We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Leasing car for the first time, Is our calculation correct?

2

Comments

  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    The guy is leasing the car for 2 years only. So it will be under warranty and as long as he follows the servicing schedule then any future issues will not be his concern.

    OP check out PCP deals and and taking out a loan. So the sums.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Hintza wrote: »
    The guy is leasing the car for 2 years only. So it will be under warranty and as long as he follows the servicing schedule then any future issues will not be his concern.
    With that sort of usage, DPF issues are unlikely to be "future".
  • zappahey
    zappahey Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    crvs wrote: »
    Petrol would cost me £240 per month for 3 year for leasing( i prefer 2 year over 3 year as this is the first time i am leasing).

    That sounds like you're planning to do a lot more than 5000 miles per year, which will get expensive in mileage charges.
    What goes around - comes around
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    zappahey wrote: »
    That sounds like you're planning to do a lot more than 5000 miles per year, which will get expensive in mileage charges.
    I think they meant a petrol car would cost them £240/mo, not that they spend £240/mo on fuel.
  • A diesel Leon being called a 'sports car'?

    Anyway last month for less than a thousand more over the term there was some Golf R deals about. Well worth it for low mileage fun for a couple of years.
  • Strider590
    Strider590 Posts: 11,874 Forumite
    edited 17 September 2014 at 11:01AM
    crvs wrote: »
    We've been using old banger's for quite some time now and mostly ended up with huge MOT costs and used uneconomical mpg's.

    But I bet they weren't costing £224 a month..... ;)

    If you simply want a new car, then just say "f**k it, I want a car" instead of making excuses ;)

    I agree with the comments about diesel, very bad idea for that mileage.

    Who the hell is trying to say a Leon is a "sports car"? :rotfl:
    (I missed that bit and CBA to go searching)

    I just feel it's a bit dangerous to let people think they're driving some high performance machine, when they're actually just driving a shopping trolley.... Causes them to drive beyond their ability and leads to much embarrassment at the good old traffic light grand prix.
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

    <><><><><><><><><<><><><><><><><><><><><><> Don't forget to like and subscribe \/ \/ \/
  • To me, on face value £6k seems fair to rent a new car for 2 years and I was flush for cash I might do it

    Bit like buying a new £20k car and then selling it after 2 years for £14k, this would also cost £6k over 2 years.

    However, £20k can get you a VERY nice used car & so I would personally lean this way if I had that sort of money to spend.

    If I didn't have that sort of cash tucked away I would probably look to spend less than £6k renting or depreciating a car and would buy used. Not a banger, but maybe something costing £6k which in 2 years I could either keep or sell on for £4k

    Just my view, may be completely different to others but I guess that's why we come here

    Happy motoring with whatever you decide
  • Hintza wrote: »
    The guy is leasing the car for 2 years only. So it will be under warranty and as long as he follows the servicing schedule then any future issues will not be his concern.

    OP check out PCP deals and and taking out a loan. So the sums.

    In my experience and as has been the subject of a few threads on here, manufacturers won't cover DPF problems caused by lack of use under warranty as they're essentially self-inflicted, and they're the issue here for the OP's use.

    However, I suspect the OP will go ahead and do what they like, as they've been told plenty of times in their other threads not to buy a diesel but they still seem hell-bent on it.
  • Strider590
    Strider590 Posts: 11,874 Forumite
    In my experience and as has been the subject of a few threads on here, manufacturers won't cover DPF problems caused by lack of use under warranty as they're essentially self-inflicted, and they're the issue here for the OP's use.

    I think it's criminal how they don't tell customers about this when they go into the showroom.... In fact they actually lie about it JUST to sell a car. Telling the customer what they think they want to hear.
    However, I suspect the OP will go ahead and do what they like, as they've been told plenty of times in their other threads not to buy a diesel but they still seem hell-bent on it.

    Perhaps the salesman has been telling OP what they think they want to hear.

    It's weird, because salesmen often haven't a clue about cars, yet people automatically assume they're experts. It's that "gift of the gab" thing again, the louder and more often one speaks, the more intelligent and trustworthy one seems.
    “I may not agree with you, but I will defend to the death your right to make an a** of yourself.”

    <><><><><><><><><<><><><><><><><><><><><><> Don't forget to like and subscribe \/ \/ \/
  • Strider590 wrote: »
    more often one speaks, the more intelligent and trustworthy one seems.

    Except when the words are 'E92 M3, E92 M3, E92 M3' in my experience.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.