Leasing - General Discussion

Leasing - General Discussion

Author
Discussion

R2x

230 posts

47 months

Tuesday 29th December 2020
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essayer said:
Windscreen chip at end of lease - this is about 1cm across, low down, approx 4/10ths across from nearside.. repair replace or leave? PSA, if that makes any difference

I suggest that you call the finance company and ask what their wear and tear guidelines are regarding chipped windscreens.

As an example, hitachi’s end of lease guide says
“Damage in excess of 10mm in the driver’s line of vision (a vertical strip 290mm wide centred on the steering wheel), or in excess of 40mm elsewhere in an area swept by the wiper blades is NOT acceptable”

You may be able to avoid a repair depending on the guidelines. The only concern would be if you bounce the car down a pothole the day before collection, and the chip becomes a crack smash

Edit to add- I see you also said the chip is low down. When I had to get a low down chip repair to my S3, I was told that if the chip is within a specific distance from the bottom of the screen, it must be replaced and not repaired. I can’t remember how far exactly though, sorry

Edited by R2x on Tuesday 29th December 23:46

340600

554 posts

144 months

Wednesday 30th December 2020
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Apologies if this has been covered elsewhere but has anyone had experience of buying their car at the end of a PCH agreement and how it works in practice (specifically with Lex in this case)? Are they likely to quote an inflated purchase price and is there room for negotiation?

Gambler81

68 posts

92 months

Wednesday 30th December 2020
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blank said:
Any experiences of extending a lease with Leaseplan?

I'm 2 years into a 3 year lease and looking at the current deals not hopeful of finding a decent replacement.

Lease is fully maintained so warranty hopefully not an issue.
I had a 2 year lease with leaseplan, they offered 10% discount for a 12 month extension and 5% for 6 months.

I was umming and aaahing when they let slip I could informally extend at the same rate which is what I went for. For the sake of £20 per month I prefer to keep my options open.

essayer

9,091 posts

195 months

Wednesday 30th December 2020
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PSA just told me they don’t extend leases except informally waiting delivery of a new vehicle - is this true?

blank

3,464 posts

189 months

Wednesday 30th December 2020
quotequote all
Gambler81 said:
blank said:
Any experiences of extending a lease with Leaseplan?

I'm 2 years into a 3 year lease and looking at the current deals not hopeful of finding a decent replacement.

Lease is fully maintained so warranty hopefully not an issue.
I had a 2 year lease with leaseplan, they offered 10% discount for a 12 month extension and 5% for 6 months.

I was umming and aaahing when they let slip I could informally extend at the same rate which is what I went for. For the sake of £20 per month I prefer to keep my options open.
Thanks, hopefully they're happy going up to 4 years as I'd be happy with any of those options!

maz8062

2,254 posts

216 months

Thursday 31st December 2020
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Thanks to this and the other leasing thread, I managed to effect an informal lease on my current Tiguan 1.4TSI

- picked up on 9x24 in March 18 at £181 per month.
- extended for 12 months which reduced payments to £141
- Approached VWFS to extend for 6/12 months - quotes coming in at £450 pm
- PH recommended informal extension.
- boom, 6 months extension at £141 per month.

Result!

Gmo177

27 posts

86 months

Thursday 31st December 2020
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Folks,

Firstly apologies if this has been covered. I'm looking for advice/previous experience in relation to a dealership producing the wrong paperwork which unfortunately my Wife has signed.

Essentially she has signed paperwork for a PCH without maintenance however all communication, including a pdf created by the business manager 2 days before she collected the car, is all for PCH with maintenance.

The car developed a fault on Xmas which has been fixed. The car needs 2 new tyres and I told them to replace as we have a maintenance agreement.

The said we didn't and this is where all the issues have arises.

They are washing their hands off it, so I've sent an email to ALD with previous communication,.PDF's of quotes etc.

Realistically what's our chances of them admitting they are at fault?


maz8062

2,254 posts

216 months

Thursday 31st December 2020
quotequote all
Gmo177 said:
Folks,

Firstly apologies if this has been covered. I'm looking for advice/previous experience in relation to a dealership producing the wrong paperwork which unfortunately my Wife has signed.

Essentially she has signed paperwork for a PCH without maintenance however all communication, including a pdf created by the business manager 2 days before she collected the car, is all for PCH with maintenance.

The car developed a fault on Xmas which has been fixed. The car needs 2 new tyres and I told them to replace as we have a maintenance agreement.

The said we didn't and this is where all the issues have arises.

They are washing their hands off it, so I've sent an email to ALD with previous communication,.PDF's of quotes etc.

Realistically what's our chances of them admitting they are at fault?
It’ll come down to the differences in the monthly payments for with/without maintenance. If your wife signed an agreement that explicitly showed monthly payments without, that is the agreement that you have. The quotes are irrelevant IMO.

Also, some maintenance agreements do not include replacement of consumables such as tyres, brake pads etc. So best to check exactly what you have.

Good luck

Goates

48 posts

67 months

Tuesday 5th January 2021
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Anyone know if end of lease collections will be able to go ahead in this lockdown? I heard stories of a lot abandoned lease cars in the first/March lockdown that couldn't be collected, mine is due back on Friday.

ED209

5,750 posts

245 months

Tuesday 5th January 2021
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Goates said:
Anyone know if end of lease collections will be able to go ahead in this lockdown? I heard stories of a lot abandoned lease cars in the first/March lockdown that couldn't be collected, mine is due back on Friday.
Mine is due back next Friday I’m keen to find out as well


EyeHeartSpellin

668 posts

84 months

Thursday 7th January 2021
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Yes they will. Most companies use BCA now who do contactless insoection and collection. However and I cantvstress this enough, TAKE YOUR OWN PHOTOS BEFORE THEY COME.

They will sign collection report on your behalf.

Tomo1971

1,130 posts

158 months

Thursday 7th January 2021
quotequote all
ED209 said:
Goates said:
Anyone know if end of lease collections will be able to go ahead in this lockdown? I heard stories of a lot abandoned lease cars in the first/March lockdown that couldn't be collected, mine is due back on Friday.
Mine is due back next Friday I’m keen to find out as well
I've terminated early today and BCA currently operating as normal.... Inspection / collection same day.

Only put the winter wheels on it a month ago, got to take the buggers off again now.....

essayer

9,091 posts

195 months

Saturday 9th January 2021
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Anyone know what Free2Move charge for a missed service? Wondering if it’ll be less than the £269 I just got quoted - for the service the car wants four days before the contract ends frown

Gazzab

21,111 posts

283 months

Saturday 9th January 2021
quotequote all
essayer said:
Anyone know what Free2Move charge for a missed service? Wondering if it’ll be less than the £269 I just got quoted - for the service the car wants four days before the contract ends frown
Hand the car back early ?

loskie

5,273 posts

121 months

Saturday 9th January 2021
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IIRC the Astra I leased scheduled the service 12m to a max of 13m and similar on miles 20000 (I think) +1000 so the service was NOT overdue till month 13 or 21000m
So although it's due is it "Overdue"?

essayer

9,091 posts

195 months

Saturday 9th January 2021
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It says “service due in 1 week” but as it’s a French car the messages on screen often bear no reality to the truth. It was serviced on the 17th Jan last year and should be due by that date, but if the conditions based servicing decides it’s earlier than that, might stitch me up even if I arrange collection this week..
Worth a try though.

loskie

5,273 posts

121 months

Saturday 9th January 2021
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Look at the handbook for service schedule it will outline the parameters as I said above. If you don't have a physical handbook you will be able to find one online I'm sure.

Sebba

153 posts

174 months

Sunday 10th January 2021
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Can I get the pros & cons of putting down a high deposit for a lease? I know the obvious disadvantage of the initial outlay (& possible better use of the cash etc) but any others? What happens if the finance company goes bust?

I am considering leasing for 3 years & looking to put down 10k as initial downpayment; a couple of reasons: 1) overall cost is slightly cheaper 2) monthly outgoings are low & if i do decide to move and require a mortgage, my outgoings will look low.

May be a flawed thought process but any advice would be welcome.

Edited by Sebba on Sunday 10th January 15:26

Gazzab

21,111 posts

283 months

Sunday 10th January 2021
quotequote all
Sebba said:
Can I get the pros & cons of putting down a high deposit for a lease? I know the obvious disadvantage of the initial outlay (& possible better use of the cash etc) but any others? What happens if the finance company goes bust?

I am considering leasing for 3 years & looking to put down 10k as initial downpayment; a couple of reasons: 1) overall cost is slightly cheaper 2) monthly outgoings are low & if i do decide to move and require a mortgage, my outgoings will look low.

May be a flawed thought process but any advice would be welcome.

Edited by Sebba on Sunday 10th January 15:26
I think it means you will need gap insurance. If you write it off or it’s stolen you don’t want to be out of pocket

Sebba

153 posts

174 months

Sunday 10th January 2021
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Gazzab said:
I think it means you will need gap insurance. If you write it off or it’s stolen you don’t want to be out of pocket
Apologies but not sure I am with you? Do you mean that if the car gets stolen in month 2 (for example), the money I have paid in is a lost cause & I will still be liable for the shortfall of the car's cost? So double whammy in effect?