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.

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.

I've just rang and this deal has now been fully allocated. It would be nice for the website to get updated though...

As i suspected you do not know of a better deal!

Maybe, but I love my job, I work with a great bunch of guys, they pay me well and there are some great opportunities coming along - and that's a pretty rare thing to say these days!

The car park thing drives me nuts (and if I ever get hold of one of the little f*****s in the act it won't end well for them...) but my job is more important to me than my car.

I think you just need to move jobs. Regardless of if I had a brand new car or an old banger of a car, irrespective of how I'd pay for it - if my stuff was getting damaged like that on a regular basis, i'd go all Falling Down on them.

Get outta Dodge buddy :wink:

I don't care about owning a car outright. If I wanted to do that I could buy a car without finance. My comments are not anti-lease... it's just that it's not the answer for everyone and getting paintwork / bodywork fixed on an annual basis is expensive. I've actually given serious consideration to leasing a car for home and buying a junker for the work car park...

I can see the sense in leasing but I just don't think it suits my situation right now. However, I may be becoming self-employed soon and the tax situation might tip the balance.

Of course you're allowed to have an opinion on leasing, it's just your perseption that's incorrect.

If you lease a car, you can leave the damage until the car goes back, just get it repaired before then or you will pay through the nose.

There is often an option to buy the car at the end of your lease too and it's very often at a very good price too. This works in your favour on a couple of levels; if your lease deal was a good one, you'll have saved a lot on the depreciation of the car. You know where the car has been and what it's done before you buy. If it's reliable - keep it. If it's a lemon - let it be someone else's problem.

I know leasing isn't for everyone but then again, neither is HP or PCP Deals.

The comments on here that are negative towards leasing are usually the people who 'think' they own 'their' car. The people who have bought a car on HP; they don't own it. They only think they do. They don't own it until they have payed the final payment and the doc fee at the end.

Even worse though, most people like that think they own the car, get a 5 year HP deal and then trade the car in for a slightly better model and a higher monthly payment and get that car over another 5 years. Thus never even getting close to owning it. More often than not, the car isn't brand new either... So all that for a 2nd hand car that you never own...

The only way you'll own your car outright is to either pay cash for it or a bank loan that isn't secured on it.

The way I see it, if you want a brand new car - lease!

How do you actually take this further and what hoops do you have to jump through?

Last 3 cars have been leased ( PCP) over 3 years, a few family members have since leased, my first lease car I bought after the lease ended and sold it to "We will buy your car . Com" and made £700 profit, the second car I traded in before the lease date was up to go for a different car, and I'm halfway through my 3rd lease term and thinking of changing again... Would rather go for no deposit deal though... Heat added anyways

Nice's story... But fitting central heating and a combi boiler is very unlikely to leave you much change from £3k!

But maybe he doesn't have to work 40 hours a week because he drives a £600 Nissan. So while you are sat doing 10mph on the motorway in your German oil burner he's already sat at home with his feet up! :stuck_out_tongue:

Leasing is bad. I regret selling my 206 and getting a lease car that i no longer want but stuck with it.

You bought a diesel and you do less than 6,000 miles a year!

It would be lovely to have a nice brand new car every year or 14 months in this case but for £2100 you can buy a pretty nice and run it for a year, sell it losing very little rinse & repeat.

I wonder how many of them own a house, rather than renting.....

Ok lets go with 12k, you still have to finance the purchase so that's £218 a month, £3052 over the 14 months then you got the ball ache to sell the car, leasing always works out better and much cheaper :smiley:

GAP insurance doesn't cover damage, its only there in the event of a total loss (write off)

You have no choice in paying for the repairs, true, but the cost is still the same regardless if its knocked off the price or paid for as a repair.

I bought a second hand car, something soon broke so I got it repaired. Then a few weeks later on another thing, this time more serious, broke. I got it repaired. Then the exhaust manifold gasket blew and was an engine out job to replace. I was already in for almost what I'd originally paid for the car, so I got it repaired....

6 months in it was still an old second hand car that needed maintaining, MOT'ing and still only worth what I'd paid for it. But now I was £1000+ out of pocket.

The reasons for leasing are completely obvious. Mainly that it swaps risk for a known cost, for a luxury item.

What is up for debate in a lease deal is the opportunity cost vs risk vs luxury.

I like this post, I'm of the same opinion, I still use a Nokia 3210 it only needs a charge every 2 weeks (I do that myself) and costs me £10 in credit every 6 months because I'm afraid to use it in public due to people laughing at me. 15 years on it still works a treat.

If you have nothing better to spend your money on, by all means spend it on a car. Just don't be all "fur coat but old knickers" on us ;0

I have an old 405 I use as a dog van/skip/dump truck, earlier this year I met a girl whilst out with the dogs, I'd not seen her in a decade, we had a thing way, way back. When we got back to the carpark she saw the car and said "I like it - it means you're either very down-to-earth or a secret millionaire who doesn't like to show-off his money"

As someone who just wanted a cheap car to get muddy and full of dogstink - I take those as compliments - my new last car didn't get me hit-on even once ;0

If you like to drive a new car then leasing is the only way, it's very simple really.
A new DS3 with 0 miles is 17k new, a second hand DS3 with 12k miles and 1.4 years old is between 8-10k
So in 1.4years you lose around 7 grand if you were to buy it new and sell it in the same period as the lease.
If you took out a loan over 5 years @ 4.8% you will pay £318 a month so over that same 1.4 year period you would have spent £4,452 and own an asset with a negative balance of around £2600

This is the only way to compare like for like, if you keep the car for the full term of the loan and pay the 17 grand off you would have paid over 19k for the car and would be sitting on a resale value of around 4-5k

So not including any repairs or servicing you have spent 14 grand

The leaser at 5 years has spent around 6 grand and changed the car for a brand new one every 1.4 years so has saved 8 grand compared the person who took out a loan. I have not included dealer discounts or the like but I think you can see where leasing comes into it's own?

Leasing is ALWAYS the best way to drive a new car, this is why businesses do it - it has to be the most cost effective way. People need to get over 'owning' a car, you don't ever own a car, it has running costs even if you've paid for it cash, it owns you as long it's on your driveway.

Not taking this up would be a deal in itself. Why anyone would spend this amount of money on this car is beyond me.

2k to have a Citroen for 14 months? Baffled.

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.

For what works out at a little over £150 a month, it's not a bad deal.
I like fixed motoring costs, so have no issues about leasing.

I once HP purchased a car (Luckily I have had no problems with it)
Car was 4 yr old when I bought it & on 4 years HP. So 8 yrs Old by the time I 'own it'.
When I first looked into leasing, a comparison was the starting point - even factoring in the initial down payment, it worked out £20 a month cheaper if I had leased. I would have had a brand new car - identical model for cheaper!

I treat motoring as a fixed cost. Don't care about having an asset at the end of it, as I need a car that is reliable.

Looks good but 14 months insurance may be difficult?

This deal is bad! Thats a big down payment for only 14 months! If it was a similar down payment for 24 months that would be a good deal.

I own my car but I like the idea of leasing - currently I just leave the damage unless it's down to the metal and I'll decide what to do about it when I dispose of the car. The cars been keyed along the same side twice... why pay to have it repaired twice?

Unfortunately, I work in an area that isn't great... a couple of weeks ago I literally had to chase a kid off the roof of my car! I would say in the last 5 years I've had my car damaged 1-2 times per year.

I would love to know where you can get your alloys fixed for £25 per corner though!

I suspect leasing is going to work for my wife but I think the repair bills would just scupper me.

But apparently you're not allowed to have an opinion for or against leasing on HUKD :smirk:

I like affordable car deals like this post. more in my budget lol!

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 couldn't give a monkey's about owning or not owning.

What bothers me is fixing the damage after the chavs have opened their car doors into it a few times (or better still, run their key along it) and my wife kerbs the alloys...

Must have had a bad car mate. 90bhp in such a small car with superb torque is plenty unless you want to partake in the Rally of GB. Incidentally, i have a 110bhp Xsara hatch 2.0 and the wife a 307 hdi 1.4, yes 1.4 and the 307 is no slug and is heavy and cruises at 85mph on the motorway i am told :wink:

Paper bags are degradable so a charge is not a mandatory requirement ;-)

i want try drive,,

​I purchased the car on 27th December, so I'm good for now, but thanks for the reminder. Could you do the same in 12 months time please? :stuck_out_tongue:

​It may be of use if you were to read my full comment next time, rather than making your own conclusions. In no way am I comparing the cars against each other or the servicing/maintenance. What I am commenting on is whether it makes sense, financially, to pay this amount of money for a Citröen when there are so many used cars out there. Like I said, I know that there are arguments for both sides and each to their own. I was looking to stimulate some discussion/debate on the pros and cons of leasing and to try and discover whether there is a convincing argument for those that are sitting on the fence. Others seem to have understood that.

LOL Too true. It's kinda like the iPhone posts where all the Android users flock to post "overpiced" and "isheep" comments. Just buy what you like and shaddap!

​My old car was an '09 plate 207 1.6hdi 90. it was a year old when I bought it. Ridiculously low on power, endless problems, but good on fuel. I bought it from a Peugeot dealership, it was still warrantied when I bought it, but was out of warranty when the problems started.
I'm intrigued to see how credit has anything to do with it. Yes, my car is on 'credit' in the form of a bank loan, as mentioned above, as I didn't have a spare £10k at the time. If you have bought a house by getting a mortgage in the past half a decade you may well be paying a mortgage which has a value of more than your property. That's life. I don't, however, see how paying 10k out of your pocket or by a loan/finance has anything to do with the price of fish, in this case. Aren't you doing just the same by leasing, allowing the leasing company to buy the car for you, and you're paying them monthly for the pleasure, under the terms of a contract?

Exactly that, these are only for those sensible enough to understand :man:

​I bought it on the 27th December, so I'm fine just now, but thanks for the reminder. can you do the same for me in 12 months time please? :stuck_out_tongue:

The first rule of lease deals is that you don't try and explain lease deals on this forum :smiley:

I'm leasing at the minute on the back of a great deal of advice and research, I got a good deal on a new Corsa for £135 a month for 15k a year. Second day I had it somebody took a key from one end to the other, had a few quotes you're looking at at about £800 to repair paintwork, the profile of the Corsa alloys combined with some terrible parking means every single one of my alloys is dented or scratched probably going to set me back a further £300, add to that the cost of anything that happens in the meantime and its final service means I'll probably have to fork out another £1.5k in order to return the car in a fit state.

This hidden cost of leasing means I probably won't do it again, it is, granted a lot to do with whether you're the kind of person that can really look after things and has it parked off road at all times, but for me personally I can't guarantee that so I won't do it again.

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

I got a bike offa freecycle for nothing...I don't even ride it, I just carry it around to save wearing out the tyres.
Why even lease a car when you can get around for nothing!!
Free clue:
Some people like to lease cars, I'm not even joking...not for everyone, true but some people like it.
Seems like a decent deal for someone who wants a DS3 for a short term lease.
So unless someone can come up with a better deal on the same terms then its HOT.

But that would ultimately be my decision after three years and if I felt I was getting a bad deal because of cosmetic damage I'd chose not to sell and set a timescale for myself to do the repairs. Because it is leased I HAVE to do the repairs before it is returned, I have no choice after the fact.

I can't understand these people who say leasing doesn't make sense- it makes incredible sense if you want a new car. Cheapest car I ever had was a Sorento, I bought for 16k new, kept for 6 years, and sold for 6k (a lot of aggro selling any car). So it cost me only 10k for 6 years, undoubtedly cheap motoring. So if you get the correct car, can pay cash, and keep it for years (or pick up a great second hand car and are happy with that and it doesn't have any problems) great.
However, I have since gone up in the world, and now like Mercedes. My current lease deal is a Mercedes CLS shooting brake. I have it on a 2 year lease, 12k pa miles, road fund duty included. With the deposit I paid, it works out about 4k per year. Now that may seem like a lot, but this is a 50k car to buy brand new so 4k a year to drive around in it is literally a bargain, and it would lose me about 9k a year in depreciation if I bought it. Message- leasing if you are in the market for a new car really makes more sense than buying in many cases unless you are very high mileage driver, and it even surpasses buying a nearly new car in many cases, and you avoid the hassle of having to sell it. If you are happy buying and running a second hand car and keeping it for years, leasing is obviously more expensive, but (for once) the UK isn't rip off island on leasing- I cannot even lease a Merc as cheap in the USA, the land of the lease and the land of the bargain.

Not really going to be that price in reality due to having to change insurance details after the 14 months (most people will change vehicle). May get away with it if you have a nice insurance company though :smiley:

Can't see many people doing 10k miles in this either so would be interesting to see if there is chance of lowering costs with bringing the miles down.

Seems hot on the whole though!

To the people constantly comparing these lease deals to buying a car 2nd hand...you are comparing 2 completely different products.

You don't go commenting on posts for a new Xbox One with "ah yeah but it's cheaper by £50 if you buy is 2nd hand so cold for me"....(sure you own the Xbox in both scenarios but still 2 different deals that get compared separately)

ps. please don't go comparing new and 2nd hand products of other kind....

This seems all wrong...you cannot add depreciation on top of the car's value...

The guy paid £8,000 for the car and got £4,000 after four years. This means the car (depreciation) cost was £4,000 over 4 years. If we add the road tax cost of £18 x 48 = £864 this makes the total car owning cost of £4,864 / 48 = £101.33 per month.

While he paid more per month... he got almost half of these payments back at the end of year 4.

​£279 - (£4000 ÷ 48 months) = £195.67

.....but you have still got £4000 at the end.

How much will you have at the end of the lease???

I have a one year old diesel DS3. Great little car. Went from an A6 which was a bit of a jump but I couldn't be happier. Cheap car to run and actually fun to drive. I also pay a lot more than this to own the car at the end and that included getting nearly 5k off list price. I don't lease but that is cheap as chips for this car.

Sorry but don't see £150/mth a good deal for this car..... Better deals available

I'm no fan of Citroens but in fairness I think both them and Peugeot are upping their game big time at the moment. The DSs are the upmarket range and are desirable. And this is a £17.5k list price car so it's no tin can on wheels. It seems like a very good price to me.

too dear.
when i read the price I was going to vote hot but someone said works out as £154 . i'l leave it thanks

Good thread so far. Will check back in the morning.

Have to agree with @D9LVE - can't see the appeal of not owning the car, usually having no option to buy at the end of the agreement, and being limited on miles. Most years I'd easily do 10k miles. Leasing is great if you always want a new car and don't want to have the expense of servicing, but I feel the annual cost compared to buying outright doesn't always compare very nicely.

Does it have wifi

Is there a minimum age limit for this? Also do you have to get insurance separate? Any guidance appreciated :smiley:

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

Ok you win, pedant! :smile:

£​158.475714!

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

£158.47 :stuck_out_tongue:

£154 a month!