Worth leasing a car? Mercedes SLK 2012

[LeeKn]

Hi guys.

A new SLK 1.8 blueeffiency 2012 is £30k.

I'm only wanting the car for 2 years.

I've found a good car lease deal. £250 a month for 24 months.

I can buy the car out straight for £30,000, but in the long run would it be cheaper for me to get a car lease.

Car lease 24 months = £6000

Because the logic I'm using is, after 24 months the car will have depreciated. Meaning I would of lost money.

so what would be the best option for me? Buying the car outright then selling it after 2 years. Or Get a car lease and pay £6k overall.

Thanks

[Toaster Pilot]

What about the initial payment on the lease?

[dave87]

But SLK's are rubbish for supermarket shopping? For the frequency of trips to the supermarket you do, surely you need an estate?

[BE57 TOY]

If you can stay within the mileage of a £250 month lease, this will be a much cheaper method and your £30,000 can be earning some interest in a bank/ISA.

[Shaw Tarse]

Have you thought about insurance?

[Toaster Pilot]

You'll need to comprehensively insure a lease car, driving it using the driving other cars clause on your 1.2 Clio won't cover it

[LeeKn]

Shaw Tarse said:

Have you thought about insurance?

Yeah I've found insurance for £6k which Im prepared to pay. The price is decent for a 19 years old. Fully comp.

Btw the contract is 23+3

But you can adjust the initial payment, so the more months you pay upfront the cheaper it will be overall.

[Chrisw666]

You can lease an SLK 250CDI on a 6 + 23 profile for £199 PM + VAT.

Despite being a diesel convertible, which seems an odd combination still, it seems great value.

[Shaw Tarse]

LeeKn said:

Shaw Tarse said:

Have you thought about insurance?

Yeah I've found insurance for £6k which Im prepared to pay. The price is decent for a 19 years old.

Btw the contract is 23+3

But you can adjust the initial payment, so the more months you pay upfront the cheaper it will be overall.

On the Clio or Merc?

[LeeKn]

Chrisw666 said:

You can lease an SLK 250CDI on a 6 + 23 profile for £199 PM + VAT.

Despite being a diesel convertible, which seems an odd combination still, it seems great value.

Sorry if this is a stupid question, but why do people think diesel is bad?

Someone even said to me to get a petrol. They didn't even give me an explanation why.

Thanks for the help guys btw

[Toaster Pilot]

You're willing to pay 6 grand a year for insurance and are bothered whether leasing is cheaper than ownership?

..... NEXT

[LeeKn]

Shaw Tarse said:

LeeKn said:

Shaw Tarse said:

Have you thought about insurance?

Yeah I've found insurance for £6k which Im prepared to pay. The price is decent for a 19 years old.

Btw the contract is 23+3

But you can adjust the initial payment, so the more months you pay upfront the cheaper it will be overall.

On the Clio or Merc?

Mercedes. I'm driving a clio now which costs only £2k.

[LeeKn]

Toaster Pilot said:

You're willing to pay 6 grand a year for insurance and are bothered whether leasing is cheaper than ownership?

..... NEXT

You have to pay the price to be driving a sports car at 19. It was better than the initial £11k quotes i was getting right from the start of my search!

[Toaster Pilot]

Sports car

[ocrx8]

Chrisw666 said:

You can lease an SLK 250CDI on a 6 + 23 profile for £199 PM + VAT.

Despite being a diesel convertible, which seems an odd combination still, it seems great value.

Where is this deal?

[LeeKn]

Toaster Pilot said:

Sports car

'Mercedes-Benz SLK 250 BlueEFFICIENCY AMG Sport Edition'

[Fox-]

LeeKn said:

You have to pay the price to be driving a sports car at 19.

£6k on insurance for something like an SLK? I mean... really? If you do that, in 5 years time you will look back and cry into your cornflakes at how mind numbingly stupid a move it really was.

[LeeKn]

Fox- said:

LeeKn said:

You have to pay the price to be driving a sports car at 19.

£6k on insurance for something like an SLK? I mean... really? If you do that, in 5 years time you will look back and cry into your cornflakes at how mind numbingly stupid a move it really was.

It's fine, I can afford it. You don't have to worry about how I'll feel in 5 years time. The question was is it cheaper to lease or purchase outright.

[Pat H]

LeeKn said:

Shaw Tarse said:

Have you thought about insurance?

Yeah I've found insurance for £6k which Im prepared to pay. The price is decent for a 19 years old.

The world has gone mad.

Why on earth would a 19 year old want a 1.8 SLK?

Even my Mum would turn her nose up at one of them, and she's 75.

And six grand for insurance?

I really, really hate to say this, but have you ever considered an old MX5?

It would be ten times more fun for a fraction of the price.

[LeeKn]

Pat H said:

LeeKn said:

Shaw Tarse said:

Have you thought about insurance?

Yeah I've found insurance for £6k which Im prepared to pay. The price is decent for a 19 years old.

Why on earth would a 19 year old want a 1.8 SLK?

Why wouldn't I?

I like the car; simple.

It's funny how you guys can never answer the question which was initially asked.