How did PCP work out in the end?

followmeup · 19-05-2021 4:31pm

CoBo55 wrote: »

I didn't know the estate was style spec only, for PCP I'd go with the Octavia as they hold their value so much better than Seat. I'm thinking about going for the karoq next time I like the look of them but have never even sat in one. The Superb is due a service next month I might have a gander at one then and see what the figures are, I'll have about 11 payments plus the settlement to cover from the value of the superb.

Yeah looking at the price list, the 1.5l Octavia estate only comes in Style spec, the 1.0l is available in Active and Ambition but I don't think I'd fancy the 1.0l in an estate car.

Wildly Boaring · 19-05-2021 4:50pm

CoBo55 wrote: »

0% hp? on second hand? Was it a Seat only deal? It's a wonder it wasn't mentioned here, most on here, myself included don't miss these offers.

Seat only. 5k only
https://touch.boards.ie/thread/2058030242/1/#post111753585

19-05-2021 4:54pm

I've about a year left on my PCP deal, which was at 0%, and starting to think about what to do next year. It's with VW Bank, I read above they'll refinance at a higher rate so I will talk to them about that and might throw in a few bob at the time to bring the term or the payment down, can you get them to extend the warranty at all even for a cost? We've barely driven the car over the past year so after 2 years I think it has about 10k kms on it. Obviously has given absolutely no trouble so not sure I see the point in spending a large amount on a new one. But I've just had absolute horrors in the past with cars so do like the comfort of a warranty.

CoBo55 wrote: »

I didn't know the estate was style spec only, for PCP I'd go with the Octavia as they hold their value so much better than Seat. I'm thinking about going for the karoq next time I like the look of them but have never even sat in one. The Superb is due a service next month I might have a gander at one then and see what the figures are, I'll have about 11 payments plus the settlement to cover from the value of the superb.

In a similar situation to this, have an Octavia Estate so was either looking at another one, a Karoq, or just keeping the car.

CoBo55 · 19-05-2021 5:15pm

followmeup wrote: »

Yeah looking at the price list, the 1.5l Octavia estate only comes in Style spec, the 1.0l is available in Active and Ambition but I don't think I'd fancy the 1.0l in an estate car.

Been there done that with that 1 litre engine, don't care to repeat the experience. Would love the iv but it's crazy money so I'll stick with diesel.

19-05-2021 5:29pm

followmeup wrote: »

Yeah looking at the price list, the 1.5l Octavia estate only comes in Style spec, the 1.0l is available in Active and Ambition but I don't think I'd fancy the 1.0l in an estate car.

I have this, honestly it's absolutely fine. I have had the old 1.9l diesel Octavia model in the past and apart from the obvious diesel v petrol differences (noise, MPG, etc) I wouldn't have felt any huge difference in performance.

CoBo55 · 19-05-2021 5:40pm

Lizbeth Gifted Ram wrote: »

I have this, honestly it's absolutely fine. I have had the old 1.9l diesel Octavia model in the past and apart from the obvious diesel v petrol differences (noise, MPG, etc) I wouldn't have felt any huge difference in performance.

Maybe I was being a bit harsh on the 1 litre I found it grand from the point of drivability but I think I got a dud, is was very rough at times and very heavy on juice compared to others who have the same engine I wouldn't be keen to repeat the experience.

CoBo55 · 20-05-2021 9:22am

Has anyone got a 1 or 1.5 litre mild hybrid? I'm just wondering what they're like. They get good reviews in the usual places I was just wondering does anyone here have one?

20-05-2021 9:36am

The only mild hybrid I've driven was a c class merc.. Returned 40mpg over driving that a CHR self charging (I know) did 50mpg & a 1.6 diesel Octavia did 55mpg.

Great drive though to be fair.

J Mysterio · 21-05-2021 1:30am

Love my Octavia to bits and find it a very attractive car indeed.

shanec1928 · 21-05-2021 10:16am

CoBo55 wrote: »

Has anyone got a 1 or 1.5 litre mild hybrid? I'm just wondering what they're like. They get good reviews in the usual places I was just wondering does anyone here have one?

have the 1.5 mild hybrid dsg in the new leon estate. previously had a manual 1.5 in a hatch back leon. think its pretty economical. usually get in or around 6L / 100km according to the computer on a long run, I wouldnt be one to hang around. Im sure you could do better if you stuck it in eco and all that lark:pac:

followmeup · 21-05-2021 10:35am

shanec1928 wrote: »

have the 1.5 mild hybrid dsg in the new leon estate. previously had a manual 1.5 in a hatch back leon. think its pretty economical. usually get in or around 6L / 100km according to the computer on a long run, I wouldnt be one to hang around. Im sure you could do better if you stuck it in eco and all that lark:pac:

How do you find the build quality in them? I really like the look of them, gonna go test drive one in the next few weeks! Was there much of a discount to be had on them?

CoBo55 · 21-05-2021 10:59am

shanec1928 wrote: »

have the 1.5 mild hybrid dsg in the new leon estate. previously had a manual 1.5 in a hatch back leon. think its pretty economical. usually get in or around 6L / 100km according to the computer on a long run, I wouldnt be one to hang around. Im sure you could do better if you stuck it in eco and all that lark:pac:

Is it nice around town? I had a DSG 1 litre Octavia and the stop start was very rough it had acc so if the car in front crept forward by even the tiniest few millimetres the engine would start, then stop, car in front would creep, start again, it drove me nuts.

CoBo55 · 21-05-2021 11:04am

followmeup wrote: »

How do you find the build quality in them? I really like the look of them, gonna go test drive one in the next few weeks! Was there much of a discount to be had on them?

I think they've really improved the build quality, depreciation would be the biggest worry for me especially when getting it on PCP. A family member has a 151 Fr diesel, they're quite small inside compared to an Octavia.

21-05-2021 11:14am

The new ones are longer than a Golf iirc, some reviewer mentioned the hatch had decent rear leg room due to that.

The new Leon is a nice car, range toppers are well up there with VW pricewise so depreciation might be a concern alright I suppose, they certainly aren't a cheap option new.

shanec1928 · 21-05-2021 11:26am

followmeup wrote: »

How do you find the build quality in them? I really like the look of them, gonna go test drive one in the next few weeks! Was there much of a discount to be had on them?

build quality is pretty good big improvement over the mk3 leon i got out off.

CoBo55 wrote: »

Is it nice around town? I had a DSG 1 litre Octavia and the stop start was very rough it had acc so if the car in front crept forward by even the tiniest few millimetres the engine would start, then stop, car in front would creep, start again, it drove me nuts.

ive found it grand around town. have never set acc to drive around town though.

CoBo55 wrote: »

A family member has a 151 Fr diesel, they're quite small inside compared to an Octavia.

the mk4 is built on the long wheel base MQB paltform the same as the octavia. defiantly a lot bigger in the back seats now. in the mk3 i couldn't sit behind the drives seat if it was set up for me to drive. i can in the mk4

CoBo55 · 21-05-2021 11:33am

shanec1928 wrote: »

build quality is pretty good big improvement over the mk3 leon i got out off.

ive found it grand around town. have never set acc to drive around town though.

the mk4 is built on the long wheel base MQB paltform the same as the octavia. defiantly a lot bigger in the back seats now. in the mk3 i couldn't sit behind the drives seat if it was set up for me to drive. i can in the mk4

Thanks for the info, I found the MK3 very uncomfortable. The strange thing with the Octavia was it happened even with the ACC turned off, maybe it was being caused by the proximity sensor but it was most bloody annoying.

Rusky rusky · 21-05-2021 11:37am

shanec1928 wrote: »

ive found it grand around town. have never set acc to drive around town though.

My mk7.5 golf behaves the same way in the traffic without the acc engaged. Super annoying...

CoBo55 · 21-05-2021 11:43am

Rusky rusky wrote: »

My mk7.5 golf behaves the same way in the traffic without the acc engaged. Super annoying...

It certainly is, it's a pity you can't set a figure in the menu, while stationery only start engine if vehicle in front moves more than X distance etc. I was wondering do the mild hybrids suffer with the same problem or does the engine only cut in when your car starts moving.

L-M · 21-05-2021 6:31pm

Mild hybrid is a 48v battery under the seat. It’s a waste of space and does not improve fuel economy. Don’t be fooled by it.

The car can’t actually drive on it. All is does is the end might cut out when the car is coasting downhill.

CoBo55 · 21-05-2021 8:01pm

L-M wrote: »

Mild hybrid is a 48v battery under the seat. It’s a waste of space and does not improve fuel economy. Don’t be fooled by it.

The car can’t actually drive on it. All is does is the end might cut out when the car is coasting downhill.

Yea, it looks like a con job. Think I'll stick with diesel for the next car and see what's around in 2-3 years time.

L-M · 21-05-2021 9:20pm

Oh no I’d still buy petrol.

The TCO of a diesel doesn’t make sense.

Ie the extra cost of the diesel day one, say 2k. Assuming the resale would be the same as a petrol in three years (which is the case now, if even worse) that’s 55 euro a month you’d have to save on fuel, just to pay for the engine nevermind actually make a fuel saving.

Toyotafanboi · 21-05-2021 9:46pm

If you were doing a decent mileage though you'd surely save that back?

CoBo55 · 21-05-2021 9:55pm

L-M wrote: »

Oh no I’d still buy petrol.

The TCO of a diesel doesn’t make sense.

Ie the extra cost of the diesel day one, say 2k. Assuming the resale would be the same as a petrol in three years (which is the case now, if even worse) that’s 55 euro a month you’d have to save on fuel, just to pay for the engine nevermind actually make a fuel saving.

I'll be back doing 20k plus a year when the covid stuff ends. I hardly seemed to use the car at all since last March yet there's almost 15k done on it.

L-M · 22-05-2021 6:58am

Say a diesel will average 5.2 l per 100 and a petrol will average 6.2 l per 100.

Say 20000kms a year.

20000/100=200*5.2 = 1040 litres of fuel needed. Diesel at 136 per litre =. €1,414 cost of fuel.

20000/100=200*6.2 = 1240 litres of fuel needed. Petrol at 145 per litre = €1,798 cost of fuel.

Difference in fuel €384 per year.

*3 years = €1,152

A Skoda Octavia petrol ambition is 25,920 a diesel is 28775.

That’s 2855 extra for the diesel. So the diesel is still costing you 2855-1152 fuel saving net cost €1,700.

Unless you can claim back diesel as an expensive and VAT it’s hard to ever make up the difference

Toyotafanboi · 22-05-2021 7:50am

I agree with your point but 20k kms p/a is a low mileage example to be comparing a petrol to a diesel and is petrol driving territory regardless, i think your example does go to prove though as your kms p/a get higher diesel still would work out cheaper but you'd need to be a high mileage user and even at that the payback is minimal. Inreresting.

Rrrrrr2 · 22-05-2021 8:02am

Looking at the new Octavia on Carzone they all appear to be the 1.0 l petrol

DaveyDave · 22-05-2021 9:01am

Toyotafanboi wrote: »

I agree with your point but 20k kms p/a is a low mileage example to be comparing a petrol to a diesel and is petrol driving territory regardless, i think your example does go to prove though as your kms p/a get higher diesel still would work out cheaper but you'd need to be a high mileage user and even at that the payback is minimal. Inreresting.

20,000km is above average so that's still a fair bit of driving. Big enough cost difference on the fuel in a year but it would take years to break even.

At 30,000km

30,000/100=300x5.2 = 1,560 x 1.36 = 2,121
30,000/100=300x6.2 = 1,860 X 1.45 = 2,697

576 X 3 = €1,728 on fuel.

That can't be right. Even at 30k it would take 5 years to break even with a diesel Octavia?

Wildly Boaring · 22-05-2021 9:20am

Are diesels not holding value over petrols after 3 years?
They've hardly lost the whole difference.

Short term are petrols in more danger of loss due to EVs?

20k km seems low for diesel.
Always thought the tipping point was more like 20k miles so 30k km.

22-05-2021 9:51am

Wildly Boaring wrote: »

....
20k km seems low for diesel.
Always thought the tipping point was more like 20k miles so 30k km.

Plenty folk with diesels do less than 20k kms.
Still see folk buying them even though with WFH they'll be doing way less. Many won't get to operating temp for months.

Toyotafanboi · 22-05-2021 9:54am

20k kms per year is barely above average and in the scheme of anyone buying a diesel for commuting would be a fairly small mileage by comparison IMO.

I suppose what i'm trying to say is 20k kms a year is such an obvious, default mileage to buy a petrol at that it's a silly mileage example to use to show that a diesel doesn't make sense but i think that's the point of what L-M is saying.

Wildly Boaring · 22-05-2021 10:01am

Think we're all saying the same thing so.
Buy a petrol for 20k KMS

(Personally I'd be having a very hard look at the smaller EVs for 20k km, lifestyle permitting)

L-M · 22-05-2021 10:41am

Nissan and Hyundai are stopping diesel this year, Renault have already stopped.

I’m selling cars a long time and I’m a great advocate for diesel and the need for them, but if I was spending money now I would not buy a new diesel car for personal use.

Lantus · 22-05-2021 11:28am

DaveyDave wrote: »

20,000km is above average so that's still a fair bit of driving. Big enough cost difference on the fuel in a year but it would take years to break even.

At 30,000km

30,000/100=300x5.2 = 1,560 x 1.36 = 2,121
30,000/100=300x6.2 = 1,860 X 1.45 = 2,697

576 X 3 = €1,728 on fuel.

That can't be right. Even at 30k it would take 5 years to break even with a diesel Octavia?

Fuel usage will depend on engine and driving style and the journey. I'd say it's not too far off. Diesel has closed the gap on petrol recently in price. If you can sit at 110 ish on the motorway you can get good efficiency.

In 3 or so years petrol will likely be much easier to sell and have better residuals as diesel gets a slow squeeze death.

JoeA3 · 22-05-2021 11:42am

We replaced a diesel A4 recently with a 1.5 TSI petrol T-Roc. The new car is easily doing 42-43mpg with mostly very short journeys. Its as fuel efficient as the car it replaced along with just being nicer and on another planet in terms of refinement obviously. Longer trips, remains to be seen, but herself is delighted and there’ll never be another diesel in the household.

CoBo55 · 22-05-2021 12:03pm

Lantus wrote: »

Fuel usage will depend on engine and driving style and the journey. I'd say it's not too far off. Diesel has closed the gap on petrol recently in price. If you can sit at 110 ish on the motorway you can get good efficiency.

In 3 or so years petrol will likely be much easier to sell and have better residuals as diesel gets a slow squeeze death.

If anything the gap is getting wider between diesel and petrol, here in Wexford anyway.

CoBo55 · 22-05-2021 12:09pm

JoeA3 wrote: »

We replaced a diesel A4 recently with a 1.5 TSI petrol T-Roc. The new car is easily doing 42-43mpg with mostly very short journeys. Its as fuel efficient as the car it replaced along with just being nicer and on another planet in terms of refinement obviously. Longer trips, remains to be seen, but herself is delighted and there’ll never be another diesel in the household.

I was getting that mpg from the 1.4 TSI DSG and was very happy with it. The 1 litre that replaced it was a dog, it was down in the low thirties mostly. I was forever putting petrol in it even the missus who doesn't drive noticed I was always filling it. The fecker had me broke. If I knew I was going to get your figures I'd go for the 1.5.

CoBo55 · 22-05-2021 12:18pm

Lantus wrote: »

Fuel usage will depend on engine and driving style and the journey. I'd say it's not too far off. Diesel has closed the gap on petrol recently in price. If you can sit at 110 ish on the motorway you can get good efficiency.

In 3 or so years petrol will likely be much easier to sell and have better residuals as diesel gets a slow squeeze death.

That's what I was told when I bought the 172 petrol... It hasn't happened yet people are still buying diesels and they aren't worthless. With the paltry offer that the dealer made on mine when I bought the Superb I didn't benefit from the so called fantastic residuals on a petrol car.

Wildly Boaring · 22-05-2021 12:29pm

CoBo55 wrote: »

That's what I was told when I bought the 172 petrol... It hasn't happened yet people are still buying diesels and they aren't worthless. With the paltry offer that the dealer made on mine when I bought the Superb I didn't benefit from the so called fantastic residuals on a petrol car.

Damned if you do. Damned if you don't.

There's a big market for low mileage 3 or 4 year old diesels. But would a dealer acknowledge that when you trade in??

EV is the disruptive force.
What's an iD3 going to trade in at in 2024?
Will the diesel folks be flat out buying them instead?
Will small EVs hold good value on trade in?
I think they will once the batteries keep range

photosmart · 22-05-2021 1:06pm

EV residuals are going to be a function of the battery and remaining life.
It remains to be seen but I would think that the forecast lifespans are overly optimistic.

Essentially the EV car batteries are made up of packs of 18650's. The same batteries that are in high end torches and in lithium power tools. Going on my experience these have a lifespan of 4 - 5 years before significant degradation.

Hence I would say that EV's that are 5 years old are going to be worth very little as they will need a new "pack".

Don't expect to hear this from the industry - most will find it out the hard way.

Casati · 22-05-2021 1:10pm

photosmart wrote: »

EV residuals are going to be a function of the battery and remaining life.
It remains to be seen but I would think that the forecast lifespans are overly optimistic.

Essentially the EV car batteries are made up of packs of 18650's. The same batteries that are in high end torches and in lithium power tools. Going on my experience these have a lifespan of 4 - 5 years before significant degradation.

Hence I would say that EV's that are 5 years old are going to be worth very little as they will need a new "pack".

Don't expect to hear this from the industry - most will find it out the hard way.

Don’t visit the EV forum anytime soon with that banter!

CoBo55 · 22-05-2021 1:15pm

Wildly Boaring wrote: »

Damned if you do. Damned if you don't.

There's a big market for low mileage 3 or 4 year old diesels. But would a dealer acknowledge that when you trade in??

EV is the disruptive force.
What's an iD3 going to trade in at in 2024?
Will the diesel folks be flat out buying them instead?
Will small EVs hold good value on trade in?
I think they will once the batteries keep range

If he doesn’t I’ll walk, same as I did with the last dealer, luckily I’m in the position to pay the settlement and keep the car. A proper car size ev not one of those bean tin yokes would interest me if they were affordable but they aren’t. Car is due for a service in a couple of months I’ll have a chat to the lad that sold me this car and see what happens.

photosmart · 22-05-2021 1:30pm

The EV forum is for "believers" imho. As it is VW etc guarantee the battery packs for 8 years or 98k miles which is fair enough but
that is probably the max and assumes proper charging and use etc.

At that point a replacement battery back will be needed.

Current prices (USD) to replace a 62kwh battery on a leaf is about €10k.

So to give an example - a lot of normal cars(focus, leon, octavia) taht are 8 years old are worth in the region of 8K.

Let assume you buy (insert ev here) and after 8 years it is worth 8k. You then have to go out and pay 10k to replace battery or else car is worthless.

This in effect means that these cars will have to depreciate massively to

allow for the battery to be replaced if they are to have a lifespan beyond 8 years.

EV believers will say that battery packs prices will fall but if the experience of the past few years hold true they are more likely to increase.

Buddy Bubs · 22-05-2021 4:04pm

What big selling ev is out 8 years at this stage? Leaf and BMW i3 are the ones I can think of...
How are the batteries looking on them? I've read about leaf degradation a good bit here but not so much about i3

Rrrrrr2 · 22-05-2021 4:27pm

L-M wrote: »

Nissan and Hyundai are stopping diesel this year, Renault have already stopped.

I’m selling cars a long time and I’m a great advocate for diesel and the need for them, but if I was spending money now I would not buy a new diesel car for personal use.

Really? They’re three makes that are fairly big into diesels- especially Renault

L-M · 22-05-2021 7:35pm

Rrrrrr2 wrote: »

Really? They’re three makes that are fairly big into diesels- especially Renault

Yeah, apparently that famous 1.5 diesel that they all used for years was fairly poisonous.

@the above posters, my better half has a 1.0 Golf and she is averaging 45mpg, easily gets 50MPG plus on a long run. Mighty little engine.

Gael23 · 22-05-2021 7:42pm

In the new Seat Leon what engine would you go for?

Flinty997 · 22-05-2021 7:43pm

Buddy Bubs wrote: »

What big selling ev is out 8 years at this stage? Leaf and BMW i3 are the ones I can think of...
How are the batteries looking on them? I've read about leaf degradation a good bit here but not so much about i3

Here's one...

https://www.google.com/amp/s/insideevs.com/features/387950/renault-zoe-covered-300000-km/amp/

Rrrrrr2 · 22-05-2021 8:06pm

L-M wrote: »

Yeah, apparently that famous 1.5 diesel that they all used for years was fairly poisonous.

@the above posters, my better half has a 1.0 Golf and she is averaging 45mpg, easily gets 50MPG plus on a long run. Mighty little engine.

It’s been around donkeys years so probably too hard to get it through the next emissions legislation and probably not worth the investment? Though I assume diesel is still massive on the continent and France in particular?

photosmart · 22-05-2021 8:16pm

Cars are/will no longer be made in response to consumer demand or basic economics / technological logic.

- essentially we're moved into a scenario where government decide what cars are made and they've decided to essentially outlaw ICE cars and to mandate EV's despite the facts and technological shortcomings around them.

Should be an interesting next few years when ignorance of reality results in
the consequences of ignoring reality.

22-05-2021 8:53pm

It's hardly a new thing, cars have been made within mandated parameters for many decades at this stage.

How did PCP work out in the end?

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