There is always an issue with how they advertise deals - massive up front payments!
There is always an issue with how they advertise deals - massive up front payments!
This is 370 quid a month for a Mini
If you think about it all we're really seeing here is leasing back to where it really always was - the occasionally amazing deal made a lot of people think that leasing is generally a good idea yet in almost all cases, even historically, it probably isn't.
In reality it is almost always the most expensive way of having a car - it is a long term hire car and the costs reflect that. Somebody else has to buy it and take the risk on its depreciation and then rent it to you at a profit. I think it is rarely the case really that personal leasing ever makes sense over other forms of vehicle financing.
Including a £25k depositQuite. Anything can be moulded to be £300 a month if you wish.
If you think about it all we're really seeing here is leasing back to where it really always was - the occasionally amazing deal made a lot of people think that leasing is generally a good idea yet in almost all cases, even historically, it probably isn't.
In reality it is almost always the most expensive way of having a car - it is a long term hire car and the costs reflect that. Somebody else has to buy it and take the risk on its depreciation and then rent it to you at a profit. I think it is rarely the case really that personal leasing ever makes sense over other forms of vehicle financing.
How many months down and how long a period?Need a new car asap, seems the 2nd market is just silly atm, so I've been looking at leasing.
found a Corsa 1.2T SRI 130BHP automatic for £227 per month 8k miles no deposit/brokers fee and 1years free insurance.
I was PCP'ing a Fiesta 1.6 Zetec S with Ford Privilege for £225/mo about 10 years ago so £227 with no depo and a years insurance sounds like an absolute steel.Need a new car asap, seems the 2nd market is just silly atm, so I've been looking at leasing.
found a Corsa 1.2T SRI 130BHP automatic for £227 per month 8k miles no deposit/brokers fee and 1years free insurance.
That’s what I thought, was originally looking at 2nd hand for around 8k, but used prices are crazy.I was PCP'ing a Fiesta 1.6 Zetec S with Ford Privilege for £225/mo about 10 years ago so £227 with no depo and a years insurance sounds like an absolute steel.
You mentioned you needed the car ASAP - have you checked the lead times for new Corsa deliveries? Could be a long wait ! [This is why the used car market is very strong]That’s what I thought, was originally looking at 2nd hand for around 8k, but used prices are crazy.
Also noticed lots of cat s car being sold!!
14-21 daysYou mentioned you needed the car ASAP - have you checked the lead times for new Corsa deliveries? Could be a long wait ! [This is why the used car market is very strong]
For a corsa? :/Need a new car asap, seems the 2nd market is just silly atm, so I've been looking at leasing.
found a Corsa 1.2T SRI 130BHP automatic for £227 per month 8k miles no deposit/brokers fee and 1years free insurance.
0 months down and 36 month contractHow many months down and how long a period?