Anybody leased a 12c for a year?
Discussion
My theory behind it is based upon me working out the best way to fund the depreciation. You spend £200k on a new car , keep it 1 year, trade it. You are probably going to return £160k for trade it? So that £40k the car has cost you ( without running costs)
So if you could lease one for a year for £40k or less for a year then it's cost you the same , but you haven't tied up your Capitol in the car. I could put the 200k into a house for buy to let, or give the 200 k to an investment house to get me a return with would part fund the lease.
Yes I agree it's cheaper to buy a second hand and some of the earlier cars for around £120-130k look tempting, but even if you bought one of those, you are still going to take a substantial hit on depreciation .
I'm not interested in a lease purchase, but a pure 1 year lease hire. I wouldn't be putting myself into debt as I have the money to cover the lease. At the end of the year, money spent, car returned, carry on with life.
If you look at it the same as one of my delivery vans. Do I tie up the companies Capitol in a depreciating asset? Or do I lease for 3 years, put known cost into the overheads .
The sensible thing is to put capital into an apriciating asset which you can enjoy driving, say a 997gt3RS, but if I'm honest, I don't really fancy a Porsche. I realise it's probably a stupid thing to do, but sometimes it's good to go through the idea fully to prove/disproveit.
As always it's subject to man maths rules:- you can justify any cost for a car, if you really want it.
So if you could lease one for a year for £40k or less for a year then it's cost you the same , but you haven't tied up your Capitol in the car. I could put the 200k into a house for buy to let, or give the 200 k to an investment house to get me a return with would part fund the lease.
Yes I agree it's cheaper to buy a second hand and some of the earlier cars for around £120-130k look tempting, but even if you bought one of those, you are still going to take a substantial hit on depreciation .
I'm not interested in a lease purchase, but a pure 1 year lease hire. I wouldn't be putting myself into debt as I have the money to cover the lease. At the end of the year, money spent, car returned, carry on with life.
If you look at it the same as one of my delivery vans. Do I tie up the companies Capitol in a depreciating asset? Or do I lease for 3 years, put known cost into the overheads .
The sensible thing is to put capital into an apriciating asset which you can enjoy driving, say a 997gt3RS, but if I'm honest, I don't really fancy a Porsche. I realise it's probably a stupid thing to do, but sometimes it's good to go through the idea fully to prove/disproveit.
As always it's subject to man maths rules:- you can justify any cost for a car, if you really want it.
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