Infiniti Q30 1.5d SE 5dr [Business Pack with Sat Nav] 2 Year Lease 8k Miles: £4786 motordepot
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Infiniti Q30 1.5d SE 5dr [Business Pack with Sat Nav] 2 Year Lease 8k Miles: £4786 motordepot

72
Found 5th Apr 2017
Another pretty good lease price. Option for either Malbec Black or Moonlight White.

Been watching the price for this vehicle for some time now as there has been plenty of deals recently!

Seems a great price for the business pack version

24 monthly payments: £189
Deposit: £250
Free collection, otherwise £150 delivery!
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    lookatmywadd

    Maybe not! You end up paying nearly 5K with nothing to show for it at … Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.



    For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!
    72 Comments
    Seems a good price, but as someone new to leasing, why would a longer contract cost more? It seems more logical for the company to want you to keep it longer, not penalise you for it - or am I missing something?
    When the car is handed back, it is easier to sell on if it is younger, with warranty and with less miles.
    Holdsworth

    Seems a good price, but as someone new to leasing, why would a longer … Seems a good price, but as someone new to leasing, why would a longer contract cost more? It seems more logical for the company to want you to keep it longer, not penalise you for it - or am I missing something?



    ​Generally that is the case. Longer term = cheaper monthly.
    I've seen a lot of deals recently where 2 years has the cheapest monthly figure.
    That's given me something to think about.
    Good deal.
    I'm new to this leasing business. Are repairs covered under warranty provided you stay within the mileage?

    Are you essentially renting the car for the period? It seems like a good deal if that is the case.

    BTW, that company is based around the North and Birmingham. Anything closer to the SE?

    It seems like a good deal if that is the case.

    Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.
    If that car cost £25K, do you think it would be with £20K after 2 years? No chance!
    Leasing is not for people who intend keeping a car for a long time, obviously.
    lookatmywadd

    Maybe not! You end up paying nearly 5K with nothing to show for it at … Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.



    If you only spend £5k on a car, it won't be in the same condition as a brand new one.
    Depends what you want of course but a good leasing deal is a great way to drive a new car.
    Just compare depreciation from new to the total cost of the lease over the specified term
    lookatmywadd

    Maybe not! You end up paying nearly 5K with nothing to show for it at … Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.



    For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!
    fishmaster

    Mathematics dude you need to learn it



    ​err I have an MSc in statistics - does that count? And as other more helpful comments have pointed out, the norm is the longer the lease, the less the monthly amount. Dude.
    Scorching, not something I could see myself driving personally but a really amazing deal.
    Holdsworth

    Seems a good price, but as someone new to leasing, why would a longer … Seems a good price, but as someone new to leasing, why would a longer contract cost more? It seems more logical for the company to want you to keep it longer, not penalise you for it - or am I missing something?



    Longer term = more depreciation for the leasing company = increased cost
    Edited by: "iambigred" 5th Apr 2017
    fishmaster

    For God's sake why do we get these comments on every leasing thread, why … For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!



    ​ we definitely need more of that natural selection stuff
    lookatmywadd

    I'm new to this leasing business. Are repairs covered under warranty … I'm new to this leasing business. Are repairs covered under warranty provided you stay within the mileage?Are you essentially renting the car for the period? It seems like a good deal if that is the case. BTW, that company is based around the North and Birmingham. Anything closer to the SE?



    If the repair is your fault, you need insurance, everyone needs insurance. If the repair isn't your fault the leasing company will get it repaired

    What do you think leasing means? You don't own the car, you never will own the car, end of story! You don't own the car get it now?

    I'll try and be helpful as well, so here goes, leasing works if you want to drive a new car, it's probably the best way to drive a new car, if you don't want to drive a new car, then don't lease one, simple! You must take out additional GAP insurance use ala.co.uk, otherwise if you have an accident you'll lose the upfront fee and you'll owe thousands to replace the car if it's written off. The first rule of leasing is get GAP insurance.

    Lastly on a leasing thread NEVER NEVER NEVER NEVER NEVER (have you got this?) ask these questions >

    Do I own the car when the lease end? NO NO NO NEVER ASK THIS!

    I can buy a used car so what's so good about leasing? OH NOW YOU'VE ACTIVATED HULK MODE, NEVER ASK THIS NEVER DO IT! NEVER BE THIS STUPID, IF YOU ARE GET A BETTER DOCTOR AND GET IT SORTED, MAYBE TAKE A LOT OF FISH OIL OR SOMETHING, DON'T ASK THIS DAMN QUESTION!

    There you go that's my guide to leasing, if you're stupid and you know it don't comment on a lease thread, if you're stupid and comment on a lease thread then I and many others will inform you of your stupidity, have a nice day and when the red bloke is lit up don't cross the road!
    Holdsworth

    ​err I have an MSc in statistics - does that count? And as other more h … ​err I have an MSc in statistics - does that count? And as other more helpful comments have pointed out, the norm is the longer the lease, the less the monthly amount. Dude.



    Statistically it may count, what is your sample size?
    lookatmywadd

    BTW, that company is based around the North and Birmingham. Anything … BTW, that company is based around the North and Birmingham. Anything closer to the SE?



    Location doesn't usually matter, although this deal seems to not include delivery. Most leasing companies include mainland UK delivery. I had a vehicle delivered from Southampton up to Newcastle free of charge.
    Edited by: "iambigred" 5th Apr 2017
    Holdsworth

    ​err I have an MSc in statistics - does that count? And as other more h … ​err I have an MSc in statistics - does that count? And as other more helpful comments have pointed out, the norm is the longer the lease, the less the monthly amount. Dude.



    Ignore fishmaster, he's always grumpy and rude to other users generally.

    Obviously leases make sense if the costs of buying that car are less than leasing it, not sure why in this case the shorter lease costs less. This could be down to Motordepot being a big second hand dealer too, they want decent cars they can sell to people two/three/four years down the line, from a retailer standpoint it gives them two bites of the apple, three if they PCP the car to a new buyer in a few years and they decide to hand it back.

    All my data is from Parkers Guide.

    If we take 10,000 miles as your yearly mileage, rather than 8,000 (as you have to pay for that data).

    After two years and 20,000 miles this car will be worth £12,425, that's a drop of £11,575. A lease for the same terms is £5,362. That's over a 50% saving over buying this car. Scorchio from me.
    Edited by: "ollie87" 5th Apr 2017
    lookatmywadd

    Maybe not! You end up paying nearly 5K with nothing to show for it at … Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.


    If you want an electric car leasing's the sensible way to go at the moment, at least until they're more commonplace and development levels off. Case in point if I had a 2014 Leaf just coming off a lease I'd be itching to get the 2016 model with a 25% bigger battery. Can't retrofit the 2014 model with the bigger battery so as an owner I'd be unhappy.
    Banned
    I'd only ever lease high end cars, you shouldn't be leasing if you're making average earnings..£5k is a lot of money better spent on investments..
    ollie87

    Ignore fishmaster, he's always grumpy and rude to other users … Ignore fishmaster, he's always grumpy and rude to other users generally.Obviously leases make sense if the costs of buying that car are less than leasing it, not sure why in this case the shorter lease costs less. This could be down to Motordepot being a big second hand dealer too, they want decent cars they can sell to people two/three/four years down the line, from a retailer standpoint it gives them two bites of the apple, three if they PCP the car to a new buyer in a few years and they decide to hand it back.All my data is from Parkers Guide.If we take 10,000 miles as your yearly mileage, rather than 8,000 (as you have to pay for that data).After two years and 20,000 miles this car will be worth £12,425, that's a drop of £11,575. A lease for the same terms is £5,362. That's over a 50% saving over buying this car. Scorchio from me.



    Always is a generalisation that I'm not aware of me partaking in.
    CampGareth

    If you want an electric car leasing's the sensible way to go at the … If you want an electric car leasing's the sensible way to go at the moment, at least until they're more commonplace and development levels off. Case in point if I had a 2014 Leaf just coming off a lease I'd be itching to get the 2016 model with a 25% bigger battery. Can't retrofit the 2014 model with the bigger battery so as an owner I'd be unhappy.



    It's CampGareth! The chap with the decent computer hardware, how are you! See this is me being happy and nice because CampGareth is a decent person, not stupid and a generally good fellow So stick that in your pipe and smoke it Ollie87 because it tastes of Hermes 24 Faubourg and you'll enjoy it.

    So back to business, I thought of leasing a BMW i3 (yes I know they're ugly weird cars, get over it), but as usual with the UK, the charging infrastructure is still broken for electric cars, you now have to pay for charging, the charging points sometimes don't work, and are the wrong type, there's problems and there's range anxiety. How do you find using an electric car, if you're in a decent sized conurbation such as London or similar then I imagine it's not too bad, although many people have to park their car on a street and charging it up is almost impossible. I thought of too many issues for electric cars to be viable at the moment. I'm sort of glad diesel is getting a kick up the ass, the last diesel cars I ran were Citroen's (everything falls off, the suspension is amazing and the engines are the only thing left working), I plan on getting some more Citroen's but too many people are buying classic cars and investing in them now so the prices have skyrocketed.
    fishmaster

    For God's sake why do we get these comments on every leasing thread, why … For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!



    ​I like your thinking and want to subscribe to your newsletter.
    lookatmywadd

    Maybe not! You end up paying nearly 5K with nothing to show for it at … Maybe not! You end up paying nearly 5K with nothing to show for it at the end. If you spent 5K on a car it should last you more than 2 years and you could sell it on after.



    I think a large proportion of the country smoke costing over £200 a month and have nothing positive to show for it at the end of the month - me I prefer to drive a new car, but everyone is different and has different priorities.
    ollie87

    Scorching, not something I could see myself driving personally but a … Scorching, not something I could see myself driving personally but a really amazing deal.



    This is a poor man's Lexus?
    Zuulan

    This is a poor man's Lexus?



    Middle class Nissan.
    Will get cheaper soon with all the bad press about diesels.
    fishmaster

    For God's sake why do we get these comments on every leasing thread, why … For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!



    Well said
    fishmaster

    For God's sake why do we get these comments on every leasing thread, why … For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!



    Maybe it's different people asking. Just because an explanation has been posted somewhere before (on here, the forum, the internet somewhere) doesn't mean everyone ever has read and understood it.
    mittromney

    ​Generally that is the case. Longer term = cheaper monthly.



    shorter term is normally cheaper as there is more residual value still left in the car when it is handed back
    fishmaster

    Statistically it may count, what is your sample size?



    Is this significant to the thread? I think you are deviating from the standard, in all probability and inferring some bias, with your comment.
    Holdsworth

    Seems a good price, but as someone new to leasing, why would a longer … Seems a good price, but as someone new to leasing, why would a longer contract cost more? It seems more logical for the company to want you to keep it longer, not penalise you for it - or am I missing something?



    ​depreciation, residual value. it seems 2 years is the magic number. probably got something to do with typical 3 year warranty.
    It doesn't look like maintenance is included. Would I need to pay for regular services as a condition of the lease? I'm looking at the 25k miles per yr over 3 years, what happens when the manufacturer gauarntee runs out (usually at 60k miles)
    shatteredneon

    It doesn't look like maintenance is included. Would I need to pay for … It doesn't look like maintenance is included. Would I need to pay for regular services as a condition of the lease? I'm looking at the 25k miles per yr over 3 years, what happens when the manufacturer gauarntee runs out (usually at 60k miles)



    Simple if you have a phone and most people do, call the lease company and ask them, no need to be afraid, they're a business and want your money as much as any other business.
    shatteredneon

    It doesn't look like maintenance is included. Would I need to pay for … It doesn't look like maintenance is included. Would I need to pay for regular services as a condition of the lease? I'm looking at the 25k miles per yr over 3 years, what happens when the manufacturer gauarntee runs out (usually at 60k miles)



    Maintenance is an added extra, terms of warranty and lease will be that the vehicle requires to be serviced (usually dealer) as per the logbook. If you lease for longer/drive further than the warranty then you will be liable for all repairs, MOT etc.

    For God's sake why do we get these comments on every leasing thread, why … For God's sake why do we get these comments on every leasing thread, why do you people never learn? Never understand, the human race is doomed I tell you and it's because people just do not understand leasing and even when you explain it, they still go yeah but I can buy a two year old car...meh meh meh. You don't understand you probably never will just drop it and do something else!



    So you're one of those people who has to be seen to be driving a nice car so you can feel better about yourself? And you're telling me I'm hopeless?
    Rickardo

    Is this significant to the thread? I think you are deviating from the … Is this significant to the thread? I think you are deviating from the standard, in all probability and inferring some bias, with your comment.



    You can talk about standard deviations as much as you like but we all know statistics = manipulation of facts using numbers, so no, it doesn't count as mathematics
    What's the excess mileage charge on this please ?
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