Volvo s60 T4 SE Nav Lease - £2000 deposit, £99pm, 18mnth pch - Total cost £3,782
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Volvo s60 T4 SE Nav Lease - £2000 deposit, £99pm, 18mnth pch - Total cost £3,782

73
Found 12th Jan
See text sent to me earlier from Mill Volvo sunderland. Seems like a decent deal (providing you are not a lease hater).

NEVER SEEN A DEAL LIKE IT AT MILL VOLVO!! VOLVO S60 T4 SE NAV ONLY £99 PM LTD TO 1st 50 CUSTOMERS. £2,000 DEPOSIT 18 MONTH PCH. ACT NOW 0800 6124715. Call to opt out


Trying to help someone on here out. No good for me.
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iBuyWhatIWant4 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Cos not everyone wants a tiny car and big cars cost a lot to repair.
Owning a car without the fear of a big repair bill can be reassuring.
I had an Audi A4, paid 4K for it, spent 5k in repairs in the 2 years I owned it, so I spent 9k on a car now worth 3k.

Makes more sense to lease one.
iBuyWhatIWant1 h, 21 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Because not everyone wants to drive around in 12-15 year old cars?

Do you still use big box TV's as well?

People lease because its cheaper than forking out loads for a new car that will depreciate more in 18 months or 2 years than it costs you to lease. I.e. This car may be £22,000 new for example - in 18months it may be worth £17,000 (£5,000 loss) - the lease it £3782. Not only do you not have to fork out £22,000 but you lose less money in the long run.

Lease your depreciating assets (within reason, don't go leasing clothes etc ), purchase your appreciating assets.

If we all had your way of thinking - the economy would come to a stand still.
Edited by: "tom_g" 12th Jan
joshua_andrews_18828 m ago

Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning …Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning a car without the fear of a big repair bill can be reassuring.I had an Audi A4, paid 4K for it, spent 5k in repairs in the 2 years I owned it, so I spent 9k on a car now worth 3k.Makes more sense to lease one.


That's life with an Audi mate, but sorry to hear you learnt the hard way
iBuyWhatIWant16 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Why? Because I hate old cars. It'd drive me insane to drive your Corsa or your 2003 Citroen. Full of old technology, missing safety improvements and not as nice place to be as a modern car.

If you don't understand why someone would pay £3,800 to drive a £32,000 car for 18 months that is another story. Remember, it'd take 16 years before your £4000 rental costs you more than buying the car, and you've always got the new car.
73 Comments
£210 a month in total.
£2000 deposit with 18 month contract is a deal breaker
There are different deposit options in table on web site.
maj250917 m ago

£2000 deposit with 18 month contract is a deal breaker


So basically you don't understand how lease costs work then.
If you wanted to keep this for another 6-12 months beyond the 18 month contract, would they allow that and if so would there be another big 'deposit' payment?
maj250927 m ago

£2000 deposit with 18 month contract is a deal breaker


*For you, and not objectively so. And in which case, we don't care.
Gozer6 m ago

If you wanted to keep this for another 6-12 months beyond the 18 month …If you wanted to keep this for another 6-12 months beyond the 18 month contract, would they allow that and if so would there be another big 'deposit' payment?


Basically the car is £210 per month - the £2000/£99 per month split is irrelevant really, it's just one particular way to pay the required total.

You may find on a longer rental term it would equate to less than £210 per month, as depreciation wouldn't be quite as steep.
There are other deals if you can’t pay £2k upfront, like £212 pm without the deposit
I can't see your text?
Banned
Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.
why and why? WTF does that mean?
iBuyWhatIWant4 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Cos not everyone wants a tiny car and big cars cost a lot to repair.
Owning a car without the fear of a big repair bill can be reassuring.
I had an Audi A4, paid 4K for it, spent 5k in repairs in the 2 years I owned it, so I spent 9k on a car now worth 3k.

Makes more sense to lease one.
iBuyWhatIWant1 h, 21 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Because not everyone wants to drive around in 12-15 year old cars?

Do you still use big box TV's as well?

People lease because its cheaper than forking out loads for a new car that will depreciate more in 18 months or 2 years than it costs you to lease. I.e. This car may be £22,000 new for example - in 18months it may be worth £17,000 (£5,000 loss) - the lease it £3782. Not only do you not have to fork out £22,000 but you lose less money in the long run.

Lease your depreciating assets (within reason, don't go leasing clothes etc ), purchase your appreciating assets.

If we all had your way of thinking - the economy would come to a stand still.
Edited by: "tom_g" 12th Jan
joshua_andrews_18828 m ago

Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning …Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning a car without the fear of a big repair bill can be reassuring.I had an Audi A4, paid 4K for it, spent 5k in repairs in the 2 years I owned it, so I spent 9k on a car now worth 3k.Makes more sense to lease one.


That's life with an Audi mate, but sorry to hear you learnt the hard way
iBuyWhatIWant16 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Why? Because I hate old cars. It'd drive me insane to drive your Corsa or your 2003 Citroen. Full of old technology, missing safety improvements and not as nice place to be as a modern car.

If you don't understand why someone would pay £3,800 to drive a £32,000 car for 18 months that is another story. Remember, it'd take 16 years before your £4000 rental costs you more than buying the car, and you've always got the new car.
You guys will never learn not to feed the lease trolls
Edited by: "eslick" 13th Jan
iBuyWhatIWant21 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Your 14 year old French tat isn't 'good as gold'. It's an old banger that might turn on, but you can hardly compare it to a brand new executive class car, can you?
ezzer7248 m ago

So basically you don't understand how lease costs work then.


Ha! We have a senior adviser from IMF to explain as how a lease works I am not gonna call you thick but a general rule is that a shorter period PCH should come with a lower deposit. Let me come to your mental level and explain it a bit more: after 18 months you will need another 2 k for a new deposit
joshua_andrews_188235 m ago

Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning …Cos not everyone wants a tiny car and big cars cost a lot to repair.Owning a car without the fear of a big repair bill can be reassuring.I had an Audi A4, paid 4K for it, spent 5k in repairs in the 2 years I owned it, so I spent 9k on a car now worth 3k.Makes more sense to lease one.


dont buy trashed cars
maj250919 m ago

Ha! We have a senior adviser from IMF to explain as how a lease works Ha! We have a senior adviser from IMF to explain as how a lease works I am not gonna call you thick but a general rule is that a shorter period PCH should come with a lower deposit. Let me come to your mental level and explain it a bit more: after 18 months you will need another 2 k for a new deposit


What you are effectively hoping for is the £20odd thousand pounds car for £99 per month, but without the pesky deposit, yes?

I'm sure if you want to pay £500 up front and £182 per month instead the supplier will organise that for you (same money, repaid differently).

In summary, your original comment was ridiculous.
maj250924 m ago

Ha! We have a senior adviser from IMF to explain as how a lease works Ha! We have a senior adviser from IMF to explain as how a lease works I am not gonna call you thick but a general rule is that a shorter period PCH should come with a lower deposit. Let me come to your mental level and explain it a bit more: after 18 months you will need another 2 k for a new deposit


But in this case the £2k deposit gives you a very low monthly payment. Either way the total monthly cost is £210 pm. It is whether you think that is worth it. What does it matter that you have another deposit to pay after 18 months? That would happen after 24, 36 .....
tom_g48 m ago

Because not everyone wants to drive around in 12-15 year old cars?Do you …Because not everyone wants to drive around in 12-15 year old cars?Do you still use big box TV's as well?People lease because its cheaper than forking out loads for a new car that will depreciate more in 18 months or 2 years than it costs you to lease. I.e. This car may be £22,000 new for example - in 18months it may be worth £17,000 (£5,000 loss) - the lease it £3782. Not only do you not have to fork out £22,000 but you lose less money in the long run.Lease your depreciating assets, purchase your appreciating assets.If we all had your way of thinking - the economy would come to a stand still.


I'm new to looking into leasing. On all the deals I've seen on hukd about car leases, the debate has always been about old cars vs new cars. Can someone tell me the benefits of leasing brand new car over say buying a 3-4 yr old car.


Am sure an almost new car will have most of the upgrades, safety features, less maintenance costs. But I'm not sure about the costs side of buying it over leasing a new one. Can someone help? Yes you do end up paying for bit of maintenance, tax, mot etc but surely it won't cost anywhere near 6k for 2/3 yrs?
tom_g49 m ago

Because not everyone wants to drive around in 12-15 year old cars?Do you …Because not everyone wants to drive around in 12-15 year old cars?Do you still use big box TV's as well?People lease because its cheaper than forking out loads for a new car that will depreciate more in 18 months or 2 years than it costs you to lease. I.e. This car may be £22,000 new for example - in 18months it may be worth £17,000 (£5,000 loss) - the lease it £3782. Not only do you not have to fork out £22,000 but you lose less money in the long run.Lease your depreciating assets, purchase your appreciating assets.If we all had your way of thinking - the economy would come to a stand still.

Ah the Getty quote out of context from how he presented it and is the complete antithesis of what this lease represents. i.e. he leased as he wanted the oil machinery to last the duration (decades) without needing to replace too soon and that the supplier has a vested interest in ensuring the ongoing support, parts and maintenance was available - can't imagine that matches up with why you lease or mirrors the vast majority of assets you have?
ezzer7211 m ago

What you are effectively hoping for is the £20odd thousand pounds car for …What you are effectively hoping for is the £20odd thousand pounds car for £99 per month, but without the pesky deposit, yes?I'm sure if you want to pay £500 up front and £182 per month instead the supplier will organise that for you (same money, repaid differently).In summary, your original comment was ridiculous.


And you final comment is ridiculous, well let's hope it was final
fedex14019 m ago

But in this case the £2k deposit gives you a very low monthly payment. …But in this case the £2k deposit gives you a very low monthly payment. Either way the total monthly cost is £210 pm. It is whether you think that is worth it. What does it matter that you have another deposit to pay after 18 months? That would happen after 24, 36 .....


Hey, gives you more time to save for a new deposit if it was 24 or 36 months.
maj25093 m ago

And you final comment is ridiculous, well let's hope it was final


Brilliant.

You've been busted dude, move along to another thread where you haven't lost all dignity.
iBuyWhatIWant1 h, 4 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Cos I look way cooler in my £85k Porsche (sarcasm)... horses for courses...the deal must have tempted you else why click to open!?!
maj25094 m ago

Hey, gives you more time to save for a new deposit if it was 24 or 36 …Hey, gives you more time to save for a new deposit if it was 24 or 36 months.


You're only paying £99 per month, should be no problem to save another deposit in 18 months.

Unless you work at Burger King?
ezzer724 m ago

You're only paying £99 per month, should be no problem to save another …You're only paying £99 per month, should be no problem to save another deposit in 18 months.Unless you work at Burger King?


I would think they could afford it, doesn't work out that much
iBuyWhatIWant1 h, 10 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Cool story bro
Bertz9923 m ago

Ah the Getty quote out of context from how he presented it and is the …Ah the Getty quote out of context from how he presented it and is the complete antithesis of what this lease represents. i.e. he leased as he wanted the oil machinery to last the duration (decades) without needing to replace too soon and that the supplier has a vested interest in ensuring the ongoing support, parts and maintenance was available - can't imagine that matches up with why you lease or mirrors the vast majority of assets you have?



Half of what you just said doesn't really make much sense - don't really know what you're referring it.

I don't actually lease anything personally (but I definitely would lease a car) and my statement was related to big purchases not small for those that may read in to it.
iBuyWhatIWant1 h, 24 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


Everyone, meet Trolly McTrollface.
iBuyWhatIWant1 h, 34 m ago

Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2 …Why and why people lease cars is a mystery to me! Muggery!! I’ve got a 2005 Corsa that’s still going strong till today. Mrs has a 2003 Citroen that’s also still as good as gold.


😁 was beginning to wonder where you lot were hiding
ezzer7252 m ago

You're only paying £99 per month, should be no problem to save another …You're only paying £99 per month, should be no problem to save another deposit in 18 months.Unless you work at Burger King?



ezzer7252 m ago

You're only paying £99 per month, should be no problem to save another …You're only paying £99 per month, should be no problem to save another deposit in 18 months.Unless you work at Burger King?


From the thickness of your mentality, can I assume that you are a car salesman?
maj25091 m ago

From the thickness of your mentality, can I assume that you are a car …From the thickness of your mentality, can I assume that you are a car salesman?


Haha, great phrase - not.

Yes I am by the way.
FCrux1 h, 6 m ago

I'm new to looking into leasing. On all the deals I've seen on hukd about …I'm new to looking into leasing. On all the deals I've seen on hukd about car leases, the debate has always been about old cars vs new cars. Can someone tell me the benefits of leasing brand new car over say buying a 3-4 yr old car.Am sure an almost new car will have most of the upgrades, safety features, less maintenance costs. But I'm not sure about the costs side of buying it over leasing a new one. Can someone help? Yes you do end up paying for bit of maintenance, tax, mot etc but surely it won't cost anywhere near 6k for 2/3 yrs?


I would be interested to know this also , as am looking to replace my car this year.
ezzer724 m ago

Haha, great phrase - not.Yes I am by the way.


Do they make you valet when you are not doing too well ,?
maj25091 m ago

Do they make you valet when you are not doing too well ,?


I have no idea as I'm always doing VERY well.
tom_g1 h, 19 m ago

Half of what you just said doesn't really make much sense - don't really …Half of what you just said doesn't really make much sense - don't really know what you're referring it.I don't actually lease anything personally (but I definitely would lease a car) and my statement was related to big purchases not small for those that may read in to it.


I was referring to this part in your post

tom_g2 h, 32 m ago

Lease your depreciating assets (within reason, don't go leasing clothes …Lease your depreciating assets (within reason, don't go leasing clothes etc ), purchase your appreciating assets.


The original quote is:
“If it appreciates, buy it. If it depreciates, lease it.” J.Paul Getty, billionaire oil tycoon

His context was within machinery supplied where he knew he would pay more (suppliers taking their margin) than buying it outright and following their projections with little or no buy in would have limitations for the long haul. By allowing the supplier to invest and make their margin (there be another famous Getty quote here too about how to ensure you are party to deals) it ensured that they were in it together by being jointly committed.

To Getty's business having down time whilst equipment was replaced, resource trained in using new, fine turning in getting the throughput as well as a supplier that had the ability to change their goals (i.e. push new products and force switch by stopping support on previously supplied) left all the potential risks on his side of the equation.

If you place the context of how Getty presented this statement it doesn't fit here i.e. these leases are all about the short term, in 2/3 years you want the latest and are happily wanting to switch, you have little interest in the ongoing lifespan and in the availability support/maintenance/parts for the long term.

As you have stated you don't lease anything (yet) which for the majority of assets most people don't and also wouldn't - there are some good reasoning to the pro's of car leasing as well as con's without needing to misquote Getty.

Albeit if you were to follow his contrary rules then you should be heading in the opposite direction that the mob is headed
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