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THE REAL COST OF BUYING A CAR - Leasing Vs PCP Vs Hire Purchase Vs Cash
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Confused when buying a new car? Can't decide between lease vs finance vs PCP vs using Cash outright? In this video we are covering it with a general example of which becomes the most expensive option for you. This is for educational purposes only and not financial advice.
Timestamps⏱
Intro - 00:00
Paying in cash 01:10
Non-secured Loan 03:42
Hire Purchase 05:27
PCP Deals 06:29
Leasing 10:53
Worked Example 12:32
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WHO AM I:
I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Together we paid off £24k+ of consumer debt in 2016, built a 6-figure side hustle in 2 years and aiming to be mortgage free and financially free in 2021.
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PS: All thoughts, reviews and suggestions my own. All information is given for educational purpose and not financial advice.
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