The Golf R lease thread

Author
Discussion

marcosgt

11,032 posts

177 months

Wednesday 26th June 2019
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I had an offer a couple of weeks ago.

I can't remember what exactly it was, but it looked pretty competitive to what I originally paid, but I didn't really look at the details as I extended my contract into a 3rd year.

Try looking at Stable Contracts (I THINK it was from them, but I could be wrong).

M

maccas99

1,713 posts

189 months

Wednesday 26th June 2019
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Stable have some terrible rates, try Vehiclesavers as they are about OK.

marcosgt

11,032 posts

177 months

Thursday 27th June 2019
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maccas99 said:
Stable have some terrible rates, try Vehiclesavers as they are about OK.
Dug through my deleted mails and it was Select Vehicle Lease my mail came from:

http://www.selectvehiclelease.co.uk/business-lease...

I've no connection with them, aside from receiving emails now and then.

Although now I've looked at it in more detail, it's actually quite a lot more than I paid in 2017.

M

MadMark911

1,754 posts

150 months

Thursday 25th July 2019
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DLR_1977 said:
Anyone seen any decent Golf R leases recently? i'm smoking around in an old spunker of a Mk5 GT TDI at the moment and it's slightly depressing. It's been breathed on by Darkside but even so.. it's a temp measure whilst I found a new boss ;-)

don't really want to pay more than £300ish a month for one but not sure if these deals still exist?
I've just had one delivered (Wednesday) from Yes-Lease. It's one of the "enhanced" (read new model) 2019 cars. 5 door DSG in Lapiz Blue (the only extra I specified) with the reversing camera, keyless entry and lane assist etc all as standard. In fact it's got a massive standard spec including dual zone climate, the winter pack, LED matrix lights, digital dash and touchscreen satnav with Apple Carplay.

Deal for the above personal lease was over 2 years and 20,000 miles for 3 months deposit and £414 per month (or £331 + VAT) - it's the very cheapest I could find although the sexy paint colour cost me £30 per month .......

I think the only way you'll get below £300 per month is an old model car (if you can find one), in red or white over 36 or 48 months with less than 8,000 miles per annum.

Edited by MadMark911 on Thursday 25th July 21:14


Edited by MadMark911 on Friday 26th July 06:58

Gazzab

21,114 posts

283 months

Friday 26th July 2019
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Wowser they are quite expensive now. My 2018 estate (with only grey paint as an extra) is nearly half what you are paying on that lease. Not sure I could bring myself to pay so much after two cheap leases. But they are very good cars. Does the man maths still work at these higher lease costs ie v's a PCP, bank loan etc

Alex

9,975 posts

285 months

Friday 26th July 2019
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Central UK Vehicle Leasing are doing the Golf R for £295.99+VAT (3+35, 5k miles). Add £20 for 10k miles.

Gazzab

21,114 posts

283 months

Friday 26th July 2019
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Alex said:
Central UK Vehicle Leasing are doing the Golf R for £295.99+VAT (3+35, 5k miles). Add £20 for 10k miles.
So that’s £380 a month. Gulp.

andrewparker

8,014 posts

188 months

Friday 26th July 2019
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Gazzab said:
Alex said:
Central UK Vehicle Leasing are doing the Golf R for £295.99+VAT (3+35, 5k miles). Add £20 for 10k miles.
So that’s £380 a month. Gulp.
Yeah, I’m like you, had two Golf Rs on the cheap and as a consequence could never consider paying that much, even though I think it’s probably worth it.

MadMark911

1,754 posts

150 months

Friday 26th July 2019
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Gazzab said:
Wowser they are quite expensive now. My 2018 estate (with only grey paint as an extra) is nearly half what you are paying on that lease. Not sure I could bring myself to pay so much after two cheap leases. But they are very good cars. Does the man maths still work at these higher lease costs ie v's a PCP, bank loan etc
True - but loads more equipment is standard (or so I gather). On the old model I think I would have needed to pay for the reversing camera, DSG, keyless entry, the winter pack and the Matrix version of the LED lights.

PCP worked out much more expensive and the most I could get off for cash was 15%, which on at £37,500 RRP is about £5,600 off.

I'm still happy as compared to an S3 or Merc A35 - it's at least 25% cheaper .....


Edited by MadMark911 on Friday 26th July 21:51

andrewparker

8,014 posts

188 months

Friday 26th July 2019
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Regardless of the improved standard equipment you’re still paying a much higher percentage of the RRP, which is the only real way of judging the value for money of a lease. Anyway, it’s all irrelevant if you’re happy paying that amount.

maccas99

1,713 posts

189 months

Friday 26th July 2019
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Did I mention my year extension is costing £200/month biggrin

MadMark911

1,754 posts

150 months

Friday 26th July 2019
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andrewparker said:
Regardless of the improved standard equipment you’re still paying a much higher percentage of the RRP, which is the only real way of judging the value for money of a lease. Anyway, it’s all irrelevant if you’re happy paying that amount.
Is yours a business lease - so you save 20% in VAT?

Yup £5.5K per annum all in for 2 years (including the admin fee) - it's peanuts compared to what you would pay for anything comparable on performance - e.g:
BMW M240i - No extras - £1650 initial plus £546 pm on the same term and mileage as mine - £7527 per annum
Audi S3 Sportback - No extras - £1760 initial plus £550 pm - same terms - £7,660 per annum
Merc A35 - No extras - £1932 initial plus £620pm - same terms - £8586 per annum

Even a Golf GTI performance manual 5dr (as there are so few autos around) on the same deal as mine comes in at £370 per month ....

andrewparker

8,014 posts

188 months

Friday 26th July 2019
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MadMark911 said:
andrewparker said:
Regardless of the improved standard equipment you’re still paying a much higher percentage of the RRP, which is the only real way of judging the value for money of a lease. Anyway, it’s all irrelevant if you’re happy paying that amount.
Is yours a business lease - so you save 20% in VAT?
No, simply that VW have in the past subsidised the finance to a much greater level. But in reality there hasn’t been a really cheap deal on the hatch for a long time, maybe 3 years now. You’ve got a good deal in the current climate because really good deals on performance cars have dried up. Anyone remember the £100 a month GTI deals? That won’t happen again.

PenelopaPitstop

2,173 posts

134 months

Saturday 27th July 2019
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MadMark911 said:
andrewparker said:
Regardless of the improved standard equipment you’re still paying a much higher percentage of the RRP, which is the only real way of judging the value for money of a lease. Anyway, it’s all irrelevant if you’re happy paying that amount.
Is yours a business lease - so you save 20% in VAT?

Yup £5.5K per annum all in for 2 years (including the admin fee) - it's peanuts compared to what you would pay for anything comparable on performance - e.g:
BMW M240i - No extras - £1650 initial plus £546 pm on the same term and mileage as mine - £7527 per annum
Audi S3 Sportback - No extras - £1760 initial plus £550 pm - same terms - £7,660 per annum
Merc A35 - No extras - £1932 initial plus £620pm - same terms - £8586 per annum

Even a Golf GTI performance manual 5dr (as there are so few autos around) on the same deal as mine comes in at £370 per month ....
There was plenty of promotions on A35/CLA35 and it was much cheaper than example above. Maybe they are still around, not sure.
And BMW M240i could be had for £10K for 2 years in past.

£10K for two years in Golf R is way too much.

Edited by PenelopaPitstop on Saturday 27th July 05:53

MadMark911

1,754 posts

150 months

Saturday 27th July 2019
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PenelopaPitstop said:
There was plenty of promotions on A35/CLA35 and it was much cheaper than example above. Maybe they are still around, not sure.
And BMW M240i could be had for £10K for 2 years in past.

£10K for two years in Golf R is way too much.

Edited by PenelopaPitstop on Saturday 27th July 05:53
I think all of those deals are long gone! I pulled those prices out last night, but my "decision making" research was done 4 weeks ago (before I ordered the Golf) and the prices were slightly better. The pattern was still the same in the BMW / Merc / Audi were still proportionally more expensive though. The new A35 is too new for Merc to even bother with discounting ....

What I think has happened is that the new emissions testing regulations (WLTP) and the lack of production / supply of some models last year has meant that demand has not been met this year and there are fewer gluts in supply. However, I found out that there are a substantial number of manual GTi Performance models in stock around the country, in both 3 door and 5 door, so after the new reg. in September - I'll bet there will be some juicy deals to be had.

PenelopaPitstop

2,173 posts

134 months

Saturday 27th July 2019
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A35 and CLA35 were actively pushed on leasing couple of weeks/months ago. So it wasn't too new. Now they "sold" enough, they don't give it extra support any more.
That's from January: https://www.hotukdeals.com/deals/mercedes-a35-amg-...

MadMark911

1,754 posts

150 months

Sunday 28th July 2019
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PenelopaPitstop said:
A35 and CLA35 were actively pushed on leasing couple of weeks/months ago. So it wasn't too new. Now they "sold" enough, they don't give it extra support any more.
That's from January: https://www.hotukdeals.com/deals/mercedes-a35-amg-...
Gotcha! smile

Amateurish

7,763 posts

223 months

Sunday 28th July 2019
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My R estate has just gone back (£240 on a 9+23 contract). Overall, an extremely competent and fast car that was a true jack of all trades. That said, after 2 years it felt quite bland and lacking in personality. At the end of the day, it is a Golf. I won't be getting another one.

Gazzab

21,114 posts

283 months

Sunday 28th July 2019
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Amateurish said:
My R estate has just gone back (£240 on a 9+23 contract). Overall, an extremely competent and fast car that was a true jack of all trades. That said, after 2 years it felt quite bland and lacking in personality. At the end of the day, it is a Golf. I won't be getting another one.
I agree - it’s just a golf and so you won’t be getting up at 6am on a Sunday to go for a blast. But it’s a very good car. Fast, comfortable, reliable and dare I say it, economical. Driving a friends normal golf today, they feel like they are completely different cars. Ultimately the R feels so much better engineered than a standard golf. At 200 or so pounds a month they are awesome. If I can extend my current lease I will, otherwise I am stumped re my next daily driver choices.

marcosgt

11,032 posts

177 months

Monday 29th July 2019
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Gazzab said:
I agree - it’s just a golf and so you won’t be getting up at 6am on a Sunday to go for a blast. But it’s a very good car. Fast, comfortable, reliable and dare I say it, economical. Driving a friends normal golf today, they feel like they are completely different cars. Ultimately the R feels so much better engineered than a standard golf. At 200 or so pounds a month they are awesome. If I can extend my current lease I will, otherwise I am stumped re my next daily driver choices.
Pretty much how I feel about mine.

It's never replaced my RX8 in my affections (The Mazda was fun to drive all the time, the VW only feels vaguely exciting if you're going insanely quick), but it does everything I need a car to very well and I honestly can't think of what I'd replace it with that would be such a good all-rounder.

I extended my contract for another year (10K miles) for £160/month - It seemed a bit of a no-brainer...

M