Leasing vs finance

[TW]Fox said:
It's a fair point though - with a lease you get the same protection a PCP offers from higher than anticipated depreciation but unlike a PCP lower than anticipated depreciation benefits only the lease company and not you.

It's really rare personal leasing makes sense outside of special offers of the sort that are far less common these days.
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It is a consideration but only if you have a reasonable gain that also offsets the lease benefits (maintenance, tax, consumables other than fuel). Not many PCPs will do that well, unless you over estimate your mileage and you've been paying "too much".
 
dLockers said:
lease benefits (maintenance, tax, consumables other than fuel). Not many PCPs will do that well
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Most personal leases are not maintained and therefore include nothing more than a PCP would in this regard except vehicle excise duty.

To be honest though what credible consumable expenditure would you anticipate on a brand new Micra? It's unlikely to need anything other than a single service. Unlikely to need tyres in that time.

Many of the benefits people say of leasing are really just benefits of having a brand new car. Leasing is just one way of funding this.
 
Not to hijack but thinking of doing something similar for my partner. She needs a better vehicle for daily use etc.

Thinking either a bank loan or a PCP.

Don't desperately want 2 car finances underway (I have one for myself, PCP) but it's our only really option. Should be ok affordability wise etc. But she likes cars that I feel just aren't worth such a commitment Renault Captur for example
 
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