Originally Posted by
massivewangers
Nothing wrong with leasing or PCP. There have been some mega deals out there in recent years, with people getting Golf Rs for barely more than £200 a month. I know people that have spent far more than that on maintaining and modifying old shit boxes. It's all personal choice at the end of the day. For many, the appeal is that it's fixed cost motoring. You pay your monthly and you know that, for the 2 or 3 years you own the car, the costs are entirely fixed. No MOTs, no repairs, no worrying about it breaking down, just servicing and maybe some tyres. You know exactly what the car will cost you over that period so you just get in and go. For some people, it makes a lot of sense. Given what some of us spend every month on modifying old cars, most of which we will never get back when we come to sell, it can make a lot of sense. There is no right or wrong really, just different strokes for different folks.
Where are you gonna lease a golf r for £200 a month, that doesn't sound right to me
That's only £2400 a year, so 3 years is only £7200, no way I cant see it on that the depreciation alone will be more than that !
ps my last Cossie, all the skylines I made money out of them all as I went along and sold/broke them when they got to there value point
My gtr wasn't that much of my money to buy as alot of it was profit from all the previous cars not my wages saved
Edit
I've just looked there £325 a month so £3900 a year 24 months plus £4000 initial rental
It's a con and always dearer, if there £30k new buy one 5 years sold for below half price low mileage example it will run for years and years
That's what I would do anyway as 3 years finance payments would just about buy a 5 year old one and you own it then, strive to own not rent and never own is how I look at everything