View Poll Results: Did You Lease or Buy Your Car?
Leased
32
52.46%
bought
29
47.54%
Voters: 61. You may not vote on this poll
Did You Lease or Buy Your Car?
#1
Did You Lease or Buy Your Car?
I leased mine for 36 months. Its a first for me. In the past i've always bought but never kept a car for longer then 3 years. How about you guys?
#5
I was chatting with good friend of mine that works in the auto industry and told me that most people lease now.. I found that interesting. I always thought most people finance their cars and keep them for years
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#8
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Join Date: Mar 2015
Location: Netherlands
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C220d Avantgarde
My C220d will a company car so its a full operational lease for 48 months and 40.000 km (25000 miles)/ year. Its about €1500/ month. Yup including diesel at $5,50 per gallon.
#11
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#12
Newbie
Join Date: Jul 2015
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C250 Amg line diamond white
In the past i always use to buy a car then i realise i lose too much money then i start leasing.
I usually go for PCP (Personal contract purchase) this will be my 4th PCP deal.
Its on your own name in the end of contract you can buy your car what ever the value on that car left or give it back & replace it with new one that way,You get to drive brand new model car every 3 or 4 years.
I personally love it because ill rather put my £40000 in my business for 3 years & make more money.
I usually go for PCP (Personal contract purchase) this will be my 4th PCP deal.
Its on your own name in the end of contract you can buy your car what ever the value on that car left or give it back & replace it with new one that way,You get to drive brand new model car every 3 or 4 years.
I personally love it because ill rather put my £40000 in my business for 3 years & make more money.
#13
Member
It wouldn't be close. Cars depreciate much more in years 1-3 than years 4-6. So if you did two leases, you'd take the big depreciation hit twice.
#14
Junior Member
Join Date: May 2015
Location: UK, Hounslow
Posts: 45
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W205 AMG prem+ (waiting delivery)
In the past i always use to buy a car then i realise i lose too much money then i start leasing.
I usually go for PCP (Personal contract purchase) this will be my 4th PCP deal.
Its on your own name in the end of contract you can buy your car what ever the value on that car left or give it back & replace it with new one that way,You get to drive brand new model car every 3 or 4 years.
I personally love it because ill rather put my £40000 in my business for 3 years & make more money.
I usually go for PCP (Personal contract purchase) this will be my 4th PCP deal.
Its on your own name in the end of contract you can buy your car what ever the value on that car left or give it back & replace it with new one that way,You get to drive brand new model car every 3 or 4 years.
I personally love it because ill rather put my £40000 in my business for 3 years & make more money.
#16
Member
Join Date: Jan 2015
Location: Her Majesty's Glorious Midlands of the United Kingdom of Great Britain
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2015 C220 AMG Premium Plus Estate (S205)
Leasing over 24 months. Which is ideal as I'm now down to only 15 months left before I can get a decent car.
#17
Junior Member
Join Date: Jun 2015
Location: Louisville, Kentucky
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C300
You are almost always better off purchasing a car than leasing it unless you want a new car every two to three years and even then it's usually better to purchase. The only time it is usually better to lease is if you are deducting the lease payments for your business and drive low miles.
#18
I heard the same. If you want the car for only 3/4 years you are better off leasing. If you plan to keep it 8 years+ then definitely finance
You are almost always better off purchasing a car than leasing it unless you want a new car every two to three years and even then it's usually better to purchase. The only time it is usually better to lease is if you are deducting the lease payments for your business and drive low miles.
#19
Junior Member
Join Date: Jan 2015
Location: South London
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Merc GLC Coupe 250d AMG Line Prem Plus
Leased mine! Against the business though so few more perks! Decided to even get one for my dad as they were so cheap!
Have a few friends who lease personally as well. Think its definitely the way forward when you can pick up a AMG Line spec now for 26k when it was 40k last year! ... Depreciation is a bummer! 2 year lease 10k annually. for me I cant be happier.
Have a few friends who lease personally as well. Think its definitely the way forward when you can pick up a AMG Line spec now for 26k when it was 40k last year! ... Depreciation is a bummer! 2 year lease 10k annually. for me I cant be happier.
#23
Interesting Lease v Purchase - Looking at my Jaguar XF traded in for my new C Class, I have to find £13,300 between the difference between trade in value and discounted price on the C Class. As my Jag will 3.5 yrs old, it has cost me £317 per mth to own. Based on this, their is little difference between leasing and purchasing.
Looking forward, my C Class will be depreciate against its full retail cost as opposed to what I actually paid. Dealers are selling secondhand C Class's several thousand above what I am paying for a new one.
So Lease v Purchase very much depends on the 1) discount you can secure on your purchase and 2) trade in value of your current vehicle.
Looking forward, my C Class will be depreciate against its full retail cost as opposed to what I actually paid. Dealers are selling secondhand C Class's several thousand above what I am paying for a new one.
So Lease v Purchase very much depends on the 1) discount you can secure on your purchase and 2) trade in value of your current vehicle.