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Following on from an earlier thread, Lings cars was recommended as a source of cheap new motors.
I've seen the (awful) website before but never really took in the prices. Holy Crap!
Merc E estate for £400 p/m at 20,000 miles pa sounds too good to be true.
Is it? Or has anyone on here actually dealt with them?
Experiences welcome.
the merc deal is based on the fact that after the lease the merc is worth more to flog on.....
cheap cars dont always make good lease cars when it comes to consumers
The website is a marketing ploy. A phenomenally successful one.
Some great deals on Mercs all over - not looked at E Classes but seen C Classes for £248, SLKs for similar. So before you push the button, check that they are in fact best prices. I looked at Q5s on her site and I have found them for £100 a month less elsewhere.
We have used Ling. No problems only good service.
Edit : She can be straight talking, You need a good credit score, not sure if that is the same with all leases but she was quite vocal on the point !
I dont understand some of the prices. How can a E220 be cheaper by over £100 a month than a BMW 118?
Residual prices and the deals she can get from Merc in the first place to put a registration on the car.
I got an outgoing model Audi A6 SLine Special Edition for less than a basic Mondeo two years ago (direct from Audi) - they just want the car registered and on the road at whatever cost it takes.
Manufacturers also offer different discounts for large sales numbers but as mentioned the big resale value is what allows the best price.
Just leased a car through Ling. On the surface the website looks like a riot but it's actually by far the best leasing website I found. Everything is laid out simply and easy to see. Once you start the process you get access to a behind the scenes members area and all communication goes through that. They're super quick at responding to everything and guide you through the entire process. It took less than a month from ordering to receiving the car and her prices were impossible to beat.
Boardin - do they negotiate or is the price you see the price you pay?
How can a E220 be cheaper by over £100 a month than a BMW...
Exactly. The MB is nearly half the cost of a Jag XF estate. Bonkers.
Anyone want to buy a 4 year old Merc E250 estate?
seen C Classes for £248
Can you remember where??
Nobody wants Mercs either (most of the engines get bad reviews) so they are doing all they can to get rid of stock.
But everyone still seems to want BMWs so the deals aren't as good - people are happy to pay whatever it takes.
Also, for business users, the BMW will fall into more people’s class from the car list.
Here you go
Or why not go for an E Class for not much more...
http://www.frontierleasing.co.uk/mercedes-car-leasing/e-class-diesel-estate-leasing/e220-cdi-blueefficiency-se-5dr-tip-auto- [7]-details-22457.aspx
Ah thanks John, but mine would be private contract so not quite as amazing, but still not bad.
*puts credit card & driving licence away
Sorry - being a business user I automatically assume everyone else is!
Merc garage near my work has massive posters outside at the moment for C-Class' at ~£240 a month IIRC. From what I've read, Merc are having a bit of a hard time of it at the moment so seems like they're trying to shift cars however cheap they can!
... do the lease prices on lings include all insurance too ?
And can you put a private plate on the car ? (without loosing the plate to a finance company! ?)
... Oh and whats the definition of a "business user" ?
Mrs Smith has her own small (VAT registered, and all that) business, so do we qualify as being a business user.
Ta
If put through her books then yes - it will be declared as a tax deductible expense if she is a sole trader so makes tax sense too.
No, won’t include insurance - how could they quote inc. insurance as everyone’s will be different! Some include maintenance and tyres though. All include road fund licence tax.
Boardin - do they negotiate or is the price you see the price you pay?
The price I saw online is the price I'm paying
... do the lease prices on lings include all insurance too ?
No
And can you put a private plate on the car ? (without loosing the plate to a finance company! ?)
A colleague leases and he has a private plate. A bit of a faff if I remember correctly and it can be done. You'll just need to switch it back before the end of the lease.
What is the typical early termination fee on cars from Ling?
That will depend on the car, surely? I'm sure it's spelled out in the T's & C's.
Yes, it will vary. That's why I asked for the typical cost. There is no set limit on the website. Think you have to apply to get the definitive cost, rather than the actual.
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She will appear here within the next few days.
What is the typical early termination fee on cars from Ling?
I'm on a 3 year deal. I can terminate after a year and hand the car back with no penalty. If I terminate before a year I have to pay the remaining balance for the 1st year.
BoardinBob - that seems like a very good deal. Much better than my old lease deal.
Just a bit - mine was 50% of remaining payments for the duration of the 3 years (Lex Autolease). Still it meant I got to keep my impractical sporty thing for 2.5 years after my twins were born 🙂
Now I am in family car hell.