hodgy0_2

Ditch

I can only repeat my post #70

leasing is either an easy way of buying something new that you cannot afford to buy outright

or a financial mechanism that allows you to allocate your financial resources to the most beneficial effect - i.e. you have the money but can work the figures, usually through tax efficiency to make it better financial sense

it is that simple, I always have better uses for money than to poor them into depreciating assets

ditchmyster

iTrader: (7)

I agree, and to that end I shall be heading back to the dealer today to see what figures they come up with against my Blob as the £200 figure was against the Rover at scrap value of £175

I shall then take the Rover to Croatia for some more Ferrari bashing.

Slight twist being i'll go for a 1 year old car @ circa 25% less cost but still with the remainder of the warranty and also look at the 1.5 tdci that does 85mpg combined or one of the eco boost jobbies at 65mpg.

I do less miles than she does so we should end up not only cost neutral but saving on our monthly out goings, with both our joint fuel bills for the month being reduced by as much as 50%. I just need to get some exact figures to do the maths over a 2yr deal, there may even be scope to buy as opposed to leasing and so keep some of the asset value after 2yrs.

scoobyskool

iTrader: (1)

ditch don't overlook the citroen ds3 - cracking car and defo some cracking deals being had on them

imprezaworks

iTrader: (9)

Awful car imo

scoobyskool

iTrader: (1)

lol well ,, ive been testing a dsport+ diesel hdi for 18 months now and its been faultless ,, handles like its stuck to the road and returned about 55mpg overall with the accelerator fairly well stuck to the carpet and in the real world it has useful torque so its so far from awful words cant describe - 550 miles to a tank easy and can do 6hour either way trips in a day without refuelling and arrive home relaxed and comfy and looking forward to the next long drive.

looks might not be everyones taste but get a top spec hd1 one like mine with full leather,6 speed and all the toys and its an amazing package

ditchmyster

iTrader: (7)

Right you lot, I can't find these deals your talking about so need some links to where exactly they are being offered please.

Best I can get so far is a 1yr old pug 208 for £158, and I don't fancy it much tbh as it's a 1.4 petrol and not a great deal better on fuel than the Rover, so it's a bit of a non starter.

Went to the Ford dealership and got offered £1800 for my blob but still the numbers don't add up @ £204 pm for a fiesta, i'd sooner have the st for that money.

imprezaworks

iTrader: (9)

The only deal ive really looked at is the Fiesta st-2 one. £1179 ish down and then £192p/m which includes the style pack.

ditchmyster

iTrader: (7)

Yes but who is that with?

imprezaworks

iTrader: (9)

G2L

imprezaworks

iTrader: (9)

http://www.gateway2lease.com/z_ford_...p#.U7anqkCqTwA

hodgy0_2

just been on that site

I can get a M135i for £267 a month

that does not even touch the sides of my monthly car allowance - lol

imprezaworks

iTrader: (9)

Chap on cliosport has got the 135 and likes it. Cheap motoring imo

Matteeboy

So have I and so do I ;-)
Except I bought mine properly.

Something is missing here; the ST may "just" be a Fiesta but it's had nothing but praise for it's superb handling and zippy engine. I'd be pretty happy with one if funds got a bit tight.

hodgy0_2

I bet it is a cracking car to be fair

but ultimately - just a car

Matteeboy

And your string of London mansions (hee hee) are just houses ;-)

hodgy0_2

this is true Mattee - although I am in my house longer than my car (hopefully)

anyway what the fvck do I know about cars - I drive a silver Audi TDI FFS

but today I have driven my Caterham7 (Kit car) to work, and am just about to remove the hood and spank it home

Matteeboy

Is the FFS a new model? Petrol or diesel? ;-)

A silver A6 3.0 BiTdi Allroad fits your description. £70k!!

ditchmyster

iTrader: (7)

Well these deals seem ok if your going to do low miles, as in 5/8k but as soon as you want 5 doors and a measly 12k miles the price starts to climb. So looks like the reality is way different to the fantasy, god forbid if the mrs did 20k in a diesel fiesta in a year I think they'd have a heart attack, and so would we with the extra charges if we decided just to hand back the keys.

So it would seem that one may well do the math and it sounds good, even makes very good financial sense on paper, but there in lies the problem, it's only on paper.

I'll be fcuked if i'd pay £11/13k for a fiesta then stick 60k on it over 3yrs and watch the value of it fall through the floor like a stone.

So bangernomics wins.

Shame really as I was quite excited about it for a day.

Edit to add; and it's over 3 years so the sums get really screwed.

imprezaworks

iTrader: (9)

But works if you do lowish miles. If I was doing big miles I'd just get something diesel, half decent and on a good finance rate. Like you say if you go drastically over the mileage the price goes up a fair bit.

ditchmyster

iTrader: (7)

Yeah and my edit to add 3yrs not 2yrs absolutely kills it for me, the finance rate almost doubles from 7.2 to 12+ as well.