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Subject Topic: Car leasing Post Reply Post New Topic
02/4/2017 at 12:22pm
 Location: Luton (no jokes plea
 Outfit: Coachman and Hyundai
View Mrs. Bonce's Profile View Profile   Reply to Mrs. Bonce Reply   Quote Mrs. Bonce Quote  
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Does anyone tow with a leased car? if so, what are the pros and cons?


02/4/2017 at 1:02pm
 Location: Bath
 Outfit: Bailey Palermo & Kampa Brean
View jasie's Profile View Profile   Reply to jasie Reply   Quote jasie Quote  
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my last 4 cars have all been leased...from different lease companies.

As far as towing goes, never had an issue with any...just that all have a different approach to fitting/removing the towbar. They have all allowed it, and all just want to know if you add a towbar....plus some insurance companies count this as a modification, so make sure it is declared.

Grand Cherokee. Fixed towbar myself and installed aftermarket plug and play electrics. No issues with lease company other than that they insisted that I remove it before hand back, which I was able to do myself, so no cost. Great for me as i was also able to sell this on at a good price.

Volvo XC60 (1) . fixed my own towbar myself and installed aftermarket plug and play electrics. No issues with lease co. I even removed this towbar and put it on the next car, but left the cover on the bumper so unless you were under the car you never knew!

Volvo XC60 (2) with a different lease company to the above XC60. The lease company allowed me to fix a towbar, but I had to get the Volvo electrics this time and have them activated for a small fee (my own choice, as it was most cost effective solution). The lease co insisted that I leave the towbar installed on hand back as there was a cut out in the rear bumper. No issues really as it was 6 yr old (the towbar) at this point.

Audi Q3 (current car). Towbar installed at factory as this worked out cheapest option, so no issues. Lease company not questioned anything this time round!




02/4/2017 at 1:25pm
 Location: 
 Outfit: 
View Opensauce's Profile View Profile   Reply to Opensauce Reply   Quote Opensauce Quote  
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Depends what you mean by leased. I doubt you mean a leased car used by a company car driver. So presumably you mean personal contract hire(PCH) or personal contract purchase(PCP)? Is that correct?


02/4/2017 at 1:30pm
 Location: Luton (no jokes plea
 Outfit: Coachman and Hyundai
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Yes, PCH I suppose. Another question, can you buy the car at the end of the lease period?


02/4/2017 at 1:53pm
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View Opensauce's Profile View Profile   Reply to Opensauce Reply   Quote Opensauce Quote  
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If you intend to buy car at end of lease period then it's PCP you want. It's fair to all these personal leasing deals are to allow drivers to drive a new car provided their income is sufficient to meet monthly payments but do not have any savings.

For, say a pensioner with money in the bank that otherwise is just sitting there doing nothing then it will always be cheaper overall to buy the car new.


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02/4/2017 at 3:18pm
 Location: Luton (no jokes plea
 Outfit: Coachman and Hyundai
View Mrs. Bonce's Profile View Profile   Reply to Mrs. Bonce Reply   Quote Mrs. Bonce Quote  
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Thanks, decisions! we have the money to buy nearly new and have 2 cars in mind.


02/4/2017 at 6:30pm
 Location: Sheffield
 Outfit: Sterling Eccles Sport 636
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If you have the money then I would buy rather than lease, it is always cheaper over the life of the vehicle.


02/4/2017 at 7:04pm
 Location: Luton (no jokes plea
 Outfit: Coachman and Hyundai
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Thanks, going to look at a private sale which we hope is genuine, plus we also have one at a dealer.


03/4/2017 at 7:33am
 Location: Bath
 Outfit: Bailey Palermo & Kampa Brean
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We had been doing PCP for years. but found that we never bought the car at the end and always traded up.
Hence we have done PCH for the last 10 yrs, and not regretted it, particularity as its great to budget with a complete package and never have to pay for tyres or servicing.
We found it to be cheaper than PCP overall as it suits our needs. but its not for everyone.

You can buy on PCH at the end, but its a bit of a rigmarole and they do take the mick on the asking price despite every car going to auction and fetching a far lower and more realistic price.


04/4/2017 at 8:28am
 Location: Milton Keynes
 Outfit: 2023Archway Woodford
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Quote: Originally posted by Mrs. Bonce on 02/4/2017
Thanks, going to look at a private sale which we hope is genuine, plus we also have one at a dealer.



If buying nearly new ensure it has had service carried out to manufactures specs and at the correct mileage.If it has not been serviced by a main dealer ask for the invoices.Without these the remainder of the warranty will be void.Many people are caught out by this.


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12/4/2017 at 9:50pm
 Location: Swansea
 Outfit: None Entered
View Nigel Wales's Profile View Profile   Reply to Nigel Wales Reply   Quote Nigel Wales Quote  
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If you plan to change the vehicle after 3 years then leasing was £3000 cheaper than purchasing (a Hyundai Tucson)


13/4/2017 at 6:16am
 Location: Luton (no jokes plea
 Outfit: Coachman and Hyundai
View Mrs. Bonce's Profile View Profile   Reply to Mrs. Bonce Reply   Quote Mrs. Bonce Quote  
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We have bought a 1 year old car privately and sold the old one to Mike Brewer. Very pleased with it. The dealer was not happy! Got the service record.


13/4/2017 at 7:45pm
 Location: Northumberland
 Outfit: Knaus Sudwind 550 TK
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Quote: Originally posted by jasie on 02/4/2017
my last 4 cars have all been leased...from different lease companies.

As far as towing goes, never had an issue with any...just that all have a different approach to fitting/removing the towbar. They have all allowed it, and all just want to know if you add a towbar....plus some insurance companies count this as a modification, so make sure it is declared.

Grand Cherokee. Fixed towbar myself and installed aftermarket plug and play electrics. No issues with lease company other than that they insisted that I remove it before hand back, which I was able to do myself, so no cost. Great for me as i was also able to sell this on at a good price.

Volvo XC60 (1) . fixed my own towbar myself and installed aftermarket plug and play electrics. No issues with lease co. I even removed this towbar and put it on the next car, but left the cover on the bumper so unless you were under the car you never knew!

Volvo XC60 (2) with a different lease company to the above XC60. The lease company allowed me to fix a towbar, but I had to get the Volvo electrics this time and have them activated for a small fee (my own choice, as it was most cost effective solution). The lease co insisted that I leave the towbar installed on hand back as there was a cut out in the rear bumper. No issues really as it was 6 yr old (the towbar) at this point.

Audi Q3 (current car). Towbar installed at factory as this worked out cheapest option, so no issues. Lease company not questioned anything this time round!






You got me thinking...

What's the towing capacity of the XC60?

As we may have a switch about next year when OH has her lease car changed, making her car the tow car and then mine being the 'smaller' runabout....



-------------
Damned if I do...

Damned if I don't!!!!



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