The Alfa Romeo 4C lease thread

The Alfa Romeo 4C lease thread

Author
Discussion

Moley RUFC

3,615 posts

189 months

Sunday 16th September 2018
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Just wondering if the first of the leasers on here have had any initial discussion with Leasys as to what options there are when the lease concludes?

Is it a straight return or is there an extension or purchase in the offing too? I know in the past PCH deals weren’t open for a final purchase but that has changed recently.

I’m on a pch and would dearly like to buy/extend.

Armitage.Shanks

2,276 posts

85 months

Monday 17th September 2018
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I thought those early lease deals given the low monthly cost specifically excluded buying the car at the end? If you paid a realistic amount your deal might let you stump up to buy?

Never gone this route myself but early leases should be coming to an end and the question is what then happens to the cars?

arow

89 posts

102 months

Saturday 22nd September 2018
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Pretty sure that I saw some Leasys paperwork mentioning about a purchase option being offered at the end of the contract. Will try and dig it out. I'm not sure if it was just generic information or specifically related to the contract. It did mention something about the person leasing the vehicle could not purchase but could be done by friend/family member.

As much as I love my 4C, don't think I'd be up for buying it unless I knew from the start I was having it. Haven't treated it terribly but certainly has taken a little more abuse knowing that is isn't completely mine. Would also have PPF'd it from the start if so.

AlfaAddict

86 posts

85 months

Saturday 22nd September 2018
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I haven’t tried to discuss that, I did have a conversation with them about reducing my mileage - mines on a 12k a year lease and I’m only just at 12k after 15 months. They said no chance as the residual values are lower than they anticipated so it would cost me more to lower my miles than to stay as I am! If there was an option to buy it then I’d keep the miles down and tucked up in the garage over the winter, but looks like I will be out in it come rain or snow !

Moley RUFC said:
Just wondering if the first of the leasers on here have had any initial discussion with Leasys as to what options there are when the lease concludes?

Is it a straight return or is there an extension or purchase in the offing too? I know in the past PCH deals weren’t open for a final purchase but that has changed recently.

I’m on a pch and would dearly like to buy/extend.

AlfaAddict

86 posts

85 months

Saturday 22nd September 2018
quotequote all
I know what your saying, I know every little flaw in my car but I think Leasys should be well chuffed with the condition when I return it.

Will be interesting to see what prices are doing this time next year. I’m pretty sure I will have another 4c long term but I’m flirting with the idea of trying a Vantage or FType for a short while until 4c prices bottom out!

arow said:
Pretty sure that I saw some Leasys paperwork mentioning about a purchase option being offered at the end of the contract. Will try and dig it out. I'm not sure if it was just generic information or specifically related to the contract. It did mention something about the person leasing the vehicle could not purchase but could be done by friend/family member.

As much as I love my 4C, don't think I'd be up for buying it unless I knew from the start I was having it. Haven't treated it terribly but certainly has taken a little more abuse knowing that is isn't completely mine. Would also have PPF'd it from the start if so.

arow

89 posts

102 months

Saturday 22nd September 2018
quotequote all
AlfaAddict said:
I know what your saying, I know every little flaw in my car but I think Leasys should be well chuffed with the condition when I return it.

Will be interesting to see what prices are doing this time next year. I’m pretty sure I will have another 4c long term but I’m flirting with the idea of trying a Vantage or FType for a short while until 4c prices bottom out!

arow said:
Pretty sure that I saw some Leasys paperwork mentioning about a purchase option being offered at the end of the contract. Will try and dig it out. I'm not sure if it was just generic information or specifically related to the contract. It did mention something about the person leasing the vehicle could not purchase but could be done by friend/family member.

As much as I love my 4C, don't think I'd be up for buying it unless I knew from the start I was having it. Haven't treated it terribly but certainly has taken a little more abuse knowing that is isn't completely mine. Would also have PPF'd it from the start if so.
Yes, condition wise I have taken very good care. There is an inevitable stone chip, and I do scrape the bottom plastic bumper trim almost daily however it copes fine with that as its more of a rubberised material. If I was keeping long term I would be more concerned about the frequency of short trips I do in it - I will find any excuse to go out in it, even it's a mile to the shop!!

Almost certain I will have another 4C at some point though! Can't think of anything that comes close to the looks or road presence for the money!

Stuart J

1,301 posts

257 months

Saturday 22nd September 2018
quotequote all
arow said:
Yes, condition wise I have taken very good care. There is an inevitable stone chip, and I do scrape the bottom plastic bumper trim almost daily however it copes fine with that as its more of a rubberised material. If I was keeping long term I would be more concerned about the frequency of short trips I do in it - I will find any excuse to go out in it, even it's a mile to the shop!!

Almost certain I will have another 4C at some point though! Can't think of anything that comes close to the looks or road presence for the money!
I’ve destroyed the rubbery bit under the bumper hitting a dead badger , so really a lucky escape , new one costs a staggering £20 and is stapled to the bumper apparently , I’m assuming you could resin bond a new one on or as I’ve heard use self tapping screws

arow

89 posts

102 months

Sunday 23rd September 2018
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Stuart J said:
arow said:
Yes, condition wise I have taken very good care. There is an inevitable stone chip, and I do scrape the bottom plastic bumper trim almost daily however it copes fine with that as its more of a rubberised material. If I was keeping long term I would be more concerned about the frequency of short trips I do in it - I will find any excuse to go out in it, even it's a mile to the shop!!

Almost certain I will have another 4C at some point though! Can't think of anything that comes close to the looks or road presence for the money!
new one costs a staggering £20 and is stapled to the bumper apparently , I’m assuming you could resin bond a new one on or as I’ve heard use self tapping screws
That's really reassuring actually! I might start taking the daily speed bumps a bit faster now!

Walkaa

10 posts

165 months

Tuesday 2nd October 2018
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Hey all, is anyone else looking or know anyone looking to move a lease on? Short term only. Thanks!!!

Stuart J

1,301 posts

257 months

Wednesday 10th October 2018
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Stuart J said:
arow said:
Yes, condition wise I have taken very good care. There is an inevitable stone chip, and I do scrape the bottom plastic bumper trim almost daily however it copes fine with that as its more of a rubberised material. If I was keeping long term I would be more concerned about the frequency of short trips I do in it - I will find any excuse to go out in it, even it's a mile to the shop!!

Almost certain I will have another 4C at some point though! Can't think of anything that comes close to the looks or road presence for the money!
I’ve destroyed the rubbery bit under the bumper hitting a dead badger , so really a lucky escape , new one costs a staggering £20 and is stapled to the bumper apparently , I’m assuming you could resin bond a new one on or as I’ve heard use self tapping screws
Enquired from the dealer the cost for fitting the bottom bumper strip , an eye watering £129 Bonkers !!!!! trip to a local bodyshop needed I think

omniflow

2,576 posts

151 months

Friday 12th October 2018
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I'd be very interested to hear from anyone with a 4C on a lease deal with Leasys who has either extended their lease or bought their car (or had a friend / relative buy their car) after the lease ended.

j4 mte

109 posts

198 months

Wednesday 17th October 2018
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For anyone who's interested, just had my first service done on the 4c.

Griffin Mill Nantgarw in South wales took care of it for me. Dropped the car off at 5pm on Monday, picked up first thing this morning. All for a very reasonable (from other prices I've seen) £795. Excellent service, would highly recommend.

Not sure if it's placebo effect but the car generally feels much tighter, and weirdly the steering feels quite a bit lighter too?

DeejRC

5,797 posts

82 months

Wednesday 17th October 2018
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I’m still amazed that anybody lets anyone other than Jamie touch their 4C!

MawsleyCarValeting

278 posts

184 months

Wednesday 17th October 2018
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DeejRC said:
I’m still amazed that anybody lets anyone other than Jamie touch their 4C!
Me too.

Kananga

1,100 posts

156 months

Wednesday 17th October 2018
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Need to get my first service done and struggling to find a good dealer in the London/Surrey area. Motor Village Croydon are the closest local main dealer but I fear they haven’t seen an 4Cs before. Also they don’t seem interested in returning my calls! frown

Stuart J

1,301 posts

257 months

Wednesday 17th October 2018
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DeejRC said:
I’m still amazed that anybody lets anyone other than Jamie touch their 4C!
Alfa gave me 3 years free servicing as part of my deal so I need to use a main dealer , sadly HWM and Meridian Milano have both given up Alfa so I will be struggling next year to find a decent dealer so any recommendations for a decent dealer in the south will be appreciated

j4 mte

109 posts

198 months

Thursday 18th October 2018
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DeejRC said:
I’m still amazed that anybody lets anyone other than Jamie touch their 4C!
If I owned the car, I would absolutely agree. However, as a leaser, it makes no sense travelling from South Wales. Trying to convince LEASYS that an independent service is acceptable would probably prove more hassle than worth of it!

WHEN I own my very own 4C, there'll be no question where I take it.

LeasedAlfa

7 posts

65 months

Tuesday 20th November 2018
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This might be better in the 4C pricing thread, but I figured I'd start here.

I'm 18 months into a 2 year lease on a decent spec 4C Spider - currently paying £400 / month.

I contacted Leasys for a quote to extend the lease for a 3rd year. No problem - that will be £800 / month

I also got a price to buy - which is in line with Autotrader prices - so therefore full retail and not trade in.

Needless to say, I won't be extending the lease.

My guess is that they've been caught out and the value of the car is lower than they thought, so they're trying to re-coup some of that. The alternative hypothesis is that they think the value of the car will tank between years 2 and 3.

Stuart J

1,301 posts

257 months

Tuesday 20th November 2018
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LeasedAlfa said:
This might be better in the 4C pricing thread, but I figured I'd start here.

I'm 18 months into a 2 year lease on a decent spec 4C Spider - currently paying £400 / month.

I contacted Leasys for a quote to extend the lease for a 3rd year. No problem - that will be £800 / month

I also got a price to buy - which is in line with Autotrader prices - so therefore full retail and not trade in.

Needless to say, I won't be extending the lease.

My guess is that they've been caught out and the value of the car is lower than they thought, so they're trying to re-coup some of that. The alternative hypothesis is that they think the value of the car will tank between years 2 and 3.
Not just Alfa related but many companies who leased or did pcp deals are suffering due to a market awash with nearly new stock , the pre Reg cars appearing over the next few months due to the live emissions testing cock up will make it worse, for you let them suffer and buy another in the free market , plus for the 4c over the thousands of bmw x series etc floating around is they aren’t making any more , it’s not a bad place to put your money , and geez it’s one heck of a drivers car.

Amateurish

7,739 posts

222 months

Wednesday 21st November 2018
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LeasedAlfa said:
This might be better in the 4C pricing thread, but I figured I'd start here.

I'm 18 months into a 2 year lease on a decent spec 4C Spider - currently paying £400 / month.

I contacted Leasys for a quote to extend the lease for a 3rd year. No problem - that will be £800 / month

I also got a price to buy - which is in line with Autotrader prices - so therefore full retail and not trade in.

Needless to say, I won't be extending the lease.

My guess is that they've been caught out and the value of the car is lower than they thought, so they're trying to re-coup some of that. The alternative hypothesis is that they think the value of the car will tank between years 2 and 3.
Have you asked about an "informal" extension? You may be able to get 3 more months at the same rate.