News0 min ago
Personal Car Leasing
I have asked this before but did not get an answer.
I was hoping that someone might be able to offer me some advice on this.
Thanks
I was hoping that someone might be able to offer me some advice on this.
Thanks
Answers
Best Answer
No best answer has yet been selected by shiznit. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.We have six cars on our business, some are purchased and some are leased. The for and against depends on the demand that exists in the market place for a particular vehicle at a particular time. For example, there has been a huge shift from petrol to diesel cars. While this has been going on the car makers have still had to keep the petrol engine plants running so they gave additional discounts for petrol cars. These allowances were passed on to the car lease companies who reflected them in their prices.
I suggest you get hold of a copy of "What Car" and check the leasing offers. Multiply the monthly rental totals and add in the usual 3 months deposit., that gives the total cost of keeping the car for the agreed period. Look up the list price of the car and the estimated residual value after three years. This exercise will usually show if the car makers have been pushing slow moving stock. About a year ago there was an offer of an Audi A6 for �155.00 per month. It was a run out model being cleared before the introduction of the new model. It was, of course, petrol engined.
I suggest you get hold of a copy of "What Car" and check the leasing offers. Multiply the monthly rental totals and add in the usual 3 months deposit., that gives the total cost of keeping the car for the agreed period. Look up the list price of the car and the estimated residual value after three years. This exercise will usually show if the car makers have been pushing slow moving stock. About a year ago there was an offer of an Audi A6 for �155.00 per month. It was a run out model being cleared before the introduction of the new model. It was, of course, petrol engined.
Thanks byrnesix, that is really helpful. That A6 sounds like some people got an excellent deal. Will take your advice and see how I get on. Im changing cars because my current car is costing too much in petrol so I am looking for a diesel, so I might struggle a little. The A4 anf 320cd BMW are the favourites at the moment.
By a strange coincidence I am looking at the A4 and 3 series. The A4 is due to be run out shortly to be replaced by a completely new model A4. The new A4 is previewed by the new A5 that has the same new chassis. There are bound to be some deals on the present A4 but I have not had time to waste in dealer's showrooms to find out. I did spend some time with BMW where it was quietly mentioned that there was a 15% discount available on some new 3 series cars. The reason i spent more time with BMW is that they have a proper automatic gearbox not the dreadful CVT box that comes in the Audi. Also the 320D engine is much better than the 2.00 litre Audi diesel. Lastly do not get carried away with the idea that diesels are cheaper to run. If most of your journeys are on motorways the diesel is king but if you run mainly in the suburbs your diesel will drop from about 50mpg to the mid thirties. A diesel car costs about �1000 more than a petrol car to buy and diesel fuel costs more. The latest generation of petrol engines from VW group and BMW are very frugal. However there is no petrol engine under about 5 litres that drives as well as the latest generation 2 litre diesels. Have you noticed that our little dialog has flagged up some leasing companies showing on the right of this page?
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