Peugeot 207 Just Add Fuel ONLY £179.00 per month
-243°Expired

Peugeot 207 Just Add Fuel ONLY £179.00 per month

43
Found 11th Sep 2011
Fab monthly deal!!

You get:

-The car
-Insurance
-Roadside cover
-Servicing
-Road tax

All provided for the 3 year lease period for a mere £179 per month!!

1st payment £1533.00

43 Comments

what model?
what age restriction on insurance?
what type of lease?
what mileage restriction?
is this a main dealer deal?

Just don't go over the horrendously low annual mileage limit or you will end up with a massive bill at the end. (about 5k miles p.a.)

Its a car lease isn't it?

Just reread. Too early.

"Just add fuel"
"All for 179 per month!"
Hang on a minute.
plus £1533
divide that by 36 months = another £42 per month
= £221 total per month
= £7956 for 3 years, at the end of which you have nothing to show for it since you give the car back

So you're paying £8000 to lease a car for 3 years.....wow wot a bargain!!!

Original Poster

reakt

"Just add fuel""All for 179 per month!"Hang on a minute. plus £1533 … "Just add fuel""All for 179 per month!"Hang on a minute. plus £1533 divide that by 36 months = another £42 per month= £221 total per month= £7956 for 3 years, at the end of which you have nothing to show for it since you give the car back


But including all the extra costs it is a good deal!

A loan for £8k @6.3%APR (Nationwide headline rate if you can get it) would be £245 a month.

Most people pay out monthly for a car these days, bank loan, dealer finance etc.

Leasing is an increasingly popular way of doing it thats all! And this deal has all the extra driving costs included in one convenient price

Geo77

But including all the extra costs it is a good deal!A loan for £8k … But including all the extra costs it is a good deal!A loan for £8k @6.3%APR (Nationwide headline rate if you can get it) would be £245 a month.Most people pay out monthly for a car these days, bank loan, dealer finance etc.Leasing is an increasingly popular way of doing it thats all! And this deal has all the extra driving costs included in one convenient price


Its a great deal for young drivers. Insurance can cost this alone.



Geo77

But including all the extra costs it is a good deal!A loan for £8k … But including all the extra costs it is a good deal!A loan for £8k @6.3%APR (Nationwide headline rate if you can get it) would be £245 a month.Most people pay out monthly for a car these days, bank loan, dealer finance etc.Leasing is an increasingly popular way of doing it thats all! And this deal has all the extra driving costs included in one convenient price



Yes, increasingly popular with dealers cos they're the ones that make out of this...
Infact it sounds like you're one yourself!!

btw road tax is first year only.

oddballjamie

Its a great deal for young drivers. Insurance can cost this alone.




No.............read T&C minimum age 25 or 30 years!!

Original Poster

I am certainly not a dealer!

I am a store manager for Aldi Stores Ltd.

I just think this is a good deal! We own 1 car and lease another and I think I will change to this kind of all in deal next time.

Sorry if you don't agree with me.

sonnymejim

Yes, increasingly popular with dealers cos they're the ones that make out … Yes, increasingly popular with dealers cos they're the ones that make out of this...Infact it sounds like you're one yourself!!



I am certainly not a dealer!

I am a store manager for Aldi Stores Ltd.

I just think this is a good deal! We own 1 car and lease another and I think I will change to this kind of all in deal next time.

Sorry if you don't agree with me.

Geo77

But including all the extra costs it is a good deal!A loan for £8k … But including all the extra costs it is a good deal!A loan for £8k @6.3%APR (Nationwide headline rate if you can get it) would be £245 a month.Most people pay out monthly for a car these days, bank loan, dealer finance etc.Leasing is an increasingly popular way of doing it thats all! And this deal has all the extra driving costs included in one convenient price


OK, so for a finance deal it's quite good, however in my opinion it's not a hot deal sorry.

Original Poster

Looking at the freezingness of this deal I may have to look elsewhere!

Thats what I love about HUKD, it's a great sanity checker!!!

Geo77

Looking at the freezingness of this deal I may have to look elsewhere! … Looking at the freezingness of this deal I may have to look elsewhere! Thats what I love about HUKD, it's a great sanity checker!!!


Unfortunately not. I find that most people here are not happy to commit to long term contracts like this one. Take mobile phones as another example. Show me a deal that got voted hot that was for a 24 month contract or longer. People here like deals that a cheap and quick and easy without a commitment needed.

Seems like a bargain.Our insurance even at 25 is nearly £1000 a year. Plus road tax for three year included(in form of cheque)

Where does it say anything regarding mileage?
From just insurance and road tax i reckon we would get back £3000 of the 8k outlay.Then there servicing etc.
I would just like to know what happens with insurance if you smash it.

reakt

Unfortunately not. I find that most people here are not happy to commit … Unfortunately not. I find that most people here are not happy to commit to long term contracts like this one. Take mobile phones as another example. Show me a deal that got voted hot that was for a 24 month contract or longer. People here like deals that a cheap and quick and easy without a commitment needed.


No. The average HUKD'er likes, Xbox 360's and PS3's, Ann Summers sales and anything that sells for more on ebay.

"All Just Add Fuels car quotes are based on 6,667 miles per annum, however you can purchase additional mileage."

insurance:

"Minimum age 25 or 30 years on selected models, maximum age 75 years.All drivers must meet the driver eligibility criteria, which includes driving conviction, a minimum of 2 years NCD to use on the vehicle and claim restrictions. Excesses apply. 3 years Peugeot Motor Insurance will be provided and underwritten by UK Insurance Ltd , which is authorised and regulated by the Financial Services Authority. A guarantee may be required. Written quotations available on request from Peugeot Financial Services, Quadrant House, Princess Way, Redhill, RH1 1QA."

road tax:

"*The first year Road Fund Licence (RFL) is included in the on the road price. The Dealer will provide customers with a cheque equivalent to twice the current RFL cost. It is the customer’s responsibility to apply for RFL for years 2 and 3. Terms and conditions apply. Participating Dealers only."

when you take the deprieciation of a new car over three years plus all the other goodies chucked in like insurance,road tax etc i think its not a bad deal

but you still have nothing after 3 years,, and then start all over again for another £8000

I always use lease/hire purchase with mileage limitations. I never take any notice on the mileage, as when I decide I want to chop the car in you never walk in saying " I have this on your mileage limitation contract, what's my bill?" You need to go see what you want to buy next, sit down start negotiations for part exchange. Let them price you for the part ex, then tell them you want it paid to the financers to cancel out what maybe left as a final payment. All my previous cars I've done this and ended up with cash in my hand as a deposit for the new car. Never let the know you have the car leased or financed or you will never get the best deal. Obviously this is only if you don't have ridiculously high interest rates, average interest rates with no initial or a really low deposit on the car the depreciation pretty much stays equal to the amount owed to settle finance. I average 15k per year and this so far has worked for the past 8 years. Not knowing the finer details of this particular deal this may not be 100% sound advice, but mileage limitation aren't always the be all and end all of a deal. Dependent on what you wish to do with the car at the end. Also I will ad, you won't have to go to the same manufacturer either. Anywhere can settle most hp/leaseplan deals etc.

Just some of my experiences I've had, after some sketchy old motors breaking down this has been my chosen route for warrantied motoring with no worries

Not fully convinced of the pros to lease a car instead of buying a 2nd hand motor. I usually just buy a decent motor for a couple of grand, keep it a few years and flog it for something or run it into the ground.

if you cant afford it dont buy it is my motto! £8k over 3 years for leasing a rubbish car, rather pay £8k now and get something decent 2nd hand and after 3 years will still be worth around £4k.

I understand what you mean. I guess all things like this are down to the individuals needs and past experiences with 2nd hand cars. Previous to having new/nearly new motors the mrs broke down miles away from home, got recovered and ended up with a £800 bill for repairs. Waterpump failure so needed new cambelt etc too. This sum was alot to find out of no where. Now as she travels some distances with work I want to know shell get recovered for free the 1st year and then for the rest I'll take a policy out and then for 3 years I won't have to repair anything out of my pocket. Tyres the exception. My personal situation leads me to my advice on using these plans. It's not always for everyone

I'm not heat or cold with this one though...
Edited by: "angelsndemons" 11th Sep 2011

I've seen a number of comments on here saying that at the end you have nothing to show for your £8000, but I thought on all these schemes that you had the option to buy for a balloon payment at the end.

One quick google later reveals this:

marshallweb.co.uk/peu…kvw

£187.60 per month, with a lower initial deposit (£1000) - so cheeper overall. At the end of the 3 years £4669 to pay and you can keep the car. Admittedly this is likely to be the market value of the car after 3 years (depends on mileage and condition). But surely if you've gone over your mileage allowance and are going to be stung for excess charges, you could always buy the car and flog it on privately.

sorry cold

Didn't think it was that bad all in all, but the 6k annual miles kills it

How much per mile after that?

I own one car and lease another.
In answer to the 'nothing to show after 3 years' argument if you buy the car you have to allow for:
3 years insurance - nothing to show
3 years depreciation - nothing to show
3 years servicing - nothing to show
Road tax - nothing to show
Assuming you borrow the money to buy - 3 years interest with nothing to show

I am not proposing that leasing is for everyone and I am not voting either way but personally I am driving a far better car than I normally would be able to and I have no worries about it costing me a fortune in repairs.

MerlinsMate

I've seen a number of comments on here saying that at the end you have … I've seen a number of comments on here saying that at the end you have nothing to show for your £8000, but I thought on all these schemes that you had the option to buy for a balloon payment at the end.



Nope because Peug is offering a Lease. You don not have a option to buy it. You are thinking of a PCP. This is with a balloon or a Gmfv that you can pay at the end to own it.

Also if you take a lease and you go over the miles allocated you HAVE to pay the miles in a bill. If you have taken a PCP then you can get away with going over and not paying etc because you are Px'in the car and can use equity etc. On a lease you hand it back and dont get access to any equity.

Good deal ? Er...No.... No it isn't.

Banned

luminox

but you still have nothing after 3 years,, and then start all over again … but you still have nothing after 3 years,, and then start all over again for another £8000


Do you understand the concept of leasing?
Let me give you something to think about that might help:

You buy a brand new car for £30000. After 3 years you sell it for £20000. Your bank account is down £10000 - i.e. it cost you £10000 to have that new car for 3 years before you sold it.

Now you need to consider if leasing a similar car for 3 years will cost you more or less than the £10000 the brand new car cost you.

Leasing isn't for everyone. In most case you would be better off with a 3 year old second hand car (LOL, probably the very same car that someone else just leased or bought for 3 years).
However, for those who a new car is a requirement then leasing is definately a valid option to consider.

howbord

I own one car and lease another.In answer to the 'nothing to show after 3 … I own one car and lease another.In answer to the 'nothing to show after 3 years' argument if you buy the car you have to allow for:3 years insurance - nothing to show3 years depreciation - nothing to show3 years servicing - nothing to showRoad tax - nothing to showAssuming you borrow the money to buy - 3 years interest with nothing to showI am not proposing that leasing is for everyone and I am not voting either way but personally I am driving a far better car than I normally would be able to and I have no worries about it costing me a fortune in repairs.



1: You are a fan of leasing and yet not voting? Says it all (about this deal). Do you pay a similar amount for your lease?

2: Add up all the bits where an owner has nothing to show. Does it add up to 8k? In my case no, so it wouldn't be worth it. If you buy new / want a new car - it might just about be worth it. But who buys new (without nmassive company discounts?)

lease/contract hire can be very expensive at the end if there's any damage on the car, wheels or interior, no matter how slight, you'll pay
found this out when I had a car on a 2 year lease, stupid idea, £3k and nothing to show for it
when it went back I bought a 3.5y/o car for £3k and sold it 2 years later for £2k...

if it was like the Citroen Saxo deal, back in the day, when the insurance covered 17y/o's then it would be a great deal, but it's not, so cold

u could buy a car with the 8K then sell it after 3 years making a profit .....cold from me...

GREAT DEAL, I PAY 4000 A YEAR FOR MY INSURANE AS I AM A NEW DRIVER

AND YOU CAN ADD UP TO 3 ADDITIONAL DRIVERS SO THAT WORKS OUT REALLY CHEAP

angelsndemons

I always use lease/hire purchase with mileage limitations. I never take … I always use lease/hire purchase with mileage limitations. I never take any notice on the mileage, as when I decide I want to chop the car in you never walk in saying " I have this on your mileage limitation contract, what's my bill?" You need to go see what you want to buy next, sit down start negotiations for part exchange. Let them price you for the part ex, then tell them you want it paid to the financers to cancel out what maybe left as a final payment. All my previous cars I've done this and ended up with cash in my hand as a deposit for the new car. Never let the know you have the car leased or financed or you will never get the best deal. Obviously this is only if you don't have ridiculously high interest rates, average interest rates with no initial or a really low deposit on the car the depreciation pretty much stays equal to the amount owed to settle finance. I average 15k per year and this so far has worked for the past 8 years. Not knowing the finer details of this particular deal this may not be 100% sound advice, but mileage limitation aren't always the be all and end all of a deal. Dependent on what you wish to do with the car at the end. Also I will ad, you won't have to go to the same manufacturer either. Anywhere can settle most hp/leaseplan deals etc. Just some of my experiences I've had, after some sketchy old motors breaking down this has been my chosen route for warrantied motoring with no worries




so if the dealer asks you if the part exchange is leased, you would lie and say no?

Just add fuel? That's the most expensive part of owning a car these days. If it came with free fuel and a chauffeur, i'd go for it.

Just Add **** they could call it (seems what most chauffeur driven cars have in them anyway).

Lease Option
First Payment = £1,500
179x36 = £6,444
Total £7,944
Equiv Monthly £221


Buy Option
WhatCar Target price £8,990
Yr1 depreciation -£1,798
Yr2 depreciation -£1,438
Yr3 depreciation -£1,151
Depreciation -£4,387
Resale value £4,603

Interest on £9k loan £900
servicing £1,000
Breakdown cover £200
Insurance £1,000
Road Tax £390
Total £7,877
Equiv Monthly £219

So more or less equivalent to buy or lease it. Advantage of the lease is the flat monthly cost.
Buying it you have to pay out more to start off with then recoup at the end when you sell. £275/ month on the loan and the blips of servicing, insurance etc.

sonnymejim

Yes, increasingly popular with dealers cos they're the ones that make out … Yes, increasingly popular with dealers cos they're the ones that make out of this...Infact it sounds like you're one yourself!!


read the terms and conditions. no way would this be available to young drivers.... my first year insurance was 180 a month (though paid for it annually)
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