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What's the problem with electric cars?

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Old Today, 22:40   #891
GMcL
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Originally Posted by Existential Crisis View Post
These ridiculous pick ups were 60-100 per month before Christmas!!! For a brand new car, only 1 month payment deposit. Must have had to get them registered in '23 or something
Was that one dealer looking to hit a target or an importer dumping old stock?
In the Harry Metcalf video I posted he quotes 20k deposit plus approx. 1,400/month over 3 years to lease a PHEV petrol Range Rover. That's a big chunk of change for three years motoring with nothing to show at the end.
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Old Today, 22:55   #892
Kev0607
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Was that one dealer looking to hit a target or an importer dumping old stock?
In the Harry Metcalf video I posted he quotes 20k deposit plus approx. 1,400/month over 3 years to lease a PHEV petrol Range Rover. That's a big chunk of change for three years motoring with nothing to show at the end.
I imagine so. There must have been a big deposit to get a new vehicle for 100 per month...

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Leasing is great if you want a new car every few years and have a guaranteed income. Also, gets some people into cars they could not otherwise afford.

The downside is it locks you in to the most expensive part of a cars depreciation curve and main dealer servicing if you want the hassle free life. Servicing can be offset by some of the servicing deals (are they still available ?).
...And not forgetting the hefty charges when you return the vehicle for potential repairs to scratched paint, kerbed wheels, dents etc etc. They also charge you if you exceed the agreed miles per annum in your agreement.

Leasing companies make their money one way or another. Its not all as rosey as it may seem.
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