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MK8 Lease and PCP Deals


gazzab
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In notice that there are lease deals starting to appear.  Currently they are quite a bit higher than the 7.5 deals from 3 years ago. But the world is a different place and the p11d is somewhat higher. 
anyway so far :

Vertu £404.27 a month with £1,331.69 down and 10k incl vat 

 

From Inchcape on the Golf 8 R in white 

3+23, 6K mpa – Initial Rental £1077.00 inc VAT, monthly rentals £359.00 inc VAT
6+23, 6K mpa – Initial Rental £1920.00 inc VAT, monthly rentals £320.00 inc VAT

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Lease deals are pretty much a complete mystery to me. When I bought my R, (with options) I put in about £18k I think and pay £260 per month on the loan. Unlimited mileage! I’m having trouble justifying some lease deals compared to deposit/loan scenario. I think I could easily get more than £18k if I sold mine. I’ve seen some lease deals where adding the Akrapovich alone adds £64 a month!


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12 hours ago, camelsac2002 said:

Lease deals are pretty much a complete mystery to me. When I bought my R, (with options) I put in about £18k I think and pay £260 per month on the loan. Unlimited mileage! I’m having trouble justifying some lease deals compared to deposit/loan scenario. I think I could easily get more than £18k if I sold mine. I’ve seen some lease deals where adding the Akrapovich alone adds £64 a month!


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Going back in time by nearly 3 years...a brand new R was about £36k (my estate in grey was) and the monthlies plus deposit for a 2 year lease we’re about £7k.   You wouldn’t add extras as you pay for them over the lease period.    
That’s a very cheap way of owning a brand new R and less than the cost of depreciation and cheaper than pcp etc. 
Of course you can buy a 3 year old car for cash and it might only cost you £4K in depredation over 2 years (ignoring bank loans etc).   Anyway this isn’t a thread about the benefits of leasing.  The mk8 deals are starting to flow. 

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12 hours ago, camelsac2002 said:

Lease deals are pretty much a complete mystery to me. When I bought my R, (with options) I put in about £18k I think and pay £260 per month on the loan. Unlimited mileage! I’m having trouble justifying some lease deals compared to deposit/loan scenario. I think I could easily get more than £18k if I sold mine. I’ve seen some lease deals where adding the Akrapovich alone adds £64 a month!


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Was yours new? So what has yours cost you over the first 2 years etc?

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Was yours new? So what has yours cost you over the first 2 years etc?

Mine was brand new with options. It’s £260 per month on a loan so that doesn’t come into the two year thing. Otherwise, costs over the first two years was two services (I’m not a fan of 20,000 mile servicing!) and whatever tyres I had. Can’t remember now as it’s been a few years - 2016 car.


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I clicked a social media link to an R lease site - leaseloco or something.
36+3 x £365 (10k miles)  c14.5k over 3 years.
 
No options selected.
 
I'm not looking but peaked my interest.

Blimey! I couldn’t stomach that per month. I’m an options snob so I’d want some toys!


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