Unfortunately, this deal is no longer valid
Jaguar Ipace S EV 36 month lease £449pm, with £449 upfront - Total cost £16,613 at inchcape.co.uk
-105° Expired

Jaguar Ipace S EV 36 month lease £449pm, with £449 upfront - Total cost £16,613 at inchcape.co.uk

72
Posted 24th Sep 2019

This deal is expired. Here are some options that might interest you:

Jaguar Ipace S EV 36 month lease £449pm, with £449 upfront. 6000 miles.

Currently all long range EVs are expensive. This is the cheapest 36 month lease for any long range EV. Cheaper than any Tesla, the Mercedes EQC and Audi Etron. Cheaper than the Kia E-Niro and cheaper than the Leaf 62.

This Jag won European car of the year in March 2019. 0-60 in 4.5 seconds. 4 wheel drive and has actual offroad ability, it has a large boot can drive 290 miles on wltp, real world people have been managing 200-230 miles.

Sadly my current lease has another 10 months to go so I don't need this but if it was 10,000 miles instead of 6,000 miles I would likely have ordered anyway and just tried to delay it by a couple of months so the overlap wasn't too large.
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Top comments
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Idiots eh. Obviously buying it at 64k and then selling it after 3 years for 32k (50% depreciation) makes much more sense.
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


The cost over 3 years is approx 25% the full cost of the vehicle, that is a quarter. That would mean keeping the car for 12 years to get the same value if you bought to own it. Who keeps the same car for 12 years, regardless if you own it or not? Not many people at all. So the logic here is very solid.

Have a car for 3 years, then exchange for a new model. Repeat process over 12 years. Total of 4 brand new cars every 3 years. Or, buy a car brand new keep the same one for 12 years until it is run into the ground and pretty much worthless. (This is all relevant to the price of the the cars that 'you personally' would normally buy)

Which is preferable in your opinion?

Of course, that does not take into consideration those who buy then sell, however depreciation on cars is so high, that the money you would lose over 3 years is higher than the cost of a lease (usually - in this case yes).

Again, which is preferable in your opinion?

Who are the 'fools'? Leasers or buyers?

Note: this does not include the truly savvy, the people who buy used. We know... they are just laughing at all us fools who have new cars period.

Great deal. Even if it is a bit rich for most people, that doesn't take away from the fact that this is a great deal. Heat from me op!
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Obviously.
jeffery24/09/2019 13:40

Really can't understand why they made it so ugly


To give you something to say?
72 Comments
Good deal, been looking for a decent electric car as my office have put in free charging while at work. Seen one of these and it looked pretty good as non tesla electric cars go.
Like the car but 6000 miles is no way enough for me or most people i would imagine unless its a second car for moving the kids around and shopping
Superb deal for a 64k car - even at 6k miles pa.
So good in fact I suspect a misprice
gavinbillington24/09/2019 12:26

Like the car but 6000 miles is no way enough for me or most people i would …Like the car but 6000 miles is no way enough for me or most people i would imagine unless its a second car for moving the kids around and shopping


It's not enough miles for me. I'm sure if someone was actually interested the dealer would give a quote for more miles. I imagine it would be very competitive. However as a deal by itself it is still really cheap for a £65,000 car.

The cheapest new Ipace on auto trader is £58400. You get the car for 3 years and pay £16600. That is 25.5% or 28.5% (depending on which new price you use) of the cars price spent on monthly payments. I am pretty sure the depreciation of most cars is around 40-55% in 3 years from RRP. This is roughly half that so it must be a very good value lease for someone.
Lol 16 grand for 3 years then hand it back , do people really do this ?
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Obviously.
gavinbillington24/09/2019 12:26

Like the car but 6000 miles is no way enough for me or most people i would …Like the car but 6000 miles is no way enough for me or most people i would imagine unless its a second car for moving the kids around and shopping


Average is more like 7k but i imagine a lot of people are fine with 6k.
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Welcome back. How was your trip to Mars??
kimlegend24/09/2019 13:26

Welcome back. How was your trip to Mars??


Be cheaper driving to Mars than this offer !
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Idiots eh. Obviously buying it at 64k and then selling it after 3 years for 32k (50% depreciation) makes much more sense.
Really can't understand why they made it so ugly
jeffery24/09/2019 13:40

Really can't understand why they made it so ugly


To give you something to say?
Cracking deal. FYI orders must be delivered within 90 days of order to qualify for this price.
ianjury24/09/2019 13:27

Be cheaper driving to Mars than this offer !


Doubt it!
Edited by: "CoeK" 24th Sep 2019
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


The cost over 3 years is approx 25% the full cost of the vehicle, that is a quarter. That would mean keeping the car for 12 years to get the same value if you bought to own it. Who keeps the same car for 12 years, regardless if you own it or not? Not many people at all. So the logic here is very solid.

Have a car for 3 years, then exchange for a new model. Repeat process over 12 years. Total of 4 brand new cars every 3 years. Or, buy a car brand new keep the same one for 12 years until it is run into the ground and pretty much worthless. (This is all relevant to the price of the the cars that 'you personally' would normally buy)

Which is preferable in your opinion?

Of course, that does not take into consideration those who buy then sell, however depreciation on cars is so high, that the money you would lose over 3 years is higher than the cost of a lease (usually - in this case yes).

Again, which is preferable in your opinion?

Who are the 'fools'? Leasers or buyers?

Note: this does not include the truly savvy, the people who buy used. We know... they are just laughing at all us fools who have new cars period.

Great deal. Even if it is a bit rich for most people, that doesn't take away from the fact that this is a great deal. Heat from me op!
ianjury24/09/2019 13:27

Be cheaper driving to Mars than this offer !


Sure is..That is precisely why I asked you about your recent trip :P :P lol
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?




Using time to troll threads they have no interest in, some people certainly seem to do that.
About £2.5k cheaper than the cheapest deal on leasing.com
This is one of the best EV deals around on one of the best EV’s I’ve not see a Tesla model 3 lease this cheap -a similar deal with an 18 month lease for 5000 miles a year for 18 months on this car was voted hot just under a year ago
obviously the things to check are -does it include VAT ?(it should because it’s a PCH) and what the excess mileage is ? (may be up to 30p a mile)
Edited by: "TryLean" 24th Sep 2019
huwy12324/09/2019 13:35

Idiots eh. Obviously buying it at 64k and then selling it after 3 years …Idiots eh. Obviously buying it at 64k and then selling it after 3 years for 32k (50% depreciation) makes much more sense.


Or buy a £16k second hand decent motor .. Run 6000m a year in it , keep it for 3 years , then sell it for £6-8k .. Making yourself that much better off..
plodging24/09/2019 18:31

Or buy a £16k second hand decent motor .. Run 6000m a year in it , keep it …Or buy a £16k second hand decent motor .. Run 6000m a year in it , keep it for 3 years , then sell it for £6-8k .. Making yourself that much better off..


A second hand fuel motor =/= a brand new luxury EV, though.
Decent. Leasing options has/had the top range HSE model at 21% of £75k p11d over 2 years.

Electric car is an absolute no brainer if you have an LTD company. I've enquired to see if I can order for delivery in April
plodging24/09/2019 18:31

Or buy a £16k second hand decent motor .. Run 6000m a year in it , keep it …Or buy a £16k second hand decent motor .. Run 6000m a year in it , keep it for 3 years , then sell it for £6-8k .. Making yourself that much better off..


2nd hand cars make a lot more sense in general... But you find me a 2nd hand long range (200+EPA or real world miles range) EV that is going to depreciate less than this in the next 3 years. PS the only 2nd hand options are the Kia E niro currently the only one on auto trader is a year old and selling at £36,000, which is more than it cost to buy new, or a Tesla model S/X. The cheapest S is 2014 100,000+ miles and is available for £30,000. The cheapest X is a 2017 and priced at £56,000. The only other long range EV that was available last year or before was the Hyundai Kona EV and it is too small for our family so I haven't checked out its prices. Anyhow with lots of new long range EVs coming out in 2020 and 2021 there is no way that the e-Niro is not going to lose a lot of value once it no longer had a 1 year waiting list. Both the Tesla's will almost certainly lose more than £16,000 in 3 years. The model S will be nearly 10 in 3 years time. There is no way a 10 year old model S sells for more than £10,000.

So yes I could buy 2nd hand Leaf with roughly 100 miles real world range for £16,000 and sell it for £5,000 3 years later but it does not do the range we require, it doesn't even have a steading wheel adjustable for reach, which is not much good when I am 6ft2 and my wife is 5ft1. So I would still be spending £11,000 and be getting a car that doesn't suit our size or desired driving range.
Edited by: "onlineo" 24th Sep 2019
This is a very cheap way of getting an ipace, 8k miles is £488 a month. Anyone voting this cold clearly doesn't understand depreciation vs leasing, this beats depreciation by a long shot, i'd expect to lose at least £25k in depreciation and possible finance costs if PCP, plus the saving in fuel equates to about £380-£400 a month for a £65k car, brilliant deal. Considering cancelling my egolf for one of these!
ianjury24/09/2019 13:12

Lol 16 grand for 3 years then hand it back , do people really do this ?


Would you rather PCP it and lose £30k in 3 years then hand it back? Brilliant comment... not!
huwy12324/09/2019 12:45

Superb deal for a 64k car - even at 6k miles pa.So good in fact I suspect …Superb deal for a 64k car - even at 6k miles pa.So good in fact I suspect a misprice


Nope got my quote from Inchcape today, it's real.
cracking deal, makes it cheaper than a basic model 3
Jaguar Ipace S EV 36 month lease £449pm, with £449 upfront. 6000 miles.


My quote is actually 1st month at £449 then 35 months at £449, so no deposit just 36 months @ £449. so £16,164 for 3 years.
Whats the excess mileage charge?
TryLean24/09/2019 21:21

Whats the excess mileage charge?


29.95p... expensive! Thus the extra mileage on my quote, works out at about 65% of that charge so cheaper to include in the monthlies.
The PCP on the “bargain” MG ZS EV Exclusive works out at £360 pm over 4 years (£3000 deposit £299 pm, 8000 miles pa) This is £90 more per month over 3 years I know it’s apples compared with oranges but I know where I‘d put my money.....

MG deal is +300 and this is -85 on HUKD -go figure
29.95p per mile XS means £500/mth will get you just over 8,000 miles pa.

Looks decent value to me.
Casperstorm24/09/2019 23:14

29.95p per mile XS means £500/mth will get you just over 8,000 miles …29.95p per mile XS means £500/mth will get you just over 8,000 miles pa.Looks decent value to me.


Phone them for a quote someone else has and they got offered £488pm on a 35+1 lease for 8000 miles per year.
Edited by: "onlineo" 24th Sep 2019
gavinbillington24/09/2019 12:26

Like the car but 6000 miles is no way enough for me or most people i would …Like the car but 6000 miles is no way enough for me or most people i would imagine unless its a second car for moving the kids around and shopping


6000 miles is enough, car would breakdown
Add in a single service (~£200 at 2yr/21k miles).

Tyres will maybe last 20-25k miles....
JoeSinghBilling24/09/2019 23:43

6000 miles is enough, car would breakdown


What do you think would break? Oil leak, oil filter, spark plugs, piston, belt, fuel pump, exhaust? Oh wait...
Adski98924/09/2019 20:46

Nope got my quote from Inchcape today, it's real.


I can’t understand why this deal is cold
huwy12325/09/2019 07:13

What do you think would break? Oil leak, oil filter, spark plugs, piston, …What do you think would break? Oil leak, oil filter, spark plugs, piston, belt, fuel pump, exhaust? Oh wait...


Anything it’s made in uk
TryLean24/09/2019 22:41

The PCP on the “bargain” MG ZS EV Exclusive works out at £360 pm over 4 yea …The PCP on the “bargain” MG ZS EV Exclusive works out at £360 pm over 4 years (£3000 deposit £299 pm, 8000 miles pa) This is £90 more per month over 3 years I know it’s apples compared with oranges but I know where I‘d put my money.....MG deal is +300 and this is -85 on HUKD -go figure




Difference is even smaller if you buy through an ltd company as I can offset against ncorporation tax 19% or whatever it is next year and reclaim 10% vat. With £100k net profit effectively this deal would cost me / company £13500 over the 3 years. Can barely get a diesel ford focus for that!
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