How many GTI owners are there?

[howlingmoon]

Golf R,

I think you are wrong to say that companies only lease when they are cash strapped, it is actually sound financial solution to keep your cash flowing by leasing rather than cash spent on capital assets such as a car which have depreciation. When leasing depreciation is not taken into account whereas if you had purchased the car, it would. The other advantage of leasing is that technically the budget stays the same but you can get a new car every 2 years or time frame agreed in the contract. The most important thing for a company is maintenance as well. So if the car was leased, all maintenance will be done by the leasing company. So thats another obvious advantage...

HM 

[Golf R]

Golf R,

I think you are wrong to say that companies only lease when they are cash strapped, it is actually sound financial solution to keep your cash flowing by leasing rather than cash spent on capital assets such as a car which have depreciation. When leasing depreciation is not taken into account whereas if you had purchased the car, it would. The other advantage of leasing is that technically the budget stays the same but you can get a new car every 2 years or time frame agreed in the contract. The most important thing for a company is maintenance as well. So if the car was leased, all maintenance will be done by the leasing company. So thats another obvious advantage...

HM 

Funny how there are so many leasing companies doing very well thank you.

[matchboy]

Golf R,

I think you are wrong to say that companies only lease when they are cash strapped, it is actually sound financial solution to keep your cash flowing by leasing rather than cash spent on capital assets such as a car which have depreciation. When leasing depreciation is not taken into account whereas if you had purchased the car, it would. The other advantage of leasing is that technically the budget stays the same but you can get a new car every 2 years or time frame agreed in the contract. The most important thing for a company is maintenance as well. So if the car was leased, all maintenance will be done by the leasing company. So thats another obvious advantage...

HM 

Funny how there are so many leasing companies doing very well thank you.

i'm sure they are.  but from a company's point of view, particuarly in terms of cash flow, the advantages to leasing instead of owning are obvious.  that's why companies do it.

[Snoopy]

Looks like i hit a sore point for some of you.  

Its about time the goverment did there green thing and said, if you really need a company car then you can only have white vans/car derived vans of different types and sizes with green tecnology engines

[Golf R]

Looks like i hit a sore point for some of you.  

Its about time the goverment did there green thing and said, if you really need a company car then you can only have white vans/car derived vans of different types and sizes with green tecnology engines

Good idea, make all company cars white

[Snoopy]

At least you know what car/vans to avoid then Reps cars use to always be white back in the day.

[rjwojcik]

For VAT registered peeps, I thought you could claim back the VAT on the monthly payments on a lease.  Non VAT registered peeps end up having to the VAT as well, so it works out more on non VAT leases.

When I get mine I'm gonna stuck it on the mortgage which for me is currently 2.5% and intend to pay a fair whack every month to pay it off asap.  £24,000 works out at £50 interest per month, but obviously this will go down as the capital goes down.

[Golf R]

At least you know what car/vans to avoid then Reps cars use to always be white back in the day.

White car man with the Daily Mail on the dash.

[VWKev]

Where's our newly crowned moderator when we need him ?

[matchboy]

Where's our newly crowned moderator when we need him ?

i know!  he needs to start troll bashing sharpish!