Leasing Advice post Covid/Brexit apocalypse

conaero

conaero

Forum Owner
Messages
34,631
I’ve been leasing my dailies for the past 5 or 6 years.

The Evoque, which has been brilliant, goes back on Friday.

I was expecting another great deal but no, everything seems to have gone up substantially.

My previous Audi Q2 was £220pm plus vat and the well spec’d Evoque £280pm plus vat.

I want a Velar but we are looking double that.

Usually I just pick from what’s on special but nothing is grabbing me.

Was planning to get a £3k Alfa Giulietta then get a better deal next year when the meltdown kicks in then donate the Alfa as a courtesy car for the business.

What’s the leasing experts on here think?
 
2b1ask1

2b1ask1

Special case
Messages
20,273
Jeanette got a stunning spec Gulietta on HP, was far better deal than lease and some value in resale at the end.
 
zagatoes30

zagatoes30

Member
Messages
20,945
Mate leased a Velar end of last year and got a great deal but he was only telling me at the weekend that he was looking to lease something for hie daughter and they looked at the Evoque which was more than his Velar when he checked the Velar prices they were twice what he is paying.

Sounds like your Alfa plan might be a good way to go
 
midlifecrisis

midlifecrisis

Member
Messages
16,229
My daily is a surprisingly nippy Suzuki Swift. It's basic but has a 3-cylinder turbo petrol producing 100+bhp and Auto Android. It's good for the Surrey back roads and for 10k mileage over 3 years it's costing me £177 including VAT and Maintenance.
It's cheaper and faster than the trains and walking.
 
Wattie

Wattie

Member
Messages
8,640
Ap
zagatoes30 said:
Mate leased a Velar end of last year and got a great deal but he was only telling me at the weekend that he was looking to lease something for hie daughter and they looked at the Evoque which was more than his Velar when he checked the Velar prices they were twice what he is paying.

Sounds like your Alfa plan might be a good way to go
Click to expand...
Apologies fellas.
This is known as the “Wattie” effect. Since I bought mine the world has since realized the unique value of these vehicles.

On a serious note, I reckon the following.
Credit has tightened....as banks think many will default.
This leaves fewer customers meeting the current stipulated “lending” criteria.
So they charge them more, to make up for the lack of qualified numbers.
My advice, their will be a tipping point in this sh1t show where they are stuck with no customers and lots of cars....:wait 3-6 months as this whole thing will probably go boom, the Brexit shambles for a start and any subsequent legal court case nonsense if Bojo renages.
Then you’ll get the deal u want.
 
Wattie

Wattie

Member
Messages
8,640
conaero said:
I’ve been leasing my dailies for the past 5 or 6 years.

The Evoque, which has been brilliant, goes back on Friday.

I was expecting another great deal but no, everything seems to have gone up substantially.

My previous Audi Q2 was £220pm plus vat and the well spec’d Evoque £280pm plus vat.

I want a Velar but we are looking double that.

Usually I just pick from what’s on special but nothing is grabbing me.

Was planning to get a £3k Alfa Giulietta then get a better deal next year when the meltdown kicks in then donate the Alfa as a courtesy car for the business.

What’s the leasing experts on here think?
Click to expand...
See above
 
Doctor Houx

Doctor Houx

Member
Messages
792
Cheap Alfa Mito Cloverleaf is my daily and just purchased old Merc CL 500 luxobarge at Anglia Auctions for £2k last month for the nasty weather. Depreciation free fun cars and as I don’t do much mileage then consumption is not a factor. Leasing is just an expensive way to cover the depreciation IMO
 
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GeoffCapes

GeoffCapes

Member
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14,000
dickygrace said:
Good mate of mine came round in his brand new £100k M5 yesterday, paid £60k for it, £1k down and £599 pcm over 12 months.
Click to expand...

Off to look at BMW finance deals.....

Edit. After 2 minutes of looking. The BMW website isn't giving out anything decent.
 
Andyk

Andyk

Member
Messages
61,156
Oneball said:
Might be BMW are struggling. The inlaws got something like 30% off a new 530 touring 3 weeks ago.
Click to expand...

I think most are...Mercedes where on the news saying the same thing yesterday. It's not a surprise. Not a good time to be selling new cars I would say where as the used market is still buoyant at the moment...…..
 
GeoffCapes

GeoffCapes

Member
Messages
14,000
Andyk said:
I think most are...Mercedes where on the news saying the same thing yesterday. It's not a surprise. Not a good time to be selling new cars I would say where as the used market is still buoyant at the moment...…..
Click to expand...

The thing is though, I've seen soon many 70 plate cars in the last few days. So they must be shifting. Somehow.
 
Oneball

Oneball

Member
Messages
11,121
GeoffCapes said:
Off to look at BMW finance deals.....

Edit. After 2 minutes of looking. The BMW website isn't giving out anything decent.
Click to expand...

Reading between the lines the inlaws deal was on a car that the dealers had allocated but couldn’t sell. They’re in Deal so down your way. They just went into the dealers to look at a nearly new one and were offered the one they had.
 
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