This was quite an interesting transaction, in that the customer needed a car asap and couldn’t decide between this and another option, the Mercedes GLA for their next car.
How should you select your next car leasing option? As a credit broker (not a lender) we work alongside almost every manufacturer and have no specific relationship or affinity which will influence which manufacturer we offer to you.
It is our job to provide you with suitable options and then you, whether personal or business, do the necessary research to find out which car is best suited to your circumstances.
In the situation here, the driver was a “low mileage” driver, as they were covering between 6,000 and 7,000 miles per annum and would be mainly covering stop/start journeys. For this type of driving behaviour, we would often offer a petrol vehicle to the customer as this is more of a suitable fuel choice than a diesel vehicle. As the other vehicle was a diesel, the GLA 200d, this helped the customer to reach a firm decision – the petrol.
Should I lease a petrol vehicle only? Just to confirm, this is definitely not the case. Indeed, recent press has seen some fairly unclear messages from the Government. Only yesterday, it was reported that the UK would ensure that by 2030 half of new car sales would be hybrid or electric as part of a “Road to Zero” plan, which ultimately wants a ban on the sale of petrol and diesel cars by 2040 across the UK.
While there is a push towards the ultra-low emission vehicle (a vehicle emitting CO2 of 50g/km or less) this is ambitious to say the least.
The transportation network in the UK is the largest contributor to greenhouse gases and of course this does demonstrate that time and effort needs to be invested to improve this. That being said, the majority of new cars being offered to the automotive market are either petrol or diesel combustion engines, with a smattering of either PHEV or fully-electric options included. While appetites are very much petrol focused, there are still a large number of diesel vehicles available and these remain one of the best options for any high-mileage users (20,000 miles and above).
While the UK Government may have the right intentions, achieving the goal above is almost impossible and clearly shows that many of the politicians are removed from the reality of everyday life in the automotive industry.
One of the main issues is that PHEV and electric vehicles are still a) expensive; and b) technologically limited. For company car users there are some car tax benefits in taking a low-emission vehicle, as this reduces exposure to Benefit in Kind (BiK). However, apart from vehicle excise duty (road tax) there is little incentive to an individual for taking an electric vehicle. If the Government are so inclined to genuinely make electric vehicles integral, they are going to have to offer tax breaks to personal customers who are buying or leasing a new car (plus similar to those companies who take these vehicles).
In our opinion, the purchase price or monthly rental cost should be allowable against income tax (or a portion of it) to make this worthwhile.
The other issue is with the technology and functionality of the vehicles, in that they are only suitable for certain drivers and mileages. Electric vehicles are still not suitable for high-mileage users. You also have the issue of charging, in that we are only just seen charging points around the UK and many homes are still not set-up for charging.
What happens if you have roadside parking – how do you change your vehicle then? In addition, how efficient is an electric vehicle if they are being charged via a national grid that generates electric via fossil fuels? There are still many queries and points which need answering and the Government needs to work with the industry before making any decisions.
Until such point, personal and business users can be assured that both petrol and diesel engines are still suitable fuel choices and new cars are available in both for purchase or lease.
In terms of the car shown here, the Volkswagen Tiguan Estate 1.4 TSI BMT 125 SE Nav 5 Door, this is based on the following configuration:
· Deep Black Pearl Paint
· Rhombus Cloth – Titan Black
· Titan Silver Decorative Inserts
· 18″ Patagonia Alloy Wheels + Anti-Theft Wheel Bolts
As standard the car includes navigation, an 8” touch screen, front/rear parking sensors, high beam assist, 18” alloys, leather multifunction steering wheel, comfort seats, trailer stability programme, heated rear window, rain sensing wipers, tinted windows, front assist with emergency braking, hill hold control, Bluetooth, adaptive cruise control, distance control assist, lane assist, fatigue detection, auto dimming interior mirror, electric heated and folding door mirrors, DAB radio, SD clot, body coloured externals, dusk sensor, climate control, storage compartments, sunglasses storage, active bonnet, first aid kit, XDS differential lock, warning triangle and alarm with immobiliser. In terms of additional factory options, consider the electric panoramic sunroof and winter pack for the perfect solutions.
On the technical side, company car and business users can note the P11d at £26,355.00 and CO2 at 137g/km. The 1395CC 6 speed manual engine delivers 46.3 combined MPG, 125ps and 0-62 times of 10.5 seconds. The service intervals on a petrol Tiguan are every 12 months or 10,000 miles, whichever lands sooner.
Find the webs very best personal or business car leasing on the VW Tiguan right here @CarLease UK —> https://www.carlease.uk.com/deals/volkswagen/tiguan