MK3 SEAT Leon CUPRA's owner's register

[KGoogle]

Think I may have seen yours earlier when I nipped over to confirm my pickup time. Still had some of the wrapping on it. Reg ending WO....

Mine was in the queue to be prepped for tomorrow reg ending WK if you see it...

Any desire red 5 doors kicking about over there ?

 

[Signor Whippy]

Any desire red 5 doors kicking about over there ?

I will have a nosey tomorrow. Has it been delivered?

 

[KGoogle]

I will have a nosey tomorrow. Has it been delivered?

Not sure yet but docked on Friday so hope sometime this week

 

[Signor Whippy]

Not sure yet but docked on Friday so hope sometime this week

Will keep an eye out for it

 

[Chrispee]

Ordered exactly the same! How does it look in the silver? I never got to see one before ordering

Naturally it was chucking it down when I collected it, but i've already been very very impressed by it. Any general tips for a first time Cupra owner would be very well received!

 

[Xile]

Yesterday I received the documents to sign and return to VW Finance, they have said the reg number has been allocated, but they haven't mentioned the delivery date, does anyone know what kind of delivery time I am looking at once I have returned the signed docs?

 

[Cupra_Jay_300]

A few people had mentioned acquiring gap insurance cover for their leases. I had looked into this but my policy will be with Esure and the t&c's states the following:

New car replacement: We will replace your car with a new one if your car is less than one year old at the date
of damage and you or your partner are the first and only registered keeper and if the cost of damage is more than 55% of the manufacturers latest UK list price.

As far as I am concerned this means I do not require gap insurance?

 

[Signor Whippy]

Yesterday I received the documents to sign and return to VW Finance, they have said the reg number has been allocated, but they haven't mentioned the delivery date, does anyone know what kind of delivery time I am looking at once I have returned the signed docs?

I signed the docs last Friday and I'm collecting today. Just depends on how busy the dealer is I suppose.

 

[Signor Whippy]

A few people had mentioned acquiring gap insurance cover for their leases. I had looked into this but my policy will be with Esure and the t&c's states the following:

New car replacement: We will replace your car with a new one if your car is less than one year old at the date
of damage and you or your partner are the first and only registered keeper and if the cost of damage is more than 55% of the manufacturers latest UK list price.

As far as I am concerned this means I do not require gap insurance?

Looks like you will be covered for the 1st year as long as it's a write off.

 

[Cupra_Jay_300]

Looks like you will be covered for the 1st year as long as it's a write off.

That's what I thought which is all I need. Be a different story if I had financed the car and was looking at a big shortfall on what I had borrowed to what the payout would be in the event of a total loss. The second year isn't a worry as it would be like for like. Will put that £85 towards fuel for the Cupra then. 2 days!!!

 

[JimH]

That's what I thought which is all I need. Be a different story if I had financed the car and was looking at a big shortfall on what I had borrowed to what the payout would be in the event of a total loss. The second year isn't a worry as it would be like for like. Will put that £85 towards fuel for the Cupra then. 2 days!!!

At any point in a PCH/Lease it's any difference between what the insurance company pays out and the outstanding lease settlement amount (without the car being handed back if a write off) that's the issue. This could, potentially, be greater in second and subsequent years although probably not so much of a problem in the first year. The finance companie's value of the car could differ from the insurance companie's. Hence the gap....

Also, the initial "deposit" isn't covered by standard insurance and if you need to start a new lease then you'll have to find this again too (if significant - depends on the individual lease) - and that's even an at cost add on on most GAP policies...

 

[Cupra_Jay_300]

At any point in a PCH/Lease it's any difference between what the insurance company pays out and the outstanding lease settlement amount (without the car being handed back if a write off) that's the issue. This could, potentially, be greater in second and subsequent years although probably not so much of a problem in the first year. The finance companie's value of the car could differ from the insurance companie's. Hence the gap....

Also, the initial "deposit" isn't covered by standard insurance and if you need to start a new lease then you'll have to find this again too (if significant - depends on the individual lease) - and that's even an at cost add on on most GAP policies...

Thanks Jim

This doesn't worry me tbh due to the fact the deposit is only £259, plus in the first year the car would be swapped for a brand new 'like for like' and in the event it was a total loss in the second year the insurance would still pay out for a 'like for like' replacement which would continue until the lease term ends. I wouldn't look to end the lease early in the event of an issue/claim.

 

[Jib]

Any general tips for a first time Cupra owner would be very well received!

Just enjoy it. Thats the main thing.

Also, enjoy the fuel stops

 

[TallTom]

R.e gap insurance i disagree with the above. As you wont be the owner or registered keeper (under a PCH) you would not be covered by those terms.

 

[Cupra_Jay_300]

R.e gap insurance i disagree with the above. As you wont be the owner or registered keeper (under a PCH) you would not be covered by those terms.

This is keeper would be myself yes but it also stipulates in another paragraph that it will also factor anyone/company that also has an interest in the insured vehicle. If this didn't apply it would be worthless applying it as so many people lease/pcp/finance their cars these days.

 

[TallTom]

Interesting - worth confirming with the insurer!

 

[Cupra_Jay_300]

Interesting - worth confirming with the insurer!

All confirmed so will leave the gap insurance

Chrispee that ST Cupra looks awesome! Is that urban silver?

 

[pavarotti1980]

R.e gap insurance i disagree with the above. As you wont be the owner or registered keeper (under a PCH) you would not be covered by those terms.

Surely it would only cover someone who buys the car outright as effectively you wouldnt own the car with outstanding finance on it

 

[PEBCAK]

Surely it would only cover someone who buys the car outright as effectively you wouldnt own the car with outstanding finance on it

From experience with my axa policy they covered me when I binned a leased 335d. I was the registered keeper but not the owner.

 

[Chrispee]

All confirmed so will leave the gap insurance

Chrispee that ST Cupra looks awesome! Is that urban silver?

Correct, even nicer when the sun is out!