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New Landrover Defender from £45k

go to rural europe and they are all using Dacia Dusters these days

There are loads of them around here in rural Worcestershire - and the owners seem very happy with them - the boot isn't big enough for our needs, but they seem solid enough, and their off-road capability seems to cope with mud, snow, and wet, grassy fields...
 
A lot of people just lease them nowadays.

My cousin whom I had not seen for around ten years rolled up to a family function the other week in a brand new Porsche Cayenne. He later informed me it is on some kind of deal where he never owns it, but he pays the depreciation on it. Plus the maintenance costs, tax, insurance etc.

Not entirely sure of the sums involved, but I suspect that the depreciation just driving that out of the showroom will be knocking on 20k. Throw in a couple of years driving and he’ll be shelling out >£35,000 for a car that isn’t his. Mental.
 
My cousin whom I had not seen for around ten years rolled up to a family function the other week in a brand new Porsche Cayenne. He later informed me it is on some kind of deal where he never owns it, but he pays the depreciation on it. Plus the maintenance costs, tax, insurance etc.

Not entirely sure of the sums involved, but I suspect that the depreciation just driving that out of the showroom will be knocking on 20k. Throw in a couple of years driving and he’ll be shelling out >£35,000 for a car that isn’t his. Mental.

Also it's basically just a volkswagen but one where you pay an extra 20 grand for a porsche badge.
 
My cousin whom I had not seen for around ten years rolled up to a family function the other week in a brand new Porsche Cayenne. He later informed me it is on some kind of deal where he never owns it, but he pays the depreciation on it. Plus the maintenance costs, tax, insurance etc.

Not entirely sure of the sums involved, but I suspect that the depreciation just driving that out of the showroom will be knocking on 20k. Throw in a couple of years driving and he’ll be shelling out >£35,000 for a car that isn’t his. Mental.
Contract hire. Will be costing £700 - £1300 a month depending on spec and mileage over four years apparently. So if you go for the median at 1k a month that's 48k for a car you have to give back. Mental.
c7ec8c01e95327c6b0b77239b9c6b0c1.jpg
 
Contract hire. Will be costing £700 - £1300 a month depending on spec and mileage over four years apparently. So if you go for the median at 1k a month that's 48k for a car you have to give back. Mental.
c7ec8c01e95327c6b0b77239b9c6b0c1.jpg



Ironically it was this same cousin having his car stolen when he was 18 and having to pay back a loan on the stolen car that prompted me to never borrow money to buy a car, have always bought outright, which normally meant old and un-flash motors, in fact my previous car was the only one I have ever sold/traded in, all other cars have been run in to the ground.
 
Ironically it was this same cousin having his car stolen when he was 18 and having to pay back a loan on the stolen car that prompted me to never borrow money to buy a car, have always bought outright, which normally meant old and un-flash motors, in fact my previous car was the only one I have ever sold/traded in, all other cars have been run in to the ground.
I'm still at the buy cheap and run into ground phase. I plan to buy a new car in next few months and will be first time I spend more than a months wages on one (reckon I can get an ok estate with a bit under 100k on clock for < 4k if I shop around and don't mind it being 10 years old).

Fuck paying more for a car than my mortgage costs each month
 
Ironically it was this same cousin having his car stolen when he was 18 and having to pay back a loan on the stolen car that prompted me to never borrow money to buy a car, have always bought outright, which normally meant old and un-flash motors, in fact my previous car was the only one I have ever sold/traded in, all other cars have been run in to the ground.
I am the same, always bought low cost used cars and usually used them until repairs were getting too much. The only time I had a new car was a Ford Mondeo company car back when I was a rep.

It depends on what a car means for you. For me a car has to be reliable and usually fairly economical transport which I use every day to get around in. Some seem to get some self esteem from what they drive and usually that means they have to pay more for that status.
 
I do see the attraction of a lease if you are wedged, just for the convenience. No MOT for first three years, everything works, and if you pay for maintenance you literally just have to insure and stick fuel in. My car doesn't lock, one of the windows doesn't open, and it sometimes slips out of gear for no reason. But unless you have upwards of 5 or 6k net a month coming in then surely there are better things to spend money on, like I dunno a pension or something
 
Contract hire. Will be costing £700 - £1300 a month depending on spec and mileage over four years apparently. So if you go for the median at 1k a month that's 48k for a car you have to give back. Mental.
c7ec8c01e95327c6b0b77239b9c6b0c1.jpg

That E-Hybrid is good value.

I lease my wife's X5 because it's easier to make tax efficient than an outright purchase with sufficiently energetic accounting techniques.
 
Neither being less ugly than its predecessor, nor SUVs having become normalised, make it great. It's ugly.
 
That E-Hybrid is good value.

I lease my wife's X5 because it's easier to make tax efficient than an outright purchase with sufficiently energetic accounting techniques.
Is it through a business so no VAT and all offset against corporation tax? Can't claim mileage then though I don't think.

Offsetting against business costs aside, I question a £700 p/m cost before tax insurance and fuel being good value. Can understand the 'i've got money and cba maintaining a car' argument but value, nah
 
I do see the attraction of a lease if you are wedged, just for the convenience. No MOT for first three years, everything works, and if you pay for maintenance you literally just have to insure and stick fuel in. My car doesn't lock, one of the windows doesn't open, and it sometimes slips out of gear for no reason. But unless you have upwards of 5 or 6k net a month coming in then surely there are better things to spend money on, like I dunno a pension or something
I lease my car because back in 2015 the old A-class was going wrong a few years ago, I had to pay steep tax, MOT never seemed to come in at less than £150, some repairs, it was drinking petrol, the air con didn't work, a bit of wear on the tyres etc.

I ended up getting a brand new Citroen Picasso for 12 months at £150 per month, max 10k miles per year. No tax, warranty, modern car comforts.

After 12 months I got a Skoda Yeti DSG. Great car. Same £150 per month but 8k miles, which I didn't breach, and over 24 months.

My most recent car is a BMW 225xe at £239 per month over 18 months, 12k miles for the duration. More expensive than the other two, but it is a PHEV and I can charge it for free in work. I do about 500 miles per month and spend a max of £10 on petrol and maybe £5 on electric. The rest being subbed by my employer.

I think there's very little in the difference between a cheap lease and running a banger, but you get the benefit of driving a new car with satnav, phone connectivity, heated seats, modern safety technology.
 
I spent £118.00 over the last 4 weeks, inc insurance, road tax, AA and petrol. I did between 500 and 650m in that period.
 
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I spent £118.00 over the last 4 weeks, inc insurance, road tax, AA and petrol. I did between 500 and 650m in that period.
That's quite unusual, what are you driving?

I presume that having money left over from petrol means that you are driving something very efficient, which contributes towards low tax and insurance.

My insurance is usually between 300 and 400 per year.

All the lease cars I have had have had breakdown assistance. I've only had to call upon it once for a puncture in the Skoda. But before that I used to switch between AA, RAC, Green Flag, taking advantage of their intro offers.
 
Getting back to the Defender, the old model wasn't at all cheap when they discontinued it, was it?

I can't find anything online but seem to recall that it was shocking money for a 70 year old design.
 
That's quite unusual, what are you driving?

I presume that having money left over from petrol means that you are driving something very efficient, which contributes towards low tax and insurance.

My insurance is usually between 300 and 400 per year.
A 1.2 Vauxhall Corsa. My insurance is something like £220 .. If I had given you the last 6 weeks cost the average would have risen a bit because 6 weeks ago I had to spend £90 odd on a replacement battery. I spent £77.00 on petrol in that period.

All the lease cars I have had have had breakdown assistance. I've only had to call upon it once for a puncture in the Skoda. But before that I used to switch between AA, RAC, Green Flag, taking advantage of their intro offers.
 
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Nah, the old one was fugly but new Cayenne Coupé looks great. They've squashed it down, lowered it and changed the roof line. It looks like a 911 on steroids now.

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I'm not normally into those bigged up cars but I think it looks quite nice. Then again, I'm not a car hater.
 
Getting back to the Defender, the old model wasn't at all cheap when they discontinued it, was it?

I can't find anything online but seem to recall that it was shocking money for a 70 year old design.

Oh yeah, they were stupid money. I don't think you could buy one for £30k, but they were a) basic, and b) crap. A 6 hour motorway drive could bring on curvature of the spine...
 
A 1.2 Vauxhall Corsa. My insurance is something like £220 .. If I had given you the last 6 weeks cost the average would have risen a bit because 6 weeks ago I had to spend £90 odd on a replacement battery. I spent £77.00 on petrol in that period.
Sorry, I stupidly thought that you had paid all those bills for the year in that period. Now it makes sense
 
Nah, the old one was fugly but new Cayenne Coupé looks great. They've squashed it down, lowered it and changed the roof line. It looks like a 911 on steroids now.

_SB14522.jpg

The side and back look OK, the front still needs work. And the whole thing screams that you can’t afford an Urus, or, since hooking up with my cuz, ‘rented’.
 
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