Advice Lease Cars

[soze]

I have decided it is time to change car I have a 9 year old ford focus which according to Fuelly gets an impressive 33mpg! I will soon be getting £200 a month car allowance and have seen this which looks good to me.

http://www.nationwidevehiclecontrac...R_Ecomotive_S_Copa_Pre_Reg_62_Plate-42533.htm

Does any one have any experience of the car or the lease company?

I will never buy a new car again I loot too much on my Focus. And I don't really want to do the saving £7 or £8 grand thing to buy a decent second hand car.

 

[Aada]

Cons: you're paying for depreciation plus the lease company's profit, excess mileage charge and the car has to be returned in good condition at the end of the lease

Pros: the monthly payment (compared to a PCP loan) could be cheaper as the finance company will be able to buy the car cheaper than you can, no concern about depreciation, or having to sell car

Essentially it is still an expensive way to buy as you're owning a car for 2 year from new where depreciation is at its highest.

Make sure you do the numbers and go for a deal and not the car.

You can pick up some cracking 61/12 Ford Fiestas between 8-9000 with very low milage we picked up a 12 reg fiesta last year only 2000 miles on the clock for£8199.

Again just make sure you do the numbers if you are leasing and make sure you are careful with the car as when you return it they will do a full inspection and any sort of damage you will be billed for it.

 

[Raven]

Yeah they can be right dicks about off hire charges.

If you do get one, make sure you check it over and document any problems, chips, marks etc.

Also make sure you know how many miles you drive, then add 20%. It will hurt you more to go over than to not reach your annual amount.

 

[Wazzerphuk]

You can pick up some cracking 61/12 Ford Fiestas

Oxymoron alert!

Fiestas are fucking awful.

 

[Aada]

Oxymoron alert!

Fiestas are fucking awful.

I've had Fiesta's for years and the new models are simply the best yet for their class, look good and the milage is great.

For just over £8000? you stupid cunt.

 

[Tom]

Never in a million years will that Seat achieve the quoted mpg.

 

[Raven]

Never in a million years will that Seat achieve the quoted mpg.

Bloke at work's golf bluemotion gets close to that, I imagine it's basically the same thing.

 

[Olgaline]

Lease second hand - 2-3 years old, 20.000-40.000km,
alot cheaper than leasing brandnew, yet the car is still as good as new, if not better due to have
been broken in.

 

[Moriath]

i had lease car from work once is a right pain to get anything done on them they say its all wear and tear and you need to pay so even though you think its a good deal you can still get stung for repair costs specially at the end when you had it back cause they go over them with a fine tooth comb on everything

 

[Tom]

Bloke at work's golf bluemotion gets close to that, I imagine it's basically the same thing.

On a long run with a careful right foot on the right day with light traffic, mixed with a bit of coffee-machine bullshit. Cars never reach manufacturer's mpg figures, in fact most never get anywhere near them.

 

[DaGaffer]

My experience of personal leases is pretty mixed. I've used Nationwide twice; first time for an Alfa and that was a pretty painless experience (with the lease company not the car), but my more recent experience was with my S3, and in that case Nationwide just acted as a broker, the actual contract ended up being with VW Finance (which I think a SEAT could be the same). VW Finance were pretty unhelpful; especially, as has been pointed out, with the car return. They tried to screw everything out of me to get the max excess. Fortunately for me they fucked up and tried to charge me for an "unsatisfactory repair", which was actually carried out in an Audi dealership, so I could tell them to go fuck themselves. They also fucked up the return delivery slots which meant the car was sat untaxed and uninsured for a week and I had to divert the DVLA's attention to VW.

 

[Himse]

30 MPG my S5 got to 22.5 the other day, record!

 

[Bodhi]

I've had Fiesta's for years and the new models are simply the best yet for their class, look good and the milage is great.

For just over £8000? you stupid cunt.

I'd say you were the stupid one suggesting someone spends 8k on a farty little hatchback. You can get a proper car for that. My 330d was under half that, and has needed nothing more than oil and tyres on a year and 25k miles. My car allowance is around 300 after tax, and I cam run the BMW and put a bit away each month for my next one. Even if you don't want a BMW, there is so much cheap, reliable metal on the market, you'd have to be daft to run a tedious Eurobox.

 

[soze]

It would help if I mentioned that I hate driving and bar thinking that an Aston Martin DB9 is the best looking thing on 4 wheels i am not a car head. So getting a second hand decent car is not something that worries me. I am just looking for 5 doors with as much mpg as i can get without it being a 1.0 that struggles up hills

 

[Raven]

Yeah, same here

 

[Hawkwind]

On a long run with a careful right foot on the right day with light traffic, mixed with a bit of coffee-machine bullshit. Cars never reach manufacturer's mpg figures, in fact most never get anywhere near them.

You forgot to add downhill and wind assisted