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Author Topic: Leasing efficient car cheaper than running Omega?  (Read 3941 times)

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cruisetopoland

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Re: Leasing efficient car cheaper than running Omega?
« Reply #30 on: 22 January 2010, 09:33:19 »

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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  ;D, 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"  :D
Also note you will most likely have some expenditure on the skoda - tyres and any other things, which has not been put into your calculation.

May be not quite enough, but had put this in  :y
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Radar

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Re: Leasing efficient car cheaper than running Omega?
« Reply #31 on: 22 January 2010, 10:26:01 »

Sorry I was going from memory from last night and forgot you included tyre costs. Must be getting old!!
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cruisetopoland

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Re: Leasing efficient car cheaper than running Omega?
« Reply #32 on: 22 January 2010, 10:48:37 »

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Sorry I was going from memory from last night and forgot you included tyre costs. Must be getting old!!

Me too.....

I just want the Omega to be right and justifty all the cost and time spent......I hope I can get the "final" bits sorted with welung666 tomorrow and start enjoying it again......

It is tricky, as you prioritise differently being single, then married, then with a child-on my own I would see the Omega as a labour of love and my hobby, but what I need now is something which just works and does not drain all the money and time that I have  :-/

We'll see what tomorrow brings-I hope we have enough time to do the jobs as my wife is working at 3 and I need to get back to look after my son, and welung is over an hour away.
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Ken T

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Re: Leasing efficient car cheaper than running Omega?
« Reply #33 on: 22 January 2010, 11:29:46 »

It sounds like you have been very keen to get the Omega into top condition and replaced lots of parts that others might not have.

Mine went for an MOT a couple of years ago, and the chap gave an advisory on the front wishbone bushes. Ok things were a bit busy and I left them, thinking it would fail next MOT which was at a different garage. Er no it didn't, I specifically asked the chap, mentioning that they tended to go, and he said they were fine.

Last couple of years, apart from the usual servicing, I have done rear springs,  (which were remarkably easy thanks to the "How To"), the middle and rear exhaust, and ......... thats it. Not a bulb, brake pipe, nothing else. They are very reliable cars and wear extremely well.

If you have done all that work, the running gear must be nearly new, so enjoy it, you should have a good 3, 4 or even 5 years without anything major needing fixed.

Ken
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cruisetopoland

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Re: Leasing efficient car cheaper than running Omega?
« Reply #34 on: 22 January 2010, 11:47:56 »

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It sounds like you have been very keen to get the Omega into top condition and replaced lots of parts that others might not have.

Mine went for an MOT a couple of years ago, and the chap gave an advisory on the front wishbone bushes. Ok things were a bit busy and I left them, thinking it would fail next MOT which was at a different garage. Er no it didn't, I specifically asked the chap, mentioning that they tended to go, and he said they were fine.

Last couple of years, apart from the usual servicing, I have done rear springs,  (which were remarkably easy thanks to the "How To"), the middle and rear exhaust, and ......... thats it. Not a bulb, brake pipe, nothing else. They are very reliable cars and wear extremely well.

If you have done all that work, the running gear must be nearly new, so enjoy it, you should have a good 3, 4 or even 5 years without anything major needing fixed.

Ken

Agreed-did quite a bit of nicety stuff at the beginning, then had to do more and more major things.

I know I harp on about it, but I just can't face more months of this expense and time.  Hopefully as you say, it will be fully sorted after this weekend and then should last years without more major issues.

Sometimes you can't see the light at the end of the tunnel  :-/
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Welung666

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Re: Leasing efficient car cheaper than running Omega?
« Reply #35 on: 22 January 2010, 11:57:44 »

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It sounds like you have been very keen to get the Omega into top condition and replaced lots of parts that others might not have.

Mine went for an MOT a couple of years ago, and the chap gave an advisory on the front wishbone bushes. Ok things were a bit busy and I left them, thinking it would fail next MOT which was at a different garage. Er no it didn't, I specifically asked the chap, mentioning that they tended to go, and he said they were fine.

Last couple of years, apart from the usual servicing, I have done rear springs,  (which were remarkably easy thanks to the "How To"), the middle and rear exhaust, and ......... thats it. Not a bulb, brake pipe, nothing else. They are very reliable cars and wear extremely well.

If you have done all that work, the running gear must be nearly new, so enjoy it, you should have a good 3, 4 or even 5 years without anything major needing fixed.

Ken

Agreed-did quite a bit of nicety stuff at the beginning, then had to do more and more major things.

I know I harp on about it, but I just can't face more months of this expense and time.  Hopefully as you say, it will be fully sorted after this weekend and then should last years without more major issues.

Sometimes you can't see the light at the end of the tunnel  :-/

Sorry G the bulb had gone ;) I've replaced it with an energy saving one though ;D ;D ;D

Get 'Trigger's Broom' over as early as you can tomorrow and we'll crack straight on with it after the customary brew ;) :y
« Last Edit: 22 January 2010, 11:58:21 by Welung666 »
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cruisetopoland

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Re: Leasing efficient car cheaper than running Omega?
« Reply #36 on: 22 January 2010, 12:08:57 »

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It sounds like you have been very keen to get the Omega into top condition and replaced lots of parts that others might not have.

Mine went for an MOT a couple of years ago, and the chap gave an advisory on the front wishbone bushes. Ok things were a bit busy and I left them, thinking it would fail next MOT which was at a different garage. Er no it didn't, I specifically asked the chap, mentioning that they tended to go, and he said they were fine.

Last couple of years, apart from the usual servicing, I have done rear springs,  (which were remarkably easy thanks to the "How To"), the middle and rear exhaust, and ......... thats it. Not a bulb, brake pipe, nothing else. They are very reliable cars and wear extremely well.

If you have done all that work, the running gear must be nearly new, so enjoy it, you should have a good 3, 4 or even 5 years without anything major needing fixed.

Ken

Agreed-did quite a bit of nicety stuff at the beginning, then had to do more and more major things.

I know I harp on about it, but I just can't face more months of this expense and time.  Hopefully as you say, it will be fully sorted after this weekend and then should last years without more major issues.

Sometimes you can't see the light at the end of the tunnel  :-/

Sorry G the bulb had gone ;) I've replaced it with an energy saving one though ;D ;D ;D

Get 'Trigger's Broom' over as early as you can tomorrow and we'll crack straight on with it after the customary brew ;) :y

Will try to be over 8.30ish, depending on little-un  :y

Cheers Lee-will ring on way-much appreciated  ;D
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Ken T

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Re: Leasing efficient car cheaper than running Omega?
« Reply #37 on: 22 January 2010, 12:16:55 »

Best of luck this weekend, you must have a nearly new car by now !.

Re skoda's, I drove a hire one when working over in the Czech Republic 4 or 5 years ago. Once was enough, never again !.

Ken
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Welung666

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Re: Leasing efficient car cheaper than running Omega?
« Reply #38 on: 22 January 2010, 12:18:27 »

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Best of luck this weekend, you must have a nearly new car by now !.

Re skoda's, I drove a hire one when working over in the Czech Republic 4 or 5 years ago. Once was enough, never again !.

Ken

Hence the cars' nickname ;D ;D
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webby23

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Re: Leasing efficient car cheaper than running Omega?
« Reply #39 on: 22 January 2010, 12:20:19 »

Hoping you get it all sorted and decide to keep her Geoff......the Mig I mean, not the wife.....!!!!!
 :)
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I_want_an_Omega

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Re: Leasing efficient car cheaper than running Omega?
« Reply #40 on: 22 January 2010, 18:28:17 »

A most logical conclusion Geoff. I've leased a Citroen C5 Hdi for a similar price, however, am getting an average 42 MPG, so would suggest that you downward revise the MPG expectations. Total unscheduled spend in 7k miles so far = ZERO  :y
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Lazydocker

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Re: Leasing efficient car cheaper than running Omega?
« Reply #41 on: 22 January 2010, 18:31:59 »

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A most logical conclusion Geoff. I've leased a Citroen C5 Hdi for a similar price, however, am getting an average 42 MPG, so would suggest that you downward revise the MPG expectations. Total unscheduled spend in 7k miles so far = ZERO  :y

By about 25%... Manufacturers figures are in an ideal world and do not allow for gradients, temperature differences, wind, rain etc... ::)
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cruisetopoland

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Re: Leasing efficient car cheaper than running Omega?
« Reply #42 on: 22 January 2010, 20:14:35 »

I would say it depends on the driving-I "hypermile" and used to get 78mpg out of my diesel Panda-over the official mpg, 60mpg from my Sirion 1.0S and 58mpg out of the Perodua Kelisa.

A friend runs a power-chipped Skoda Superb 1.9TDI and averages 72mpg on his daily 50mph B road commute-we have checked and checked this against actual fuel, not the computer.

My routes are 50mph constant, no traffic so I usually beat the average, but always get somewhere between Urban and Extra Urban-the Greenline Skoda is 55.4 and 67.3....so 55 is poss in my area.

It's difficult to hypermile in the Omega-its auto and very very heavy, hence my average 28mpg over the month  :(
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Lazydocker

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Re: Leasing efficient car cheaper than running Omega?
« Reply #43 on: 22 January 2010, 20:31:27 »

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I would say it depends on the driving-I "hypermile" and used to get 78mpg out of my diesel Panda-over the official mpg, 60mpg from my Sirion 1.0S and 58mpg out of the Perodua Kelisa.

A friend runs a power-chipped Skoda Superb 1.9TDI and averages 72mpg on his daily 50mph B road commute-we have checked and checked this against actual fuel, not the computer.

My routes are 50mph constant, no traffic so I usually beat the average, but always get somewhere between Urban and Extra Urban-the Greenline Skoda is 55.4 and 67.3....so 55 is poss in my area.

It's difficult to hypermile in the Omega-its auto and very very heavy, hence my average 28mpg over the month  :(

I find that quite worrying really... I get 26.8-28.3 indicated on the MID (which I've confirmed accurate) as what would be my petrol consumption, and that's in a 3L, with lots of roundabouts and not exactly hanging about :o :o
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albitz

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Re: Leasing efficient car cheaper than running Omega?
« Reply #44 on: 22 January 2010, 20:40:52 »

I get 25 from my 2.5 driving like a granny. :-/ :'(
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