We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Personal Lease, PCP, buy outright?

2»

Comments

  • loskie
    loskie Posts: 1,761 Forumite
    Part of the Furniture 1,000 Posts
    For two years lease would be my thoughts. I am sure the leasing co would be more than happy to sell you the car at the end of the term too rather than the hassle of putting it into auction. Although no compulsion unlike PCP where I think you are continually paying interest on the balloon payment.

    look after it and have a look at the BVRLA guidelines on what is deemed fair wear and tear.
  • albionrovers
    albionrovers Posts: 2,028 Forumite
    Fair wear and tear is partly sales/commission-based patter anyway. I handed back a Honda with a bill split into 5 parts, totalling about £400. I dismissed 4 of them, paid 1 and they said "Oh, Ok then".

    Wish I'd challenged the 5th one lol. Paid it for karma reasons.
  • My new lease is a 30K car. 3+23. 10K mileage. £229/month inc VAT. I have no idea how they are making any money on this one? Anyone?

    What is it & where from?
    I'm thinking of taking out a lease for the first time looking to spend around £180-£250pm do you have any advice?
  • albionrovers
    albionrovers Posts: 2,028 Forumite
    BMW 125D MSport. Give it a google, there are (or was?) a good few deals out there.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.