Car Leasewimb. I been looking more and more at it.

So the initial rental say for a year i pay upfront means i don't have to pay anything for that year?

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Originally Posted by Pat Vegas

So the initial rental say for a year i pay upfront means i don't have to pay anything for that year?

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PCP? why would you pay a year up front?

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Originally Posted by Pat Vegas

So the initial rental say for a year i pay upfront means i don't have to pay anything for that year?

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Unless you have found a very peculiar example, no. You pay the upfront payment, then the monthly payments will start the following month.

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Originally Posted by Sir C

Unless you have found a very peculiar example, no. You pay the upfront payment, then the monthly payments will start the following month.

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ah, I see what he is talking about.

:nod: the initial rental is actually a deposit, f.

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Originally Posted by Sir C

Unless you have found a very peculiar example, no. You pay the upfront payment, then the monthly payments will start the following month.

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These deals are all loaded in favour of the dealer / finance provider of course.
Robbing cnuts, the lot of em ;-)

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Originally Posted by IUFG

These deals are all loaded in favour of the dealer / finance provider of course.
Robbing cnuts, the lot of em ;-)

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Only in the sense that any transaction where the vendor has something you need and wants money for it is loaded in their favour, iufg.

We'll have a bit less of that commie talk, thank you.

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Originally Posted by IUFG

These deals are all loaded in favour of the dealer / finance provider of course.
Robbing cnuts, the lot of em ;-)

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The dealer is generally taking a margin of around £300 from a lease deal. He'll take a commission from the finance company, of course, and the unit will count towards his target so may result in a bonus being paid, but the only real winner is the finance company.

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Originally Posted by Burney

Only in the sense that any transaction where the vendor has something you need and wants money for it is loaded in their favour, iufg.

We'll have a bit less of that commie talk, thank you.

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the financiers make money from the process THEN they add 'penalties' for, say, excess mileage.
do they give you any credit for doing fewer miles than in the agreement? Do they ****.

then when you go to trade it against a new one they invariably say there is a shortfall in finance paid versus the residual value of the motor.

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Originally Posted by IUFG

the financiers make money from the process THEN they add 'penalties' for, say, excess mileage.
do they give you any credit for doing fewer miles than in the agreement? Do they ****.

then when you go to trade it against a new one they invariably say there is a shortfall in finance paid versus the residual value of the motor.

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You're going to start blaming the Jews, aren't you, iufg? :-\

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Originally Posted by Burney

You're going to start blaming the Jews, aren't you, iufg? :-\

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certainly not. My ancestors are displaced European jews, b.

I recall you called me a mongrel when I previously disclosed this information, b :-|

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Originally Posted by IUFG

certainly not. My ancestors are displaced European jews, b.

I recall you called me a mongrel when I previously disclosed this information, b :-|

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Yes, well it's not the sort of information one should just go around volunteering, iufg. Bad enough to have that sort of unpleasantness in one's lineage without going around advertising it. :-(

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Originally Posted by IUFG

ah, I see what he is talking about.

:nod: the initial rental is actually a deposit, f.

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See the silly sausage at work who sits next to me said he doesn’t have to pay anything for his new BMW until next year.
I fear he may be in for a surprise