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Post by scouse on Mar 31, 2017 10:36:10 GMT
So finally got the quote to extend the lease on the Volvo - £465 plus VAT per month!! The phrase 'fuck that' springs to mind. Only problem is I now have only 28 days to find a new motor. I have two guaranteed delivery options:
Audi A5 2.0d Sline sportback or a C220d estate AMG line auto.
Or I can take the risk that there may be something coming available early next week after the tax changes.
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Post by PetrolEd on Mar 31, 2017 10:40:06 GMT
Out of those two I'd take the Merc, is it much more for a Petrol?
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Post by racingteatray on Mar 31, 2017 11:03:36 GMT
Same here. Nothing says "company car wanker" quite like an 2.0TDi SLine Audi.
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Post by ChrisM on Mar 31, 2017 12:38:31 GMT
Fancy a blue Kuga Titanium ??
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Post by franki68 on Mar 31, 2017 12:45:44 GMT
Same here. Nothing says "company car wanker" quite like an 2.0TDi SLine Audi. and nothing says 'Im an old man who does not want anything exciting to happen in my life' like a merc 220d estate .And yes I did have one a while ago,so I know how it makes you feel. |
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Post by racingteatray on Mar 31, 2017 12:47:47 GMT
Same here. Nothing says "company car wanker" quite like an 2.0TDi SLine Audi. and nothing says 'Im an old man who does not want anything exciting to happen in my life' like a merc 220d estate .And yes I did have one a while ago,so I know how it makes you feel. Also true. |
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Post by scouse on Mar 31, 2017 13:01:26 GMT
Same here. Nothing says "company car wanker" quite like an 2.0TDi SLine Audi. If it was an A4, I'd agree, but A5 sportbacks are scarce round here. The Merc does have nice kerb appeal and we are getting a new pooch in summer, just not sure I could live the with satnav screen or the interior door handles. Just come through: E220 AMG line auto @ £322 |
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Post by racingteatray on Mar 31, 2017 14:17:46 GMT
E by gum.
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Post by Martin on Mar 31, 2017 14:20:01 GMT
The E Class is the best option so far
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Post by PG on Mar 31, 2017 20:57:13 GMT
The E Class is the best option so far Our neighbour has just taken deliver of a new Merc E class saloon - a 220d. He's a regular Mercedes man and he gets them on a 3 year leas and after 18-24 months he gets offered a superb deal to upgrade. Same happened again this time. But if you go for a Merc, don't get dark grey metallic. It looks really disappointing in that colour. |
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Post by Roadsterstu on Mar 31, 2017 22:50:31 GMT
Are Volvo taking orders on the new XC60 now? And if so, when is deivery due to be?
V90 lease deals, with a view to XC60 when available? Or even current XC60 and then new XC60? Is there nothing to tempt you into a newer XC60?
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Post by scouse on Mar 31, 2017 23:47:16 GMT
Are Volvo taking orders on the new XC60 now? And if so, when is deivery due to be? V90 lease deals, with a view to XC60 when available? Or even current XC60 and then new XC60? Is there nothing to tempt you into a newer XC60? I want the new xc60, but earliest deliveries are end of August. The only current xc60s available seem to be 2wd SE on 3 or 4 yr deals. |
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Post by Alex on Apr 1, 2017 9:26:06 GMT
Are Volvo taking orders on the new XC60 now? And if so, when is deivery due to be? V90 lease deals, with a view to XC60 when available? Or even current XC60 and then new XC60? Is there nothing to tempt you into a newer XC60? I want the new xc60, but earliest deliveries are end of August. The only current xc60s available seem to be 2wd SE on 3 or 4 yr deals. Can you not just buy some £500 shed on AT whilst you wait for the new XC60 to arrive? Or is this a company car so running a banger for a few months would be frowned upon? |
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Post by ChrisM on Apr 1, 2017 19:21:07 GMT
When I called in at the local-ish Volvo dealer on the way home from mum last week-end they were talking about "3rd quarter" before cars start coming through and they get a Demonstrator.... probably September.
You can't book a test drive of the new XC60 via the website yet although pricing information is available via the configurator, which includes the new XC60.
As to "leaving it late", the local Ford dealership only came back to me on Tuesday late morning with their best offer on the new Kuga that had to be delivered in March to qualify for the special offer; I signed on my way home from work around 6pm and 3 days later I drove away in it. The benefits of doing a deal on a car that's been hanging around in stock..... Ford's 36 month zero percent finance was extended to 38 months for me with the MFGV (balloon payment) remaining the same. Photos to follow soon, I hope, but my wife loves the colour. First proper drive today to see the Audi that younger daughter had her eye on, and I've had to wash it already !
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Post by Roadsterstu on Apr 3, 2017 8:54:22 GMT
You're going to ruin your paint...
Anyway, look forward to seeing some photos.
As for the new XC60, talk on the Volvo Forum (I know...) is that it's likely to be October for the earliest customer deliveries. The line starts production on 28th April and dealer demonstrators will appear in late May. I've not tried the configurator but getting them over 40k isn't difficult apparently.
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Post by ChrisM on Apr 3, 2017 12:35:13 GMT
^I'll have you know that I arrived at the Audi garage a little early and the TT was covered in rain water, so with no dealer valetters around I grabbed my spare fake-chamois and dried the Audi down, taking the opportunity to check the paintwork and glass for imperfections, of which there were very few.
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Deleted Member
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Post by Deleted on Apr 3, 2017 12:45:53 GMT
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Post by Roadsterstu on Apr 3, 2017 14:49:57 GMT
^I'll have you know that I arrived at the Audi garage a little early and the TT was covered in rain water, so with no dealer valetters around I grabbed my spare fake-chamois and dried the Audi down, taking the opportunity to check the paintwork and glass for imperfections, of which there were very few. Rubbing in any grit and dirt in the rain. |
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Post by Bob Sacamano v2.0 on Apr 3, 2017 15:23:07 GMT
^I'll have you know that I arrived at the Audi garage a little early and the TT was covered in rain water, so with no dealer valetters around I grabbed my spare fake-chamois and dried the Audi down, taking the opportunity to check the paintwork and glass for imperfections, of which there were very few. Never fancied a Saturday job washing dealership cars then? You can just imagine the conversation in the dealership: Salesman 1 :" Who's that a new lad washing that TT on the forecourt?" Salesman 2 : " We don't pay him, he's just some random punter that comes round and chamois dries the cars off on a whim". Salesman 1: " Park a few more behind him and sack the Polish lad we're paying". |
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Post by racingteatray on Apr 3, 2017 16:20:19 GMT
When I called in at the local-ish Volvo dealer on the way home from mum last week-end they were talking about "3rd quarter" before cars start coming through and they get a Demonstrator.... probably September. You can't book a test drive of the new XC60 via the website yet although pricing information is available via the configurator, which includes the new XC60. As to "leaving it late", the local Ford dealership only came back to me on Tuesday late morning with their best offer on the new Kuga that had to be delivered in March to qualify for the special offer; I signed on my way home from work around 6pm and 3 days later I drove away in it. The benefits of doing a deal on a car that's been hanging around in stock..... Ford's 36 month zero percent finance was extended to 38 months for me with the MFGV (balloon payment) remaining the same. Photos to follow soon, I hope, but my wife loves the colour. First proper drive today to see the Audi that younger daughter had her eye on, and I've had to wash it already ! You bought another new car? |
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Post by ChrisM on Apr 3, 2017 20:25:20 GMT
^
Not exactly "bought", just changed the PCP deal from the C-Max to a rather red Kuga (unsold stock again, so going cheap) and saving £40 per month on payments
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Post by racingteatray on Apr 4, 2017 11:06:57 GMT
^ Not exactly "bought", just changed the PCP deal from the C-Max to a rather red Kuga (unsold stock again, so going cheap) and saving £40 per month on payments Do you have to put down a new deposit in those circumstances? |
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Post by Bob Sacamano v2.0 on Apr 4, 2017 11:39:57 GMT
^ Not exactly "bought", just changed the PCP deal from the C-Max to a rather red Kuga (unsold stock again, so going cheap) and saving £40 per month on payments Do you have to put down a new deposit in those circumstances? No, any equity in your current vehicle and/or dealer deposit contribution is used. Certainly that's the way it's worked with Mrs. Sacamano's PCPs - none of which have gone their full term. |
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Post by ChrisM on Apr 4, 2017 12:10:49 GMT
... but in my case I have put down a reasonably significant deposit (a lot more that I put down on the C-Max) which is one reason why my monthly payments have reduced by just over £40
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Post by racingteatray on Apr 4, 2017 12:21:23 GMT
Isn't it rare though that there is any equity when you take dealer part-ex prices into consideration?
The reason we didn't roll the PCP on Mrs RT's 500 into a new 500C was that by Fiat Marylebone's reckoning there was no equity in her existing car whatsoever, meaning that either we stumped up a new deposit or the monthlies would have tripled.
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Post by Bob Sacamano v2.0 on Apr 4, 2017 14:05:43 GMT
Isn't it rare though that there is any equity when you take dealer part-ex prices into consideration? The reason we didn't roll the PCP on Mrs RT's 500 into a new 500C was that by Fiat Marylebone's reckoning there was no equity in her existing car whatsoever, meaning that either we stumped up a new deposit or the monthlies would have tripled. If your PCP is a three year deal and you go back to the dealer after two years they will usually try and come up with an agreeable figure that puts you into a new PCP with minimal increase in monthly payments. They'll fudge around the figures so that if you have little or no equity in your car they'll use dealer deposit contributions, discounts etc to make it work your budget. It's not in the dealer's interests to let you finish your PCP and potentially walk away - they want you fixed back in for another 2 or 3 years. Also, with any PCP it's important to put as small amount of deposit down as possible, that way the monthly payments are the "true" monthly payments not the monthly payments plus the deposit divided by 24/36 months. It also gives you the freedom to just walk away at the end of the deal and not worry about losing that deposit. Mrs Sacamano has a number of dealership friends and the PCP customers they love are the ones that put down a hefty deposit and then change a couple of years down the line, paying another hefty deposit. They make the most money out of those deals. |
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Post by racingteatray on Apr 4, 2017 15:02:10 GMT
I get that doing that (big deposit, chop and change) is financially extravagant. You just end up owning a series of cars whilst they at their most depreciating.
But, assuming you do want to hold your car for the full 36 months and then pay off (as for example we did with both the M135i and the Fiat), why is the net financial position/freedom to walk away actually any different? The GFV is the same regardless of whether you put down a deposit, so the car finance company will want the same amount from you over 36 months regardless of whether you pay it (a) in a bigger upfront lump and then in smaller monthlies or (b) in a smaller upfront lump and then in bigger monthlies. In fact, surely the interest charges will be higher in the latter scenario?
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Post by johnc on Apr 4, 2017 16:31:15 GMT
I see a few manufacturers are limiting the deposit to no more than 30% or 35% so that the balance financed provides them with a decent return.
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Post by ChrisM on Apr 5, 2017 7:30:21 GMT
^
With zero percent finance, it makes no difference to me :-)
Ford even waive the £10 option-to-purchase fee at the end of the agreement
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Post by racingteatray on Apr 5, 2017 10:49:40 GMT
Aren't you effectively leasing?
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