Leasing a car with a view to purchasing it

[CaptainSensib1e]

Afternoon,

I am currently looking for a new car for my wife. As we have recently become new parents I'd like to get her what seems the be the 'mummymobile' of choice around these parts - a Kia Sportage.

I was initially thinking of buying a 2/3 year old one with a view to keeping it for 4/5 years, which would mean it would be under Kia's excellent 7 year warranty for the entire period of ownership.

However I took a look at the lease deals you can get on new ones and they seem very good value - essentially you can lease one for 4 years for under £200 per month.

So essentially you will be paying around £2k a year, which is about the same as you'd expect to lose in depreciation, so leasing seems like it could be a most cost effective option as well as meaning a big chunk of capital won't be tied up in a car.

However at the end of the lease there is a fair chance we'd want to buy the car to own for the remainder of the warranty period. I'd imagine the lease car company would be quite keen, as its a lot less hassle for them than taking the car back to sell on. However does any one have any idea of how much they would ask? In terms of could you reasonably expect a discount over similar cars? Are they usually open to a bit of negotiation?

I'd welcome any advice from someone who has done similar. Thanks

[CaptainSensib1e]

With PCP, you normally have to put down a largish chunk of cash, so the aggregate cost is a lot higher. In essence, PCP just seems like a more expensive way to lease a car.

[CaptainSensib1e]

Thanks for all the comments, I'll check out drive the deal as that would seem like the cheapest way to get a PCP deal.