Total Cost £5171.68 for 2 years and 16000 over the 2 years.
Before anyone says 1.2??? it's 110 bhp (well I hope I read it right and it is)
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Top comments
kingchris to k02719
1 Mar 1638#12
It turns back in a pumpkin.
repouk to ultrak3wl
1 Mar 1630#20
A receipt.
oddballjamie
1 Mar 1616#36
Sounds like you were trying to make the point or was that just an anecdote to mention you drive a Golf R?
therudders
1 Mar 1614#39
Dude..you have a Golf R! congratulations on your understated exhaust! Just kidding lol, but seriously mate, just ignore all the emails, the truth is, it will never get any bigger x
Latest comments (89)
turkinese
27 May 16#89
It's impressive for a 1.2, let's not forget it has a turbo and hits 0-60 in 10 seconds short
zee744
23 Mar 16#88
Does it include insurance? Can you extend the Lear after your terms up? Im very tempted my car needs a few bits so I'd rather have this
freakazoid789
10 Mar 16#87
whats the cheapest rate for A3 in 5dr and/or auto
matty9815
3 Mar 16#86
No, 381bhp from the 2.0l engine in the 2016 CLA45 AMG is impressive! 100bhp per litre used to be a good benchmark, but not anymore!
(Before anyone posts, I appreciate there is a massive price difference between the cars, I'm just comparing bhp/litre)
vtec
3 Mar 16#85
thank you sir
b33r
3 Mar 16#84
What are you babbling on about? If you want to go racing just go to a track so I don't have to share the road with numpties like you.
boostii
2 Mar 161#83
Yeah, but that Muppet with the Golf R will still slay you for meat. 1.2 will pop you up to the shops like a good'un, even if a few steep hills and you're late. But what if there are 6 cars following a milk float and you want to blow the lot away before the next bend? It's not going to happen is it? Or a Porsche comes up next to you on the slip road down to the motorway?
brooky_agn
2 Mar 16#82
Makes sense. :smiley:
lepreporn
2 Mar 163#81
You can't compare buying a nearly new car to leasing a brand new one. Firstly you have to have the capital available to buy it in the first place. If you don't, you need a loan which will still cost you in interest. You then have to rely on the car not taking a larger loss in the 2-3 years that you have it. Plus, you were lucky, but some would end up replacing parts outside of warranty. When you add it up, leasing CAN be the perfect way for someone to get into a brand new car. It just doesn't work for everyone.
lepreporn
2 Mar 16#80
It's commission. I used to work for a lease company and the Admin Fee formed part of the profit. Looking at this deal, they have removed most/all of the profit from the lease so this is 'their bit'. Usually negotiable so still worth asking, depends how much they need your business
whitey6272
2 Mar 161#79
Ditto
declanbowley12
2 Mar 16#78
Be even better if all the neighbours saw this and in week all have matching cars
MrShed
2 Mar 16#77
Evostance
2 Mar 16#76
This is lease, not PCP.
It's essentially hiring a car over a contracted period.
You pay an initial fee, plus a cost per month, plus an admin fee. Then at the end you give the car back, continue on a rolling monthly contract, or establish a new lease on the car.
PCP is where you pay off the depreciation plus interest, and then give the car back at the end where you get to keep the difference between the estimated value and the actual resale value. Most people use this difference to as a deposit for their next car.
brooky_agn
2 Mar 16#75
Well yeah to be fair I work at home so prob only 5k miles a year. It was 5 when I sold it with only 32k on it so not comparing so well am I. Also bought it super cheap so maybe just was a bit lucky.
vtec
2 Mar 16#74
please could somebody explain how a pcp works. I don't like dealing with interest but have read is interest based. I thought you are paying depreciation and in end you have a choice to give back or keep by paying off GFV.
newsgroupmonkey
2 Mar 162#73
Just to give you some figures on the A3 (if that's what you wanted), £8k depreciation in the first 2 years. A3 Depreciation calculator
I'd agree if you were to wait 3 months for your top-end BMW or Merc, your depreciation would be relatively low.
BMW 1 series (which is the closest to an A3) has similar depreciation. In fact, as the old shape is now on its way out, I would expect it would be even more. The A3 is due a facelift imminently.
boostii
2 Mar 161#72
Yes, to be honest this is a bit of a poor man's wannabe Audi, I would want to spec' it up with bigger engine, metallic paint, bigger alloys, leather interior etc or if not, just get all that on a non-premium brand for the same money and take it on the chin from the badge snobs.
However, for all those saying 1.2 engine is too small they are living in the past and are only remembering their mum's fiestas and novas. F1 cars only got 1.6 litres these days. For a little run around like this deal car a small torquey turbo petrol is a good choice, 1.4T would be fine, 1.2T only a little bit sluggish.
cigbunt
2 Mar 16#71
what bmw?
gmschuple
2 Mar 16#70
Please do let me know,if you come across a good deal.
gmschuple
2 Mar 16#69
It's valid point. I've always bought my cars and sold them. The depreciation has been around 2k a year but I've used the car more than 10k a year, therefore it's better for me. Everyone circumstances are different. Still cheap for a brand new car and if you want to impress your neighbours :wink:
gmschuple
2 Mar 164#68
Why would you care; what your neighbours think?? I don't understand why people try to keep up with The Jones. :confused:
hcc27
2 Mar 161#67
Well you were lucky. A friend of mine had a BMW 520D, bought just out of guarantee and the ECU gave up the ghost within a few months. He managed to get a large discount on a used ECU but it was still over £1000, the repair came to around £1500. Obviously he may have been unlucky, but you cannot discount major problems on any used car which will put you massively out of pocket.
mattjones88
2 Mar 16#66
Great price and the engine - I've had this engine in a couple of different cars and it is a good engine. Quick off the mark and very nippy!
matthat
2 Mar 161#65
I am with you on this - but must be a BMW owners thing!
I have always bought 10+ year old cars / high mileage and not had the worry of them getting damaged in car parks, minimal depreciation and honestly I could not afford this deal - I drive a 730D with all the luxury's you could hope for as standard / but presumably have to pay more money in repair costs as the car is not new and requires more maintenance but in my opinion costs less than the depreciation would
Jaybeam
2 Mar 16#64
Does anybody know of any good lease deals Audi Q3 1.4 petrol ?
craigefoster
2 Mar 162#63
Pointless car that would suit anybody with a iphone6.
Toybhoy
2 Mar 16#62
Lol! People really get upset easily on the internet don't they?! :man:
helllraiser
2 Mar 16#61
Just confirmed my suspicion, thought a 1.2 litre in such a car would be nonsense, in the a1 maybe you could get away with it.
None the less i'm not voting either way. Personally I think if you're willing to take a £5k hit for 2 years , there are much better car options available to you in comparison to this.
Kamiosoup
2 Mar 161#60
Just a heads up, I owned a 64 plate 1.2 tfsi a3 sportback and it was painfully underpowered and only ever achieved mid 30s mpg. Solid build quality though.
Fast Eddie
2 Mar 16#59
Incredibly misleading title. Skimmed it quickly and it looks like £155 a month when it is actually £215.
heathershoneys
2 Mar 16#58
Exactly !
brooky_agn
1 Mar 1611#19
Not voting as I wouldn't lease. Financially I just don't think any of these deals are good. £5k for car for two years is expensive. I had a nearly new BMW for 2 years then sold it and it cost £2k in depreciation and only stuck two new rear tyres on it. So to me a three year old car is massively better value to keep than new and it's still pretty much brand new?!?
Anyhow if this makes you happy and you want to spend the money then in your eyes it is good value so I get that. Just not for me. :smiley:
markymark34 to brooky_agn
1 Mar 161#32
Can I ask what BMW?
oddballjamie to brooky_agn
1 Mar 161#34
Which model, age and mileage? I'd love to know which nearly new BMW loses only a grand a year.
bluepete1976 to brooky_agn
2 Mar 16#50
3 year old expensive cars lose more than £1000 per year unless you don't drive them. My BMW has lost 3k in 18 months which is making these deals sound ok
crazydadz to brooky_agn
2 Mar 16#51
Good deal in my opinion. I'd be interested to know if there's anything similar in 5dr auto pls.
A comparison can only be made if comparing like for like.
Compare this deal with a brand new car (not 3 yr old!), which will lose same/more in depreciation as soon as it's driven off the forecourt.
Plus, it's interest free and good for people who can't afford a 'nearly new bmw'.
I agree that it's better value than to lease, if you buy a car after its lost the main bulk of its value, ie. 2-3 yrs old. But then you're not getting a brand new car. You don't know how it's been driven, you don't know who's been sat in it, and done whatever else in it, you can't guarantee the servicing's been on time, etc etc. With a brand new car you don't have those worries.
bman to brooky_agn
2 Mar 16#52
Which car specifically? I find this hard to believe. Everyone seems to buy low and sell high on the internet. The rest of us must be thick. A nearly new 3 series would lose around £6-10k in 2 years for example. 'Nearly new' means less than 2 years old max with very low mileage to me.
HipposRule to brooky_agn
2 Mar 16#57
Just put 2 tyres on it - do you just leave it on a drive even allowing for 12k miles pa (which, to me is ridiculously low)
Toybhoy
1 Mar 161#30
One of these underpowered Audi A3's tried to tail me earlier. I just put my foot down and raced away. Surprised how slow they were.
oddballjamie to Toybhoy
1 Mar 167#31
Or maybe they just wanted to keep to the speed limit.
BTW I've not seen the engine size written on the front of the car before, is that something new?
topss to Toybhoy
2 Mar 163#54
Apologies, I was just trying to get a better look before you embarrassed me by driving off.
heathershoneys to Toybhoy
2 Mar 16#56
Oooo aren't you just the boy! Glad the streets are safe with you putting your foot down
Toybhoy
2 Mar 16#55
That looks cracking!!
therudders
1 Mar 161#4
110bhp from a 1.2l petrol is impressive, but this car is still underpowered. Personally I'm not a fan of lease deals so not voting either way
jaydeeuk1 to therudders
1 Mar 165#13
Not that impressive really, daihatsu managed 100bhp from a 1.0 turbo petrol nearly 30 years ago in the charade gti, was also a hell of a lot quicker than this too.
w_orbit to therudders
2 Mar 16#53
Alfa get 170bhp from a 1.4 petrol. That's impressive.
manningd
1 Mar 16#49
The chances are that if you do buy a car - used or new - from a dealer as opposed to one of these plans, they will offer you their super finance package. These too include an admin fee, often at each end of the deal so that they in effect charge you for being good and paying everything off in order.
madmaxpayne
1 Mar 166#47
£5171 / 24mths = £215.45 per month = not cheap for a mediocre hatchback !!
ultrak3wl to madmaxpayne
1 Mar 16#48
Simple and true, they will shout you down however.
Toybhoy
1 Mar 16#46
Thanks mate :smiley:
ELVIS_THE_PELVIS
1 Mar 16#45
Good deal
ezzer72
1 Mar 165#44
That's really impressive, I'm not a fan of VW Group products, but a 300bhp Golf that can 'burn off' a 1.2 engined eco car is a mighty feat of engineering, well done you.
person16
1 Mar 162#43
1.2 and fsi... Not mention sport, this engine gonna last max 100k, so good for 2 years lease;)
oddballjamie
1 Mar 165#42
I bet the guy in the A3 was hung like a horse.
nnishant
1 Mar 16#41
What if I want to terminate the contract before 2 years? Any idea of what the penalties would be?
b33r
1 Mar 16#40
Nowt like a lease deal to bring out the special folk.
Good deal, shame not a 5Dr
therudders
1 Mar 1614#39
Dude..you have a Golf R! congratulations on your understated exhaust! Just kidding lol, but seriously mate, just ignore all the emails, the truth is, it will never get any bigger x
therudders
1 Mar 163#38
The deal is for a car not for a gym, so no comparison really, why would you compare? are you ok? do you have access to sharp implements? do you need me to call someone?
ultrak3wl
1 Mar 161#14
Sort of sounds tempting, but what is the 180 Admin Fee about? What do you get for your £180?
pivotalgubbins to ultrak3wl
1 Mar 16#17
Nothing, it's a typical con, just factor it in to the overall cost as there is no point questioning it!
repouk to ultrak3wl
1 Mar 1630#20
A receipt.
brooky_agn to ultrak3wl
1 Mar 161#22
People in an office doing the work to make it happen. Duh. You could always negotiate the lease terms etc yourself if you know how?
Zuulan to ultrak3wl
1 Mar 16#37
Sell your car to webuyanycar.com and they are charge you an admin fee for them buying your car. Figure that one out.
oddballjamie
1 Mar 1616#36
Sounds like you were trying to make the point or was that just an anecdote to mention you drive a Golf R?
Jase79
1 Mar 161#35
I love this site just for this
Toybhoy
1 Mar 16#33
Nahhhhh, they wanted to race me or to make a point or something. I get that a lot in my Golf R... :smiley:
JJJZ
1 Mar 16#29
Dont forget with lease their is no interest payment. Many people cant buy a car for outright cash and have interest costs on top. Also if you have cash I can make it work better for me than tied up in a car. It helps cashflow if you can put money on elsewhere.
petewood
1 Mar 16#28
Don't vote cold based on the car. I have a 1.4TFSI which goes fast. No opinion either way on leasing or buying.
fifafootball
1 Mar 16#27
Only if it was 5door
brooky_agn
1 Mar 161#26
Always worth a go for sure. These companies work on such tiny margins they might only make the admin fee on each new deal. As an enabler for you that's then a fair deal I think.
ultrak3wl
1 Mar 16#25
Sounds like **** to me. When I sign up for something like this I deserve a new customer discount. Unless it's a renewal, then I deserve a loyalty discount for being existing customer. Seriously, whenever they tell you oh it's a standard fee, tell them politely you expect to get something when you pay a fee, so what is it.
Robj1
1 Mar 164#24
I think the title is misleading, it's not £155 total including fees. It's £215pcm average when including fees.
JohnnyUtah
1 Mar 162#23
Pity the administration department if they have to do £180 worth of work for each car. :confused:
pivotalgubbins
1 Mar 16#21
It has to be paid, there is an admin fee on almost every lease deal posted. Factor it in and decide whether it is a deal for you.
ultrak3wl
1 Mar 161#18
Well this is supposed to be a hot deals site, unfortunately I am not the sort of person to pay 180 quid for nothing lol. Is it like "joining fee" at gyms where they don't seriously expect you to pay it, just something to be negotiated away?
oddballjamie
1 Mar 165#16
Crappy deal compared to the A4 offer last month.
What's with the 110bhp? Even Ford can squeeze 140 out of a 1 litre.
Robj1
1 Mar 165#15
And Honda got 247bhp from a NA 2.0 petrol in the Honda S2000 - now that's impressive
k02719
1 Mar 16#11
What happens after 2 years? Do you give it back?
kingchris to k02719
1 Mar 1638#12
It turns back in a pumpkin.
benjai
1 Mar 161#10
Audi, hatchback, in manual. What's the point? Cold.
thecoolguy
1 Mar 16#9
Nippy little car.
BIGEYE
1 Mar 164#8
1.2 sports....now there's a laugh!
JohnnyUtah
1 Mar 161#7
Soon to be found filling the car park of your nearest gym, usually closest to the entrance for maximum impact. :smile:
androoski
1 Mar 161#6
It won't be the BHP, it will be the torque that will determine whether this car will feel underpowered, and the 175Nm will be fine in a granny hatch like this.
Even though I despise Audis, this is a hot deal any way I look at it.
swblue
1 Mar 16#5
works out at £7.08 per day for a decent brand new car. Try and find a hire car for that ! Good deal.
Blahblah75
1 Mar 16#3
1.2???
mr_wacky_unis
1 Mar 16#2
Well it will make me feel good if everyone else thinks I got a good deal and the neighbours will have no idea how little I'm paying!! well unless they see this!
chenzz
1 Mar 162#1
I am almost certain this deal will get smoking HOT!
Thanks!
Though it seems to me the A4 saloon of less than £6000 of £179.93 incl VAT monthly rental
£1619.37 incl VAT initial rental seems a better deal with 10000 milage.
Opening post
Audi A3 1.2t fsi Sport 3Dr manual in solid paint
initial rental £1403.91
23 × £155.99
admin fee £180
Total Cost £5171.68 for 2 years and 16000 over the 2 years.
Before anyone says 1.2??? it's 110 bhp (well I hope I read it right and it is)
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Top comments
Latest comments (89)
(Before anyone posts, I appreciate there is a massive price difference between the cars, I'm just comparing bhp/litre)
It's essentially hiring a car over a contracted period.
You pay an initial fee, plus a cost per month, plus an admin fee. Then at the end you give the car back, continue on a rolling monthly contract, or establish a new lease on the car.
PCP is where you pay off the depreciation plus interest, and then give the car back at the end where you get to keep the difference between the estimated value and the actual resale value. Most people use this difference to as a deposit for their next car.
A3 Depreciation calculator
I'd agree if you were to wait 3 months for your top-end BMW or Merc, your depreciation would be relatively low.
BMW 1 series (which is the closest to an A3) has similar depreciation. In fact, as the old shape is now on its way out, I would expect it would be even more. The A3 is due a facelift imminently.
However, for all those saying 1.2 engine is too small they are living in the past and are only remembering their mum's fiestas and novas. F1 cars only got 1.6 litres these days. For a little run around like this deal car a small torquey turbo petrol is a good choice, 1.4T would be fine, 1.2T only a little bit sluggish.
I have always bought 10+ year old cars / high mileage and not had the worry of them getting damaged in car parks, minimal depreciation and honestly I could not afford this deal - I drive a 730D with all the luxury's you could hope for as standard / but presumably have to pay more money in repair costs as the car is not new and requires more maintenance but in my opinion costs less than the depreciation would
None the less i'm not voting either way. Personally I think if you're willing to take a £5k hit for 2 years , there are much better car options available to you in comparison to this.
Anyhow if this makes you happy and you want to spend the money then in your eyes it is good value so I get that. Just not for me. :smiley:
A comparison can only be made if comparing like for like.
Compare this deal with a brand new car (not 3 yr old!), which will lose same/more in depreciation as soon as it's driven off the forecourt.
Plus, it's interest free and good for people who can't afford a 'nearly new bmw'.
I agree that it's better value than to lease, if you buy a car after its lost the main bulk of its value, ie. 2-3 yrs old. But then you're not getting a brand new car. You don't know how it's been driven, you don't know who's been sat in it, and done whatever else in it, you can't guarantee the servicing's been on time, etc etc. With a brand new car you don't have those worries.
BTW I've not seen the engine size written on the front of the car before, is that something new?
Apologies, I was just trying to get a better look before you embarrassed me by driving off.
Good deal, shame not a 5Dr
What's with the 110bhp? Even Ford can squeeze 140 out of a 1 litre.
Even though I despise Audis, this is a hot deal any way I look at it.
Thanks!
Though it seems to me the A4 saloon of less than £6000 of £179.93 incl VAT monthly rental
£1619.37 incl VAT initial rental seems a better deal with 10000 milage.