Car Leasing vs Owning UK - Save THOUSANDS Leasing vs a PCP

Car Leasing vs Owning UK - Save THOUSANDS Leasing vs a PCP

In this video, we look at the benefits of car leasing vs owning a depreciating asset like a car. We look at car leasing vs PCP and how similar they are in some ways.

Leasing a car is similar to hiring a car, but for a much longer period of time - 2, 3 and 4 car leases years are the most common. Lease cars are brand new, however, you do not own the car and you will not receive a V5 you will, however, be the registered keeper.

00:00 Intro & basics
04:50 Leasing vs owning
13:27 Example of PCP
16:38 Example of Lease Agreement
19:14 Finding deals

I've leased cars privately for several years now and find it a great way to drive around in a brand new car for a very reasonable price with a simple exit at the end. Leasing has always given me lower deposits, no road tax, lower monthly costs, and no dreaded balloon payments! Just remember that the car needs to go back in good condition, and needs to be serviced in accordance with the manufacturer requirements.

We look at an example deal on an Audi A3 and how over 3 years you're over £5k better off on the lease deal than with a PCP - and it's a more expensive car!

https://www.cars2buy.co.uk/personal-car-leasing/
https://leasing.com/
https://www.nationwidevehiclecontracts.co.uk/
https://leaselo.co/notaguru-jan-lease-deals

I hope you find this video useful, please give us a thumbs up if you do and please leave comments below. Not everyone shares my opinion on car leasing so would love to hear some good arguments against it.

Please like and subscribe ;)

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