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Wonky
Member Since: 28 Nov 2006
Location: Brill, Aylesbury
Posts: 355
  
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| Advice please on buying my lease car |
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Hi boys and girls.
My lease is coming to the end and I have enquired about buying the car which is possible.
As my signature says, it's a 2006 (56) 07MY HSE with clear glass and 33,000 miles. I have just had is serviced at an independant whom I trust (John Dennis of Aylesbury) who have said it is a good one!
Now, the dilemma. The Lease company reckon they can sell it for £22650 and this is the price they want from me.
The question is, is this a fair price? I think it is not bad but they will not negotiate so I have only two choices 
Advice please or reassurance if appropriate anyone?
Martin W 07MY TDV6 HSE Stornoway Grey + Alpaca
No ugly kid glass!
Side steps (one with dent!)
BIG GRIN (although turned down at the edges)
Extremely empty wallet
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 6th Nov 2009 9:41 am |
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Bodsy
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Member Since: 06 Nov 2006
Location: In the Clubhouse
Posts: 21361
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They probably could sell it for that in the current topsy turvey market.
If you let it go, then you are back at square one, but are you still in a position to be able to Lease a new D4 given the price increases.
It's all about the cost to keep or the cost to change and the residual value.
You also know the history of the car, so if no major issues, then why not keep it. Bodsys Brake Bible
D4/D3 Remote FBH heat kits
BAS Remaps/ EGR Blank
Transmission Flush
Software updates/enabling
Clock/ SNOTM /3Flash / 4x4Info /BT Update /Service Reset/Error Codes / Gearbox Reset
See It Here
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| 6th Nov 2009 9:52 am |
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SJR
Member Since: 09 Aug 2006
Location: East Manchester
Posts: 4030
 
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You can ask if they would be selling it at auction, and if they are get them to deduct the auction charges, price is not far off to be fair  I believe that every human has a finite number of heart-beats. I don't intend to waste any of mine running around doing exercises.
Buzz Aldrin (1930 -
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| 6th Nov 2009 9:52 am |
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DiscoDunc
Member Since: 08 May 2006
Location: Bristol
Posts: 16390
 
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you have two options
1) buy it at the price they state if you are happy with the car as in my experience they wont sell it for less.
2) find out where they are auctioning it and when you return it to them make sure it is absolutly filthy, crisps in the back - etc etc. option they take the cars straight to the auction. - then go bid on it..
As an example I had a 52 reg mondeo ST220 Estate with lots of options - it was 18mths old, 70K miles and cost £27k new. Leasing company wanted 15K for it !!!. It went to the Auction in immaculate condition and they sold it for £8K Duncan
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If I'd known I was going to be so thirsty this morning I'd have drunk more beer last night.
FFRR Autobiography 4.4 SDV8 MY17
D4 HSE MY13 SOLD
FFRR 3.6 Vogue TDV8 SOLD
D4 HSE MY10 SOLD
D4 SE TECH MY15 SOLD
D4 XS MY12 SOLD
D4 HSE MY10 SOLD
D3 HSE MY06 - Re-Cycled Worldwide
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| 6th Nov 2009 10:24 am |
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Sturge
Member Since: 02 Nov 2005
Location: West Chiltington, West Sussex
Posts: 873
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I gave a company car back once less the manuals, service book, spare wheel and filthy. Aim was to buy at auction hoping the trade wouldn't know the service history etc as it was a high miler and looked un cared for. TDV6 HSE Lux (2014MY)
TDV6 HSE (2006MY - owned for 9 years and 150,000! - now replaced)
Mini Cooper SD 5 door
TVR Chimaera 450
Series II 1960 Diesel
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| 6th Nov 2009 11:58 am |
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SJR
Member Since: 09 Aug 2006
Location: East Manchester
Posts: 4030
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Did you end up buying it Sturge? I believe that every human has a finite number of heart-beats. I don't intend to waste any of mine running around doing exercises.
Buzz Aldrin (1930 -
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| 6th Nov 2009 12:01 pm |
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Sturge
Member Since: 02 Nov 2005
Location: West Chiltington, West Sussex
Posts: 873
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no.... went for more than I wanted to pay .... but less than trade. I ended up buying something nicer  TDV6 HSE Lux (2014MY)
TDV6 HSE (2006MY - owned for 9 years and 150,000! - now replaced)
Mini Cooper SD 5 door
TVR Chimaera 450
Series II 1960 Diesel
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| 6th Nov 2009 12:02 pm |
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SJR
Member Since: 09 Aug 2006
Location: East Manchester
Posts: 4030
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I believe that every human has a finite number of heart-beats. I don't intend to waste any of mine running around doing exercises.
Buzz Aldrin (1930 -
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| 6th Nov 2009 12:03 pm |
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Wonky
Member Since: 28 Nov 2006
Location: Brill, Aylesbury
Posts: 355
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Sorry to annoy you all but have bumped this just to see if anyone can shed light on current values before I commit (or am committed!).
I have checked around but very few seem to be on the market
Martin W 07MY TDV6 HSE Stornoway Grey + Alpaca
No ugly kid glass!
Side steps (one with dent!)
BIG GRIN (although turned down at the edges)
Extremely empty wallet
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| 12th Nov 2009 5:57 pm |
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Mounty
Member Since: 08 Mar 2007
Location: Near Basel
Posts: 762
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Same Situation here in Switzerland. Owners extend their leases because of the bad economy and don't have money for new cars and the D4 just startet selling ann it is very expensive as it only comes from SE on with the new engine. So it wil be January 2010 on that more D3 come on the market. Here a lot of RSS come on the market. But LR sales are here down 40% to last year. Used V8 are very cheap to have. prices here are similar for what your lease company wants. Daniel
Now: RSS 2008 3,6l HSE
Past: 2.7l D3 HSE, D3 4.4l HSE, FFRR 2004 4,4l
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| 12th Nov 2009 8:34 pm |
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cliveaff
Member Since: 05 Sep 2006
Location: Eastbourne
Posts: 328
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Wonky.
Up until a two months ago I had a part time job, of collecting lease cars, and then delivering them to dealers or to auction.
The lease company always ask for top book, for their cars, but some people pay it, also they ask top money from garages, they very rarely buy as there is not enough profit in it.
Where is is the car going to at the end of the lease? i.e. are you taking it back to the dealers or is it going to be collected from you.
If going to be collected from you, ask the guy who collects it, which auction it's going to, it stands a good chance it will be B.C.A. at Black Bush airport.
Phone them up after a couple of days, or look on the internet to see when it will go through, then go there to bid on it.
The easiest way to do this is to buy a glasses guide, to see what the prices are going for.
When the bidding starts the dealers will be after it, but they will not go much more than bottom book for it, as they want to make a profit out of it, so they will stop bidding for it, and then the private bidders start, the price then goes to highest bidder, but DON'T get carried away, set a limit and stick to it.
Now as far as giving the car back in a dirty condition, the car will be washed on the out side, to go through the auction, but the inside is a different matter if it's very dirty it will be cleaned, because that's the first place the dealer looks to see how much he has to spend on it.
So if the car is dirty, has stained seats, or ash, YOU will pay for it, to be rectified, and it will not be cheap, I have known people put their lease cars in for cleaning, before handing them back.
I hope this helps you. Land Rover Dicovery 3. 5 Seats.
With side Steps, And rubber floor mats and rubber load space cover.
Front and Rear Mud Flaps.
Light Guards.
Engine Re-Map
Alpine Mobile Media Station. With SatNav.
Xenon head lights
Old Man Emu Suspension
Triumph Sprint RS 1050
Discovery 1 300tdi 1995
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| 13th Nov 2009 12:06 pm |
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