In the UK, there’s around about 30 million cars on the road. That’s roughly one car for every two people. And there’s three main ways motorists pay for them: hire purchase (HP), contract hire (leasing) and personal contract purchase (PCP). Here's a super quick overview of all three.
Most people think car leasing is pretty complicated and I get why they think that. It’s full of buzzwords and jargon like Guaranteed Minimum Future Value, Guaranteed Asset Protection and P11D values, which no one really understands.
Well, that’s all about to change! In this blog, we’ll teach you everything you need to know to get you on the roads!
Let’s get started.
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