£200 per month - what will this buy / lease / rent

[9005rpm]

Hi All,

I need to organise a good value hatchback for taking children around the place. I have in mind something the size of a Seat Ibiza, or similar. Needs to be able to take just two child seats in the back.

My question to the wise people of PH is how I should proceed. I can lease something like a Seat Ibiza for around £200 per month, and have no hassle over servicing etc, and be comfortable that it is as safe as it can be in terms of current technology. Or, I can buy a Focus or similar for maybe £5k. Or maybe I am missing something altogether as an option.

All advice gratefully received.

Cheers.

[homerjay]

ive always felt 200 is a little short, prob need 250-300 for something 'reasonable'

although nissan quashqai are that kind of money it seems, if you like that kinda thing.

or golf bluemotions and audi a3 1.6's are about £250

or vw tiquans for a little more, which is financially a cracking deal imo

problem with leasing is that most of the deals are business only.

on a pcp, i reckon your talking about a 10k car and there arent many new 10k cars out there.

few deals on here http://www.carleasingspecialoffers.co.uk/

or good old ling http://www.lingscars.com/price_list.php?make=ALL&a...

Edited by homerjay on Tuesday 19th October 11:59

[9005rpm]

Good advice. Presumably I can do a personal lease, although I suppose there would be VAT on top. I have always bought my cars outright, and I am trying to get my head around what is effectively a rental.

[homerjay]

as long as the total you pay adds up to less that the depreciation, i guess it makes more sense than buying outright.

like i say, not all deals allow you to 'just add the vat'

and i wouldnt hold youself to just leasing, a decent deal on a pcp can be just as good if not better (search bmw 635d and merc amg c63 deals on here)

www.drivethedeal.com will give you discounted new prices and a cost as pcp.

plus you can end a pcp (with some charges of course), but i know know if getting out of a personal lease it even possible?

Edited by homerjay on Tuesday 19th October 12:23

[SarGara]

Renault for a £999 down, £199 p/m over 2yrs lease deal on their Clio sport 200 cups. Cant think of another manufacturer that allows you to get a brand new 200bhp car for that.

[homerjay]

SarGara said:

Renault for a £999 down, £199 p/m over 2yrs lease deal on their Clio sport 200 cups. Cant think of another manufacturer that allows you to get a brand new 200bhp car for that.

wheres this?

[homerjay]

double post

Edited by homerjay on Tuesday 19th October 12:37

[LukeBird]

SarGara said:

Renault for a £999 down, £199 p/m over 2yrs lease deal on their Clio sport 200 cups. Cant think of another manufacturer that allows you to get a brand new 200bhp car for that.

That's a pretty good deal!

[p17sut]

For that kind of car and price range, the Mazda 2 has very competative offers through Mazda finance.
Maybe slightly smaller than an Ibiza, as its similar to the Fiestas.
£200 would probably get a nice 5 door 1.3 Takoya special edition or maybe even a 5 door 1.5 Sport model.

[homerjay]

LukeBird said:

SarGara said:

Renault for a £999 down, £199 p/m over 2yrs lease deal on their Clio sport 200 cups. Cant think of another manufacturer that allows you to get a brand new 200bhp car for that.

That's a pretty good deal!

£302pcm on a 24month pcp with the discounted rrp of £14712 on drivethedeal

[Motorrad]

Have looked and cannot find the 'too good to be true' 199 quid a month clio sport deal anywhere. Link please!

[SarGara]

Motorrad said:

Have looked and cannot find the 'too good to be true' 199 quid a month clio sport deal anywhere. Link please!

I can assure you it exists, im on it with my 3 week old 200 cup

Let me dig up the link, its originally a Lookers deal but other Renault garages will match it (got mine from Crawley Down Renault).
http://www.lookers.co.uk/special-offers-car-sales/...

[edit] It appears the £199 per month expired in Sept, its now £205 per month instead.

[homerjay]

Cash Price: £16,710
Dealer Contribution £3,072
Customer Deposit £999.00
24 Monthly Payments: £199
Acceptance fee: £99
Credit facility fee: £139
Option to purchase fee: £10
GFV/Optional Final Payment: £8,575
Total Amount Payable: £14,620.80

Typical 4.9% APR


And its a PCP, so if the car is worth more than 8575 in 24 months then thats cash in your pocket.

Cheapest one on autotrader at 18 months old is £11600, trade value is prob about 10k?

Edited by homerjay on Tuesday 19th October 13:52

[s3fella]

Tru Ling cars. There is a ibiza for about 180 a month, a skodia fabia diesel fot £170.

Seems cheap.

[Original Poster]

Seems stupid not to go for the Clio deal, that is excellent.

[homerjay]

Original Poster said:

Seems stupid not to go for the Clio deal, that is excellent.

its tempting me, the only thing that would stop me, would be the turnaround. as i guess these are built to order?

Edited by homerjay on Tuesday 19th October 15:43

[SlimRick]

Any track day restrictions on a leased car? 'Cause I'd find it impossible to resist taking that Renault out

[homerjay]

SlimRick said:

Any track day restrictions on a leased car? 'Cause I'd find it impossible to resist taking that Renault out

well they actively promote it on their website.

http://www.renaultsport.co.uk/roadcars/cliocup/

Edited by homerjay on Tuesday 19th October 15:55

[SlimRick]

It'd be rude not to then!!!!

Edited by SlimRick on Tuesday 19th October 16:00

[va1o]

People always rave on about how good they think Ling cars is, but I would disagree. Once you have spent a few hours shopping around you will quickly discover you can get more for your money elsewhere. I don't think Ling has as good deals as she used to.

Edited by va1o on Tuesday 19th October 16:18