Best Lease Car Deals Available? (Vol 10)

Best Lease Car Deals Available? (Vol 10)

Author
Discussion

paulb22

1 posts

27 months

Saturday 14th May
quotequote all
Hi can anyone help, looking for a second car on a 8k lease for 24/36 months with low deposit. Seen a golf for £318 per month but would prefer to be around £250 a month, not fussed on being brand new or ex demo if that’s better option to meet my needs, thanks

jam_up

120 posts

51 months

Saturday 14th May
quotequote all
My mk7.5 GTD is due back in 4 months so I thought I’d ask for a purchase price - £22.8k!! (its done 38k miles, 36 mth PCH) laugh

£300 p/m (15k p/a) to extend for 6 months which doesn’t seem bad given the current market but most likely it’s back to the used market for me!

wemorgan

3,497 posts

155 months

Saturday 14th May
quotequote all
paulb22 said:
Hi can anyone help, looking for a second car on a 8k lease for 24/36 months with low deposit. Seen a golf for £318 per month but would prefer to be around £250 a month, not fussed on being brand new or ex demo if that’s better option to meet my needs, thanks
https://www.leaseloco.com/
https://leasing.com/

Gareth1974

3,089 posts

116 months

Saturday 14th May
quotequote all
paulb22 said:
Hi can anyone help, looking for a second car on a 8k lease for 24/36 months with low deposit. Seen a golf for £318 per month but would prefer to be around £250 a month, not fussed on being brand new or ex demo if that’s better option to meet my needs, thanks
https://leasing.com/independent-brokers/carleasespecialoffers/nissan/qashqai/L0102770000000258649/

Kayess5

112 posts

33 months

Saturday 14th May
quotequote all
justa1972 said:
Yes it was and no they wouldn’t unless you take another lease out with them.
Ah thanks a lot. Mine goes back in Aug but I’m planning to give it back a month early to save on the 3rd service. I bet Mercedes will say to change brake pads and tyres and I’m in no mood to spend £1000 on a service before I give the car back!

Silly times indeed, no good deals vs pre pandemic.

vp415h

13 posts

Saturday 14th May
quotequote all
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?

Gazzab

19,740 posts

259 months

Sunday 15th May
quotequote all
This is a lease thread not pcp’s. You’ll need to post elsewhere I’m afraid.

ED209

5,273 posts

221 months

Sunday 15th May
quotequote all
vp415h said:
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?
It’s not a lease it’s a PCP. Two totally different things.

Rscut

502 posts

94 months

Sunday 15th May
quotequote all
vp415h said:
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?
I’ll answer your question even if others won’t. In essence what you are saying is you plan to treat it as a 24 month deal. If this is the case it doesn’t seem like a good deal!

£5000 (deposit) divided by 24 is £208.33pm

£208.33 + £525.11 = £733.44pm

£17,602.64 over 24 months which is 41% of the cars value.

Because it’s a PCP you will have to pay road tax which will be over £500 because the car costs over 40k.

charltjr

4,285 posts

172 months

Sunday 15th May
quotequote all
ED209 said:
vp415h said:
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?
It’s not a lease it’s a PCP. Two totally different things.
Indeed. And this bit “ While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.” is completely wrong. 50% payment will be much more as it includes the ballon payment. Definitely ask in the car buying part of the forum as it seems you’re very confused about the product.

The only form of lease with a final value is called “lease purchase with ballon” - but in that you cannot hand the car back and commit to buying it at the end of the lease period, so again it’s very different to PCH (Personal contract hire) which is the type of deals in this thread.


Edited by charltjr on Sunday 15th May 10:12

Gareth1974

3,089 posts

116 months

Sunday 15th May
quotequote all
charltjr said:
ED209 said:
vp415h said:
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?
It’s not a lease it’s a PCP. Two totally different things.
Indeed. And this bit “ While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.” is completely wrong. 50% payment will be much more as it includes the ballon payment. Definitely ask in the car buying part of the forum as it seems you’re very confused about the product.

The only form of lease with a final value is called “lease purchase with ballon” - but in that you cannot hand the car back and commit to buying it at the end of the lease period, so again it’s very different to PCH (Personal contract hire) which is the type of deals in this thread.


Edited by charltjr on Sunday 15th May 10:12
For what it's worth you can PCH the car on the same terms as the PCP with a £2000 lower initial payment and £25 a month less, but of course without the option to terminate at the 50% stage.

https://www.whatcar.com/car-leasing/deals/audi/q5-...

vp415h

13 posts

Sunday 15th May
quotequote all
Rscut said:
I’ll answer your question even if others won’t. In essence what you are saying is you plan to treat it as a 24 month deal. If this is the case it doesn’t seem like a good deal!

£5000 (deposit) divided by 24 is £208.33pm

£208.33 + £525.11 = £733.44pm

£17,602.64 over 24 months which is 41% of the cars value.

Because it’s a PCP you will have to pay road tax which will be over £500 because the car costs over 40k.
Thank you so much - this helps.

vp415h

13 posts

Sunday 15th May
quotequote all
Gareth1974 said:
For what it's worth you can PCH the car on the same terms as the PCP with a £2000 lower initial payment and £25 a month less, but of course without the option to terminate at the 50% stage.

https://www.whatcar.com/car-leasing/deals/audi/q5-...
Thank you - ill check it.

vp415h

13 posts

Sunday 15th May
quotequote all
charltjr said:
Indeed. And this bit “ While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.” is completely wrong. 50% payment will be much more as it includes the ballon payment. Definitely ask in the car buying part of the forum as it seems you’re very confused about the product.

The only form of lease with a final value is called “lease purchase with ballon” - but in that you cannot hand the car back and commit to buying it at the end of the lease period, so again it’s very different to PCH (Personal contract hire) which is the type of deals in this thread.


Edited by charltjr on Sunday 15th May 10:12
Thank you

justa1972

277 posts

114 months

Sunday 15th May
quotequote all
Kayess5 said:
Ah thanks a lot. Mine goes back in Aug but I’m planning to give it back a month early to save on the 3rd service. I bet Mercedes will say to change brake pads and tyres and I’m in no mood to spend £1000 on a service before I give the car back!

Silly times indeed, no good deals vs pre pandemic.
Unfortunately I’ve had to put 2 new front tyres on - I’m sending my car back after the last payment to avoid 3rd service and MOT - I dread to think how much that will cost !

Jazzert501

92 posts

67 months

Sunday 15th May
quotequote all
Jazzert501 said:
LeeRad said:
Jazzert501 said:
LeeRad said:
Jay_P said:
Nationwide Seat Ibiza, ordered in Oct 21. Finally have a confirmed build date of mid April so getting there!
Had a mail from them yesterday with a reg number for mine! Hopefully delivery next week


Mine was a 1.0 TSI Xcellence Lux DSG7 in Desire Red.
8K miles PA, 6+35 £189 incuding full


Fingers crossed you have more luck getting the car ,this bunch of chancers still have my deposit despite canceling in December and repeated emails saying the deposit would be back in my account soon.
interesting you should say that, I've had no issues and they are generally well reviewed on here, lots of good experiences
Had another " deposit will be returned conversation last week"
,still no deposit,taking it up with trading standards now.
Deposit finally returned, hope you car arrived, that is a great deal!

Kayess5

112 posts

33 months

Sunday 15th May
quotequote all
justa1972 said:
Unfortunately I’ve had to put 2 new front tyres on - I’m sending my car back after the last payment to avoid 3rd service and MOT - I dread to think how much that will cost !
But won’t your service indicator come up automatically in the last month? Then you get into all kinds of technicalities where they charge you for a missed service etc. Hence why my reluctance to keep the car in the last month. That 3rd service would be big and for a lease car which is going back doesn’t make sense.

Marcus_a

159 posts

75 months

Monday 16th May
quotequote all
So I FTK on a Golf R in October 2021 with Affinity.... earlier in the year I was allocated a June '22 build week. That BW dropped out and it's now been given a build week in November 22 (13 months after order)!

Did anyone else order one of these at a similar time, and how is your order coming along?

worsy

5,170 posts

152 months

Monday 16th May
quotequote all
charltjr said:
ED209 said:
vp415h said:
Need help to asses the quote for a Audi Q5 2021 with 8000 miles (was a loaner car)

Its PCP lease offer

Model - Q5 ESTATE 45 TFSI Quattro S Line 5dr S Tronic

Period of Lease 49 Months
Cash Price - 43024
Initial Down - 5000
Balance/Amount of Credit - 38024
Additional Charges - 8105
Total Balance car value - 46129
Monthly lease - 525.11

Final rental after lease - 20,923
APR 6.9%

While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.

I only intend to use for two years out of the 4 year lease is the offer worth it? is there any catch that i am missing? have anyone else any experience with Audi with this kind of offer or lease agreement?
It’s not a lease it’s a PCP. Two totally different things.
Indeed. And this bit “ While Audi offer to get off the lease without any penalties after 50% of payment is done so in this quote, i can return vehicle anytime without any charges after i pay around 13000 GBP.” is completely wrong. 50% payment will be much more as it includes the ballon payment. Definitely ask in the car buying part of the forum as it seems you’re very confused about the product.

The only form of lease with a final value is called “lease purchase with ballon” - but in that you cannot hand the car back and commit to buying it at the end of the lease period, so again it’s very different to PCH (Personal contract hire) which is the type of deals in this thread.


Edited by charltjr on Sunday 15th May 10:12
This. It will be (43024+8105)/2 = 25564.

5k down plus 525 a month will be Month 39.

justa1972

277 posts

114 months

Monday 16th May
quotequote all
Kayess5 said:
But won’t your service indicator come up automatically in the last month? Then you get into all kinds of technicalities where they charge you for a missed service etc. Hence why my reluctance to keep the car in the last month. That 3rd service would be big and for a lease car which is going back doesn’t make sense.
Car isn’t due back until July 15 and I had it serviced a couple of weeks late so not due a service until end of July …