The borrowing rates a PCH company is also better than you would get via unsecured lending as well. The leasing company leverages the equity in the cars themselves.
They also buy the cars for less than you can in the first place.
It depends on the value. At sub £20k there are 3.3% APR unsecured loans available that is lower than most PCH deals which seem to range from around 4% up to 11%. Audi for example were primarily doing 10.9% when I last enquired.
There isn't any APR for a PCH.
PCH = Lease.
Where?VW Golf 2.0 TSI GTI 5dr (NAV) 2017 MY
NO DEPOSIT - £228.89 INC VAT PCM - 2 years and 5k miles
or DSG AUTO - £240.17 INC VAT PCM - 2 years and 5k miles
Order at todays price, delivery 14-16 wk
OR
2 years and 10k miles - £271. manual 282.50 DSG
You've missed the GTI deals.
I managed to get one for the other half at £2400 and 23 x £141. 10k miles.
At start of last week they were going for £2400 and 23 x £95.![]()
Provisional build date of 16th Jan 2017![]()
French cars depreciate a lot, so leases on them tend to be bad value.
[TW]Fox;30172680 said:On the contrary some of the Cactus deals have been astonishingly good. As in just over 2k all in for 18 months.
Looking for a lease deal for the wife. She's not really fussed on the car as long as it's medium hatchback size and has nav. Reasonable manufacturer so nothing French or Italian. And barely pushing 8k a year.
There's so many lease companies now where can I find a decent deal?
