Thanks for the reply, I didn't think about pre-reg and after looking there are some very good savings to be had, I might go down this route. As you say, many of the lease contracts do seem to be very strict on mileage and can hit you hard on 'ware and tare' at the end of the contract.Leasing - Cons - Watch out for, the amount of upfront cost, is the deal a certain mile/yr, over milage charges, damage charges at end of lease, especially the cost to repair. Does deal include maintenance ? Most deals quoted don't include tax.
Pros - New car every few years, don't pay out up front for new car, can be cheaper than buying.
Buying. Pro - You own car, no milage restrictions, you fund a deal to suit you. Con - up front cost, got to haggle (?)
I have a company car with via a lease company, easy one stop shop, but end of lease even the smallest mark seems to be a major issue, over milage charges can be steep.
I have just purchased a pre-reg Volvo XC60 for my wife, got a great deal buying this way, but we plan to keep this car for 5+ years so don't mind paying out up front.
it all depends on what you want from the car, what you can afford, how long you want the car for and if you want a brand new car.
if buying I would go for a pre-reg all day long, some great deals out there.
if you want to regularly swap the car and do low mileage the a lease car may be a better deal.
That's the thing that puts me off buying new, many cars just seem to plummet in value after you drive them off the forecourt. I'm self employed so sadly I don't have the corporate option.Not sure who you work for but Hyundai have corporate deals with loads of companies my wife works for the NHS and you can for them, this is to buy but it took big % of some cars, I think Vauxhall do the same and other companies are bound to. We got my wife a 308sw list was 21k and got it for 14k brand new but three years on it's only worth 6k
That's the thing that puts me off buying new, many cars just seem to plummet in value after you drive them off the forecourt. I'm self employed so sadly I don't have the corporate option.
I quite like the look of the Volvo XC60 and it 's the sort of car I'm looking for, just found a pre-reg with 8k off the list price.
Not the best?note - MPG of the car is not the best expect mid 40s for diesel auto
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