PCP isn't MSE

BOWFER

Grumpy_chap said:

BOWFER said:

Yup. their offers can be silly - but did you haggle?

Well, no.  If I think a car is worth <£10k and they ask for >£15k we are so far apart that entering into conversation seems pointless.  I went to a Ford Dealer and bought a better and newer car for £14k.

What lease companies ask for their cars can vary wildly, I've some offers that make me laugh out loud and some that have made me bite their hand off.
Selling you the car does offer them advantages, in that they're not having to pay for anyone to come and get it for starters.
And, of course, the advantage to you is you know the history of the vehicle, which is a huge attraction.

motorguy

BOWFER said:

Grumpy_chap said:

BOWFER said:

Yup. their offers can be silly - but did you haggle?

Well, no.  If I think a car is worth <£10k and they ask for >£15k we are so far apart that entering into conversation seems pointless.  I went to a Ford Dealer and bought a better and newer car for £14k.

What lease companies ask for their cars can vary wildly, I've some offers that make me laugh out loud and some that have made me bite their hand off.
Selling you the car does offer them advantages, in that they're not having to pay for anyone to come and get it for starters.
And, of course, the advantage to you is you know the history of the vehicle, which is a huge attraction.

And that brings us to two caveats then :-

• They are not contractually obliged to allow you to buy the car.
• Even if they do say they will, you may not be able to agree a palatable price.

I would definitely only ever go in to a lease deal on the basis that i was handing the car back at the end of the term (as per my contractual obligations) and that if i could buy the car at the end of the term that would be a potential bonus, but not a right.

BOWFER

motorguy said:

And that brings us to two caveats then :-

• They are not contractually obliged to allow you to buy the car.
• Even if they do say they will, you may not be able to agree a palatable price.

nope, but chances are they will.
nope, but you might.
What's your point here?
FWIW I agree with your fundamental point that if you have reason to suspect you might keep the car, PCP is better than lease.
But if you find yourself falling in love with a lease car, all is not lost and it's not going to torn away from you as you lie weeping on the pavement.

motorguy

BOWFER said:

motorguy said:

And that brings us to two caveats then :-

• They are not contractually obliged to allow you to buy the car.
• Even if they do say they will, you may not be able to agree a palatable price.

nope, but chances are they will.
nope, but you might.
What's your point here?
FWIW I agree with your fundamental point that if you have reason to suspect you might keep the car, PCP is better than lease.
But if you find yourself falling in love with a lease car, all is not lost and it's not going to torn away from you as you lie weeping on the pavement.

Agreed.

Therefore its worth pitching it as such rather than "you will always be able to buy your lease car" - which was your original statement.

But yes, happy we're in agreement now.