So you have just purchased an electric vehicle (EV). The next step to take now is to decide on the type of EV charger to bu read more
What is Lease Purchase (LP)?
22/09/2021 Volvo XC40 PiH 1.5h T5 10.7kWh 262 Inscription Pro Auto7 - Save 9.1% - £3,932 off list price - £39,213
22/09/2021 Hyundai Tucson 4wd 1.6T-GDi PiH 13.8kWh 265 Ultimate Auto6 - Save 17.5% - £7,360 off list price - £34,670
22/09/2021 Toyota RAV4 4wd 2.5VVT-h 222 Black Edition CVT Auto - Save 13.4% - £5,259 off list price - £33,926
22/09/2021 Ford Ranger DoubleCab 4wd 2.0EcoBlue 213 Wildtrak Auto10 - Save 16.4% - £6,808 off list price - £34,708
Car Finance refers to finance that is secured on the vehicle, meaning that you do not own the vehicle until you have paid the finance in full and if you miss repayments, the lender might repossess your car.
Car Finance comes in many forms including Personal Contract Purchase (PCP), Hire Purchase (HP), Lease Purchase (LP), and Personal Leasing or Personal Contract Hire (PCH).
These forms can meet different preferences.
Lease Purchase (LP) is explained in further detail in our quick explainer animation below. Don’t forget to visit the MotorPocket YouTube channel for more information on car finance.
https://www.youtube.com/watch?v=7M0upkc-vTA
