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Author Topic: Cheap GTD lease  (Read 7774 times)

Offline Mark V GTD

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Cheap GTD lease
« on: 19 March 2015, 17:35 »
Just came across this:  120 quid a month plus VAT... buying seems to be a bit of a mugs game these days :-(

http://www.centralukvehicleleasing.co.uk/vehicle/detail/57649/VOLKSWAGEN-GOLF-DIESEL-HATCHBACK.html
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Offline fredgroves

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Re: Cheap GTD lease
« Reply #1 on: 19 March 2015, 17:47 »
If you choose anything other than 2yrs, 5k and non-maintained it shoots up through the roof.

2 years and 5k pa is 300+ VAT!

Might be ok for the VERY casual driver, but as discussed here recently, if you don't do a lot of miles, leave the GTD alone!
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Offline monkeyhanger

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Re: Cheap GTD lease
« Reply #2 on: 19 March 2015, 18:23 »
Quote from: Mark V GTD on 19 March 2015, 17:35
Just came across this:  120 quid a month plus VAT... buying seems to be a bit of a mugs game these days :-(

http://www.centralukvehicleleasing.co.uk/vehicle/detail/57649/VOLKSWAGEN-GOLF-DIESEL-HATCHBACK.html

That headline £120 a month grabs your attention, but in reality it is going to cost you an average £245 a month over the term (which is still one hell of a deal) or £275 a month when you bump it up to a reasonable 10k miles pa (assuming 7.2ppm over-mileage cost), including the deposit, the fee and VAT.

There were R deals a little cheaper than the £275 a month all in on 10k miles pa.
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Offline Mark V GTD

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Re: Cheap GTD lease
« Reply #3 on: 19 March 2015, 18:52 »
Thanks for the reality check guys - its just that when you are paying 350.00 a month this seem ludicrously cheap (on top of the 2k deposit I paid. I know - its not DSG and has no options......

feel better now....
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Offline JonnyG

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Re: Cheap GTD lease
« Reply #4 on: 19 March 2015, 19:42 »
It is still a cracking deal ... and very hard to beat.

My wife's fairly basic Astra 1.4 (bought for around £14500 on 0% finance) has lost nearly £6k in depreciation in just over two years. 

This GTD deal comes in at £5891.77 (inc. VAT and the doc fees) over the full two years.  Keep it basic spec though  :wink:





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Offline JonnyG

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Re: Cheap GTD lease
« Reply #5 on: 19 March 2015, 19:47 »
Quote from: fredgroves on 19 March 2015, 17:47
.... if you don't do a lot of miles, leave the GTD alone!

Why would this really matter on a cheap lease though ?   
« Last Edit: 19 March 2015, 20:08 by JonnyG »
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Offline jassi14

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Re: Cheap GTD lease
« Reply #6 on: 19 March 2015, 20:07 »
Quote from: fredgroves on 19 March 2015, 17:47
If you choose anything other than 2yrs, 5k and non-maintained it shoots up through the roof.

2 years and 5k pa is 300+ VAT!

Might be ok for the VERY casual driver, but as discussed here recently, if you don't do a lot of miles, leave the GTD alone!

Would you stay away from the GTD if you are doing 8k a year if that?
Cheers
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Offline JonnyG

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Re: Cheap GTD lease
« Reply #7 on: 19 March 2015, 20:11 »
No you'd be better off just paying the excess mileage (at 7.2ppm) with the 5k lease rather than upping the lease mileage to 10K.
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Offline Darlo

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Re: Cheap GTD lease
« Reply #8 on: 22 March 2015, 12:35 »
A mate ordered a red gtd with this company the other day and that deal. Very good people to deal with. 20 week wait apparently. He has got over 400 on order at the minute!
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Offline J400uk

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Re: Cheap GTD lease
« Reply #9 on: 22 March 2015, 14:11 »
Quote from: JonnyG on 19 March 2015, 20:11
No you'd be better off just paying the excess mileage (at 7.2ppm) with the 5k lease rather than upping the lease mileage to 10K.

Yep its cheaper to pay that excess at the end rather than adding extra miles onto the contract.

Does seem like an excellent deal and surprised it's lasted so long at that price as usually the best lease offers are short lived.
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