Leasing - General Discussion

Leasing - General Discussion

Author
Discussion

loskie

5,144 posts

119 months

Wednesday 14th October 2020
quotequote all
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.

roadsmash

2,622 posts

69 months

Wednesday 14th October 2020
quotequote all
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.

lenny6582

15 posts

76 months

Wednesday 14th October 2020
quotequote all
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
I called VWFS when I had to replace tyres on my A4 and they just said it had to be 1 of 4 manufactures, off the top of my head I think it was Pirelli, Good Year, Dunlop and Michelin. It had P Zeros on but the Dunlop Sports were a lot cheaper to replace them with, saying that though I didn't reference my initial lease documentation to see if I could put cheaper.

However with it being the only contact with the road I don't mind spending more on tyres after experiencing cheap tyres on an A3 I bought in the past

roadsmash

2,622 posts

69 months

Wednesday 14th October 2020
quotequote all
lenny6582 said:
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
I called VWFS when I had to replace tyres on my A4 and they just said it had to be 1 of 4 manufactures, off the top of my head I think it was Pirelli, Good Year, Dunlop and Michelin. It had P Zeros on but the Dunlop Sports were a lot cheaper to replace them with, saying that though I didn't reference my initial lease documentation to see if I could put cheaper.

However with it being the only contact with the road I don't mind spending more on tyres after experiencing cheap tyres on an A3 I bought in the past
They’ve probably told you that because they don’t know what they’re talking about they know that the tyres that fit your wheels from those 4 manufacturers happen to only be available with the correct specifications.

If you check your lease documentation, it will not be brand specific. As long as the tyre meets their recommendations of type, size, speed etc. then it is fine.

There may be other requirements as well such as having the same tyre across all axles etc, but brand specific? No.

Not that I endorse putting ditchfinders on any car, but the fact remains.

Pablo16v

2,072 posts

196 months

Thursday 15th October 2020
quotequote all
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
That's different to my last two VWFS leases which stated that replacement tyres had to be from a premium brand and of the same specification as originally fitted. That was for VW & Skoda leases though, not Audi, and on both collections the inspector noted the brands along with the condition of the tyres.

Cabsi

259 posts

138 months

Thursday 15th October 2020
quotequote all
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
Agreed, but Audi, and other premium brands like BMW, do spec their own tyres that are marked accordingly on the sidewall. These are only with premium brands. I think they would be pretty anal if they picked you up for it, but the risk remains.

jonwm

2,504 posts

113 months

Thursday 15th October 2020
quotequote all
Cabsi said:
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
Agreed, but Audi, and other premium brands like BMW, do spec their own tyres that are marked accordingly on the sidewall. These are only with premium brands. I think they would be pretty anal if they picked you up for it, but the risk remains.
When my VWFS Cupra went back he made a point of noting "Continental" on the sheet he was filling out, on my BMW the lease company insist on star marked tyres as they are BMW approved, it came with Pirelli it now has goodyear on which are star marked.

roadsmash

2,622 posts

69 months

Thursday 15th October 2020
quotequote all
Pablo16v said:
That's different to my last two VWFS leases which stated that replacement tyres had to be from a premium brand and of the same specification as originally fitted. That was for VW & Skoda leases though, not Audi, and on both collections the inspector noted the brands along with the condition of the tyres.
Are you claiming this premium requirement was mentioned in the lease agreement’s T&C’s? Or just mentioned over the phone/email to you?

I’d be very surprised if that terminology was in any official terms, because the word “premium” is completely subjective. What you may consider premium I may consider second-rate, for example.

Cabsi said:
Agreed, but Audi, and other premium brands like BMW, do spec their own tyres that are marked accordingly on the sidewall. These are only with premium brands. I think they would be pretty anal if they picked you up for it, but the risk remains.
Indeed.

From the BMW website:

“[BMW rated tyres] have been tested and developed in partnership with leading tyre manufacturers to ensure they harmonise with your BMW in the best way possible ensuring optimum performance, comfort and safety.”

Despite the marketing fluff... it is just a deal. A deal which ensures that those cars leave the factory with their tyres fitted.

It’s exactly the same as Pirelli having a deal with F1, so that the cars all drive round the circuits with the Pirelli badge on display for all to see.

jonwm said:
When my VWFS Cupra went back he made a point of noting "Continental" on the sheet he was filling out, on my BMW the lease company insist on star marked tyres as they are BMW approved, it came with Pirelli it now has goodyear on which are star marked.
As mentioned before, it’s likely that the only (or the vast majority of) Continentals that fit the Cupra’s wheels are all well within the required specifications. It’s just simpler for the appraisal guy to note down.

If he looked down and saw what looked to be a set of ditchfinders, the appraisal guy would probably check the tyres a bit closer, to check the spec is within the required ratings.

Regardless, if the tyres fit in with the BVRLA tyre guidelines, then you should NOT be penalised on return of the vehicle. And if you are penalised, then you have every right to appeal.

BVRLA guidelines below:



Like I said before, I do not recommend anyone putting cheap tyres on their cars, but just want to clarify the rules on this, as it is often misquoted and misunderstood.

If anyone wants to put a set of Pirelli P1’s on their Audi A4 then they can knock themselves out as far as I’m concerned. smile

nickfrog

20,872 posts

216 months

Thursday 15th October 2020
quotequote all
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
I never had any issues with Audi, Skoda or VW branded lease cars with VWFS. I even returned a A4 with a MO tyre (identical to the others apart from that, the AU version was not available). They couldn't give a st.

GaryG182

288 posts

222 months

Thursday 15th October 2020
quotequote all
Does anyone have any knowledge of “novating” a lease contract?

I’ve got an M2 Comp sat in the garage with 12000 miles, 10months remaining and no where to go...seems ridiculous paying ~£400 pcm for something I don’t need or even use....there’s only so many excuses I can give the missus for going out for a drive!

I’ve contacted Alphabet GB but in the meantime, any info?

Denno B

962 posts

204 months

Thursday 15th October 2020
quotequote all
GaryG182 said:
Does anyone have any knowledge of “novating” a lease contract?

I’ve got an M2 Comp sat in the garage with 12000 miles, 10months remaining and no where to go...seems ridiculous paying ~£400 pcm for something I don’t need or even use....there’s only so many excuses I can give the missus for going out for a drive!

I’ve contacted Alphabet GB but in the meantime, any info?
Normally have to pay 50% of remaining rentals.

GaryG182

288 posts

222 months

Thursday 15th October 2020
quotequote all
Denno B said:
Normally have to pay 50% of remaining rentals.
I had a quote to terminate and it was basically monthly rental x term!

I’m thinking someone might want to take over the lease and enjoy an M2 for 10 months, 12,000 miles for £4k

GaryG182

288 posts

222 months

Thursday 15th October 2020
quotequote all
Update from Alphabet GB-

“I can confirm, due to Financial Conduct Authority guidelines, we are unable to novate a regulated contract.

If the agreement cannot remain with the agreement holder for the full term, the vehicle will have to be returned to Alphabet subject to an early termination charge.”

I’ll keep it then!

As you were...

Gazzab

21,061 posts

281 months

Thursday 15th October 2020
quotequote all
Love the ‘due to FCA regulations’ - that’s motor trade bull.

Edited by Gazzab on Thursday 15th October 19:21

Pablo16v

2,072 posts

196 months

Thursday 15th October 2020
quotequote all
roadsmash said:
Pablo16v said:
That's different to my last two VWFS leases which stated that replacement tyres had to be from a premium brand and of the same specification as originally fitted. That was for VW & Skoda leases though, not Audi, and on both collections the inspector noted the brands along with the condition of the tyres.
Are you claiming this premium requirement was mentioned in the lease agreement’s T&C’s? Or just mentioned over the phone/email to you?

I’d be very surprised if that terminology was in any official terms, because the word “premium” is completely subjective. What you may consider premium I may consider second-rate, for example.
Yes, it was written in one of the documents that came in the post about looking after the car and replacing wear and tear items.....


roadsmash

2,622 posts

69 months

Thursday 15th October 2020
quotequote all
Pablo16v said:
roadsmash said:
Pablo16v said:
That's different to my last two VWFS leases which stated that replacement tyres had to be from a premium brand and of the same specification as originally fitted. That was for VW & Skoda leases though, not Audi, and on both collections the inspector noted the brands along with the condition of the tyres.
Are you claiming this premium requirement was mentioned in the lease agreement’s T&C’s? Or just mentioned over the phone/email to you?

I’d be very surprised if that terminology was in any official terms, because the word “premium” is completely subjective. What you may consider premium I may consider second-rate, for example.
Yes, it was written in one of the documents that came in the post about looking after the car and replacing wear and tear items.....

What does it say in the T&C’s?

nickfrog

20,872 posts

216 months

Friday 16th October 2020
quotequote all
roadsmash said:
What does it say in the T&C’s?
Exactly.

"Premium brand" means nothing. Everything is a premium brand compared to a Linglong.

I doubt the T&Cs (the only document that is relevant as that's what the consumer formally agrees to) say that.

JJMatrixx

747 posts

158 months

Friday 23rd October 2020
quotequote all
lenny6582 said:
roadsmash said:
loskie said:
From Audi agreement:

Replace any worn or damaged tyres with the same factory specification as originally supplied with the vehicle. You must
ensure that you replace tyres with the correct size and speed ratings. Do not mix tyres on an axle, or at all on 4 wheel
drive vehicles. Keep pressures in line with the manufacturer’s recommendations to avoid damage and additional wear.
Exactly, no brand requirements whatsoever.
I called VWFS when I had to replace tyres on my A4 and they just said it had to be 1 of 4 manufactures, off the top of my head I think it was Pirelli, Good Year, Dunlop and Michelin. It had P Zeros on but the Dunlop Sports were a lot cheaper to replace them with, saying that though I didn't reference my initial lease documentation to see if I could put cheaper.

However with it being the only contact with the road I don't mind spending more on tyres after experiencing cheap tyres on an A3 I bought in the past
For my wife's Touareg, I called VWFS and got a list of about 6 manufacturer's they accepted, one being Uniroyal, which were about £70 a corner less. No issues on hand back obviously.

griffster

172 posts

96 months

Friday 23rd October 2020
quotequote all
Naive Leaser here...be kind smile - I very much would like to lease a budget car, however am more than a little concerned that I may be viewed as 'financially unsuitable'

I am over 65 (66) and rely on lodgers for income - Can I 'self assess' and place a large deposit ( 9 / 12 mths on 2 / 3 yr lease) by way of good faith and have lease holder and myself simply accept that non payment = vehicle reclaim - I cannot prove high / stable income (but would ear mark a 6 mth lease payment buffer in a secure account to cover eventualities in addition to offering up to 12 mths rent as down payment , thus making far more risk free than the average 'vetted' customer)

It just seems that leasing is financially the best way to have hassle free new car motoring and I have had enough of stressful old car every day motoring

Guidance please

Gazzab

21,061 posts

281 months

Friday 23rd October 2020
quotequote all
griffster said:
Naive Leaser here...be kind smile - I very much would like to lease a budget car, however am more than a little concerned that I may be viewed as 'financially unsuitable'

I am over 65 (66) and rely on lodgers for income - Can I 'self assess' and place a large deposit ( 9 / 12 mths on 2 / 3 yr lease) by way of good faith and have lease holder and myself simply accept that non payment = vehicle reclaim - I cannot prove high / stable income (but would ear mark a 6 mth lease payment buffer in a secure account to cover eventualities in addition to offering up to 12 mths rent as down payment , thus making far more risk free than the average 'vetted' customer)

It just seems that leasing is financially the best way to have hassle free new car motoring and I have had enough of stressful old car every day motoring

Guidance please
Look on what car com for deals
There are some cheap deals for Skoda currently.
We can’t advise as to whether your income will satisfy the lenders. You need to speak to them.
My advice would be to find a deal online and then go, for example, to VW and get them to quote. Just make sure you know what the deal is eg if it’s PCH you need to speak to the commercial team at your dealer