Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by Steve
10pa is still probably about half of what most people do realistically a year these days
No way.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by Ben G
quote:
Originally posted by Steve
10pa is still probably about half of what most people do realistically a year these days
No way.
The average annual mileage quoted by valuation websites is 12k
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
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Nic Barnes
Member
Registered: 5th Apr 04
Location: nowhere near ginger people
User status: Offline
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I do about 4k work and back
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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quote:
Originally posted by Steve
quote:
Originally posted by Ben G
quote:
Originally posted by Steve
10pa is still probably about half of what most people do realistically a year these days
No way.
The average annual mileage quoted by valuation websites is 12k
Which is clearly not double 10k, you imbecile.
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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Indeed but I reckon thats well conservative
Either way its well over 5k taking it into the more expensive than buying new region anyway
[Edited on 24-06-2015 by Steve]
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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quote:
Originally posted by Steve
10pa is still probably about half of what most people do realistically a year these days
This deal is suitable for people who do low mileage per year, the average mileage of the average person (12k btw) is irrelevant to anything?
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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quote:
Originally posted by Steve
quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
Why do you need a Landrover covered in vynl to go to the shops m8?
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by Jambo
quote:
Originally posted by Steve
10pa is still probably about half of what most people do realistically a year these days
This deal is suitable for people who do low mileage per year, the average mileage of the average person (12k btw) is irrelevant to anything?
It most certainly is suitable for low milers, that isn't what is being highlighted though when people are arguing leasing is cheaper than buying.
I'd also question why anyone would want a lovely new car and not be able to drive it hardly anywhere, I'd hate that,
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by Jambo
quote:
Originally posted by Steve
quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
Why do you need a Landrover covered in vynl to go to the shops m8?
Difference is I'm not paying 200quid a month for the privellage of it sitting on my driveway
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NovaGTE2
Member
Registered: 26th Sep 06
Location: Peasedown St John, Bristol Avon
User status: Offline
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quote:
Originally posted by Steve
quote:
Originally posted by Jambo
quote:
Originally posted by Steve
quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
Why do you need a Landrover covered in vynl to go to the shops m8?
Difference is I'm not paying 200quid a month for the privellage of it sitting on my driveway
Isnt it your parents drive
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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I don't own the driveway correct, much like you don't own your car.
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NovaGTE2
Member
Registered: 26th Sep 06
Location: Peasedown St John, Bristol Avon
User status: Offline
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But I do 
Only thinking of leasing a new one to release the capital and buy another house which seems better than a car depreciating and costing money in repairs etc. I think I only prob do between 5-8K per year now so does work out quite cheap for me when road tax and warranty on my BMW cost £115 per month!
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by Steve
Indeed but I reckon thats well conservative.
I doubt it is "well conservative" but it is probably more 14/15k pa.
Either way, that corsa deal doesn't seem too bad, even if you use excess mileage, when compared to depreciation on buying one.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by Jambo
quote:
Originally posted by Steve
quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
Why do you need a Landrover covered in vynl to go to the shops m8?
Don't need a high performance brand new car. May want one though, and that's the difference.
Plus, you may have ~£150 spare every month. That'll take you a long time to save up enough to buy any car outright. And if you do the sums, £150 per month on a brand new car, whether you own it at the end of the term or not, may make more financial sense than a used car which could cost you £1k for a new engine the next month.
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spencer88
Member
Registered: 6th Oct 08
Location: cornwall
User status: Offline
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Exactly Deano!
I don't need to shop at River Island for jeans, but I prefer them over Primark ones.
It is simply what people can afford and want.
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DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
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quote:
Originally posted by deano87
quote:
Originally posted by Jambo
quote:
Originally posted by Steve
quote:
Originally posted by deano87
I reckon I do max 10k pa.
Commute to work is about 8.6k. Some weekends my car doesn't move from Friday to Monday.
So why do you need a high performance brand new car to drive to work and back
Why do you need a Landrover covered in vynl to go to the shops m8?
Don't need a high performance brand new car. May want one though, and that's the difference.
Plus, you may have ~£150 spare every month. That'll take you a long time to save up enough to buy any car outright. And if you do the sums, £150 per month on a brand new car, whether you own it at the end of the term or not, may make more financial sense than a used car which could cost you £1k for a new engine the next month.
If you've only got £150/month in spare cash you shouldn't be buying a new car full-stop..
Again peoples priorities are fucked up.. Many people think you're doing well if by the end of the month you're still just about scraping it into the black on the bank balance, honestly that is no way to live your life! Any little problem or change in circumstances and you're totally fucked.
[Edited on 25-06-2015 by DaveyLC]
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DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
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quote:
Originally posted by Steve
Difference is I'm not paying 200quid a month for the privellage of it sitting on my driveway
^^THIS
These low allowance PCP deals are just a convenient way of these companies making money because they know either one of the following will happen:
1) You'll hardly ever use the car, it will remain immaculate and it will be serviced correctly so they will get top money for it when it comes back (PCP company wins).
2) You'll go over the allowance and then they'll charge you for every mile you do, which in most cases this is a staggered charge the more you go over the allowance. (PCP company wins).
3) You'll fuck the car up or not follow the maintenance schedule, so the receive a massive charge to more than cover the depreciation loses incurred. But don't worry they can setup a convenient payment plan to cover this and of-course they are more than happy to roll this up in the finance deal on your next car. (Again the PCP company wins).
[Edited on 25-06-2015 by DaveyLC]
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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What if people need a car Davey, only have £150 p/m spare with no capital and want to lease a controlled cost vehicle that will provide reliable and warranted car for a commute to work to earn money at their job?
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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If they need a car that badly they will almost certainly be doing more than 5k per annum.
If they genuinely are only doing that sort of mileage then a reliable second hand car can be purchased for miles less than that. Again dont see the need or attraction of a shiny new nice car that will only get driven 400 miles a month
Surely it would drive you mental sat looking at thinking, I really wanna go for a drive, but shit I cant I'v already done 410 miles this month
[Edited on 25-06-2015 by Steve]
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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Ok so second hand car, will require finance as stated they don't have the capital to buy a car out right, so instantly lose £500-1k in interest. They will then have to pay annual MOT, higher tax, higher fuel costs, no breakdown included, more expensive insurance etc...
Its not all so black and white, and you mileage comment is irrelevant. A person would need to travel as far as they need to travel. I do 6k p/y as I live close to work.
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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Alright then go ahead and get one, enjoy driving it to work and back in the traffic and no other times
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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Why does it bother you so much, Steve?
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by DaveyLC
quote:
Originally posted by Steve
Difference is I'm not paying 200quid a month for the privellage of it sitting on my driveway
^^THIS
You can't compare old to new, so i'm not sure why a select few keep bringing it up 
quote:
Originally posted by DaveyLC
PCP company wins
Why are you talking about PCP when leasing is typically PCH? 
quote:
Originally posted by DaveyLC
2) You'll go over the allowance and then they'll charge you for every mile you do...
You get charged an excess which is usually a fixed price per mile. As i've mentioned, sometimes the excess can work in your favor depending on your lease deal.
quote:
Originally posted by DaveyLC
Again peoples priorities are fucked up..
You keep dragging the thread off topic by debating whether or not people can afford to lease (or rather finance but i'm not sure WTF that's got to do with car lease deals). As to the definition you posted, if you can lease a car without "incurring financial difficulties" then you can afford it - it's that simple 
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