[Misc] Any old farts on here lease their cars?

[Cadiz Seagull]

I didn't buy a car when I moved back from Spain because I didn't need one; I live 100 yards from the station and parking is a bugger so I use public transport and rent a car on the rare occasions I need one.

But I'm seriously thinking of moving and if I do I will be a bit out of town and public transport isn't really an option so I will almost certainly need a car.

I need to decide whether to lease or buy.

Leasing is attractive but presumably all cars are either brand new or pretty new and therefore would cost more; is there anywhere that leases second hand cars? I don't need a brand new car. I'm only likely to do no more than 10,000 miles per year and probably less.

Any companies that specialise in old farts? I'm 71.

Im not asking if leasing or buying is best, if I was younger and working full time I would definitely lease. I'm really looking for someone my sort of age who decided to lease rather than buy, and how that worked out.

 

[AmexRuislip]

Try https://www.leasingoptions.co.uk

 

[severnside gull]

I've been leasing for the last 10 years or so and just switched cars agsin this week.
I love it that I have a reliable motor with insurance and servicing included and I can change cars to freshen things up periodically.
The only down side is a limit on mileage allowed within the lease and you have to be realistic (maybe even pessimistic) about how much use it'll get. You don't want to be worrying about using the car towards the end of the lease.
After a lifetime of other priorities leading to always driving an old banger, its been one of my better retirement decisions.

Reminds me that I must remember to get a certificate of leasing before heading down to Spain for 5 weeks in the new year. Got stopped in Holland a few years back and with no owners' log book it was tricky.

 

[Cadiz Seagull]

I've been leasing for the last 10 years or so and just switched cars agsin this week.
I love it that I have a reliable motor with insurance and servicing included and I can change cars to freshen things up periodically.
The only down side is a limit on mileage allowed within the lease and you have to be realistic (maybe even pessimistic) about how much use it'll get. You don't want to be worrying about using the car towards the end of the lease.
After a lifetime of other priorities leading to always driving an old banger, its been one of my better retirement decisions.

Reminds me that I must remember to get a certificate of leasing before heading down to Spain for 5 weeks in the new year. Got stopped in Holland a few years back and with no owners' log book it was tricky.

Thanks Severn, who do you lease from?

 

[Beach Hut]

How old do you have to be to qualify as an old fart ?

 

[Rugrat]

We lease because we're in Tenerife 6 mos a year and can't be bothered with all the cost that goes with leaving a car on drive for 6 months

Try What Car ... they do a leasing page. We got a Peugeot 2008 for 170 a month ... pretty ordinary car but all anyone needs if you're not hoofing up and down M'ways

 

[Rugrat]

How old do you have to be to qualify as an old fart ?

71 or over at the minimum

Edit ... my eldest reckons 56

 

[BigGully]

I've been leasing for the last 10 years or so and just switched cars agsin this week.
I love it that I have a reliable motor with insurance and servicing included and I can change cars to freshen things up periodically.
The only down side is a limit on mileage allowed within the lease and you have to be realistic (maybe even pessimistic) about how much use it'll get. You don't want to be worrying about using the car towards the end of the lease.
After a lifetime of other priorities leading to always driving an old banger, its been one of my better retirement decisions.

Reminds me that I must remember to get a certificate of leasing before heading down to Spain for 5 weeks in the new year. Got stopped in Holland a few years back and with no owners' log book it was tricky.

I am also a committed leaser, but may I suggest that you do some calculations on the mileage, I found bizarrely that if you under estimate your mileage and have to pay for excess mileage fee of 'x' pence per mile that it was no more than if I had been pessimistic paying at a higher monthly rate, so in actual terms it might be worth under estimating and if needed pay the excess mileage at the end of the lease, of course assuming you will budget accordingly.

 

[severnside gull]

Thanks Severn, who do you lease from?

Ford Leasing.
It limits you obviously and if I started again now I might go with someone like Direct Line Leasing which gives access to a much wider range. Although I freely admit to having somewhat rashly jumped in with Ford at the beginning I've never regretted it. I'm on my second Kuga diesel and it does everything I could wish for including a fair few motorway miles.

 

[severnside gull]

I am also a committed leaser, but may I suggest that you do some calculations on the mileage, I found bizarrely that if you under estimate your mileage and have to pay for excess mileage fee of 'x' pence per mile that it was no more than if I had been pessimistic paying at a higher monthly rate, so in actual terms it might be worth under estimating and if needed pay the excess mileage at the end of the lease, of course assuming you will budget accordingly.

You're right I suspect. My OCD tendencies (and a natural carefulness that probably comes from being a fully qualified old fart) does lead me to sometimes uneccessarily dot the i's etc beforehand.