Reply With QuoteI had a contract hire lease on my last car and was given a price to buy it in my own right towards the end of the lease. It didn't have to be family or friends.
My first ever lease (520d saloon) ends next month and I was surprised to receive an offer for a family member or friend to buy the car (it can't be me the leaser, for tax reasons) - and the buyout quote seemed quite reasonable to me. Is this option for someone else to purchase at the end of the lease (i.e. straight lease, not PCP) term normal (i.e. usually offered)? If yes, I'm thinking I'll take out another lease (for an estate) and then my wife can purchase it at the end.
Related to this, I have some scores around the edges of two of the alloys - where scoring somewhat worse than would be allowed under the Alphabet lease terms. The dealer and local alloy wheel specialist are both quoting c£65-70+vat per wheel, so say £175 in total. I'm thinking I'll return without repairing in the hope that it would cost Alphabet less to repair (or they might even overlook the charge). Any experiences from others?
Thanks all.
I had a contract hire lease on my last car and was given a price to buy it in my own right towards the end of the lease. It didn't have to be family or friends.
Wife has returned 2 lease cars (well, returned one and wrote another off just before due back), one of them was with Alphabet too.
She wasn't offered a purchase option for either.
Regarding the damaged alloys. Alphabet should be a member of the BVRLA which states exactly what is and isn't chargeable. I think the limit for scuffed alloys is 50mm around total circumference. Anything over that is a set charge, i think £60, it doesn't matter what it costs them to repair it, the charge to you is a set standard. You should have a copy of the set charges and limits.
If you get it repaired yourself, be aware that if the inspector spots the repair and deems it unsatisfactory, they can charge you the £60 anyway. Had similar issue with one of the wifes, bumper damage repaired on a non fault insurance claim. Repair looked brilliant, i couldn't see a thing. Inspector spotted it straight away and they tried to hit us with a full bumper respray. I argued it should be down to our insurer or the other driver and for some reason they agreed and waived the fee, without asking for insurance details.
Brighty
Last edited by Brighty; 20th January 2020 at 10:24.
Hi chaps, thanks for replying. So, it's a bit of a mixed bag. It's a pity it's not more definite (but then if it was, everyone would be doing it), as straight leasing is cheaper than the PCP quotes (so it would be ideal if I was likely to be given the chance to purchase at a reasonable price at the end). I'll likely go ahead with the lease and hope I get lucky.
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