24 replies to this topic

[twoclubsandastick]

Hi,

 

I know their have been a couple of lease topics in the past but all a little old, I'm thinking about leasing something to use as my daily driver, around £200 a month does anyone have any experience?

 

Thanks

 

Sarah

[Wolfstone]

I lease (PCP) a Suzuki Swift Sport. Its a hoot as a daily and on twisty B roads. Costs me just over £200 per month over 42 months and with a very reasonable balloon payment of about £4k at the end. That's on 12,000 miles a year.

Edited by Wolfstone, 05 June 2017 - 08:11 PM.

[2GOOD]

Leasing as in you're VAT registered business & can claim the VAT back or personal lease where you're not registered

[Foxy]

I lease (PCP) a Suzuki Swift Sport. Its a hoot as a daily and on twisty B roads. Costs me just over £200 per month over 42 months and with a very reasonable balloon payment of about £4k at the end. That's on 12,000 miles a year.

What's the deposit? My top leasing tips: Chase the deal not the car Beware inflated deposits - amortise costs to get like for like monthlies

[Wolfstone]

Deposit was £1500 from what I recall.

[Foxy]

So about 14 over 3.5yrs? You know a new one is about 11k?

[Mangham54]

I often get 'offers' through for Octavias. It is a fair wedge up front £2250, but then just £139mnth for 2 or 3yrs. That'll get you a decent spec 1.4TSi SE Technology (Nav) or for around £20-30 more per month a 2.0TDi or 2.0TFSi VRS. Simpson's Skoda seem to manage to crack out these deals for fun.

[twoclubsandastick]

Thanks guys some good advice here, I was thinking something like an A4 some interesting deals to be had! 

[Wolfstone]

So about 14 over 3.5yrs? You know a new one is about 11k?

Find me a new one for £11k.

[172Cup]

My last 3 cars have been new and each time I have done the figures buying rather than leasing worked out much cheaper each time for me.  If you are able to get a low interest bank loan 3% and a good discount 18% + through drive the deal etc.

[Foxy]

 

So about 14 over 3.5yrs? You know a new one is about 11k?

Find me a new one for £11k.

 

250 miles on the clock:

http://www.autotrader.co.uk/classified/advert/201702172398639?onesearchad=Nearly%20New&onesearchad=New&advertising-location=at_cars&radius=1500&make=SUZUKI&aggregatedTrim=Sport&postcode=ws136rd&model=SWIFT&sort=price-asc&page=1 

 

I appreciate that's not new but the argument stands - is that first 250 miles worth 3k?

[Foxy]

My last 3 cars have been new and each time I have done the figures buying rather than leasing worked out much cheaper each time for me.  If you are able to get a low interest bank loan 3% and a good discount 18% + through drive the deal etc.

I've had a few lease cars and I agree with the above, but there are so many variables. Leasing only works if you get a really good offer.

[Wolfstone]

 

So about 14 over 3.5yrs? You know a new one is about 11k?

Find me a new one for £11k.  

250 miles on the clock: http://www.autotrader.co.uk/classified/advert/201702172398639?onesearchad=Nearly%20New&onesearchad=New&advertising-location=at_cars&radius=1500&make=SUZUKI&aggregatedTrim=Sport&postcode=ws136rd&model=SWIFT&sort=price-asc&page=1    I appreciate that's not new but the argument stands - is that first 250 miles worth 3k?

Its a fair point Foxy. But the vehicle I secured had £2k of options added to it that aren't on this vehicle. In addition, my deal was done 18 months ago. Since then Suzuki has launched a new version of the Swift with the Sport model due to arrive early next year. That will have affected prices of the 'old' model as some buyers are likely now to want to wait for the new one. I was happy with the deal I got.

Edited by Wolfstone, 06 June 2017 - 09:49 AM.

[Foxy]

 

Its a fair point Foxy. But the vehicle I secured had £2k of options added to it that aren't on this vehicle. In addition, my deal was done 18 months ago. Since then Suzuki has launched a new version of the Swift with the Sport model due to arrive early next year. That will have affected prices of the 'old' model as some buyers are likely now to want to wait for the new one.

I was happy with the deal I got.

 

Year, like I said there are so many variables. 

If you're happy with the deal that's all that counts, but it wasn't a good deal by any measure (and with the benefit of hindsight).

[Wolfstone]

It was a good enough deal in my view given the timing and circumstances.

[The Batman]

I was gonna lease a Octavia vrs but fell out with them so ended up buying one and to be honest it was a much better deal Plus I underestimated how many miles I did so blessing in disguise lol I love the way it handles and drives but does need a few extra horsepower

[JG]

PCP on M140i was cheaper than leasing and there are some very good deals at the moment on M140i (£349 down and £349 a month)

[pete-r]

My M135i was 2000 + 345*48 + 13500 because they were knocking about £8k off the list. Still a sh*t car though

[twoclubsandastick]

I was thinking about an A4 1.4 with 10,000 miles and £1400 deposit for £190 a month. Welcome anyones thoughts?

[The Batman]

Just for reference the vrs estate with extras was 230 a month incuding all parts and servicing etc with 500 down I think