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Car Lease £4,450.00

£4450.00 @
Hi. ive just placed an order for an seat leon 1.4 ECOTSI FR TECHNOLOGY. the deal works out at £4450 or there abouts. initial rental £1525 10k milage per annum £127 per month on a 2 ye… Read More
hashim123 Avatar
2w, 1d agoPosted 2 weeks, 1 day ago
Hi.

ive just placed an order for an seat leon 1.4 ECOTSI FR TECHNOLOGY.

the deal works out at £4450 or there abouts.

initial rental £1525

10k milage per annum

£127 per month on a 2 year deal.

is this worth it?
hashim123 Avatar
2w, 1d agoPosted 2 weeks, 1 day ago
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All Responses

(31) Jump to unreadPost an answer
Responses/page:
#1
If it makes financial sense to you, yes.
#2
thanks. however i just needed to know if this price was
good for this car.
or for the same money could i have got a golf or an audi instead
#3
seat is audi is vw is skoda is lamborghini is ducati is bugatti
#4
its not the same though is it. you can compare a seat to a lambo.
#5
Not a bad deal I've got one currently on 36 month lease 3+35 @172pm for 8k

Admin fee was 199 i think

Nice car to drive but thirsty if you push it hard but as our second car it's not much of an issue.


Edited By: Tillboy on Apr 09, 2017 19:30
#6
The deal ive got isnt to bad then. i just wanted some advise on the price and car. is yours a facelift with the new 8inch touch screen
#7
I think it's pre facelift got it October last year.
#8
ah i get you. mines a 2017 model. how is the car overall. ive ordered a monsoon grey colour. i heard the interior is a little dull
#9
Dull but quite functional

Got a manual handbrake in ours which I think is a bit backward. It's the wife's care mainly, I've got a 2016 VW Touran and to Ben honest the Leon feels cheaper but still passable. I also find the VW more comfortable on longer journeys but if I'm nipping to the shops I also swipe the keys for the Leon
#10
haha. overall the leon is decent from what ive read about em and the FR does look sporty. golf prices on a lease are way to much.
#11
Deffo, was either the Leon FR or a Golf match for about £30 a month more so definitely made the right choice
#12
im glad ive choose the FR
cheers for your replies. just need to sell my A3 now
#13
the 1.4TSI is the old gen isnt it? thought they have the EA888 1.8T now for the FR level?
#14
the true cost of buying a car outright isn't the upfront cost, it's the depreciation. If you have the money in the bank, you would have been better off buying the car and selling it 2 years later, as you'd lose less than £4.5k in depreciation.
#15
nah u get 1.4 tsi 150ps in the new models.. its meant to quick and eco at same time
#16
its a 1.4ecotsi engine
#17
Dull interior? I'm not sure what people expect an interior to look like! All round a great car. The engine is punchy and frugal. It does however lack the torque feel of an older generation 2.0/1.8 equivalent 150bhp engine.
I was looking @ a Leon for my next lease but got a little carried away and went for a Vw Scirocco R. Lol
#18
Yeah I think you've got yourself a good deal there. I've seen a calculation floating round on a few forums that basically if the total cost including any fees comes to less than 25% of the cars value then it's a "good" deal. So with a list price of £21,350 your deal comes to roughly 20.8% of the cars value. So yeah, very good deal based on those man maths.
#19
cheers. i feel a lot better now. i thought i paid too much.
#20
thetreelogger
the true cost of buying a car outright isn't the upfront cost, it's the depreciation. If you have the money in the bank, you would have been better off buying the car and selling it 2 years later, as you'd lose less than £4.5k in depreciation.

Would you lose less than £4.5k? A new car of this type, and the lease if for a new one so I won't compare second hands cars, is £22k+.

I'd say the depreciation after two years together would be higher than £4.5k, what would you think it would be.
#21
I've watched some deals and this one seems ok to me depending on options but at the end of the day nothing beats buying outright and selling yourself (i.e. You still take the depreciation hit but likely be to less than the cost of leasing - unless you get very lucky and turns out your lease deal is heavily subsidised).
#22
its got a few good extras. Parking sensors metallic colour. full sat nav 8inch screen with apple play. its FR model and its 150bhp one not the 125
#23
Care to share the link?
#24
hashim123
its got a few good extras. Parking sensors metallic colour. full sat nav 8inch screen with apple play. its FR model and its 150bhp one not the 125


Is this through a seat dealer? Are other payment options available ie smaller upfront payment but slightly more on the monthly payment?
#25
Where is the deal? Would you be kind enough to post it?
#26
oh sorry hitaci lease
#27
i wasnt on net i called hitachi directly as we have dealings with them via work n asked for a pch quote.
#28
hashim123

SEAT LEON 1.4ECOTSI FR TECH 150PS
£1525 initial payment
£127 per month for 23 months
10k milage per year
Can someone with some experience give me some advise on the car and if thats a good deal.
i have already placed the order however not taken delivery yet.
Thanks

wheres it from ?
#29
its hitache lease
#30
ibblackberry1
thetreelogger
the true cost of buying a car outright isn't the upfront cost, it's the depreciation. If you have the money in the bank, you would have been better off buying the car and selling it 2 years later, as you'd lose less than £4.5k in depreciation.
Would you lose less than £4.5k? A new car of this type, and the lease if for a new one so I won't compare second hands cars, is £22k+.
I'd say the depreciation after two years together would be higher than £4.5k, what would you think it would be.
if you bought outright from new, autoebid has the car starting from £15.6k OTR. If you went direct to the dealer and show them this quote, in my experience, they will match/beat this quote and throw in a few options for free. Lets say you pay £16k for the spec you're after.

When it comes to selling the car, a Leon 1.4 ecoTSI FR technology that is 1.5 years old (65 plate) is listed at between £13k-£14k. Assuming a worst case scenario, £14k puts the cost of depreciation at 3k after 1.5 years.

The best way to go about it would be to buy a car thats maybe 6 months old. That way, the car has taken the major depreciation hit already. That way, you'd only be losing between £1-2k depreciation over the course of the 2 years you have the car.

Either way, its clear that lease deals do not offer good value for money in the vast majority of cases. If you have the money laying around, you're much better off buying the car outright
#31
thetreelogger
ibblackberry1
thetreelogger
the true cost of buying a car outright isn't the upfront cost, it's the depreciation. If you have the money in the bank, you would have been better off buying the car and selling it 2 years later, as you'd lose less than £4.5k in depreciation.
Would you lose less than £4.5k? A new car of this type, and the lease if for a new one so I won't compare second hands cars, is £22k+.
I'd say the depreciation after two years together would be higher than £4.5k, what would you think it would be.
if you bought outright from new, autoebid has the car starting from £15.6k OTR. If you went direct to the dealer and show them this quote, in my experience, they will match/beat this quote and throw in a few options for free. Lets say you pay £16k for the spec you're after.

When it comes to selling the car, a Leon 1.4 ecoTSI FR technology that is 1.5 years old (65 plate) is listed at between £13k-£14k. Assuming a worst case scenario, £14k puts the cost of depreciation at 3k after 1.5 years.

The best way to go about it would be to buy a car thats maybe 6 months old. That way, the car has taken the major depreciation hit already. That way, you'd only be losing between £1-2k depreciation over the course of the 2 years you have the car.

Either way, its clear that lease deals do not offer good value for money in the vast majority of cases. If you have the money laying around, you're much better off buying the car outright


that makes sense, however you will have a car nearly 2 years old and then still lose money at the end due to depreciation as well the time selling it.
typically u lose at least a grand per year on a used car

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