PCP/lease deals

[Mark V GTD]

I've done various PCP's over the years, and I've always gone over my mileage, and I've never been penalised - ever.

But were you buying another car (ie; trading in) or just handing the old car back and walking away? The mileage penalty only applies in the latter situation.

[matchboy]

I've done various PCP's over the years, and I've always gone over my mileage, and I've never been penalised - ever.

But were you buying another car (ie; trading in) or just handing the old car back and walking away? The mileage penalty only applies in the latter situation.

Only once have I handed a car back and walked away - and I was 3k over the mileage limit and didn't get charged.

[p3asa]

Just recieved this quote from VW fleet department, both based on a standard 3 door GTD with 12k miles per annum and 3 years

Manual 3+35 (£980 deposit + monthly of £327)

DSG. 3+35 (£1080 deposit + monthly of £362)

Quite tempted by this as it sounds ok, getting a quote tomorrow for 2 years which I presume will cost more??

I make the difference between going the above route and going a PCP route with a drivethedeal discount,  £750.

That's paying £750 less if you go with VW fleet above.

The only downside to that is, come the end of the term you will have nothing to use as equity for a trade in as you are just handing the car back. So I suppose its swings and roundabouts.
Pay the above fleet prices and put £25 a month in to an account and that will give you £900  by the end of the 3 years.
At least that way you are guaranteed £900 as a deposit. Although if you have a decent GTD to trade in at 3years you should be looking at in excess of £1000 equity.

[peterdoherty]

Just recieved this quote from VW fleet department, both based on a standard 3 door GTD with 12k miles per annum and 3 years

Manual 3+35 (£980 deposit + monthly of £327)

DSG. 3+35 (£1080 deposit + monthly of £362)

Quite tempted by this as it sounds ok, getting a quote tomorrow for 2 years which I presume will cost more??

I make the difference between going the above route and going a PCP route with a drivethedeal discount,  £750.

That's paying £750 less if you go with VW fleet above.

The only downside to that is, come the end of the term you will have nothing to use as equity for a trade in as you are just handing the car back. So I suppose its swings and roundabouts.
Pay the above fleet prices and put £25 a month in to an account and that will give you £900  by the end of the 3 years.
At least that way you are guaranteed £900 as a deposit. Although if you have a decent GTD to trade in at 3years you should be looking at in excess of £1000 equity.

Also a there would be another £300-500 in expenses with the DTD route for the OP to travel from NI to collect.

[p3asa]

Also a there would be another £300-500 in expenses with the DTD route for the OP to travel from NI to collect.

Even although they bring the car to Carlisle free of charge. Is it really that dear to take it over to Ireland?

[Mark V GTD]

I was 3k over the mileage limit and didn't get charged.

A lucky escape really lol :-)

[peterdoherty]

Also a there would be another £300-500 in expenses with the DTD route for the OP to travel from NI to collect.

Even although they bring the car to Carlisle free of charge. Is it really that dear to take it over to Ireland?

I've done it (not via DTD but the same usual dealer you seem to get in Kent)

Ferry is £100-150 when booked one way at shortish notice. Flight is another £60-100 one way at shortish notice too. Probably want to stay 1 night rather than do all in one day (£50-100). Then other bits and pieces. It can easily start adding up (but can still result in major savings).

Not much cost savings in the car being brought to carlise - you may aswell pick up at dealers to inspect etc.. and drive a few hundred miles.

I have relatives nearby so made a long weekend out of it which negated the cost.

Just something to consider when doing price comparisons.

Also may not want someone putting a few hundred miles on your new car during initial period.

[p3asa]

Yeah me and the Mrs collected mine from Kent.
Went down on the train from Glasgow then stopped overnight on the way back up.
It probably cost a couple of £££ but added to the excitement plus gave us a night away.
I'd certainly have no qualms about doing it again.

[Exonian]

One thing for cossieian to remember is that with a lease you're tied in for the duration but you can P/X a PCP car at any time.
The only reason I mention that is the fact the OP often admits to getting bored of his cars quickly.
 

[Cossieian]

One thing for cossieian to remember is that with a lease you're tied in for the duration but you can P/X a PCP car at any time.
The only reason I mention that is the fact the OP often admits to getting bored of his cars quickly.
 

Exactly true , just got another PCP offer from my dealer lol
Again based on standard 3 Door manual GTD 12k miles

£1500 deposit over 3 years: £377 per month
£1500 deposit over 4 years: £336 per month

I must say as said previously I'm tempted by the 4 year deal as you can change at any time, how do them figures sound guys? I managed to squeeze them down to £24300 for the car which is about 11% discount