Is this a good deal - Buying new Leon

[CraaigFR]

If I was 19 I wouldn't be buying a Leon unless of course it was the Cupra or Cupra r

There are a lot of better cars out there and still value for money but if you have your heart set on a Leon then go for it.
Why not shop around at dealers and play them off one another to get the best deal?

I think you really need to start again and list out all the options you want now that people have opened your eyes a little and get quotes for the extras you want.

I wouldn't get the use out of a cupra, Im pretty happy with how the fr feels to drive and also the running costs are perfect for what I want.

Leons are desirable looking cars regardless of what age you are, I know all the Leons I've had the lads in my area of that age have loved them. They look nice and there pretty quick for what they are. You can say that about any car regardless of how much you have to spend.

Yeah I think they are very nice cars and I am happy with my choice just want to get a good deal now

 

[Jarre]

I agree, i'm 18 and would love a 1.4tsi fr! I currently have a 1.2tsi an its got decent performance and is so so easy and nice to drive, but the fr is sportier looking, while still being sensible on insurance an fuel economy, with a pretty quick engine too!

 

[CraaigFR]

I agree, i'm 18 and would love a 1.4tsi fr! I currently have a 1.2tsi an its got decent performance and is so so easy and nice to drive, but the fr is sportier looking, while still being sensible on insurance an fuel economy, with a pretty quick engine too!

Yeah! I was very impressed with the performance for the size engine! its perfect for what I want it for.

 

[gregdaisley]

Just one last thing I thought of, a second flip key instead of the single old fashioned style key as a spare/second key if your parents/gf want one. Always wanted 2 of them!

 

[CraaigFR]

Just one last thing I thought of, a second flip key instead of the single old fashioned style key as a spare/second key if your parents/gf want one. Always wanted 2 of them!

Actually that's a sweet idea thanks for that mate btw how much are they to buy do you know?

 

[TomH01]

Just one last thing I thought of, a second flip key instead of the single old fashioned style key as a spare/second key if your parents/gf want one. Always wanted 2 of them!

When I got my FR+ new in March I was surprised as I got two flip keys with it.

 

[marks_leon]

I think there only about £80 has tha last post said it may come with 2 flip keys, can't see why they would supply one with 2 flip keys and not another.

 

[CraaigFR]

I think there only about £80 has tha last post said it may come with 2 flip keys, can't see why they would supply one with 2 flip keys and not another.

yeah thats strange i could ask i suppose

 

[Jarre]

Mine came with 1 flip key with remote central locking, the second key was a standard key with no remote central locking

 

[Gary@Cookies]

£18.5k is full list price so suppose nearly 3k extras isn't bad but they'll make all that back in the finance

Yeah, course they will and I bet you still believe in Father Christmas!

 

[Hugo Nebula]

Yeah, course they will and I bet you still believe in Father Christmas!

Please, do tell..

What's the best way to finance a car? Assuming one is fortunate and has the money to pay outright. Is it better to pay cash, or take out a manufacturer's finance deal, or dealer finance deal? What about when there's a PX (say 50% of the value of the new car) involved?

 

[LeonCR]

If you have the money to pay outright and there are no 0% finance deals it normally works out cheaper to pay in full

 

[bgf]

I got offered a 3yr finance with 3yr free servicing when I bought mine. It worked out to be roughly £2800 more than paying outright.

So if you can afford it, I'd suggest paying cash, unless 0% finance is offered as Irfan said.

 

[CraaigFR]

I wish I could pay the car out right lol!

 

[marty_34]

if theres no % finance deals a bank loan would be cheaper than finance through the garage. depends how long you plan on keeping the car

theres pros and cons to everything, if your buying an 18 grand car id expect the interest rate to be competitive, if not then the dealer is a rip off merchant

 

[vincent5525]

I purchased my car with cash, and the rest with a 0% credit card (over 22 months)

 

[CraaigFR]

Im going to get a bank loan dealers finance arn't usually the best

 

[Hugo Nebula]

The question I asked wasn't regarding the best finance. That's fairly easy to determine from the APR. What I queried was the belief that a dealer gets a 'kickback' from a finance company, and whether some of this could be passed on in a lower price to change than if using cash.

 

[Gary@Cookies]

The dealer does earn money if he charges over base rate but he'd have to charging ridiculous rates to get £3,000. If he was to earn that much on £18,750 over 3 years your APR would have to be around 26- 27%!

The advantage of HP over a bank loan is that you have termination rights under the 1974 Consumer Credit Act and to be honest the rates are often comparable.

The dealer usually gets 70% of whats called DIC (Difference in Charges) which means he only gets 70% of anything over base rate charges so he would rather cut the rate than take money off, it costs him less and there are no clawback charges if the customer defaults or terminates early.

 

[rmf24]

i think ill nail this thread on the head. buying a new car from a dealer on finance will never be a good deal. comminsion, interest , deprecation and running costs are all factors against. i can see were your coming from by getting some stuff threw in but depending on how you look after car with servicing and keeping tidy they wont make that much difference come time to change again.