Cheap Lease Deals.
Discussion
Evening,
I have been looking for my ever elusive first car for a few weeks now and anything that I look at is neglected, abused or out of my budget – hence why I am attracted to these deals on brand-new cars.
My idea is get a leased Citroen C1 for two years for £76.58 per month with the intention of handing it back at the end. Insurance, as you can appreciate is the deciding factor when looking at first cars and the Citroen C1 is the cheapest I have come across, making the idea even more appealing.
My questions are not regarding the car (having done my research) but instead about the company and/or online broker. Has anyone had experience of dealing with this site? I have heard that there is no balloon or final payment with this site, is that true? What is the process?*
Thank you for reading and any advice and clarification would be appreciated.
* How do you collect it if you decide to go ahead. Do they decide what dealer you collect it from or is it delivered to your local dealer?
I have been looking for my ever elusive first car for a few weeks now and anything that I look at is neglected, abused or out of my budget – hence why I am attracted to these deals on brand-new cars.
My idea is get a leased Citroen C1 for two years for £76.58 per month with the intention of handing it back at the end. Insurance, as you can appreciate is the deciding factor when looking at first cars and the Citroen C1 is the cheapest I have come across, making the idea even more appealing.
My questions are not regarding the car (having done my research) but instead about the company and/or online broker. Has anyone had experience of dealing with this site? I have heard that there is no balloon or final payment with this site, is that true? What is the process?*
Thank you for reading and any advice and clarification would be appreciated.
* How do you collect it if you decide to go ahead. Do they decide what dealer you collect it from or is it delivered to your local dealer?
SEAT are currently offering the Mii Toca for £79pm on contract hire and pcp. Comes with quite a lot of kit and its a better car than a C1 IMO, effectively a rebadged VW Up. As a bonus if you're 21 it has a years FREE insurance
http://www.seat.co.uk/content/uk/brand/en/models/s...
http://www.seat.co.uk/content/uk/brand/en/models/s...
Sixpackpert said:
It's contract hire so there is no final payment as you give the car back at the end of the term.
Having said that, if you have trashed it then you will pay big time for them to put it right to sell.
Thank you. I am not the type to neglect cars and already have car cleaning products at the ready. Having said that, if you have trashed it then you will pay big time for them to put it right to sell.
wemorgan said:
Freedom Contracts - no personal experience, but I've read positive reviews from other members.
The car is delivered to your home or office. The same for the return.
Home delivery would be great - It would still get a PDI check wouldn't it?The car is delivered to your home or office. The same for the return.
va1o said:
SEAT are currently offering the Mii Toca for £79pm on contract hire and pcp. Comes with quite a lot of kit and its a better car than a C1 IMO, effectively a rebadged VW Up. As a bonus if you're 21 it has a years FREE insurance
http://www.seat.co.uk/content/uk/brand/en/models/s...
Thank you for providing the link. http://www.seat.co.uk/content/uk/brand/en/models/s...
Mii (
) mate got a new Seat Mii 1.0 Sport at the start of the month and it is a great car. His example is fully loaded which is nice. That deposit is quite a lot more than the Citroen though. I could pay the deposit, insurance and monthly payments for a year for the price of the Seat deposit.
TorqueR said:
Thank you for providing the link.
Mii () mate got a new Seat Mii 1.0 Sport at the start of the month and it is a great car. His example is fully loaded which is nice. That deposit is quite a lot more than the Citroen though.
I could pay the deposit, insurance and monthly payments for a year for the price of the Seat deposit.
Take a look at http://www.gateway2lease.com/z_citroen_c1_1.0vtr5d... - a smidge cheaper by the looks of it. I've not used G2L before but I know others here have.Mii (
) mate got a new Seat Mii 1.0 Sport at the start of the month and it is a great car. His example is fully loaded which is nice. That deposit is quite a lot more than the Citroen though. I could pay the deposit, insurance and monthly payments for a year for the price of the Seat deposit.
I tried to get a similar thread like this going a while back - http://www.pistonheads.com/gassing/topic.asp?h=0&a... - fell flat on it's face
I've got two cars through Freedom (C1 (great fun little car btw) and SLK), and some friends have a couple of cars with them too (it was their recommendation that made me use them). They're excellent IMO.
Freedom don't actually lease you the car, they just 'broker' it - you'd actually deal with Citroen and PSA finance afterwards (or MB Finance for my SLK).
Freedom don't actually lease you the car, they just 'broker' it - you'd actually deal with Citroen and PSA finance afterwards (or MB Finance for my SLK).
Debaser said:
With lease deals do you get to choose the exact spec of your car?
Yes, you can get anything you want.However, it often ramps the price up, and quite frequently, the best deals are cars that are already in stock, so you can't change much on them (other than 'dealer fit' stuff).
http://www.freedomcontracts.com/viewdeal.asp?ID=11...
Not a bad price for a C63 Coupe on a 2 year lease. Watch the initial payment though, if you can afford it as a deposit then great but factor it into the course of the lease to give a real idea of the cost.
Not a bad price for a C63 Coupe on a 2 year lease. Watch the initial payment though, if you can afford it as a deposit then great but factor it into the course of the lease to give a real idea of the cost.
simo1863 said:
http://www.freedomcontracts.com/viewdeal.asp?ID=11...
Not a bad price for a C63 Coupe on a 2 year lease. Watch the initial payment though, if you can afford it as a deposit then great but factor it into the course of the lease to give a real idea of the cost.
£16k to own a £60k car in its first two years seems like an absolute steal to me.Not a bad price for a C63 Coupe on a 2 year lease. Watch the initial payment though, if you can afford it as a deposit then great but factor it into the course of the lease to give a real idea of the cost.
Does that include VED? The first year is going to be £1,065, and the second year £490. If it's included then that's even more of a bargain.
...and no, i don't work for them...
dapearson said:
£16k to own a £60k car in its first two years seems like an absolute steal to me.
Does that include VED? The first year is going to be £1,065, and the second year £490. If it's included then that's even more of a bargain.
...and no, i don't work for them...
First year VED is included if it's a MB (it'll be on MB Agility).Does that include VED? The first year is going to be £1,065, and the second year £490. If it's included then that's even more of a bargain.
...and no, i don't work for them...
Dog Star said:
dapearson said:
£16k to own a £60k car in its first two years seems like an absolute steal to me.
Does that include VED? The first year is going to be £1,065, and the second year £490. If it's included then that's even more of a bargain.
...and no, i don't work for them...
First year VED is included if it's a MB (it'll be on MB Agility).Does that include VED? The first year is going to be £1,065, and the second year £490. If it's included then that's even more of a bargain.
...and no, i don't work for them...
We've recently leased a facelifted E250CDI. Nappa leather + piano black trim upgrade, 15K miles PA, full term VED. £1800 deposit, 23 x £315.
9K for the first 2 years on a £40K car? I dare say it'll depreciate £10-15K in the same period.
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