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[cruisetopoland]

I can get a Skoda Superb Greenline TDI for £250 inc vat pcm on a 2 year personal lease of 20K mpa.

This is the cheap to run Ecodiesel version with mpg of 67.3 extra urban-my usual type of driving and mixed 55.4mpg compared to my 25-30mpg in the Omega.

This includes tax and Euro breakdown cover, but not maintenance which would be one service of £230 and maybe 2 tyres, say £160, plus misc say;
Total maintenance of £400.
Lease cost over 2 years £6400
£1815 fuel (20k miles at 55mpg, 363 gall @ £5)
Total £8215.

Omega over 2 years 20k miles
28mpg= 714 gall; £3571 fuel
Road tax £380
Breakdown cover Europe £200
MOTs £90
Servicing, tyres, maintenance, repairs; lets be kind and say £2500 over 2 years (spent 2k+ in 3 mths!!)
Total £6651

Difference £1564 or £65 per month to drive a brand new 5* crash rated car with full warranty.
Insurance same price for me.

Am I missing something?
At present I am spending over £65 per month in Omega related phone calls and fuel to get to repair places and club members, plus approx 50 hours per month trying to keep it going.

(For the pedants  , the figures are simple and approx for comparison, eg mpg and £5 gallon, maintenance costs)

I know the Superb will be seen as a down trade by some, but I like them and they fit our needs well-and would be less hassle.
What do you think?

[cem_devecioglu]

looking at the picture you have right,

but personally I'd prefer to drive my own car whatever the cost is..(logic vs feelings )

similiar to living in your own house (and paying mortgage)  or staying in rent..

[alunonhisown]

£6000 is not a lot to pay for a brand new car over two years. but you spend £6k and the car is never yours. Also, is there a BALLOON payment at the end. I cannot see how the lease company plan to make money, as it is £6k over 2 years, the car will cost them more than that surely? And you have other items to factor in, Tax Ins, etc etc. I personally, would leave well alone.
If it sounds too good to be true then it probably is. IMHO

[cruisetopoland]

looking at the picture you have right,

but personally I'd prefer to drive my own car whatever the cost is..(logic vs feelings )

similiar to living in your own house (and paying mortgage)  or staying in rent..

Yeah, good point cem, but we own our own house and my priority is my wife and young lad-except I spend all my spare time and all of the family money fixing the car 

The other worry is the fuel cost increase, any further road tax rises and what happens when something major blows up?
The goverment (rightly or wrongly-not the debate!) is trying to push us into eco cars and when your money is tight, it all helps..

[cruisetopoland]

£6000 is not a lot to pay for a brand new car over two years. but you spend £6k and the car is never yours. Also, is there a BALLOON payment at the end. I cannot see how the lease company plan to make money, as it is £6k over 2 years, the car will cost them more than that surely? And you have other items to factor in, Tax Ins, etc etc. I personally, would leave well alone.
If it sounds too good to be true then it probably is. IMHO

No balloon payment, it is a personal lease not finance, road tax included in price quoted, insurance is same price as Omega hence not put in comparison figures.

Seems too good to be true, but my colleagues and our accountant all do this and can't believe I don't...

Don't forget lease and hire companies buy in huge numbers and get better deals than private buyers, plus resell with "one owner, FSH" etc and supply popular, low depreciation cars to make the least possible loss.

[cem_devecioglu]

looking at the picture you have right,

but personally I'd prefer to drive my own car whatever the cost is..(logic vs feelings )

similiar to living in your own house (and paying mortgage)  or staying in rent..

Yeah, good point cem, but we own our own house and my priority is my wife and young lad-except I spend all my spare time and all of the family money fixing the car 

The other worry is the fuel cost increase, any further road tax rises and what happens when something major blows up?
The goverment (rightly or wrongly-not the debate!) is trying to push us into eco cars and when your money is tight, it all helps..

 

now although being an old LPG user, for miggy I didnt install LPG... got a second small car for daily runabouts which is also cheaper and practical for crowded traffic.. (and also for wife).. but total cost nearly after two years is just a disaster ..

however I like them both and now finally decided to install LPG to miggy cause petrol here exceeding 1.51 £/litre 

and a note good quality LPG installations like Prins is around 1400-1500£ here

[cruisetopoland]

I'm reeling from the cost of owning an Omega-its the most expensive and high maintenance car I have ever owned, and as much as I do like it, the drain on time and finances does make me wonder at times.

Certainly, without OOF it would have been beyond economical repair, but there's only a few jobs to be sorted this weekend and then maybe I 'll have a period of just driving and enjoying it, not repairing it  :-/

[cem_devecioglu]

I'm reeling from the cost of owning an Omega-its the most expensive and high maintenance car I have ever owned, and as much as I do like it, the drain on time and finances does make me wonder at times.

Certainly, without OOF it would have been beyond economical repair, but there's only a few jobs to be sorted this weekend and then maybe I 'll have a period of just driving and enjoying it, not repairing it  :-/

my personal idea is that : if possible, solve the mechanical and electrical problems ( I know I passed also that nightmare period) than LPG it    (only if you like the car and dont plan to sell )

[Radar]

I can get a Skoda Superb Greenline TDI for £250 inc vat pcm on a 2 year personal lease of 20K mpa.

This is the cheap to run Ecodiesel version with mpg of 67.3 extra urban-my usual type of driving and mixed 55.4mpg compared to my 25-30mpg in the Omega.

This includes tax and Euro breakdown cover, but not maintenance which would be one service of £230 and maybe 2 tyres, say £160, plus misc say;
Total maintenance of £400.
Lease cost over 2 years £6400
£1815 fuel (20k miles at 55mpg, 363 gall @ £5)
Total £8215.

Omega over 2 years 20k miles
28mpg= 714 gall; £3571 fuel
Road tax £380
Breakdown cover Europe £200
MOTs £90
Servicing, tyres, maintenance, repairs; lets be kind and say £2500 over 2 years (spent 2k+ in 3 mths!!)
Total £6651

Difference £1564 or £65 per month to drive a brand new 5* crash rated car with full warranty.
Insurance same price for me.

Am I missing something?
At present I am spending over £65 per month in Omega related phone calls and fuel to get to repair places and club members, plus approx 50 hours per month trying to keep it going.

(For the pedants  , the figures are simple and approx for comparison, eg mpg and £5 gallon, maintenance costs)

I know the Superb will be seen as a down trade by some, but I like them and they fit our needs well-and would be less hassle.
What do you think?

Since you've already spent alot on the omega i would think you would not need to spend £2500 over the next 2 yrs on it. Also in 2 years you would still get a few hundred for the car so these 2 things would close the gap. Maybe get a diesel omega?

[cem_devecioglu]

or if the car is really lemon, sell it and buy one from already LPGd faultless examples from members..

[cruisetopoland]

Perhaps wellung666 will switch on the light at the end of the tunnel on Sat when me meet up....

The Omega is a bit of a sore point at home right now 

[cruisetopoland]

I can get a Skoda Superb Greenline TDI for £250 inc vat pcm on a 2 year personal lease of 20K mpa.

This is the cheap to run Ecodiesel version with mpg of 67.3 extra urban-my usual type of driving and mixed 55.4mpg compared to my 25-30mpg in the Omega.

This includes tax and Euro breakdown cover, but not maintenance which would be one service of £230 and maybe 2 tyres, say £160, plus misc say;
Total maintenance of £400.
Lease cost over 2 years £6400
£1815 fuel (20k miles at 55mpg, 363 gall @ £5)
Total £8215.

Omega over 2 years 20k miles
28mpg= 714 gall; £3571 fuel
Road tax £380
Breakdown cover Europe £200
MOTs £90
Servicing, tyres, maintenance, repairs; lets be kind and say £2500 over 2 years (spent 2k+ in 3 mths!!)
Total £6651

Difference £1564 or £65 per month to drive a brand new 5* crash rated car with full warranty.
Insurance same price for me.

Am I missing something?
At present I am spending over £65 per month in Omega related phone calls and fuel to get to repair places and club members, plus approx 50 hours per month trying to keep it going.

(For the pedants  , the figures are simple and approx for comparison, eg mpg and £5 gallon, maintenance costs)

I know the Superb will be seen as a down trade by some, but I like them and they fit our needs well-and would be less hassle.
What do you think?

Since you've already spent alot on the omega i would think you would not need to spend £2500 over the next 2 yrs on it. Also in 2 years you would still get a few hundred for the car so these 2 things would close the gap. Maybe get a diesel omega?

Yes-I think you have hit the nail square on; if I had not bought the Omega and had leased something instead at that time, it would have made sense, but now I have spent 2k++ in the last few months, it is best to keep going to recover some of the expenditure.  At least I know most of it has been replaced-as wellung666 calls it "Trigger's broom" 

[webby23]

Geoff

I understand your frustration at your Omega mate so dont blame you for thinking like this, but......

Surely the bottom line is that your are thinking about spending £6400 over the next 2 years just to basically "rent" a car..........

If its a personal lease, you will never own the car, so I dont see the point to be honest and surely £250 will be plenty every month to put aside for any problems you may have if you kept the Omega.......?

Just my thoughts mate and best wishes

 

[Lazydocker]

looking at the picture you have right,

but personally I'd prefer to drive my own car whatever the cost is..(logic vs feelings )

similiar to living in your own house (and paying mortgage)  or staying in rent..

Yeah, good point cem, but we own our own house and my priority is my wife and young lad-except I spend all my spare time and all of the family money fixing the car 

The other worry is the fuel cost increase, any further road tax rises and what happens when something major blows up?
The goverment (rightly or wrongly-not the debate!) is trying to push us into eco cars and when your money is tight, it all helps..

 

now although being an old LPG user, for miggy I didnt install LPG... got a second small car for daily runabouts which is also cheaper and practical for crowded traffic.. (and also for wife).. but total cost nearly after two years is just a disaster ..

however I like them both and now finally decided to install LPG to miggy cause petrol here exceeding 1.51 £/litre 

and a note good quality LPG installations like Prins is around 1400-1500£ here

That's cheap if a fitted price... Prins conversions over here would be closer to £2000

[Plomien]

But its a SKODA!!!!!!!!!!!!!