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Car Leasing vs Owning UK - Save THOUSANDS Leasing vs a PCP In this video we look at the benefits of car leasing vs owning a depreciating asset like a car. We look at car leasing vs PCP and how similar they are in some ways. Leasing a car is similar to hiring a car but for a much longer period of time - 2 3 and 4 car leases years are the most common. Lease cars are brand new however you do not own the car and you will not receive a V5 you will however be the registered keeper. 00:00 Intro basics 04:50 Leasing vs owning 13:27 Example of PCP 16:38 Example of Lease Agreement 19:14 Finding deals Ive leased cars privately for several years now and find it a great way to drive around in a brand new car for a very reasonable price with a simple exit at the end. Leasing has always given me lower deposits no road tax lower monthly costs and no dreaded balloon payments! Just remember that the car needs to go back in good condition and needs to be serviced in accordance with the manufacturer requirements. We look at an example deal on an Audi A3 and how over 3 years youre over 5k better off on the lease deal than with a PCP - and its a more expensive car! I hope you find this video useful please give us a thumbs up if you do and please leave comments below. Not everyone shares my opinion on car leasing so would love to hear some good arguments against it. Please like and subscribe ----------- Follow me on Twitter notaguru3 Buy me a Coffee at : - Get your Definitely Not a Guru channel Merchandise at : - ----------- Links to my youtube gear Camera:- Sony ZV1 Lighting:- Elgato Key Light Philps Hue Light Bar Memory Card:- SanDisk Extreme PRO 128 GB SDXC ,
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