Best Lease Car Deals Available? (Vol 10)

[zayn]

Had a call from Keith @ CVL , grey available and potentially other colours too white, blue and red. If interested call asap

[Smithers1981]

Is the polo GTI a good deal thinking 3 years 8000 miles, be first lease and have 17 plate MK 7 Fiesta ST to then sell which will almost cover entire lease

[jasonrobertson86]

Smithers1981 said:

Is the polo GTI a good deal thinking 3 years 8000 miles, be first lease and have 17 plate MK 7 Fiesta ST to then sell which will almost cover entire lease

yes

[pespro]

Smithers1981 said:

Is the polo GTI a good deal thinking 3 years 8000 miles, be first lease and have 17 plate MK 7 Fiesta ST to then sell which will almost cover entire lease

It's a good deal.
If we assume the P11D is £30K, the all in price for 5K miles per year is £6877.
6877 / 30000 * 100 gives us 22.9 so 23% of the cars value over the two year term. Anything under 25% is good, under 20% is excellent.
This is usually for 10k miles per year though.

If you are wanting 8K miles per year, two year term its
7482 / 3000 * 100 gives us 24.92% so JUST acceptable.

[G944S]

Tempted by the Polo Gti deal so I can sell my mk8 Golf but can’t see it on the CVL website, also doesn’t look like they come with heated seats as standard and I assume these will all be basic spec?

[Pablo16v]

pespro said:

Smithers1981 said:

Is the polo GTI a good deal thinking 3 years 8000 miles, be first lease and have 17 plate MK 7 Fiesta ST to then sell which will almost cover entire lease

It's a good deal.
If we assume the P11D is £30K, the all in price for 5K miles per year is £6877.
6877 / 30000 * 100 gives us 22.9 so 23% of the cars value over the two year term. Anything under 25% is good, under 20% is excellent.
This is usually for 10k miles per year though.

If you are wanting 8K miles per year, two year term its
7482 / 3000 * 100 gives us 24.92% so JUST acceptable.

It's a 26% deal going by the normal way of calculating, over 24 months and 10K miles, no while not a great deal it's not all that bad either considering how crap the leasing market has been. If the ST is being sold to fund a lease @Smithers1981 just remember you're handing the car back at the end so you'll need to have cash in hand to fund the next car. That's 3 years down the line though so you might not be worrying about that

[Dan123collins]

G944S said:

Tempted by the Polo Gti deal so I can sell my mk8 Golf but can’t see it on the CVL website, also doesn’t look like they come with heated seats as standard and I assume these will all be basic spec?

Just be prepared the polo is a big step down in my opinion. We have 2 mk7 golfs in the household and had a brand new polo as a loaner - it had a manual handbrake - so no hill hold, manual climate control, no adaptive cruise control and overall felt cheap inside even compared to our 10 year old golf.

[G944S]

Dan123collins said:

Just be prepared the polo is a big step down in my opinion. We have 2 mk7 golfs in the household and had a brand new polo as a loaner - it had a manual handbrake - so no hill hold, manual climate control, no adaptive cruise control and overall felt cheap inside even compared to our 10 year old golf.

Thanks for that, I really should go and sit in one.

I’ve got a history of leasing cars I’ve never driven but they have all worked out so far. I got rid of a mk7.5 Golf r as people kept trying to steal it and bought the Mk8 1.5 but just don’t like it.

[Spickles1972]

Does anyone have experience of sending back a lease car with missing service history? I have a Mazda CX30 going back next month after 22k miles and 3 years. It has never had a service. It’s a long story and I will be servicing it before it goes back. I am prepared for a penalty and realise this is a dumb situation to be in but was wondering if anyone had any experiences in the past with this?

[ACCYSTAN]

Do the service before it goes back and say nothing

Get a print out of the service

[Gazzab]

Spickles1972 said:

Does anyone have experience of sending back a lease car with missing service history? I have a Mazda CX30 going back next month after 22k miles and 3 years. It has never had a service. It’s a long story and I will be servicing it before it goes back. I am prepared for a penalty and realise this is a dumb situation to be in but was wondering if anyone had any experiences in the past with this?

Depends on the contract terms. I believe it can be cheaper to not service and take the cheaper penalty.

[Duple]

Spickles1972 said:

Does anyone have experience of sending back a lease car with missing service history? I have a Mazda CX30 going back next month after 22k miles and 3 years. It has never had a service. It’s a long story and I will be servicing it before it goes back. I am prepared for a penalty and realise this is a dumb situation to be in but was wondering if anyone had any experiences in the past with this?

This happened at work with an ALD lease. 2 were missing, they got a fine per missing service.

[Spickles1972]

Do you know how much the fine was?

[PenelopaPitstop]

Which company is it? Some publish fees online or other people may know.

[Spickles1972]

PenelopaPitstop said:

Which company is it? Some publish fees online or other people may know.

I have just checked the Santander agreement (finance house is Mazda finance although in January they twinned with Toyota finance) and it states £120 per missed service. I was wondering if this was just Santander charge and the finance house would also add a charge. It seems odd to just be £120 as this would encourage missing services. They use the BVRLA guidelines

[Sheepshanks]

That might be all they pay - I was accidentally given a VWFS service invoice a few yrs ago and it was £68.

[Gazzab]

Spickles1972 said:

PenelopaPitstop said:

Which company is it? Some publish fees online or other people may know.

I have just checked the Santander agreement (finance house is Mazda finance although in January they twinned with Toyota finance) and it states £120 per missed service. I was wondering if this was just Santander charge and the finance house would also add a charge. It seems odd to just be £120 as this would encourage missing services. They use the BVRLA guidelines

Yep that’s right it’s cheaper to miss services ! But clearly most people will not want to take the risk of invalidating the warranty.

[PostHeads123]

G944S said:

Tempted by the Polo Gti deal so I can sell my mk8 Golf but can’t see it on the CVL website, also doesn’t look like they come with heated seats as standard and I assume these will all be basic spec?

If it's same stock Nationwide leasing had they are all bogo spec pre registered Sept last year on a 73 plate, all there stock was gone middle of last week.

Edited by PostHeads123 on Sunday 14th July 14:29

Edited by PostHeads123 on Sunday 14th July 14:30

[zayn]

Dan123collins said:

Just be prepared the polo is a big step down in my opinion. We have 2 mk7 golfs in the household and had a brand new polo as a loaner - it had a manual handbrake - so no hill hold, manual climate control, no adaptive cruise control and overall felt cheap inside even compared to our 10 year old golf.

These are 2023 pre reg models, they have adaptive cruise and climate standard. Only extra was heated seats and reverse camera

[PostHeads123]

zayn said:

These are 2023 pre reg models, they have adaptive cruise and climate standard. Only extra was heated seats and reverse camera

Did cvl still have stock then and you secured one ? I When I spoke to Nationwide they were all gone early last week, plus non had extras so no reverse camera etc and they just had black.