Golf R £270 on PCH

[david25]

Apologies if this is a duplicate (I did use search before hand)

£270 INC VAT looks a good deal (although I have no ideal about the competitiveness of the deposit).

http://www.bluechillicars.com/personal-contract-hire-cars/volkswagen/golf-hatchback/golf-hatchback-20-tsi-r-3dr-4565235

Note, its personal contract hire NOT personal lease

[monsta]

It is a duplicate I'm afraid:

http://www.golfgtiforum.co.uk/index.php?topic=262925.msg2416386

Great deal though, must be mileage restrictions...

[monkeyhanger]

All in for 2 years it looks like your PCH equates to 30% depreciation. If you could get a 10% discount on one bought, were a car buyer, and ran it for 2 years before selling it, you'd probably end up a little better than taking out this PCH.

What's the guessing on a GFV for a 2 year give-back solutions purchase on an R? £19000 (63% of RRP, considering it is 51% for 3 years at 10k miles per year)? £8000 lost (on 90% of RRP) vs almost £9000 paid out on the PCH plan. For most of us though, we'd have about £3000 in interest to pay out so you'd be better off with the PCH.

Good terms for someone who'd be going through solutions for their R and wouldn't be interested in keeping it for the long term.

[Mark V GTD]

VW Solutions, with the same £2,399 (and 10% discount) deposit comes in at £414 per month over 24 months!

The GFV is £17,518 - assuming the car retains two thirds of its value at the two year mark, ie; £20k, the figues would be as follows:

PCH - £2,399 + 23 x £270 = £8,609

PCP (with 10% discount of retail) - £2,399 = 23 x £414 = £11,921 (less £2.5k ie difference in cars value and GFV) = £9,421.

Admittedly the PCH adds metallic paint - although a hard bargain may get that thrown in too with the PCP!  If you were to squeeze a £200 discoutn the difference is only £200 and an optimist (and fastidious owner) might think he would get more than  £20k for the car after 2 years in a private sale... not much in it from that point of view!