Worth leasing a car? Mercedes SLK 2012

Worth leasing a car? Mercedes SLK 2012

Author
Discussion

LeeKn

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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

12,018 posts

101 months

Friday 24th February 2012
quotequote all
What about the initial payment on the lease?

dave87

524 posts

146 months

Friday 24th February 2012
quotequote all
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

2,395 posts

90 months

Friday 24th February 2012
quotequote all
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

29,045 posts

146 months

Friday 24th February 2012
quotequote all
Have you thought about insurance?
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Toaster Pilot

12,018 posts

101 months

Friday 24th February 2012
quotequote all
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 wink

LeeKn

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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

22,655 posts

142 months

Friday 24th February 2012
quotequote all
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

29,045 posts

146 months

Friday 24th February 2012
quotequote all
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

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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

12,018 posts

101 months

Friday 24th February 2012
quotequote all
You're willing to pay 6 grand a year for insurance and are bothered whether leasing is cheaper than ownership?

..... shout NEXT

LeeKn

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
Toaster Pilot said:
You're willing to pay 6 grand a year for insurance and are bothered whether leasing is cheaper than ownership?

..... shout 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

12,018 posts

101 months

Friday 24th February 2012
quotequote all
Sports car rofl

ocrx8

744 posts

139 months

Friday 24th February 2012
quotequote all
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

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
Toaster Pilot said:
Sports car rofl
'Mercedes-Benz SLK 250 BlueEFFICIENCY AMG Sport Edition'

heheclap

Fox-

13,151 posts

189 months

Friday 24th February 2012
quotequote all
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

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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

7,161 posts

199 months

Friday 24th February 2012
quotequote all
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

Original Poster:

24 posts

89 months

Friday 24th February 2012
quotequote all
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.