The new Golf has Automation which will basically drive the car by itself upto 40mph in stop-start traffic
- simon-c
Top comments
g8spur
5 Feb 1734#2
I feel so much better after seeing all these lease deals on here. I used to scratch my head and wonder how the hell everyone is driving round in 30k cars but since discovering lease deals it all makes so much sense.
My banged up Peugeot isn't up to much sadly but I'm playing the long game and paying £300 a month into a private pension so hopefully later in life I'll get my chance to own some nice things.
fedex1401
5 Feb 1723#14
Looks like you just claimed that crown! Might've been better if you had bothered to state why. :man:
webrits to g8spur
5 Feb 1713#12
Dumbest comment of 2017 award
taker920
6 Feb 179#47
Only on HUKD would you come in with the intention of buying a new Golf but come away with a Dacia & higher pension contributions. :laughing:
All comments (78)
blue1971
5 Feb 171#1
10,000 miles too,not bad
g8spur
5 Feb 1734#2
I feel so much better after seeing all these lease deals on here. I used to scratch my head and wonder how the hell everyone is driving round in 30k cars but since discovering lease deals it all makes so much sense.
My banged up Peugeot isn't up to much sadly but I'm playing the long game and paying £300 a month into a private pension so hopefully later in life I'll get my chance to own some nice things.
pablozzzzz to g8spur
5 Feb 172#4
biggest problem with pensions is that they make massive amount of money and pay peoples peanuts
defgimp to g8spur
5 Feb 171#5
Very true, many people (me included) were brought up with the idea of saving for a rainy day/retirement?
Unfortunately, some of them never actually make it that far?
I could never understand why everyone who drove a 2.8 Capri never went above 40 or wore a flat cap/trilby/retired, until you start saving for a rainy day/retirement and realise that you need to be that old before you can afford to insure it :smirk:
Nice to have something new once in a while, suppose that could be "hand-me-down" syndrome (if there is such a thing?) :smiley:
webrits to g8spur
5 Feb 1713#12
Dumbest comment of 2017 award
Macdory to g8spur
5 Feb 171#37
You're not going to get much of a retirement with only £3600 a year going into a pension pot - even less if you are spreading it around in various low return pots ... just saying ...
tmj2007 to g8spur
5 Feb 17#38
Life offsetting... why put off owning nice things now so that 'hopefully' you might in the future?
dnc316 to g8spur
6 Feb 171#44
And if you died tomorrow you couldn't even take your banged up Peugeot with you!
gods_mad_hatter to g8spur
6 Feb 17#74
i know how you feel.
rowland24 to g8spur
8 Feb 17#76
It's all good saying that but you may not be around to see your pension.
MusaX
5 Feb 173#3
If you live il then... never leave today's work for tomorrow
g8spur to MusaX
5 Feb 171#10
True but given the average live expectancy it's probably safe to play the odds.
Tbf I use private pension as a general term for preparing for retirement. That £300 gets spread around a bit in various long term savings vehicles.
pothole
5 Feb 176#6
Is it really value for money if you're spending like £6.1k over two years just to lease a car? I don't really understand where the value is when it comes to leasing.
Not picking on anyone or any OP, just wanted to ask the question.
chrisom to pothole
5 Feb 172#8
it comes down to driving a new car . if you compare lease deals to purchasing a brand new car , the amount you potentially lose through depreciation , cost of car tax , savings interest lost if your were to purchase it outright with your own funds. it can work out cheaper to lease the same car drive it for 2 years , and hand it back .
so lease contract may cost £8 for 2 years , but a car might depreciate £10k in the same period. hence making it a better deal to lease over that time frame
118luke to pothole
5 Feb 173#11
Leasing certainly isn't designed for everyone.
If your a high mileage driver then probably better to own, also if you want to not have to continuously pay towards your car and not bothered about having a brand new one every three years then you might as well buy and keep driving it.
Some though are terrified that their car will break down after 3 years (even though cars have never been as reliable) so turn to leasing.
I have a company car and a car i bought as an ex-demonstrator 7 years ago. The ex-demo is now not costing me anything to buy (as i fully own it) and flies through the MOTs each year. By the time i come to selling it, i would be better off financially than leasing over the same length of time, plus i can do as many miles as i want and not have to pay excess charges (of course it will be worth a bit less because of more mileage).
Its all down to circumstances to be honest.
poi55on to pothole
6 Feb 171#60
The way I look at it, it's a 24k car, drive it off the forcourt and you've lost the VAT 4k, 2 years would prob see it drop to 11/12k So if you like changing your car regularly you've saved 6k on this deal. Not exact science, just the way I see it :wink:
adamc11
5 Feb 173#7
I will always lease my cars tbh, I'm paying £218 a month for a 1.4 leon fr technology 15k miles a year which works out roughly 7.5k for three years driving a £23k car with the added extras on it. I could never afford a car this nice if I was to hire purchase it and I wouldn't buy second hand unless it was a high end bimmer
DodgyDC
5 Feb 171#9
Great thing about leasing is if you dont like the car you havent spend 35k on it and can give it back ... Cant wait to give my GTE back .... Charging a phev is a pain in the a#&e
JasonThomas2014
5 Feb 179#13
leasing is for poor people who want to pretend they're rich.... you dont even own the car as you have to fix evetything you break and any dents you make its ridiculous. Borrowing something you cant afford is never a good idea and those that quote 6k a year known better that there are more costs involved in leasing and the only benefit is you can show off against your neighbours or whatever....
fedex1401 to JasonThomas2014
5 Feb 173#15
Nonsense. While I personally prefer to buy nearly new, I know plenty of people I would not describe as poor, who live by the following: if it appreciates buy it, if it depreciates lease it. The leasing vs buying argument generally only works for those who want a new car every 2 or 3 years. :man:
alu355 to JasonThomas2014
5 Feb 173#19
So if you dent your own car you don't fix it?
russtyk to JasonThomas2014
5 Feb 171#23
Err, if you broke something on a car you owned I'm pretty sure you'd have to pay to get it fixed, although admittedly you might have a choice.
If all you want to do is show off, then leasing's a route you can go down, but for thousands of other people it's also a way of having a new reliable car at a fixed monthly cost.
It sounds like you know a few people who are leasing to show off.
fedex1401
5 Feb 1723#14
Looks like you just claimed that crown! Might've been better if you had bothered to state why. :man:
Opening post
Volkswagen Golf GT Edition 1.6TDI 5 Door Manual.
Total Price of £6086.
- thecoolguy
Cheaper @ NVS
https://www.nationalvehiclesolutions.co.uk/Volkswagen-Golf-5DR-1.6-TDI-GT-Personal-Lease/47220
10k =
£141.98 inc VAT
£2400 INC VAT Initial Rental
£239.99 Inc VAT Admin Fee
The new Golf has Automation which will basically drive the car by itself upto 40mph in stop-start traffic
- simon-c
Top comments
My banged up Peugeot isn't up to much sadly but I'm playing the long game and paying £300 a month into a private pension so hopefully later in life I'll get my chance to own some nice things.
All comments (78)
My banged up Peugeot isn't up to much sadly but I'm playing the long game and paying £300 a month into a private pension so hopefully later in life I'll get my chance to own some nice things.
Unfortunately, some of them never actually make it that far?
I could never understand why everyone who drove a 2.8 Capri never went above 40 or wore a flat cap/trilby/retired, until you start saving for a rainy day/retirement and realise that you need to be that old before you can afford to insure it :smirk:
Nice to have something new once in a while, suppose that could be "hand-me-down" syndrome (if there is such a thing?) :smiley:
Tbf I use private pension as a general term for preparing for retirement. That £300 gets spread around a bit in various long term savings vehicles.
Not picking on anyone or any OP, just wanted to ask the question.
so lease contract may cost £8 for 2 years , but a car might depreciate £10k in the same period. hence making it a better deal to lease over that time frame
If your a high mileage driver then probably better to own, also if you want to not have to continuously pay towards your car and not bothered about having a brand new one every three years then you might as well buy and keep driving it.
Some though are terrified that their car will break down after 3 years (even though cars have never been as reliable) so turn to leasing.
I have a company car and a car i bought as an ex-demonstrator 7 years ago. The ex-demo is now not costing me anything to buy (as i fully own it) and flies through the MOTs each year. By the time i come to selling it, i would be better off financially than leasing over the same length of time, plus i can do as many miles as i want and not have to pay excess charges (of course it will be worth a bit less because of more mileage).
Its all down to circumstances to be honest.
If all you want to do is show off, then leasing's a route you can go down, but for thousands of other people it's also a way of having a new reliable car at a fixed monthly cost.
It sounds like you know a few people who are leasing to show off.