Leasing Explained

Leasing Explained

If you haven't already considered leasing, we could have an option that works for you. We offer a wide range of different funding solutions tailored to you.

Leasing gives you the chance to drive a new car every few years, with relatively low monthly payments and no worries about the car’s resale value. There are two main types of car leasing deals – personal contract hire (PCH) and personal contract purchase (PCP). Both come with strings attached, so make sure you understand how they work.

Restrictions when you lease a car

Top tip

It’s good to compare APR rates, but make sure you look at the total repayment amount as well as balloon payments are not included in the APR rates.