Tag Archives: car leasing

buying a new car, car shopping

Car leasing versus outright purchase

couple_convertible_pinkWhen we get such favourable feedback from females about a local car leasing business, we have to find out more.

For example, this is what Club member Jen in Chichester has to say about Pinksauce Leasing.

“Fantastic service! I can’t recommend Chris and Lyndsay enough. I went to them needing a new car for a new job which involved a long commute. Not having any idea what make or model I wanted. They did all the research for me on MPG, showed me a lot of pictures and advised on several suitable cars. They were friendly and approachable and didn’t make me feel silly for knowing next to zero about cars! Talking independently about the best car for me rather than pushing certain makes due to commission. Simply fantastic!”

And this is what Club member Shelley in Basingstoke tells us about them.

“I couldn’t recommend Pinksauce Leasing enough! Lyndsay was extremely helpful, offering great advice and service, backed up with sound knowledge, expertise and experience. The deal I was offered was of fantastic value and through every step she was honest, fair and informative with great communication. Top lady!”

Why Car Leasing is so popular

Car leasing has boomed over the last few years and for good financial reason.

Of course you can still buy a new car using finance and/or cash but when you come to sell it, you will take a seriously heavy depreciation hit which is hard to calculate and therefore too often ignored at the car shopping stage.

Just to give you a clue about the figures, according to research by CAP Automotive, depreciation will cost the typical motorist three times as much as they spend at the petrol pump. That brings it home, a potential loss of some 15-35% in the first year and up to 50% or more over three years. Or, in hard cash terms, buy a medium sized family car and three years later it’s worth c£12k less.

Whereas leasing of sorts means you pay a fixed monthly amount over an agreed term then either walk away at the end of the contract, buy the car off, or choose another car and sign a new contract. It’s certainly more transparent and easier to budget for! No wonder so many younger drivers are opting for this method.

Either way, it’s important to choose the best car for the job in hand which is where FOXY can help Club members, of course, with their car shopping choices.

For example, Personal Contract Hire (or Business Contract Hire) is based on a fixed annual mileage agreed when you take out the contract. You need to decide how many miles you are likely to drive each year before quotations can be obtained. Once you say how many miles you drive in a year and the car you’d like, the leasing business can prepare a quotation for you and advise where necessary.

About Pink Sauce

Pink Sauce Leasing is based in Chichester and run by Mr and Mrs Pink. No it’s not just a case of colouring their website pink to give it girl appeal – the name is for real! That’s Chris (Dad) and Lyndsay (Mum), covering new car leasing requests for motorists across Sussex and Hampshire.

Chris worked for several manufacturers and leading car dealership groups for some 20 years before deciding to do something about the treadmill approach of many businesses to selling cars. This is why he and Lyndsay decided to go solo, explains Chris.

“Some customers mentioned their purchase experience felt like being on a corporate conveyor belt which upset me because any new car purchase, bearing in mind these are always high ticket ones, should make a customer feel very special and yet few do. Whereas we look after all the boring stuff which the car dealers and finance partners need to allow our customers to enjoy a stress free car shopping experience.”

We’re pleased to meet you on our patch, Chris and Lyndsay.

For More Information

You can find out more about Pink Sauce Leasing here.
Website: http://www.pinksauceleasing.co.uk
Tel: 01243 767121
Email: info@pinksauceleasing.co.uk

For advice and hand holding support throughout the car shopping experience you would do well to join FOXY Lady Drivers Club in advance.

women drivers

Surprising celebrity cars

celebrity1

Celebrity culture influences us all it seems.

A guilty pleasure for many (says she), as in reading the likes of OK and Hello magazines in hairdressers, marvelling at the extravagance of celebrity homes, weddings and seemingly designer babies.

And whilst Top Gear stars might put reasonably priced cars through their paces on TV, surely they’d have Aston Martins or Ferraris in their centrally-heated garages not the likes of the Suzuki Liana, Chevrolet Lacetti or Kia Cee’d they’d pretended to enjoy driving under the spotlight?

But maybe we’re wrong to think this?

Certainly findings from Vertu Lease Cars suggest we are and that many celebrities choose surprisingly modest motors – for image reasons or environmental concerns perhaps.

Female celebrity car choices

Most of us know the Queen enjoys driving her highly practical Range Rover Sport across her Scottish estate.

jennifer_lawrenceBut did you know that Jennifer Lawrence drives a VW Eos?

Which is a very stylish and lesser known VW convertible which is also highly affordable for others to drive, even without a paparazzi in tow…

Or that pop icon Madonna drives a Mini Cooper? Just imagine her pulling up alongside you in the local Tesco car park without you noticing who it was! Unlikely but remotely possible of course.

Male celebrity car choices

Whereas some of the male ‘celebrities’ we’re told about have made less predictable choices in our opinion.

leo_carFor example, Justin Bieber drives a Smart for Two which he badges as Swag Car for fun.

And Wayne Rooney in an unremarkable Ford Ka which we imagine was probably bought by his foxy car shopping wife?

And bear-fighting Leonardo di Caprio keeping his coveted Oscar in the glovebox of his environmentally-friendly Toyota Prius, perhaps?

But it was the thought of latter day macho film icon Clint Eastwood squeezing into a Fiat 500 that really made our day!
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Thank you Vertu Cars for sharing this automotive insight (and that of other celebrity cars) whilst reminding us that all these cars are affordable and available to us all to buy or lease.

Even if so-called celebrity status isn’t part of that deal!

FOXY

car shopping

What does the latest budget mean for drivers?

Budget2015George Osborne came along a couple of weeks ago and shook up everything we currently understand about car tax – or Vehicle Excise Duty (VED), if you’d rather.

So will you be paying more or less for car tax in future? And is there more we need to know?

At the moment, the amount we pay in car tax depends entirely on the emissions given off by our vehicles, so the higher the emissions, the more you pay.

VED rates as at 1st April 2015

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As you can see, the VED rates paid in 2015 range from £0 to £1100.

This is a clear incentive to buy new cars based on lower emissions.

VED rates from 1st April 2017

From 1st April 2017 though, this will no longer be the case. The change in rules seems to have been sparked by the revelation that under the current VED rules, by April 2017 three quarters of new cars will be exempt from road tax.

George explained: “We will create a new roads fund from the end of this decade and every single penny raised in vehicle excise duty will go into that fund to pay for roads. The tax paid on people’s cars will be used on the roads they drive on. It’s a fairer tax system for motorists.”

What does this change mean?

ved chartWell, essentially, if you buy a car that’s registered after April 1st 2017, you’ll pay a flat-rate of £140 a year (after the first year), for your car tax, unless you buy an electric 0g/km emissions vehicle.

So if you buy a new car with low (but not no) emissions after 2017 you’ll pay more than you’re paying now.

This also changes if your car is worth more than £40,000 when you’ll pay an additional supplement of £310 a year for five years.

Expensive, right?

Can these changes be avoided?

Well, funny you should ask, there are a few ways you can avoid paying any road tax at all.

The first would be to buy a car before 2017 that sits in tax band A, like the Citroen C1, Toyota Aygo, some Fiesta models – there really are loads!

Buying a car now, or at least pre-2017, means that current tax band rules continue to apply.

The only problem with this way is that sooner or later you’ll get bored with your car and want to trade it in for a newer model, which is when the new VED rules will hit.

That’s where the second option comes in. If you choose to lease a car, whether on a personal or business lease, you won’t have to worry about car tax for the duration of your lease, and these rules will continue to apply, even when the new rules have been introduced.

So whether you lease a Ford or a Porsche, you can be safe in the knowledge that VED won’t be catching you out any time soon!

guestreviewThis is a guest blog written by All Car Leasing a company specialising in personal leases for individual motorists and business leases for employers and employees.