Best Lease Car Deals Available? (Vol 10)

Best Lease Car Deals Available? (Vol 10)

Author
Discussion

Actus Reus

4,236 posts

156 months

Wednesday 10th April
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Rscut said:
Feel like I’m in a good position to answer this as we have a 23 plate VW ID3 Tour Pro S on lease and I recently purchased a 70 plate Model 3 LR. I much prefer the Model 3 to the ID3. The ID3 is a nice enough car but the Model 3 just feels more special. They both have 77kwh batteries and give similar range (Model 33 is better in the winter due to the heat pump) but the Model 3 is ALOT faster!

Tesla offer a 4 year 50k warranty so I still have 7 months warranty left and can simply create a claim on the app and they send someone out to look at the car - not done this yet but will give it a thorough check before the warranty ends.
Intersecting - thanks. I think once a Tesla is sub 30k the cost to own over 2 years and 12k miles is likely to be similar or less than a new lease at ca £350pcm so owning a Tesla is starting to look like the better choice, financially at least.

Ajg88

23 posts

39 months

Wednesday 10th April
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PenelopaPitstop said:
Whatever value your put in the quote, you will only get market value in case of the claim. Gap insurance sale is almost stopped, so consider buying it by the end of the month. Few providers are still selling it.
Argh so I'd be OK just leaving it at 37000 then ?

Also thanks for the advice on the gap insurance, I wasn't aware of the pause just read a couple of articles

essjay2009

2 posts

1 month

Wednesday 10th April
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In addition to the M2 and XM deals there are a few semi-decent M3 deals knocking around as of late. So far as I'm aware, these have all cropped up in the last couple of weeks.

There's an XDrive Touring/Estate for £700 on 9+23 from ContractCars and a saloon XDrive on leasing.com (through Sytner, but not on Sytner's site for some reason) for £688 9 + 23. Both factory order and 6k/pa. There are a few other variations out there for similar overall money with slightly different terms/fees if you go hunting (I think the overall cheapest was on Select, but that was RWD only). BMW dealer was quoting well over £1k for similar, so whilst not cheap, they might still be decent value.

I got an X4 M Competition going back in a few months (that I got on a very good deal during the heady days of covid) so quite tempted by these.

loskie

5,287 posts

121 months

Thursday 11th April
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mcdjl said:
Are there any lease companies which will allow a useful mileage, ie 18,000 rather than the pointless 6,000 pa? That is without trebling the advertised price?
they allow it but don't advertise it as you've found. If they did folks would not bother clicking. It's marketing guff surely you can see that?


Use a lease comparison site or do some phoning around to dealers fleet sections rather than retail.

Actus Reus

4,236 posts

156 months

Thursday 11th April
quotequote all
Rscut said:
Feel like I’m in a good position to answer this as we have a 23 plate VW ID3 Tour Pro S on lease and I recently purchased a 70 plate Model 3 LR. I much prefer the Model 3 to the ID3. The ID3 is a nice enough car but the Model 3 just feels more special. They both have 77kwh batteries and give similar range (Model 33 is better in the winter due to the heat pump) but the Model 3 is ALOT faster!

Tesla offer a 4 year 50k warranty so I still have 7 months warranty left and can simply create a claim on the app and they send someone out to look at the car - not done this yet but will give it a thorough check before the warranty ends.
Intersecting - thanks. I think once a Tesla is sub 30k the cost to own over 2 years and 12k miles is likely to be similar or less than a new lease at ca £350pcm so owning a Tesla is starting to look like the better choice, financially at least.

Toaster Pilot

14,622 posts

159 months

Thursday 11th April
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mcdjl said:
Are there any lease companies which will allow a useful mileage, ie 18,000 rather than the pointless 6,000 pa? That is without trebling the advertised price?
Always amazed when people ask this - it’s obviously going to cost considerably more to do 3x the mileage, why wouldn’t it?

PenelopaPitstop

2,173 posts

134 months

Thursday 11th April
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Clue is to find a car with low excess miles. Like VAG stuff used to have 3.6p or 6p for smaller engines. Even 10p, depending on the deal.


yellowbentines

5,352 posts

208 months

Thursday 11th April
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mcdjl said:
Are there any lease companies which will allow a useful mileage, ie 18,000 rather than the pointless 6,000 pa? That is without trebling the advertised price?
As another poster said, it's all marketing - put the mileage down at 5/6k and the upfront at 9 or 12 months and it makes the monthly payment look as small and attractive as possible.

Most leasing sites like leaseloco and leasing.com allow you to adjust.

I have 15k pet annum allowance and I'm with Santander but you need to contact them for prices, they don't really advertise them.

What I have found is that increasing mileage to 12/15k absolutely kills the deal on EVs, demonstrating the higher mileage driver still needs an alternative.

jgrewal

768 posts

48 months

Thursday 11th April
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That XM deal is a stormer! Huge ugly car but damn I like it smile

V 02

2,060 posts

61 months

Thursday 11th April
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strippier said:
I sold my 2017 330e with 52k miles, got £14k but did take 4 weeks to shift. Guess depends what you think is a silly offer.
Mine’s a good spec and up for only £11200 with full bmw history yet no interest. High mileage at 86k (motorway) but people are offering stupid numbers like 8 or 9k

MR94

141 posts

60 months

Thursday 11th April
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For those tempted, I’ve just spoken with Leasing Options and that XM deal I posted on the previous page is genuine…

I’m ridiculously tempted.

335dTot

906 posts

160 months

Thursday 11th April
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MR94 said:
For those tempted, I’ve just spoken with Leasing Options and that XM deal I posted on the previous page is genuine…

I’m ridiculously tempted.
Just don’t look at the options list.

(I know you wouldn’t go mad on options on a lease)

Luanmapo

80 posts

35 months

Thursday 11th April
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MR94 said:
For those tempted, I’ve just spoken with Leasing Options and that XM deal I posted on the previous page is genuine…

I’m ridiculously tempted.
It definitely is a good deal if you pay 9mths upfront and only do 5000 miles a year. As for every subsequent 1000miles per annum it whacks it up approx 60pcm. Making the additional mileage 72p per mile. Something to consider anyhow.

mcdjl

5,451 posts

196 months

Thursday 11th April
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yellowbentines said:
As another poster said, it's all marketing - put the mileage down at 5/6k and the upfront at 9 or 12 months and it makes the monthly payment look as small and attractive as possible.

Most leasing sites like leaseloco and leasing.com allow you to adjust.

I have 15k pet annum allowance and I'm with Santander but you need to contact them for prices, they don't really advertise them.

What I have found is that increasing mileage to 12/15k absolutely kills the deal on EVs, demonstrating the higher mileage driver still needs an alternative.
I guess I get that, it's just that 6k miles gets me to work and the shops and nothing else over a year. I didn't think I was that unusual with my mileage! Though I guess most of my wife's mileage this year has been to the mot center so maybe it makes sense....

yellowbentines

5,352 posts

208 months

Thursday 11th April
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mcdjl said:
I guess I get that, it's just that 6k miles gets me to work and the shops and nothing else over a year. I didn't think I was that unusual with my mileage! Though I guess most of my wife's mileage this year has been to the mot center so maybe it makes sense....
No, I get you also, as I say I have 15k mileage allowance each year and I'm creeping over it - I don't think I could bring myself to pay some of the sums being asked for 5/6k miles each year, I'd feel like I was paying too much for a driveway ornament.

Fusss

282 posts

81 months

Thursday 11th April
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Current lease is up in September so gone for the following to make sure its here in time.

Kia Proceed GT-Line 138 1.5 Petrol, Manual. In the bog standard infra red colour.

1+35 terms, 13k mileage. £320 per month. Got the broker fee waived as well.

Seemed the best size, equipped and looking car in my price range due to the high miles I have to put on it. Usually go for 15k, but the extra mileage charge is only 6p a mile, and isn't tiered so not a bank break for each extra 1k if I do go over.


kayum

78 posts

141 months

Thursday 11th April
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V 02 said:
Mine’s a good spec and up for only £11200 with full bmw history yet no interest. High mileage at 86k (motorway) but people are offering stupid numbers like 8 or 9k
hey mate I will be interested to know more information about the car, anyway I can get hold of you?

WillB

214 posts

262 months

Thursday 11th April
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Fusss said:
Current lease is up in September so gone for the following to make sure its here in time.

Kia Proceed GT-Line 138 1.5 Petrol, Manual. In the bog standard infra red colour.

1+35 terms, 13k mileage. £320 per month. Got the broker fee waived as well.

Seemed the best size, equipped and looking car in my price range due to the high miles I have to put on it. Usually go for 15k, but the extra mileage charge is only 6p a mile, and isn't tiered so not a bank break for each extra 1k if I do go over.
Have you got a link to this deal? I have a mate looking for something similar. Thanks!

Nobiggie

8 posts

6 months

Fusss

282 posts

81 months

Thursday 11th April
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WillB said:
Have you got a link to this deal? I have a mate looking for something similar. Thanks!
It was via Gateway2Lease broker, actual lease will be through Arval.