Vauxhall Astra SRi 5dr - 17" alloys, cruise control, metallic paint option included, air con etc. - 24 month personal lease - 8k pa - £167 deposit & £167 per month  £4219.00 @ NVS
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Vauxhall Astra SRi 5dr - 17" alloys, cruise control, metallic paint option included, air con etc. - 24 month personal lease - 8k pa - £167 deposit & £167 per month £4219.00 @ NVS

118
Found 6th Jun 2015
A low payment for the 1st month which is always a bonus.

10,000 miles pa only £5.50 more per month.

£20.1k list price for the car (believe it or not).

1+23 payment profile. 24 monthly payments of £167.50. Admin fee of £199. Total payable £4219.

118 Comments

Price for 10k miles isn't bad either

Original Poster

VISHY

Price for 10k miles isn't bad either



Ta for this. Only £5ish more per month - have added info in OP.

Is insurance included?

coathanger

Is insurance included?



No

With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.

Needless to say, I voted cold, always have, always will.

tarryboy

Needless to say, I voted cold, always have, always will.



Care to explain how to buy this for less?

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.


Why buy the car for 20K brand new than sell it 24 months later for only 10K

Do the lease haters have auto reminders every time a deal is posted?
Edited by: "DLC" 6th Jun 2015

paulrfinlay

Care to explain how to buy this for less?

You're not buying it here though. You don't make sense.

Original Poster

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.



Thank you for stating the obvious.

Have you ever rented an apartment/car on holiday, a DVD, a computer game, a stripper on a stag/hen do, a van, a garage/storage space, a costume/suit, a bouncy castle for a party....?

When I booked a stripper for a hen do I was most disappointed I couldn't keep the man for £99.50 (inclusive of VAT).
Edited by: "karlie88" 6th Jun 2015

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.



If you hate these lease deals with a passion then why comment? You clearly don`t understand the nature of leasing then do you? If you were intelligent enough to work out the cost of depreciation of this new would be more than the cost of the lease then you might understand. Not everybody wants a 2nd hand car and some people like to change their car every few years and for that reason it is a good deal for a 20k car

Had one of these and it felt very underpowered. The Seat Leon I have now is much more punchier.
Lease deals are like marmite you either love them or hate them. you dont own the car but its new when you have it. But then again you can often buy used same car 2-3 year for not much more and then you still own the car after a year or two.

I think if you want a NEW car then these lease offers are a good deal because the value lost over the 1st 2 years would be equal to the cost of the lease. That said, as someone who doesn't own or want a brand new car, I really don't look at them and think "that's a great way of spending 4k"

Some people don't understand leasing. They clearly don't understand depreciation either. Otherwise they'd understand leasing. Learn depreciation, and come back and feel idiotic.

tarryboy

I don't care what kind of argument or reasoning you lease lovers come up … I don't care what kind of argument or reasoning you lease lovers come up with



You clearly do care. Or you wouldn't be commenting telling people how you don't care. lol.

Thanks, just got one.

Now I just need:

Mum/Dad/star/name tattoos to go along with it.

Then a couple of ASBOs and I'm a part of the club
Edited by: "KM4353" 6th Jun 2015

leasing is abhorred in this country by so many people. but a lease that includes warranty or maintenance is a far better way financially of getting a car than buying a depreciating asset that then coats you money to maintain. the only thing financially that makes sense to own is property, or vintage items as they appreciate in value. everything else you are being brainwashed by capitalism.

Always seems a waste, just like motability.

if there is maintenance or warranty for the two years included then this is an absolute steal if you like the car. I personally don't, but for those preaching about owning is best, I can prove to you you are wrong. I do it for a living.

Love leasing deals!

philstoker

if there is maintenance or warranty for the two years included then this … if there is maintenance or warranty for the two years included then this is an absolute steal if you like the car. I personally don't, but for those preaching about owning is best, I can prove to you you are wrong. I do it for a living.



Maintenance is not included on this. Can't see how much extra it would be either.

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.



The point of hukd is to find the cheapest of something. Now if this is the cheapest lease deal available for this car then it belongs here. I don't want must of the hot deals on here but I don't comment saying that on them all

Original Poster

philstoker

if there is maintenance or warranty for the two years included then this … if there is maintenance or warranty for the two years included then this is an absolute steal if you like the car. I personally don't, but for those preaching about owning is best, I can prove to you you are wrong. I do it for a living.



Warranty is included.

Maintenance isn't included - having said that it would only need 1 or 2 services. So unless it costs less than £10 per month - I don't see why you'd want a maintenance option (tyres could be swapped over at 8k).

For anyone interested in this deal some things to consider:

The 1.6 N/A this deal is based upon is shockingly bad to drive and isn't that great on fuel either. If you go petrol then the 1.4 Turbo is the one you want and is a good balance between performance/economy. 1.7 and 2.0 diesels are both good performance wise, however 2.0 has reports of bad economy.

I bought this model new in 2010 when it first arrived, it spent 7 weeks in 12 months of ownership sat at the dealership being repaired, had various things replaced including gearbox at less than 10k miles, and that had to be replaced again as the replacement was faulty. Dealer and customer care is shocking so be prepared for that if you have any problems.

Also the reason why this is now so cheap is that the new model astra has just been announced and is due in forecourts later this year, hence the now lower prices on leases.
Edited by: "lukedavies" 6th Jun 2015

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.


Who's claiming to?

Cold. Cheaper to build your own.

I like leasing, I hate leasing, I yawn at you all.

Original Poster

lukedavies

For anyone interested in this deal some things to consider:The 1.6 N/A … For anyone interested in this deal some things to consider:The 1.6 N/A this deal is based upon is shockingly bad to drive and isn't that great on fuel either. If you go petrol then the 1.4 Turbo is the one you want and is a good balance between performance/economy. 1.7 and 2.0 diesels are both good performance wise, however 2.0 has reports of bad economy.I bought this model new in 2010 when it first arrived, it spent 7 weeks in 12 months of ownership sat at the dealership being repaired, had various things replaced including gearbox at less than 10k miles, and that had to be replaced again as the replacement was faulty. Dealer and customer care is shocking so be prepared for that if you have any problems.Also the reason why this is now so cheap is that the new model astra has just been announced and is due in forecourts later this year, hence the now lower prices on leases.



I realise the engine may not be the best - but I haven't seen the other engines on a good lease deal.

Poor customer service at a dealership is just luck unfortunately. For anyone who doesn't realise, you can take the car in for warranty related work at any Vauxhall garage (it doesn't have to be from where the car was leased).
Edited by: "karlie88" 6th Jun 2015

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.



What about the £1250 I spent on my last car, and the £650 I spent on a new clutch, and £350 to get it through the next MOT, and £250 on tyres and £240 a year on tax for two years before it became uneconomical to repair? I don't have anything to show for that £3k either.
Edited by: "BungalowBill" 6th Jun 2015

If a leasing company is going to make less income in lease payments than they lose on depreciation, what's in it for them? Are they run as a charity? I get that they can probably negotiate a good discount on the purchase, but they still have to finance the purchase, selling costs after 24 months, overheads etc. Also, these bargain deals are often for the undesirable model in the range, where a private buyer could probably negotiate a very good discount on list. I have no moral issue against leasing, but the pro-leasing argument always seems naive, effectively saying that the lessor makes a loss on every lease

commenter14

You're not buying it here though. You don't make sense.



OK, let's try again. Explain a way you can procure this car and have the use of it for 24 months which would cost less than this lease.

Edited by: "paulrfinlay" 6th Jun 2015

Comment

Change_Me

Why buy the car for 20K brand new than sell it 24 months later for only … Why buy the car for 20K brand new than sell it 24 months later for only 10K



daveramsey.com/blo…ee/
Why buy brand new at all?

paulrfinlay

OK, let's try again. Explain a way you can procure this car and have the … OK, let's try again. Explain a way you can procure this car and have the use of it for 24 months which would cost less than this lease.


Steal it and change the plates?

tarryboy

With a passion, I so hate these lease deals. I don't care what kind of … With a passion, I so hate these lease deals. I don't care what kind of argument or reasoning you lease lovers come up with, you DON'T OWN the frigin thing!!!.

thank god another sane person.

Cold can get a nice car and keep it for 4 grand.

ttlpjh

If a leasing company is going to make less income in lease payments than … If a leasing company is going to make less income in lease payments than they lose on depreciation, what's in it for them? Are they run as a charity? I get that they can probably negotiate a good discount on the purchase, but they still have to finance the purchase, selling costs after 24 months, overheads etc. Also, these bargain deals are often for the undesirable model in the range, where a private buyer could probably negotiate a very good discount on list. I have no moral issue against leasing, but the pro-leasing argument always seems naive, effectively saying that the lessor makes a loss on every lease



I'll give you an example. I had a rented a brand new Ford Focus 1.5 diesel Zetec. My company opted not to take the insurance because they have their own. So I had to sign a piece of paper which effectively said that I had to pay the full price of the car if I wrote it off. The value was £9000. This is a £20k car.

Now clearly, I can't walk in a Ford garage and buy one for much under £18k, even with bartering.

As for owning, it's clearly my turn to show economics.

Brand new Astra - let's say we can actually buy this for £15k from a Vauxhall dealer. We put down £5k and borrow £10k over 5 years. With interest, that'll ~£200 a month. We've got a £5k discount - this is probably not likely.

After 2 years, the car is worth £9,250 (Private sale, based on 20k mileage - Parkers).
So you've lost nearly £6k and it's cost you £200 a month.

Cars really aren't like houses - people see them as commodities that they own and there's no need for them to be like that. If, on the other hand, you buy cars that are 2 years old and drive them for 5 years, then clearly, this is a completely different argument.

But there is not one single person who buys a new car that could argue that this lease deal isn't fantastic value for money.

I'm prepared to say that you don't buy a new car regularly?

paulrfinlay

OK, let's try again. Explain a way you can procure this car and have the … OK, let's try again. Explain a way you can procure this car and have the use of it for 24 months which would cost less than this lease.

Why does 24 months always have to come into it as a comparison. If I'd just purchased a brand new car I would be keeping it for m
BungalowBill

What about the £1250 I spent on my last car, and the £650 I spent on a n … What about the £1250 I spent on my last car, and the £650 I spent on a new clutch, and £350 to get it through the next MOT, and £250 on tyres and £240 a year on tax for two years before it became uneconomical to repair? I don't have anything to show for that £3k either.

Either an extremely unlucky person, or garage sees you coming and has your pants down.

ttlpjh

If a leasing company is going to make less income in lease payments than … If a leasing company is going to make less income in lease payments than they lose on depreciation, what's in it for them? Are they run as a charity? I get that they can probably negotiate a good discount on the purchase, but they still have to finance the purchase, selling costs after 24 months, overheads etc. Also, these bargain deals are often for the undesirable model in the range, where a private buyer could probably negotiate a very good discount on list. I have no moral issue against leasing, but the pro-leasing argument always seems naive, effectively saying that the lessor makes a loss on every lease

I think you need to factor in the fact that some cars have a huge retail mark up compared to their cost price. The lease deals usually come direct from a manufacturer and the franchise you pick your car up from pocket a fee for helping you sort it all out.

Never mind Lease vs Buy. It's a Vauxhall, surely that's enough reason to vote cold?
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