GlesgaKiss

There seem to be good deals on the Golf R at the moment, working out at roughly £3.5k a year. You would be extremely unlikely to only lose that per year in the first two years buying with cash IMO. So where's the catch with leasing? I've never done it before.

GlesgaKiss

That was on a comparison site. Phoned an Arnold Clark Volkswagen and they don't think that price really exists. Their quote was much higher.

ditchmyster

iTrader: (7)

Milage and the condition of the car when you hand it back is the catch as I see it, and what would you lose over 30/40k miles and 3yrs? probably at the very least £10/12k.

john banks

Lots of threads on pistonheads. A lot of deals fell through as they were private dressed up as business, but people are still doing leases at good prices apparently.

RS Grant

Looking into this myself just now, deals seem very good and according to a c194-page thread on Pistonheads you should be able to find a dealership to match these cheap Personal Contract Hire quotes being thrown around online.

It's been 24-hours and counting since I sent the email to Dundee dealership... will give them a wee call tomorrow and see if there is anything they can do to price match. If not then I'll look at a few dealers further afield.


Cheers,
Grant

madisonmonkey

iTrader: (4)

I have one on lease.
5 door DSG. Standard other than metallic paint.
10k per annum for two years fully maintained.
Total is about £8500, which I think you'd lose in depreciation.
VW couldn't get near that price and I'm not sure if the deals are as good now. My order went in pre-release.
It's a great car, no idea why anyone would buy a new Subaru when there's stuff like this around.

Luckyscoob

iTrader: (2)

Just ordered one for work. The cheapest was £199 over 2 years with 6 months up front. But, it had to be Red and a manual. Went for a metallic and DSG which came out at £243 a month over the same 2 year period. A lot of car for the money bearing in mind I'm paying more than that for my current 2012 2.0 TDI.

Godspeed Brakes

iTrader: (259)

where did you get that deal from ?

^Qwerty^

Not the Golf, but I thought that about 70miles in to new Scooby ownership when I got a Bug Eye through work. I was stuck with it for 3 years

Skoobie Dhu

iTrader: (3)

Think this deal has expired now, but shows what's possible.

http://www.hotukdeals.com/deals/golf...ge=28#comments

ditchmyster

iTrader: (7)

I still think it's a lot of money to end up with nothing after 2yrs, Had my WRX Wagon for 3yrs and 20k now and it's still worth what I paid for it, only cost me tyres and oil changes in that time, if I had a lease car for the same period I'd be £10k lighter with nothing but memories.

joe v3sti

iTrader: (8)

I know a guy who knows a guy who knows that currently there is some sort of manufacturing issue. Which in turn is causing a delay on people getting their cars.

Matteeboy

I've heard of quite a few lease deals being mysteriously cancelled.

A great car though but still prefer my M135i ;-)

zip106

Half the lease deals advertised don't actually exist.

Bunch of shysters and crooks.

pacenote

Bit like banks advertising 4.9% apr loans, but when you apply don't exist either

Luckyscoob

iTrader: (2)

Had it quoted at exactly the same through 3 different companies as its a deal that vw are running on campaign. Ash vehicle contracts, OSV, And crusader vehicles all quoted £243. I think since we ordered vw have had a 1% price increase but only a few quid. Still cheap. Be interesting to see if it's cancelled then! It's not for me to drive so hey ho if it is.

Vtec-Abuser

I am assuming this was a used car which you managed to get a mental deal on? Which isn't like for like IMO.

There's no way on earth you could buy a brand new WRX, have it 3 years and 20k and lose no money..

Saxo Boy

<terry benedict>You know a guy...</terry benedict>

ditchmyster

iTrader: (7)

Yes you are correct it's a used car, the point I was making is as I said it's a lot of money to end up with nothing, well £10k is a lot of money to me and I'd rather have it in my pocket as opposed to a dealers or lease company.

My car has been totally reliable and has to drive me back and forth between the UK and Croatia a few times a year which is a little over 1200 miles each way and I do it in one hit about 20hrs with a couple of power naps. OK it's no Golf R but it does everything a Golf R can do, I recently wasted a new Golf GTI on the drag strip as well as doing the Ring and entering local sprints out here in Croatia, got another one coming up next week, as they say out here "cha mi fali" ? (what am I missing)

Luckyscoob

iTrader: (2)

From experience for a brand new car whether you lease or buy, after three years you'll be in the same position. The cost of the lease equals the depreciation generally. The only downside of leasing is you are stuck with the car for the term unless you buy yourself out which is generally half the remaining payments.

I like the idea of leasing as for me it's more tax efficient for work and it means I can change the car every 2 years.

RS Grant

I'd be surprised if the Golf doesn't depreciate more than the c7k it's costing me to lease over two years, plus there is far more peace of mind driving this hard than there would be in a 7k Scoob... and since I'm planning a trip through the alps next summer, I'd like to have as much confidence as possible in the car I take.


Cheers,
Grant

Matteeboy

I drove a Summer tyred Saxo VTR from the Alps to home. It was stuck in ice and had to be shoved out (at 5.30am) by me. When it finally got grip, I fell over onto my face. We then did the 21 hairpins of Alpe d'Huez with no issues and didn't die.

My Dad drove his Shogun to the Alps, got a flat, sliced himself to ribbons trying to change the tyre (the wheel was seized) and made my sisters cry a lot but smacking the car repeatedly.

4x4 isn't always all dat.

RS Grant

I'm sure that a fresh Saxo VTR on those roads would have been fantastic. I'm going on my trip in July, so it *should* be snow-free.

Buying the R wasn't a 4x4 vs FWD/RWD decision, it was made on the basis that these days I really don't like and struggle to justify spending money fixing old cars which can't take the stress of being my 'fun' car and all that entails... I have less spare time for car-related fun these days so when that moment does arrive, I don't want it spoilt by discovering a slipping clutch/seeing smoke/hearing a new rattle or noise, etc.


Cheers,
Grant

Matteeboy

I don't think a 2wd car would break more than an AWD one though!

The "mountain" roads in the Black Forest in Germany + the M135i = much fun!

ditchmyster

iTrader: (7)

Please forgive me for pointing out a slight hole in your logic there. £7k buys a forged engine, turbo, gearbox rebuild, new clutch and mapping in my world, in yours it disappears into nothing.

P.S; VW aren't exactly known for their reliability these days either.

But hey whatever floats your boat, each to their own etc,

Matteeboy

I have to admit, I don't "get" leasing (or PCP) either. But it seems to make a lot of people happy so it can't all be bad.

VW - our camper has now had North of £15k of warranty work done to it. It's there years old with 22k on the clock. We've managed to get the warrant extended (a proper one not a stupid insurance one) for another year luckily...! Definitely not made as well as they used to be.

RS Grant

I don't know where you think I said a 2WD car will break more than a 4WD car, but that wasn't my intention. My point was, that driving a brand new car hard *should* give less hassle and cause less worry than driving an 8-10 year old car hard after its clocked up c60-70k miles with previous unknown owners... it's the hassle and cost which I can't be arsed with.

If a new car breaks, I get a courtesy car and VW fix it for free within in a reasonable timeframe. I drive to dealership, drop off courtesy car, collect my car and leave.

If an older car breaks, I get no courtesy car and I have to arrange recovery to the specialist I use. They eventually get round to stripping it down and telling me what is wrong. I have to make time to research which replacement parts are best for it, then find out where is cheapest to buy them, pay for it and have them shipped to specialist. They fit them to the car, I arrange a lift to get through to specialist, collect car, pay their bill and drive off hoping that nothing else breaks... no thanks.

Have you driven the Black Forest in your M135i then?? I'm in two minds whether to drive it or stick to the AB from Stuttgart and get down to the alps as soon as possible.


That's true, in your world 7k would buy all those lovely things. I'm sure they'd look fabulous sitting on my garage floor, because there's one large issue with that plan in my world; I don't own a base car. So if I wanted to fit them to a Scoob then I'd need at least another 8k to buy a base car (that I'd be happy with) to use all that potential, meaning we're up to 15k... before adding the costs of someone stripping down my standard parts, fitting the new parts along with new brakes/suspension/misc parts need fitted to cope with all that extra power. That's before you look at the image, potential corrosion issues, etc...

It just doesn't make sense for me to pour all that cash into a car anymore, most of which I'd never see again come resale time... you could say almost 'it disappears into nothing' actually.


It sounds like you have bought a Friday afternoon car Mattee, I've seen your tale of woe on here a few times. It's a shame because they are impressive old buses when they are running right.

Regarding reliability, I've always placed a certain amount of faith in the JD Power survey rather than solely internet forum topics or 'my mate's brother's wife's aunt' type stories of issues.

http://www.whatcar.com/awards/jdpower/2014/home

...and it seems VW and the Golf seem to do alright in the 2014 survey. But reliability is always going to be a bit of a mixed bag. I could name a few people who have had Renault/Peugeot/Citroen cars and swear by them, on the other hand, I could name a couple of people who have owned Honda cars and won't touch them again.


Cheers,
Grant

Matteeboy

All fairly common issues with mine.

We had a load of VW cars while it was in for two months so got a good feel for the current range; all perfectly competent, decent looking and with some useful tech but just a little bit bland.

I've had stacks of VWs; they simply aren't as well made as they once were.

ditchmyster

iTrader: (7)

Fair point but I always make sure I have RAC with a courtesy car which gets me out of any immediate transport issues, I then have 3 other vehicles to chose from.




The point I was making about engine etc, is the £7k you lose for that convenience factor pays for an awful lot of repairs, £7k that you will also not see again come end of lease time.

Your money though mate so spend it how you like.

Gear Head

iTrader: (2)

It is a cheap way of getting a new car on your drive. That's it.
Personally, I'd always buy a nearly new car which has taken a big hit on depreciation.

My wife had her old 06 107 for 5 years. Bought it when it was nearly 2 years old, funded by a personal loan. Think it cost £5k at the time.
3 months ago, she decided that she wanted a newer version, but not the ugly 108. So we picked up a 10 month old 107, 5 door, aircon, every conceivable option for £6k and that was from a main dealer.

She put it on my credit card as I had 0% on purchases for 2 years, sold her old car for £2600 and paid that straight of the card.

So, to sum up, she has a 1 year old top spec 107 for just £3400 at 0% finance.

Why the hell would she want to lease?