Author Topic: Has anyone ever purchased their lease car?  (Read 1703 times)

Offline fredgroves

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Has anyone ever purchased their lease car?
« on: 13 September 2016, 16:06 »
Just wondering what sort of price a lease company will offer?

CAP book value (ie what they hope to get at auction) or some sort of crazy retail value?

I know full well they just dump the things at the nearest car auction...

Am just mulling over my options now it looks like HMRC are about to make company cars a thing of the past...
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC

Offline kelvyn29

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Re: Has anyone ever purchased their lease car?
« Reply #1 on: 13 September 2016, 16:21 »
Just wondering what sort of price a lease company will offer?

CAP book value (ie what they hope to get at auction) or some sort of crazy retail value?

I know full well they just dump the things at the nearest car auction...

Am just mulling over my options now it looks like HMRC are about to make company cars a thing of the past...

Not purchased one before but did look at buying my current company leased Focus ST & was about 2k under forecourt prices.

Intrigued about the company car comment being histroy, do you have any further info what is meant by that?

Offline fredgroves

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Re: Has anyone ever purchased their lease car?
« Reply #2 on: 13 September 2016, 17:11 »
This:

http://www.autoexpress.co.uk/car-news/consumer-news/96943/half-a-million-drivers-to-face-company-car-tax-clampdown

Basically, no tax/ni savings any more... little or no advantage in a company scheme for employees or employers. Which is nice.

So I am scrabbling around looking at options....starting from that glorious place of having no capital lump sum to put down for a PCH/PCP/purchase.
Current: Mk8 GTI DSG, Adelaides, DCC, HUD, HK, Winter Pack, Rear Camera.. Aka "HMS Weasel"

Gone: 2017 Mk7.5 GTD,manual, NavPro
Gone: 2014 Mk7 GTD, manual, NavPro, DCC