local council staff car leasing

DUTR

SteveJW wrote: »

Been around for council workers for a long while
Used to be for essential car users, they could either get a loan to purchase a car or have a lease car over a set period of time usually three years.
Something new appears to have surfaced, basically a lease car for anyone who can meet the terms and conditions, as the cost of the loan comes out of your wages it cannot take you under the minimum wage
We had a advertisment in our wage slip this month and there are some information sessions in your own time.
If I remember correct a Mazda 6 was around £500 a month over three years, this included insurance, RFL and servicing. At the end of the term there was something like 50% of the initial price if you wanted to keep the car.
Beware leasing companies have become stricter on the return penalties

That seems expensive £18K then around £10 baloon payment for a £20k vehicle.

SteveJW

DUTR wrote: »

That seems expensive £18K then around £10 baloon payment for a £20k vehicle.

Figures could be slightly out but it did appear to work out expensive, will try and dig out the leaflet on Monday

AdrianC

thistle73 wrote: »

im only after a small run around nothing fancy;)

Probably not terribly "money-saving" to buy a brand new car, then.

DUTR

SteveJW wrote: »

Figures could be slightly out but it did appear to work out expensive, will try and dig out the leaflet on Monday

Chances are they are expensive, sometimes these colleague offers are a mug's buy. Our monthly paper comes with a disclaimer on the offers advertised.
The Vauxhall one we had removed the deposit but at the same time there was a radio advertising campaign on, and out of the two offers the radio campaigned advert deal was much more attractive.