Dont mean to annoy anyone but my facelift S3 with 2k of options will be costing me £380/month for 3 years, no deposit, incl maintenance, tyres, road tax and insurance
)) 10k miles/year
Is this a private purchase, because it makes no sense!
Rough figures to demonstrate:
S3 with £2,000 worth of option is £29,000 less any discount, and as it's facelift I'll assume discount is small!
Tax for the additional 2 years will be £500 I think in the new system
Tyres - assume 2 sets in 30k miles will be £1000
Servicing, again, assume 2 will be £650
3 years insurance at £650 a year £1950
In total that brings the cost of the car to the lease company to £33,100
Now after 3 years lets say your car is worth £16,000
Your £380 a month x 36 equates to £13,680
So £33,100 - £13680 = £19,420
The lease company is out of pocket £3,420!!!!
No one in their right mind would sign that off?
Are you sure you haven't got a 1.6 special edition on the way
If it's a company car have you factored in the true cost, ie, what you're going to be taxed, cause the real world figure is a lot scarier than that.
I had the option of getting a company car and was considering the 2.0TFSI s-line.
Losing my car allowance and the amount of tax I would receive would equate to a true cost of around £540-£560 a month
I got my S3 worth £30k for the same monthly price with just a £1500 deposit and all servicing, tyres etc included and 15k miles a year allowance.