Golf R 310 Estate 4wd DSG - 24 months PCH - 10k miles £233.93pm @ NVS
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Golf R 310 Estate 4wd DSG - 24 months PCH - 10k miles £233.93pm @ NVS

158
Edited by:"Bestard"Found 30th Nov
24 month PCH lease.
By my calculations once you factor the admin fee and initial upfront cost, it works out to about £334.18pm - but feel free to correct me if I'm wrong.

I think you can customise the initial rental to reduce it, but increase the monthly payments, but I think it works out that you pay the same amount by the end of the lease regardless. i.e. about £8020.38 for 2 years PCH.
Again correct me if I'm wrong.

Overall, seems a really good price for this car - it's the 310ps AWD estate version of the Golf R.

EDIT: as people seem to skim read plus I originally accidentally calculated 24 monthly rental payments rather than 23 -
24 months Duration
£233.93pm * 23 months (£5380.39)
£2400 initial rental
£239.99 admin fee
Which gives a total of £8020.38 over a period of 24 months
£334.18pm effective monthly total payment if you factor in the initial rental, the admin fee, the 23 monthly rentals and divide that total by 24 months.

Top comments

OutwithCameron19 m ago

Rather own a car thanks, don't like debt


you clicked on this deal, for lease/contract hire, to comment that you don't like this kind of a deal?
Presumably, if it was £1/month you still wouldn't like it because it was still debt?
Edited by: "loofer" 30th Nov

Rather own a car thanks, don't like debt

Original Poster

OutwithCameron137 m ago

I'm not bitter mate, live in a house I own, own my car don't have to beg …I'm not bitter mate, live in a house I own, own my car don't have to beg for credit, you are the one who has to get in debt, I feel sorry for you, god bless


It's comments like this that make me sad there isn't a dislike or downvote button.

OutwithCameron14 m ago

You don't have 32k in savings, that's the whole point


You have no idea who I am or what I have, you sound like the guy wishing he had everything everyone else has but can't afford it lol. Bitter!
158 Comments

I think you need to put the total figure payable over the 24 months.

Rather own a car thanks, don't like debt

OutwithCameron135 s ago

Rather own a car thanks, don't like debt




So you pay cash for a new car?

Don't forget the £2400 up front

bellboys4 m ago

So you pay cash for a new car?



I did ! And I will do so again in March '18
This PCP thing is going to come along and bite a lot of people in the arse very soon - mark my words

tinca2 m ago

I did ! And I will do so again in March '18 This PCP thing is …I did ! And I will do so again in March '18 This PCP thing is going to come along and bite a lot of people in the arse very soon - mark my words




Have you heard of something called depreciation??

OutwithCameron19 m ago

Rather own a car thanks, don't like debt


you clicked on this deal, for lease/contract hire, to comment that you don't like this kind of a deal?
Presumably, if it was £1/month you still wouldn't like it because it was still debt?
Edited by: "loofer" 30th Nov

OutwithCameron110 m ago

Rather own a car thanks, don't like debt


The argument has been done to death, but the negatives of owning are that you also own the depreciation and increased maintenance bills. If you tend to buy new every 2/3 years, then leasing is often a cheaper alternative - if you buy and keep it for 10 years, or run old bangers, then leasing probably isn't for you.

loofer2 m ago

you clicked on this deal, for lease/contract hire, to comment that you …you clicked on this deal, for lease/contract hire, to comment that you don't like this kind of a deal?Presumably, if it was £1/month you still wouldn't like it because it was still debt?



Android fans do it on iPhone deals
PS4 Fans do it on Xbox deals

Get used to it - happens all over this site all the time

32608379-86MbX.jpg

tinca8 m ago

I did ! And I will do so again in March '18 This PCP thing is …I did ! And I will do so again in March '18 This PCP thing is going to come along and bite a lot of people in the arse very soon - mark my words


No, the PCP thing wont bite the people that have a PCP vehicle - their monthly payments are fixed, and provided they can afford them, they wont have a problem. The finance or lease companies though will have a problem if the vehicles are worth less than they were projected to at the end of the term.

Original Poster

KentishLad29 m ago

Don't forget the £2400 up front


It's factored into the monthly payment.
Is it not clear?

EDIT: added some more to the end of the original post to make it clearer
Edited by: "Bestard" 30th Nov

loofer26 m ago

you clicked on this deal, for lease/contract hire, to comment that you …you clicked on this deal, for lease/contract hire, to comment that you don't like this kind of a deal?Presumably, if it was £1/month you still wouldn't like it because it was still debt?


I don't like debt and don't have any, mortgage and car is paid for, the money I save in interest is put into savings so I can afford to buy things.

Negative equity

Original Poster

To put into perspective, I normally avoid lease deals as they don't suit my lifestyle needs.
However, when a car costs less to lease than the depreciation, I have to start taking an interest and weigh up the costs/benefits.

On this occasion at this price, it seems to make sense to lease the vehicle rather than buy it, purely from the viewpoint of looking to change a vehicle every few years.

Normally I would buy a 3 year old car, but am very tempted to take out a PCH lease on this.

(23 x £233.93) + £2,400 + £239.99 = £8,020.38 or £334.18/net/mth, no?

Vertu Nottingham doing it cheaper however

robbiewin5 m ago

Negative equity


More like can't afford so loan one and pretend I can

Got one of these in April for about £7500 over two years. It's a 17 plate but the old shape. So I miss out on new headlights and 10bhp. Plus this is dsg and 10k a year. Mines only 5k miles a year. So this is practically the same price with dsg added. Good deal. Just a note. This car takes super unleaded. It's in the manual and fuel cap. I don't do many miles so fine for me. Tesco premium is 5p more than normal unleaded. Shell and other places there is a massive premium on it. Another note is race mode uses all 4 exhaust. Eco mode uses just 2. Race mode all the time except on motorways as the drone is irritating for long periods

OutwithCameron16 m ago

More like can't afford so loan one and pretend I can


Most colleagues at my work place do this, its the top trumps of car ownership.

Anyway back to the deal......

Its a good deal so heat from me, although better deals do come around on this car from time to time.

I lease this car on a 10k plan over 24 months and i pay £197 a month with a £1785 deposit. Similar admin fees.

It is an awesome car but be careful as it really is a license loser

robbiewin2 m ago

Most colleagues at my work place do this, its the top trumps of car …Most colleagues at my work place do this, its the top trumps of car ownership.


They'll be in debt upto their eyeballs

Original Poster

m5rcc15 m ago

(23 x £233.93) + £2,400 + £239.99 = £8,020.38 or £334.18/net/mth, no?Vertu …(23 x £233.93) + £2,400 + £239.99 = £8,020.38 or £334.18/net/mth, no?Vertu Nottingham doing it cheaper however


You are right. I accidentally calculated 24 monthly rentals instead of 23.
Will amend

Why is everyone debating leasing everytime? If you want to drive around in your fully owned 10year old car then go for it...

M_z48 m ago

No, the PCP thing wont bite the people that have a PCP vehicle - their …No, the PCP thing wont bite the people that have a PCP vehicle - their monthly payments are fixed, and provided they can afford them, they wont have a problem. The finance or lease companies though will have a problem if the vehicles are worth less than they were projected to at the end of the term.


This seems to raise lots of issues! It oft seems to me that some or all of these these lease deals are simply too good to be true and that there must be down side? There's been talk in the press about these type of deals being the next ones which will be considered as having been mis-sold and therefore potentially giving rise to claims for compensation?

Notwithstanding the above, a number of the deals only appear to make any business sense if the cost of the vehicle as paid by the leasing co's is vastly below the manufacturers advertised sale price? If this is correct then it might be interesting to consider which marques and models can be leased at the least cost and therefore which must by definition have overly inflated advertised sale prices?

And what will happen if the leasing co's do end up with vehicles that are worth less than projected at end of term? I imagine that they can't somehow seek to try to recoup some or all of their losses from the people that have leased from them or can they? If they can't then presumably the leasing co's will simply "fold" but what then happens to those that still have their leased cars? Are they taken back or what?

bellboys1 h, 1 m ago

Have you heard of something called depreciation??


Not all cars suffer depreciation,some go up in price.

Admittedly a barge like this won't.

admpgk9 m ago

This seems to raise lots of issues! It oft seems to me that some or all of …This seems to raise lots of issues! It oft seems to me that some or all of these these lease deals are simply too good to be true and that there must be down side? There's been talk in the press about these type of deals being the next ones which will be considered as having been mis-sold and therefore potentially giving rise to claims for compensation?Notwithstanding the above, a number of the deals only appear to make any business sense if the cost of the vehicle as paid by the leasing co's is vastly below the manufacturers advertised sale price? If this is correct then it might be interesting to consider which marques and models can be leased at the least cost and therefore which must by definition have overly inflated advertised sale prices?And what will happen if the leasing co's do end up with vehicles that are worth less than projected at end of term? I imagine that they can't somehow seek to try to recoup some or all of their losses from the people that have leased from them or can they? If they can't then presumably the leasing co's will simply "fold" but what then happens to those that still have their leased cars? Are they taken back or what?



You are partly right and most of what you said has been asked by Mark Carney. These finance houses are facing a debt crisis because most of the cars now on PCP/PCH plans will not be worth anything like the 'Guaranteed Future Values' on which the contracts are based. So, instead of using their 'equity' in the car as the deposit on another one, most purchasers will simply return the cars, creating a glut of returned three year old cars at precisely the point the UK economy is at its most vulnerable due to Brexit.

Naturally, smart HUKDers will then buy the three year old cars at their true market value on the basis of personal loans, (providing interest rates have not gone through the roof.) Unscrupulous dealers and finance houses will then try to cut losses by finding "damage" on the returned cars and charge customers accordingly. Or they will offer to fund their deposits on customers' next PCP/PCHs, but the only way that can be funded is for the UK prices of cars to rise substantially, so expect cars in two - three years time to be priced thirty per cent higher than they are now. This is what happens when a country tries to live way beyond its means by overvaluing its real estate and living on credit.

Biggunspaul3 m ago

Not all cars suffer depreciation,some go up in price.Admittedly a barge …Not all cars suffer depreciation,some go up in price.Admittedly a barge like this won't.




What %tage of cars appreciate in value and what %tage of that figure are available to the person who isn't a millionaire?

Biggunspaul13 m ago

Not all cars suffer depreciation,some go up in price.Admittedly a barge …Not all cars suffer depreciation,some go up in price.Admittedly a barge like this won't.


So which new mass produced car shall I buy which will be worth more in 3 years than I paid for it?

benjefreys21 m ago

Why is everyone debating leasing everytime? If you want to drive around in …Why is everyone debating leasing everytime? If you want to drive around in your fully owned 10year old car then go for it...


I'm not going to say that buying is better or leasing is better but why do people like you seem to think if you buy a car that's over the age of a lease deal then it's got to be an old banger that will be braking down every 5 minutes ?


There is life in a car that's 2 years old,the second it's over a lease deal age doesn't mean that suddenly it turns all rusty,coughs and splutters down the road with parts falling off of it and is constantly being followed by a recovery truck lol

bellboys16 m ago

What %tage of cars appreciate in value and what %tage of that figure are …What %tage of cars appreciate in value and what %tage of that figure are available to the person who isn't a millionaire?


Sorry I don't have those figures to hand at the moment,but just saying that not ALL cars suffer depreciation,I'm not a millionaire and I get free motoring,but that's another story ; )

M_z13 m ago

So which new mass produced car shall I buy which will be worth more in 3 …So which new mass produced car shall I buy which will be worth more in 3 years than I paid for it?


Well a good example was the Focus RS,they were selling for more second hand than they were to buy new.

Don't expect to not lose money on a run of the mill car,but a Golf R would have been around the same sort of value new but are not so sort after.

And no i DO NOT own a Focus RS.
Edited by: "Biggunspaul" 30th Nov

Waiting for the "Do I get my deposit back" question.

I had the Peugoet 208 GTi Prestige over 18 mnths from NVS @ £146 last year that was brought to my attention by HUKD , I now own a £500 Golf MK5 1.6 FSi ( that gets me to and from work daily) the kids call it "Bertie Bucket"
When I see another lease deal that is good value then I will consider leasing again , as the 18 months driving that little pocket rocket was sheer bliss, handed it back with no extras costs

It cost approx £2700, no tyres (I rotated them) , 1 minor service £127 , NVS paid the RFL and I got GAP insurance @ £70
List price £23,100 compare that to the second hand price of the car was on autotrader £12500 at the time of handing back - I checked as I was consider buying one (it was that good !)

I had NEVER leased a car before !

Its horses for courses
Edited by: "Mr.Bananas" 30th Nov

formsm2000comp1 h, 18 m ago

Got one of these in April for about £7500 over two years. It's a 17 plate …Got one of these in April for about £7500 over two years. It's a 17 plate but the old shape. So I miss out on new headlights and 10bhp. Plus this is dsg and 10k a year. Mines only 5k miles a year. So this is practically the same price with dsg added. Good deal. Just a note. This car takes super unleaded. It's in the manual and fuel cap. I don't do many miles so fine for me. Tesco premium is 5p more than normal unleaded. Shell and other places there is a massive premium on it. Another note is race mode uses all 4 exhaust. Eco mode uses just 2. Race mode all the time except on motorways as the drone is irritating for long periods


If your handing the car back just put the cheapest fuel in

robbiewin7 m ago

If your handing the car back just put the cheapest fuel in


So what's the point in getting a car for it's extra power and then put a lower Ron fuel (I'm guessing that's what you mean by cheapest fuel) which will then make the ECU pull the timing and thus lower the power.

Biggunspaul3 m ago

So what's the point in getting a car for it's extra power and then put a …So what's the point in getting a car for it's extra power and then put a lower Ron fuel (I'm guessing that's what you mean by cheapest fuel) which will then make the ECU pull the timing and thus lower the power.


Wow i stand corrected

OutwithCameron11 h, 40 m ago

I don't like debt and don't have any, mortgage and car is paid for, the …I don't like debt and don't have any, mortgage and car is paid for, the money I save in interest is put into savings so I can afford to buy things.


You realise you don’t own your house and that’s debt too? What’s the difference

Mada061 m ago

You realise you don’t own your house and that’s debt too? What’s the diffe …You realise you don’t own your house and that’s debt too? What’s the difference


Mortgage is paid off - so no interest 0%, the value keeps going up though

OutwithCameron121 m ago

Mortgage is paid off - so no interest 0%, the value keeps going up though


Soooo. you couldnt afford a house but you got one to pretend you could...

Jokes....i dont need a car where i live...im just here for the comments!

robbiewin25 m ago

Wow i stand corrected


Just to add. On the forums I think you lose 10% of power and get dead spots in the rev range using standard fuel. This is what VW have told people who asked on the forums. I think it has to accept standard fuel. As in your engine won't fail due to it. But you get less performance. Because I do less than 5k a year miles the cost increase isn't massive. But this deal is for 10k a year. So just making people aware
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