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buying at end of lease

Posted: Tue Jan 12, 2021 2:45 pm
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.

Re: buying at end of lease

Posted: Tue Jan 12, 2021 3:09 pm
by duncs500
Interesting, I had one through Arval and they never offered me the chance to buy.

I probably would have been interested.

Re: buying at end of lease

Posted: Tue Jan 12, 2021 3:39 pm
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:

Re: buying at end of lease

Posted: Tue Jan 12, 2021 3:51 pm
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.