Best Lease Car Deals Available? (Vol 8)

[stonebow48]

Hshabir0411 said:

Also worth mentioning it’s the old shape.

i thought the new 3 series came out in 2019? so this would be the new shape?

[Sten.]

stonebow48 said:

Hshabir0411 said:

Also worth mentioning it’s the old shape.

i thought the new 3 series came out in 2019? so this would be the new shape?

I know when I was looking for a 3 series a couple of months ago I the cheapest deals I found were all on pre reg old models, usually shadow edition tourings which I think held on a bit longer than the saloon.

[kasb107]

stonebow48 said:

Hshabir0411 said:

Also worth mentioning it’s the old shape.

i thought the new 3 series came out in 2019? so this would be the new shape?

The carwow review of the 2020 3 series touring calling it “the best car in the world” came out in June 2019 - so these def should be new shape

[stonebow48]

kasb107 said:

The carwow review of the 2020 3 series touring calling it “the best car in the world” came out in June 2019 - so these def should be new shape

ive tried to call and no answer - i note on their site the price has changed to being £380, rather than £280

[WilliamWoollard]

Mo28 said:

BMW 320d M Sport Touring in stock

36+3
10k pa

£278.40 a month
£954 initial
£118 additional fees

https://leasing.com/independent-brokers/vertu-leas...

Pretty good deal if it's true, wouldn't waste time by sending over an enquiry, phone them up instead.

Edited by Mo28 on Wednesday 29th July 10:19

Edited by Mo28 on Wednesday 29th July 10:21

Looks like it's been pulled

[Monkeylegend]

Blown2CV said:

Regular reminder that leasing isn't mandatory. If you can't find a good deal, you can just go and get a used car on a loan... no one needs a new car, it's just a nice to have. No point getting upset about lack of deals, it's just the way it is right now.

But..................but..........what will the neighbours think

[Blown2CV]

Monkeylegend said:

Blown2CV said:

Regular reminder that leasing isn't mandatory. If you can't find a good deal, you can just go and get a used car on a loan... no one needs a new car, it's just a nice to have. No point getting upset about lack of deals, it's just the way it is right now.

But..................but..........what will the neighbours think

that's literally what it is isn't it

[kasb107]

Edinburgh123 said:

That’s £280/pm so £30 more each month.

TBH, £250 is my upper limit as it’s just a second car primarily for commuting. My wife has the family car (Tiguan R Line) which I’ll drive at the weekends etc so keen to not to too much (if any) over my budget!

Did you see the egolf deal on hduk? 40 quid over budget but you would save that on fuel I would imagine

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

[JackVTR]

Minimoto said:

Has anyone had issues with the Affinity A3 offers? I had put in for one but got declined on the finance which is a first for me (3 x VWFS leases prior with no issues) the funder was ALD, not VWFS like I thought.

I ended up going ahead on an A5 Sportback 35 TDI S-tronic Sport through Claris Vehicle Sourcing instead (Audi Loyalty deal), finance went through without issue, 6x23 8k pa £230pm - only option I spec'd was the alternative alloys. Ibis white with atlas beige/cream leather, never had anything other than black so fancied a change - even if the broker did ask me 3 times if I reaaaally wanted beige interior...

Delivery expected Nov/Dec which ties in nicely with my A3 going back. I think it's a very decent deal considering I'm paying 10 quid less a month for a 1 litre A3 on the same terms (actually less miles, 5k).

No issues here, although I was surprised that it was ALD and not VWFS.

My order is being process and I'm waiting for order confirmation. I assume this is a build slot from Audi.

Like everyone else, I struggled to find a deal. Luckily we were able to wait and this A3 came along. 1+35 £230 PM but had to pay a £216 admin fee which is annoying.

Think the deal is still available with Affinity if anybody else is interested.

[Driller38]

Just signed finance with lex auto lease on the 2008 GT electric car and it is only 5 k miles does lex ever do the cheap extra miles like VWFS does?

Just asking will try mid lease anyway

[Blown2CV]

Driller38 said:

Just signed finance with lex auto lease on the 2008 GT electric car and it is only 5 k miles does lex ever do the cheap extra miles like VWFS does?

Just asking will try mid lease anyway

i don't think any of them every do cheap extra miles. Contracting to 5k and then asking for 10k will mean you pay up to the same cost you'd have paid if you'd gone for 10k originally, as I understand it. Similarly, the excess mileage charge works the same way, just pro-rata down to the nearest mile. You probably did the right thing going low though, as i think most of us are doing fewer less miles than we thought were going to before COVID.

[tuonopepper]

brittas14 said:

I personally don’t see it as a ‘lease trap’. We all know the potential risks and advantages of leasing a vehicle. You make it sound like lenders have tried to snare you with cheap deals and then whack the prices up when your deal ends, but that’s just not the case.

What has happened is that things have changed since many of us took leases out 2-3 years ago. As well as inevitable manufacturer price increases we have a huge amount of uncertainty in markets and economies.

Everyone needs to adjust their expectations.

Agree, there's many types of funding and its a case of take the best route that gets you what you want or for the price you want at the time you need it. I've bought outright before and PCP'd before, last 2 have been leases, just changed wifes car and went PCP.... It all depends on best option at the time

[Monkeylegend]

Blown2CV said:

Monkeylegend said:

Blown2CV said:

Regular reminder that leasing isn't mandatory. If you can't find a good deal, you can just go and get a used car on a loan... no one needs a new car, it's just a nice to have. No point getting upset about lack of deals, it's just the way it is right now.

But..................but..........what will the neighbours think

that's literally what it is isn't it

[Zoon]

Blown2CV said:

i don't think any of them every do cheap extra miles. Contracting to 5k and then asking for 10k will mean you pay up to the same cost you'd have paid if you'd gone for 10k originally, as I understand it. Similarly, the excess mileage charge works the same way, just pro-rata down to the nearest mile. You probably did the right thing going low though, as i think most of us are doing fewer less miles than we thought were going to before COVID.

I have seen offers where the excess mileage is massively cheaper than the upfront cost for the same amount of miles.

[Sten.]

Blown2CV said:

Monkeylegend said:

Blown2CV said:

Regular reminder that leasing isn't mandatory. If you can't find a good deal, you can just go and get a used car on a loan... no one needs a new car, it's just a nice to have. No point getting upset about lack of deals, it's just the way it is right now.

But..................but..........what will the neighbours think

that's literally what it is isn't it

No.

[King James]

Mo28 said:

BMW 320d M Sport Touring in stock

36+3
10k pa

£278.40 a month
£954 initial
£118 additional fees

https://leasing.com/independent-brokers/vertu-leas...

Pretty good deal if it's true, wouldn't waste time by sending over an enquiry, phone them up instead.

Edited by Mo28 on Wednesday 29th July 10:19

Edited by Mo28 on Wednesday 29th July 10:21

Got hold of them this morning as was ready to go and turned out to be a typo

[Blown2CV]

Zoon said:

Blown2CV said:

i don't think any of them every do cheap extra miles. Contracting to 5k and then asking for 10k will mean you pay up to the same cost you'd have paid if you'd gone for 10k originally, as I understand it. Similarly, the excess mileage charge works the same way, just pro-rata down to the nearest mile. You probably did the right thing going low though, as i think most of us are doing fewer less miles than we thought were going to before COVID.

I have seen offers where the excess mileage is massively cheaper than the upfront cost for the same amount of miles.

weird things can happen yes but there isn't a default "gimme cheap miles" thing on every deal, part way

[Jobbo]

UKADV said:

The other factor (tied in with economic risk and uncertainty) is the regulatory need to be a responsible lender. Personal leasing has become mainstream and lenders need to ensure their processes are fit for purpose to the mainstream. As a regulated lender myself I'm not certain they are. A reducing 8k 2 yr debt for example is a relatively big risk for both leasor and leasee.

How is a reducing £8k debt a big risk? If it is, how big a risk is a £30k debt for a PCP buyer?

[UKADV]

Jobbo said:

UKADV said:

The other factor (tied in with economic risk and uncertainty) is the regulatory need to be a responsible lender. Personal leasing has become mainstream and lenders need to ensure their processes are fit for purpose to the mainstream. As a regulated lender myself I'm not certain they are. A reducing 8k 2 yr debt for example is a relatively big risk for both leasor and leasee.

How is a reducing £8k debt a big risk? If it is, how big a risk is a £30k debt for a PCP buyer?

Average personal loan debt is around 5k so its a "relatively" big risk as stated above. PCP, (the product and its peddlers) will end in tears.

[Scrump]

Continued over here:
https://www.pistonheads.com/gassing/topic.asp?h=0&...