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It is good VW have managed to get the (UK spec) entry car below 拢30K after grant, but there has been some cost cutting such as steel wheels, no rear speakers, no heat pump, etc. Overall it is a good spec for a lot of buyers though.

As 90% of new cars are financed, the acid test is what the PCP/PCH costs will be.
 
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It is good VW have managed to get the (UK spec) entry car below 拢30K after grant, but there has been some cost cutting such as steel wheels, no rear speakers, no heat pump, etc. Overall it is a good spec for a lot of buyers though.

As 90% of new cars are financed, the acid test is what the PCP/PCH costs will be.
VW's UK financing packages will be announced next week. What do people think is a reasonable leasing, pcp price say for a 58kWh Life?

Clearly they will mainly push their 'lease and care' offer. The 'small' offer is basically a lease plus servicing. I would hope this is no more than about 拢410 a month total Inc. averaged Deposit. For 10,000 miles, 3 years.

PCP Im sure will have no deposit contribution and an APR of around 5.9%.

Any thoughts?!
 

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VW's UK financing packages will be announced next week. What do people think is a reasonable leasing, pcp price say for a 58kWh Life?

Clearly they will mainly push their 'lease and care' offer. The 'small' offer is basically a lease plus servicing. I would hope this is no more than about 拢410 a month total Inc. averaged Deposit. For 10,000 miles, 3 years.

PCP Im sure will have no deposit contribution and an APR of around 5.9%.

Any thoughts?!
So much depends on production volume vs. demand. If they have genuinely increased production and are close to resolving outstanding software issue, then they will be keen to stoke modest demand by offering good finance packages themselves and support other lease companies.

However, Golf production is far greater that ID3 for 2020/21 so they will want to avoid demand exceeding supply. They are controlling this at present by not doing the small battery version and offering a high entry spec compared with the Golf - for example "auto" box, Navigation Pro, etc. I suspect they will pitch "Life Pro Power" above the 拢400 month level (on a 3+35 PCH) so that VW buyers with lower budgets and OK with a manual, still go for a Golf.
 

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So much depends on production volume vs. demand. If they have genuinely increased production and are close to resolving outstanding software issue, then they will be keen to stoke modest demand by offering good finance packages themselves and support other lease companies.

However, Golf production is far greater that ID3 for 2020/21 so they will want to avoid demand exceeding supply. They are controlling this at present by not doing the small battery version and offering a high entry spec compared with the Golf - for example "auto" box, Navigation Pro, etc. I suspect they will pitch "Life Pro Power" above the 拢400 month level (on a 3+35 PCH) so that VW buyers with lower budgets and OK with a manual, still go for a Golf.
They also obviously have to position their offer against the competition.
In terms of similar leasing packages, with brokers, I've seen Kona electrics for around 拢380 a month and an eNiro for 拢405. Maybe add 拢15 for the servicing. Although both of these are 拢5k more than a Life.
Mind you Peugeot leasing for a 208e was around 拢427!!
 

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Having spent a lot of time looking for deals on an e-Niro I can tell you that you can get an e-Niro 3 on a PCH (3+35 incl maintenance + 10000 miles for 拢352.99. Will be interesting to see what VW actually pitch their life and care pricing and what sort of price the specialist leasing companies offer the ID3 life for
 
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