Would you buy an ethical car from these guys?
Hard to figure how these two ended up here together. Gordon’s idea of casual golf gear is much the same as his beach wear it seems. Perhaps this was a publicity pic for a new environmentally friendly battery car (the new BOFOR – Buy One, Fund Our Retirement). But no, green isn’t a George W colour really.
If you do encounter these two selling cars, steer well clear. As for any offers of a nifty car leasing deal – well, we leased two countries to them for some years and they didn’t want the option to purchase at the end of the deal.
February 2, 2009 at 12:31 pm | Car Leasing Advice, Electric Cars | No comment
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What is car leasing?
Contrary to many people’s perception car leasing is for everyone and not just for business users. It allows drivers to get their hands on their favourite cars which are often otherwise beyond their budgets.
The world of car leasing can be unnecessarily complicated with many types of leasing and very many different rules applied by different lease companies. To get over all this my-CarLeasing.com was set up in early 2006. It’s simple procedure has helped thousands get a clear picture of options and best deals. It takes basic details from enquirers and then sends those details to no more than three of the most relevant, and trustworthy car leasing experts in order for them to get back to the customer with exactly what they were looking for.
In addition you can get a comprehensive free guide from the site which explains the 8 different types of finance packages, with all the pros and cons including Tax Implications, Cashflow benefits and the most popular question: “Who owns the vehicle at the end of the agreement?”
Crucially, my-CarLeasing.com make a promise never to sell or rent your email details and operate a strict anti-spam policy (because they hate spam as much as you do). Try them out – it’s free and there’s no obligation.
February 1, 2009 at 1:31 pm | Car Leasing Advice | No comment
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Old Carr’s old car
Now here’s a salutary lesson. If an elderly and slightly obsessive relative dies leaving a houseful of stuff (including dialysis machines rescued from hospital skips) collected over the decades, don’t be tempted to call in a house clearing specialist.
Because in the garage you might, just might, find a 1937 Bugatti that could fetch millions at auction.
Yes, this is what happened when relatives of 89 year old Dr Harold Carr died last year on Tyneside. His nephew opened the dusty old garage and found the Bugatti Type 57S Atalante which had spent decades parked alongside other classics (including Jaguar E-type and an Aston Martin).
Dr Carr bought the car in 1955 from Lord Ridley but stopped driving it a few years later. It was last taxed in 1960. The reclusive surgeon was an obsessive compulsive who hoarded much medical equipment from hospital skips. Some of it he repaired and sent to Africa.
A 1931 Bugatti Royale Kellner Coupe sold for $8.7 million (£6 million) in 1987 and Dr Carr’s car may well beat that.
Although this Bugatti’s not up for car leasing you may want to consider the latest model. If you want to lease a Bugatti Veyron you’ll need to steal your son’s college fund you and get an advance on your parents’ will to afford the car’s $400,000 down payment. Then you’ll have to figure out how to scrape together $23,595 for your first month’s payment. And then you’ll have to repeat that feat another 60 times, as the Veyron is only offered with a five-year lease. You are afforded 2,500 miles a year, which means if you’re planning on using the Bugatti as a daily driver you’ll be taking the bus a lot. There’s no word on what the penalty is for going over that limit, but expect to forego a 50-inch plasma TV for every mile over.
January 3, 2009 at 1:48 pm | Bugatti, Car Leasing Advice | No comment
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Car leasing – an increasingly popular alternative to ownership
The proportion of people choosing to lease a car rather than buy is increasing rapidly. One car leasing company claims that the ratio of its business four years ago, which was 70% business lease versus 30% private lease, has now reversed.
It’s easy to see the attraction. No more worries about depreciation, which bites hard the moment you take delivery of your new car purchase. This can knock a staggering 70% off what you paid in just 3 years. No hassle either when it comes time to resell.
So how does leasing stand up to buying financially?
A recent Times online evaluation suggested it was pretty even on a £17K new car over three years. Although the outright purchase example saved £300, the monthly payments were over £145 higher. On shorter deals the comparison is likely to swing in favour of leasing. In addition, people who use their car purely for business and are Vat-registered can reclaim the tax on the agreement. That sometimes tips the balance in favour of leasing.
If you’re tempted to consider car leasing be sure to check out terms such as the annual mileage agreement, what your leasing company means by ‘wear and tear’, what happens on early termination, and make sure you choose a lease that does not exceed the warranty period of the car.
If you’re satisfied on these points then leasing may be the way forward for you.
December 30, 2008 at 7:36 pm | Car Leasing Advice | No comment
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