I have mine on a 2 year lease. It will go back to VW October 2018.
I get bored with cars and want new ones quite often. I also don't do loads of miles.
Leasing (on the right deal) is perfect for me. The total cost for the two years is £5300 (incl road tax). List price is £28,300. If I bought the same car for say £26k after discount I'd have to sell it for almost £21k after two years to match the lease cost. The guaranteed future value after two years is £15.6k
I also think about the 'keep for 10 years' scenario mentioned above. Let's say you lease for 10 years on five separate 24 month deals. 5x £5,300 = £26,500, or about the price of the car to start with. Sure if you bought one car instead you would have a bit of value in it, but what is a 10 year old Tiguan going to be worth? £2.5 - £3.5k perhaps.
So for roughly the same cost over those 10 years (ok let's say £3k more due to the fact you have a 10 year old model to sell/trade) you have had the pleasure of FIVE brand new cars, together with their warranties, their new tech & new innovations, their piece of mind, oh and their road tax included.
If you've never leased it is seriously worth looking at.
I get bored with cars and want new ones quite often. I also don't do loads of miles.
Leasing (on the right deal) is perfect for me. The total cost for the two years is £5300 (incl road tax). List price is £28,300. If I bought the same car for say £26k after discount I'd have to sell it for almost £21k after two years to match the lease cost. The guaranteed future value after two years is £15.6k
I also think about the 'keep for 10 years' scenario mentioned above. Let's say you lease for 10 years on five separate 24 month deals. 5x £5,300 = £26,500, or about the price of the car to start with. Sure if you bought one car instead you would have a bit of value in it, but what is a 10 year old Tiguan going to be worth? £2.5 - £3.5k perhaps.
So for roughly the same cost over those 10 years (ok let's say £3k more due to the fact you have a 10 year old model to sell/trade) you have had the pleasure of FIVE brand new cars, together with their warranties, their new tech & new innovations, their piece of mind, oh and their road tax included.
If you've never leased it is seriously worth looking at.