The Alfa Romeo 4C lease thread
Discussion
Stu-nph26 said:
How would this work if someone wanted to take over the lease? My concerns would lie when sending the car back if there are any damages I wasn't aware of.
Happy for it to be inspected before the lease novation is processed. Think any damage should be readily visible and I have a car lift at home so can show the underside to anyone who is interested. 
To anyone thinking of taking over someone else's lease - there's nothing to be afraid of.
I've done it, and it was very simple.
I went and looked at the car, made sure I was happy with the condition. At this point we agreed £50 for a lightly scuffed alloy. Agree terms with the person who currently has the lease - generally regarding the current mileage and the up-front payments. This is between you and them, the lease company don't care about this.
The person who currently has the lease needs to contact the lease company, and they will provide a new proposal form. Fill this in, and assuming you're accepted, agree a date for the novation. Leasys charge £100 to novate a lease, but I have read that some companies charge up to £500. Then collect the car, and you're sorted.
I've done it, and it was very simple.
I went and looked at the car, made sure I was happy with the condition. At this point we agreed £50 for a lightly scuffed alloy. Agree terms with the person who currently has the lease - generally regarding the current mileage and the up-front payments. This is between you and them, the lease company don't care about this.
The person who currently has the lease needs to contact the lease company, and they will provide a new proposal form. Fill this in, and assuming you're accepted, agree a date for the novation. Leasys charge £100 to novate a lease, but I have read that some companies charge up to £500. Then collect the car, and you're sorted.
Amateurish said:
Yipper said:
Is it on PCP or PCH?
Insisting on a main-dealer service is legal for PCP, but illegal for PCH.
You've got that backwards. A lease agreement can insist on main dealer servicing, because you are not the vehicle owner.Insisting on a main-dealer service is legal for PCP, but illegal for PCH.
The lease will state any sanction if you service outwith the terms stated.
Helicopter123 said:
Amateurish said:
Yipper said:
Is it on PCP or PCH?
Insisting on a main-dealer service is legal for PCP, but illegal for PCH.
You've got that backwards. A lease agreement can insist on main dealer servicing, because you are not the vehicle owner.Insisting on a main-dealer service is legal for PCP, but illegal for PCH.
The lease will state any sanction if you service outwith the terms stated.
PCH has a value at the start, but no agreed value at the finish. So, you can legally service it wherever you want (as long as they fit manufacturer-approved parts), under EU law.
https://www.thecarexpert.co.uk/new-car-warranty-se...
PCP = dealer.
PCH = dealer or indy.
omniflow said:
To anyone thinking of taking over someone else's lease - there's nothing to be afraid of.
I've done it, and it was very simple.
You missed out the step where the previous leaseholder sits and wonders why he made such a daft choice I've done it, and it was very simple.
DeejRC said:
Afraid you are incorrect Yipper.
+1. LEASYS terms and conditions say main dealer only. First service is the pricey one as the tub bolts need to be checked. I’m back in the have hunt for one. A quick thanks to Karanga for discussing his white spider on Friday. Sadly, the fact I have a white speciale has swung me into thinking I’d rather a red or black coupe.
That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
Moley RUFC said:
I’m back in the have hunt for one. A quick thanks to Karanga for discussing his white spider on Friday. Sadly, the fact I have a white speciale has swung me into thinking I’d rather a red or black coupe.
That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
My pleasure and wish you best of luck for the search! That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
Didn’t realise you had a Speciale as well!
Moley RUFC said:
I’m back in the have hunt for one. A quick thanks to Karanga for discussing his white spider on Friday. Sadly, the fact I have a white speciale has swung me into thinking I’d rather a red or black coupe.
That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
The Beechdale PCH offer, at ~£393 on 9+23 for 8k mpa, for the ~£60k Spider, is just about the best 4C deal out there right now. Works out around 21% of the RRP, which is very good, and up there with the best of the droptop deals of the past 3 years (some Coupes have been 16-20% of RRP).That said I’ve sent a note Beechdale regards their £393 spider deal which still seems excellent value.
Have the missed the ‘wave’ on 4C PCH deals? There seems little out there of value at present (sub £500 a month with sensible £3k ish money down).
Oh and in true first world problems if anyone has a 4C in the Birmingham area, do you mind swinging by mine to see if a 4C will fit in the garage!
bennno said:
Yipper said:
PCP = dealer.
PCH = dealer or indy.
Not correct.PCH = dealer or indy.
PCH is more stringent as you dont have any opportunity to own the car. Car has to be serviced at an approved agent, its detailed in the lease documentation....
With PCP (finance), there is a two-sided, agreed-end-value based on pre-planned dealer-only servicing (read the link above).
With PCH (lease), there is a two-sided, no-agreed-end-value, so you can go to a dealer or indy. Have seen it done with multiple leases across multiple brands over multiple years.
Yipper said:
It is correct.
With PCP (finance), there is a two-sided, agreed-end-value based on pre-planned dealer-only servicing (read the link above).
With PCH (lease), there is a two-sided, no-agreed-end-value, so you can go to a dealer or indy. Have seen it done with multiple leases across multiple brands over multiple years.
With a lease, it is not your car . They can stipulate whatver they like in their contract about servicing. With PCP (finance), there is a two-sided, agreed-end-value based on pre-planned dealer-only servicing (read the link above).
With PCH (lease), there is a two-sided, no-agreed-end-value, so you can go to a dealer or indy. Have seen it done with multiple leases across multiple brands over multiple years.
PS "two-sided, no-agreed-end-value" is meaningless
Amateurish said:
Yipper said:
It is correct.
With PCP (finance), there is a two-sided, agreed-end-value based on pre-planned dealer-only servicing (read the link above).
With PCH (lease), there is a two-sided, no-agreed-end-value, so you can go to a dealer or indy. Have seen it done with multiple leases across multiple brands over multiple years.
With a lease, it is not your car . They can stipulate whatver they like in their contract about servicing. With PCP (finance), there is a two-sided, agreed-end-value based on pre-planned dealer-only servicing (read the link above).
With PCH (lease), there is a two-sided, no-agreed-end-value, so you can go to a dealer or indy. Have seen it done with multiple leases across multiple brands over multiple years.
PS "two-sided, no-agreed-end-value" is meaningless
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