Jaguar I-PACE SUV 0.0 Electric 90kWh 400 S 5Dr Auto 18 month contract Deposit - £2699.91 17 monthly payments of - £299.99 Processing fee - £349.99 - £8149.73 @ 1st choice vehicle leasing
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Jaguar I-PACE SUV 0.0 Electric 90kWh 400 S 5Dr Auto 18 month contract Deposit - £2699.91 17 monthly payments of - £299.99 Processing fee - £349.99 - £8149.73 @ 1st choice vehicle leasing

144
Posted 14th Sep 2018
Ok, before the abuse starts.. I know leasing isn't for everyone. This debate has been raging for ages on HUKD, each to their own I guess. Me personally, I prefer to lease, you don't need to worry about depreciation, breakdowns, tax, M.O.Ts and above all you get the luxury of a brand new car every two years.

Anyway, IF, like me, you like the advantages of leasing, this deal is a corker.

Jaguar quoted me £650/month for this vehicle and promised "No discount - they're selling like hot cakes". So to get a £63,000 car for £299/month is quite frankly ludicrous.

Terms are as follows;

18 month contract
Deposit - £2699.91
17 monthly payments of - £299.99
Processing fee - £349.99
5k PA mileage allowance
Excess mileage fee 32p/mile so £320/1000 miles

Total cost of ownership - £8149.73

I don't know what the depreciation's going to be like on one of these things but on a £63k car after 18 months, it's gotta be touching £25k/£30k surely? Makes this very cheap motoring. Plus no weekly visits to the petrol station 300 mile range, probably, 200 mile real world.

I've ordered mine anyway so thought I'd share the love. If it's not for you, fair enough.

Vehicle available in white or black as standard.
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joel_692 m ago

the monthly payment is £299.99. I would imagine it's the average monthly …the monthly payment is £299.99. I would imagine it's the average monthly payment you're referring to which is largely irrelevant


It's the least irrelevant thing I have ever seen in my entire life.
Should note that the image in the OP will not be the one you'd get, the 'base' S model looks like this:

35208711-DDHNb.jpg

5k miles though.
*£63,000 car for £452.76/month
144 Comments
*£63,000 car for £452.76/month
pete19932 m ago

*£63,000 car for £452.76/month


He'll save about £8 a month on petrol/diesel though, so it's all good
£1.08 per mile, before the cost of charging!
pete19934 m ago

*£63,000 car for £452.76/month


Well no, if we're being pedantic (which it appears we are ), the monthly payment is £299.99. I would imagine it's the average monthly payment you're referring to which is largely irrelevant, I prefer to look at the cost over the whole term which is just over £8k. Bargain!
5k miles though.
joel_692 m ago

the monthly payment is £299.99. I would imagine it's the average monthly …the monthly payment is £299.99. I would imagine it's the average monthly payment you're referring to which is largely irrelevant


It's the least irrelevant thing I have ever seen in my entire life.
Should note that the image in the OP will not be the one you'd get, the 'base' S model looks like this:

35208711-DDHNb.jpg

Poverty spec S model. I'm out....
AzNDeals1 m ago

Should note that the image in the OP will not be the one you'd get, the …Should note that the image in the OP will not be the one you'd get, the 'base' S model looks like this:[Image]


God that's ugly - you literally wouldn't be able to give it away if it had a Dacia badge on it.
ezzer722 m ago

God that's ugly - you literally wouldn't be able to give it away if it had …God that's ugly - you literally wouldn't be able to give it away if it had a Dacia badge on it.


Have you seen one in the flesh? It's strangely unphotogenic for some reason - beautiful in person. I drove one last week, it's a stunner.

Beauty in the eye of the beerholder I guess
joel_698 m ago

Well no, if we're being pedantic (which it appears we are ), the …Well no, if we're being pedantic (which it appears we are ), the monthly payment is £299.99. I would imagine it's the average monthly payment you're referring to which is largely irrelevant, I prefer to look at the cost over the whole term which is just over £8k. Bargain!



pete199312 m ago

*£63,000 car for £452.76/month


I like leasing, though this seems like a lot of money for the pleasure of less than 100 miles a week
Edited by: "MoyesyRob" 14th Sep 2018
joel_691 m ago

Have you seen one in the flesh? It's strangely unphotogenic for some …Have you seen one in the flesh? It's strangely unphotogenic for some reason - beautiful in person. I drove one last week, it's a stunner.Beauty in the eye of the beerholder I guess


I haven't to be totally honest, but it would have to look a LOT better for someone to shell out £60k I reckon. I just hope the electrics on the electric car are better than the electrics on their petrols and diesels...
joel_699 m ago

Well no, if we're being pedantic (which it appears we are ), the …Well no, if we're being pedantic (which it appears we are ), the monthly payment is £299.99. I would imagine it's the average monthly payment you're referring to which is largely irrelevant, I prefer to look at the cost over the whole term which is just over £8k. Bargain!


Not being pedantic, just stating a fact.

However you want to break it down, it’s still £452.76/month.

Enjoy the car if you do chose to go with it.
MoyesyRob3 m ago

I like leasing, though this seems like a lot of money for the pleasure of …I like leasing, though this seems like a lot of money for the pleasure of less than 100 miles a week


On the plus point you will only have to charge it every two weeks!
Is this a good deal?

Well if you must have a long range SUV EV vehicle now then it is certainly cheaper than a Model X and you can't get hold of a Kona EV so in that sense it is a good deal.

Is it a good deal Vs it's petrol equivalent (if only taking fuel saving into account) probably not.
pete199315 m ago

Not being pedantic, just stating a fact.However you want to break it down, …Not being pedantic, just stating a fact.However you want to break it down, it’s still £452.76/month. Enjoy the car if you do chose to go with it.


It's also £1.03/minute, but no one cares about that either I just think the over all cost over term is the real sign of a deal or not.

Cheers mate, ordered mine a few days ago, can't wait! Made my M3 feel slow
tallphilc26 m ago

Poverty spec S model. I'm out....


Well, we've found our winner for the snobbiest comment of the day award! it may be entry level, but it's pretty well specced as standard and felt lovely in the cabin.

As a side note, is that a poverty spec maser 3200 I see in your profile pic?
AzNDeals33 m ago

Should note that the image in the OP will not be the one you'd get, the …Should note that the image in the OP will not be the one you'd get, the 'base' S model looks like this:[Image]



standard specifition is not basic so presuming you have not looked at spec !
AzNDeals39 m ago

Should note that the image in the OP will not be the one you'd get, the …Should note that the image in the OP will not be the one you'd get, the 'base' S model looks like this:[Image]


I just chose that image as it was white and the two standard colours are black and white. Wasn't aware there were visual differences (aside from slightly different headlights and wheel size) but if that's the SE in my picture I apologise.
lolmann19 m ago

standard specifition is not basic so presuming you have not looked at spec …standard specifition is not basic so presuming you have not looked at spec !


Didn’t say anything about the car being basic bar that the image in the OP isn’t representative of the one you’d get. Thank you for your wise words of wisdom, it is much appreciated.


joel_694 m ago

I just chose that image as it was white and the two standard colours are …I just chose that image as it was white and the two standard colours are black and white. Wasn't aware there were visual differences (aside from slightly different headlights and wheel size) but if that's the SE in my picture I apologise.


No need for an apology, just didn’t want you to get any hate down the line when people’s orders turn up looking like that and not the original image
joel_6947 m ago

Have you seen one in the flesh? It's strangely unphotogenic for some …Have you seen one in the flesh? It's strangely unphotogenic for some reason - beautiful in person. I drove one last week, it's a stunner.Beauty in the eye of the beerholder I guess



Can confirm, I spent a while staring at one IRL at Carfest North back in July.

Although, I've been reading about the Hyundai Kona - Similar sized SUV, similar range, and it comes in at around £30k after the UKGOV's £4.5k grant for such vehicles
Edited by: "wonkothesane" 14th Sep 2018
The SE at £10.4k for 18 months is a good "deal". Its a cutting edge £70k car with amazing reviews and one that would take a smashing on depreciation given the electric 2nd hand market and the pipeline of new electric Mercs, Audis and Evoques coming
redface6 m ago

The SE at £10.4k for 18 months is a good "deal". Its a cutting edge £70k c …The SE at £10.4k for 18 months is a good "deal". Its a cutting edge £70k car with amazing reviews and one that would take a smashing on depreciation given the electric 2nd hand market and the pipeline of new electric Mercs, Audis and Evoques coming


Totally agree, it was the SE spec I ended up going for as that gives leather, elec mirrors, elec boot etc and loads more. I just though in terms of a pure "bang for your buck" deal, £299/month for a family sized Porsche-beater is a steal!
May I ask why have you decided to go for an EV? Many people do it because of the cost saving over long term, however it's hard to justify it with 5k PA range and 18 month term.

Also, after 18 months and 7.5k miles, a £63 car would be worth much more than 'just' £25k-£30k, regardless of what make and model we're talking about. (even when you take into consideration that most of the cars are massively overpriced now, so that dealers can offer numerous discounts and make you feel like you did a deal of your life).

Also, remember you are dealing with a broker, not the motor company or their approved dealer. And that excess mileage charge is really high (and to be fair vast majority of us make more than 5k PA). I would also double check what is the penalty for not being able to maintain the payments - some companies ask you to pay up to 75% of the remaining instalments, whereas on PCP you can sell the car, settle finance and just take the hit of the difference between the two.

I wouldn't do it, but if it was an informed decision, then I'm happy for you. Enjoy your new car!
Edited by: "eboue" 14th Sep 2018
5k miles? You'd have to be a very occasional user.
The posh names they give to vinyl seats these days....
New to leasing, would you get the deposit back at the end of 18 months!?
kasey112 m ago

New to leasing, would you get the deposit back at the end of 18 months!?


No you won't. It's an up front balloon payment.
kasey115 m ago

New to leasing, would you get the deposit back at the end of 18 months!?


No, it's really just a larger first months payment
kasey117 m ago

New to leasing, would you get the deposit back at the end of 18 months!?


Basically the car is £450+ a month, the up front payment is a 'smokescreen' to make the car look a steal at £299 per month.
Just picked up today the volvo v40 t3 cross country with upgrade pack for £279 for 18mths no deposit nothing to pay till mth 1 payment is due. Nice car, but over £8k for 18mths!!! no thanks. Cold
rolandjustchillin10 m ago

Just picked up today the volvo v40 t3 cross country with upgrade pack for …Just picked up today the volvo v40 t3 cross country with upgrade pack for £279 for 18mths no deposit nothing to pay till mth 1 payment is due. Nice car, but over £8k for 18mths!!! no thanks. Cold


Pro rata this is probably cheaper.
I never understand the large initial payment or leases why not just added to the monthly term ?
Edited by: "snatch_master" 15th Sep 2018
You say 'to get a 63k car for 299 a month' which makes it sound great.
But put more realistically have the limited use of a 63 grand car for 18 months in exchange for over 8 grand.
And don't forget installation of charging point.
Edited by: "fireman1" 14th Sep 2018
ezzer724 m ago

Pro rata this is probably cheaper.


£5.022 So 40% or so cheaper
you can add extra miles on a lease car
fireman16 m ago

You say 'to get a 63k car for 299 a month' which makes it sound great. But …You say 'to get a 63k car for 299 a month' which makes it sound great. But put more realistically have the limited use of a 63 grand car for 18 months in exchange for over 8 grand.And don't forget installation of charging point.


I doubt anyone is handing over £63k in cash for these things and when a base Cayenne starts at £56k it just makes the list price seem further out of touch.

All done to make the monthlies look attractive. The 32p/mile excess mileage charge is stratospheric.
rolandjustchillin19 m ago

Just picked up today the volvo v40 t3 cross country with upgrade pack for …Just picked up today the volvo v40 t3 cross country with upgrade pack for £279 for 18mths no deposit nothing to pay till mth 1 payment is due. Nice car, but over £8k for 18mths!!! no thanks. Cold



yeh but its no electric - comparing apples with apples springs to mind ! and the Volvo list price is not even half this ! oh and it doesnt use any petrol which is taxed at 20% , enjoy the new car and hope you get the most out of the cross country trips
fireman18 m ago

You say 'to get a 63k car for 299 a month' which makes it sound great. But …You say 'to get a 63k car for 299 a month' which makes it sound great. But put more realistically have the limited use of a 63 grand car for 18 months in exchange for over 8 grand.And don't forget installation of charging point.


Installation of charging point Is (Or was last time I checked) heavily subsidised by government grants - mine was fitted for around £200 and you then have that charging point for life..

As for the limited use... I never keep a car for more than 2 years. I struggle past 1 year most of the time when I get bored or itchy feet and fancy a change. So how is the use of this any different? Granted I have a mileage limitation, but for me personally, that's enough. And if I go a little over, at £320/1000 miles it won't break the bank.

As with all lease deals it boils down to this. If you're happy to A. Run an older car or B. Buy new and keep it for 15 years, then leasing isn't for you. If, however, you like changing your car regularly and prefer new vehicles, with depreciation considered along with breakdowns, tax etc, leasing is a very viable option.

My last car was a 2012 62 plate Jag XJ portfolio. I bought it for £26000. Just less than 1 year later, it was worth £15k. Webuy offered me £13k!!!! And that's without taking into account breakdowns (I had a DPF warning light - luckily I didn't have to replace it as that would have been £2k alone), tax, M.O.Ts etc. For what I lost on that jag I could have leased a brand new one and been far better off!!
I inquired at a local dealer who couldn't match, and don't expect delivery before Easter. I'm too impatient to wait 6-7 months for a car.

Wonder why all the ipace deals are 18months though...

Don't see the problem with leasing, if £8000 is less than a months wage which if you're looking at a £60k+ car it probably will be it shouldn't be an issue.
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