Premium car with a book price of over £20k, 8,000 miles per annum.
Deposit = £935.93
23 Payments of £155.99 = £3,587.77
Administration Fee = £180
Total £4,703.70
Top comments
barbiegirl
14 Jul 164#25
The 1.6 is Sunni presumably then?
Latest comments (57)
crgritchie
25 Jul 16#57
Don't get why this continual argument breaks out over leasing. There's a simple rule:
1) IF you're the sort of person who wants to drive a new car every 2-3 years, then leasing (if the sums in the offer add up) offers an attractive alternative to owning a heavily depreciating asset whilst reducing the hassle of constantly changing cars.
2) IF you're the sort of person who thinks any new cars are a mugs' game due to depreciation, then a well-chosen used cars (e.g. 3yr old) which has undergone the bulk of it's depreciation offers a better alternative - and leasing is never likely to be appealing to you.
3) IF you want to get a new car but drive it for a number of years (e.g. 4 or more) then you're probably better of buying a car and running it for several years - if you look after it then you really start to enjoy savings in years 4-10 as depreciation is much less and you're assured in the knowledge you've a good car as you have looked after it through it's life.
You just gotta understand what type of person you are.
z_pieman
24 Jul 16#56
Why do people make such a big fuss and vote cold because you have to give the car back? The clue is in the title . If leasing does not suit you then why bother reading any further and then voting cold? Lets assume you love this car and are thinking purchasing it at around £20k, in 2 years time you decide you want to change it , you will probably find as already stated in previous posts that the vehicle will only be worth around £10k, so because you hate leasing you have lost £10k while the person who doesn't care about giving the car back spends £5k for the identical car for the same period. Its not rocket science.
mad_design_man
21 Jul 16#55
£4K for a car you borrow and only allowed to drive for 2 years???
barbiegirl
15 Jul 161#54
think you may have missed the joke m8...
666bandit666
15 Jul 16#53
Yawn.....£50pw is f**k all and 8K would nearly cover my annual mileage at 10k and easily cover the wife's at 5K. Just where do people drive these days, try walking to the shops and school, or end of the road to post a letter. Don't understand these mileage and lease rants people have.
MrRee
15 Jul 16#52
12 seconds?
I didn't think they built Milk Floats anymore!?
Spacehduk
15 Jul 16#51
You're still paying £50pw for f*ck all mileage. Fine if you have no savings and want an ornament on your drive to impress friends/the neighbours...but there's more intelligent ways of spending your money if you're after a nice car.
kikboy
14 Jul 161#50
No it's 'Shiite' I believe.
paulphood
14 Jul 161#49
haven't read many of the comments, but the company I work for had 30 or so delivered this week, I have one as a company car now, had it 3 days, I sell used cars for a living, not the fastest, definitely economical, still can't make up my mind the about outside look most of my colleagues love them, merc inside fully loaded, possibly to many gadgets. very comfy drive, and quiet, had a focus zetec S prior to this and this wins hands down
Taz1529
14 Jul 16#47
And even if you have the money to buy, the interest you can earn on keeping the money and paying something monthly like this makes leasing even more attractive
IRONM4N_UK to Taz1529
14 Jul 161#48
IN10, driving without insurance
Expensive insurance now?
Serves you right for breaking the rules, you should pay more now.
24 years I've been driving and never once driven a car uninsured.
Not worth it, I pay £310 fully comp + protected per year on a £21k brand new car, be more like that a month I guess with a conviction so it pays to play by the rules.
jaydeeuk1
14 Jul 161#46
I didn't realise you could still buy cars that slow.
kay1992
14 Jul 16#45
Nice
Gibss
14 Jul 16#44
it was infinity stockport - his name is already aluding me.... tom maybe?
It was a stock deal so maybe they've ran out?
Shayno
14 Jul 16#43
... That's why I voted cold you dweeb
thekanester
14 Jul 16#42
Just google search the insurance group - or even better - do a quick quote on the website to see. It'll take you 10 minutes.
sancheez
14 Jul 16#41
£1200 on a 13 year old Punto?!?!?!?
I've had an IN10 in the past. Didn't have that much effect on my insurance. I never topped £350 on a 2.0L VW! I was in my 30's (late 30's admittedly) at the time.
Your postcode must be pretty bad? In which case, I'd expect a HEFTY increase to insure this as it's worth a hell of a lot more than an ancient Punto!
(My dad just traded in his 2004 Punto and they gave him £100 for it. The computer was telling him it was only worth £60. lol. In fairness, that was probably about right as it had already failed the MOT which was expiring in a few days and needed a few hundred £'s worth of work to get it through.)
Lowtrawler
14 Jul 16#40
Just rechecked and they are right, the £22,550 is for the 6 speed manual.
PeterTrapy
14 Jul 16#39
Can I get the dealer and salesmans name please as I cant get near your price
shady
14 Jul 16#38
6) If you have a company car allowance, you can spend it on something like this.
Gibss
14 Jul 16#37
It's a manual - when I spoke to them the colour was obsidian black.
ollie87
14 Jul 161#36
Also to add that this car is built in the UK for anyone considering that a plus.
Gibss
14 Jul 16#35
It was direct from Infinity - I just went into the show room and had a chat with them.
thelatics
14 Jul 16#34
Is it an auto (picture of the inside suggests so), and is it in that vile colour!
Interesting how they call it a 2015 model, I thought it was 2nd hand at first. It doesn't much matter that it's a 2015 model as its still new.
thelatics
14 Jul 16#33
hahaha
YouDealTroll
14 Jul 16#32
That's because its a lease you blert
Lowtrawler
14 Jul 161#31
As I see it, if you normally buy your cars new, drive them less than 10,000 miles per year, and keep them for 3 years or less -- leasing is a bit of a no-brainer. It gets more difficult to assess if you have high mileage, normally buy nearly new or keep your cars longer. Everybody's circumstances will be different but I have warmed to leasing over the last 2/3 years.
trackdayking
14 Jul 16#30
Great deal get it ordered!
Lowtrawler
14 Jul 161#29
If it's any use, Fleet News predict a residual value after 2 years and 20,000 miles of £9,824 - list price of £21,445. Even allowing for the lower mileage, shows what a bargain this is.
Guess not lol. just need to cut down costs on my car, paying far too much for a car with too little value.
ollie87
14 Jul 16#27
Can you also save the £1000 to pay for your next lease initial rental when you hand this one back?
KopCity
14 Jul 16#26
Yes I do, have money ready. I'm gonna check insurance for this car now n I'll get back to you. Its insurance group 14, which ain't that bad.
barbiegirl
14 Jul 164#25
The 1.6 is Sunni presumably then?
ollie87
14 Jul 16#24
Not for insurance! **** hell I only pay £200 a year on a 2014 car I got on PCP back in March 2014 and I'm not even 30 yet.
It's easy to work out the costs by entering the details of the car into an insurance comparison site. Bare in mind this is classed a luxury car so will be more expensive than most to insure unless you're old and have a lot of no claims.
Another thing is credit rating, is yours good? Do you have the £935.93 ready for the initial rental? If not don't bother even looking.
M0nk3h
14 Jul 162#23
It's a lease, of course you don't own it?
PeterTrapy
14 Jul 16#22
Please can I have details of who this is with?
666bandit666
14 Jul 161#21
If it depreciates more than it would cost to fund the purchase with loan or cash, lease it. If it doesn't assuming you can afford it and want the hassle of selling or part exchanging then buy it.
I'm just going into my second lease. Both Golf R's. Previous cars have depreciated around 3-4K per annum with maintenance costs on top. My leases have cost £3.7k per year maintained and £3.2k for the next two non-maintained. Easy motoring in a nice car in my eyes.
KopCity
14 Jul 16#20
Is 30 young? Insurance is high due to postcode and IN10 ( 6 pts )
Just want to know if I'll b paying more..
dush_yant
14 Jul 161#19
The 1.5 engine is shiite, get the 1.6 engine which is from mercedes
ollie87
14 Jul 16#18
...
I can't tell you that, it's personal preference and whether you can afford it or not. But since you're paying £1200 a year for insurance on an old Punto I imagine you're young (under 20). In which case I wouldn't lease a car.
KopCity
14 Jul 16#17
If I tell you what I drive, how much I pay will you tell me if this is worth it please?
I drive 2003 fiat punto ( lol ) I pay £1200 annual insurance, £120 roadTax. Also have 6pts on license.
ollie87
14 Jul 16#16
I hired a Juke in Italy with this engine and was VERY disappointed. It was really loud and rattly. Despite the car being brand new (only 1500 km on the clock).
Granted this car will probably have better sound deadening.
Gibss
14 Jul 16#15
If anyone is interested I picked up the buisness executive version of this car (it's the 1.5 with a DCT auto transmission, all the extras like sat nav, seat heating, automatic lights, cruise control blah blah blah) direct from Infinity last week. Same milage with a total cost of about £1200 more then this deal.
thekanester
14 Jul 16#14
Renault 1.5D engine is lovely, if you like economy. You'll get 62mpg on the motorway with this. In a combination of town and motorway I'm averaging 55mpg.
If you want thrills then it's not so good, but if you just want to go long distances comfortable and cheaply then it's ideal.
KopCity
14 Jul 16#11
Can someone explain why this is worth looking at when you HAVE to return it withing few years? Don't get it. It's like hiring a car.
m5rcc to KopCity
14 Jul 162#12
Because cars are depreciating assets. If an asset depreciates, lease it. If it appreciates, like a house, buy it. Very simple economics.
ollie87 to KopCity
14 Jul 162#13
It's been covered multiple times. Advantages are:
1) Can be cheaper if the cost is less than the depreciation if you were to buy it privately
2) You don't have to pay VED
3) It's a brand new car, so if anything happens you've got a decent warranty
4) No MOT
5) You don't have to find the money to finance the entire car
Disadvantages:
1) Can be more expensive if cost is more than depreciation
2) You don't own it at the end
Shayno
14 Jul 16#10
Cold, don't keep car at end of it :neutral_face:
ollie87
14 Jul 161#9
Yes. Mercedes have a partnership with Renault, they share platforms now too. For example the new Smart is a Twingo. This car is the A-Class platform, same as the GLA. Engine code is K9K 846 I believe.
Also Infiniti is Nissan, which the controlling stake is owned by Renault.
Opening post
Deposit = £935.93
23 Payments of £155.99 = £3,587.77
Administration Fee = £180
Total £4,703.70
Top comments
Latest comments (57)
1) IF you're the sort of person who wants to drive a new car every 2-3 years, then leasing (if the sums in the offer add up) offers an attractive alternative to owning a heavily depreciating asset whilst reducing the hassle of constantly changing cars.
2) IF you're the sort of person who thinks any new cars are a mugs' game due to depreciation, then a well-chosen used cars (e.g. 3yr old) which has undergone the bulk of it's depreciation offers a better alternative - and leasing is never likely to be appealing to you.
3) IF you want to get a new car but drive it for a number of years (e.g. 4 or more) then you're probably better of buying a car and running it for several years - if you look after it then you really start to enjoy savings in years 4-10 as depreciation is much less and you're assured in the knowledge you've a good car as you have looked after it through it's life.
You just gotta understand what type of person you are.
I didn't think they built Milk Floats anymore!?
Expensive insurance now?
Serves you right for breaking the rules, you should pay more now.
24 years I've been driving and never once driven a car uninsured.
Not worth it, I pay £310 fully comp + protected per year on a £21k brand new car, be more like that a month I guess with a conviction so it pays to play by the rules.
It was a stock deal so maybe they've ran out?
I've had an IN10 in the past. Didn't have that much effect on my insurance. I never topped £350 on a 2.0L VW! I was in my 30's (late 30's admittedly) at the time.
Your postcode must be pretty bad? In which case, I'd expect a HEFTY increase to insure this as it's worth a hell of a lot more than an ancient Punto!
(My dad just traded in his 2004 Punto and they gave him £100 for it. The computer was telling him it was only worth £60. lol. In fairness, that was probably about right as it had already failed the MOT which was expiring in a few days and needed a few hundred £'s worth of work to get it through.)
Interesting how they call it a 2015 model, I thought it was 2nd hand at first. It doesn't much matter that it's a 2015 model as its still new.
http://www.fleetnews.co.uk/car-stats/infiniti-q30-15d-109-stopstart-eu6-se-2016/3490321/?Years=2&Miles=20000
It's easy to work out the costs by entering the details of the car into an insurance comparison site. Bare in mind this is classed a luxury car so will be more expensive than most to insure unless you're old and have a lot of no claims.
Another thing is credit rating, is yours good? Do you have the £935.93 ready for the initial rental? If not don't bother even looking.
I'm just going into my second lease. Both Golf R's. Previous cars have depreciated around 3-4K per annum with maintenance costs on top. My leases have cost £3.7k per year maintained and £3.2k for the next two non-maintained. Easy motoring in a nice car in my eyes.
Just want to know if I'll b paying more..
I can't tell you that, it's personal preference and whether you can afford it or not. But since you're paying £1200 a year for insurance on an old Punto I imagine you're young (under 20). In which case I wouldn't lease a car.
I drive 2003 fiat punto ( lol ) I pay £1200 annual insurance, £120 roadTax. Also have 6pts on license.
Granted this car will probably have better sound deadening.
If you want thrills then it's not so good, but if you just want to go long distances comfortable and cheaply then it's ideal.
1) Can be cheaper if the cost is less than the depreciation if you were to buy it privately
2) You don't have to pay VED
3) It's a brand new car, so if anything happens you've got a decent warranty
4) No MOT
5) You don't have to find the money to finance the entire car
Disadvantages:
1) Can be more expensive if cost is more than depreciation
2) You don't own it at the end
Also Infiniti is Nissan, which the controlling stake is owned by Renault.
http://hyperboleandahalf.blogspot.co.uk/2010/04/alot-is-better-than-you-at-everything.html
8k per annum is Ok but what is the ppm with these guy's?
MM