Discussion
Deva Link said:
If it's MB Finance then prepare for a massive fight re 'damage' when you hand it back.
Well our friends who put us on to this in the first place have had four now and never had any bother at all save being charged £200 for a "big scratch" on the bootlid of their previous C class, which sounds reasonable. Deva Link said:
Dog Star said:
...I won't get buttf
ked come sale/px time.
If it's MB Finance then prepare for a massive fight re 'damage' when you hand it back.ked come sale/px time.I don't know where this perception that MB are any any worse than every other finance company comes from. They use BCA to do the inspections etc. as I'm sure to most other manufacturers.
matc said:
We very rarely get any customers getting charged for 'damage' on their cars; they will have to pay for obvious damage, but they're made aware of what they're going to be charged for before the car leaves them.
I don't know where this perception that MB are any any worse than every other finance company comes from. They use BCA to do the inspections etc. as I'm sure to most other manufacturers.
Don't know what the relationship is between all these companies, but they used to used Jet Logisitics to collect the cars and do inspections.I don't know where this perception that MB are any any worse than every other finance company comes from. They use BCA to do the inspections etc. as I'm sure to most other manufacturers.
The 'perception' comes from the many postings in MB forums and on the internet in general. It's common to read people saying they would never lease from MB again. VW are also notorious for the same thing - my brother had a completely trumped up bill from them.
Of course, I fully accept that you don't hear of the cases where the car goes back with no issues.
Deva Link said:
matc said:
We very rarely get any customers getting charged for 'damage' on their cars; they will have to pay for obvious damage, but they're made aware of what they're going to be charged for before the car leaves them.
I don't know where this perception that MB are any any worse than every other finance company comes from. They use BCA to do the inspections etc. as I'm sure to most other manufacturers.
Don't know what the relationship is between all these companies, but they used to used Jet Logisitics to collect the cars and do inspections.I don't know where this perception that MB are any any worse than every other finance company comes from. They use BCA to do the inspections etc. as I'm sure to most other manufacturers.
The 'perception' comes from the many postings in MB forums and on the internet in general. It's common to read people saying they would never lease from MB again. VW are also notorious for the same thing - my brother had a completely trumped up bill from them.
Of course, I fully accept that you don't hear of the cases where the car goes back with no issues.
My colleague leases his cars. He is not an enthusiast and he is not particularly careful. He has very little trouble at all come hand back time: maybe a £500 bill which is nothing in the scheme of things. I would have thought that the best way to smooth the hand back process is to couple it with the delivery of a new one!
Just to add I noticed that MB's advertised deals are up until 30th September. It will be interesting to see what deals the brokers have in the last week of this month.
I goy my CLK in the last week of March a few years ago, there was a cracking deal to be done at the time (although this was when the arse had fallen out of the car market in 2009 so that may have helped!)
I goy my CLK in the last week of March a few years ago, there was a cracking deal to be done at the time (although this was when the arse had fallen out of the car market in 2009 so that may have helped!)
http://www.freedomcontracts.com/viewdeal.asp?id=61...
6+23 £356.39 inc vat for the e-class cab sport 220cdi
how do they factor in any optional extras?
also what is the difference between leasing and PCP where you return the car and walk away?
6+23 £356.39 inc vat for the e-class cab sport 220cdi
how do they factor in any optional extras?
also what is the difference between leasing and PCP where you return the car and walk away?
jackbauer said:
what is the difference between leasing and PCP where you return the car and walk away?
Nothing, if you do walk away at the end. PCP is you buying the car, however the residual value is deferred to the end of the agreement.
You either pay the agreed balloon figure and keep the car, sell the car and pocket the difference, or if the car is worth less you hand it back and walk away.
This is the reason to keep the deposit as small as possible.
Contract Hire is a rental for the agreed period.
You pay an initial rental fee, usually 3 or 6 months, and then an agreed rental amount over the said period, at the end you hand it back. There is no option to keep the car at all*.
The contract hire companies get discounts that we as end users, and for that matter main dealers, would never see. Mercedes offering 28% on many new cars at the moment, compared with around 12% margin on them with dealers.
So the contract hire guys are only having to fund the depreciation between the 28% they buy it for and the 40% it looses by year 2, so 12% total.
Hence why the hire prices are so much less a lot of the time.
jackbauer said:
http://www.freedomcontracts.com/viewdeal.asp?id=61...
6+23 £356.39 inc vat for the e-class cab sport 220cdi
how do they factor in any optional extras?
They normally just bolt it on, so pay £1000 for a pano roof and you will pay that £1000 back over the 24 months, it really makes you think hard about whether you really want that option! 6+23 £356.39 inc vat for the e-class cab sport 220cdi
how do they factor in any optional extras?
- On the very odd occasion you may be able to buy it, but extremely rare.
gizlaroc said:
They normally just bolt it on, so pay £1000 for a pano roof and you will pay that £1000 back over the 24 months, it really makes you think hard about whether you really want that option!
so for someone who is looking to get a model with certain optional extras, they better off getting a near-new car financed on PCP since you got more chance to find one that fits your requirement. provided you can keep deposit down? and can you exit a lease contract early?
Edited by jackbauer on Saturday 22 September 17:24
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