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Lease or buy a near new car.

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Comments

  • alleycat`
    alleycat` Posts: 1,901 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Couldn't ind anything under the £120 on lings (as an example).
    However that is based on a lease of 3 years and to be honest i've never seen a lease longer than 4 years(?).

    Weirdly in some instances it is cheaper to get a new car than a 12 month old vehicle, which i can't wrap my head around.
  • geek1981
    geek1981 Posts: 184 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I prefer leasing than buying a nearly new car. First of all nearly-new cars won't give you manufacturers warranty most of the time. Also good thing with PCP is you can drive a car 2-3 years and if you don't like it you can just hand it back. I owned and lost around 6k on my BMW in 3 years time + i spent around 1.5k maintenance! Leasing will be way to go for me!
  • HappySad
    HappySad Posts: 2,033 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    wba31 wrote: »
    What have you bought?

    I got a ford fiesta under a year old 4 £8500 with 3 year warranty.
    “…the ‘insatiability doctrine – we spend money we don’t have, on things we don’t need, to make impressions that don’t last, on people we don’t care about.” Professor Tim Jackson

    “The best things in life is not things"
  • HappySad
    HappySad Posts: 2,033 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    geek1981 wrote: »
    I prefer leasing than buying a nearly new car. First of all nearly-new cars won't give you manufacturers warranty most of the time. Also good thing with PCP is you can drive a car 2-3 years and if you don't like it you can just hand it back. I owned and lost around 6k on my BMW in 3 years time + i spent around 1.5k maintenance! Leasing will be way to go for me!

    How much do you pay 4 your lease? What company? Could you post the company web link?
    “…the ‘insatiability doctrine – we spend money we don’t have, on things we don’t need, to make impressions that don’t last, on people we don’t care about.” Professor Tim Jackson

    “The best things in life is not things"
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