Golf R or 320d touring shadow

[Chestrockwell]

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

[nuttywobbler]

Nice looking car! Does it have the tech pack?

So it’s costing him approx £390 per month amortised.

Not sure anyone said there’s an issue with leasing - it serves a purpose, find a good deal and it offers value for money versus other options of buying new.

Spending nearly £400 per month on a car is a lot more than most people will / are able to pay - it’s a large amount of money to most people - but I agree, it’s probably less than the depreciation so a good deal on that basis

Edited by nuttywobbler on Thursday 27th June 17:12

[cerb4.5lee]

I've always loved the way the A6 looks and it is a lovely car for sure. I do think that it is a bit cheeky that Audi badge it the 40 TDI though with only 204bhp.

[Chestrockwell]

nuttywobbler said:

Nice looking car! Does it have the tech pack?

So it’s costing him approx £390 per month amortised.

Not sure anyone said there’s an issue with leasing - it serves a purpose, find a good deal and it offers value for money versus other options of buying new.

Spending nearly £400 per month on a car is a lot more than most people will / are able to pay - it’s a large amount of money to most people - but I agree, it’s probably less than the depreciation so a good deal on that basis

Edited by nuttywobbler on Thursday 27th June 17:12

It doesn’t have the tech pack but not a problem as he came from a 2004 1.6 Civic and a E39 523i before that

I took it for a drive and it’s a lovely car, feels like driving a cloud compared to my Civic!

[Jag_NE]

Chestrockwell said:

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

Where people can get mislead on these deals is convincing themselves that the RRP is the real value of the new car. In the vast majority of cases it really isn’t. You can get a delivery miles a6 s line for 30k before you haggle, using this example.

[DoubleD]

Jag_NE said:

Chestrockwell said:

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

Where people can get mislead on these deals is convincing themselves that the RRP is the real value of the new car. In the vast majority of cases it really isn’t. You can get a delivery miles a6 s line for 30k before you haggle, using this example.

But will it be worth more than £21k in 2 years time? + no servicing costs.

[Jag_NE]

DoubleD said:

Jag_NE said:

Chestrockwell said:

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

Where people can get mislead on these deals is convincing themselves that the RRP is the real value of the new car. In the vast majority of cases it really isn’t. You can get a delivery miles a6 s line for 30k before you haggle, using this example.

But will it be worth more than £21k in 2 years time? + no servicing costs.

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

[DoubleD]

Jag_NE said:

DoubleD said:

Jag_NE said:

Chestrockwell said:

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

Where people can get mislead on these deals is convincing themselves that the RRP is the real value of the new car. In the vast majority of cases it really isn’t. You can get a delivery miles a6 s line for 30k before you haggle, using this example.

But will it be worth more than £21k in 2 years time? + no servicing costs.

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

So in this example, leasing is probably a better deal than getting a car with delivery miles.

[Jag_NE]

DoubleD said:

Jag_NE said:

DoubleD said:

Jag_NE said:

Chestrockwell said:

Well then, here she is.

A6 40 TDI 204 bhp S-Line Black edition.

3+23 361pm 10k a year.

I’ve always bought my cars, I’ve had 2 nearly new cars and it always took a lot of haggling, big deposits and borrowing money from the bank to pay it off eventually.

I can’t get over this, have I been getting ripped off? This is a 45k car, delivered to my brothers doorstep within a week of saying he wants it, all he had to pay was £1083 and the keys were given to him. Sure he pays the 361 monthly but that’s next to F all in the grand scheme of things, just above a tenner a day, some people spend double that on wine and cigarettes.

Sure you don’t own the car and lose that money but that’s a st load less than the depreciation, so what’s the problem with leasing? Drive a dream car for not a lot of money, no MOT’s or servicing to worry about, tyres will last, average 50 mpg....don’t see what the big deal is!

Where people can get mislead on these deals is convincing themselves that the RRP is the real value of the new car. In the vast majority of cases it really isn’t. You can get a delivery miles a6 s line for 30k before you haggle, using this example.

But will it be worth more than £21k in 2 years time? + no servicing costs.

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

So in this example, leasing is probably a better deal than getting a car with delivery miles.

My point is that the poster with the Audi thinks he is beating the market via leasing due to thinking the list price is a credible reference point. It’s only a breakeven deal vs buying one and selling it at the two year point. Keep the purchased car past year 2 and you will be lower cost than repeat leases as the depreciation curve flattens substantially. At the end of the day it’s where individuals see the value that matters, I’m just making the point that the perceived value of the lease scenario isn’t as high as people think, when they bring list price into the equation.

[Chestrockwell]

Jag_NE said:

My point is that the poster with the Audi thinks he is beating the market via leasing due to thinking the list price is a credible reference point. It’s only a breakeven deal vs buying one and selling it at the two year point. Keep the purchased car past year 2 and you will be lower cost than repeat leases as the depreciation curve flattens substantially. At the end of the day it’s where individuals see the value that matters, I’m just making the point that the perceived value of the lease scenario isn’t as high as people think, when they bring list price into the equation.

Well, whatever the list price is, it’s a brand new A6, a car that’s brought to your doorstep within a week of signing the proposal form for an initial payment of 1083 followed by 361. I don’t remember how leading/financing worked years ago but when I was 5-10, I used to look at cars like the A6 and E class etc as if they were only for the super rich, nowadays, anybody can get one, and that’s no bad thing.

Imagine going and buying an A6 for 9 grand (cost of overall lease). It’ll be over 10 years old as you don’t want a dodgy one, it’ll be out of warranty with old tech, a euro 5 or less Diesel engine and all sorts of things that could go wrong, you’ll have to service and MOT it every year, insurance will cost more as will tax and it will cost half of what you paid for it in 2-3 years time, sure you’ll still be 5 grand better off but I’d rather have a brand new one and I’ll pay that 5 grand with my eyes closed. You don’t even see the money, it’s a DD, I pay 70£ a month for my phone bill and 80£ for my gym membership. I don’t even think about it, not because I’m rich, but because it’s one of those things that come with life, they’re called ‘bills’.

Edit - Let’s say you went for a petrol A6 for 9 grand, that wouldn’t return anything above 30mpg and the tax will more than likely cost more than the diesel

[DoubleD]

£80 a month to use a gym? Crikey.

[ZX10R NIN]

Jag_NE said:

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

But you wouldn't be paying 45k for one in the first place there's normally 10k+ discounts on these new, actually there's with 15k off to be had as long as you buy stock & that's before the 1.5-2.5k contribution that you can get with the finance packages available this quarter:

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/201...

With the Tech Pack:

https://www.autotrader.co.uk/classified/advert/201...

So that's your depreciation taken care of vs a lease (I'm not saying one way is better than another) it's a case of seeing what works for the individual

[Chestrockwell]

DoubleD said:

£80 a month to use a gym? Crikey.

David Lloyd’s friends and family discount, usually 120 :O

[anonymous-user]

ZX10R NIN said:

Jag_NE said:

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

But you wouldn't be paying 45k for one in the first place there's normally 10k+ discounts on these new, actually there's with 15k off to be had as long as you buy stock & that's before the 1.5-2.5k contribution that you can get with the finance packages available this quarter:

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/201...

With the Tech Pack:

https://www.autotrader.co.uk/classified/advert/201...

So that's your depreciation taken care of vs a lease (I'm not saying one way is better than another) it's a case of seeing what works for the individual

The problem with the above though is that the monthly payments are going to be higher than leasing a brand new one. Therefore if you have no interest in keeping the car long term there is no financial advantage and you are also having to tax yourself as well as having no option of tyres/maintenance that you have with a lease.

[Chestrockwell]

zj2016 said:

ZX10R NIN said:

Jag_NE said:

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

But you wouldn't be paying 45k for one in the first place there's normally 10k+ discounts on these new, actually there's with 15k off to be had as long as you buy stock & that's before the 1.5-2.5k contribution that you can get with the finance packages available this quarter:

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/201...

With the Tech Pack:

https://www.autotrader.co.uk/classified/advert/201...

So that's your depreciation taken care of vs a lease (I'm not saying one way is better than another) it's a case of seeing what works for the individual

The problem with the above though is that the monthly payments are going to be higher than leasing a brand new one. Therefore if you have no interest in keeping the car long term there is no financial advantage and you are also having to tax yourself as well as having no option of tyres/maintenance that you have with a lease.

So can I walk into Audi tomorrow and pay a grand to get the keys then just pay 360 a month and not pay for the VED for the following 2 years? If yes, then I’m mistaken about leasing.

[Chestrockwell]

zj2016 said:

The problem with the above though is that the monthly payments are going to be higher than leasing a brand new one. Therefore if you have no interest in keeping the car long term there is no financial advantage and you are also having to tax yourself as well as having no option of tyres/maintenance that you have with a lease.

Tyres and maintenance is pointless on a car like this anyway, 2.0 diesel with FWD, you’re not going to be setting the world alight. You’d service it once as well, 250 for an oil change after about 15k miles.

[anonymous-user]

Chestrockwell said:

zj2016 said:

ZX10R NIN said:

Jag_NE said:

Probably not, but the only point I’m making is that it isn’t 9k paid on lease fees versus 24k on depreciation if you bought it. If you are the type of person who normally buys a new car and trades it every two year for a new one (everything else being equal) it’s a decent deal, for sure.

But you wouldn't be paying 45k for one in the first place there's normally 10k+ discounts on these new, actually there's with 15k off to be had as long as you buy stock & that's before the 1.5-2.5k contribution that you can get with the finance packages available this quarter:

https://www.autotrader.co.uk/classified/advert/201...

https://www.autotrader.co.uk/classified/advert/201...

With the Tech Pack:

https://www.autotrader.co.uk/classified/advert/201...

So that's your depreciation taken care of vs a lease (I'm not saying one way is better than another) it's a case of seeing what works for the individual

The problem with the above though is that the monthly payments are going to be higher than leasing a brand new one. Therefore if you have no interest in keeping the car long term there is no financial advantage and you are also having to tax yourself as well as having no option of tyres/maintenance that you have with a lease.

So can I walk into Audi tomorrow and pay a grand to get the keys then just pay 360 a month and not pay for the VED for the following 2 years? If yes, then I’m mistaken about leasing.

Yep

[anonymous-user]

Chestrockwell said:

zj2016 said:

The problem with the above though is that the monthly payments are going to be higher than leasing a brand new one. Therefore if you have no interest in keeping the car long term there is no financial advantage and you are also having to tax yourself as well as having no option of tyres/maintenance that you have with a lease.

Tyres and maintenance is pointless on a car like this anyway, 2.0 diesel with FWD, you’re not going to be setting the world alight. You’d service it once as well, 250 for an oil change after about 15k miles.

The front wheel drive Audi’s that I’ve had chew through tyres.

I currently pay £20 per month for maintenance on a 3+23 and I’ve already gone through a set of fronts in less than 11,000 miles.

My main point is though that you can’t get the lightly used examples for a lower monthly payment than the lease deal here.

Also the Black Edition is a higher spec than the s-line examples.

Edited by anonymous-user on Thursday 27th June 23:57

[TobyTR]

Buying vs Leasing: https://www.youtube.com/watch?v=BtY9Nmm2z0U

How much car can one afford: https://www.youtube.com/watch?v=Q5_X36qBceE

I've done a similar man-maths to the above several times before and have arrived at the same conclusion each time: Buy in the sweetspot 2-6 year old mark & low mileage where the car is unlikely to depreciate much more - drive for 2-3 years and repeat...

I used to think I was doing something wrong because the majority I know leases their cars...

[Gareth1974]

The videos seem to disregard the costs of running an older car compared with a new one (more expensive services, cam belts, brakes, tyres, MOTs, out of warranty repairs etc).
Also that RFL, warranty and breakdown cover tend to be included in the lease price.

Edited by Gareth1974 on Thursday 22 August 10:31