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Car leasing vs buying

There are few things better than driving your brand-new car for the first time, but what's the best way to get one? Both buying and leasing have their pros and cons – so which is right for you?

10 reasons to lease a car vs buying a car

Benefit

Leasing

Buying

Lower up-front cost

Brand new car

Delivered to your door

New car every few years

You own the car

You can sell the car

No mileage costs

The main advantages of leasing a car

1

You pay less upfront

2

You get tax, breakdown cover and more included

3

You get to drive a brand new car

4

We'll deliver your car to your door

5

Your car will be reliable

6

You'll be safer

7

Tax benefits for businesses

8

You might never need an MOT

9

Stay connected

10

Leasing a car is simple

Business Contract Hire benefits:

Are there any disadvantages to car leasing?

1

You won't own the vehicle

2

Wear and tear is your responsibility

3

If you have poor credit history, you might not pass our leasing checks

4

Mileage matters

Leasing with a poor credit history

Why might it be better to buy a car?

1

You'll own the car

2

You can sell it whenever you like

3

Mileage is unlimited

What are the disadvantages to buying a car?

1

Cars depreciate

2

It costs more upfront

3

Unexpected costs can add up

4

As cars age they develop problems

5

Selling your car isn't always simple

Vehicle depreciation

Make the most of our car leasing deals

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