JLR scheme, which starts from £910 a month, is aimed at high-mileage drivers

Jaguar Land Rover has launched its first subscription service for UK drivers, with 12 months of access to JLR cars starting at £910 per month. 

This base rate gives the subscriber access to a standard-spec Jaguar E-Pace. There are higher tiers in the scheme, with the full Jaguar and Land Rover ranges available for subscription. For example, users can pay £2200 a month for a Range Rover Sport HSE. Users are given one car for the 12 month contract, and cannot switch to a different car part-way through.

The scheme, called Carpe, is available without a deposit. The monthly fee covers vehicle rent, servicing, maintenance, insurance, roadside assistance in case of a breakdown and delivery.

High-mileage drivers are the main target of JLR’s new service, which follows similar ones from Porsche, Volvo and BMW. There is no mileage limit on the scheme, but users will be offered a new car if their mileage exceeds a certain, undisclosed figure. The replacement car will be "equivalent or better" than the subscriber's original car, a Jaguar Land Rover spokesman said. 

Sebastian Peck, managing director of JLR’s InMotion mobility service arm, said: "We know there is appetite for unlimited motoring packages and demand is growing rapidly for subscription services that better meet individual needs. For people who love driving premium vehicles but are tired of inflexible contracts, a subscription to Carpe is the solution."

Carpe is only in its infancy, but it will expand following feedback from early customers. 

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29

14 June 2018

How much??????!!!!!????!!!!!

14 June 2018

You need more exclamation marks, the figures above don't include VAT, so that E-Pace is actually £1092/month.

Not exactly a 'subscription service' either, it's basically a 12 month lease.

15 June 2018

People forget how much cars cost in real terms, and often see only the monthly payment for those leasing on those 'good value' finance deals.To give you some idea, I've just specced a BMW X3 3.0 M Sport with metallic and comfort pack.  With a £20,000 deposit and finance over 24 months (£366.62pm) that equates to £1,235 per month.  So you can imagine how much that would cost over just 1 year - per month.  

Increasingly, people just look at that £366.  Its deals like this new JLR offering that will, hopefully, act as a wake up call of the true cost of leasing cars for the many who drive a car worth more than their salary.

15 June 2018
Kamelo wrote:

People forget how much cars cost in real terms, and often see only the monthly payment for those leasing on those 'good value' finance deals.To give you some idea, I've just specced a BMW X3 3.0 M Sport with metallic and comfort pack.  With a £20,000 deposit and finance over 24 months (£366.62pm) that equates to £1,235 per month.  So you can imagine how much that would cost over just 1 year - per month.  

Increasingly, people just look at that £366.  Its deals like this new JLR offering that will, hopefully, act as a wake up call of the true cost of leasing cars for the many who drive a car worth more than their salary.

 

While I see the point you are trying to make, what on earth are you doing even thinking about sinking £20k into a car finance deal?

 

And the term 'deposit' is so misleading; you never see it again!

15 June 2018

And what difference does that make, Matty? Lets use £10K deposit instead for a 3.0 M Sport with comfort and premium packs and the upgraded nav.That is £880.42 per month over 24 months PLUS the £10K, equating to a real average of £1,306 per month.  And dont forget, thats without service, insurance, road tax for the second year incorporated into the deal.Im not sure what benefit you feel a lesser deposit actually brings?So as I said, I hope this is a wake up call to those who merely look at the 

15 June 2018

 

Matty_Hall wrote:

 

While I see the point you are trying to make, what on earth are you doing even thinking about sinking £20k into a car finance deal?

 

 

And what difference does that make, Matty?

Let’s use £10K deposit instead for a 3.0 M Sport with comfort and premium packs and the upgraded nav.

That is £880.42 per month over 24 months PLUS the £10K, equating to a real average of £1,306 per month.  And don’t forget, that’s without service, insurance, road tax for the second year incorporated into the deal.

I’m not sure what benefit you feel a lesser deposit actually brings?

So as I said, I hope this is a wake-up call to those who merely look at the monthly payment after rather large deposits.

15 June 2018
Kamelo wrote:

 

Matty_Hall wrote:

 

While I see the point you are trying to make, what on earth are you doing even thinking about sinking £20k into a car finance deal?

 

 

And what difference does that make, Matty?

Let’s use £10K deposit instead for a 3.0 M Sport with comfort and premium packs and the upgraded nav.

That is £880.42 per month over 24 months PLUS the £10K, equating to a real average of £1,306 per month.  And don’t forget, that’s without service, insurance, road tax for the second year incorporated into the deal.

I’m not sure what benefit you feel a lesser deposit actually brings?

So as I said, I hope this is a wake-up call to those who merely look at the monthly payment after rather large deposits.

I think the question here is are you genuinely ploughing a £20k deposit into this or was this just a pricing exercise online with no intention to purchase? If it's the former (and I'll ignore the fact you think an X3 is the best car to put all this money into) then you are not right in the head! No one puts down a £20k deposit to keep their monthly payments down! If you have £20k burning a hole in your pocket then why not buy a 2-3 year old car outright and then no finance required at all?! I hope you were just playing about online for fun!.....

16 June 2018

 

AddyT wrote:

No one puts down a £20k deposit to keep their monthly payments down!

Perhaps an idea to do your homepage before making such as sweeping, naïve comment such as that.  As one who works for a bank, I can assure you they do.

Of course, this was just an example, though, chosen to highlight to those alarmed at JLRs monthly cost, just how much cars that retail at £40K - £55K cost in real terms (as monthly payments).  

Thousands of cars are bought every single day, with the monthly payment being a key motivator.

30 years ago (+), car finance was used predominantly by families who didn’t have sufficient assets to buy a car.  Fiesta’s, Renault 5, Nova’s, whatever…  People who were unable to buy a £5K or £6K car would lease their car and, generally, it was a reasonably cost-effective way to get a small car.

Gradually over the last 30 years or so, people who HAVE the money to buy a car outright are using bigger and bigger deposits to get ‘access’ to increasingly bigger cars.  To the point now that millions drive cars worth more than their salary.  People have that £20K to buy a Golf outright, don’t want a Golf.   What happens?  The £20K gets used as a down payment for a much bigger car.  And so it goes on and on as each lease ends and new one begins.

These JLR examples highlight just how much those cars cost.  And look at the reaction from people.  ‘How much?’.  Yes, everyone.  THAT’S HOW MUCH!   My example shows that those figures are typical, NOT THE EXCEPTION.  And leasers with huge debts (the total amount payable on those schemes is the debt to your name) are getting younger and younger all the time.

I’m going to end with some advice though… Millions have their priorities wrong – literally millions.  Rather than spending £500 - £600 per month on cars, people should be investing in their pensions.  Too many think that £100 or £200 a month is going to be sufficient to fund 40 years retirement.  It really isn’t.  And while you can never guarantee 40 years retirement, 20 year olds today have a good chance of living to over 100.  In reality though, a shiny big car suggests wealth, but it is scary to see so many leasing cars with a higher retail value than their annual salary. 

17 June 2018
Kamelo wrote:

30 years ago (+), car finance was used predominantly by families who didn’t have sufficient assets to buy a car.  Fiesta’s, Renault 5, Nova’s, whatever…  People who were unable to buy a £5K or £6K car would lease their car and, generally, it was a reasonably cost-effective way to get a small car.

 

No one, absolutely nobody, leased cars 30 (+) years ago, the idea of leasing a car had not even entered peoples minds.   It was HP or a bank loan if you couldnt afford it outright.  

14 June 2018
oop north wrote:

How much??????!!!!!????!!!!!

 

Damn, beat me to it...

Citroëniste.

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