them (as it’s their car) how much they charge.

Mohammed1982

72 posts

119 months

Saturday 17th August 2019
quotequote all
Got shy of six months left on my Cupra lease and they have quoted me something ridiculous for a new 2 year lease.

That said anything around £300 a month for a decent spec car??

Indyjukebox

20 posts

57 months

Saturday 17th August 2019
quotequote all
Gareth1974 said:
I think Affinity is like a company staff reward scheme, so you need a membership to access the deals.
I am not a member. Someone mentioned it earlier in this thread as a source of a cheap V90 deal. I emailed them, got the above price and have placed an order now. Got a delivery date of October, although they did have a white and blue in stock that I could have within 2 weeks.

Pretty happy with the service and no one else came close to the quoted price. It isn't as cheap as some of the CC deals from Santander; but I did not need a car then.

James-gbg1e

277 posts

80 months

Saturday 17th August 2019
quotequote all
Mohammed1982 said:
Got shy of six months left on my Cupra lease and they have quoted me something ridiculous for a new 2 year lease.

That said anything around £300 a month for a decent spec car??
New Cupra deals are less than that. Read the last 10 pages.

Indyjukebox

20 posts

57 months

Saturday 17th August 2019
quotequote all
Blown2CV said:
oh ok, doesn't really belong here then i reckon.
You asked and I replied. I am not a member and have ordered my car from there after sending a single online enquiry. If you are not interested, then why ask?

PeterTrap

20 posts

66 months

Saturday 17th August 2019
quotequote all
John-9ey9e said:
Thanks for sharing, this is quite worrying. I got a call from Paul at Pink late on Thursday to say my approval had come through from funder and he was now going on leave and back next Tuesday, when he'd send across papers for me to sign. Something about this deal from the beginning has been making me paranoid, the old 'if it looks too good to be true...' springs to mind.

I'm in same pickle - stick with it or give it up and look elsewhere?
Not true the finance is thru Creation, I can see the hard credit check on my file. Paul has doner everything he promised and I had all the final forms sent over on Thursday like he said. At the bottom it says "Pink vehicle leasing is a trading style of TM Ltd, Southpoint House, Meridian Business Park, Leicester, LE191WP" my car is due end of September. Despite taking longer than expected and a thorough credit check and bank statements, I have no doubt that this will happen.

H6Nathan

213 posts

95 months

Sunday 18th August 2019
quotequote all
Saw this. Likely to be an ‘error’...

https://leasing.com/independent-brokers/leaseshop/...


MrAverage

821 posts

127 months

Sunday 18th August 2019
quotequote all
H6Nathan said:
Saw this. Likely to be an ‘error’...

https://leasing.com/independent-brokers/leaseshop/...
On 10k miles it works out to 29% of discounted RRP. Not the best deal in the world.

Even worse if it's not real.

Dave Hedgehog

14,549 posts

204 months

Sunday 18th August 2019
quotequote all
Noel1983 said:
Two pretty different cars, network of superchargers plus the overall tesla ecosystem would have me sticking to the tesla

Oh that and the many reports I seem to see of Jaguar electrical issues, not sure if ipace is similarly afflicted or not.
jag do seam to have trouble shifting the ipace for some reason, articles have said they have 6 months worth of stock unsold in the US and when i was looking through the dealer stock here they have a lot of cars in the UK unsold as well, which these good lease prices would support

i wish the ipace drove like a model 3, it would be a no brainier then, i cant live with that awful brake pedal

Ham_and_Jam

2,196 posts

97 months

Sunday 18th August 2019
quotequote all
MrAverage said:
On 10k miles it works out to 29% of discounted RRP. Not the best deal in the world.

Even worse if it's not real.
Manufacturers RRP is used on this thread when comparing lease deals. Helps maintain consistency.

So this deal works out at 22.9%. Average smile







PenelopaPitstop

2,162 posts

133 months

Sunday 18th August 2019
quotequote all
People use RRP or discounted price for comparison, whichever they think is more real.
TOPIC CLOSED
TOPIC CLOSED