Toyota Auris 1.4 D-4D Icon Lease 24 months @ National Vehicle Solutions
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Toyota Auris 1.4 D-4D Icon Lease 24 months @ National Vehicle Solutions

149
Found 22nd Apr 2015
Bargain price for an economical 2 year lease! £1200 upfront and then £125 per month. £199 admin fee. 10k miles per annum.

DEAL NOW DEAD

149 Comments

Hot. Hate the car but love a lease deal on here... better than buying a lump of metal which loses money!

I have always bought my cars but after paying over £220 a month for the past 5 years to now have a car worth just over £1k I am looking at leasing. Are there any cons to look out for on these cheap lease deals that I see advertised?
Thanks

~£180 per month overall.

catg

I have always bought my cars but after paying over £220 a month for the … I have always bought my cars but after paying over £220 a month for the past 5 years to now have a car worth just over £1k I am looking at leasing. Are there any cons to look out for on these cheap lease deals that I see advertised?Thanks



- Transfer on/off of a private plate (if you have one, is an added expense)
- Large up-front payments making the deal look better than it is (always average it out over the entire period)
- Dents, scratches, general car condition inside and out when you hand it back (i.e. what payments do they take from you if any)
- Although a lease can look 'cheap', this one for example, is almost 4.5k over 2 years. It's worth considering what used cars you could buy for ~4k that are reliable and good on fuel, as they may last you 5 years and then still have some re-sale value (even if they don't, who cares as you would be quids in by then).

Just my thoughts!

I'd never lease a car. For the 4.5k you could get a very decent car and re-sell it if you have only done 40k on it!

Original Poster

What kind of decent car are you going to get for £4.5k and have less than 40k miles on it?

Isn't the point that you're not going to get a new car for £4.5k?

rob7bb

What kind of decent car are you going to get for £4.5k and have less than … What kind of decent car are you going to get for £4.5k and have less than 40k miles on it?




Depends how you define 'decent'.

I have no objections if people want to lease cars, it works for some, but the idea that all cars more than 12 months old are unreliable money pits is very wrong.

bargainbuyer29

I'd never lease a car. For the 4.5k you could get a very decent car and … I'd never lease a car. For the 4.5k you could get a very decent car and re-sell it if you have only done 40k on it!


I have done 80k in my 5 year old car so the resale is rubbish & have paid almost £14k over the 5 years so a lease car for me (obviously with more mileage allowance than this one) would cost me a lot less. My other option is to get a cheap, lower mileage older car. My daughter has just bought a 12yr old Clio for £700 which has only done 40k and it drives beautifully, much nicer than my 5 year old car!

Good price I'm paying £293 inc VAT for mine on a 14 plate brilliant in fuel (the 1.4 diesel ) but very cheaply made. I was at the automated car wash the other day for the first time with this car and water came in from the windows seals, twitters and even the air vent!!! Cabin noise is very bad as you feel the windows are open! Have owned toyotas nearly whole my driving life but this will be the last one unless of the New Supra (FT1) comes out eventually

Banned

masliya

Good price I'm paying £293 inc VAT for mine on a 14 plate brilliant in … Good price I'm paying £293 inc VAT for mine on a 14 plate brilliant in fuel (the 1.4 diesel ) but very cheaply made. I was at the automated car wash the other day for the first time with this car and water came in from the windows seals, twitters and even the air vent!!! Cabin noise is very bad as you feel the windows are open! Have owned toyotas nearly whole my driving life but this will be the last one unless of the New Supra (FT1) comes out eventually



That's strange my daughter has one and for a relatively small engined car I thought it was pretty quiet on the motorway.

Comment

masliya

Good price I'm paying £293 inc VAT for mine on a 14 plate brilliant in … Good price I'm paying £293 inc VAT for mine on a 14 plate brilliant in fuel (the 1.4 diesel ) but very cheaply made. I was at the automated car wash the other day for the first time with this car and water came in from the windows seals, twitters and even the air vent!!! Cabin noise is very bad as you feel the windows are open! Have owned toyotas nearly whole my driving life but this will be the last one unless of the New Supra (FT1) comes out eventually



You're paying how much?!! No disrespect but that is an awful deal you got there!

themanthatcan

CommentYou're paying how much?!! No disrespect but that is an awful deal … CommentYou're paying how much?!! No disrespect but that is an awful deal you got there!


Sounds to me like that's to own it not to rent it. So depends on the term if it is an awful deal or not and unless you are psychic you don't know.

Is this one of those personal leases that you either have to be a director of a company or in receipt of business mileage? Was tempted by a previous deal and that was the criteria for a 'personal' lease. Never quite understood that

£150 admin fee on top in t and c

bargainbuyer29

I'd never lease a car. For the 4.5k you could get a very decent car and … I'd never lease a car. For the 4.5k you could get a very decent car and re-sell it if you have only done 40k on it!



If it appreciates - buy it
If it depreciates - lease it

That is an unbelievable deal. Hot!

m5rcc

If it appreciates - buy itIf it depreciates - lease it



Well it depends on the deals, surely. All lease deals aren't better options than buying. Life's not that black and white.


Edited by: "Rotoq" 23rd Apr 2015

Rotoq

Well it depends on the deals, surely. All ease deals aren't better … Well it depends on the deals, surely. All ease deals aren't better options than buying. Life's not that black and white.



It's a general rule.

I'd only lease personally if the lease is less than the depreciation of the same car, over the same period.

Leasing is sometimes cheaper, not always.

I'm looking at Focus ST's. The lease deals are based on list price, but if buying you can easily get 25% off. So a lease works out more expensive than 'buying' on a PCP deal and handing it back after 2yrs

rob7bb

What kind of decent car are you going to get for £4.5k and have less than … What kind of decent car are you going to get for £4.5k and have less than 40k miles on it?


£4000 will get you the same car, 8 years old with 25,0000 miles
For example, See: autotrader.co.uk/cla…e=p

If you sell it after 24 months with average miles consumption, assuming 50% depreciation over 2 years (worse case scenario), I would guess you could easily sell the car for £2,000.

Therefore net cost over 24 months is £2,000 (compared to leasing over 24 months at a cost of £4275).

Edited by: "abs" 23rd Apr 2015

Leasing is not cheaper. People leasr because they dont have the upfront wonga to buy a car. These people who lease then compare their payments vs someone with cash against a brand new car. Most people with cash would never buy a new car. If they want a new ish car they will probably buy one that is around 3 years old at 50% of list price. Cars are probably the only product where owning new most likely means you are poor.

skinnyman9000

Leasing is sometimes cheaper, not always.I'm looking at Focus ST's. The … Leasing is sometimes cheaper, not always.I'm looking at Focus ST's. The lease deals are based on list price, but if buying you can easily get 25% off. So a lease works out more expensive than 'buying' on a PCP deal and handing it back after 2yrs


Exactly - it's all about getting a lease on the right car.

I tend to find that the best deals are on the cars that are not normally discounted a huge amount, so then you look at the total term and what depreciation would be and go from there.

I've just ordered a Leon FR 184 on 1+23 at £240p/m with 10k p/a and maintenance. Suits me with the small up-front payment and a reasonable monthly cost and would almost certainly depreciate to the same amount in the same time period. Plus, it's a new car (never had a new car before now) and that carries some of it's own benefits to some.

This is a great deal on the face of it, so heat from me. People who want second hand instead for the same money, go ahead! If you don't like a lease deal, don't worry about it - just don't post about it unless you have a better comparable deal

ukbondraider

Leasing is not cheaper. People leasr because they dont have the upfront … Leasing is not cheaper. People leasr because they dont have the upfront wonga to buy a car. These people who lease then compare their payments vs someone with cash against a brand new car. Most people with cash would never buy a new car. If they want a new ish car they will probably buy one that is around 3 years old at 50% of list price. Cars are probably the only product where owning new most likely means you are poor.


Troll much? Or just don't understand a lease? X)

For 7k you could probably buy a mint 3 yr old Auris.

lovelybeer

Troll much? Or just don't understand a lease? X)



Of course I understand leasing. It the thing that allows people to buy range rovers and park it outside their terrace houses

All cars are not an endless money pit. This year I sold my Alfa 147 Diesel for £650. I bought it 6 years ago for £3700. My average repair bill has been under £200, only serviced every other year at £200 a time and 6 mot's at £40 average. So my average spend was just over £1k per year.
When we did the maths my wife had spent £600 per year on her Corsa she owned for 8 years!
I have now bought a golf for £6k that I hope to keep for 1 year and resell for £6k-7k, hopefully with a small scratch repair bill.

Leases can be a good deal, in fact I think this one is fairly good, but the only lease I would be interested in are the ones that average under £140pm!

abs

£4000 will get you the same car, 8 years old with 25,0000 milesFor … £4000 will get you the same car, 8 years old with 25,0000 milesFor example, See: http://www.autotrader.co.uk/classified/advert/201503121655780/sort/default/make/toyota/price-from/3000/channel/cars/model/auris/postcode/le25sh/radius/1500/onesearchad/used%2Cnearlynew%2Cnew/usedcars/page/1/maximum-mileage/up_to_30000_miles/price-to/4500?logcode=pIf you sell it after 24 months with average miles consumption, assuming 50% depreciation over 2 years (worse case scenario), I would guess you could easily sell the car for £2,000.Therefore net cost over 24 months is £2,000 (compared to leasing over 24 months at a cost of £4275).



Assumptions are great, but, you need to add in road tax and MOT for starters. Let's assume, £100 a year tax average and £50 MOT. So £150 per year over two years = £300 more cost that a new lease car doesn't incur.

Another assumption - a 4 year old car is more likely to need tyres, brake discs and pads at that age. Insert your own costs here really. It's not to poo-poo your logic, but simply that there are benefits to both.

Luck comes down to it for used cars (and new) sometimes, so while assumptions are great on paper, the risks are still there. (point being that new cars have warranty for things that you would otherwise potentially have to pay to fix yourself on a used car)

donslibi

- Transfer on/off of a private plate (if you have one, is an added … - Transfer on/off of a private plate (if you have one, is an added expense)- Large up-front payments making the deal look better than it is (always average it out over the entire period)- Dents, scratches, general car condition inside and out when you hand it back (i.e. what payments do they take from you if any)- Although a lease can look 'cheap', this one for example, is almost 4.5k over 2 years. It's worth considering what used cars you could buy for ~4k that are reliable and good on fuel, as they may last you 5 years and then still have some re-sale value (even if they don't, who cares as you would be quids in by then).Just my thoughts!


Ah, the old "get a ~4k banger and you saved some money" argument...
Of course you forget the ~4k banger will need servicing right away, MOTs every year, road tax, maybe breakdown cover... all of those are included/not needed in the case of a brand new car.
And it is not just that you have to pay for an MOT, it is also the time and hassle involved...
for some it might involve taking a day off from work.

And of course you will save more money by driving a brand new economical car (most lease deals are for diesel cars if you noticed) while your ~4k car will probably be using older tech and eat more fuel, and of course not sure how many people are still courageous enough to buy a 2nd hand diesel these days...

And of course if you try to sell the old banger at the end of the period be prepared to pay to advertise, pay to prepare the car, and than deal with the tyre kickers. Again time and hassle.

I got a lease on the sport version of this car. After owning a car which was going to have repair bills more than the car was worth, I decided I wanted 3 Years of trouble free motoring.

ukbondraider

Of course I understand leasing. It the thing that allows people to buy … Of course I understand leasing. It the thing that allows people to buy range rovers and park it outside their terrace houses


Exactly, you're a troll. Or have a serious chip on your shoulder.

It's okay if you don't understand that the payments on a lease are often less than the depreciation that someone would incur on the same car. It's also okay if you like used cars.

Risk and reward. Some people like new things. Without them, you wouldn't be able to buy used things. Simple really.

abs

£4000 will get you the same car, 8 years old with 25,0000 milesFor … £4000 will get you the same car, 8 years old with 25,0000 milesFor example, See: http://www.autotrader.co.uk/classified/advert/201503121655780/sort/default/make/toyota/price-from/3000/channel/cars/model/auris/postcode/le25sh/radius/1500/onesearchad/used%2Cnearlynew%2Cnew/usedcars/page/1/maximum-mileage/up_to_30000_miles/price-to/4500?logcode=pIf you sell it after 24 months with average miles consumption, assuming 50% depreciation over 2 years (worse case scenario), I would guess your would easily sell the car for £2,000.Therefore net cost over 24 months is £2,000 (compared to leasing over 24 months at a cost of £4275).




Although I can see your logic, it's important to note that the old Auris is a lot worse than the new one. We are just trading in our 2007 Auris for a 2014 one at the same dealer the original came from. The new one is miles better than the old one and paying 2.2k over 2 years to drive a car which is so much better isn't a bad deal, in my opinion.

I don't think people lease cars just because it is cheaper. Some people like to drive a brand new car that nobody else has driven. They are willing to pay thousands more than the second-hand buyer for that privilege. I am not of that preference but can see where those people are coming from and if I had enough money, I would probably do the same.
If I wanted to drive a new car (with the latest tech) every 2 years, lease seems the best hassle-free option. One could buy from the dealer on finance and then negotiate a trade-in and new car at the same dealer, but that's a lot of headache too.
Edited by: "mdmuddin" 23rd Apr 2015

As usual with leasing deals:
- the "deposit" is an initial payment, no, you will not get it back
- road tax is included in the price, (you don't pay any)
- you have to arrange your own insurance just like with any other car
- you should look into getting gap insurance (important if car is written off)
- maintenance is extra (usually about £10 a month for a fully maintained)
- you get free breakdown cover
- you will not own the car. You hand it back at the end of the contract, fair wear and tear is accepted.
An approximate guide here: whatcar.com/car…php
Another one here, based on BVRLA standard (industry guidelines): knowlesfleet.co.uk/Doc…pdf
Another very helpful link, DIY LEase Return Inspections: clean-image.co.uk/lea…htm

1on4

Depends how you define 'decent'. I have no objections if people want to … Depends how you define 'decent'. I have no objections if people want to lease cars, it works for some, but the idea that all cars more than 12 months old are unreliable money pits is very wrong.


Modern diesel cars do prove very unreliable and I think nobody mentioned a 12 months old car but more like cars that are older than 6years (what else could you get for ~4k?).

So you are just build a straw-man argument mentioning 12 months old cars.

abs

£4000 will get you the same car, 8 years old with 25,0000 milesFor … £4000 will get you the same car, 8 years old with 25,0000 milesFor example, See: http://www.autotrader.co.uk/classified/advert/201503121655780/sort/default/make/toyota/price-from/3000/channel/cars/model/auris/postcode/le25sh/radius/1500/onesearchad/used%2Cnearlynew%2Cnew/usedcars/page/1/maximum-mileage/up_to_30000_miles/price-to/4500?logcode=pIf you sell it after 24 months with average miles consumption, assuming 50% depreciation over 2 years (worse case scenario), I would guess you could easily sell the car for £2,000.Therefore net cost over 24 months is £2,000 (compared to leasing over 24 months at a cost of £4275).


hmm.. that is a petrol 8 years old car, you have to MOT it every year and pay road tax.

While on the leasing deal, probably no MOT, and no road tax to pay, and you will be saving a lot in fuel.
And of course you will be driving a brand new car, better safety, better tires, brake performance, cleaner interior etc

Can't see how you came up with the £2000 net cost. It is £180/year just in road tax, so net cost just went up to £2360. Let's say you pay £100/year MOT (some parts will need changing), cost is now £2560. And do you really expect to not have to replace anything on an 8 y.o. car? Some people prefer to not have to deal with that.

Oh, an no, I don't think you will sell a 10 y.o. Auris for £2000... you are not a dealer, as a private sale, you will be lucky to get £1500.
Edited by: "MaximusRo" 23rd Apr 2015

rob7bb

What kind of decent car are you going to get for £4.5k and have less than … What kind of decent car are you going to get for £4.5k and have less than 40k miles on it?



That's not what he said, he said get a car and sell it after you've done 40k in it.

donslibi

- Transfer on/off of a private plate (if you have one, is an added … - Transfer on/off of a private plate (if you have one, is an added expense)- Large up-front payments making the deal look better than it is (always average it out over the entire period)- Dents, scratches, general car condition inside and out when you hand it back (i.e. what payments do they take from you if any)- Although a lease can look 'cheap', this one for example, is almost 4.5k over 2 years. It's worth considering what used cars you could buy for ~4k that are reliable and good on fuel, as they may last you 5 years and then still have some re-sale value (even if they don't, who cares as you would be quids in by then).Just my thoughts!


Ahhh the used car non argument once again!

If someone was in the market for a new TV you wouldn't suggest a fridge to them would you?

Leases are the cheapest way to drive a NEW car, yeas you don't own it but so what? You don't own the money lost in depreciation on a purchased car either so get over it and move on...

ukbondraider

Leasing is not cheaper. People leasr because they dont have the upfront … Leasing is not cheaper. People leasr because they dont have the upfront wonga to buy a car. These people who lease then compare their payments vs someone with cash against a brand new car. Most people with cash would never buy a new car. If they want a new ish car they will probably buy one that is around 3 years old at 50% of list price. Cars are probably the only product where owning new most likely means you are poor.


Utter rubbish! Deposits depends on your credit rating, good enough n you could drive away with no deposit on some models or less than £200 on others!

lovelybeer

Assumptions are great, but, you need to add in road tax and MOT for … Assumptions are great, but, you need to add in road tax and MOT for starters. Let's assume, £100 a year tax average and £50 MOT. So £150 per year over two years = £300 more cost that a new lease car doesn't incur.Another assumption - a 4 year old car is more likely to need tyres, brake discs and pads at that age. Insert your own costs here really. It's not to poo-poo your logic, but simply that there are benefits to both.Luck comes down to it for used cars (and new) sometimes, so while assumptions are great on paper, the risks are still there. (point being that new cars have warranty for things that you would otherwise potentially have to pay to fix yourself on a used car)


Nah, for that particular car, road tax is £180/year

m5rcc

If it appreciates - buy itIf it depreciates - lease it



Devalues, not depreciates.
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