Elect 4 Finance – Personal Lease
Car leasing is a form of long-term car rental. Instead of owning the car, after an initial payment you make a series of fixed monthly installments for an agreed period of time and then return it to your local dealer where you can exchange it for a brand new one. It’s a simple and affordable way to drive a new car and change it regularly.
At every stage, it remains the property of a leasing company, whereas Personal Contract Purchase (PCP) finance offers low monthly payments for new and used cars which you can buy at the end of the agreement.