I used to buy nice flash cars when I was younger then I got a mortgage, when it came to fitting a new central heating system and combi boiler I had to sell my car.
As a temporary replacement I obtained a £600 second hand Nissan Micra just to get around until I could afford to buy a car that didn't require a brown paper bag over the head to drive.
Four years later I still own it, it still drives like new, it's never let me down absolutely bulletproof, I get 300 + miles out £30 worth of fuel, it costs £15 to service (as I do it myself) I can park it anywhere without having to constantly worry about some clown denting or damaging it.
Just my opinion but to shell out £150 + per month on a car you won't own doesn't seem a bargain to me.

Don't forget to factor in brown paper bag costs, unless you've been using the same bag for the last 4 years.

I’ve just leased a BMW 118i sport and its costing total about £220 a month that should see me do 10000 miles per year. The actual mileage allowance is 5000 per year however excess mileage is 6.4p per mile so £64 per 1000 so I’ve factored that into my calculation. My last car was a Vauxhall Astra 2010 that I bought in 2012 and gave £8000 for I had finance on it at over 4 years at £166 per month and £18 road tax per month. I am now struggling to get £4000 for it so that’s £95 per month depreciation. So in three and half years its cost me £166 + £18 + £95 = £279 per month. There is the argument that the car is almost paid for and thus won’t cost as much but I do get slightly bored of cars and like to change them. And so this is why I went for a lease deal. First one I’ve ever done and will have to see how it goes. But for less per month I’m not driving a second hand Vauxhall but a £20000 BMW, bottom of the BMW range maybe but it’s still a nice car to drive. Also I don’t have to have a stupid argument with a clown of a salesman when I change it just order whatever I choose and it will be delivered to the door. Hope that goes some way to explaining it. :smile:

I'm still yet to be converted to leasing. Yes, I can see the appeal of driving a new car every year or two, also the servicing and maintenance plans that included in some of the deals are a bonus. What stops me going for any of them is the mileage limit. If you do a relatively small amount of miles, then a deal like this would be great, but my mileage fluctuates year-on-year and leasing just doesn't seem to offer the flexibility that owning the car does. There's also the whole "you pay all that and don't actually own it" argument, especially for the more expensive cars. I think I fall more on the side of the ones arguing that, rather than against it. For example, I bought a 09 plate 120d M-sport coupé last December for around £10k. My old car as deposit and a decent rate on a bank loan for the rest and that takes me to around £165pm over 4 years. Over my 12 months of ownership, it hasn't cost me a penny other than insurance and fuel. The car had 34k miles on the clock and has 20k mile service intervals. What's better is the fact that it's already lost a hefty amount in depreciation before I bought it, and I imagine that I'd still get a decent amount back in a few years when I come to sell it.
I've not seen any leasing deals that can get anywhere near this value when leasing. And I'd much rather drive the BMW than a Citröen, any day of the week (after the joy of previous ownership of a Peugeot).
Not hating, just sparking constructive conversation/debate, rather than the usual "lease, cold" comments. I'd be happy to listen to anyone that can sway me towards leasing.

Looks good but 14 months insurance may be difficult?

£154 a month!

£158.47 :stuck_out_tongue:

I'm fairly sure it will be Initial deposit + 13 monthly payments so £154.19/month

Think I'd want something better than a citroen for that money!

£​158.475714!

Ok you win, pedant! :smile:

sure you can get a better car for £150+ amonth