Best Lease Car Deals Available? (Vol 10)

Best Lease Car Deals Available? (Vol 10)

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Discussion

pe_te

17 posts

41 months

Wednesday 15th March 2023
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A5 Sportback Sport, Base spec Sport trim. Petrol.
£315.29 23+9 10k miles, Sytner (No admin fee), via LeaseLoco.

£420.38 average monthlies

Price dropped y’day, so heading in the right direction.

If it’s VWFS and they keep their current policy of a 12 month extension at existing monthlies, this would effectively turn into a 9+35 at £315.29, or £385.35 average monthlies

Also not sure if this includes the loyalty discount - anyone know if that’s a set £ discount, or percentage? ContractCars have two different prices for ‘Audi Replacement’ and non-replacement, but no obvious correlation in what the discounts are. The A5 S Line on there has a £29.37 reduction per month, which starts to look like a decent deal if it could be applied with Sytner on this deal.

Horizon 301

169 posts

16 months

Wednesday 15th March 2023
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pe_te said:


A5 Sportback Sport, Base spec Sport trim. Petrol.
£315.29 23+9 10k miles, Sytner (No admin fee), via LeaseLoco.

£420.38 average monthlies

Price dropped y’day, so heading in the right direction.

If it’s VWFS and they keep their current policy of a 12 month extension at existing monthlies, this would effectively turn into a 9+35 at £315.29, or £385.35 average monthlies

Also not sure if this includes the loyalty discount - anyone know if that’s a set £ discount, or percentage? ContractCars have two different prices for ‘Audi Replacement’ and non-replacement, but no obvious correlation in what the discounts are. The A5 S Line on there has a £29.37 reduction per month, which starts to look like a decent deal if it could be applied with Sytner on this deal.
I’m not sure what this discount is. VWFS aren’t the ones giving you the good price, it’s the dealers in most cases giving a bigger deposit contribution on the lease to bring payments down. As such going to VWFS for prices means you probably are paying too much anyway? We have had many Audi’s with VWFS and we just go back to dealers for prices.

ArsE82

21,013 posts

187 months

Wednesday 15th March 2023
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Ordered our Tesla Model 3 yesterday and have the VRM already. Really impressed with Select so far.

Jazzert501

147 posts

90 months

Wednesday 15th March 2023
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Anyone up for a free VW CAMPER?

https://youtu.be/9v5HLRtab5s


Zoon

6,706 posts

121 months

Thursday 16th March 2023
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Jazzert501 said:
Anyone up for a free VW CAMPER?

https://youtu.be/9v5HLRtab5s

But it's not free as you no longer own it.
Should read as "anyone up for a free £2K"

MattyD803

1,716 posts

65 months

Thursday 16th March 2023
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pe_te said:


A5 Sportback Sport, Base spec Sport trim. Petrol.
£315.29 23+9 10k miles, Sytner (No admin fee), via LeaseLoco.

£420.38 average monthlies

Price dropped y’day, so heading in the right direction.

If it’s VWFS and they keep their current policy of a 12 month extension at existing monthlies, this would effectively turn into a 9+35 at £315.29, or £385.35 average monthlies

Also not sure if this includes the loyalty discount - anyone know if that’s a set £ discount, or percentage? ContractCars have two different prices for ‘Audi Replacement’ and non-replacement, but no obvious correlation in what the discounts are. The A5 S Line on there has a £29.37 reduction per month, which starts to look like a decent deal if it could be applied with Sytner on this deal.
The VWFS Contract Extension "Option" changed TWICE during the first 18 months of leasing with current Cupra, so don't rely on that. It's worked out OK for me, but don't take out a lease on anything than an assumption you will be offer 3 months informal. Anything beyond that will likely revert to a 'formal quote', which could easily go up significantly in the current climate.

Soprendo

128 posts

69 months

Thursday 16th March 2023
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Anyone done any of the Santander 123 deals recently? I seem to recall some saying in the past that nobody actually checks if you have a Santander 123 account. There are one or two in there that aren't hideous (by today's standards):

https://www.santanderconsumer.co.uk/offers/great-o...

soxboy

6,241 posts

219 months

Thursday 16th March 2023
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Soprendo said:
Anyone done any of the Santander 123 deals recently? I seem to recall some saying in the past that nobody actually checks if you have a Santander 123 account. There are one or two in there that aren't hideous (by today's standards):

https://www.santanderconsumer.co.uk/offers/great-o...
I’ve only had regard to the Volvo deals, just because I took delivery of one in September and like to see how they are moving. The Santander deals are not great in terms of the last 6-9 months, but better than the mainstream brokers at the moment.

Avallon

103 posts

85 months

Thursday 16th March 2023
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If anyone is interested in the XC60 Core - I've got a local dealer offering it at £496 per month on a 1x24 @ 8000 miles p/a (inc. metallic paint).

TheDrownedApe

1,032 posts

56 months

Friday 17th March 2023
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MattyD803 said:
The VWFS Contract Extension "Option" changed TWICE during the first 18 months of leasing with current Cupra, so don't rely on that. It's worked out OK for me, but don't take out a lease on anything than an assumption you will be offer 3 months informal. Anything beyond that will likely revert to a 'formal quote', which could easily go up significantly in the current climate.
I asked them in Feb for a quote for 6 month extension (2 years up in April) and they immediately extended me for 6 months on the same terms. I didn't want the extension, just wanted to know the price!

Soprendo

128 posts

69 months

Friday 17th March 2023
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Avallon said:
If anyone is interested in the XC60 Core - I've got a local dealer offering it at £496 per month on a 1x24 @ 8000 miles p/a (inc. metallic paint).
That's not too bad. I've noticed some decent deals on the XC60 too, and aware from a conversation with Volvo that it's one of the few they are offering any support to at the moment (XC40 being the other).

I'm in a bit of a dilemma. I'm coming to the end of my 3 year S90 deal (feels like a steal, not a deal, by today's standards) and the suggestion from Volvo FS is that they will probably allow me up to 12 months informal extension at the same monthly rate (£307), given how difficult it is to get cars these days. So I'm wondering if I should keep a 3 year old S90 for another year at a much cheaper price than I could get a new lease, or switch to something new for around £200 a month more. There will be servicing/tyres etc to consider, and warranty expiry I think, but I think financially the decision is a pretty simple one. Then kick the can down the road in the hope that prices have improved this time next year.

karan99

164 posts

37 months

Friday 17th March 2023
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ArsE82 said:
Ordered our Tesla Model 3 yesterday and have the VRM already. Really impressed with Select so far.
how was the deal on it ? any good by todays standards?

DrDoctor

2 posts

50 months

Friday 17th March 2023
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Soprendo said:
That's not too bad. I've noticed some decent deals on the XC60 too, and aware from a conversation with Volvo that it's one of the few they are offering any support to at the moment (XC40 being the other).

I'm in a bit of a dilemma. I'm coming to the end of my 3 year S90 deal (feels like a steal, not a deal, by today's standards) and the suggestion from Volvo FS is that they will probably allow me up to 12 months informal extension at the same monthly rate (£307), given how difficult it is to get cars these days. So I'm wondering if I should keep a 3 year old S90 for another year at a much cheaper price than I could get a new lease, or switch to something new for around £200 a month more. There will be servicing/tyres etc to consider, and warranty expiry I think, but I think financially the decision is a pretty simple one. Then kick the can down the road in the hope that prices have improved this time next year.
I've been through exactly the same logic.... my 3yr S90 steal ends this month - have been paying £267 maintained! I've just extended another year in the hope that the market has settled by that point

Soprendo

128 posts

69 months

Friday 17th March 2023
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DrDoctor said:
I've been through exactly the same logic.... my 3yr S90 steal ends this month - have been paying £267 maintained! I've just extended another year in the hope that the market has settled by that point
Wow that really was a steal. I was a little late to the party on the S90/V90 deals, but I was still very happy with mine and would bite a dealer's hand off for the chance to repeat the one I have!!

Out of interest, does the monthly rate for the extension equate to the total paid (deposit+monthlies/contract duration in months), or simply the monthlies you've been paying during the contract? In other words if you put a big deposit down would the monthlies for the extension be higher than current monthlies? Mine was a 3+35 so I'm guessing it's the total cost divided by 38 each month that I will pay during the extension?

Horizon 301

169 posts

16 months

Friday 17th March 2023
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Soprendo said:
Wow that really was a steal. I was a little late to the party on the S90/V90 deals, but I was still very happy with mine and would bite a dealer's hand off for the chance to repeat the one I have!!

Out of interest, does the monthly rate for the extension equate to the total paid (deposit+monthlies/contract duration in months), or simply the monthlies you've been paying during the contract? In other words if you put a big deposit down would the monthlies for the extension be higher than current monthlies? Mine was a 3+35 so I'm guessing it's the total cost divided by 38 each month that I will pay during the extension?
The deposit is irelevant, that’s the basis for your payments during the initial contract. The extension is based upon other factors and will either go up or down, your deposit from the initial point shouldn’t make any difference. Most reputable lessors reduce monthlies as the car is obviously worth less. VWFS for example reduced one by £80 for me.

Tony33

1,121 posts

122 months

Friday 17th March 2023
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Soprendo said:
Out of interest, does the monthly rate for the extension equate to the total paid (deposit+monthlies/contract duration in months), or simply the monthlies you've been paying during the contract? In other words if you put a big deposit down would the monthlies for the extension be higher than current monthlies? Mine was a 3+35 so I'm guessing it's the total cost divided by 38 each month that I will pay during the extension?
It depends on the company. Zen Auto for example calculate the deposit+monthlies/contract duration in months exactly as you state for the basis of an extension. Whether other factors like age of car come into we will see but they have a hard limit of max lease for 48 months with extensions so I doubt it.

Others seem to extend at monthly cost or even less, other significantly more!

MR94

138 posts

59 months

Friday 17th March 2023
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Just had an email come through from FleetPrices with a few interesting in-stock vehicles.

https://www.fleetprices.co.uk/car-leasing/volkswag...

In stock reasonable spec DSG Passat Estate for £400 on a 3+36 8k miles contract.

Obviously goes without saying it’s a dreadful deal compared to years ago, but for people after a large auto in-stock family car there’s not much out there.

ArsE82

21,013 posts

187 months

Friday 17th March 2023
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karan99 said:
ArsE82 said:
Ordered our Tesla Model 3 yesterday and have the VRM already. Really impressed with Select so far.
how was the deal on it ? any good by todays standards?
Just travelling so can’t dig it out but it’s the deal on Leaseloco/Select now. Added Metallic and funkier wheels to sex it up a bit.

Not amazing by any stretch but needed to act reasonably sharpish.

Gareth1974

3,418 posts

139 months

Friday 17th March 2023
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MR94 said:
Just had an email come through from FleetPrices with a few interesting in-stock vehicles.

https://www.fleetprices.co.uk/car-leasing/volkswag...

In stock reasonable spec DSG Passat Estate for £400 on a 3+36 8k miles contract.

Obviously goes without saying it’s a dreadful deal compared to years ago, but for people after a large auto in-stock family car there’s not much out there.
Can’t recommend Fleet Prices after a bad experience a few years ago.
The Passat is a lot cheaper elsewhere https://leasing.com/independent-brokers/carleasesp...



kasb107

76 posts

68 months

Saturday 18th March 2023
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Peugeot e-2008 is about 275 a month for a 2 year, 5k miles a year, one month down deal at the moment, zenauto through leaseloco, saying in stock

Probably the best electric deal for a while - not much more than a Renault Zoe for a smart little suv with good boot space