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Private Car Leasing

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Was considering trading the wife's car in and buying a new one, however I am starting to give some thought to a personal contract plan (PCP). Any of you guys any experience, advice or recommendations on these types of schemes?

Comments

  • Thanks Claudia. Still trying to understand the pro's and con's.
  • Claudie
    Claudie Posts: 1,316 Forumite
    Part of the Furniture Combo Breaker
    No problem - I would guess the main benefit is low monthly cost for running a new car plus being able to replace your car every three years for a new one............main downside is you never own the car. My friend is a single Mum who just can't afford new and likes it that she can just hand it back after the lease and start all over again.


    http://www.lexfreechoice.co.uk/ explains it pretty well - also - https://www.cvl-online.co.uk has a Finance link that is pretty clear . I am thinking it may be the way for me come Sept as I have just handed back a company car and don't really want to buy new. https://www.jamjar.com was the other site I had a look at.

    Happy shopping!
    The smallest deed is greater than the grandest intention ~ Anonymous
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