Brand New or Lease car?

Hi all,

I am long term lurker!

I asked this on an Irish forum, but since you lads are enthusiasts I would really appreciate your input. These are euro figures btw

I am changing my car and have got an got a very good price on a new VRS 2.0 TDI. The price is 27900.

I then spoke to another garage and they have a demo coming in and it will be 3 months old when it arrives, still on 131 plate and will have circa 15k km on it. It will get a full service and any issues with tires and they will replace them, valet it and I will get the remaining 33 month warranty.

They were given me the car at 24950 euro.

The repayments over 4 yrs were 369 which are well within my budget.

Anyway I got a call from the other garage to say that the new car, from this week, was qualifying for 0% interest, but it had to be over a 3 year period.

The cost though per month is 525 quid, which is a fair amount of a difference.

What this means now is that the difference between the new car and the 3 month car is down to 1100 euro.

SO, what would you lads do, is the fact its a 3 month old car on a 131 plate really only a small factor?

Over the full term including interest I am looking at 1100 euro saving between new and 3 month old, is still 1100 euro and it would pay the road tax for the 4 years.

525 compared to 369 is a nice chunk per month. I can still "afford" it, BUT 160 quid a month is still a nice few quid.

So I would appreciate all points of view.

People have said to me that its the old model and engine, that I would be off my head buying one.

The spanking new VRS is rumoured to be 32000 euro.

Someone suggested I go for the Octavia 3 160bhp, that is a better engine and a new shape and that I could add in the bells and whistles, as the Irish spec is poor enough.

Many thanks

Aidan

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