Car Leasing or PCP

It can occasionally cost less to lease than buy. It's very occasional and it's usually excess stock that needs moved on. If you have a certain car and want all the options then it'll rarely work out better.

If a car was genuinely worth £45k new and £22k after 3 years, but only cost £15k in payments, who is paying for this missing £8k?

A lot of people assume that it's only the cheap brands that offer large discounts off cars. It's possible to get 20-25% off all the common German cars.

There has never been a need to pay a huge first payment on a PCP. Lots of people pay the equivalent of one month.

 

Of course there’s not but that means higher monthly payment, what I was meaning is that you can go for a good lease deal (easier to get) and then compare that to what you can get on PCP with a similar deposit and payments, majority of the time you wont get near the same on a PCP deal, unless you aren’t bothered about what kind of car and have time to haggle with salesman.

 

And also I don’t know anyone that has paid equivalent to 1 months payment for a PCP deposit on a new car. Used car yes but not a new one.

 

If you aren't getting near the lease prices then your dealer isn't giving you a good deal.

It's very common on brand new cars.

That's what they advertise on TV and it's the same on the dealer's websites. There is even offers of no initial payment or no payments for the first three months. That's what gets attention and sells cars.