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Old 08-03-2013, 10:46 PM   #123
andy665
OCD Sufferer (Obsessive Car Detailer)
 
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Personal lease reduces your flexibility - you're effectively tied in for the duration of the agreement and you have no option at the end but to hand it back

If there was the same car available on both PCP and Personal Lease at the same cost then I would always choose the PCP option as it gives you the option to purchase at agreement end, you can p/x, sell or settle at any point

Most of the time Personal Lease is cheaper BUT more restrictive - horses for courses
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