​ A Train

Worth mentioning it's 5k mileage allowance which is okay for people who enjoy looking at their cars instead of driving it.

​yes you get to keep the car too

5k miles is fine, its almost 100 miles a week. Not everyone needs to commute across the country.

No more ridiculous than buying a new car and losing more than in depreciation over 2 years or show me where I can rent a car for £6.85 per day.

£5k to rent a car for 2 years???? That's ridiculous

? Wtf you talking about (please feel free to put a valid argument together if you don't agree)... Put some facts down or jog on, you have no logic.. If you purchased this car it WOULD depreciate more than £200 pm. Buy this car and it will drop more in value than the cost of the lease.

​If someone had no need to work, they wouldn't be getting a car like this on a lease

:smile:

Its no cactus but thats still a prickly subject on here

....and then it goes down. you cold voter spoil sport!!

wooooo!!! just pushed this to 1500 degrees!

Not if you life in the south, apparently

You need to re-read the post. It's £2400 down and £1200 per year so £4.8k in total over two years.

Over 2k down payment and 5k a year on the quoted price.... And it's just a VW? Can't understand why this has so much heat....

Bit like a fixed mortgage where you k kw the risk upfront in terms of the payments.

It depends how much the car depreciates over the 2 years. They make an assumption but if the market changes they could end up losing out. The alternative is go buy a new car with a loan where you pay the same monthly amount then after 2 years sell the car for however much you can. If you sell it for more than is outstanding on the loan then you pocket the difference but if you sell it for less then you have to make up the difference. Are you really prepared to take that gamble?

No worries :wink:

Think that was it, thanks so much :smiley:

http://www.hotukdeals.com/deals/volkswagen-golf-r-3-door-lease-1799-91-199-99-month-6759-68-vehicle-savers-2473452
?

I've searched and searched.. there was a link on here that had a hatch Golf R deal but cant find it now, or its been removed. Anyone seen it ?

what does it matter how it depreciates if you aren't buying it? Watch out guys, we got a bad ass over here

So the dealer wins everytime. You pay the depreciation, then the car is sold for the list price minus the depreciation... they sell for full price every time. Easy money.

If you're going to do that then you would get a Focus RS. Another £60 a month would get you the Leon, but its still a Seat.

What they are saying is with the upfront payment plus the monthly amount equates to £200ish per month total for 2 years.

love my 2.0TSI Scirocco fantastic car.

So is the total price including EVERYTHING £200 P/M? AND hat does all included actually include? Or £106.69 as the O/P had mentioned initially? I'm little confused..

Because basically it's a free car! It's £200 pm all in- the car it's self will depreciate more than that- oh and it's not a seat.

This especially as its a petrol , it will be a fun 5k

Or a 2nd car.... Silly response- it's like saying it's no good of you need 7 seats.. Perfect for personal use. Still 100ish miles a week.

Thanks, hoping to get the MPE exhaust eventually!

I've got my deal direct through my local BMW dealers , I've been with them for years now and still service both our cars there so they matched all the lease deals and other dealers out there.

Their initial deal was OK but a lot more than one of the users local to me on babybmw.net got from a dealer in Rochdale so I took that deal in and they matched it.

It's a PCP on an M240i with pretty much all options ticked. £2k deposit, 10k miles a year over 48 months for circa £450/month and a GFV of £15,500 ish - I'd never considered PCP finance and didn't realise you could get such big discounts when buying new (nearly £8k which covers all the options list) - I was originally going to borrow £30k from the bank to buy a used 64/15 plate M235i but when you do the figures over a 5 or even 6 year term, when buying it after 4 years, there is nothing in it when you factor in extra MOT/service/tax etc. I think it will cost me £1200 more over 6 years to buy new but I will have a car worth £3k more so in effect will be up on a used car.

Only issue currently is that I haven't driven one as yet and none of my local dealers have one in to try or even a 235. As soon as I drive one I will sign the deal.


It's on the new version, the M240i, details above. :smiley:

Sorry to butt in but is this a deal on the BMW M235i? If so what is the offer?

I had a 1.4 TSI Scirocco for 6 months last year, I was impressed when I used to get over 40mpg. I've since switched to a diesel and on the same route I got 78mpg the other day so beware of the fuel economy.
One of the most annoying things were the huge doors, especially when parking. The interior is very dated too.

Hi Focus ST. I nearly got my M235i from a lease company. Metallic paint, same as you're deciding was free and auto box was half price. When I went to a BMW dealer and eventually went down PCP path I told them abut the deal I had found and they matched it. I went for estoril blue and it looks great - next time i think mineral grey or glacier silver would be my choice.
I took estoril blue because they didn't have the colour/spec I wanted and threw in £1500 worth of extras for £300 :smirk:
Good luck! It's an amazing machine.
Consider the m performance exhaust!!! It's beastly. Message me if you want it and I know a guy that can do it £150 off BMW price (he works for the parts department).

Much rather pay another £60 a month and have the Seat Leon Cupra 290BHP!!!!! I don't know why this has so much heat.

Well if you're torn you may as well just for for the free option. Can't say I recall seeing may Estoril Blue ones knocking about although in all honesty I can't say I've paid that much attention.

It's currently between Estoril Blue, Glacier Silver and Mineral White, although they are all £550 and the Alpine white is £0 which doesn't help as that looks good also.

Not sure on the blue though, most BMW seem to be Estoril Blue these days!! And my wife has a silver 320d so not sure I want two silver cars, although it does always look clean even when its not. :smile:

price has gone up £20 ish a month. Someone mentioned Yes Lease earlier, they seem to have similar deal £161.27 a month, but only £967.61 up front (and a £300 processing fee) so only around £123 in total more expensive than original deal. can't find excess mileage details though...

Has anyone gone for this deal? I've been torn for the last 12 hours and am on the verge of going for it - still looking for a catch though!!

Glad I read the comment before on this, I'm with direct line now and just paid for 12 months ☹️. Unsure if they will refund or not.

I'm the same, no catch. I just keep thinking for an extra £100 pm I could have a c class merc.

I'm guessing that most cars will depreciate more than this costs, very tempted.

Has anyone gone for this deal? I've been torn for the last 12 hours and am on the verge of going for it - still looking for a catch though!!

What's the deal and do you have some contact details of the person you spoke to?

Can anyone find a cheaper Scirocco 2.0 TSI R Line than this?

Deposit: £695.34
23 Rentals: £231.78
Total: £6026.28

I don't understand how the total price comes to only a meager 5093? Could someone explain as dealership prices are really expensive

Looks like the deal has expired/changed.

Am I missing something here? I click the link and the only deal I see is the one on the left which is 2k initial payment and then payments of £124.79 or £103.99 for business user? Heeeeelp as I really am interested in this deal.

Yes Lease seem to be the cheapest ont he R-Line too coming out at £5853.07

Yes lease have offered me the Tech R 10k miles for £173 per month with a £1561 deposit

I don't think there is any catch. Just that the initial payment is much higher than you would normally have, which keeps the monthly cost down. Usually, the initial payment is 3, 6 or 9 monthly payments and then the rest over 23 months but, of course, that would mean the monthly payments are higher. For instance, the same car is offered by the same company for £575.94 up front and 23 payments of £191.98 which means you pay a total of £4991.48 so £137.61 more than the above deal, but you don't have to fork out £2400 up front and can keep just over £1800 in the piggy bank. Mind you, with the interest rates as they are, it's better to pay more up front if you have the money because keeping £1800 in a savings account for 2 years wouldn't earn you £137.61 in interest. There are a couple of other options on their website as well where you can pay different amounts up front which changes the monthly payment.

Has anyone gone for this deal? I've been torn for the last 12 hours and am on the verge of going for it - still looking for a catch though!!

For what its worth also - the initial 2400 includes your first monthly payment and fully inclusive of road tax so even better.... think I'm in!!

The last white car I had was a mk2 cortina, bought from new. That dates me!

I guess the scirocco would look okay in white, but there are some huge cars round here that look simply dreadful in white.

No it isn't, Crewe Volkswagen are doing a better deal than that and no admin fee.

Ok, so I was informed it was a misprice as it did not include VAT. The actual deal is:

Volkswagen Scirocco Coupe 2.0 TSI 180 BlueMotion Tech R Line 3dr
Fuel Type: Petrol
Transmission: Manual
Options: Special solid - White

24 Months, 10,000 miles per annum, 3 + 23 - £229.98 including VAT per month.
Initial payment - £689.94 including VAT
Maintenance (optional) £19.14 including VAT per month. Initial payment £57.42 including VAT
Road Fund Licence is included for Full term
Processing fee - £238.80 including VAT

Making this £6218.28

Not sure such a good deal any more?

And no, being £200 for something as opposed to £300 is not the issue here. Being cheaper than it usually is doesn't make it a hot deal. This is not merely a price comparison site!

Fine, have the shiny shinies, waste your money, and throw a load of 2 year old low mileage cars onto the second hand market, for all the REAL seekers of hot uk deals to buy up instead :P

You know what I recommended to my retired dad doing less miles and wanting comfort? A 10 grand Audi A8. If you can afford it, want the comfort and ain't going to be doing the miles, why piddle around with a measly Scirocco?.....

That's why I said I must be misunderstanding. I thought lease options always had the option top buy and I know people who've paid half through the lease and then half at the end. I don't know the full ins and outs, but that's what they did. Evidently there are different types of leasing

Well no not really, hence why I said I must be misunderstanding this. I'm not particularly privy to car sales/leasing. I'm actually buying my first car in the next week or two.

This is a lease (similar to a rental) not a PCP type of finance. Plus you actually thought £10k for this car???

The other half? Please let me know where I can buy a brand new Scirocco for £10k.

That's roughly what you would have paid up to that point and I've seen other similar leases in which you pay the other half at the end of the 24/36 month term

Im in love...

naughty boy...lol

ahh... The Alhambra

memories

​There's probably a lot of things that you don't get.

bravo. Not many prepared to admit when they are incorrect on hukd and even less prepared to publicly apologise.

bravo

​As opposed to those that will just never get it you mean. Guess that's the difference an education makes.

I'm gonna have a look :laughing:

I'm gonna have to go with the Estoril Blue I think. It's a bit different. Failing that, the Glacier White looks nice :smiley:

Aww man, now you've made me feel guilty :disappointed:

:wink:

I've always loved the look of this car and previous versions. Reasonable deal heat!

Bear in mind, you NEED to tell the insurance company that the registered owner (and keeper in most cases) is the lease company... Not you!

Directline, for example, DO NOT insure leased cars.... Happily, many others do but you do need to declare this when getting insurance, you don't own the car.

In all leased cars, the owner is the lease company. If the V5 is in their name too (i.e. they tax it) then they are the keeper too.

As we all know, VW LIE about the specs of their cars. So don't be fooled, they pollute more and do less MPG than any of their spec sheets suggest.

If you only do that, i'd strongly suggest you take a look at electric cars. Less maintenance cost, and with that number of miles practically 0 fuel cost.

Nope, fuel as well

How do you work out the insurance on these deals? Is it included?

Thnaks, good heads-up, didn't know you could do that. Thing is I'm now out of contract, I'll maybe end up with something miles away so I may just hang on. Cheers anyway.

I get 35mpg out of my 2.0L Golf GTI with ease.

Try asking the finance company if they will reduce the monthly payment. I did that on my wife's Audi A1 because she was averaging 6k halfway through the term on an 8k per year deal and they reduced the payments by £40 per month. Worth asking.

Don't think so, sounds like standard equipment on something like that car. Check with the leasing company, as it's advertised save the web page anyway.

As for mileage on lease deals, I went for the 208 GTI on here, great car but went for the 10K. Ended up that month getting a 12 month contract at the hospital just 10 minutes walk up the road from me. Sainsburys is a 5 minute walk. Now they've opened a Pure Gym 10 minutes walk away.

Got the car August 3 last year, total mileage so far 3338. The law of Sod.
On a 20K list price the insurance market value was 13K 3 months ago. Also seen a few from dealers @14K.
Great car and it's still mint, I'm not of the thrash rental/lease cars mindset so if I can buy it I will.

GAP insurance bought from day1 though!

just ordered one but doesn't mention anything on the customer vehicle order about the leather interior, sat-nav, alloys, parking sensors etc as advertised on their website. Did I miss the trick somewhere?

Share share share!!!! Please

People who love lease deals are more precious than 'remain' voters.

Sweet :laughing:

Some proper sensitive snowflakes in this thread.

​LOL just replied with the same damn words and then saw your note.

​Possibly one of the stupidest, most arrogant comments I've seen on here. Who the hell are you to tell him what he can or can't drive just because he is retired?

​You can always ask them to quote you a 1+23 or a 1+35. Obviously the monthly payment is higher the less you pay up front though. My lease deal is 1+35 because I didn't want to pay any upfront at all. Company car scheme came to an end and we got the money instead, so I just replicated the car scheme with a lease deal that was virtually the same.

What you are talking about there is perceived value to you. If the paperweight is normally about £300+ a month, but now it's £200+a month then it's a deal by the very nature of the fact that the cost is lower than normal.

Which is regardless of whether you believe it is justifiable or worth going for.

No, you're thinking of PCP where you get the option to buy at the end of the term or hand the car back. With leasing you just hand the car back at the end of the term, although some finance companies will sell it to you if you ask, normally at the price reserve price they will be putting it into auction for, so it can be a good bargain especially if you have looked after the car.

Seems like a good deal, even when you apply some real world numbers to it

10000miles pa over 24 months, 3 months down = £646.47 then £215.49 pcm

As said above, it's worth looking at what the mileage excess charges are and doing the math so if you think you might do say 12-13K a year you "might" be better off signing up for 10K and paying the 2-3K at x pence per mile.... careful though as even the personal deals often add VAT to the excess mileage figures.

I think leasing will grow and grow as "a" way to run a car but it won't ever be for everyone. For me, I do 2 or 3 trips across France every year so liked the idea of something new that "should" be reliable and at least the cost of running say a modern SUV against a 6-7 year old one will probably work out a lot cheaper over 2 years ownership too.

I've just experienced owning a perfectly good car that had unfortunately hit the time of life where it needed a new clutch, wishbones and tyres within a 6 month period.... just after that some ar5e hole delivery driver reversed into it and wrote it off... so today I picked up a Hyundai Tuscon on a 2 yr lease. For me, the lack of mechanical surprises that I have to fork out for will be a nice change and hopefully the cost of running should be significantly less too (much better fuel economy, tax and AA cover is included in the lease, no MOT to worry about and it's got 9 miles on the clock and a 5 year warranty).

BMW M240i Coupe, fully loaded. My username is from the car I had when I joined. :wink:

Just need to choose a colour, having never bought a brand new car before I've never been presented with such a seemingly easy, but terrifying choice!! :smile:

Woah, no way Jose, now that would be a bargain!!!

Away and chase yersel ya bambot. I'll spend my money on whit I like.

Why did you pick the figure £5000 for? Any particular reason?

these deals always look ok, until it comes to the mileage allowance. then they're useless for me.

It's decent for a low upfront cost and reasonable mileage, but be aware 36 months mean you are more than likely to need an MOT before sending it back.

Is it the Zetec S or Red or Black Edition? And is it the 125 or 140? Really does depend on the detail.

I must be misunderstanding this, but you get the option to buy at the end of the lease, right? So is it another £5k to buy it?

Cool selfie.

might be better off getting an eco-diesel like a 320d efficientdynamics

We're on hotukdeals, If you don't drive much then it's not really a hot deal to rent a £200+ per month paperweight to look at through the window :P

A retire-ist.

Stupid comment. So according to you, only people who work should buy a new car!!!!!!!!!!!! WTF are you on. I can afford a nice new car every couple of years, do you have a problem with that?

You'll only know that at the end of the deal unless you have your crystal ball ready.

Interlagos.

If you're retired or not driving much then why do you need a car that's costing you £212 a month. Buy a £2400 car instead.

"pearl black?" You should have really treated her and gone with a pearl necklace!

Got similar deal recently for the wife. She opted for the pearl black instead of the white, which worked out at £120 a month including Vat. Same 5k mileage, but I have a company car which we use most, so she is fine with the 5k. I think our excess mileage is 6p per mile. She just got the car a couple of weeks ago and is delighted with it.

Lucky for some. I do 30k miles a year..

About the same as the OP stated as Total Cost

Cold because you shouted.

Zetec Navigation 36 months

I'm not sure I could get the monthly fee down, but might see if the dealership could wave the deposit or add something else to the deal

So how much does one pay over 24 months in total ?

do they give free petrol and servicing too ?

Last year 530'ds were between £299 and £399 (6m down) on 8k. 330d's were 299, shortly after this you could get 640d's (msport) for 399...I got a 535d (msport + bus nav) on 15k for £439 *23 and 6 months down.

Or it shows that you probably just made it up (which you did)

I think they are the round style

If the car you are buying is likely to depreciate more than the total payments you make on a lease then a lease is better, otherwise buy. That's why lease deals can vary widely on cars, sometimes you can lease an expensive car for less than a cheaper car because the more expensive car depreciates less in the lease period than the cheap car.

How did this get so hot when its 5k miles lol, i guess all the cold voters are ill today

Great deal for anyone in the market for this model , just a shame its cheap ugly white

LOL!

Pros and Cons of leasing vs buying out right?

Lol at MPG comments. You'll only be using 120 gallons in a year so the fuel cost is almost irrelevant compared to the cost of borrowing the car.

Moving

I don't get it. Why not pay cash for a car ?

This one isn't even nice

That was downhill too !! I'd check to see of the ignition was on first :wink:

Try using some of the other gears.

No, Alpaca played on the wing for the Italian football team in the 80s, you are thinking of Alhambra.

​yawn, I don't get all this hostility to car deals, go moan the daily mail. I have a lease car sat sat on the drive due to hukd and it was a great decision which I have never regretted.

:man: I love cars... but only do about 2,500 miles per year!

If anyone needs a cure for depression, then it's right here within the comments section of a HUKD car lease thread. :laughing:

Indeed. Take note everyone.

This site is only for cheap deals on baked beans, slippers and Harry Potter DVDs.

NOT for deals on something where, oh I don't know...you might actually save some serious money, not a few pence...

A good deal is a good deal. It might be out of your league but to some people who would consider buying the car, it's a great deal.

And who are you to tell people to take these deals back to car forums?

You don't decide what deals can be posted here. Has no one told you that?

SHARE Please!

you added that after I clicked reply .. no worries

We all have different scenarios in which this lease deal would make sense or not.

I base mine on this .....

Last car - VW Passat , purchase price £6500 in 2011 (car was 5yr old with 90k on the clock)

Kept car for 5 years and travelled a total of 26k miles , total repair costs over this time were £3500 including servicing/ tyres/mots etc (had a new clutch/flywheel during this time !)

Traded car in this year for £1750 so total cost of ownership came to £8250.

5 years with a lease deal such as this would average a total of £12,750 - difference is obvious , my Passat was 5-10 year old whilst I was behind the wheel , the lease car would always be between 0 and 2 years old

The privilege of having the lease deal is you do not have to make such a big upfront payment and you get to drive a new car so to speak every couple of years which is nice.

The cost for me would equate to around £900 a year ( just under £18 a week ) so it is worth considering I guess.

That said , I now have a 5 series 3.0d m sport new shape and love it , have yet to see a lease deal on a comparable car which could get anywhere near my projected depreciation so cost difference would be substantial.
I'm happy to keep my current car for 5 years and take a £7-£8k loss when trading it in :wink:

5 k miles and 2400 deposit. why would anyone put that much down on a car you hand back in 2 years just pay a higher monthly payment

For some reason you lopped this part of from my earlier reply :disappointed:

So your answer was simply 'because they can' and 'convenience', there is no other reason to rent new rather than buy old.

That's fair enough, wasn't asking to judge anyone...

And I'm just pointing out (answering your question) that it's not always about 'better'. Some people, lots of people, put convenience before saving money. Or looking at it another way, they spend the money some class as a saving (or waste) on convenience. Because they can.

Thanks for this - I'll certainly look at tsp RE excess mileage.

Never had a lease deal with that clause in it. And had a lot. Including 3 x VW from VWFS. That's why the 10k profile works out the same as the 5K profile plus the excess miles at 6p /m + VAT

Probably the way to do it.

I love my Scirocco, but I didn't love it so much when the engine tore itself apart after 5 years and a month.

We've created expectations, but not the means to fulfil them.

Fancy a drag race sometime deek? (I don't mean women's clothes!)

I haven't tried to suggest otherwise. Just wanted to understand why renting new is better than owning second hand. Thanks for your input.

5KLOL

Good, yes....insane, no.

And again, not everyone is like (or in a similar situation to) your colleagues or yourself. Some actually don't have or need a mortgage and some believe it or not don't need to climb any ladder.

Yeh like my colleagues a decade younger that all drive new(ish) cars but complain about being able to afford a mortgage. And me in an 18 year old micra but on the ladder. Everyone's priorities are different (don't need to get into that convo)

hahahaha, good one...

Some people can afford nice new shiny things. Not everyone is working for the minimum wage. Being careful with our money is obviously a responsible thing to do, but if you have it, enjoy it while you can*



* just one of the reasons someone might go for a lease deal.

Thanks, so really the only reason is to be able to drive a new car.. Fair do's

thats a great deal, only if it had 4 doors and came with free fuel and insurance, than it would truly be a HOT deal

Going for this lease under the impression you can do 10k P/A by paying 10k miles as excess mileage at the end of the contact at 7.2p a mile is not going to work.

Lease contracts state that you cannot exceed the mileage allowance by a certain percentage threshold; for example on my current car that threshold is 20%. If we apply that to this lease deal then 20% over the total 2 year contact allowance would come out at 12000 miles or 6000 P/A. If you breach that 20% limit then you have to pay a premium pence per mile rate. Often double, so by doing 20,000 miles you would pay 2,000 at 7.2p per mile and 8,000 at 14.4p per mile. That's £1296 in excess mileage, or an additional £54 a month not £30.

In short, it's better to go for the 10k P/A lease deal if you're going to do that mileage.

​Oh get real lol

It's a fairly standard question when these lease deals are posted. The answer is that, if you don't mind an older car, then buy one secondhand, when most of the depreciation has already occurred. That's what I do.

If you feel you deserve/need/want a brand new car, then the initial depreciation can be as much as the cost of the lease. In this case, I expect it will be more than the lease cost, as apparently a new model is just about to come out.

HOTTTTTT WOW

Something to check if you want to drive to Europe, some lease deals won't let you take the car out of the UK.

£5k every 2 years on renting a car? (increasing by £700 for 10k miles). I understand that it's an essential for some but it seems steep to me. I just don't get it personally (haven't voted either way).

Is it just peace of mind that the car doesn't need work or mot? Why rent over buy?

It is a deposit...

"a sum payable as a first instalment on the purchase of something or as a pledge for a contract, the balance being payable later."

Seems a bit naff. Could buy a decent car and own it yourself for a fraction of the price, and when people ask you dont have to tell them you're just borrowing it whilst paying lol

New shape arriving. Good lease for fat people who drive local.

Ah. Maybe that's why he thought it was "INSANE!1!" and not just "quite good"?

They call in upfront payment. OP has called it a deposit, which is wrong.

Which company was that?

what leasing company was that Bane17..?

I'm not in-the-know on these lease deals, but why do they call it a deposit when it's just an up front payment?

I've just enquired about the following deal with another lease company:

Volkswagen Scirocco Coupe 2.0 TSI 180 BlueMotion Tech R Line 3dr (model up from the one posted)

3+23 10k Miles p/a
Initial Payment: £544.44
Additional Fees: £199.00 INC VAT
£181.48 Per Month, INC VAT

Total: £4,917.48

thanks very much for pointing this out....
the link takes you straight to business deals is all....
i am really sorry

Nope, just you I think.


It might be worth pointing out if you were correct.

That's stupid money to pay out for wanting to do less than 5000 miles a year!

What car did you buy FocusST?

:smiley:

probably been said already but i cant be arsed to trawl through all 7 pages crap....this is a business deal....bit more money for personal contract.
i dont really know the difference myself...but worth pointing out

Do you mean Alpaca?

A shame, this will be exactly the type of deal and car I'll be looking for but my lease doesn't expire until the start of next year.. Hopefully something similar around then.

1.5 years into my first ever 2 year lease and will never go back - Leasing is definitely perfect for me.

Not to mention they are paying sod all for the finance.

And many of the best deals are as a result of manufacturer incentives to balance differentials between production and demand. It would cost them more to lower production (production lines are most efficient at near maximum) then subsidise some units. However, they don't want to do that in a way that would impact their retail prices, so they subsidise lease deals/business deals/etc which then also keep their franchises happy by providing nice cars to sell second hand with exorbitant finance.

Some people don't commute to work. I work form home so only do about 2000 miles a year so deals like this would be good for someone in my position. And remember all of my miles are purely for fun, no point justifying a car purchase based on the boring miles you might do commuting to work.

I've just bought a brand new car on PCP because it meets my criteria and costs less than buying a used car, plenty of discounts to be had buying new, in fact I got £8500 off list which was amazing!!

if you did 10k a year,,, that extra 5k is £360... not a bank breaker..... ( 5,000miles x 7.2p = 36000p / 100 = £360)

Isn't an alcantara one of those things a bit like a llama?

But fuel costs aren't relevant as they are applicable whichever route to take to acquire a car.

To be fair to the question, it should not be called deposit.

It's usually phrased "inital rental" for a reason. It is not a deposit.

Unfortunately I am at work so I cannot respond in kind with an essay but that is not the figure I'm getting for fuel costs as set out by the other poster who should also factor in cost for the miles over 5k and more for contingency.

Buying new, nearly new or leasing and finding where the real value lies is a valid discussion. You make a number of relevant points but I would settle with saying that whilst lease deals can be the best option in specific circumstances there are indeed a number of drawbacks and they are very costly.

Buying anything new is a horrendous proposition financially. Why don't you jump on every other thread on this site and tell people it will actually cost them an additional 2.5 times the original cost of purchase and they are mugs because buying second hand would be much cheaper?

If you want a new or reasonably new car and don't have the cash (or access to very cheap personal finance), leasing "can" be the cheapest route. The finance rates on nearly new cars are horrendous by comparison. Depreciation is generally horrendous for the first few years.

Of course there are negatives. Start ticking options and these deals generally aren't worthwhile. Excess mileage costs can nullify the advantage of leasing (although not always so worth checking as sometimes its cheaper to go for the lower mileage and then pay excess). The best deals often require you to pick the "best" colour for resale. You may have to worry about GAP insurance incase the worst happens.

But its just silly to suggest a £5k lease will actually cost you £12k then hide behind innuendo when people call you out on that. Or to suggest not having an asset at the end is an issue, when the asset in question is a depreciating asset (all that matters is the cost to you for the period you intend to own against the cost to lease). Or bang on about buying a second hand banger instead (not you but others)and running it into the ground.

I don't think most people are so stupid that they are oblivious buying new things, especially cars, is financially less prudent then purchasing second hand.

PS. I'm no lease fan boy, my car isn't leased or financed. But if it would have been cheaper to lease I would have been over the moon.

A fabulous deal OP - thanks for sharing. For someone in the market for a lease, this is a terrific deal. If you don't understand leases, don't like them, walk on by. No need to vote, no need to comment. It's that easy.

Wrong on pretty much every count. Lots of your opinions here, no facts.

With that 700 miles per week, which is 36,400 miles a year, I recommend you to carbon trade yourself to another country.

This car can currently be bought for £20k by the likes of you and me. VWFS probably get them for £18k (probably cheaper due to the sheer number ordered), they then get £5k in payments over the lease term, VW have control over the 2nd hand car market, car gets sold at auction for £15k and the dealers sell the car as 'approved used' for £17k with a horrendously priced PCP deal.

LOLL :smile::smile::smile:

Driving a new car off the forecourt is an even worse proposition. That lease deals compare favourably is not to say much.

I think this car is a glorious opportunity!

Have they solved the injector problem on these engines yet?

Translation: You pulled a figure out your **** and now are hiding behind innuendo in the hope people don't see the egg on your face :smile:

We currently have a cheap VW Golf deal that finishes in December. It was with 5k miles which we knew at the time we would go flying past (more like 15k) but budgeted for that in excess costs. BUT the brilliant thing was that when I phoned up VW Financial Services over a year in to the contract and told them about the excess mileage she worked out an increased payment deal that saved around £500 over the term in excess mileage costs. Anyone in the same boat should look into it!! Cheers!

I really dont get all these car deals.... 5k gets you nowhere... even if i only drive to work at back i do 8k per year.

They need to ban this crap it just floods the site. **** off back to your car forums...

Voting hot because its a nice car is not how the site works! Stop it.

The answer is staring at you. I'll give you a clue, you said "start out with an asset worth, say, £30,000". It isn't ever that despite what the marketing department would tell you, chuck in some economies of scale .......

This is what's always bothered me - how on earth do the hire companies make any money?! They start out with an asset worth, say, £30,000. Take £6,000 in hire payments. And at the end have a car worth £20,000. I don't get the maths.

Find out the truth after two years of leasing. The fact that people would feel the need to request calculations shows a lack of the most elementary research on their part into running costs.

Assuming a conservative 20mpg and fuel price of £1.10/l, I make the cost of 10k miles ~£2500. Add in another £1500 for two years insurance, brings us to £4k. Of course both of those costs apply even if you buy an equivalent car. Lets throw in £500 for incidentals/servicing and we're still only at £4500.

Cant seem to get anywhere near £12k. Perhaps he intends to return it on bricks having stripped it bare for parts :smile:

WRT the comment about the nature of this site (people mull over the price of baked beans), I would suggest the majority of threads are about superfluous crap rather then staples/essentials.

And I'm not sure why people keep mentioning the word asset without making the distinction between an appreciating asset and a depreciating asset. Its not a positive thing to own an asset that depreciates more over the term you have owned it then the cost of leasing said asset!

Is this not better?

Volkswagen Scirocco Coupe 2.0 TSI 180 BlueMotion Tech GT 3dr

UPDATE: they changed the initial deposit from £388.76 incl VAT to £2400 as I was on the phone - will avoid them in the future!

This is a very good deal if you would like a new car every couple of years but don;t want to shell out £30,000 and get hammered for depreciation - It is good because the cost of the lease is less than the depreciation of the car based on the same annual miles - ergo a good deal. Also the peace of mind of a warranty is included. If you want a car to run into the ground or one that already has been then spend the £5k on a 10 year old bmw as suggested previously.

Insane is absolutely the right word to use.

Basic economics should be mandatory for teenagers at school.

£12k? Calculations please.

With all costs of motoring factored in this is going to set a person back 12k over two years with no asset at the end of it. It is an interesting phenomena that it does so well on a site where people mull over the price of baked beans. It might be a hot deals, I would suggest for anyone earning over 60k and without a family who can really afford it.

​This deal isn't nuts. Go onto what car and you can get the same vehicle direct from VW and only have to put 3 months down first for the same money.

This deal is NUTS!!!! so cheap its rediculous..

another job

The deposit for a personal lease can be £ 575.94 on a 3+23 or £ 646.47 if you prefer 10K miles?

Scammed, que?

Whether or not you think it's a good deal is up to you but it's not a scam.

You don't get to keep a £30,000 car after paying £5,000?!? WHAT! These people are getting scammed...

I think you're more likely to have a couple of grand every 2 years then a lump some of £30,000 right now

It'll be a combination. Haven't seen this particular model, but the trim will probably be leather.

It mentions "Alcantara Leather Interior" but I'm pretty sure Alcantara is cloth?

but what about there high pressure sales tactics?

Not everyone drives to work every day of the week.. I have a current lease with 8k a year limit and have used 5k in the first year.. That is driving the car quite a bit when I'm not at work

I know, it automatically stops working at exactly 5000 miles and becomes a useless piece of metal.

​lol not a new one you can't, daft comment. who wants a base poverty spec BMW anyway

You could buy a nice 320i for £5k.

£5,000 and you don't get to keep it? and with the mileage you don't really get to drive it either....

Skateboard

what an awful deal - massive deposit, hidden costs - and anyone normal would have to do that thing they do at the end of 'ferris buellers day out' to try and get around the fact that the mileage allowance isn't big enough to actually let you drive the thing...

anyone signing up to this has just been scammed.

​Stop doing 700 miles a week?

I must admit I like the look of the Scirocco but it's been about a while, all be it they've done a facelift. It's always a special monthly offer for at least one leasing company.
Probably because the new one comes out next year.

Good deal, s*** car

A life.

​Good job they fixed it. No one likes ring problems...

A Sat Nav

I got my Cactus from these guys on 12m no upfront for £127 PM. Really pleased with Freedom and my Hello Yellow Cactus. This deal looks good and tempted.

Nothing wrong with this Golf mkv coupe. Excellent car

Or commute on the train

Deliver less pizzas

I think they resolved the problem. In the early teens, instead of filling the engines on the production line with recycled oil, as VAG used to do, the engines were filled with longlife synthetic oil. Unless the engines are revved quite hard from time to time during the running-in period, they do develop a bore and ring problem that results in high oil consumption.

A helicopter?

white can as standard with the 208gti I ordered plus u can get a golf r for not much more

I would personally spend the £25pm more and get the Leon 290 deal, yes the sirocco is a cooler car. But the Leon has over 100bhp more, lots more standard kit and I'm pretty sure includes the trick differential. So overall is a mega hatch !

​ A Train

I had a 2.0 Scirocco before my current car. Lifetime average MPG was 32.9. Even on a clear motorway run driving like a Dorris under 70 would still only get between 39 - 42 MPG.

This is still a great deal though. And the mileage is so low who even cares about MPG!!!

I could get a 1994 Ford Orion for that money, so cold from me :-)

It's a leasing thread, we must stick to the meta to maintain the natural order of things.

I'm quite worried that nobody has yet advanced the benefits of buying a 1993 Ford Orion for £325.

Do you get a 66 plate car? And is the cost less than the depreciation

Very tempted by this, but just about to remortgage (the money I save with that will pay for this...) and don't want a big black mark on my credit score.

I would think 35 is reasonable, I get 38 or so in my 2002 1.6 Focus Estate, best I've ever managed is 43 or so however this is a far newer and hopefully more efficient car. However the 46 combined is ridiculous.

Not commenting on the deal as I struggle to imagine only using 5k miles a year as I only really use my car for trips/visiting places and have done far more than that in 2 months previously.

Weren't White Sciroccos in fashion once for about 2 months, 4 years ago ???

Wow! What a deal

Anyone know what style of alloys this car will come with?

incredible deal.

I'd recommend http://www.mileagecorrectioninlondon.co.uk

The Starship Enterprise?....:wink:

What is the point of leasing a car you could save loads of money by just moving closer to work

I do 700 miles a week, what would you recommend?

​I get about 35, if I'm lucky, from my 1.4 tsi in my yeti. so wouldn't like to see the real world figures for this 2.0

You don't like muppetry?

Are these really cheap leases trustworthy?

Very good offer

cabin feels a little dated on the scirocco, good deal tho.

And if you think that makes him or them any less of a muppet(s), feel free to join his club.

As of right now, he's beating you on 'likes' 19-1

Cheap cheap cheap

Volkswagen finance is 7.2p per mile flat no matter the excess mileage. Same with most finance companies.

The excess mileage on my lease contract with Arval only covers up to 10% over the contracted amount. Above that you are outside contract and you then have no certainty as to the cost. How do you know this contract isn't the same? Pretty much every lease deal I've seem on here says go with the lower mileage option. I wonder how many people then actually read the small print...

So £212.66 per month all in

Always one muppet who thinks he's clever doling out this boring comment every time.

Is oil included? These engines have a habit of drinking it. #vwshat

get 40ish motoring but intown less had 2.0TDI before but the 2.0TSI growls! acceleration is great

​sometimes it works out cheaper to say 5k miles and pay excess on 3k miles rather than quoting for 8k upfront.

Across the country? Assuming the normal 5 day a week working pattern you would need to live no more than 10 miles away from work and not do any other driving.

And the 'water' is still only 80% urine!

Great looking motor for the price but not quite a family car...or is it

The Sun centre still looks glorious

Some do deals, I paid £129 or £149 to cover the service each year. You can also take out maintenance which will cover things should they need replacing.

Insane? Pipe down.

so can you service the car a bobs gargage ..lol.. or dont even service it because its not yours ..big service bills from VW dont like..

Not bad, depends on the Zetec spec though, there are a few variants.

Edit: and the length of the lease.

Who cares? You will only be doing max 5k miles a year in it!!

And possibly gap insurance, if you want to. You sometimes get breakdown cover included too.

Off topic but.. I've just been offered a lease deal through work, Fiesta Zetec 5 door, £149 a month, £149 deposit, 6k miles

Is that a good offer? No idea on that sort of thing

you pay insurance, fuel, and services but tax is included

whats included when you lease a car ... do you have to pay for servicing and tires anything else i ned to know.. i do i just pay the monthly payment and just insure this put fuel in and pay tax ... any help would be helpful .. thought about leaseing just not been tempted enough :smiley:

Is the excess mileage charge 7.2p for 5000 miles? Leasing companies usually increase it the more the allowance is exceeded by.

Every time... literally EVERYTIME!

What makes this "insane"?

​If you get a lease direct from the manufacturer in this case VW, it's normally 3 months payment up front which is much more affordable. Also no administration fee.
Also you can still haggle with the price.
What car is great for searching for lease deals, find a couple of good deals and then get the 2 vw dealerships to battle for your business.
I currently lease directly with Citroen Glasgow, they give me 500 off my next lease and will match only other quotes I get.
I

5k is quite a lot for just looking at it.

anyone used this company before? are they any good

30-35 local depending how you drive

Love these lease deals cause I've always got a **** couple of grand in the bank for deposits every time the lease comes to an end and I need a new car

If you click on the link it tells you. Combined is about 46mpg so not too bad if you believe it? It's Vw after All! :wink:

did they gonna give back that £2400 deposit after 2years?

Awww, I want it. But I have to pay for a holiday. Gutted. Unless...

Fortnight in Rhyl!!

I have a 2.0TSI engine in my car love it!

Worth mentioning it's 5k mileage allowance which is okay for people who enjoy looking at their cars instead of driving it.

​yes you get to keep the car too

That is a very
interesting deal...

Even for higher mileage / lower deposit this is a bargain!

Plus £239 admin fee.

Hot deal. I am also not able to take advantage just now, would have jumped at another time.