Can beat it:

https://www.leasingoptions.co.uk/personal/kia/sportage/sportage-estate/16-gdi-1-5dr/1100293967/182039/quote

£153.91 x 3 initial rental
£153.91 x £24
£180 arrangement fee

£4335.57 total to pay - £130 less from Leasing Options

I'm pretty sure I have added everything in to get the total price.

seems like a cracking deal to me - voted hot

It actually works out cheaper when you include the yes lease processing fee

This looks good. I'm new to leasing so this site is a great help! I have an old rubbish car that I thought I could use as the deposit.
On the lease site it states they have 2 companies who could take a second hand car off of you. Does anyone know what companies these are by any chance (would check myself but hard to phone in work today...)?

Oh yeah - missed that - misleading title on the Yes Lease deal :disappointed:

Good deal if you can actually get one for advertised price.... most of these headline deals are very limited (or non-existant) come-ons

Shame this isn't a smaller turbo engine, the lack of torque lets it down quite a bit.

0-60mph in 11.1 seconds is a little steady, I wouldn't say it was dangerous though.

Cracking deal, must be less than the depreciation itself!

Will need something similar in a few months when my current lease deal comes to an end. The thought of not having to go through the ********s of selling my car is worth a fortune.

I'd recommend leasing over any other way of getting a car if you have the funds.

Was talking over leasing with my dad at the weekend, and options for our next respective car(s).

At the end of a lease deal/period, when you hand the car back, is the next deal (if with the same garage/company) on the same terms as the original, i.e. a deposit or 3 month payment up front required? Or are there options to take a similar vehicle again on an ongoing terms for another 2 or 3 years without needing a deposit/upfront payment?

I think thats what has always put me off leasing - I would have the deposit or upfront cost initially, but may not have that when the lease ends, if needed for the next deal.

Can beat it:

https://www.leasingoptions.co.uk/personal/kia/sportage/sportage-estate/16-gdi-1-5dr/1100293967/182039/quote

£153.91 x 3 initial rental
£153.91 x £24
£180 arrangement fee

£4335.57 total to pay - £130 less from Leasing Options

I'm pretty sure I have added everything in to get the total price.

I didn't check on tax...not obvious to me but if that isn't included in the deal, then obviously my price will work out higher. Having not used the company before, I can't say for sure.

That's good..... When I follow link it gives me this price though???

£149.99 pm and rental £899.94

Goes straight to it for me - cookie perhaps? Go to home page, choose 'Personal Car Leasing' and then the KIA comes up at the top of the list, click 'View Deal', once on the deal page, click on 'Personalise' (on the left) then change the drop downs to '2 years' and '3 rentals' to get the price. Just went through those steps now to get it again. Deal of the month, apparently.

If you look at the top right, I believe it might say '6 rentals'. Just change the drop down there to '3 Rentals' and then click 'Update'. Think that's a quicker way of doing it than above directly from my original URL. The £153 price should then appear at the top of the long list of Sportage deals. HTH.

Note that the GDI is not a diesel as it sounds. It's the petrol model. It'll give you around 42 mpg (reported - but forums members are posting 32-37 for it), which might make it a little expensive to run in a car of this class.

The diesel version here:

https://www.selectcarleasing.co.uk/car-leasing/kia/sportage/suv/17_crdi_isg_1_5dr/73499.html

on the same payment structure is:

£190.83 x 3 initial rental = £572.49
£190.83 X 24
£195 arrangement fee
Total = £5347.41

This is £881.91 more expensive over the term, but mpg is reportedly around 60mpg.

Over 20,000 miles this will more or less even up the cost and for this year at least, the road tax is around £115 cheaper per year.

Agreed, but don't forget Diesels are now said to be 'destroying the world', so can your conscience handle that :smiley::smiley::smiley: for the sake of a few quid a year?

Sounds like that makes it a good deal then folks?!

Where is 'StashMoney' to tell everyone a bunch of misinformation about lease deals when you need them?!

what's the car like though ? anyone

Quality deal

It's an initial payment, not a deposit. It's payable on every lease each time.

These guys are usually excellent and extremely helpful. Get some cracking deals sometimes with no initial payments either
http://www.euroleasedirect.co.uk/

Yeah it's a bit on the slow side. Not for me, would be frustrating for me to use.

I'd say its a bit like Mazda’s CX-5, and Nissan’s Qashqai.

Don't forget you will need to add the cost of servicing into this deal.

It's insurance cheaper/expensive/same as a personal car?
Are companies hesitant to insure leased cars or is it just a case of the car belonging to someone else?

Thanks in advance

which you would still have to pay on a different car

In my case (Passat altrack) it is the same

FYI, it's non-metallic paint in that deal (choose it as an option and it becomes more expensive).
Not a major issue to most but it is a differentiator.

I have just received the Sportage 4 model (mrs cleverdic wanted a sunroof... who was I to argue) on a PCH deal. This is the first time I have financed a car like this being a bit of a traditionalist thinking I have great haggling skills. The way I think about the monthly cost is that you are taking the inevitable depreciation cost of the car head on without having to cough up the rather large investment upfront. I am very much hoping this will be a good experience as, if it all works out, I will repeat the process after the 2 years. The money I got for my previous car is safely tucked away in case this all goes wrong. If you can get your head around never owning the car, Personal Car Hire (PCH) works out a lot cheaper than Personal Car Purchase (PCP). Important not to get them confused.

I was very lucky and got my Sportage in 3 weeks and so far I am loving it. I think I made a great choice. If you're having to wait the 12 weeks, please hold on. You won't be disappointed.



I am loving this car

Thats partly what I'm struggling with when it comes to leasing... paying £4k upwards for something that will never be mine, though I've always only had used cars.

At least paying for a car on HP, it then becomes yours and is an asset to trade in for your next one, however much its worth. I realise the running/maintenance costs may be lower with a new car on a lease, but its just a mindset I'd need to get over - but i'm not totally against it, if the right deal came along.

Had been planning to change my current car early next year (had it 3 years now), but will keep an eye on these lease deals, and.. who knows?

Having been given one as a company car not so long ago, in my honest opinion it is a bang average vehicle.There are better (and worse) options out there so although the deal might look good in terms of numbers, read the reviews and drive one before committing to anything. Good luck.

I had the same problem as you. What I am trying to say is, work out what you think the depreciation will be for the car over your desired timescale (2 yrs, 3 yrs, whatever), compare that to the total leasing cost and work out the difference. It is my view the leasing cost is very similar to the depreciation cost. You have to work this out yourself though for your own circumstance.

After say 2 yrs, you're right in never owning the car but remember you don't have to cough up serious cash/loans to buy it in the first place. It took me a while to get my head around never owning a car but equally, I now don't have a major asset on the driveway simply losing value in front of my eyes every month. It's not my problem. I know what my costs will be over the 2 years.
The only wobbler in the whole deal is what happens after the 2 years. You have to return the car in a fair wear and tear condition. I will have to wait to find out if that will be a painful experience or not particularly as I have just had first hand experience of what services like "we buy any car" can offer after the initial online valuation. Not pleasant!!

Get a test drive before committing to anyuthing!

It depends on what age cars you buy, how long you keep them and what the depreciation is.

I struggle with some aspects of leasing, but overall I get it. Our current car was bought 9 months old with £8k off list price, and in that time it has cost us about £34k all in including servicing, tyres etc. Fuel and insurance are the same on any car so I don't factor in those costs.

We've had the car 6 years now and it's currently worth about £9k so it has cost us £25k over that 6 years so roughly £350/month. Yes we own it now etc etc but it's still cost us the £350 a month on top of the current value.

You never actually "own" a car or a house, you are just custodians of them for a bit.

However I can never actually find any of these deals that people talk of. I am currently buying a BMW M235i and the difference from leasing a new car to me financing a 6 month old used car is about £200 a month more on the lease so it's not worth it for me.

​there are good deals on leasing company websites but also your normal garages do leases I just ordered a skoda fabia 3 year pcp deal £100 deposit and only £108 per year no other fees can pay for 3 years servicing but it's cheaper to do it yearly at your local garage as long as they use genuine parts to keep the warranty up. once your lease is coming to an end you either buy the car for the agreed price, hand the keys and then car back or trade it in which I will be and have done in the past 99 times out of 100 your will be offered more than the purchase price from the lease company is so u can put a deposit down on the next one or get cash back and put down minimum. one thing def don't do is put down a huge deposit on a lease deal you will never see that money again it's brings down your monthly costs but don't do it haha

Have you joined babybmw? One of the forum sponsor's offers cracking deals on the 235i and 135i to buy.

Ooh thanks, I will check that out, been a member there for years as I drive a 1 series currently but haven't been on the forum for a while.

Think it's trl BMW or something like that.

you're doing the calculations wrong in the comments, its 23 x , so its even cheaper. The initial rental is the first month payment.

The one huge downside is finding a deal at the right time so you don't end up with two cars or no car knowing you want a good deal. Less of an issue with multiple car households.

Genuinely why would anybody buy/lease a petrol version of a car like this ?
This type of car cries out for the torque and fuel economy of a diesel engine.

Good deal.:sunglasses:

Well that's why they are on a good lease deal. Because nobody is buying the base model petrol and they have loads sitting about. :smiley:

New diesels for personal use will be gone within 10 years, according to most motoring experts.

Family with children who like the security of the higher ride height and mostly do DPF killing school trips and shop runs?

​12 weeks or so order time, so totally incorrect, sorry.

Think of the car as a Golf/Astra/Focus etc 'on stilts', nothing wrong with petrol versions.

​Was that the older model perhaps? This one was only launched in February, and many people who ordered are still waiting...this car is a HUGE improvement on it's predecessor.

I'm pretty sure the base model petrol will be (and was) the slowest seller of the 2wd versions.

If they are struggling to supply enough cars why would they be building this model and offering it at a low cost? The reason is they have cars built that they were hoping to sell but didn't.
The reason it will be 12 weeks is to fit in with shipping. They don't send a few cars but a whole boat load. The current shipments will be higher spec customer cars on back order like a 2 diesel.

​hi cleverdic what is the difference I know the PCP you have 3 options hand it back, buy it at the pre agreed price or trade it in. Does the PCH deal have just the hand back option?

​hi remember though if you trade it in after the 2 or 3 years the trade in value will 99 time out of 100 be more than what the pre arranged buying price would be so if you want you can use that as a trade in to bring down your monthly payments or take it as cash back in your pocket

Any idea what colours I can't see any

Thanks for this

​

For PCP, you pay more per month than PCH. This allows you to build a little equity into the car. At the end of the period, you can hand the car back, losing that equity, purchase the car at a prearranged price which takes into account some of that equity or use that small amount of equity as a deposit for the next car. You have these options but it costs more. With PCH, you don't build any equity and simply hand the car back. There are no prearranged offer prices. PCP could work if you're pretty sure you'll trade in with the same dealer.

If you are going to trade the car in after the deal ends it's maybe better to take the lowest miles you van eg 6000 as you will not have to pay the excess mileage penalty and even if you are going to hand it back a lot of the time the payment for excess mileage is not that much eg maybe the same as a monthly payment it may work out you are saving a lot more each month depending on the car and deal just another thing to try when you are working out prices. Guy in the garage confirmed this when I was explaining it to the Mrs lol :wink:

​ahhh I see nice one cheers my good man :man:

We were in a Kia dealership and a Hyundai one at the weekend looking at the new Sportage v Tuscon (they're apparently the same car akin to Ford Galaxy/Seat Alhambra/VW Sharan).
The Hyundai salesman said both Sportage & Tuscon are made in Eastern Europe - they don't come from Korea.

Both equally good; drove the base petrol Sportage (1 model?) and a mid-range diesel Tuscon (Nav SE - same spec as Sportage "2"). If finances allow then go for the upgrade "2" model Sportage.

It's usually a little dearer to insure a car that isn't officially yours, a lease company will fight harder for the best write-off value and may not be as easily coerced into going to the insurance company's preferred repairer rather than one of their own choosing - both those scenarios will cost the insurance company more in the event of a claim. I once had a courtesy Fiat Punto from a multi-brand franchised bodyshop and the car wasn't worth a penny more than £5500, but I had to get insurance sorted on it via my legal cover which stated a write-off value of £7500.

​My insurance turned out cheaper for this new sportage than my previous cheaper car because it has a higher safety rating. My insurance company didn't seem too bothered it was a lease car.
I did take out Gap insurance for 2 years for less than £100 which protects me against any issues relating to write off values etc.
I did add that into my total cost of ownership calculations.

All RHD production of the new 2017 model (even though it's only 2016!) is made at the Gwangju plant in South Korea. Kia have yet to announce when RHD production will start at its European factory in Slovakia.

So if you buy one now it will be Korean, buying one later in the year and it is likely to be Slovakian.

Any qashqai deals around?

Hot

Hot

With a pcp theres no need to trade in with the same dealer. You can go to any with any manufacturer. They will pay off the remaining finance and effectively move it to the new vehicle. One other thing to know with a pcp is you can trade it in at any time, you don't have to wait for the full term of the pcp. At any point in the pcp you can call the finance company and get the settlement figure. You give this to any dealer and tell them that is what you owe on the car and then negotiate a deal. Generally early in a pcp you will owe more than the trade in value and towards the end owe less than the trade I value (equity).

If ur near about London I'm Interested to buy old car

​hebuyanycar.com

Been debating whether to lease or buy a used car with low mileage, £10,000 ish, maybe 2-3 years old. Surely it's a no brainer in terms of cost, used is always going to work out vastly cheaper over the longer term.

Yeah and DPFs are in no way covered on a lease contract , if it gets blocked up you will have to pay to get it fixed (100's) or have a new one (1000's). I will be avoiding diesels, but i'm not leasing this thing lol.

Not bad at all - although I've heard the next trim up (2) is the one to have.

Not quite as good as the recent deals available on the Skoda Yeti (in my opinion) that I couldn't help jumping on for my first ever lease :smiley: but I would have been tempted had I not gotten that.

If you plan on keeping it 5 years, it probably makes sense. You have to factor in the risk though, £10K will get you a decent used car from a reputable source - but expensive things can still go wrong with it. If you lease a new one then you don't have to worry about it. On the other hand, what if you are made redundant in 3 months? You can sell your used car and pay back the loan, if you have to. But getting out of a 2 or 3 years lease, won't be as easy.

I think if you run two cars as a family, it makes sense to have one a lease and one a used car - to hedge against the risks a bit. :smiley:

A DPF that goes inside two years/20K miles won't be routine maintenance though, will it? I think it will be covered by the vehicle warranty from the manufacturer, and it will be the lease companies problem, not yours.

Dont forget the importance of having GAP insurance.
https://www.abi.org.uk/Insurance-and-savings/Products/~/~/media/16515033DA6341D0A4FB00ED908528B7.ashx

and some recent advice from USA on leasing there:

"Dealers love leasing because they can make really appealing monthly payment numbers and the formulas to compute those payments are complex enough most salesmen won't really know how they work, let alone the customers, so it makes hiding extra charges much harder to notice.

That said, if you do your homework, just as you are doing, leasing can be a really good way of owning a car if you know what you are doing and follow a few guidelines.

First, never put money down on a lease. You want zero down or you don't want it. Any lease can be written with zero down, but they often use large downpayments as a way to advertise a low monthly payment. You don't want to put money down on a lease because if the worst happens and you have an accident with the vehicle early in your ownership, any downpayment is gone. Keep the money in your pocket and pay a higher monthly payment.

PLEASE NOTE 'GAP' MUST BE TAKEN OUT WITH ZERO DEPOSIT AS THERE WOULD BE A SHORTFALL IF THE CAR IS WRITTEN OFF.
Second, learn how to calculate the lease payment yourself. There are plenty of guides online, and even apps you can get on your phone like iLeaseCarPro, so you can quickly verify the numbers that any dealer is giving you. If your dealer is not willing to give you every number that goes into calculating your lease payment, find another dealer. Numbers like the money factor and residual are not secret, but many dealers like to make them secret so they can pad them and prevent customers from really knowing what's going on. The residual is set by the manufacturer and can't be altered by the dealer. The money factor is essentially the interest rate set by the lending arm of the manufacturer, and it may be difficult to find the exact number currently being offered, Edmunds forums sometimes have that info for a particular car - so it can be a place for a dealer to hide profit. You should be able to get close to what the real number is though and find a dealer that is somewhere in the ballpark. The buying price is also important in a lease. Negotiate the selling price exactly as if you were purchasing the car. Walk away from any dealer that tells you this isn't possible. You want the biggest spread possible between MSRP and selling price.

A lease can be purchased by the lessee at any time for whatever the current payoff is calculated at. If you keep it until lease end you have a few choices. You can turn it in and just be done with it, you can buy the car outright for the buyout, which is negotiable. You'll often get a good deal here because the dealer would rather sell to you than have to take the car back prepare it for sale and resell it to someone else. If the residual was calculated poorly by the manufacturer, you have a few options. This could mean that the car is worth a lot less than expected (in which case you should turn it in and let them take the loss, or use this knowledge to your advantage to buy out the vehicle at a lower price if you want to keep it) or it could be worth much more than expected, in which case, if the gap is large enough, you could buy the vehicle for the agreed-upon buyout price and resell it for a profit on your own (or use this as leverage with the dealer for getting a better deal on a new car). This is the advantage of leasing that most pundits miss; the bank takes all of the risk of depreciation off your hands, while leaving you with a lot of options for using that to your advantage.

The downsides are really only if you expect to turn the car in and know that you are really hard on cars. I only suggest leasing for people I know who take pretty good care of their cars because you can get hammered pretty hard for damage or excess wear. So be honest about how you care for your cars in making this decision."

You might have thought that , but if you look into it there are a lot of disclaimers out there.

This for example give me reason for concern - https://www.gateway2lease.com/dpf.php

an exert... 'If SERVICE REGENERATION is required it is not a fault with the vehicle and will not therefore be covered under warranty'

Yes, but that will produce a warning light on the dashboard. So the small print is just saying that if you ignore a warning light on the dashboard, then you might be liable for any damage caused. No different to if you get an oil warning light and ignore it.

Much of that isnt applicable to the sort of lease being discussed here and is USA specific. You risk confusing people.

For example, there are clear rules about acceptable damage on returning the car in the UK, and residual value is irrelevant - if its a lease, its like hiring a car, depreciation isnt your problem.

What? depreciation isn't your problem for a UK lease, what happens if the car is written off with no GAP and there is a shortfall?

please see page 4 of the link as an example-
https://www.abi.org.uk/Insurance-and-savings/Products/~/~/media/16515033DA6341D0A4FB00ED908528B7.ashx

If you think that a car being written off has the same meaning as depreciation then there isn't much point in interacting with you. Have a nice day. :smiley:

I didn't say that 'written off' has the same meaning as 'depreciation'.
But depreciation is a factor in an insurance claim for a write off.
There may be a shortfall to pay.
Why on earth are you putting words in my mouth.
You have a nice day too.

Ha ha , obviously a guy who has not had much experience of living with a dpf.

I wish it was that simple, a lot of the time it wont regen and recurring cycles can quickly block it up requiring repair or replacement + to try clear it you need to go and blast it down motorway wasting your fuel and time, often multiple times a week.

I've had two dpf equipped cars , both were a nightmare, second was worst as it was beyond cleaning and required a replacement with the part coming in at £1500 + vat + fitting

Just have a search online for the amount of dpf problems, its a massive issue for lots of people - i certainly wouldn't lease a diesel for just this reason, massive red flag when i saw that disclaimer - but of course they don't want to be paying for dpf repairs on every diesel they lease , they are obviously worried about claims as they have put that page up.

And there is going to be a tax hike on diesel next month.

A lot of your info is very wrong Gav, they are all built in Zilina, Slovakia.

Quite the opposite, the £25000-£31000 models are reasonably easy to get hold of, it's the cheaper £18000 (this) - to £22000ish versions that are in massive demand.

Didn't realise these had a DPF on them. Brother in law has just bought a used Sportage with the 1.7 diesel engine, and unfortunately, he does very few miles and not many long runs. (not sure why he bought a diesel, really... but he never asked my/any advice).

Gonna have to have a chat with him and tell him the potential issues he might encounter, unless he starts broadening his mileage, at least once a month or so.

DPF is the reason my current car is a 1.8 TDCi Focus instead of the 1.6 TDCi, as I wanted to avoid any potential DPF issues (1.8 doesn't have one).

To clarify, i don't actually know if this car uses a DPF, i have been under the impression they will be fitted to all diesels soon though.

But definitely to be considered when acquiring a new car , lease or buy.

Just a note to stick up for main dealerships..........
Kia main dealer has offered the 1.6 GDi "2" model, 2 year lease, any colour, 10k miles for £181pm (9+23) + no arrangement fee which stacks up really well against Select Car Leasing, Yes Leasing and Leasing Options.

Well as part of my investigation, I found that my local Kia dealer was well over £2K more than the online broker for the new Sportage 4 that I went for. That's for 10k miles per year over 2 years. They couldn't come close.
I would certainly contact them as part of any investigation but my experience was they were way out. Mind you, with a current healthy demand and 12 weeks delivery for the cheaper models, I guess they couldn't be bothered even to try and come close.

Yes lease add £300 on then a broker fee of up to £299 very misleading making most quotes £600 more

My sister owns a business, is there anything to stop me getting a lease deal in her name and drive it myself?

I believe if you lease through a business you can only claim 50% of the vat back so not much of a difference. Plus with a business lease I think she would have to complete the company car tax form (P46D? from memory) so would get taxed for a company car based on this ones rate.
All in all you would be better just taking it out as a person lease in your own name.

​Thanks for getting back to me