Leasing vs Buying

Avoid the hassle of selling the car when you want a new one

You can modify the car

BRAND-NEW CARS

Choose from a wide range of the latest models featuring state-of-the-art safety features and tech.

MILEAGE RESTRICTIONS

Before we set up your lease, you choose the mileage allowance. This means there are charges to pay if you go over it.

FIXED COSTS

Manage your budgets and control costs more easily with fixed monthly payments. All our contracts include road tax as standard.

YOU DON'T OWN THE CAR

If you're leasing, you can't modify the car. And you obviously won't be able to sell or trade it in to finance your next vehicle.

YOU'RE IN CONTROL

Choose a contract length, initial payment and mileage to suit your needs. You can even include extras like an insured leased vehicle and breakdown cover.

MAINTENANCE COMMITMENT

You're responsible for keeping the car in a good condition throughout the lease, and any damage beyond 'Fair Wear and Tear' will result in a charge.

NO RESELLING HASSLE

No exposure to the unpredictable used-vehicle market - simply return the car to us at the end of the lease.

CREDIT REQUIREMENTS

You need to pass a credit check to lease a car, in much the same way as if you were securing finance to buy one. This is to make sure you'll be able to manage the monthly payments.

LOWER PRICES

Leasing payments tend to be lower per month than if you were to purchase the vehicle using finance.

FIXED CONTRACT

If you change your mind and return the vehicle before the end of the agreement, there's usually an early termination fee.

YOU OWN THE CAR

Fancy a respray? Or racing stripes? You're free to make improvements and modifications without incurring penalties (just make sure you inform the DVLA and your insurer).

BUDGETING CHALLENGE

Controlling costs associated with car ownership can be a challenge - road tax, fluctuating insurance, MOT, breakdown cover, unexpected repairs.

NO MILEAGE RESTRICTIONS

If you suddenly get the urge to drive from Land's End to John O'Groats, you can. There's no mileage cap on your own vehicle.

HIGHER PAYMENTS

If you need to borrow, you're likely to be paying interest on a loan. And monthly instalments on a car loan are typically higher than leasing payments.

TOTAL FREEDOM

You choose where, when and how you drive, and you're not restricted by 'Fair Wear and Tear' policies.

DEPRECIATION

Cars quickly lose value and become more expensive to run and repair the longer you have them. If you own it, you bear this cost.

YOU'RE IN CONTROL

As you own the car, you can sell it at any point. Run it into the ground, part-exchange it for another car, or give it away - it's up to you.

SPEC AND TECH

The longer you own a car, the more dated the technology and safety features become. Newer engines also tend to be more efficient.

LOWER COST OVERALL

If you've saved up for the purchase and don't need finance, then buying a car will be cheaper in the long run. And no need for an initial payment.

RESALE HASSLE

When you own a car, there's likely to be a point when you need to sell it. This takes time and effort, and can be risky and stressful.