Sterling Posted April 13, 2016 Report Share Posted April 13, 2016 Hey guys, I'm doing some market research that you guys could help me out on: If you were offered a brand new E-Class that averaged out at £830 pm +VAT (£192 pw +VAT) over 3 years, would anyone be interested? This would be excluding insurance, licensing etc. Thanks for your help! admin 1 Quote Link to comment Share on other sites More sharing options...
anonymous Posted April 13, 2016 Report Share Posted April 13, 2016 The problem with Eclass is that Uber doesn't accept drivers for Exec category so i am guessing the demand will not be high. £192/week is with VAT included? if yes then is a very good price indeed comparing with the price you pay for a Prius which is around £150/week VAT included Quote Link to comment Share on other sites More sharing options...
Sterling Posted April 13, 2016 Author Report Share Posted April 13, 2016 27 minutes ago, anonymous said: The problem with Eclass is that Uber doesn't accept drivers for Exec category so i am guessing the demand will not be high. Any chance of this changing any time soon? 25 minutes ago, anonymous said: £192/week is with VAT included? if yes then is a very good price indeed comparing with the price you pay for a Prius which is around £150/week VAT included No that's also exl VAT. Including VAT it would be approx £230 pw. Quote Link to comment Share on other sites More sharing options...
anonymous Posted April 13, 2016 Report Share Posted April 13, 2016 There is a long que for people waiting to be accepted on Exec platform.... Quote Link to comment Share on other sites More sharing options...
LUED Posted April 20, 2016 Report Share Posted April 20, 2016 On 4/13/2016 at 1:23 PM, Sterling said: If you were offered a brand new E-Class that averaged out at £830 pm +VAT (£192 pw +VAT) over 3 years, would anyone be interested? No. I currently lease mine at £503.46 (incl. VAT) per month, on a 6+35 basis (equivalent to £573.39 incl. VAT per month). I have also placed an order on the new model E-Class, which is going to be £653.00 (incl. VAT) per month, on a 3+35 basis (equivalent to £689,28 incl. VAT per month). Quote Link to comment Share on other sites More sharing options...
LUED Posted April 20, 2016 Report Share Posted April 20, 2016 On 4/13/2016 at 2:45 PM, Sterling said: Any chance of this changing any time soon? I understand, they're invited some existing X drivers who drive Exec cars to join the Exec platform. Probably those with high ratings and who've been driving for Uber for a long time, will be asked first. Quote Link to comment Share on other sites More sharing options...
basescu Posted April 21, 2016 Report Share Posted April 21, 2016 12 hours ago, LUED said: No. I currently lease mine at £503.46 (incl. VAT) per month, on a 6+35 basis (equivalent to £573.39 incl. VAT per month). I have also placed an order on the new model E-Class, which is going to be £653.00 (incl. VAT) per month, on a 3+35 basis (equivalent to £689,28 incl. VAT per month). Lued, sorry but i dont understand, what does it mean "on 6+35 basis" Quote Link to comment Share on other sites More sharing options...
LUED Posted April 21, 2016 Report Share Posted April 21, 2016 37 minutes ago, basescu said: Lued, sorry but i dont understand, what does it mean "on 6+35 basis" When you lease cars, the first monthly payment is usually a bigger payment than normal, in this case the first monthly payment is 6 times as normal, then there's 35 monthly payments after that (3 years). Therefore my first monthly payment was £3020.76 (£503.46 x 6), then 35 monthly payments of £503.46. Which averages out at £573.39 per month. Quote Link to comment Share on other sites More sharing options...
Sterling Posted April 21, 2016 Author Report Share Posted April 21, 2016 13 hours ago, LUED said: I have also placed an order on the new model E-Class, which is going to be £653.00 (incl. VAT) per month, on a 3+35 basis (equivalent to £689,28 incl. VAT per month). Are there many conditions that come with that? e.g. Max amount of miles etc. Quote Link to comment Share on other sites More sharing options...
LUED Posted April 21, 2016 Report Share Posted April 21, 2016 40 minutes ago, Sterling said: Are there many conditions that come with that? e.g. Max amount of miles etc. 45,000 miles a year. Quote Link to comment Share on other sites More sharing options...
cardinal Posted April 21, 2016 Report Share Posted April 21, 2016 4 hours ago, LUED said: When you lease cars, the first monthly payment is usually a bigger payment than normal, in this case the first monthly payment is 6 times as normal, then there's 35 monthly payments after that (3 years). Therefore my first monthly payment was £3020.76 (£503.46 x 6), then 35 monthly payments of £503.46. Which averages out at £573.39 per month. So you are paying 20k and what will happened after those 3 years, the car will be your or you just give it back? WHat is the difference between lease and finance a car?sorry for being such a newbie but i just dont understand Quote Link to comment Share on other sites More sharing options...
LUED Posted April 21, 2016 Report Share Posted April 21, 2016 Car is given back (Its worth £35k by the way). Leasing is like a long term rental, usually 1 to 4 years, so the car is given back. Sometimes you can buy the car off the leasing company at the end of the term. Financing often means the car is yours once you finish the payments, sometimes a deposit is required and/or a lump sum is required at the end. Quote Link to comment Share on other sites More sharing options...
