Tell Me About: Leasing
- Thread starter Squink
- Start date
Thanks, this is the sort of information I need. I imagine they wait until you're mentally in too deep before they hit you with tough wear and tear clauses.
Sorry, not easy to quote separate posts on a phone....
It's starting to look like it'll be something like this. Then I can over pay to clear the credit card quicker if I want. I think the headline figures on the leases are designed to draw you in.
~£4k seems to get you a 4/5 year old Clio, 207 or Micra. All much of a muchness to me, but you/she might have a preference. In the end I'd choose based on overall condition (as well as what's available).
I picked up a 207 recently for £3.7K for the other half which will be her first car. Personally, I would say to look to make sure whatever you get has air con.
I picked up a 207 recently for £3.7K for the other half which will be her first car. Personally, I would say to look to make sure whatever you get has air con.
To be honest there's nothing terribly tough about it - you just have to return the car in the condition it was given to you in, less normal wear and tear.
So the odd stone chip wont be a problem but a dent on the door and scuffed wheels etc would need to be fixed before handing it back. If you hand it back with damage, they'll charge you the cost to fix them (which will be higher than you could fix it for yourself)
If you lease a car for 2-3yrs do you get billed for every bad scratch and dent? Or major scuffs on the alloys?
Most people i know who lease treat them like crap but then I've heard of others getting billed crazy money for damage when returning it.
I only keep cars 12 months and everyone of them has been whacked or scratched by other idiots out of my control so it would be nigh on impossible to keep a new car mint for 3yrs
Most people i know who lease treat them like crap but then I've heard of others getting billed crazy money for damage when returning it.
I only keep cars 12 months and everyone of them has been whacked or scratched by other idiots out of my control so it would be nigh on impossible to keep a new car mint for 3yrs
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Has anybody ever extended their lease at the end of the fixed term?
I see some offers state the option may be there to extend by up to a further year.
Does the monthly rental tend to stay the same, or is a new offer made for any additional months?
I've been quoted £209 per month on a 3 year instead of £179 per month on a 2 year.
Which actually works out effectively £11 dearer per month for the 3 year over the 2 year, since the deposit is the same at £1490.
If I request to extend at the end of year 2, what's the likelihood of this continuing at £179?
This is on the new Skoda Superb Estate.
(I guess this may be a VW FS standard thing so any experience of VAG leasing could be relevant)
I see some offers state the option may be there to extend by up to a further year.
Does the monthly rental tend to stay the same, or is a new offer made for any additional months?
I've been quoted £209 per month on a 3 year instead of £179 per month on a 2 year.
Which actually works out effectively £11 dearer per month for the 3 year over the 2 year, since the deposit is the same at £1490.
If I request to extend at the end of year 2, what's the likelihood of this continuing at £179?
This is on the new Skoda Superb Estate.
(I guess this may be a VW FS standard thing so any experience of VAG leasing could be relevant)
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My maths might be broken, but with the same deposit how is £209/month over 3 years only £11 more expensive than £179/month over two years? I'd make that £30/month dearer?
My maths might be broken, but with the same deposit how is £209/month over 3 years only £11 more expensive than £179/month over two years? I'd make that £30/month dearer?
The deposit is apportioned across more months. Add up the total cost and divide by the number of months