Car leasing worth it or a waste of time

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Comments

  • tillycat123
    tillycat123 Posts: 975 Forumite
    Part of the Furniture 500 Posts
    My OH had a merc on a 3 year lease. It had done 60K which was what it was taken out over. They went over the car with a magnifying glass, it was ridiculous. The bill was 3K for repairs, the car had been really well looked after. BMW on the other hand, no issues at all.
  • G_Shapland wrote: »
    Leasing costs are no longer as cheap as they used to be for a few reasons. Since the recession of 2009 car manufacturers have decreased production meaning now there is less or even no surplus of cars, so there is not the need to heavily discount certain models at certain times of the year for Registration figures. Money is not as cheap to borrow either with finance companies, and at the end of the day they need to know when they come to re-sell the car you have been driving around in, that they are going to break even and not lose money. The only way of doing that is to charge more, and over a longer period in the attempt the market will be stronger when they come to re-sell your car.

    Having said that, Target Car Leasing have some amazing deals on Mercedes Benz Personal car leasing & Business Contract Hire. They lease everything under the sun so its worth having a look at their website or giving them a call on 01903 368664


    I definitely wouldn't use target, the price was stupidly high and the sales staff wouldn't leave me alone even after I told them I'd already bought from another company.
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