Car Leasing vs Owning UK - Save THOUSANDS Leasing vs a PCP

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Car Leasing vs Owning UK - Save THOUSANDS Leasing vs a PCP
In this video, we look at the benefits of car leasing vs owning a depreciating asset like a car. We look at car leasing vs PCP and how similar they are in some ways.
Leasing a car is similar to hiring a car, but for a much longer period of time - 2, 3 and 4 car leases years are the most common. Lease cars are brand new, however, you do not own the car and you will not receive a V5 you will, however, be the registered keeper.
00:00 Intro & basics
04:50 Leasing vs owning
13:27 Example of PCP
16:38 Example of Lease Agreement
19:14 Finding deals
I've leased cars privately for several years now and find it a great way to drive around in a brand new car for a very reasonable price with a simple exit at the end. Leasing has always given me lower deposits, no road tax, lower monthly costs, and no dreaded balloon payments! Just remember that the car needs to go back in good condition, and needs to be serviced in accordance with the manufacturer requirements.
We look at an example deal on an Audi A3 and how over 3 years you're over £5k better off on the lease deal than with a PCP - and it's a more expensive car!
www.cars2buy.co.uk/personal-c...
leasing.com/
www.nationwidevehiclecontract...
leaselo.co/notaguru-jan-lease...
I hope you find this video useful, please give us a thumbs up if you do and please leave comments below. Not everyone shares my opinion on car leasing so would love to hear some good arguments against it.
Please like and subscribe ;)
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31 май 2024

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Комментарии : 155

@SirPablo2Pablo 3 года назад

This guy need more subs... excellent content...I have more subs. My content is rubbish (apart from my daughter singing !!

@DefinitelyNotAGuru 3 года назад

I will check out your channel. Thank you Pablo 👍👍👍

@BDX55 2 года назад

Good video. I wish I had this information when I first started leasing 11 years ago. I’m on my fourth lease car now which is due to end in August. I’ve learnt a lot over that time. A couple of things you didn’t mention that I think are important if leasing. 1. Take out GAP insurance which covers the the difference between the insurance payout and the remaining lease payments if the car is written off. 2. Take out separate insurance for body damage and wheels if they are alloy. I paid about £350 for the 3 year lease period for both and on my last car it needed a repair for a dent on a crease line before it went back that would have cost £500 and repairs to the alloy wheels for the inevitable kerbing that would have cost me £100 per wheel so the insurance was well worth it. The one downside with leasing is if you want any extras on the car. You end up paying the full amount for those which is spread over the lease period. For instance, if you want a tow bar fitted and it costs £1000 then that amount will be divided by the number of the months of the lease deal and added to your monthly payment so you pay for it in full but don’t keep it when the car goes back.

@DefinitelyNotAGuru 2 года назад

Thanks, I cover off the gap cover in another video actually. I think the damage insurance is not that great a deal if I’m honest. Smart repairs and even lease company repairs are so much cheaper these days so I think most normal issues could be resolved for the the £350 in fairness (and they may not happen). My last long term car cost me £60 to refurb an alloy and £45 for a mini valet and I’d done 64k in it. No charges from the lease company. Thanks for watching and joining in 👍👍

@desmondseeto4293 2 года назад

Really valuable and no BS advice. Thanks for taking the time to make these videos. Keep them coming!

@DefinitelyNotAGuru 2 года назад

Thank you 🙏

@Londoner-cd2wv Год назад

Great video and advice! Thanks. I have been trying to work out how to get my next car and this has really helped

@DefinitelyNotAGuru Год назад

Glad it helped! 👍

@TheNyne2k 3 месяца назад

Wow never thought about leasing b4. Thank you, I will look into it

@DefinitelyNotAGuru 3 месяца назад

Plenty of content on my channel to answer your questions 👍

@TheFrazzyo Год назад

going around watching all your videos, you deserve more subs!!

@DefinitelyNotAGuru Год назад

I know, right? You should see my social media followers, that's a much more depresing number! 👍

@TheFrazzyo Год назад

@@DefinitelyNotAGuru Do you offer any private advice? I am a novice at cars and need some advice for next car purchase or cheapest options. All my friends are boy racers and rather not ask them about financial advice or family cars etc.

@DefinitelyNotAGuru Год назад

@@TheFrazzyo not really but drop me an email

@nigel.w 2 года назад

Useful insights. Thank you.

@DefinitelyNotAGuru 2 года назад

Thanks

@thesamuraii_9727 3 года назад

Brilliant video mate, keep it up.

@DefinitelyNotAGuru 3 года назад

Very kind mate, thank you 🙏

@davidvondadelszen6063 Год назад

Thanks for this - really useful vid.

@DefinitelyNotAGuru Год назад

Thanks very much

@ronanmcmanus7814 2 года назад

I have always bought second hand cars , your information has really opened my eyes into the possibility of a having a new car , thanks

@DefinitelyNotAGuru 2 года назад

Thank you 🙏

@bladerower9209 2 года назад

Why would you lease a car where you have early exit payment fees, servicing, tyres, excess insurance costs and fear of damages and excessive repair costs and so on. I'd prefer to buy a car and sell in three years given the chip shortage for the foreseeable future.

@DefinitelyNotAGuru 2 года назад

Great, it’s your choice mate 👍

@karlhayes1077 Год назад

All the things u say you have with any car exc early exit fees but that's simple. ...don't exit early I'm on my third lease and , to be honest, this time , as I'm heading towards retirement I considered pcp on a second hand car but when I compared I could get a brand new car for £30-£40 a month more.

@letter1014 9 месяцев назад

You can get maintenance packages with the car.

@grahamgilbert9331 6 месяцев назад

I think Leasing is the way forward but for peace of mind always inc Servicing within the payment,because if you can afford it you’ll probably be able to get yourself a better spec car than you would normally be able to afford, but do make sure you don’t skimp on your mileage expectations… The pricing of cars nowadays especially Electric is crazy and build quality…. well…, it makes A stronger case for Leasing. Enjoyed the video and your opinions and have just subscribed. Btw got lucky 2 yrs ago , bought a Nissan Xtrail heard about the chip shortage and sold it 6 mths later for £5k profit.

@welshjim22 3 месяца назад

My only concern is the post lease inspection. Do they try and make money or are they fair. Mine is 4 years at 16k miles, it will have stone chips and scratches.

@garydouglas3289 2 года назад

I'm so glad I found you, definitely going to lease, so much sense, great work mate👍

@DefinitelyNotAGuru 2 года назад

Thanks Gary. Keep watching and tell your friends mate 👍

@jonathanagrimes Год назад

Great video as always - makes total sense to lease. Just taken delivery of an A4 Avant 40 TFSI for £390 a month on a no deposit deal - 8000 miles over 4 years. Have recommended this channel to loads of people who can’t see the benefits of leasing. Keep up the good work and great content!

@DefinitelyNotAGuru Год назад

Thanks for helping to get the word out on the channel, much appreciated 👏👍

@mohsinhussain1586 Год назад

@Jonathon- that sounds like a cracking deal. Whereabouts did you take that lease from if you don’t mind sharing? 🙏🏽

@richlane64 Год назад

Great video. The PCP v Lease example is a real eye opener. I own a 19 year old car from new which I’ll need to replace sooner than later. With 2030 looming the surety of leasing is very appealing. And if I keep another car that long I’ll be 76!

@DefinitelyNotAGuru Год назад

Thanks Rich 👍

@Hellomynameis93 Год назад

19 years mate, good going! Good for the planet as well👍

@richlane64 Год назад

@@Hellomynameis93 Thank you

@TimesWithJR 2 года назад

listening about the allow wheel.... made me go nope... happy to stick with buying and owning my car but its a brilliant idea for someone who is doing low milage and needed a car for a short time. 100% has opened my eyes :) brilliant video btw bud

@DefinitelyNotAGuru 2 года назад

Thanks very much. They’ve become a lot friendlier with damage of late, I did a video on it a while ago. I guess they’ve finally been properly regulated so have to act reasonably now. Thanks for the support and for commenting! 👍👍👍

@TimesWithJR 2 года назад

@@DefinitelyNotAGuru As i'm going to be buying for re-selling i'm going to stick with my £3-4k buy my focus and rack up them miles haha! But its a massive eye opener for my wife possibly but she loves the Fiesta S we bought haha thought it might put her off being quite boy racer but she loves the leather seats heated seats and the spec £3.7k well spent haha.

@DefinitelyNotAGuru 2 года назад

We generally own one car (to run into the ground) and lease the other although I’ve had a company car for a number of years but all that changes next week. Video coming on Monday about that!

@graemehillary1780 Год назад

Excellent content,will certainly consider leasing

@DefinitelyNotAGuru Год назад

Glad you found it useful

@paulscott1759 Год назад

Totally agree with you ,you payments on a lease will be cheaper than an hp or pcp as they are called now and if you put 10% deposit on a pcp deal and pay a monthly cost the car is depreciating daily anyway so the balloon payment is top value even if the vehicle would turn out to be worth less.remember when you get a deal on a new vehicle there is also VAT added to the actual price which is 20% which you cannot reclaim back and the average depreciation on most cars is approximately 60% nowadays .

@DefinitelyNotAGuru Год назад

👌

@karlhayes1077 Год назад

I've leased 3 cars and taken the maintenance package each time. Never paid more than £35 a month. It's great peace of mind

@DefinitelyNotAGuru Год назад

Great, it can vary massively so always deal dependent 👍

@TheShaunl1969 2 года назад

Great video, all subscribed 👍🏼 Do you recommend certain sites to find these great deals and can you cover a video of timing your lease car? So how easy is it to gage when to order your next lease when current one is due back. Have you ever been without a lease due to delays, best workaround if this happens? ( sorry so many questions) keep the updates coming

@DefinitelyNotAGuru 2 года назад

Thanks for watching Shaun. I suggest using the comparison sites like LeaseLoco, Leasing.com, WhatCar Leasing. I don;t think there's a specific time to look for deals, if you're not fixed on a particular car you will always find a great deal. If you're without a car due to delays you have a few options 1) extend your existing lease for a few months, 2) see if the lease company has something similar in stock which they can do a deal on for you, 3) do a car subscription for a few months, 4) buy a cheap runaround for a little while, 5) see if the lease company can get you a cheap hire car. Check out my back catalogue as there are several existing videos that will help you I think.

@MuratSerin 3 года назад

Great price for that car - wow! never realised quite what the deal was with leasing

@DefinitelyNotAGuru 3 года назад

That A3 is a great little car too

@oyuntv3469 3 года назад

Love those new A3's

@DefinitelyNotAGuru 3 года назад

me too

@fizywig 2 года назад

Best value fir money is to buy used after exponential downward depreciation curve flattens, usually 3-5 years, then resell after 4 years, you end up losing 10- 15% of used price you paid, if it’s a sought after vehicle e.g. used f10 M5 2016 will lose £12,000 - 15000 after a 36,000 used price, that’s about £4000 a pear fir a great car.

@DefinitelyNotAGuru 2 года назад

Much depends on the used car market and how reliable the car is.

@kojsiusoaliu6772 2 года назад

And you know that oil changes are properly made when you buy recent car. After 5 years and multiple owners, service is discontinued, multiple different workshops, you never know. I just buy a recent one, keep it for 4 or 5 years and GIVE it to my relatives, because i know its well maintained

@damonweir3513 Год назад

Great video do you use a specific leasing company to source your cars? Or random garages dependant on model...

@DefinitelyNotAGuru Год назад

Just LeaseLoco these days (link on my website) as it’s a big comparison site and the companies on there are all vetted etc. saves hours of searching!

@crustynuggets1 2 года назад

As I mentioned in a previous video of yours, we're about to start our first lease. One thing I hadn't considered until now, and which you'll probably be able to advise is; How do you marry up / align the end of your lease, given that it's a fixed term, with the start of a new lease, considering that factory orders can be hit-and-miss on accurate delivery dates?

@DefinitelyNotAGuru 2 года назад

It’s difficult at the moment but ordering in plenty of time is usually the way to do it. I’d suggest that things will have improved by the time the next one is due so start looking with 4-6 months headroom and you should be ok.

@gbphil Год назад

Make your required delivery date very emphatic up front and that you are handing back an existing lease, they can get a car in 10 weeks early and hold it. My merc was a factory order during a model changeover (2020 smiley grill to frowny grill) which caused delays but when I stated I was not prepared to extend the lease of my current car, the supplying dealer loaned me a car for two weeks which we then just swapped over.

@brucefellowes4848 Год назад

My family have leased 8 cars in the last 10 years. I'm on my 4th since 2013. I am unlikely to buy again. Leasing is so much less hassle and if you get the right deal, cheaper too

@DefinitelyNotAGuru Год назад

Thanks for sharing! 👍

@clewis5220 Год назад

Hmm food for thought , thanks . question: with a pcp you get a gmfv which lately ( due to higher than imagined second hand values) means you may well have a few more grand in equity to put towards next deal. You wouldn’t have this with leasing.

@DefinitelyNotAGuru Год назад

Have a look at some of my other videos where I do direct comparisons (the difference is often HUGE) and then consider what used values might look like in 3 years time, not what they look like right now 👍

@wojna1980 Год назад

Great video. What happens when your lease finishes and you want to get a new one. Do you pay deposit again?

@DefinitelyNotAGuru Год назад

Yep. If you look at my more recent videos I’ve done a big car leasing explained video which should answer most of your questions a bit better than this video does 👍

@johnpz2024 3 месяца назад

Hi Jim, When on PCH contract and there is a major fault with the car... who picks up the tab for repairs & a replacement vehicle?

@DefinitelyNotAGuru 3 месяца назад

It'll be under warranty if it's a 3 year deal so manufacturer (local dealer) would deal with both elements.

@casstor 2 года назад

excellent advice, thanks a lot ! is it possible to walk away from a lease if my situation changes ?

@DefinitelyNotAGuru 2 года назад

Yes but it’s expensive, often 50% of the remaining payments.

@norabrady9066 2 года назад

I don't spend any more than 3K on a car, keep them for at least 5 years and have never faced any costs apart from routine servicing. Perhaps I've just been lucky.

@DefinitelyNotAGuru 2 года назад

Luckier thank me for sure 😂👍👍

@rumelahmed8724 3 года назад

I was looking at buying my own car at one point but it made more sense to lease. Didn’t want to own something that would depreciate massively. Even if I sold my car after 3 years, the amount of money that it would have cost in that time would have been more expensive than if I had leased for 3 years

@DefinitelyNotAGuru 3 года назад

Leasing is a great affordable way of getting into a new car. The A3 I use in the example here is a great car in a very nice spec.

@garethking5122 2 года назад

What are your thoughts on leasing a preowned vehicle?

@DefinitelyNotAGuru 2 года назад

It doesn’t seem to make much financial sense to me, deals are very rare and monthly cost is often the same as on a brand new car.

@RandomShart 2 года назад

VWFS return prices were very clear. When mine was sent back they recorded 3 kerbed wheels (£36 each to fix), 2 pirelli p zero to replace (cheaper from them than I could find online) and 1 scratch above wear and tear. They sent me a bill for around £500, I challenged the scratch and one tyre, they knocked off £200 and I paid the balance. All very fair and straightforward, so don't worry much about leasing from VWFS and be polite to the guy that comes and does the inspection, he's the one that advised me to challenge for a discount.

@DefinitelyNotAGuru 2 года назад

👍

@BDX55 2 года назад

The same for me with VWFS. When my wife’s A1 went back last June they gave me a £340 bill for a couple of dings, a damaged alloy and bumper corner scratches. The car was well under mileage and the assessor told me to challenge it so I did. They waived the repair fee totally. Very good to deal with.

@DefinitelyNotAGuru 2 года назад

@@BDX55 always challenge them 👍

@larue131 8 месяцев назад

Thanks for the content. I might have missed this, but it's still your responsibility to insure the car, right? Or is it the leasing company's?

@DefinitelyNotAGuru 8 месяцев назад

It’s yours 👍

@FocusProj 2 года назад

My 12 years old car costed me £3k to maintain and repair (this year alone). Wish I had leased for the past two years.

@DefinitelyNotAGuru 2 года назад

👍

@wojna1980 2 года назад

What happens at the end of the lease when you want to lease another car. Is there a period in between the old car is collected and new one delivered which then leaves you without a vehicle for a period of time?

@DefinitelyNotAGuru 2 года назад

If that happens you can usually extend the lease until the new one comes (if you get the new one from the same company), otherwise order early and tell them up front the date that you will need the car.

@wojna1980 2 года назад

@@DefinitelyNotAGuru nice one. Very informative. Thank you 👍

@DefinitelyNotAGuru 2 года назад

@@wojna1980 thanks for watching

@RandomShart 2 года назад

Cars are just too expensive to buy new now. I used to lease and currently own an old Audi and it's reliable and I just pay for annual MOT and service. If it ever becomes financially unviable to maintain then I'll probably go back to leasing but for now I'm enjoying having no monthly payments again.

@DefinitelyNotAGuru 2 года назад

Not cheap to buy used now either

@DefinitelyNotAGuru 3 года назад

We’ve got a great series on the best monthly deals we can find - check out episode one here ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-NK8Kji7SxMo.html

@kojsiusoaliu6772 2 года назад

I just buy a 3/4 years old cars with big mileage (so prevopious owner was cruising highway). Toyota/Honda/Recent Maza are the most reliable . But some german cars are fitted for highway drive, don't buy any german car who made city drive in warm countries it never holds those 2 things. Go Japanese instead.

@DefinitelyNotAGuru 2 года назад

Cool 👌👍

@steveluke4779 2 года назад

Are there limits on who can lease, such as age, self employed retired etc?

@DefinitelyNotAGuru 2 года назад

Not to my knowledge (18+ I guess) but you need a decent credit history.

@dayadvivedi8259 3 года назад

It seems like a great way of getting a new car for not very much money, is there a catch?

@DefinitelyNotAGuru 3 года назад

Nope

@coolsunday6339 2 года назад

I think you'll find buying a one or two year old car outright is the cheapest option.

@DefinitelyNotAGuru 2 года назад

@rudsongurung651 Год назад

I have been trying to lease a car through lease loco is it normal for leasing companies to advertise misleading price and make excuses as system error and it was for different colours

@DefinitelyNotAGuru Год назад

Yes but if you find a case of it make sure you report it to LeaseLoco

@barst.r859 3 года назад

I guess the only downside is that you're stuck with a car for a long time if you decide you don't want it or fancy a change - what happens then?

@DefinitelyNotAGuru 3 года назад

generally you have to pay back 50% of the remaining payments in order to hand a car back but you’d need to check your particular agreement.

@stephieejayy 2 года назад

Not really, as you can even lease for a year and it will still work out cheaper than buying a car when you split it monthly

@barrydoherty636 Год назад

Is it a Personal Lease Purchase that you do?

@DefinitelyNotAGuru Год назад

PCH personal contract hire. PCP is not for me.

@martinwood9014 2 года назад

What if your credit rating isn't great?

@DefinitelyNotAGuru 2 года назад

It needs to be pretty good

@paulcrocker3005 2 года назад

Great content m8 can you help. Do I need gap insurance?

@DefinitelyNotAGuru 2 года назад

I did a video on Gap insurance, search my channel and you should find it - all explained there. Short version is that it’s not a bad idea 👍

@davidlloyd498 Год назад

Jim . How reliable are these brokers,and how do brokers sauce their vehicles ?

@DefinitelyNotAGuru Год назад

Vehicles are sauced from manufacturers, distributors and finance companies. You get exactly the same car as if you'd bought it from a dealer and still use your local dealer for servicing, earranty issues etc. The brokers on LeaseLoco are all vetted and work under FCA rules and guidelines. Most make very little per lease so do large volumes of leases (which also helps them secure better prices).

@davidlloyd498 Год назад

Thank Jim . I already lease a vehicle which I leased from a dealership,the car I leased was in there showroom in the colour and spec I wanted. The lease ends in about six months,i your opinion when should I start looking for another deal ,as I don’t want to be left with out a car. Thanks again.

@DefinitelyNotAGuru Год назад

@@davidlloyd498 you should start looking right now, most brands still have long waiting lists for deliveries. Your current provider will most likely let you extend your current arrangement on a month by month basis so you’re not left without a car if it comes to it but if you get looking now then you’ll probably be ok.

@dazspurs9899 Год назад

I like the idea of leasing but ten thousand miles a year isnt enough I would have a new car on the drive then end up having to walk evewhere not take trips to the coast in summer etc to keep the miles down

@DefinitelyNotAGuru Год назад

You can choose your mileage, doesn’t have to be 10k

@dazspurs9899 Год назад

@@DefinitelyNotAGuru yes but at a cost, probably to the point where it's not feesable

@DefinitelyNotAGuru 3 года назад

Don’t forget to like and subscribe 👍🙏

@equalibrium7898 2 года назад

I purchased a Toyota van 26 years ago for £12000 and its done 210000 miles and still got it.I also go a Landrover 17 years ago, done 75000 for £30000 and still got it.???

@DefinitelyNotAGuru 2 года назад

And 26 years of road tax, repairs, maintenance, depreciation and tyres. Not knocking you mate, there’s just more than one way to look at it. 👍

@grolfe3210 2 года назад

Really it does not matter either way. If you get a new car that will be worth £10k less when it is three years old then it costs you £10k. The saving or cost of interest are nothing much in the whole thing. If you want to throw £10k at a car then that is up to you. In my view, most cars will be trouble free for 100,000 miles or 10 years. If you want to take the hit on a new car then I am more than happy to buy one for £10 less than it was new when it is three years old and get 7 years out of it for very little money. In the 3-10 year range, most cars devalue perhaps £1000 per year, so your choice if you want to pay three times that for the newer one. So if yo are chasing cheaper or looking to save money then it is madness getting a new car.

@DefinitelyNotAGuru 2 года назад

I don’t disagree but this is aimed that those who want a new or very nearly new car really 👍

@martinjones1930 2 года назад

Car lose so much money if buying brand new so leasing is probably the best bet

@DefinitelyNotAGuru 2 года назад

👍👍👍

@Mariazellerbahn Год назад

I paid £7k for a two year old Vauxhall GTC automatic 6 years ago. It has cost me absolutely nothing apart from the usual tax / insurance / MOT / petrol / oil and servicing. So for three years lease costs, I have bought my own car, kept it for SIX years and it is still worth at least half of its price all day long.

@DefinitelyNotAGuru Год назад

Well done 👌

@rahulammalkaitheri7230 5 месяцев назад

I paid 2k for an 8 year old Mitsubishi Colt automatic in 2015 and am still driving it today. In 8 years all it's cost me is fuel, tax, servicing, consumables, etc. So for 6 months of lease costs I've driven it for all these years and can still sell it for £500 with a year's MOT. You can make any number of these sort of comparisons but they're not very useful as you aren't comparing like for like. For me, leasing is an option to consider if you want to buy a brand new car, have relatively low annual mileage, want to stay on mfg warranty and MOT free during your use, and it's a car that may not hold its value particularly well. The more you diverge from the above, the less likely it is that leasing might be for you.

@stevendavies373 2 года назад

I just turned off at the point you get it valeted for £30 & it looks pristine before you give car back

@DefinitelyNotAGuru 2 года назад

@happyhero1093 9 месяцев назад

So you want to hand it back untidy or dirty?

@GPSOMG- 2 года назад

You'll pay more in the long run for a leased car than you will if you buy a car and keep it for years. You could face excessive wear-and-tear charges. just pointless makes no sense

@DefinitelyNotAGuru 2 года назад

That's a common argument made by people who don't fully understand the benefits of leasing and probably have a different ideas about car ownership.

@samgains8388 Год назад

Hear me out… Say I’m going to get a personal loan, 25k at 7% for 5 years, so say around £450pm Would I not be better to take 25k of equity out of my mortgage (3% rate) and then make overpayments to my mortgage of £450pm…

@DefinitelyNotAGuru Год назад

@samgains8388 Год назад

Could you expand on that at all? I understand the negative side of compound interest working against you but if you pay it off in the same time as a personal loan you have basically just got a personal loan at the rate of your mortgage

@DefinitelyNotAGuru Год назад

@@samgains8388 you’ve answered it yourself. Compound interest. Mortgage loans tend to be one of the most inefficient ways of borrowing, especially for a depreciating asset. Do some googling and you’ll soon see what I mean.

@samgains8388 Год назад

@@DefinitelyNotAGuru that’s only the case if you leave the extra amount on the mortgage for the entire term. Overpayments and clearing the additional within a few years allows you to take advantage of the lower rate

@DefinitelyNotAGuru Год назад

@@samgains8388 Sam, you know your plans far better than me, you asked if it's a good idea to borrow against a mortgage to buy a car and my answer is, and always will ben NO. If you think otherwise that's totally cool 👍

@hanzalahussen5323 Год назад

Just wayyyy to expensive atm

@DefinitelyNotAGuru Год назад

@stevey-nwas1230 4 месяца назад

, 👍

@DefinitelyNotAGuru 4 месяца назад

👍👍

@emircelikyzw 3 года назад

Why would someone dislike this video???? some people lol

@DefinitelyNotAGuru 3 года назад

Can’t please everyone 👍

@koba1556 2 года назад

Leasing is a fools game. You have a car that's worth £40K you lease for 3 years and pay around £13K after 3 years then you get a new car and do the same thing for another 3 years. Every 3 years you pay £13K and you have no car to show for it. It's a waste of money. It only makes sense if you're rich and you like having a new car every 3 years.

@DefinitelyNotAGuru 2 года назад

Or you could pay the £40k own a car for 9 years that will probably end up being worth about £5k - you'll have been out of warranty for probably 6 years, be paying road fund licence on it, buying tyres, replacing parts and getting it MOT'd for 6 of those years - it's a different way of doing things, each has their own merits but neither is a fools game. Leasing is massively misunderstood. If it's not for you, don't do it.

@koba1556 2 года назад

@@DefinitelyNotAGuru you're renting a car for your entire life and have nothing to show for it. You can pay 40K but you still have a car at the end. The amount you spend on maintenance is the same if you lease. You still have to service, pay for damages and tyres if you lease also. Only thing you don't pay for is an MOT which is £54 at best. If you service your car every year you won't need to replace huge parts

@DefinitelyNotAGuru 2 года назад

@@koba1556 It's just a different mindset mate, you can either pay to own a new car or pay to own a used one. There aren't too many 9-year-old cars that have never failed an MOT or had a new set of brakes, tyres, an exhaust, some kind of electronic sensors, a battery etc. Not to mention the rising cost of road tax. I'm not trying to sell leasing to you, nor do I care how anyone else chooses to spend their money, I'm just explaining that those who choose to lease are not "fools".

@koba1556 2 года назад

@@DefinitelyNotAGuru fair play but paying for something and not owning it is a weird concept to me

@yusufozwe4036 3 года назад

Are you getting paid for this? not being funny, genuine question.

@DefinitelyNotAGuru 3 года назад

No so please like and subscribe 👍

@veyselgurpnar5514 3 года назад

It seems like a great way of getting a new car for not very much money, is there a catch?

@DefinitelyNotAGuru 3 года назад

@leeclems5433 Год назад

I have been offered a mazda 2 for no upfront payments and that is for one year before handing it back and getting another new mazda. I would be crazy not to do it for £169 with no road tax and no servicing costs