Benefits of Leasing for Private Individual?

Benefits of Leasing for Private Individual?

Author
Discussion

DUMBO100

Original Poster:

1,878 posts

184 months

Wednesday 9th April 2014
quotequote all
I'm just about to change my car and will be financing the vehicle either as a PCP or Private Lease. The main benefit of leasing seems to be claiming the V.A.T back on the monthly payments, which as a Private Individual I cannot do but I like the idea of a fixed maintenance contract and changing the car quite often. The deposits on leasing are quite high and I understand that your credit report needs to be exceedingly good. What is the best way for a regular, employed person to drive a new car?

DUMBO100

Original Poster:

1,878 posts

184 months

Thursday 10th April 2014
quotequote all
Thanks Jazzer, funnily enough it was the Golf R that I had in mind, a local lease company have now started to produce all kinds of wonderful deals now I've enquired. So even without the vat being claimed back is a lease better deal than a PCP? I have no desire to own a depreciating thing but but would like to travel comfortably and occasionally quickly