https://specials.21stcenturymotors.co.uk/VRS

 

 

Seems pretty good.  Not heard of that lease company before..  

 

I've used Nationwide in the past; as a comparison: 

https://www.nationwidevehiclecontracts.co.uk/car-leasing/skoda/octavia/octavia/2-0-tsi-245-vrs-dsg-black-pack

 

 

 

8 minutes ago, penguin17 said:

Seems pretty good.  Not heard of that lease company before..  

 

I've used Nationwide in the past; as a comparison: 

https://www.nationwidevehiclecontracts.co.uk/car-leasing/skoda/octavia/octavia/2-0-tsi-245-vrs-dsg-black-pack

 

 

 

I guess because they are stock vehicles from port and no options to be chosen, 4 week delivery

4yr term as well, which won't suite everyone. Plus a reasonably high 'arrangement' fee at £300.

 

Also an unknown broker for me. But you may get another to price match, I'd they can access to the same stock allocation.

2 year deal is £334 pm with £1003 upfront plus the £300 fee making it approx £375 a month flat.

To me, £9000 for 2 years rental of a car seems steep. That's 30% or more of RRP isn't it? 

 

Surely PCP via carwow or broadspeed would be cheaper? Granted you'd have to wait for an actual order.

 

Broadspeed seem to be offering a manual hatchback at £23,000 or so. To come out of that sort of deal better than purchasing, you would need to be expecting a 2 year old vRS to be worth £14,000 or less. 

6 minutes ago, Kenai said:

To me, £9000 for 2 years rental of a car seems steep. That's 30% or more of RRP isn't it? 

 

Surely PCP via carwow or broadspeed would be cheaper? Granted you'd have to wait for an actual order.

 

Broadspeed seem to be offering a manual hatchback at £23,000 or so. To come out of that sort of deal better than purchasing, you would need to be expecting a 2 year old vRS to be worth £14,000 or less. 

this is for an estate DSG 245, so just over £30k metallic paint and sparewheel included

 

DTD are offering estate DSG 245 for £23,5K

 

don't you pay for the whole car on PCP and only for the depreciation on PCH?

Edited 27 November, 20187 yr by TonyTonic

PCH Deals from Simpsons are usually pretty good if you're not looking to keep the car - https://www.simpsonsskoda.co.uk/pch-offers/se-tech-offer/

 

Local dealerships will normally match and try to beat the deals for your custom too.

29 minutes ago, TonyTonic said:

this is for an estate DSG 245, so just over £30k metallic paint and sparewheel included

 

DTD are offering estate DSG 245 for £23,5K

 

don't you pay for the whole car on PCP and only for the depreciation on PCH?

PCP you're 'buying' the car but only making repayments on the element of the car that isn't covered by the GFV, at the end of the term you then have options to hand back or purchase the car depending on how much equity is left in it vs the GFV you signed up with. Normal HP is where you pay off the entire car.

 

However you buy a car, effectively all you're ever paying is depreciation, by the time you've handed back or terminated or sold it etc. The trick is working out which way of doing things will result in the cheapest overall cost of ownership for your preferred period - in my experience, it has to be a fairly special lease deal to come out better off overall than purchasing and selling cars. They're certainly out there but given a year or two ago you could pick up a Golf R for about £6000/£7000 over 2 years, £9000 over 2 years for a vRS doesn't seem anything special to me.

As long as you're under the magical 25% figure... Under 20% even better.

 

These are a legit brokers as well, a few people have ordered from them on pistonheads so don't think there's anything worry about in that respect.