When the time comes, those who have secured really good deals on new Superb's could post the deal here and where they got the deal, by a good deal I mean a 22k list that's been had for 17k, and it does happen, a mate had a 1.9 TDi auto Elegance with solar for 17.5k 3 yrs ago from a Skoda dealer.

Likewise with leasing/contract hire. I think that this model is going to be popular with business users seeing sense and looking beyond the default choices

I'm hoping to have my contract hire quotes today. Will post them as soon as I get them.

I have to say that I'm not too optimistic as this point. We've just started getting prices on the Passat CC, and they are very expensive compared to the standard Passat of similar list price. This could be because there are virtually no discounts on the CC, but I'll just have to wait and see.

Bagpuss.

Edited 4 August, 200817 yr by Bagpuss

Likewise with leasing/contract hire. I think that this model is going to be popular with business users seeing sense and looking beyond the default choices

The 1.9TDI S starts at 199p/m which I thought was pretty good.

I do agree that the Superb will be a good choice for a lot of business users and I imagine there will be a lot of them sold to business rather than retail.

If company accountant's do their job properly this car will be the new repper out on the motorway, big load lugger, economical, comfortable and the same price as the competition whose product is in the class below, Superb is never a Mondeo class car, so you can either have a Mondeo which is a medium class car, or a Superb which is a budget exec.

The 1.9TDI S starts at 199p/m which I thought was pretty good.

Is that 3 years? And if so is it 3 + 33 or 3 + 36?

How many miles per year?

Excess mileage rate?

Maintenance included?

Courtesy car included?

Tyres included?

Etc etc

Although its a useful idea to post lease cost figures, it becomes meaningless if the basis of them isn't specified

Sorry Andy, not sure if I am allowed to answer that on here. Been having problems with the moderators not happy with me postings contract hire rates seeing as it is a form of advertising.

But.

3+36 @ 10k p.a

Not including Service/maintainance but I'm sure you could get one for £199p/m inc maintanance.

Free courtesy car for servicing is the dealerships discretion

Tyres can be included albeit rather expensively.

I can find out for you exactly how much it would work out at for you at your annual mileage, service, tyres, etc. But you'd probably need to PM me as moderators wouldn't be too happy.

Is that 3 years? And if so is it 3 + 33 or 3 + 36?

How many miles per year?

Excess mileage rate?

Maintenance included?

Courtesy car included?

Tyres included?

Etc etc

Although its a useful idea to post lease cost figures, it becomes meaningless if the basis of them isn't specified

Maintenance usually includes tyres (does on my current deal). Also i suppose it depends on when you plan to order as quotes in the next couple of months bound to be more expensive than 6 months down the line?

Skoda break down there maintanance options into

- service

- service and maintanance

- service, maintanance and tyres.

Just got my contract hire quotes back:

Superb 2.0 TDI 170 Elegance (Manual) - £501.42 / month

Superb 2.0 TDI 170 Elegance (DSG) - £521.15 / month

These quotes include:

Accident Management Fee

Contract Hire

European Breakdown Cover

Maintenance, servicing and tyres

Road Tax

All quotes are based on 80,000 miles / 4 years and all figures are exclusive of VAT.

Personally, I think this is really expensive, so am challenging it with the lease company. If anyone out there has any comparable quotes, I'd love to hear from you.

As it stands, I definitely won't be going for it.

Bagpuss.

Just got my contract hire quotes back:

Superb 2.0 TDI 170 Elegance (Manual) - £501.42 / month

Superb 2.0 TDI 170 Elegance (DSG) - £521.15 / month

These quotes include:

Accident Management Fee

Contract Hire

European Breakdown Cover

Maintenance, servicing and tyres

Road Tax

All quotes are based on 80,000 miles / 4 years and all figures are exclusive of VAT.

Personally, I think this is really expensive, so am challenging it with the lease company. If anyone out there has any comparable quotes, I'd love to hear from you.

As it stands, I definitely won't be going for it.

Bagpuss.

Whoa! :eek:

I'd love to know how that £500 breaks down - are tyres, maint, accident man fee that much?

I presume they are straight hire rates with no up front fees?

I'd love to know how that £500 breaks down - are tyres, maint, accident man fee that much?

I presume they are straight hire rates with no up front fees?

I'd love to know as well, which is why I've asked.

As you say, this is straight hire, with nothing up front.

Is that 80k p/a or 80k over the 48 month term?

Is that 80k p/a or 80k over the 48 month term?

That's 80K over the 48 month lease, or 20K pa.

Got some more quotes to share:

Skoda Finance - 2.0TDI 170 Elegance DSG - £362 p/m

This doesn't include maintenance/tyres, but is over 4 yrs, 20K pa

Lex have also quoted, but with maintenance, tyres, road tax, full european breakdown and accident management. Same duration and mileage.

2.0TDI 170 Elegance Manual - £397.39

2.0TDI 170 Elegance DSG - £419.66

All quotes are excl. VAT.

These look much better, and were in line with what I was expecting.

Bagpuss.

Is that just a rental for £397(+VAT) per month, and hand the car back having paid £22k into it?

Is that just a rental for £397(+VAT) per month, and hand the car back having paid £22k into it?

Yes. It would make more sense to me if you where thinking of opting out of the company car scheme if you explored the PCP option, or even a 60 month HP agreement and just settle it early after 48 months. That way you will still have an asset or at least part of an asset.

Got some more quotes to share:

Skoda Finance - 2.0TDI 170 Elegance DSG - £362 p/m

This doesn't include maintenance/tyres, but is over 4 yrs, 20K pa

I'm confused :confused: why would anyone pay out nearly £20.k over 4 years on a car that is to go on sale for £23,685 (before any possible discount).

After 4 years you will have nothing to show for it and the car is likely to go on a forecourt for £10k+ ??

Yes. It would make more sense to me if you where thinking of opting out of the company car scheme if you explored the PCP option, or even a 60 month HP agreement and just settle it early after 48 months. That way you will still have an asset or at least part of an asset.

Not actually in a company scheme, other than getting 40p a mile on business miles on my octy. Works out best for me, although I'd have something other than a skoda if someone was paying the maintenance. I chose skoda as it's reliable, cheap to insure and a service. If I was in a company scheme these would be less important.

Can't see me ever being able to justify a new car unless I find something I'd be happy with for 5 years (rather than my current avg of 2 years).

Cheers anyway

I'm confused :confused: why would anyone pay out nearly £20.k over 4 years on a car that is to go on sale for £23,685 (before any possible discount).

After 4 years you will have nothing to show for it and the car is likely to go on a forecourt for £10k+ ??

Look at it this way, Gizmo:

If you bought the £23685 car on HP over 4 years without deposit you'd be paying about £590 per month. This way you pay about £230 per month less. Which over 48 months equates to about £11000.

I know there's discounts and VAT and stuff that will screw this comparison slightly but it makes more sense to look at it this way rather than trying to compare a lump of cash to a contract hire rental.

Is that just a rental for £397(+VAT) per month, and hand the car back having paid £22k into it?

Yep. That's exactly right.

I'm currently investigating my options with regards to opting out, or staying in the company scheme. I've long thought that we were getting a raw deal from our current leasing company, but this has become really obvious with the quotes on the Superb. Basically, we have no choice but to use this leasing company, and I'm certain they jack up the rates as a result.

I posted the Lex quotes just as a comparison. If I did opt out, I would never go for a deal that left me without any asset at the end.

At the moment, I've got to weigh up the decreased monthly lease/PCP/whatever payment versus the company benefit of private fuel. At the moment, it's very close, but if fuel goes up much more I might still be better in the company scheme.

Bagpuss.

Basically both your maths has proved why it's done. Why have cash equity in a vehicle rather than being put to use elsewhere in the business, so one of you think the car would be worth £10k after 4 years, and the other option saves you £10 over 4 years.

For the private buyer somehow this changes things, although PCP is becoming more popular, but as residuals drop the lease costs increase, since you are effectively being charged the depn plus a profit element, whereas on HP you plan to pay the entire value of the vehicle over the lease term so you can walkaway with it.

Either way, I can't see the point in doing this on new vehicles, once it's rolled out the forecourt it'll lose about a pound a mile for the first 3,000 miles

In terms of a company scheme the employee then gets hit by tax on top of the vehicle

It won't be worth 10k at 4 yrs old with 80k on it, more like 5999 tbh, but I ran the figures and 23k over 4 yrs is 560 ish with a tap of 26.5k.

Sensible option is to wait a yr, or maybe not with Skoda, myself I would march in and say I have 17k to spend, I want can you do?

It's the same old story if you are a private buyer and you don't work for a company footing the bill - it's best to buy a second hand car and let someone else suffer the worst of the depreciation if money is an issue.

I got my superb 1 year old with 3000 miles on benefiting from 1/3rd of the list price wiped out.

Basically the older you buy it the less depreciation you will suffer, but then this has to weighed up with maybe extra running costs.

However, depreciation will still be the biggest cost on a new car and would still be more than having to swap engines and gearboxes on a £1000 battle bus.