HomePortalFAQSearchRegisterLog in

Share | 
 

 New 3008

Go down 
AuthorMessage
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: New 3008   Wed Apr 23, 2014 11:33 am

Hi all,

baby on the way so getting a 2nd 'cat' for the family duties and something easier for the lady of the house to handle. current ride is a British 'cat'.

Peugeot 3008 1.6 TD crossover. split tailgate, large boot, relative smaller footprint/size for parking etc.

Leasing it for 5yrs as the family bus. decided against buying as i really want it to be a hassle free arrangement for the wife to use.

so if any issue its the leasing company's headache and they will provide replacement when the leased car needs to be serviced, maintained, etc etc.
fully covered comprehensive insurance, road tax, wear and tear tyre, brakes etc etc.
Back to top Go down
extr3mus
Junior Member
Junior Member
avatar

Posts : 462
Join date : 2012-08-15
Age : 29

PostSubject: Re: New 3008   Wed Apr 23, 2014 11:58 am

sounds good to lease a car now. haha.
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Wed Apr 23, 2014 1:39 pm

That is one of the ways to get around the high downpayment but the monthly lease amount would likely double the running cost as the leasing company have to make some money .
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Wed Apr 23, 2014 2:03 pm

high downpayment was not the big hurdle.. was more concern about running cost beyond 3rd yr warranty and the hassle of offloading the vehicle after 5yrs.

we all like to think our rides are worth 50% after 5yrs but the truth hurts.
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Wed Apr 23, 2014 5:16 pm

It all depends on the monthly lease amount. If it is $3K then per year is $36K, hence 5 years you would have paid $180K and the car is still theirs.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Thu Apr 24, 2014 3:21 am

All in i am paying approx 70% of the car price + running costs over 5yrs.
a slight premium for the less headache of maintaining it and worst part of trying to sell it after 5yrs.

definitely way below 3k.. unfortunately...in house leasing arm by Sime Darby is not great.. i used an external leasing company.
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Thu Apr 24, 2014 4:09 am

Well I reckon the 5th year selling price will be no less than $50K because COE is now $70K plus, so scrap value of remaining COE, ARF a little plus car body , $50K should be min.

If if you buy car today at say $130K, you lose $80K divided by 60 months = $1333/month
While road tax and insurance is about $200 a month, so total say $1600 a month with no fear of 5th year throw car away to scrap yard mindset
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Thu Apr 24, 2014 9:03 am

Close. Also let's not forget the wear and tear items for 5yrs like brake pads, tyre, wipers etc. also add in the factor for final 2yrs after warranty the leasing company will still cover me still for inspections and servicing.

Also good is the comprehensive insurance where car is all handled by AF and only original parts. Not our regular market rate ones.

Did some quickie addition and the monthly came to just below 1.8k a month.

I am getting at 2k per month. after considering car loan interest contra etc.

So yes the figures do indicate a margin of profit by the leasing firm for sure.
Back to top Go down
Stryker
New Member
New Member


Posts : 45
Join date : 2012-04-11
Age : 39

PostSubject: Re: New 3008   Fri Apr 25, 2014 2:29 am

kennethtancy wrote:
Close. Also let's not forget the wear and tear items for 5yrs like brake pads, tyre, wipers etc. also add in the factor for final 2yrs after warranty the leasing company will still cover me still for inspections and servicing.

Also good is the comprehensive insurance where car is all handled by AF and only original parts. Not our regular market rate ones.

Did some quickie addition and the monthly came to just below 1.8k a month.

I am getting at 2k per month. after considering car loan interest contra etc.

So yes the figures do indicate a margin of profit by the leasing firm for sure.

would like to find out more about your package with AF- mind if i pm you? at 2K im guessing it includes a courtesy car even when your car is sent for servicing,
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 3:53 am

yes it does... just pm me
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Fri Apr 25, 2014 4:13 am

2K a month is certainly worth leasing but any upfront payment or other clauses???

Because at $2K a month, the margins are low and Sime Darby group are known to be having big appetite.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 6:12 am

Up front 3 months refundable deposit plus 1st payment.
Back to top Go down
Stryker
New Member
New Member


Posts : 45
Join date : 2012-04-11
Age : 39

PostSubject: Re: New 3008   Fri Apr 25, 2014 6:31 am

Blue850r wrote:
2K a month is certainly worth leasing but any upfront payment or other clauses???

Because at $2K a month, the margins are low and Sime Darby group are known to be having big appetite.

Not necessarily, 2K a month could provide them with a fairly substantial margin.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 9:51 am

for my guesstimate.. easily a 10-15% margin.. top end 20-25%margin for leasing firm.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 10:14 am

OUR LEASE PACKAGE INCLUDES THE FOLLOWING SERVICE :-

- Annual road tax
- Regular maintenance services in accordance to manufacturer's schedule
- Annual comprehensive insurance coverage
- Personal Accident Insurance (PAI) covers up to S$50,000.00
- 24-hour Customer Care Centre
- Roadside service for Singapore
- Tyres and battery replacement for fair wear and tear
- Replacement vehicle for repair and scheduled maintenance service
- On location vehicle pick-up and exchange service for all servicing, repair and accident requirement
- Loss / Damage Liability Reduction Cover
- Unlimited Mileage
(LDC)
- Malaysia Usage

for MY accident support.. its under the insurance annex for coverage.
for MY breakdown similar support as SG like tow etc etc... except in MY replacement car not assured due obvious logistical barriers.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 10:18 am

not nice to mention in open forum but its the leasing arm of one of the big 3 German auto makers.

so replacement car assured to be a decent conti equivalent.

pls do excuse me for breaking up the posts... trying to reach quota so i can start sending pm.
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Fri Apr 25, 2014 1:56 pm

2K with unlimited mileage is surely a good deal, provided that the real mileage driven is worth the while.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Fri Apr 25, 2014 3:39 pm

i am malaysian so we do plan to drive up to my hometown with the baby.
Back to top Go down
Blue850r
Moderator
Moderator
avatar

Posts : 3228
Join date : 2012-02-07
Age : 55

PostSubject: Re: New 3008   Sun May 04, 2014 4:59 am

Heard from a friend this morning at Alfa Romeo Giulietta 1.4L 170bhp DSG is also leasing for $1599 on a 5 year lease, unlimited mileage. Seems a worth while to lease at these prices.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Tue May 06, 2014 10:28 am

well it will be good for awhile... hope the govt dun change the rules and try to balance economic equality thru car ownership.
Back to top Go down
ARK7882
New Member
New Member


Posts : 1
Join date : 2014-11-03
Age : 39

PostSubject: Re: New 3008   Mon Nov 24, 2014 2:57 pm

Hi all,

I just got my 3008 on 20th Nov. Nice drive and I feel safer with this car.

BTW, does any of you have the nice "ding dong" sound when you drive? I just cannot figure out where this sound comes from and what does it mean... it comes once in awhile. Asked agent he also doesnt know.

Did you agent give you free DABONDA Blackbox Camera? Wanna configure it but don't know how. The manual is useless and website is in korean language.

: )
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Mon Nov 24, 2014 3:33 pm

seatbelt warnings? its on for rear seats too if rear seat occupants do not belt up.
Back to top Go down
kennethtancy
New Member
New Member


Posts : 33
Join date : 2014-04-22
Age : 46

PostSubject: Re: New 3008   Mon Nov 24, 2014 3:43 pm

btw i was just at wisma atria this afternoon for lunch, saw a new SKP plate grey 3008.
Back to top Go down
chetfui
New Member
New Member


Posts : 107
Join date : 2013-05-16
Age : 45

PostSubject: Re: New 3008   Mon Nov 24, 2014 5:02 pm

ARK7882 wrote:
Hi all,

I just got my 3008 on 20th Nov. Nice drive and I feel safer with this car.

BTW, does any of you have the nice "ding dong" sound when you drive? I just cannot figure out where this sound comes from and what does it mean... it comes once in awhile. Asked agent he also doesnt know.

Did you agent give you free DABONDA Blackbox Camera? Wanna configure it but don't know how. The manual is useless and website is in korean language.

: )

For the camera, go google. You should be able to download the official english firmware.
Not sure if this is the brand
[You must be registered and logged in to see this link.]

Congrats on your new ride!
Back to top Go down
quantumcty
New Member
New Member


Posts : 9
Join date : 2014-10-18
Age : 45

PostSubject: Re: New 3008   Tue Feb 03, 2015 11:39 am

The ding dong is coming out from the Dabonda video cam and you will notice it when your car come across some hump and the jerk will trigger it.
Back to top Go down
Sponsored content




PostSubject: Re: New 3008   

Back to top Go down
 
New 3008
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
SG Peugeot Club :: Community :: Newbies Introduction-
Jump to: