Lease or buy pickup

[upnortheast]

Nowhere near enough miles for me

They will quote for as many miles as you need

 

[ollie989898]

They will quote for as many miles as you need

No doubt that will mean being rogered except with a small, medium or large tub of vaseline involved.

 

[FonterraFarmer]

When you work out the figures of leasing your are only paying for the depreciation and the interest on the value, I don’t think it’s extortionate but it will be cheaper to buy your own and sell at 3 years old and take that risk
I know someone who leases 6 vans and they get an car repair shop to mend the scrapes before they hand them back in and that’s cheaper than the penalties
We have looked at it many times but fencing is just to rough on them and apparently you can’t fit off road tyres on it or modify the pickup bed

For fencing here with a ute you would have more chances of seeing a live unicorn than a ute with a standard manufacturers deck, there all flat deck with drop sides and or with removable ( with difficulty)or permanent lockable storage box. That said because the deck/service box is specialised if the utes are replaced every 3-5 years then there is no reason it can go onto subsequent following utes for the next 40+ years.

Deck as fitted to the second ute and heading to 50 years old.

 

[Hampton]

Rear view or all-around 360 camera these days is very very useful.

I think the Navara is the only pick-up that does/did 360 cameras

 

[FonterraFarmer]

Just leased a new ranger. £450/month for 30k miles, 2 years. 3 payments down. Total cost £12,150.

To buy the exact pickup is £49,250 OTR.

All prices plus VAT.

The question is will that pickup after 2 years and 30,000 miles be worth £49,250 - £12,150 = £37,100 + vat?

That said I bought one of the last VW Amarok’s V6 for £32,000 back in March 20 and I’ve just been offered my money back after 37k miles, BUT the new ones are made by Ford so the proper VW’s are holding their money very well at the minute. The used car market is overvalued in my view so leasing is better than buying at the top of the market then watching the bottom fall out of it over the coming 12 months.

$100,000 for a ute/pick up, far canal!!!
And its just a Ford!!!
Be cautious with oil losses/leaks, the drain back from the turbo split allegedly.

 

[Hampton]

Speaking of unnecessary complexity, I do honestly think Volvo's adaptive cruise control and warning system relating to the distance to the vehicle in front should be mandatory on all cars, vans and HGVs. I think they would save a good deal of grief on motorways and dual carriageways and I find it useful for maintaining my distance to the car in front. It might not totally mitigate impacts in all scenarios, but it would definitely reduce high speed pileups. It can spot a car at distance, day or night, fog or rain or snow. Very clever.

I don’t know, they can be a bit of a nightmare on motorways.
Often people sit with them on in the fast lane on M6 at about 80mph. If you are following one, you end up a lot slower than that as every time some Herbert decides to undertake them (which happens a lot on the M6, the Volvo auto brakes, and before long the whole fast lane behind the Volvo is doing about 50 and more people get fed up and undertake them

 

[Werzle]

Nowhere near enough miles for me

8k is low for most people, 8.5pp/ extra mile would add up fairish

 

[Hampton]

$100,000 for a ute/pick up, far canal!!!
And its just a Ford!!!
Be cautious with oil losses/leaks, the drain back from the turbo split allegedly.

At 2 year old, it will still be under manufacturers warranty with Ford when it goes back (assuming Ford offer a 3 year warranty?)
3 years is a pathetic offering for a 50k pickup.
Isuzu warranty far more generous

 

[William G]

Just leased a new ranger. £450/month for 30k miles, 2 years. 3 payments down. Total cost £12,150.

To buy the exact pickup is £49,250 OTR.

All prices plus VAT.

The question is will that pickup after 2 years and 30,000 miles be worth £49,250 - £12,150 = £37,100 + vat?

That said I bought one of the last VW Amarok’s V6 for £32,000 back in March 20 and I’ve just been offered my money back after 37k miles, BUT the new ones are made by Ford so the proper VW’s are holding their money very well at the minute. The used car market is overvalued in my view so leasing is better than buying at the top of the market then watching the bottom fall out of it over the coming 12 months.

Interesting I haven’t actually tried pricing anything yet either lease or buy. Leasing was just a notion I took last night and was interested to hear views of anyone trying it. Not sure what spec you priced at £50k but Jesus if that the price they are I’ve got some number crunching to do

 

[William G]

That’s a myth. Leased over 20 years now and we’ve never had big hand back charges. Excess mileage charges yes but in particular with commercial vehicles you don’t get scuffs etc.

Out curiosity when you don’t have trouble leaving them back do you keep them pretty immaculate or are they not to sever with penalties

 

[suffolksmallholder]

One of my helpers always has a nice 4x4 pick-up when he arrives to help with concreting and other jobs that need two peeps
He wants a nice reliable work machine with no fuss.
He leases and I believe it is replaced every two years. He simply says this is the most efficient way to run a works vehicle.
SS

 

[FonterraFarmer]

One of my helpers always has a nice 4x4 pick-up when he arrives to help with concreting and other jobs that need two peeps
He wants a nice reliable work machine with no fuss.
He leases and I believe it is replaced every two years. He simply says this is the most efficient way to run a works vehicle.
SS

Reliable and new are not necessarily mutually inclusive. or efficient.
Would I lease a vehicle over purchase, probably not.








But that's just my opinion.








Allegedly in a former life I worked as an automotive engineer for a fleet lease/hire company on Western Avenue on the A40.

 

[upnortheast]

Out curiosity when you don’t have trouble leaving them back do you keep them pretty immaculate or are they not to sever with penalties

Use Seat covers & floor mats.
When its ready to go back get these lads in to work their magic
Only thing they don`t do a good job of shifting is the dairy farmer smell

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[Suffolk Serf]

I had a Navara a a few years ago on a 2 year contract hire deal. It was very nice having a fancy new vehicle. Not so nice was having to cough up a lot of money at the end of the period for some tiny dings and scratches.

 

[john63]

Think this is a generational thing.I’m 61 and been bought up to not buy anything unless I can pay for it.and that’s the way it’s allways been.the younger generation tend to use hp or leasing as that’s the way to get newish stuff
nick…

Well I'm much the same at 35. Unless its land/property, if I can't buy it outright then I'm not having it. Would love a newish pickup, but just can't justify it when my £1200 Berlingo will do the job and £5k doesn't get much second-hand one these days! Maybe I'm just old-fashioned...

 

[quattro]

I had a Navara a a few years ago on a 2 year contract hire deal. It was very nice having a fancy new vehicle. Not so nice was having to cough up a lot of money at the end of the period for some tiny dings and scratches.

Surely if you had owned it and was selling it, it would be worth less with the dings and scratches on it

 

[Aspiring Peasants]

There’s another thread running about Landrover price drops. If you lease or buy with a guaranteed future value you are protected from that happening

 

[Suffolk Serf]

Surely if you had owned it and was selling it, it would be worth less with the dings and scratches on it

I would have kept it a lot longer though and the dings and scratches would have mattered less.
In fact I still have the last pick up that I bought new, a 2014 Hilux.

 

[Johnnyboxer]

I would have kept it a lot longer though and the dings and scratches would have mattered less.
In fact I still have the last pick up that I bought new, a 2014 Hilux.

Not killed it yet then, still going ok then?

 

[Suffolk Serf]

Not killed it yet then, still going ok then?

Well, to tell the truth, the original one got written off after an incident when it went airborne in about 2017. I replaced it with an almost identical one, so nobody noticed!
That vehicle still works daily, but for the last year is strictly off road only, running on red. Engine uses a little bit of oil, had a bit of work done on the rear differential earlier this year, replaced rear uj last week. No rust. No plans to move it on.