Yeah how does Lee always manage to get a good deal on cars and then the market changes!

 

Couldn't have expressed it better myself!

 

Leasing car is pretty good if you are only doing <10k miles and want a mainstream car. In fact, even performance cars can be had leasing too.

Stear clear of the mainenance and budget yourself - they always charge more and it's not really needed on a new car.

Balloons - you can't negotiate with lease companies, this tends to only be available when you PCP.

Audi offered me a contract hire on a loaded A8 4.0 TDI for

 

prices look good but jeez that site gives me a headache

 

Leasing is popular with company car drivers because more and more companies do not want to manage their own fleet or even to manage outsourcing running a fleet.

Instead they can pay the employee in cash and leave all the hassle to them.

For the employee's part they get a sum with which to purchase and maintain a car. This is where the lease comes in. Most company car programmes have certain stipulations e.g.

Minimum 4 seats
Adequate boot space
Reliable, in good condition, new or nearly new.

Because the employee is being given

 

That's true; I did a balloon lease on the MX-5 and so had to keep the mods to a minimum...

 

I am on my 4th PCP lease and have always just handed back the keys after 3 years. As for mods, my only experience was Honda with my S2000, I knew I wanted an HKS exhaust etc from new when I got mine, so I got the dealer to do it and bundled the price in with my lease and had no problems at hand back time.

For my SLK 350, I was buying new, so I had little space to negotiate on price, but the dealer did match the APR on the repayments with a lease quote from an independent, I actually reduced the monthly payments by about

 

it is a debt.