Surprising Lease Car example

[Welly]

I get loads of Lease offers on my Office Fax, one popped through earlier for a Fiesta Zetec EcoBurst 1.0L (125hp).

They want £120.00 per month with a 10K miles PA limit (fine for me).

See, just doing some maths it's easy to see the appeal of these deals:

No road Tax
No MOT's
No worn tyres (kinda)
No eggsauce failures
No repairs
and very basic servicing, if at all.

The Fezzer would save me £800.00 per year if it did 40mpg (which it should easily better) and I'd save £285.00 per year VED, no emergency repairs, and possibly cheaper insurance.

It got me thinking, I'll have £90.00 per month freed-up due to those savings so the car would 'cost' me £30.00 per month in effect

There was something about a deposit mentioned but I'm glossing over that but I don't think that's too bad as an example, I can see the appeal anyway.

If this ever goes ahead I apologise now to all the 20-somethings out there when this slightly overweight balding 40-something ruins your cars' street cred overnight

[STALLED]

Sounds like a pretty good deal. There must be a catch somewhere?

As much as I loved the 406 - there is something nice about driving a newish car with doesn't need work done on it - usually on a monthly basis.

[steve_earwig]

Wouldn't it be rather like walking about with a concrete block chained to your leg after the Ovlov?

There must be a catch somewhere?

Fiesta

Nuff said

[Welly]

I don't think I'll be doing anything about it I was just a bit surprised when I did the number-crunching.

[trufflehunt]

Sounds like a pretty good deal. There must be a catch somewhere?

As much as I loved the 406 - there is something nice about driving a newish car with doesn't need work done on it - usually on a monthly basis.

One catch is that it is another commitment.

Rain, hail, shine or illness, that monthly direct debit is out there, waiting for you.

And if you can't pay, or if.., a few weeks in.., after the new car smell has faded,
and your enthusiasm..., the penalty payments..,or.... ?

[Welly]

Very true.

One thing made me think though, I am convinced older motors are being elbowed-out slowly though higher VED, possibly higher insurance too and possibly to push these little motors our way and keep the manufacturing demand....

[lozz]

Ive been looking into electric car's.
http://info.renault.co.uk/model/ZOE/?ut ... _Main_Pure

45 quid a month for the battery..

Free domestic wall-box fitted at your home by British Gas =wtf?

[Rolebama]

I did some number-crunching a while back with regards to an electric car. It just didn't work out. When they introduce one with a 'genuine' range of 250+ miles, including cold night running with heaters, lights, wipers etc, then I may just consider one. At the moment, there isn't one around which will suit my needs.
As to a new Fiesta, I am not so sure about that either. A look at some of the Fiesta Forums, of which there are quite a few, will show that they are not necessarily what anyone would actually want.

[lozz]

My dad as had a few fiesta's.
his latest one 13plate hes just handed back as he carnt drive anymore - 70+mpg (he rekons)
70+ mpg wouid be brilliant,

*Re electric cars iagree there..the figures dont add up=nowt to save realy,.

something flash with a posh badge..bmw or a lexarse or simalar couid be bought for the same amount of dosh,
but then again iwouidnt want one of them either.

[rwb]

One of the geeks at work has a Nissan Leaf.
He has to charge it at work otherwise he can't get home. (I said if he's having the electric then I'm going to start syphoning diesel out of the generator.)
IIRC the battery costs £10k and has an expected life of 10 years.
Makes DMFs look cheap.

[Rolebama]

I had a Fiesta, and the last year I had it, I only once achieved 49mpg on a run. I do very few local runs, most are to Beds, Cambs, Dorset and East Sussex using motorways and major A roads. I reckon I was only doing the low 40s on these journeys, driving at about 60mph. Other Fiesta owners I spoke to at the time reckoned they got the same regardless of how they drove.

[STALLED]

We have a 1.6 Duratec - It would be lucky to get 30mpg!

Sure is fun to drive. But compared to the Megane, it's a buzzbox.

[Welly]

He has to charge it at work otherwise he can't get home.

That's a good point though, why should the business pay to charge his car up?

The Garage next door at work run a "Leaf" and I think it's bloody dangerous.....you can't here it coming. It gets down the road pretty sharpish though

[Doggy]

I'm sure the EU bureacrats will legislate for the danger of quiet electric vehicles, (always assuming the lovely Angela Merkel doesn't succeed in getting us kicked out of Europe first).

I predict there will be MINIMUM noise level legislation at some point, then you'll get automatic speed related volume and a choice of downloadable noises perhaps? (Ferrari, Maserati, Lady Penelope's roller off Thunderbirds, Abrams main battle tank - the possibilites are endless).

I favour something along the lines of those 'talking' warnings you get on some dustbin lorries or Wickes fork lift.....

"Caution, tree-hugging knobhead approaching', or something similar?

[Welly]

>BeeDoo< WARNING! smug bastard approaching >BeeDoo<