Leasing new Audi TT Roadster. Need advice!

[Jack Parsons]

Hi everyone,

First post on the forum and looking for some advice on a brand new TT Roadster 1.8 sport with metallic monsoon grey with the Audi sound system upgrade. Total cost is 6+35 at £308 inc. vat on a personal lease on 9000 miles pa

I'm 23 next month and will have 5 years no claims (touch wood!) so insurance isn't too bad. I love the car but it is just over budget (was hoping for £300 a month at a push but hey ho)

On the pistonheads forum I've been told many times it's a terrible offer but I can't seem to find a better one out there! I'm not looking to purchase as I can only muster a 2k deposit and would not want to take money out of house savings to pay for a fault if needed.

I can probably get the equivalent coupe version for about £20 cheaper a month.

Servicing is also not included so would like some advice on intervals and oil changes with prices if possible?

I currently pay £245.57 a month on a 1.2 VW polo (young guy buying his first new car and mistakes were clearly made!)

Any thoughts would be hugely appreciated!

 

[Lavis89]

buy a cheap car for 2k, run it for a year or 2, save a whole load of cash purchase a house then lease a nice shiney new car. Houses go up in price and will probably keep doing so, so should be a priority. Flash cars are wasted money (coming from a 2011 S4 owner) only worth having one if you can afford to waste the money.

 

[Jack Parsons]

I wouldn't mind buying a mk1 to be honest I just can't afford to have problems with it as my job requires me to use my car. It's a scary gamble!

 

[DieselJake]

I'm sure most of us need a car to get to work but there's always other options if they break, older cars don't cost £300+ a month in repairs (baffles me that anyone would even pay that much to borrow a car).

I'm 27 and have saved enough cash to pay less than you will be paying on a mortgage each month.

 

[Jack Parsons]

I'm sure most of us need a car to get to work but there's always other options if they break, older cars don't cost £300+ a month in repairs (baffles me that anyone would even pay that much to borrow a car).

I'm 27 and have saved enough cash to pay less than you will be paying on a mortgage each month.

Fair enough, but big hits such as gear boxes and clutches can be painful. Unfortunately with regards to "other options" of getting to work. There are simply none immediately available to me as I'm required to drive roughly 5 miles 4 separate times during my working day and be on call to travel across the county at any given moment. Mobile IT technician covering 11 schools alone gets busy

 

[Lavis89]

if you paid 2k for a car, then stuck a reconditioned gearbox with new clutch in the car that would still probably only equal to 1 years worth of what your lease would cost so end up saving 6-7k over the other 2 years.

 

[Ghost]

on a personal lease on 9000 miles pa

I'm required to drive roughly 5 miles 4 separate times during my working day and be on call to travel across the county at any given moment.

What miles did you do last
year?

I'd think you'd clock up 9k fairly quickly running around the country 5 days a week, that's without pleasure miles on the weekend?

 

[DrEskimo]

if you paid 2k for a car, then stuck a reconditioned gearbox with new clutch in the car that would still probably only equal to 1 years worth of what your lease would cost so end up saving 6-7k over the other 2 years.

This....!

Unfortunately its the way in which these two things are paid that makes people prefer the lease deals. People will happily pay few hundred a month, knowing that they don't have to fork up thousands at any one time if something were to go wrong.

But as you say, it ends up costing thousands of pounds more over the years. Could end paying £10k over a couple of years and then have to start all over again, whereas you can buy a used car for £10k and will cost you nothing but the odd repair bill after a couple of years, and will last you for many years!