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Help Fiat 500 on hp or lease

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  • Mercdriver
    Mercdriver Posts: 3,898 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    I think lease is better option then buying a car.

    Care to elaborate why?
  • Rain_Shadow
    Rain_Shadow Posts: 1,798 Forumite
    I just checked autotrader. It currently has 273 Fiat 500s listed at between £3000 and £4000. I'd buy one of those.


    Actually I wouldn't buy a Fiat 500 but YKWIM.
    You can pick your friends and you can pick your nose but you can't pick your friend's nose.
  • pulliptears
    pulliptears Posts: 14,583 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    500's seem to hold their value reasonably well as they are a wanted first car. I bought mine from a dealer when it was 2 years old, 12 months later I was back at the dealer browsing for DS (who wanted a Punto Evo not a 500) and they offered to buy back the 500 for £300 less than I'd paid for it as they had buyers waiting for 500's in that price range.

    Leasing can work but depends on what you're going to use the car for and mileage etc. DH is about to lease a new car and worked out a deal at £229 a month fully maintained with 18k a year. When he worked out how much our current car had cost us in comparison leasing worked for him. Sadly his job meant he couldn't go down a bangernomics route.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I think lease is better option then buying a car.

    I think buying it is better than leasing it.
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