I’ve done some calcs and I don’t think leasing is for me but perhaps someone could confirm from the following.
From Lings Car website I can lease an Insignia Estate Elite Nav Auto for 3+23 payments of £485.22 = £12,615 plus additional mileage charge as I do about 15k miles per year.
I can buy a 1 year old same model car for about £16k. As there are 2 years left on the warranty I guess I get 2 years trouble free motoring so am only risking £3,400 after my 2nd year of ownership when the car is out of warranty? I normally keep cars until they are 6 years old.
Buying a 1 year old car seems far cheaper than leasing and changing car every 2 or 3 years in the same period. I’m not bothered about having a new car or the latest model.
Perhaps Vauxhall isn’t the best car to lease? I’m after an estate (or equivalent load size with back seats down) and it must be automatic. After that I’d like built in sat nav and dab radio. I’m not bothered about leather seats or performance but I do tow a trailer now and then so am steering clear of anything less than 1.6l engines.