In a world the place automotive possession has taken a leasing-centric flip, it is time to face the truth: we’re all leasing automobiles, whether or not we admit it or not. Very few individuals on Personal Contract Purchase (PCP) agreements truly find yourself retaining their automobiles, basically making it a leasing association. So, on this inform all video, we delve into the realm of automotive finance choices that will help you make the most effective resolution in your subsequent automotive.
Join us in Leasing.com’s inaugural School of Motoring episode, the place Howard Ritchie sheds mild on the varied methods to finance your subsequent automotive. Cash, PCP, Hire Purchase (HP), or Lease – every choice is examined with transparency and perception. Ever puzzled what a balloon cost is and who truly pays it? Contemplating the knowledge of shopping for a model-new automotive outright with money? Curious in regards to the execs and cons of a private mortgage? Look no additional.
While we do maintain a tender spot for leasing, we perceive that it will not be everybody’s cup of tea. Rest assured, this video stays unbiased, presenting Howard Ritchie as he stands, armed with solely a whiteboard and a much less-than-spectacular drawing means. He merely lays out the details and clarifies the intricacies of automotive shopping for choices, making certain you are properly-knowledgeable to make the proper alternative.
So do be at liberty to touch upon what you already knew… whether or not you are a leasing fanatic or exploring various routes, Howard Ritchie’s School of Motoring is right here to information you thru the maze of automotive finance potentialities. Let the data unfold and the whiteboard grasp enlighten you, one drawing at a time.
Key moments:
00:00 – Introduction
00:30 – How does PCP automotive finance work?
03:30 – How does leasing (PCH) work?
05:18 – Should you ever purchase a brand new automotive with money?
06:52 – How does HP automotive finance work?
07:15 – PCH vs PCP vs HP abstract
Leasing vs PCP with actual world examples:
Five automotive leasing questions answered:
How to decide on your leasing plan:
What credit score rating do it is advisable to lease a automotive?
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