Best Lease Car Deals Available? (Vol 10)

[bingobangobongo]

Is there a formula to determine if a lease deal is good or not.

Lease Loco
E.g. KIA Pro Ceed Shooting Brake. 1.5T GDi ISG GT-Line 5dr
£242.45/pm for 2 years
£727.34 (3 month) Initial payment. 5,000 miles p/a.

So thats about £6535 over 2 years. To buy the car brand new its £26,665. So if the car is worth less than £20k after 2 years its a pretty decent deal to lease it?

[Kallzeh]

bingobangobongo said:

Is there a formula to determine if a lease deal is good or not.

Lease Loco
E.g. KIA Pro Ceed Shooting Brake. 1.5T GDi ISG GT-Line 5dr
£242.45/pm for 2 years
£727.34 (3 month) Initial payment. 5,000 miles p/a.

So thats about £6535 over 2 years. To buy the car brand new its £26,665. So if the car is worth less than £20k after 2 years its a pretty decent deal to lease it?

The rule of thumb is to take the total lease cost for a 1+24 / 10k deal and divide it by the MSRP - what’s considered good varies depending on the whole market but anything below 25% is considered good at the moment I believe.

[MOBB]

bingobangobongo said:

Is there a formula to determine if a lease deal is good or not.

Lease Loco
E.g. KIA Pro Ceed Shooting Brake. 1.5T GDi ISG GT-Line 5dr
£242.45/pm for 2 years
£727.34 (3 month) Initial payment. 5,000 miles p/a.

So thats about £6535 over 2 years. To buy the car brand new its £26,665. So if the car is worth less than £20k after 2 years its a pretty decent deal to lease it?

Probably worth doing a carwow type enquiry to see what the real purchase cost could be for the car rather than £26,665. Just making sure its apples/apples :-)

eg https://www.autotrader.co.uk/car-details/202207067...

[Mammasaid]

MOBB said:

bingobangobongo said:

Is there a formula to determine if a lease deal is good or not.

Lease Loco
E.g. KIA Pro Ceed Shooting Brake. 1.5T GDi ISG GT-Line 5dr
£242.45/pm for 2 years
£727.34 (3 month) Initial payment. 5,000 miles p/a.

So thats about £6535 over 2 years. To buy the car brand new its £26,665. So if the car is worth less than £20k after 2 years its a pretty decent deal to lease it?

Probably worth doing a carwow type enquiry to see what the real purchase cost could be for the car rather than £26,665. Just making sure its apples/apples :-)

eg https://www.autotrader.co.uk/car-details/202207067...

Indeed, not apples with apples;

Dealer said:

This price includes a dealer discount AND a PCP Deposit Contribution of £2000. 7.9% APR.

[Pablo16v]

Kallzeh said:

bingobangobongo said:

Is there a formula to determine if a lease deal is good or not.

Lease Loco
E.g. KIA Pro Ceed Shooting Brake. 1.5T GDi ISG GT-Line 5dr
£242.45/pm for 2 years
£727.34 (3 month) Initial payment. 5,000 miles p/a.

So thats about £6535 over 2 years. To buy the car brand new its £26,665. So if the car is worth less than £20k after 2 years its a pretty decent deal to lease it?

The rule of thumb is to take the total lease cost for a 1+24 / 10k deal and divide it by the MSRP - what’s considered good varies depending on the whole market but anything below 25% is considered good at the moment I believe.

A lot of good info here

https://www.pistonheads.com/gassing/topic.asp?h=0&...

[Gambler81]

russyj said:

Kia Proceed Gt line 1.5 drops again - £291.48 on 1+24 8k
https://www.carleasingmadesimple.com/car-leasing/k...

I remember when you could get a Volvo V90CC for that money…

+£25 unless you want orange....

[russyj]

Gambler81 said:

+£25 unless you want orange....

Won’t lose it in a car park

Arteon fastback 1+24 8k £438.08 not terrible for German auto estate at the moment:
https://www.embraceleasing.com/car-leasing/volkswa...

[AQ101]

Formentor-Alex said:

I'm leasing a 1.5 manual V2 and had it for 2 years. Feel free to PM with any questions you have. I'd have another and have found it big enough for my family of 4.

Thanks for the response, Alex. That's the model I'm also considering getting. How do you find the boot size? & obviously it's a bit lower than SUVs but how do find it height compared with other cars you've had?

[Kallzeh]

Those who jumped on the Cupra Leon VZ2 deals, has anyone else had their notification of the car being built? Got mine today to suggest it's on the way to the UK.

Would be keen to hear from other Seat/Cupra customers through Zen what their experience was regarding timelines...

[bobnaldo]

Kallzeh said:

Those who jumped on the Cupra Leon VZ2 deals, has anyone else had their notification of the car being built? Got mine today to suggest it's on the way to the UK.

Would be keen to hear from other Seat/Cupra customers through Zen what their experience was regarding timelines...

I ordered one as it was a 13-15 week wait, which times well with my Tesla going back at the end of August.

However Zen seem to think it’ll be at the dealers imminently, so waiting to hear back if they’ll hold it or if I need to cancel my order.

[Danielrh]

Kallzeh said:

Those who jumped on the Cupra Leon VZ2 deals, has anyone else had their notification of the car being built? Got mine today to suggest it's on the way to the UK.

Would be keen to hear from other Seat/Cupra customers through Zen what their experience was regarding timelines...

I got my notification on Saturday, Zen are estimating 4 weeks for it to land in the UK

[Fergoo]

I got my notification yesterday too.

Under Zen's T&Cs you can delay delivery for up to 45 days from the first date the offer you, so you should hopefully be fine by the time the PDI etc. has been completed.

[Terry Winks]

Has anyone who ordered the A4 Avant Black Editions from CVL got a sniff of a build slot yet?

[Whiskasfelix]

Kallzeh said:

Those who jumped on the Cupra Leon VZ2 deals, has anyone else had their notification of the car being built? Got mine today to suggest it's on the way to the UK.

Would be keen to hear from other Seat/Cupra customers through Zen what their experience was regarding timelines...

Been advised delivery 31/7/2023

[Formentor-Alex]

AQ101 said:

Thanks for the response, Alex. That's the model I'm also considering getting. How do you find the boot size? & obviously it's a bit lower than SUVs but how do find it height compared with other cars you've had?

The boot size isn't too bad. The 1.5 comes with the adjustable boot floor and we leave ours on the low setting all the time which adds a good few inches of depth. Smaller than the Kuga we had before but we've found it OK for most stuff.
It's definitely lower than the kuga, I'd say it's closer to the Focus we had before, definitely not an SUV.
Worth popping to a dealer if you can check one out. I went for it on looks mainly and it's worked very well for us. My two kids are coming up 8 and 5 for reference.

[russyj]

russyj said:

Arteon fastback 1+24 8k £438.08 not terrible for German auto estate at the moment:
https://www.embraceleasing.com/car-leasing/volkswa...

Now £427.32, someone’s sat on some stock they need to shift, if we all agree to leave the kumquat alone they might be giving them away soon…
https://www.vavoomleasing.com/car-leasing/volkswag...

[AQ101]

Formentor-Alex said:

The boot size isn't too bad. The 1.5 comes with the adjustable boot floor and we leave ours on the low setting all the time which adds a good few inches of depth. Smaller than the Kuga we had before but we've found it OK for most stuff.
It's definitely lower than the kuga, I'd say it's closer to the Focus we had before, definitely not an SUV.
Worth popping to a dealer if you can check one out. I went for it on looks mainly and it's worked very well for us. My two kids are coming up 8 and 5 for reference.

Sounds good. My 2 children are similar ages to yours, 7 & 3. I also like the look of the Formentor, that's what drew me to it. I know it's defs not a SUV, but I thought it looked like it might be a bit higher than ordinary sized cars. Well, that's what I was hoping without having seen one.

[Kallzeh]

Whiskasfelix said:

Been advised delivery 31/7/2023

Oh interesting, can I ask if you’ve had your confirmation of it being built yet and when you placed your order?

[Tuggorn]

Terry Winks said:

Has anyone who ordered the A4 Avant Black Editions from CVL got a sniff of a build slot yet?

No movement yet for me.

[Bobbajob]

Kallzeh said:

Whiskasfelix said:

Been advised delivery 31/7/2023

Oh interesting, can I ask if you’ve had your confirmation of it being built yet and when you placed your order?

I placed my order on 10th May. No e-mails or anything in my account other than the same 13/15 weeks delivery.