buying at end of lease

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tim
Posts: 1943
Joined: Fri Apr 13, 2018 9:27 am

buying at end of lease

Post by tim »

Pretty sure a few of you have done this.

Victoria's Fabia lease ends in March. They've said she can buy it for £6,350. WBAC offered £5,500 so not poles apart. The lease co is Arval but the sale is offered through BCA.

Is it worth bidding them in the nuts? Say, £5,750 with a view to paying £6k? I've never done this before so not sure what the usual amount of slack is in the system.
You settle up, I'll go get the Jag.

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duncs500
Posts: 5823
Joined: Wed Apr 11, 2018 8:59 pm

Re: buying at end of lease

Post by duncs500 »

Interesting, I had one through Arval and they never offered me the chance to buy.

I probably would have been interested.
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Jobbo
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Joined: Wed Apr 11, 2018 4:20 pm

Re: buying at end of lease

Post by Jobbo »

I don't think they care enough to haggle - the price is almost certainly a take-it-or-leave-it offer.

I got a price to buy my Audi in 2018 which with the benefit of hindsight would have been a good deal; I just expected them to depreciate more in the subsequent couple of years. I had to ask for a price; they didn't just offer it. Didn't bother getting a price to buy my Volvo :lol:
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duncs500
Posts: 5823
Joined: Wed Apr 11, 2018 8:59 pm

Re: buying at end of lease

Post by duncs500 »

How long before the end of the lease do you ask for it? I guess it's got to be quite close to the end, by which time you might be struggling to get a new lease in time.
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