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Source: HotUKDeals | Deals > Other
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Opening post
bowdiddly
1 Feb 17
Looks a good spec, 68.9mpg, 18" 5 double spoke light alloy wheels

Choose 24 months
Initial Rental £884.04
Processing Fee: £198.00
24 x 147.34 = £3536
Total for 2 years £4,618
Top comments
GDB2222 to Harley Roadking
2 Feb 17 7 #24
Can I ask a daft question? I understand that some people don't want secondhand cars. But if you keep the mini you have, it won't be secondhand. It's a great car, with loads of equipment, and low mileage. The worst of its depreciation is over, and it's not going to cost a lot in servicing. So, the daft question is simply, why not keep the mini?
Bilbo1968
1 Feb 17 4 #8
Looking for jam on it aren't we?
Bilbo1968
2 Feb 17 4 #73
I wouldn't be boasting about that too much.
moob
2 Feb 17 4 #60
Nope. No idea why you've used an apostrophe, it's a plural.
Latest comments (152)
usetheforceluke
3 Mar 17 #152
think this is oos as the price has increased
andrisan10
28 Feb 17 #151
is this deal still on? tempted but it` s really sloe at 100 bhp...thoughts?
andrisan10
14 Feb 17 #150
108 bhp....really???
fossman
14 Feb 17 #149
Have the prices changed on this since the deal was posted? Someone mentioned you could make a saving my paying the larger upfront amount but when I work it out the 3, 6, 9 and 12 months all work out to cost almost the same over the 2 years.
dush_yant
11 Feb 17 #148
Agree, but wouldn't a showroom model be registered to the dealer first and you'll be the second owner where as on a factory order you'll be marked as the first owner?
Mansa
10 Feb 17 #147
Hi yes got all paperwork today delivery to dealership on 27th to me on 1St.
nougat
10 Feb 17 #146
What has that got to do with this deal with Nationwide Vehicle Contracts
Jrange
10 Feb 17 #145
Cool!
My order looks like it was finally processed today so hopefully get some details next week.
Have you got a delivery date?
Mansa
10 Feb 17 1 #144
Just a update got my REG today and it is 17 plate so defiantly not been sitting for months in a dealership. Very happy days.
Mansa
9 Feb 17 #143
Graphite shadow. The contact was Gemma.
Jrange
9 Feb 17 #142
I ordered one last week but it hasn't been processed yet... Think the girl dealing with it has been off. Who did you speak to?
Also, which colour did you go for?
Mansa
8 Feb 17 #141
Just ordered mine and it is due from factory to dealership on 27th Feb. Went for 2 year at £167 which means only one service to pay for. Take off the better fuel economy from my petrol freelander and no road tax to pay (which costs me about £25/month) it is going to cost me about £82 a month including breakdown cover. No brainer for a brand new car. Happy days good find and thank you.
ben14
8 Feb 17 1 #140
Sort of although it would be like seeing a picture of a juicy burger with bacon, avocado and a fried egg (and a little flag on top) and then finding that it's just a plain ol' burger with a slice of plastic cheese if you're lucky! Speaking of which... I'm hungry for lunch...
trizinger28
8 Feb 17 1 #139
Bit of a silly reply really, there are lots of arguments over whether buy new or s/h, most of which folk will never agree on. I too do most of my own car repairs but some of my mates wouldn't know how to change a thermostat or a dizzy cap let alone anything difficult. I don't go down the lease or contract hire route as i think its a lot of money to spend on a couple of years transport and I wont buy new because of the depreciation. Having said that, if I was wealthy enough the depreciation would be negligent so I would then buy new.. I think its all to do with individual budget really.
trizinger28
8 Feb 17 1 #138
No disrespect intended, but you do know that the "new one" from the factory will almost certainly be a car that has been sitting in a car yard for about 6 months since being sold.. :wink:
trizinger28
8 Feb 17 1 #137
Its a bit like all advertising, you see an advert on Tv for a nice juicy burger but the one that gets handed to you over the counter is half the size with limp salad and looks like its been hit with a shovel.. :laughing:
abdi12346
7 Feb 17 #136
I wantings!!
Harley.Roadking
7 Feb 17 #135
118luke, ​The car industry would collapse if we all kept hold of our cars until they fell apart then buying a new one would cost thousands more as they try to recoup their R&D costs by increasing the purchase price due to lack of sales.

How did you write your reply? On a reallly old but perfectly operable computer or a new tablet or phone? If you want to reduce your carbon foot print I suggest that you let you tablet or phone battery die and stop writing such garbage.
Adao
6 Feb 17 #134
has the price gone up?

I was looking at the Business pack one that someone had recommended
m5rcc
5 Feb 17 #133
Not most - all. Manufacturers are legally obliged to quote only the MPGs achieved in ECDC tests. Cars will never actually achieve those MPGs in real use, as ECDC tests are conducted using the very best fuels, usually Shell V-Power Nitro+ petrol/diesel, so if you run on a lesser fuel you will get a worse result.
Harley.Roadking
4 Feb 17 #132
​I was just stating what the manufacturers claim. Looking at reviews, most drivers struggle to get any where near the claimed 68mpg though. I think that is down hill with the wind behind you. :wink:
Harley.Roadking
4 Feb 17 #131
​It is maintained on schedule but with the liw mileage ut was a time based service, free because I also have 5 year mini care pack. the MOT is not a problem, it's just that at the liw mileage I would get the best price now compared to keeping it for a few more years. also the warranty will have run out so any repairs at at a cost to me.
Harley.Roadking
4 Feb 17 #130
yes...
barbiegirl
3 Feb 17 #129
Of course it does. But it also maintains an industry along with concomitant tax and other economic contributions.... if everyone drove the same car for 20 years, I'm not sure that would be a 'good thing'..
PotatoSalad11
3 Feb 17 #128
£166.36 x 24 (rental multiplied by 24 months) + £998.16 (initial rental) is almost exactly £5000. There is a £198 processing fee on top of that which was why I stated "just over £5000".
PotatoSalad11
3 Feb 17 #127
I'm a big fan of the car, really love it. Definitely have had absolutely no regrets since buying it.

Can't really help you regarding the extended warranty. All I'd say is that Infiniti/Nissan are generally very reliable so hopefully you shouldn't have any issues, but there's no telling really.
m5rcc
3 Feb 17 #126
But you won't get it for this price.
mwade2012
3 Feb 17 #125
No mate the 1.5dci is terrible. Loud and unrefined. The 2.2 diesel option on the q30 is a merc engine. Id get that one
118luke
3 Feb 17 #124
While new cars are indeed cleaner, you'll find that the manufacture of a new car uses vast amounts of energy and resource.
Even recycling your old car isn't 100% efficient, some components cannot be recycled.

Please have a read of this to explain it better than I can:
https://www.google.co.uk/amp/s/amp.theguardian.com/environment/green-living-blog/2010/sep/23/carbon-footprint-new-car?client=safari
m5rcc
3 Feb 17 #123
Do they actually share any mechanical components (unless a Phaeton used to be Superb linked)?
m5rcc
3 Feb 17 #122
And why is that a problem? This engine in use in many cars from a Méganes and Kadjars to A/B/CLA classes. Oh and the Citan.
docefc
3 Feb 17 #121
It's a corsa but with daft big massive black alloys that I've kerbed several times because I'm an idiot (annoyingly all withing the first few months).

I worry I'm going to send it back then get hit with a massive bill, I don't like the not knowing part.
barbiegirl
3 Feb 17 #120
This doesn't stand up to any logical analysis. If people are replacing cars with more modern cleaner ones, then surely that's a good thing? There must be a reason a forward thinking nation like Singapore forces cars older than 3 years off the road (though I suspect there's some recycling going on).
rlearmouth
3 Feb 17 #119
Small point. But for info the leasing company do not own the vehicle. They are just brokers/agents for massive finance company's like Hitachi Capital and Lex.

My next car and first lease deal coming from Nationwide. My other half already has her car from there.

Shame some people don't get the up front payment. It actually works in your favour. I'm putting down £5k to reduce interest via monthly payments. Just amortise over the rental period for the true monthly cost for comparison.

I'm getting a new BMW with maintenance for £300 pm less all in than a PCP with a dealer. And that includes maintenance rather than the risk of unexpected bills with a PCP.

To get down to the price I'm paying buying my own car outright I'd need to buy a 2 years old.

I do all my comparisons based on an all in monthly total cost of ownership.
MonkeyBoy33
2 Feb 17 #118
So what are your thoughts on the car?

Also, am thinking about getting a 4 year lease... But what happens with the final year re:warranty? Would I have to get an extended warranty?
andiejn
2 Feb 17 #117
not kidding on the engine are you, 0-60 in 12 secs? zzzzzzzzzzzzzzzzzz
andiejn
2 Feb 17 1 #116
Because the airbags went off when he hit a tree?
118luke
2 Feb 17 #115

Ah the throwaway society we live in. Replacing a working car with a new one, for no legitimate reason.
Forget Coal fired power stations causing pollution, its lease deals that probably cause more carbon damage due to cars being replaced every 3 years.
mwade2012
2 Feb 17 #114
I worked in the nissan plant where these are built. Its got a merc A class floor. The 1.5dci engine is from renault which is a terrible engine as i had it in my juke. Sounds like an old tractor achieving about 40mpg. And the SE is the basic model is extremely basic.
davidc
2 Feb 17 1 #113
If for some reason you are in the market for a diesel then lease is the only safe option. Apart from the reliability issues (DPF and DMF) the resale values of diesels are set to drop like a stone as people wake up to the fact CO2 was never the problem - it's all about particulates, they are the "child killers" and that's why it could well be impossible to use even Euro6 diesels in many UK cities in a few years time.
Bilbo1968
2 Feb 17 1 #112
Did your wife just walk in on you naked?
SCOUSEKEVIN
2 Feb 17 1 #111
Caught up in the chase for the ultimate in satisfaction, sensible people realise that cannot be found in THINGS lol
gingerwarrior13
2 Feb 17 #110
This seems such a great deal. Heat added.

My PCP runs out in June, but tempted to buy out my contract, sell the car and then look to lease.

Currently Mazda aren't playing ball with trying to persuade me with a cracking deal to upgrade early!
ezzer72
2 Feb 17 #109
I know, an A Class, that top of the pile amazing piece of German engineering...

I think Bentley vs Skoda is a bit more severe, if you want to take this viewpoint.
lighti
2 Feb 17 #108
WARNING PEOPLE AVOID NATIONAL VEHICLE SOLUTION!!!

I saw Audi A3 1.0 on HUKD at just under £100 per month--Hot Deal!! This was going to be my first ever lease deal I called the lease company and sent several messages saying I want to take out the deal immediately and heard nothing back then in January 2017 got told price has increased due to new year etc!! I already accepeted the earlier deal but they were ignoring!! AVOID NATIONAL VEHICLE SOLUTIONS!!!Sharks!!!
lukeo44
2 Feb 17 1 #107
Of course! This site's about deals!...And you've posted none so pipe down :smiley:
scorpio.iscariot
2 Feb 17 #106
I need one for 20,000 miles.Price for that is £212 per month with 3 months initial rental
Ross81
2 Feb 17 #105
​I didn't realise Merc had a tie in with Nissan/Renault. Imagine buying an A class and finding you have the engineering of a Dacia that's a third of a price....
hielliot
2 Feb 17 #104
Get a zero % cash Balance transfer interest rate credit card with a low fee, use the cash to pay the balloon payment. Then pay the balance of the credit card off over the 0% life of the offer in regular monthly amounts.
The.Bear
2 Feb 17 #103
Unless this model is a cut n' shut - they are Nissan aren't they?
ezzer72
2 Feb 17 1 #102
None of that is contrary to what I said, however, why would the airbag faults not be warranty?
jaydeeuk1
2 Feb 17 #101
I had a toyota IQ from new and that had several (expensive) issues with airbags and wasn't covered under warranty. Had a cactus for 2 years now from new, been spot on. May fall apart after 3 years, but I couldn't care less as I'll get something else later in year.
jaydeeuk1
2 Feb 17 #100
0-60 12 seconds? Surely that can't be right? Its a £22000 car in 2017, not a chevette.

Still, its a great price.
ezzer72
2 Feb 17 1 #99
​Even more interesting. So you buy new cars cash, but thought the £800 deposit on this was high.

You must know of a brand that are significantly undercutting Dacia :wink:
INDUSTRYHATER
2 Feb 17 #98
I've never had a car on finance before so I couldn't tell you.
othen
2 Feb 17 1 #97
Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha ...
Vogun
2 Feb 17 1 #96
Nope. Thank you for your contribution.
thecoolguy
2 Feb 17 #95
I've had a similar experience. My last few cars I have purchased have been 3 year old ones that have come fresh out of a lease (generally from BCA auctions, :- leaseplan, blackhorse etc. I tend to keep them for two years, by that point their 5 years old. Approx depreciation is only 10%.
centaurandrew
2 Feb 17 #94
Yes well done - it is impossible to avoid unforeseen issues, just as it is impossible to expect the unexpected - however if you know anything about cars - you know how to buy a good one. ;-)
Yossi
2 Feb 17 2 #93
As it happens, I tend towards older Hondas with FSH, usually after strategic servicing milestones...
Minimal servicing, great reliability, amazing resale value even 2-3 years later.

I would strongly suggest this strategy to anyone looking to effectively pay <£50 per month for a car all-in, excluding fuel/insurance/etc.
Bilbo1968
2 Feb 17 2 #92
Really? I thought I was on the wrong site for a minute - nobody cares.
ezzer72
2 Feb 17 2 #91
If you have lost nothing at all on your last 3 cars, you are clearly driving scrappers - I was assuming you meant you buy 3 year old cars, and that they don't depreciate any more at that point. You do realise that as new cars are brought out they are safer than the model before? Do you think it's right to put a price on you or your family's lives?

I love the 'if you know anything about cars you can avoid problems' - unless you are buying very sensible stuff like older Toyotas or older Hondas you couldn't possibly avoid unforeseen problems on most used cars. You'll usually have several problems with a BRAND NEW French or German car, so picking a 'safe' used one is some achievement...

And whilst I am fully aware that tyres wear on new cars too, if you change your car every two or three years, and are doing sensible annual miles, you won't be buying many.
othen
2 Feb 17 1 #90
Why use the genitive case? What is there belonging to an Infinity in the statement? If the meaning is the plural of Infinity then it should be Infinities (however daft that looks).
andrewfmills
2 Feb 17 #89
Isn't it 23 x 147.34, as your first month is in your initial rental?
centaurandrew
2 Feb 17 #88
Yep - my last three cars have sold for essentially the same price as I paid, inflation adjusted.

And I do my own work on cars sunshine :smirk:, although if you know anything about cars you can usually pick the ones that won't need too much work doing on them. Tyres? They wear the same on a new car as a second hand, if the car is properly maintained - and in any case - plenty of part worns around.

Sorry to render all your points invalid - but it's an interesting insight into the risk averse reasoning of people who buy new cars. Like I said keep spending the money!
Sp0oner
2 Feb 17 #87
True and a point i'd overlooked. I'm certain they will still try it on at the end of the 2 years as i've been told I will be offered the car to buy but i'm expecting a way over the top valuation. Bearing in mind how well that deal went they are going to be getting back a hell of a lot of cars in a short space of time that they will need to shift if they can't get people to extend their deals.
ezzer72
2 Feb 17 1 #86
Zero depreciation? You think?

And can I in turn thank you for paying to keep mechanics/technicians in jobs each time your out of warranty car develops a fault, keeping Kwik Fit and co in business replacing those worn out tyres, and of course for adding to the UK's economy with all of that lovely VAT that will be added to each and every bill.

May your next seat not have been farted on too often :wink:
Spenfica
2 Feb 17 #85
Local garage in north east has new q70 on 2 year lease for £249 deposit and £249 per month if it helps anyone?
ezzer72
2 Feb 17 #84
The leasing company will have paid MUCH less than £17k for the Corsa in that example.
ezzer72
2 Feb 17 1 #83
Of course you can, naturally I knew this. Obviously if you had paid a larger deposit though, the monthly rentals would have been less (around £187 if you had paid £1,000 up front, give or take).

The people I was aiming at are the 'I like the tiny monthly payments, but hate the larger deposit' brigade - I was just trying to demonstrate that you cannot have it both ways.
centaurandrew
2 Feb 17 #82
Thanks for taking the massive financial hit on all those new cars so I can buy them after a few years with essentially zero depreciation.
Sp0oner
2 Feb 17 #81
The Corsa VXR deal was £149 per month for 2 years no deposit and a £17k car i'll be amazed if the leasing company make any money on that deal at the end of 2 years because are they really expecting less than £3.5k depreciation?!
smellyonion
2 Feb 17 #80
Not boasting, quite the opposite.
barbiegirl
2 Feb 17 #79
What car is it? You'd be surprised what they will accept as W&T on alloys. I had a Golf R that went back recently. My other half had kerbed those low profile wheels beyond belief. Being diamond cut I was looking at £120 per wheel plus. VWFS took it back and charged £36 a wheel. Bargain.
barbiegirl
2 Feb 17 1 #78
To be fair, my current VWFS lease deal was £50 down, £214 pcm on a 36 month 6k basis. So you can get leases with little to no deposit. It's about the total cost over the term and how you want to break it down really.
monkeyhanger75
2 Feb 17 1 #77
You might be financing £5k capital lost in depreciation, but you're also paying interest on £15k at the start of the PCP, dropping to £10k at the end - that will probably cost you £250-300 a month depending on interest rate.
docefc
2 Feb 17 #76
Great deal for this car. I am coming to the end of my first ever lease car now and while it has been great, I am not the best at keeping things spic and span, so probably won't lease again. I've dinged the alloys a couple of times and it was keyed from one end to the other when I first got it, in all it's going to cost me roughly £800 to fix it all back and I still don't know whether they will okay the condition upon return. In future I will buy a used car and put £80 a month in an account towards repairs.
ALUMNI
2 Feb 17 #75
Thanks for the advice. I hadn't thought about the loss of the £5k. What car(s) would you have in mind if you were in my position. I am leaning towards getting a loan for the 16k. Leg room and head height were the mains draw for this car and the build equality was a big step up from my Hyundai and a nice smooth drive. I'm no engine connoisseur as you can tell. So the height legroom build quality and cabin space were main draw. We are a very tall family 6'plus. Happy to be drawn away from the Merc badge. But don't want to miss it. It's longest I've owned a car and and still enjoyed it. The Hyundai Santa Fe and ford galaxy before that had me longing after 6 months. But these cats offered the cabin space I needed for the right price.
mysterious.girl
2 Feb 17 #74
I want to pass this to a friend, but I have not been able to confirm if it has air conditioning in the specs, is that something that is not included? Thanks
Bilbo1968
2 Feb 17 4 #73
I wouldn't be boasting about that too much.
smellyonion
2 Feb 17 #72
My gosh. my c1 is faster
ezzer72
2 Feb 17 #71
There are some exceptions to this, but I agree often that is the case.
ezzer72
2 Feb 17 2 #70
I'll help the best that I can.

If the car is indeed worth £21k, and the 'balloon' is just £16k, then obviously don't hand it back as you would be throwing £5,000 away.

If you love the car as much as you do, I would take out a loan for £16,000 to pay off the balloon and keep it. Again, if it's currently worth £21,000, you have time on your side to decide what to do in the longer term - you may just keep it 6 more months, or another year, and should still be able to sell it for enough to settle the loan, and even have a bit of change.

This said, £5,000 is quite a healthy deposit towards a new car, so as you say you have that option too. There are cars out there as good as the Merc, and indeed better in some respects that will cost less because they don't have a Merc badge on, so be sure to go and have a proper look and do some test drives rather than just heading straight for the badge.
namsu2403
2 Feb 17 #69
How do you get to 5000? . I've tried a few different ways
MrShed
2 Feb 17 #68
Couldnt disagree more.

Lease = covering depreciation of car plus a bit of profit.
PCP = effectively covering depreciation of car plus a bit of profit, plus interest on the capital.

The interest on the capital is a hugely differentiating factor - if the start price is the same on both, its effectively going to add approximately 15% per annum to the cost of PCP compared to a lease assuming average depreciation rates, and 5% APR. And bear in mind that at the end of the lease, I could go and buy the same make/model/mileage/age of car, just not the same individual car, for around the same as the GFV. So you are basically paying money for nothing.

Agree that on paper PCP is more flexible in terms of options (if contract terms are the same, which isnt usually the case) but they arent basically the "same" product.

The differentiator for PCPs is that as they are more pushed by the garages you may be able to negotiate a better deal or certainly get a better deposit incentive up front - although again you could argue that these discounts are factored into the good leasing deals.
ALUMNI
2 Feb 17 #67
Can I ask a question not totally related to the deal as there seem to be lots of leasing experts here. I have a few weeks to decide on whether to give back a 2012 M-class Merc (nearly 50k on clock) or pay the 16k balloon. Thinking of giving back just so I don't have to find the 16k but what's the alternative. Still love the car. But out of warranty and extension to warranty is £90/mth and service agreement £42/mth. Love the size and space the car offers but can't afford to buy another or lease one. But as I said could keep this for cost of 16k plus maintained even. Or Thinking to sell to webuyanycar for 21k - pay off 16k and use 5k towards a lease deal (but which one as would love another Merc or similar) or best to stick and maintain? 1st post on this site. Sorry if this doesn't make sense. Any advice welcome. Cheers.
ezzer72
2 Feb 17 #66
It should be buddy, but you find multiple comments appear on most of these threads that demonstrate people don't get it.
m5rcc
2 Feb 17 #65
But wasn't that always obvious?
ezzer72
2 Feb 17 1 #64
None taken Spud, but just to hammer the point home, it's not even that clear.

Of course you cannot have full ownership of a £15,725 car for 24 payments of £147 (although some on here would expect to!), what I was trying to say is that you cannot even achieve such PCP payments, even if you plan to settle the £10k GFV, as discussed in this example.

What people don't seem to understand with 'leasing' (actually it's Contract Hire) is this;

The lessor calculates how much they need to achieve in total payments for the car - this is usually the difference between what they purchase the car for, what they expect to sell it for at the end of the lease, and with a bit of profit and interest added in.

Let's say that this figure needs to be £5,000 over 36 months.

The lessee (you) have a choice in how to repay that, if you pay £0 advance, the payments will be equivalent to £5000 / 36 OR if you pay £1000, the payments will be £4000 / 36 etc. etc.

Hope that makes sense to those struggling to understand why the lease deals offering the smaller advance payments, cannot match the monthly rentals of the deals with higher advance payments.

Nobody is balancing things that way purely to annoy you :wink:
m5rcc
2 Feb 17 #63
Thank you for your contribution.
moob
2 Feb 17 3 #62
I wasn't referring to the use of the 'y' - more your correction which was incorrect.
m5rcc
2 Feb 17 1 #61
When does Infiniti have a "y"?
moob
2 Feb 17 4 #60
Nope. No idea why you've used an apostrophe, it's a plural.
john.fleet
2 Feb 17 #59
Certainly some deals going - our local dealer was offering the Tech something version which lists at about £28K for £20.6 - took a test drive - impressed with the build quality - a bit dark and claustrophobic inside but they tried to take me down the PCP route whereas I wanted a straight lease. But if I'd been looking for a cash purchase I may have been tempted....
m5rcc
2 Feb 17 1 #58
http://www.sideshowcollectors.com/forums/attachment.php?attachmentid=143937&d=1415041555&thumb=1
Spud211
2 Feb 17 2 #57
I wasn't having a go or trying to teach you to suck eggs :smiley: These threads usually end up with people questioning what a PCP is, what a lease is, how can it be so cheap etc etc so a simplistic explanation is usually beneficial. I appreciate that many people know how they work (and that its more complex than I implied..)

The term "buy" is used very loosely, particularly w/r to a PCP so thats why I picked it up - but yes you are right you cannot buy outright (full 100% ownership) a £15k car for 147/month over 2 years, no question.

No offence meant...
ezzer72
2 Feb 17 3 #56
Thanks for the lesson in PCP. By cruel coincidence, I arrange around 200 PCPs a year, and actually understand them better than most.

The only point I was addressing is that the guy who I was replying to was referring to the advance rental like it were some kind of scam, and that the deal should be just £147 per month, with no upfront payment. When challenged, he said he usually 'buys new' and therefore wasn't overly familiar with leasing.

So, I asked him where he can buy a brand new £22,000 car, with NIL deposit, for £147 p/m.

I still don't think it's possible, despite your explanation.

In your example, the cash price is £15,725 with a GFV of £10,000 after 24 months.

Even if you could get 0% finance £5,725 / 24 = £238.54, not £147.

So, you cannot even buy a £15,725 car for £147 per month, let alone a £20k+ one.

Does that mean I was right?
barbiegirl
2 Feb 17 1 #55
I can beat this to 30mph on my bicycle...
m5rcc
2 Feb 17 1 #54
And it's neither £147/mth nor has zero deposit.
ezzer72
2 Feb 17 #53
He said he usually BUYS...not 'leases'
emJayO
2 Feb 17 1 #52
Bit like the Peugeot 208 GTi Prestige deal that many of us got on here. £163 per month with £163 deposit.
Spud211
2 Feb 17 #51
Probably, but not necessarily. It all depends on the salesman, how much they want the sale etc. Quite often the best deals come from fleet sales teams who need to bump the numbers up for whatever reason. I speak from experience of buying cars on PCP and of getting typically 15-22% off (with the best being 22% off my M135i - nearly £10k as specified). That was a factory order with my option/colour etc choices.

It does vary a lot on the salesman though and many will swear blind that it's impossible, until someone else does the deal with you :smiley:
WBRacing
2 Feb 17 #50
Or maybe, just maybe, they want the feel and luxury of owning a newer car.

Amazing how many people are willing to expose their own inferiority complexes in these lease deal threads.
m5rcc
2 Feb 17 1 #49
Get a quote from them
m5rcc
2 Feb 17 1 #48
Deep breaths Ezzer....
dush_yant
2 Feb 17 #47
You are right about the cash price being around £15K. Bear in mind though that you will get a car already in the showroom and not a new one from the factory for that price.
m5rcc
2 Feb 17 #46
Sure. I've driven it too on this Q30 and in an A-Class. It can feel a little breathless with its 109PS but there is enough mid-range torque for smooth and relatively meaningful acceleration. You can't expect a performance car because it isn't one.
Harrietxxx
2 Feb 17 #45
How do I find the excess mileage charge please. I never know whether to go for 15000 or just 10000 and pay the excess
m5rcc
2 Feb 17 1 #44
Unless it had the N47 engine...
Spud211
2 Feb 17 1 #43
It's entirely possible using a PCP - which is effectively a more flexible version of a lease..

With a lease or a PCP you are essentially just paying depreciation on the car plus a bit of interest, after any discounts the dealership offers.

This Q30 has an RRP of £21,500 and after 2 years the guaranteed value will be around £10k give or take. Currently the cash price for this car is just over £15k - i.e. they are being discounted massively at retail (check any infinity retailer...) then over the 2 years you have £5k to finance. You can either do this yourself (on a PCP) and have the option to sell the car/get out of the lease at any point - or you can take a lease which is typically a tiny bit cheaper but with a fixed deposit and fixed term..but either way you are basically financing that £5k.

I've made it round numbers for simplicity but thats the principle. The PCP figures are roughly the same as the least in this case, but with zero deposit.

edit: Thats not to say this isnt a brilliant deal - it is for this car as it saves you all the effort of negotiation. Just to prove the above - here is where they are offering the Q30 in this spec for £15,725 (click "cash price") BEFORE any negotiation.

The lease is still cheaper, but the point being that the discounts are there and thats why the lease company can offer such a deal :smiley:
dush_yant
2 Feb 17 1 #42
I've test driven it and can report that it feels rough with the manual gearbox. maybe it's because I'm coming from a much smoother petrol manual.
m5rcc
2 Feb 17 3 #41
There's nothing wrong with the engine: it's reasonably frugal despite it being based an engine that's 20 years+ old.
dush_yant
2 Feb 17 #39
Shame about the 1.5 Renault engine. Wish it had a Mercedes engine.
Also note that the infotainment unit is not Mercedes and is a bit crappy.

I have an Infiniti dealer close by and there's about 30 Q30s gathering dust in the front lot.... I don't know why Autotrader is only listing 8 though, I think they are limiting the number because they don't want to flood the market and risk bringing the price down?
dush_yant to dush_yant
2 Feb 17 #40
OK I changed the search in Autotrader and it's showing 26 New/Nearly New Q30s plus 8 used ones at that dealer's location, so they are not hiding anything. Still that's a lot of unsold stock to have at just one dealer which explains the discounted lease deals.
ezzer72
2 Feb 17 #38
Where did you buy a £22,000 car new for £147 per month with £0 deposit please - interested.
m5rcc
2 Feb 17 #37
Infiniti's, surely?
Zlatan1
2 Feb 17 #36
Does it work for Northern Ireland as well or just U.K mainland?
ezzer72
2 Feb 17 1 #35
Mrs. B, Essex
gpawan
2 Feb 17 #34
2.2 diesel is the mercedes diesel engine used in the c and e class
gpawan
2 Feb 17 #33
Coming up at £150.57 for me?
stevenprior1
2 Feb 17 #32
​infinitys also come in 2.2 diesels too
Ross81
1 Feb 17 2 #18
Arent these just a Renault Kadjar underneath?
HUX1 to Ross81
2 Feb 17 1 #20
It's a Mercedes A Class, same chassis interior, engine and key
stevenprior1 to Ross81
2 Feb 17 #31
​nope its mostly all Mercedes and daimler parts
PotatoSalad11
2 Feb 17 3 #30
I'd really recommend getting the version with the business pack which comes out at just over £5000 is my maths is correct...
https://www.nationwidevehiclecontracts.co.uk/Infiniti_q30-1-5d-se-5-door-business-pack-70491.htm

You get loads of extras with the business pack like sat nav, heated seats, automatic wipers, cruise control, auto-folding and dimming mirrors and possibly some other bits that I'm forgetting.

I've got one of these by the way, so feel free to ask if you have any questions about the car.
ben14
2 Feb 17 1 #29
Annoys me how the pictures of the car they use on these lease sites (and on this post) are of the top model i.e. the Sport model which looks much nicer than the SE which is the car you'd be getting. If that isn't false advertising, I don't know what is.
m5rcc
2 Feb 17 #28
One saves £147.04 if you opt for the 9 month initial rental option.
m5rcc
2 Feb 17 #27
So not really 68mpg but more like 50mpg as per the A-Class it's based on.
Countryfiler
2 Feb 17 3 #26
Because it's not well maintained for those 3 years and he don't ever want to risk an MOT.
And you have to keep with the jones's too of course.
skgwho
2 Feb 17 1 #25
Three month option comes out to the same albeit with a lower upfront and higher payments.
Harley Roadking
1 Feb 17 2 #17
Great deal. I've bought the wife new mini coopers since the BMW version came out but leasing, if you are a low mileage user, makes economical sense & saves having to sell before getting a new one. I held the Mini's for three years and traded in with around 19k on the clock so always got a good deal each time. However, over that three years my total expenditure was always more than most lease deals available today, so that's the way to go now. next month our latest mini is a mint condition 3 years old and has 13.5k on the clock. High spec so won't have a problem selling. Putting just over a grand down on a lease like this then just £147 / month leaves me with a big chunk to put into savings.
PointDex to Harley Roadking
1 Feb 17 1 #19
'Having to sell'..
GDB2222 to Harley Roadking
2 Feb 17 7 #24
Can I ask a daft question? I understand that some people don't want secondhand cars. But if you keep the mini you have, it won't be secondhand. It's a great car, with loads of equipment, and low mileage. The worst of its depreciation is over, and it's not going to cost a lot in servicing. So, the daft question is simply, why not keep the mini?
monkeyhanger75
2 Feb 17 #23
For that size diesel engine, Mercedes uses Renault 1.5DCI in their A-class (as do all Nissans - which this is) , so this car almost certainly will too.
montana78
2 Feb 17 #22
Any 7 seat options?
bluecityste
2 Feb 17 #21
wow these are ugly, shame as interior looks nice and decent specs.
Harley Roadking
1 Feb 17 2 #16
​Easy. EC COMBINED MPG quoted in the tech detail...
bowdiddly
1 Feb 17 1 #5
Choose 24 months
Initial Rental £884.04
Processing Fee: £198.00
24 x 147.34 = £3536
Total for 2 years £4,618
INDUSTRYHATER to bowdiddly
1 Feb 17 #6
That's it, got that price now. Shame about the initial rental bit.
hepton to bowdiddly
1 Feb 17 #15
68 mpg where you get that from?????
monkeyhanger75
1 Feb 17 1 #10
Are these the cars you can get that insanely pristine looking aqua blue paint job? It looks like a liquid metallic coating, or as if someone has anodised the whole car.
hepton to monkeyhanger75
1 Feb 17 #14
nope there not mate ...they don't do a aqua blue
kidrock123
1 Feb 17 1 #13
not a bad deal....would have jumped on it had i not bagged an A4 last month
WuckFit
1 Feb 17 1 #12
I used Nationwide for my current (first) lease, found the very good to deal with. Had a few teething problems in the beginning but all their staff were fantastic, will be using them again.
sixfingers
1 Feb 17 2 #1
Cracking deal, although Nationwides price on contract hire and leasing is much dearer. I'll be interested if the price is correct. Hot Deal Bowdiddly.
LOL_is_stupid to sixfingers
1 Feb 17 #11
I generally find they're more expensive on the monthly payments but are often the cheapest on the upfront required.
Still worked out to be £900 more over 2yrs for a BMW 120d M-Sport (compared to Tilsun).
INDUSTRYHATER
1 Feb 17 1 #9
Sort of, I'm one of those who normally just buys new and doesn't bother with or know too much about leasing.
Bilbo1968
1 Feb 17 4 #8
Looking for jam on it aren't we?
gurindersingh3184
1 Feb 17 1 #7
:smile::smile::smile::smile:
INDUSTRYHATER
1 Feb 17 #3
Where's the missing grand or so? And how do you get the payments down to £147 on personal?
sixfingers to INDUSTRYHATER
1 Feb 17 1 #4
24 or maybe 23 months with 8000 miles plus 6 months upront deposit.
KiNG
1 Feb 17 #2
looks a decent deal
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