Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
  
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Gents,
I purchased my 13 MY HSE Luxury outright as a cash sale... It has been brilliant but the mileage is flying up now reaching 47,000 miles in 20 months.. As such I have been looking at the best possible and cost effective time to dispose of her and replace with a like for like....
The car has been stunningly perfect and I'm more than happy to keep her...my company runs a 5 year /160,000 mile duration period.
Thus I could keep her for another couple of years but with that mileage she will be worth next to nothing...
I looked at part xing recently but the change over cost was excessive with a poor price offered for part exchange..
Hence I'm now looking at leasing plans which although more expensive my car allowance should cover... I could then sell mine privately and bank the remains...
Has anyone had any blinding deals or know of any good companies that could assist with my plans?
All thoughts gratefully received..... 
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 18th Dec 2014 10:59 pm |
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Scarab
Member Since: 11 Jun 2011
Location: Hastings
Posts: 1283
 
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I know a couple of people who lease Disco's.
The only feedback that both of them have given is there are some fantastic deals about, however they really sting you for any sort of spec.
Both ended up with SE's as they worked out nearly £300 a month cheaper than a HSE/Lux, For one guy that was almost double the cost.
Doesn't quite make sense really. But I reckon you could go to most leasing companies and get a SE for about £500 a month on a 48 month lease.
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| 18th Dec 2014 11:10 pm |
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Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
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Yes it's a difficult one to work out the maths on...alternatively do I just keep what I've got and try and bank the money the business gives me?
One of my concerns would be to sign up for a 3 year deal on a 15MY only to find JLR release the new Disco 5! That would hurt!
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| 18th Dec 2014 11:23 pm |
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GLYNNE
Member Since: 06 Oct 2006
Location: KENT
Posts: 4675
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My guess would be that with the high mileage you would be absolutely stung with leasing 
The best option you have would be taking Steveraspberry's out every other week to give yours a rest 
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| 18th Dec 2014 11:28 pm |
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Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
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A brilliant idea....I'll leave you to float the idea with Steve.... You're right it does them no good just sitting on his drive doing nothing....
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| 18th Dec 2014 11:33 pm |
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steveraspberry
Member Since: 18 Sep 2011
Location: Nr Sevenoaks,Kent
Posts: 2081
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Thanks Glynne and Iain, I knew I could rely on my mates to help me out   My17 Volvo XC90 Inscription
MY15 Mitsubishi L200 Barbarian
RGK Tiga Fx Wheelchair,
Large Alsation called Abbs 
Medium blue Staffie called Piglet
Medium Alsation called Bailey
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| 19th Dec 2014 12:10 am |
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GLYNNE
Member Since: 06 Oct 2006
Location: KENT
Posts: 4675
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No problem 
Any joy with the estate car 
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| 19th Dec 2014 12:11 am |
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steveraspberry
Member Since: 18 Sep 2011
Location: Nr Sevenoaks,Kent
Posts: 2081
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Not yet mate. Need to get over to do the test drives yet. The Jag looks great but Mercedes still haven't returned my calls yet My17 Volvo XC90 Inscription
MY15 Mitsubishi L200 Barbarian
RGK Tiga Fx Wheelchair,
Large Alsation called Abbs
Medium blue Staffie called Piglet
Medium Alsation called Bailey
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| 19th Dec 2014 12:15 am |
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Gareth
Site Moderator
Member Since: 07 Dec 2004
Location: Bramhall
Posts: 26754
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I think you are in the same boat as me FC, I have a 13my HSe Lux, paid for. I bought it with the plan to drastically cut back my business miles, by bringing up staff to take over my on-the-road duties. However, it has not gone to plan because we now have more work, and I'm having to fill in the gaps again. Mine is now coming up to 40k.
I was thinking about getting out of it before the miles go sky high, and leasing a new one. I've not explored any deals yet, but will watch this with interest.
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| 19th Dec 2014 1:13 am |
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Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
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Gareth,
Sounds like we need a forum group lease....
I can't fault the car at all and is absolutely perfect for what I need a car for....unfortunately the stealers tried to give me a £22 k kicking after year one which was rather rude... There was no way I could take that kind of knock as it was a self financed purchase.. What I'm hoping is that I can get a straight lease deal for a similar amount that the company pays me for my car allowance...so rather than going down the HP route look at some kind of lease or PCP deal.... Just want a straight rental really with no final balloon payments..quite happy to hand the car back and start a new plan and continue on a rolling deal...
I've had a couple of figures thrown at me on 3 and 5 year plans with a 25k per annum mileage which on an HSE Luxury spec were coming out at £1100 and £840 respectively on a fully serviced tyres, service regime etc etc which seems expensive at face value so thus am looking around...
At this money it's worth weighing up another outright purchase or finance where at least you've got the remains of the car as some sort of equity.....don't know what a 150.000 mile HSE Luxury is worth at 4/5 years old??
Quite happy to PM you any deal I've got and see if we can sort out a deal......
JLR if you're listening Gareth and I are quite happy doing some real life mileage and development testing on the new Discovery 5 if you want?
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| 19th Dec 2014 8:05 am |
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Gazellio
Member Since: 09 Jan 2011
Location: Chilterns
Posts: 4130
 
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This is worth playing with and remember £22000 loss over a year quoted by your dealer has to be accounted for whoever owns it....
http://www.ukcarline.co.uk/car-leasing/lan...-5dr-auto/
If its a HSE Lux then I think something close to £1000 a month fully serviced and handed back after 50000 and 24 months for another brand new beauty is reasonably cost effective compared to buying....
Good luck 
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| 19th Dec 2014 8:33 am |
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Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
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Thanks Gary....got excited for a minute on that link you posted and then I saw the bit 'excluding VAT' drat....
That's the issue ....do you commit £1000 per month to lease or £1000 per month to buy and will the finance equal the residuals in the long term trying to deal with balloon payment at the end?
Many thanks and more food for thought....
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| 19th Dec 2014 8:57 am |
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Gazellio
Member Since: 09 Jan 2011
Location: Chilterns
Posts: 4130
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Will your company not get the VAT back?
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| 19th Dec 2014 8:59 am |
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Farmer Chalk
Member Since: 07 Mar 2013
Location: Independent Republic of Kentishshire.
Posts: 4190
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Depends whether I put it through the company... I've effectively opted out of the company car scheme but am trying to see if they will deal with the leasing ? Few tough questions and got to butter up the boss.....
Unfortunately it's not my books that I have to balance.....
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| 19th Dec 2014 9:28 am |
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Gazellio
Member Since: 09 Jan 2011
Location: Chilterns
Posts: 4130
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If they give you £1000 (not VAT registered) or a VAT registered leasing firm £1000 + VAT should make no difference to them as they reclaim it.
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| 19th Dec 2014 9:34 am |
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