Lease or Lease purchase?
Discussion
Hi all
After some advice, signed up to deal for the lease golf r deal (2.4k deposit, £179.99 for poverty spec 5 door) around 3 weeks ago. Since then I managed to get a test drive in a VW garage up north with 2 x Golf R's for sale whilst I was away in the area. One was Manual demonstrator and the other a 14 plate 5 door Lapiz Blue, DSG, Sunroof, Keyless, winter pack, 1.5k miles - £30k.
DSG was amazing and I found it far better than the manual. This has confused me and im now contemplating raising funds via lease purchase or PCP rather than the lease deal. The deal I got from a finance company (VW place couldn't touch it) was based on a personal lease purchase and £11k deposit, 10k mpa, over 30 months with a 14k fv for £250 a month.
Whilst I know I will spend far more than the 6.5k for the lease deal, given the spec, in 30 months time when it is 3 years old would it be worth a lot less than 18k with a max of 25k miles? So would then have option to sell or p/ex car and pay off the FV (pocketing some equity I would hope) or keep it and pay off the 14k balloon payment.
Or is this man maths so I can have the Golf R now rather than wait?
After some advice, signed up to deal for the lease golf r deal (2.4k deposit, £179.99 for poverty spec 5 door) around 3 weeks ago. Since then I managed to get a test drive in a VW garage up north with 2 x Golf R's for sale whilst I was away in the area. One was Manual demonstrator and the other a 14 plate 5 door Lapiz Blue, DSG, Sunroof, Keyless, winter pack, 1.5k miles - £30k.
DSG was amazing and I found it far better than the manual. This has confused me and im now contemplating raising funds via lease purchase or PCP rather than the lease deal. The deal I got from a finance company (VW place couldn't touch it) was based on a personal lease purchase and £11k deposit, 10k mpa, over 30 months with a 14k fv for £250 a month.
Whilst I know I will spend far more than the 6.5k for the lease deal, given the spec, in 30 months time when it is 3 years old would it be worth a lot less than 18k with a max of 25k miles? So would then have option to sell or p/ex car and pay off the FV (pocketing some equity I would hope) or keep it and pay off the 14k balloon payment.
Or is this man maths so I can have the Golf R now rather than wait?
This doesnt sound right to me, have you asked on the golf r thread?
Changing to a DSG shouldn't be an issue and a 6k deposit sounds wrong, you should be able to just pay an increased rental.
The main problem is if the build is delayed the deal may not even happen. AFAIK the cars will have to be registered by the end of March for them to go through.
I would check on here or ask on the r forum.
Changing to a DSG shouldn't be an issue and a 6k deposit sounds wrong, you should be able to just pay an increased rental.
The main problem is if the build is delayed the deal may not even happen. AFAIK the cars will have to be registered by the end of March for them to go through.
I would check on here or ask on the r forum.
jsmjsm said:
This doesnt sound right to me, have you asked on the golf r thread?
Changing to a DSG shouldn't be an issue and a 6k deposit sounds wrong, you should be able to just pay an increased rental.
The main problem is if the build is delayed the deal may not even happen. AFAIK the cars will have to be registered by the end of March for them to go through.
I would check on here or ask on the r forum.
Thanks have posted on the lease thread to see if anyone has added.Changing to a DSG shouldn't be an issue and a 6k deposit sounds wrong, you should be able to just pay an increased rental.
The main problem is if the build is delayed the deal may not even happen. AFAIK the cars will have to be registered by the end of March for them to go through.
I would check on here or ask on the r forum.
It's not 6k deposit, I meant initial payment changes apparently
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