My biggest concern is the rising ap’s and If not much changes I might as well buy something, I’ve actually started looking at cars as i may act soon, so in june when lease hits exactly 2 years i’ll hand it back.
That way I should get a year’s pro rata back on the ap i paid on the car, plus 2 years gcb.
Which should pretty much pay upfront for the servicing for 5 years on a kia, if i do decide to get one the 7 year/100k warranty is very attactive.
I can actually downsize a bit now. So new is an option for us and really there’s not much difference in the price right now between new and nearly new. Plus inflation is going up and i don’t see that changing soon. So prices of new cars in another year maybe even higher than now. So i think now maybe the time for me, while loans are still low.
My brother sold his focus he had for a over a year and has used it to commute into london for what he bascally paid for it, 15k miles i think he said he’d put on it. Alot of that is because you can get the used cars now over the wait for a new car, as we all seeing on the scheme. So is pushing the prices of used cars up.
My other issue and I’ve never extended my lease as i see no value there, at all for me, as you still pay the same for the car. Pretty much the same for paying a high ap on leasing a car, i can only justify that outlay over a certain point, if i am actually buying it..
No way am i anti scheme, but there comes a point where it’s just not as viable as it was and there’s no way i would pay an ap between 3k to 4 k to lease a golf. So that limits options even further. I have no driveway so an ev is not practical at all and as we move closer to 2030 that’s a big part of an decsion i make.