Used car leasing

Fender1963

My car is coming to the end of it's life and I don't really want to pour a lot of money into buying something decent at the moment so I wondered if any companies exist that lease or contract hire 2 or 3 year old cars over say a one year contract period.

I also don't want to sign up to a 3 year contract for a new car because sometime in the next couple of years I may be in a position to buy again.

I do about 400 miles a week commuting so need something fairly reliable.

chieffy72

In my experience a short term PCP might be a better option. If there's any equity at the end of the PCP there's a deposit towards your next car,if you lease you hand the car back with nothing to show for it. A 2/3 year PCP on a Fiesta/Focus will almost guarantee you some equity at the end but all depends on how much you want to pay,what mileage you're going to do etc.