Lexus IS 300h Hybrid lease 8000 miles, 24 months @ £219.99 /  £6529.71 (£7835.65) @ Contract Hire & Leasing -  business only
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Lexus IS 300h Hybrid lease 8000 miles, 24 months @ £219.99 / £6529.71 (£7835.65) @ Contract Hire & Leasing - business only

8
Found 29th Aug 2014
I've been on the lookout for a new car ~ £25k or so. Spotted this on a lease comparison and looks quite decent. Its cheaper to lease than a Lexus CT!

The recent golf R and focus deals were good in their own right, but if you want a bit of luxury and something different to a 3 series (which admittedly are excellent) then this might be worth a look.

This is for business only, personal users have a larger price even with VAT. £220+VAT a month for 23 months, and £1320 upfront. 8000 miles.

Still has decent performance, quiet and comes with plenty of equipment (cruise, heated seats, start button, sat nav etc) and comfy leather seats. Officially over 60mpg, but 50 more realistic.

Total cost is £6529.71 (£7835.65) / avr £272.07 (£326.48) a month over the 2 years inc document fee. Considering its £28k brand new and lexus for some reason still have poor residuals, this will be less than the cost of depreciation and imo what makes this a deal.

Not expecting this to go hot, just a reminder that there are other cars to consider other than a 3 series, s4 or golf

Edit - Link seems to have changed

contracthireandleasing.com/car…94/

8 Comments

its not an LS is it?

It's an IS. Nice car but the hybrid takes some getting used to . Better than most of the modern German diesels and certainly an improvement on the Lexus 220d, MPG and reliability wise.
Better for town driving than a diesel but not so good on a run

Obvious comment; but it's a shame it's business only. Would have been a good personal price.

Why do deals like this specify "business only?"

Original Poster

peterfoster

Why do deals like this specify "business only?"



Because you can't get it at this price unless you own a co, have a company car allowance or are a director. Usually for private individuals they just pay the price + vat, however in this instance it costs more.

Compared to this, its a good deal

hotukdeals.com/dea…830

Suppose it serves me right for posting on a friday

jaydeeuk1

Because you can't get it at this price unless you own a co, have a … Because you can't get it at this price unless you own a co, have a company car allowance or are a director. Usually for private individuals they just pay the price + vat, however in this instance it costs more.Compared to this, its a good dealhttp://www.hotukdeals.com/deals/lexus-300h-executive-edition-4dr-cvt-auto-1-871-93-upfront-259-99-business-311-99-1963830Suppose it serves me right for posting on a friday



Thanks for responding. But why have deals which only relate to those who "own a co, have a company car allowance or are a director?" Why not just have deals which anyone can take up if they so choose. What difference does it make to the leasing company whether or not I am a private individual or wish to take out a lease in the name of my company?

Original Poster

peterfoster

Thanks for responding. But why have deals which only relate to those who … Thanks for responding. But why have deals which only relate to those who "own a co, have a company car allowance or are a director?" Why not just have deals which anyone can take up if they so choose. What difference does it make to the leasing company whether or not I am a private individual or wish to take out a lease in the name of my company?



Ask the lease company that, i've no clue. Think there was a golf thread not long ago where a load of orders were cancelled as they were made by private individuals and the offer was for business users.

Added the deal because there are a number of people on here who are directors like myself, or company owners etc, so its one for them. People post deals only relevant to people on benefits, so i'm balancing things up a bit.

Original Poster

lhurren

Obvious comment; but it's a shame it's business only. Would have been a … Obvious comment; but it's a shame it's business only. Would have been a good personal price.



Get down companies house, register as a business for £20 or whatever it costs, sign up to this and then close the company. Reminds me of that alan partridge sketch with the tax inspectors.
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