A Class Leasing Doubts
A Class Leasing Doubts
Author
Discussion

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
I’ve just signed up a 9x23 deal, £2500 down with £283pm for the A200 AMG, with that being a total payable of around £9500 over the 2 years

Working that out as a percentage is around 30% RRP which isn’t considered the best of deals, with it being a new model you can’t really be sure on the depreciation until it happens really, would you class this as an OK deal? The A250 was better value but I couldn’t get insurance cheap enough with this.

I didn’t really think too much at the time, bit of blinded vision with the new interior but over 2 years to pay nearly £10,000 and have nothing to show for it hurts quite a bit. On the other hand, I’m young with no commitments and it’s an experience to have driving a brand new car.

What are other people’s deals like who’s got the A-Class?

Edited by Zeixn9 on Saturday 4th August 15:30

Integroo

11,585 posts

105 months

Saturday 4th August 2018
quotequote all
10k to rent a family hatchback for two years. No thanks

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
Integroo said:
10k to rent a family hatchback for two years. No thanks
It’s a little bit more than just a ‘family hatchback’ though...

DoubleD

22,154 posts

128 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
It’s a little bit more than just a ‘family hatchback’ though...
In what way?

Funk

27,190 posts

229 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
Integroo said:
10k to rent a family hatchback for two years. No thanks
It’s a little bit more than just a ‘family hatchback’ though...
I'm afraid it isn't... It's just a 1.6 hatch with 156bhp that does 60 in 8.5 seconds. It's the very epitome of a boggo family hatch, and not a particularly great deal unfortunately. Can you cancel out of it or have you got the car already?

Edit: I see it may be a 1.3L engine in the most recent version...

Edited by Funk on Saturday 4th August 16:00

Jag_NE

3,276 posts

120 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
Integroo said:
10k to rent a family hatchback for two years. No thanks
It’s a little bit more than just a ‘family hatchback’ though...
This is going to go well....

Monkeylegend

28,109 posts

251 months

Saturday 4th August 2018
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DoubleD said:
Zeixn9 said:
It’s a little bit more than just a ‘family hatchback’ though...
In what way?
It's a Merceeeeeedes family hatchback.

OP, how many miles pa is that for?

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
Funk said:
I'm afraid it isn't... It's just a 1.6 hatch with 156bhp that does 60 in 8.5 seconds. It's the very epitome of a boggo family hatch, and not a particularly great deal unfortunately. Can you cancel out of it or have you got the car already?

Edit: I see it may be a 1.3L engine in the most recent version...

Edited by Funk on Saturday 4th August 16:00
I could probably cancel out minus the admin fee that the broker charged me, the car is delivered on Wednesday.

The speed is a factor, but not big for me. I'm too young to be getting anything like a 2+L that goes 0-60 in 6 seconds an under, insurance is over £3K if I'm looking at something like that.

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
Monkeylegend said:
DoubleD said:
Zeixn9 said:
It’s a little bit more than just a ‘family hatchback’ though...
In what way?
It's a Merceeeeeedes family hatchback.

OP, how many miles pa is that for?
It's for 10K miles per year, have you got one or been looking at any?

Funk

27,190 posts

229 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
I could probably cancel out minus the admin fee that the broker charged me, the car is delivered on Wednesday.

The speed is a factor, but not big for me. I'm too young to be getting anything like a 2+L that goes 0-60 in 6 seconds an under, insurance is over £3K if I'm looking at something like that.
Buy something cheap - outright - and build up your NCB. Then spunk that same money on something more interesting later - my Golf R is pretty much the same as your A200 on lease for example.

There are much, much better deals out there IMO.

Edited by Funk on Saturday 4th August 16:24

Mo28

907 posts

120 months

Saturday 4th August 2018
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Your are aware that the lease A-class' come with much less spec than the ones that are pictured all over the media, so the interior looks nowhere near as 'nice'. Like everyone else has said that is a lot of money to pay for a standard hatchback, especially when you compare it to people paying £500-£1000 more to lease Audi S4's.

Monkeylegend

28,109 posts

251 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
Monkeylegend said:
DoubleD said:
Zeixn9 said:
It’s a little bit more than just a ‘family hatchback’ though...
In what way?
It's a Merceeeeeedes family hatchback.

OP, how many miles pa is that for?
It's for 10K miles per year, have you got one or been looking at any?
That's 50p per mile if you do the full 10k pa plus your other running costs. If you are ok with that go for it. We all pay for depreciation one way or the other and at least you will have the pleasure of a new car for a while.

Do what you want, don't be influenced by a group of strangers on the internet, it's your money.

I have a couple of older Mercs, not to keen on their current range, a bit too glitzy for my old tastes.



dave_s13

13,962 posts

289 months

Saturday 4th August 2018
quotequote all
The new a class is supposed to be really quite good, depending on spec.

If it's got all the gadgets and whatnot it'll be smart enough.

As a young person with that sort of monthly spend avaiable for a car though, I'd buy something used, get some NCB built up then get something you actually want/desire.

Monkeylegend

28,109 posts

251 months

Saturday 4th August 2018
quotequote all
dave_s13 said:
The new a class is supposed to be really quite good, depending on spec.

If it's got all the gadgets and whatnot it'll be smart enough.

As a young person with that sort of monthly spend avaiable for a car though, I'd buy something used, get some NCB built up then get something you actually want/desire.
Cast your mind back to when you were young and being "sensible" doesn't factor into making decisions such as this.

Babies, houses, wives and being sensible can wait a few years smile

Camelot1971

2,816 posts

186 months

Saturday 4th August 2018
quotequote all
Isn't the time to ask before you sign a contract?

It'll be a nice enough car but that is overpriced compared to other deals out there. PCP would probably be cheaper too.

Integroo

11,585 posts

105 months

Saturday 4th August 2018
quotequote all
Monkeylegend said:
Cast your mind back to when you were young and being "sensible" doesn't factor into making decisions such as this.

Babies, houses, wives and being sensible can wait a few years smile
True, I'm in my twenties and have a car on pcp, but not a family hatchback and it's almost half the price...

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
Camelot1971 said:
Isn't the time to ask before you sign a contract?

It'll be a nice enough car but that is overpriced compared to other deals out there. PCP would probably be cheaper too.
Yeah, would've probably been best to ask before! It was very blurred vision from me, I just saw an amazing car all round and pulled the trigger, setting everything up within a few days with no though of the future.

With it being a few days before I'm committed, I am starting to have doubts, just troubled with what to do as my car before this was an Audi A1, and the interior was really lacking.

In an ideal world, I would take the new Polo 2.0 GTi any day of the week, nice interior and good performance, just a shame it's so hard to get insured on that even with 2 years NCB.

Zeixn9

Original Poster:

21 posts

88 months

Saturday 4th August 2018
quotequote all
Funk said:
Zeixn9 said:
I could probably cancel out minus the admin fee that the broker charged me, the car is delivered on Wednesday.

The speed is a factor, but not big for me. I'm too young to be getting anything like a 2+L that goes 0-60 in 6 seconds an under, insurance is over £3K if I'm looking at something like that.
Buy something cheap - outright - and build up your NCB. Then spunk that same money on something more interesting later - my Golf R is pretty much the same as your A200 on lease for example.

There are much, much better deals out there IMO.

Edited by Funk on Saturday 4th August 16:24
I have 2 years NCB already, but it's still extortionate prices for insurance. If only I could get insurance on a Golf R?

With you saying it's a similar price, does it not bother you that you will be also paying £10,000 over a few years for it to be handed back?

Wooda80

1,743 posts

95 months

Saturday 4th August 2018
quotequote all
Zeixn9 said:
With you saying it's a similar price, does it not bother you that you will be also paying £10,000 over a few years for it to be handed back?
That's what it costs though, if you want to change your car every couple of years.

Even if you pay £30000 cash for something then you'd be lucky to get £20000 back for it as a trade in after 2 years. It's nice to have a new car ( whether it;s brand new or just new to you ) and if you want it and can afford it then go ahead and enjoy it.

Macneil

1,043 posts

100 months

Saturday 4th August 2018
quotequote all
Mate get out of it if you’re having doubts now it will eat you up over two years. I lease a GLA 220 for less than you’re paying. I’m prolly old enough to be your dad, I can afford to spend that for no return but for someone your age it’s frankly silly and a bit vain. Unless you have some sort of private income or own your home you could spend that money far more wisely. It’s a bad deal, far better to suck up the loss of the fee now and look elsewhere.