Volvo S90 D4 R-Design with Winter Pack & Metallic Paint - Car Lease (PCH) - Ray Chapman Motors (Malton)
243°Expired

Volvo S90 D4 R-Design with Winter Pack & Metallic Paint - Car Lease (PCH) - Ray Chapman Motors (Malton)

61
Edited by:"telcoengr"Found 15th Mar
After contacting over 65 dealers nationwide, i came across the lowest available PCH deal for Volvo S90 R-Design model with Winter Pack & Metallic Paint.
In order to get this deal, please quote : 1468641/A1


Details of the Personal Hire Contract (PCH):

Term of the Contract: 2 Years (24 months)
Mileage: 8000 / annum
Monthly Payments x 23 : £256.08 (incl VAT)
Initial Deposit: £1536.48
Admin Fees: £0
Total Cost: £7426.32
Effective Monthly Payments : 7426.32 / 24 = £309.43


RRP of the Car: £37975
Metallic Paint: £700
Winter Pack: 525
Total Cost of the Car: £39200
% of Total Price to RRP = 7426.32 / 39200 = 18.9%



Considering the depreciation, you will be paying about about 18.9% of the value of the car in 2 years time.

On top of that, if you exceed the mileage then the first 5000 mileage will cost you 7.56 pence / mile (incl VAT) and over 5000 mileage will cost you 10.08 pence / mile. This is the cheapest deal I have found to this date.

Note: If you are not local then car can be delivered with the price £50. You need to speak to the guy name Gareth Burns using the quote reference 1468641/A1. There are only 12 Cars available in stock with the colors Osmium Grey, Onyx Black & Bright Silver. All cars need to be registered before 31/03 to qualify for this deal.

Contact Details: Gareth.Burns@raychapmanmotors.co.uk
Phone: 01653 693751
Community Updates

Groups

Top comments
ianjury15 m ago

7.5 grand for two years and its not yours at the end yeah bargain NOT


So buy it outright then, and lose a lot more over 2 years.
sam19701 h, 46 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness


You're missing the point. If someone wants to drive a new car, this is the cheapest way. Your opinion on why people want to change car regularly is entirely irrelevant to this deal. Nobody cares what your financial situation is!
Edited by: "andyb83" 15th Mar
Original Poster
sam19703 h, 18 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness



sam1970 - Buy a used car (1-2 year old) and then keep it for 5 year old, include your servicing, MOTs, road tax and then any adhoc issues with it. Then calculate how much you have spent on the car and how much it depreciates. I did the same thing in 2012 when I bought Honda accord for 12K. (with only 26K mileage on it). I then spent over 13K on the car and it is not worth more than 3K today. Once car goes out of warranty then you are risk of managing issues yourself. Also wear n tear also comes down to your pocket. With lease cars it is different, you keep the car for 2 years, only service it once, do not worry about paying car road tax (which will increase to approx 500 pounds per annum from 1st April), do not worry about changing tyres (16K mileage is more than enough for new car tyres), get a choice of number plates, get a choice of options if you want to customize it, do not worry about selling the car once it is old. There could be more reasons for going on lease but for me renting is more convenient, manageable and you are not paying higher upfront cost. My theory is that don't buy things which depreciates as you are already losing money on it and they will never be your asset. (unlike houses). Also keep your monthly payments within budget and never pay higher upfront costs. Affordability is major reason that most people go for renting. Even Smartphones these days can be bought on a contract (monthly payments) because some people can't afford to buy 1K phone every year. I understand your financial situation is different but how many % of people can afford to buy less than an year old car on Cash ! They still have to go on PCP finance which will still cost you this much money. Take an example of PCP on used car S90 advertised at carguru.com. A car worth £28K (an year old model) will have 16K Guaranteed Minimum Future Value (GMFV) after 2 years. This means you will lose 12K already on a used car with PCP. I did this working before deciding to go for PCH which is still better option as you can get hold of new car with affordable monthly payments. PCP on new cars works out very similar but then customer borrows the money. There are cons and pros of everything and there are different ways to look at things.
sam197023 m ago

haha...that is exactly why the roads are full of people driving expensive …haha...that is exactly why the roads are full of people driving expensive cars they cant afford to buy...they are leasing it so they can show off


The people who bought the same cars are the stupid ones though?

It would be handy if you had to have an IQ test before being allowed to comment on lease deals!
61 Comments
Original Poster
33442947-1EOve.jpg
Voted hot, Did you get one, I'm looking for a similar deal on the v90. But they're all about 15% more.
33443183-LroLy.jpgthis looks like a good deal too
7.5 grand for two years and its not yours at the end yeah bargain NOT
ianjury15 m ago

7.5 grand for two years and its not yours at the end yeah bargain NOT


So buy it outright then, and lose a lot more over 2 years.
andyb8322 m ago

So buy it outright then, and lose a lot more over 2 years.


But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness
Edited by: "sam1970" 15th Mar
sam197014 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness


Just bought a r design V40 - 18 month old with 5k on clock for 13.5k. Totally agree with you.
sam197036 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness


Why would you want to drive a 5 or 6 year old car when you could afford to drive a brand spanking new one every 2 years? Madness
ILikeJam49 m ago

Why would you want to drive a 5 or 6 year old car when you could afford to …Why would you want to drive a 5 or 6 year old car when you could afford to drive a brand spanking new one every 2 years? Madness


I like driving in my car, it's not quite a Jaguar!
sam19701 h, 46 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness


You're missing the point. If someone wants to drive a new car, this is the cheapest way. Your opinion on why people want to change car regularly is entirely irrelevant to this deal. Nobody cares what your financial situation is!
Edited by: "andyb83" 15th Mar
Original Poster
solsurf2 h, 47 m ago

Voted hot, Did you get one, I'm looking for a similar deal on the v90. But …Voted hot, Did you get one, I'm looking for a similar deal on the v90. But they're all about 15% more.


Yes I bought one... I also have quotation from Mill Volvo and with same specs it was higher rental price. I can send you quote reference if you need it.
Original Poster
ianjury2 h, 38 m ago

7.5 grand for two years and its not yours at the end yeah bargain NOT


So you are the one who voted cold for every PCH lease advertise at hotukdeals for not owning the car. By the way, Why people rent home in this country ? The main reason is not everyone can afford to buy home.
andyb831 h, 13 m ago

You're missing the point. If someone wants to drive a new car, this is the …You're missing the point. If someone wants to drive a new car, this is the cheapest way. Your opinion on why people want to change car regularly is entirely irrelevant to this deal. Nobody cares what your financial situation is!


haha...that is exactly why the roads are full of people driving expensive cars they cant afford to buy...they are leasing it so they can show off
sam197023 m ago

haha...that is exactly why the roads are full of people driving expensive …haha...that is exactly why the roads are full of people driving expensive cars they cant afford to buy...they are leasing it so they can show off


The people who bought the same cars are the stupid ones though?

It would be handy if you had to have an IQ test before being allowed to comment on lease deals!
Original Poster
sam19703 h, 18 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness



sam1970 - Buy a used car (1-2 year old) and then keep it for 5 year old, include your servicing, MOTs, road tax and then any adhoc issues with it. Then calculate how much you have spent on the car and how much it depreciates. I did the same thing in 2012 when I bought Honda accord for 12K. (with only 26K mileage on it). I then spent over 13K on the car and it is not worth more than 3K today. Once car goes out of warranty then you are risk of managing issues yourself. Also wear n tear also comes down to your pocket. With lease cars it is different, you keep the car for 2 years, only service it once, do not worry about paying car road tax (which will increase to approx 500 pounds per annum from 1st April), do not worry about changing tyres (16K mileage is more than enough for new car tyres), get a choice of number plates, get a choice of options if you want to customize it, do not worry about selling the car once it is old. There could be more reasons for going on lease but for me renting is more convenient, manageable and you are not paying higher upfront cost. My theory is that don't buy things which depreciates as you are already losing money on it and they will never be your asset. (unlike houses). Also keep your monthly payments within budget and never pay higher upfront costs. Affordability is major reason that most people go for renting. Even Smartphones these days can be bought on a contract (monthly payments) because some people can't afford to buy 1K phone every year. I understand your financial situation is different but how many % of people can afford to buy less than an year old car on Cash ! They still have to go on PCP finance which will still cost you this much money. Take an example of PCP on used car S90 advertised at carguru.com. A car worth £28K (an year old model) will have 16K Guaranteed Minimum Future Value (GMFV) after 2 years. This means you will lose 12K already on a used car with PCP. I did this working before deciding to go for PCH which is still better option as you can get hold of new car with affordable monthly payments. PCP on new cars works out very similar but then customer borrows the money. There are cons and pros of everything and there are different ways to look at things.
The point of PCH is that not everyone has the cash to buy a car outright. Even the used car example above (V40 for £13.5k) is more than most can afford in one lump payment. So the alternative is a loan or PCP. HP or loan payments will probably be higher than PCH unless taken over a longer period. With PCP you don't own the car either and still have a large final payment to pay if you do want to own it; possibly another loan. In both cases, the car has depreciated in value, so you've still lost a considerable amount of money. If you then want to change the car in a few years time, you'll be offered a very low price by the trade, or have to try to sell it privately.
Ultimately unless you want to buy a very old car, possibly with high mileage, and risk high maintenance costs and the worry of annual MOTs, leasing a brand new car actually makes a lot of sense, especially if you pick the deal carefully. Also factor in the fact your don't pay vehicle excise and the car is under warranty and less likely to develop faults, therefore giving more peace of mind, and I think the benefits of PCH speak for themselves.
I once bought a new car on PCP and thought I'd got a good deal. A 5% discount, £4200 deposit and monthly payments of £236 on 0% APR over 3 years for a £26k car seemed excellent at the time. But to buy the car after 3 years would have cost me another £13k! Compared to PCH it was a crap deal, particularly given the fairly high deposit.
Horses for courses I suppose.
Looks like telcoengr and I were thinking the same thing and posted at the same time! Another thing I forgot to mention...interest charged on loans and PCP. More money lost if buying without stumping up the cash upfront.
Original Poster
gazcarts2 m ago

Looks like telcoengr and I were thinking the same thing and posted at the …Looks like telcoengr and I were thinking the same thing and posted at the same time! Another thing I forgot to mention...interest charged on loans and PCP. More money lost if buying without stumping up the cash upfront.



True gazcarts, you compiled it correctly too, lot of people think in this way but some people really call it madness
sam197054 m ago

haha...that is exactly why the roads are full of people driving expensive …haha...that is exactly why the roads are full of people driving expensive cars they cant afford to buy...they are leasing it so they can show off


You're making yourself look silly now. Let's just all agree that you don't have the mental capacity to figure it out and move on.
Seems a very good deal personally I wouldn’t pay extra for paint on a car I was returning after 2 years
Original Poster
chrb1 m ago

Seems a very good deal personally I wouldn’t pay extra for paint on a car I …Seems a very good deal personally I wouldn’t pay extra for paint on a car I was returning after 2 years


chrb, this is in stock model and paint is given free in quote. If you order new car then delivery time is 3 to 6 months and prices are going up as well which will included VED
Less than 25% of RRP for a lease deal over two years. Vote hot. If not vote cold. Simple as that. Stop the arguments. Excellent mileage penalities as well. My current lease is double that per mile.
Edited by: "formsm2000comp" 15th Mar
I kind of keep swinging around on the whole leasing argument.

I bought a 3 year old V50 6 years ago and am still driving it, I'd say I've been lucky and my costs including depreciation are at least £1k/year. Now, £3k/year for a brand new car that's roughly equivalent is 3x the cost but isn't alot more to pay for a much nicer experience than I'm having. I conclude: 1. each to their own 2. I'm a cheap git
Love the way people are arguing about price but the OP and his chief antagonist haven't mentioned which engine their talking about so might not even be the same version, not helped by the fact there isn't one with the OP's quoted RRP either
Edited by: "b1g1an" 15th Mar
villageidiotdan12 m ago

I kind of keep swinging around on the whole leasing argument. I bought a …I kind of keep swinging around on the whole leasing argument. I bought a 3 year old V50 6 years ago and am still driving it, I'd say I've been lucky and my costs including depreciation are at least £1k/year. Now, £3k/year for a brand new car that's roughly equivalent is 3x the cost but isn't alot more to pay for a much nicer experience than I'm having. I conclude: 1. each to their own 2. I'm a cheap git


Exactly lease are great for those that want a new car every few years and others will find they don’t work for them. That’s why there has been talk of the financial ombudsman investigating recently because not everyone is as clued up as the average hotdealer. I am old school and tight, run our cars until they die but have been tempted nearly on leases but not plunged yet. But who know that’s why I keep checking these threads to learn more from the lease experts
Original Poster
b1g1an11 m ago

Love the way people are arguing about price but the OP and his chief …Love the way people are arguing about price but the OP and his chief antagonist haven't mentioned which engine their talking about so might not even be the same version, not helped by the fact there isn't one with the OP's quoted RRP either



Apologies for not mentioning the Engine, it is D4 R-Design
ianjury4 h, 44 m ago

7.5 grand for two years and its not yours at the end yeah bargain NOT


This is similar to what I used to pay for 2 years rail fare and got treated like cattle for the pleasure. I also needed a car so still had to pay for that. Now I changed office, drive to work and lease a car over 3 years. I’m paying less to commute, enjoy my commute (fun car) and get to have a new car every 3 years.
Edited by: "stuellis" 15th Mar
sam19704 h, 11 m ago

But you dont have to sell it after two years if it was yours. Why people …But you dont have to sell it after two years if it was yours. Why people have to change car every two years? I am very comfortable financially and I can change car even every year if I want to but will not do that. I always buy 6-12 months old car, so plenty of warranty left and make use of depreciation in value, and keep it for 5 years at least. I see people struggling financially and change their cars every two years...Madness


good for you - ! that's not what everyone wants to do and the reasons that they do lease cars are wide and varied - i actually like to have a brand new car every two years - i like to chop and change and this is the most affordable way to do so - you stick to your second hand cars and i'll stick to my brand new ones - each to their own!
ianjury4 h, 52 m ago

7.5 grand for two years and its not yours at the end yeah bargain NOT


So would you want to rent or buy a prostitute? Just like a car you'd soon be bored and want another.
Original Poster
CheapoChaser1 m ago

So would you want to rent or buy a prostitute? Just like a car you'd soon …So would you want to rent or buy a prostitute? Just like a car you'd soon be bored and want another.



LOL , what an example !
Each go their own but do feel a lot of lease buyers just want to say look at my new car on the drive everyone ,yet have a empty fridge .Yes a car depreciation is a fact of life ,but after 2 years you decide leasing not for you it's 7500 down drain anyway .
Do we have to be subjected to the same debate on every lease deal? I can't figure out if it's ignorance, jealousy or just trolling.
If you must offer opinion, try to do it in a less negative way. Just because the deal is not right for you, you shouldn't vote cold...If you do vote, it should be based on whether the deal is one of the best on offer for that particular product or service.
I don't need or want a new Xbox X. I think they're an unnecessary expense but I appreciate lots of people do want (need) one. If I feel I have sufficient knowledge to make an informed vote, then I will vote. If I'm not sure, I pass.
Edited by: "Grimslade" 15th Mar
Original Poster
Grimslade3 m ago

Do we have to be subjected to the same debate on every lease deal? I can't …Do we have to be subjected to the same debate on every lease deal? I can't figure out if it's ignorance, jealousy or just trolling.If you must offer opinion, try to do it in a less negative way. Just because the deal is not right for you, you shouldn't vote cold...If you do vote, it should be based on whether the deal is one of the best on offer for that particular product or service.I don't need or want a new Xbox X. I think they're an unnecessary expense but I appreciate lots of people do want (need) one. If I feel I have sufficient knowledge to make an informed vote, then I will vote. If I'm not sure, I pass.



Here people don't understand the real meaning of HotUkDeals ! Vote Hot if it is the best deal available, Vote Cold if you can find it any cheaper deal. Unfortunately not everyone work it like that
Grimslade20 m ago

Do we have to be subjected to the same debate on every lease deal? I can't …Do we have to be subjected to the same debate on every lease deal? I can't figure out if it's ignorance, jealousy or just trolling.If you must offer opinion, try to do it in a less negative way. Just because the deal is not right for you, you shouldn't vote cold...If you do vote, it should be based on whether the deal is one of the best on offer for that particular product or service.I don't need or want a new Xbox X. I think they're an unnecessary expense but I appreciate lots of people do want (need) one. If I feel I have sufficient knowledge to make an informed vote, then I will vote. If I'm not sure, I pass.


Finally some sense on the topic!
If the OP wants to get a lease deal and can afford it then good for him. I personally buy 3-4 year old lease cars from the auction my current car BMW 320i had 10K on the clock when I bought it for £10300 I’ve had it for 5 years and not spent a penny on it just tyres and a couple of services. It’s now still worth over 5K. So depreciation 5K over 5 years. Which I think is good. It all depends on what you can afford.
Original Poster
ravi472 m ago

If the OP wants to get a lease deal and can afford it then good for him. I …If the OP wants to get a lease deal and can afford it then good for him. I personally buy 3-4 year old lease cars from the auction my current car BMW 320i had 10K on the clock when I bought it for £10300 I’ve had it for 5 years and not spent a penny on it just tyres and a couple of services. It’s now still worth over 5K. So depreciation 5K over 5 years. Which I think is good. It all depends on what you can afford.



Risking £10K on auction cars , you are lucky mate
This is a stonking deal. Good post.
If it appreciates buy it if it depreciates rent it. Stood me in good stead so far....nothing wrong with leasing at all if done responsibly. Do the sums and ensure the rentals are less than forecasted depreciation over the same period
Edited by: "adsthompson" 15th Mar
This car is dank
adsthompson1 h, 33 m ago

If it appreciates buy it if it depreciates rent it. Stood me in good stead …If it appreciates buy it if it depreciates rent it. Stood me in good stead so far....nothing wrong with leasing at all if done responsibly. Do the sums and ensure the rentals are less than forecasted depreciation over the same period


Quite difficult to establish depreciation on new models though. From my limited research it seems you'd be lucky to get 50% of list price after 3 years. Most lease deals I've seen would equal or better that.
Post a comment
Avatar
@
    Text