Lease or Purchase

[Wobblydeb]

I think we are settling on the GX3h+ but cannot decide between leasing or buying. Normally I would buy and not pay anyone the profit on leasing.

But.... I am seeing a phenomenal deal from Whitewater Contract Hire & Leasing. 9+23 months at £270 / month for a personal lease. It almost seems too good to be true. Is the depreciation on the PHEV so low that they are willing to give us the car for 2 years for a total cost at a shade over £9k?

 

[lg1726]

I did a 3 year lease (PCP) via my own company for a variety of reasons - yes the tax incentives on corporate tax, but also because this whole EV/PHEV is all relatively new technology and I liked the idea of not having all the risk and having the opportunity to review in three years. During which time, it is to be hoped, there will be even more new developments to consider!