Unfortunately, this deal is no longer available
Volkswagen Arteon 2.0 TSI DSG SE 24m lease 3k initial + £101 5k £113 8K or £120 10k +£239 fee total from £5562 National Vehicle
487° Expired

Volkswagen Arteon 2.0 TSI DSG SE 24m lease 3k initial + £101 5k £113 8K or £120 10k +£239 fee total from £5562 National Vehicle

46
Posted 13th JanEdited by:"mgk"

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

Seems an absolute steal to me for an in stock
£5562 for 24 months 5k
£5840 for 8k per year
£6009 for 10k per year

White or Grey - looks like white may be extra

Would jump on one of these immediately but mine isnt due until Dec and the missus wants an SUV


Base spec 2.0 TSI DSG SE but looks decent they have others but iro 50 a month more for R line

Havent used these guys but they have been going ages

Options for 3+23 etc but work out a few hundred dearer
Edit see post from M5RCC - better deal as direct from main dealer and a bit cheaper too
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mrew4213/01/2020 10:05

Complete lack of info in post.Spec?Engine?


Opps - was obviously concentrating on the pricing and forgot...added (since you asked so nicely )
46 Comments
You'd definitely need GAP insurance with that massive deposit.
Complete lack of info in post.
Spec?
Engine?
Deposits at this place are a joke, who do they think their kidding, make more sense saying £200 p/m with 3 upfront
adrianr13/01/2020 10:06

Deposits at this place are a joke, who do they think their kidding, make …Deposits at this place are a joke, who do they think their kidding, make more sense saying £200 p/m with 3 upfront


You can do that too...but as per post it is a bit dearer e,g 3+23 £226 + 239 fee = £6115 for 8k per year
Anyone know if they are factory order?
I guess a high upfront deposit might suit someone who has a car worth £3k to sell? People often kid themselves when it comes to car finance, so they might look at it as £100 a month to be driving a new car for two years.
m5rcc13/01/2020 10:07

Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] C …Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] Cheaper for 10k miles too*


That's a good price for a good car. I liked mine.
m5rcc13/01/2020 10:07

Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] C …Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] Cheaper for 10k miles too*


Nice, sure I looked on Whatcar over the weekend and they were no deals anywhere close
That gives me hope to keep looking for a good deal on an auto SUV - need one in the next 3 months and can take delivery asap if anything comes up.
mrew4213/01/2020 10:05

Complete lack of info in post.Spec?Engine?


Looks like you might need to click on the link and scroll down, but seems a decent spec to me.
mrew4213/01/2020 10:05

Complete lack of info in post.Spec?Engine?


Opps - was obviously concentrating on the pricing and forgot...added (since you asked so nicely )
Was quoted on an R-Line on 1+23 for 12k miles with C V L - £333.59 pm +£180 admin, total £8186.16.
Going to see if local dealers can improve on that.
m5rcc13/01/2020 10:04

You'd definitely need GAP insurance with that massive deposit.


Do you think GAP ins is worth it in general?
I see mixed views and dont really see where it is necessary.
Why only with a big deposit Insurance usually pays market value correct?

Say you crashed it in the first couple of months Insurer pays market value and wouldnt market value be significanlty less than list RRP, I think What Car suggests looking for a 7k discount off list.
Thanks
cactusbrandy13/01/2020 10:11

Anyone know if they are factory order?


Stock, delivery in 2 weeks, White of Grey available =- but worth checking with the dealers as per M5RCC post
Edited by: "mgk" 13th Jan
mgk13/01/2020 10:20

Do you think GAP ins is worth it in general? I see mixed views and dont …Do you think GAP ins is worth it in general? I see mixed views and dont really see where it is necessary. Why only with a big deposit Insurance usually pays market value correct?Say you crashed it in the first couple of months Insurer pays market value and wouldnt market value be significanlty less than list RRP, I think What Car suggests looking for a 7k discount off list.Thanks


Yes because the insurer will pay the market value at the point of loss, and given this car is on lease, there is no guarantee the amount paid by the insurer will cover the finance.
MPG ?
mgk13/01/2020 10:21

Stock, delivery in 2 weeks, White of Grey available =- but worth checking …Stock, delivery in 2 weeks, White of Grey available =- but worth checking with the dealers as per M5RCC post


Yeah I've fired off an email to ask for factory order. Cheers!
mgk13/01/2020 10:20

Do you think GAP ins is worth it in general? I see mixed views and dont …Do you think GAP ins is worth it in general? I see mixed views and dont really see where it is necessary. Why only with a big deposit Insurance usually pays market value correct?Say you crashed it in the first couple of months Insurer pays market value and wouldnt market value be significanlty less than list RRP, I think What Car suggests looking for a 7k discount off list.Thanks


Your insurer will give you market value of what is effectively a used car at that point, so unlikely to be the same value the car finance holder calculates, especially early in the lease. Also remember you recoup the cost of that first payment over the course of the lease by making lower monthly payments, so you could find yourself £3k down having only had the car for a month if it gets written off.
Edited by: "GrimDanFango" 13th Jan
Given that you can get a 2-year GAP policy for less than £100 it is great protection. A great deal of insurance policies will cover a new car in full for the first year like-for-like so that is worth checking.

Shop around for your GAP insurance though, pointless taking a first party policy for a huge wedge of cash!
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deleted455140
m5rcc13/01/2020 10:04

You'd definitely need GAP insurance with that massive deposit.


Out of curiosity, why would a variation in the size of the deposit effect the need for GAP insurance?
deleted45514013/01/2020 11:02

Out of curiosity, why would a variation in the size of the deposit effect …Out of curiosity, why would a variation in the size of the deposit effect the need for GAP insurance?


This is why.
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deleted47287
GrimDanFango13/01/2020 10:40

Your insurer will give you market value of what is effectively a used car …Your insurer will give you market value of what is effectively a used car at that point, so unlikely to be the same value the car finance holder calculates, especially early in the lease. Also remember you recoup the cost of that first payment over the course of the lease by making lower monthly payments, so you could find yourself £3k down having only had the car for a month if it gets written off.


Definitely this.

It’s a risk based decision that only you can take really. Are you happy to potentially pay any shortfall in the settlement figure if the insurance doesn’t meet it? Are you happy to potentially lose your initial payment? Are you happy to pay a hundred or so quid, potentially to not use the policy?
I'm not someone that likes to put a big deposit down with a lease (and would definitely recommend GAP insurance for peace of mind, even if you could probably argue with your insurer if you didn't have it) as I don't usually have that much saved up anyway but my personal preference is to pay a slightly higher monthly so you don't have that big hit at the start.

The delivery times on these cars has been insane in the past (over 12 months) so it could be a bit of a gamble if you're trying to time it against a current car you may lease.
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deleted455140
m5rcc13/01/2020 11:03

This is why.


I understand that as the reason for requiring GAP insurance, but don't see how this fits with the size of the deposit, given the value of the vehicle at point of loss would be consistent whether you have a £0 deposit upfront or £3k upfront?

I feel like I'm missing something here!
deleted45514013/01/2020 11:12

I understand that as the reason for requiring GAP insurance, but don't see …I understand that as the reason for requiring GAP insurance, but don't see how this fits with the size of the deposit, given the value of the vehicle at point of loss would be consistent whether you have a £0 deposit upfront or £3k upfront?I feel like I'm missing something here!


Because you don't want to have an accident within month one, having coughed up £3k and not get it back. It would be prudent to pay a smaller deposit (especially when you can in this instance).
deleted45514013/01/2020 11:12

I understand that as the reason for requiring GAP insurance, but don't see …I understand that as the reason for requiring GAP insurance, but don't see how this fits with the size of the deposit, given the value of the vehicle at point of loss would be consistent whether you have a £0 deposit upfront or £3k upfront?I feel like I'm missing something here!


It's a PCH lease, so you have a finance agreement against a vehicle that belongs to someone else. You owe that someone else money. You lose that £3k if you don't have GAP as you already paid it, and even if the insurance pay off the rest of the finance for you, and the value of the car to the owner you are £3k down which could happen after a day, a week, a month or never.
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deleted455140
m5rcc13/01/2020 11:15

Because you don't want to have an accident within month one, having …Because you don't want to have an accident within month one, having coughed up £3k and not get it back. It would be prudent to pay a smaller deposit (especially when you can in this instance).



Uncommon.Sense13/01/2020 11:23

It's a PCH lease, so you have a finance agreement against a vehicle that …It's a PCH lease, so you have a finance agreement against a vehicle that belongs to someone else. You owe that someone else money. You lose that £3k if you don't have GAP as you already paid it, and even if the insurance pay off the rest of the finance for you, and the value of the car to the owner you are £3k down which could happen after a day, a week, a month or never.



Correct me if I'm wrong here, but if you've coughed up £3k upfront, the settlement figure from the finance company will be £3k less than someone who pays £0 upfront, so you end up with the same GAP to cover if there is one. Settlement figure being based on the value of the vehicle at point of loss and the remainder of the finance, someone who has paid £3k upfront has £3k less remaining on their finance.

I agree a smaller deposit is a better option, but just don't get the argument that you'd be more inclined to get GAP insurance if you put a bigger deposit down.
Because gap can cover you so you get that deposit back?
deleted45514013/01/2020 11:26

I agree a smaller deposit is a better option, but just don't get the …I agree a smaller deposit is a better option, but just don't get the argument that you'd be more inclined to get GAP insurance if you put a bigger deposit down.


It's much more important with a big deposit as you've already said goodbye to that money, the insurance don't care about what you've paid already. If I have £2,500 left to pay on the finance, and that is paid by the insurance along with the value of the car then who gives you your £3,000 back to get another lease with?

GAP insurance will cover the lost deposit, so you get your £3k back with no arguments.
m5rcc13/01/2020 10:07

Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] C …Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] Cheaper for 10k miles too*


I can't seem to find it from that link. What do I do?
Ross_Page13/01/2020 11:57

I can't seem to find it from that link. What do I do?


Probably because of demand and the price has been whacked up.
All these posters who want to swan around in an expensive new car but can't find £3k deposit. Feeding the chavs!
m5rcc13/01/2020 10:07

Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] C …Cheaper at Listers though at £5,691.54 or £237.15/net/month:[Image] Cheaper for 10k miles too*


Has this gone up already? I can only see

39664744-uwx4i.jpg
m5rcc13/01/2020 12:40

As per my previous comment, it would appear so.


I didn't see it. Perhaps bin that post then, save any other idiots looking and asking.
I ordered one of these last year on a similar deal. VW kept delaying and delaying and I eventually had to cancel
Any q3 sport anywhere? Thanks
Rum_Ham13/01/2020 12:53

I ordered one of these last year on a similar deal. VW kept delaying and …I ordered one of these last year on a similar deal. VW kept delaying and delaying and I eventually had to cancel


Probably due to WLTP.
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