As regular readers will know, I have a really bad habit of reading the small print. (I say ‘really bad’ although it’s not – anyone who doesn’t deserves everything they get. It’s just ‘really bad’ from the advertiser’s perspective) There’s two ads doing the rounds at the moment that annoy me, so you know what? You get two posts out of it. Lucky you.
The first (which arrived in my inbox just now, and motivated me to write it) was for a leasing arrangement on a new car – a Nissan Leaf, if anyone cares.
The deal offered is this :
The 100% electric New Nissan LEAF Visia Flex FROM ONLY £199 A MONTH*
WITH A £3,250 ADVANCE RENTAL CONTRIBUTION
OK, so they mention that “Advance Rental Contribution” (which is a deposit, surely?) right at the start, and already it’s skewing the figures. But then we get to the bottom, and the small print…
Finance is available subject to status on eligible new vehicles registered between 01/04/14 and 30/06/14 in the UK to persons aged 18 or over. Rental stated is for Nissan lease. Advance rental of £5,750 (includes £3,250 Advance Rental Contribution) followed by 48 monthly rentals of £199 a month and final rental of £6,201.
Hang on – £5,750 upfront? That’s another £2,500, on top of the “Advance Rental Contribution” – where has it come from, and what’s it for? Even if you take out the first month’s £199, that’s still £2,300 unexplained. Fucking hell.
All told – with all those amounts listed, that comes to £21,503. For a poxy Nissan Leaf.
But then it gets better… (Sorry, “better”)
Once you have paid the final rental you can keep using the car by paying an annual rental of £50 + VAT; if you choose Nissan lease then you will never own the car.
As well as entering in to a lease agreement for the vehicle, you will need to enter in to a separate lease agreement for the battery. Monthly price shown includes the on-going monthly battery lease charge of £70.
Now they’re just taking the piss, surely ? So even when you’ve stumped up your £21,503 – sorry, £21,563 including that little final ‘annual rental’ charge, then you will *still* be paying £70 a month for the fucking batteries?
Up yours, Nissan.