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Ford Fiesta 1.25 Lease 4 years £119.99 p/m total cost £6839.41 @ select car leasing
Ford Fiesta 1.25 Lease 4 years £119.99 p/m total cost £6839.41 @ select car leasing

Ford Fiesta 1.25 Lease 4 years £119.99 p/m total cost £6839.41 @ select car leasing

Buy forBuy forBuy for£6,839.41
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Just got this through on email. £119.99 per month for this seems quite good!

1) Yes it's a lease so no you don't own the car

2) Yes you could buy a second hand 3.0 litre BMW 3 series with much better spec for the same price

3) Yes it's the 1.25 engine which isn't as poweful as the ecoboosts

29 Comments

4 years though...

second hand 3 series please

balsingh458

second hand 3 series please



​comments like this are boring. obviously this deal wouldn't appeal to you and a comment like this brings nothing constructive to the feed.

4 years for a lease seems a bit too long to me, but seems an ok price for an ok small car.

balsingh458

second hand 3 series please



​end bell

Not against leasing if the deal is right but throwing nearly 7k at a fiesta you have to hand back seems silly. You can buy a nearly new one for just over 7k and keep it beyond 4 years.

4 years is to long for a lease car as most warranties are only 3 years so you may end up with expensive maintenance costs whilst still paying the lease better to pay more and have a 3 year lease.

tomassymonds

​comments like this are boring. obviously this deal wouldn't appeal to y … ​comments like this are boring. obviously this deal wouldn't appeal to you and a comment like this brings nothing constructive to the feed.



​Feeding the troll doesn't help, either.

To me this needs to be 2 years max, I can guarantee after 2 years you will of had enough, and £5712 lighter, the £119 makes it sound good, but in reality the length kills it for me

Pic looks like a Focus? oO

ahenners

Not against leasing if the deal is right but throwing nearly 7k at a … Not against leasing if the deal is right but throwing nearly 7k at a fiesta you have to hand back seems silly. You can buy a nearly new one for just over 7k and keep it beyond 4 years.



​nearly new fiesta for 7k? please show me where with the same spec

adamspencer95

​nearly new fiesta for 7k? please show me where with the same spec



To be fair, I though the same, but auto trader has a 2015, 23k fiesta 1.25 style for £6k, or one with 6k miles for £6,200
Edited by: "ktm666" 7th Mar

adamspencer95

​nearly new fiesta for 7k? please show me where with the same spec



No navigation, but 1 year old and 8k on the clock. Could probably buy it under 7k with some haggling :

autotrader.co.uk/cla…oc3

ahenners

No navigation, but 1 year old and 8k on the clock. Could probably buy it … No navigation, but 1 year old and 8k on the clock. Could probably buy it under 7k with some haggling :http://www.autotrader.co.uk/classified/advert/201703022854179?atmobcid=soc3



​not the same spec then, is it and i wouldnt call over a year old with 8k miles 'nearly new', that usually implies less than 6 months old with a few thousand miles at most.

id still prefer your option though over a 4 year lease dont get me wrong.
Edited by: "adamspencer95" 7th Mar

Ford now trying to shift all the current fiestas before the new model comes out.. and four years ?...

adamspencer95

​not the same spec then, is it?



No you're right... but everything else is the same. The navigation screen is so small and basic anyway that you'd really have to want it for it to be a dealbreaker.


Edited by: "ahenners" 7th Mar

But, it's a lease so no you don't own the car
you could buy a second hand 3.0 litre BMW 3 series with much better spec for the same price
and it's the 1.25 engine which isn't as poweful as the ecoboosts

It says the Service interval is 91 months. Also says the child safety is 5%

Found a PCP with Furrows (Ford), Telford. When you compare this to the lease and the final optional payment the Lease deal looks pretty decent to me - although 9,000 miles.

YOUR FULL FINANCE QUOTE

Cash Price £13,470.65
Customer deposit £1,000.00
Deposit Contribution (FDA) § £1,800.00
Total amount of credit £10,670.65
First payment of * £191.56
47 monthly payments of £181.56
Optional Final payment of ‡ £3,694.00
Total charge for credit £1,748.23
Total amount payable £15,218.88
Mileage per annum 9000
Excess mileage charge 10p
Fixed rate of interest per annum 4.05%
Representative 6% APR (Fixed)

Therefore the cost for four years from a dealer is £13,470.65 less deposit contribution £1,800, less value in 4 years £3,694 = £7,976.65 ignoring the interest, or £9,724.88 with PCP finance.

Edited by: "scottishpunter" 7th Mar

Personally if this was two 2 year leases for that price it would be a bargain. But, as others have said, 4 years doesn't make sense - you will have to MOT this whilst leasing!! For me the whole benefit of leasing is hassle free and cost constrained motoring. You get a new car that's covered by warranty, doesn't need MOT and unlikely to need tyres etc.

scottishpunter

Found a PCP with Furrows (Ford), Telford. When you compare this to the … Found a PCP with Furrows (Ford), Telford. When you compare this to the lease and the final optional payment the Lease deal looks pretty decent to me - although 9,000 miles.YOUR FULL FINANCE QUOTECash Price £13,470.65Customer deposit £1,000.00Deposit Contribution (FDA) § £1,800.00Total amount of credit £10,670.65First payment of * £191.5647 monthly payments of £181.56Optional Final payment of ‡ £3,694.00Total charge for credit £1,748.23Total amount payable £15,218.88Mileage per annum 9000Excess mileage charge 10pFixed rate of interest per annum 4.05%Representative 6% APR (Fixed)Therefore the cost for four years from a dealer is £13,470.65 less deposit contribution £1,800, less value in 4 years £3,694 = £7,976.65 ignoring the interest, or £9,724.88 with PCP finance.



​is that at list price?

only a fool pays Ford list prices. you can easily get 10% off just by turning up to a dealer and asking for a discount.

adamspencer95

​is that at list price?only a fool pays Ford list prices. you can easily g … ​is that at list price?only a fool pays Ford list prices. you can easily get 10% off just by turning up to a dealer and asking for a discount.




Nope list price is £14,195 and What Car Target Price is £13,113, so I think above is a fair comparison

scottishpunter

Nope list price is £14,195 and What Car Target Price is £13,113, so I t … Nope list price is £14,195 and What Car Target Price is £13,113, so I think above is a fair comparison



​10 seconds on carwow just got me an offer for £12,467 cash price, meaning net cost of £10,667 after deposit allowance. based on £1000 cash deposit as per your example:

PCP therefore works out at 36 x £176.01 and OPF of £3921 (not sure where your 4 year PCP quote came from, Ford only do 2 or 3 years)

or for HP you can pay 48 x £225 and own outright at the end.

adamspencer95

​10 seconds on carwow just got me an offer for £12,467 cash price, me … ​10 seconds on carwow just got me an offer for £12,467 cash price, meaning net cost of £10,667 after deposit allowance. based on £1000 cash deposit as per your example:PCP therefore works out at 36 x £176.01 and OPF of £3921 (not sure where your 4 year PCP quote came from, Ford only do 2 or 3 years)or for HP you can pay 48 x £225 and own outright at the end.




So in your deal 36 x £176.01 = £6,336 + £1,000 deposit = £7,336 for 3 years or £203.78 a month. The above lease switched to 3 years is £130.79 x 35 = £4,577.65 + £1,177.09 = £5,754.74 or £159.85 a month. So I still think it is better than the PCP deal you found?

the benefit of a lease is that its meant to be fairly short term ( less than 2years) so that there is no ownership costs associated with it, so a 4 year lease seems stupid, as mentioned previously. i was just showing what the best PCP deal is likely to look like.

the 3 year lease you mentioned doesnt seem too bad, so if i were looking for a cheap car just to last 3 years, id probably go with that as it is much cheaper than the alternative PCP
Edited by: "adamspencer95" 8th Mar

m5rcc

Cheaper elsewhere for the same terms and mileage, assuming there is no … Cheaper elsewhere for the same terms and mileage, assuming there is no fee for your deal at £139.99/net/mth:£136.74/net/mth with GB Vehicle Leasing:



How did you find this out of interest, google search or is there a website for searching best deals? On the look out for a lease, but have not seen anything appropriate on here. Thanks

scottishpunter

How did you find this out of interest, google search or is there a … How did you find this out of interest, google search or is there a website for searching best deals? On the look out for a lease, but have not seen anything appropriate on here. Thanks



Contract Hire and Leasing

Don't forget, this will require an MOT exactly 3 years after is registration date, so if it fails for what ever reason, you'll be covering the costs as this lease is for 4 years. Getting a 24 month lease means you'll hand the car back before an MOT is due.
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