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)?
24/09/2020 Audi e-tron 55 Sportback quattro Launch Edition Auto - Save 14.5% - £12,441 off list price - £75,259 with cash purchase, or £73,459 including deposit contribution APR 6.2%
24/09/2020 Nissan Qashqai SUV 2wd 1.3 DIG-T 160 Tekna DCT Auto7 - Save 29.2% - £8,778 off list price - £21,297
24/09/2020 Audi Q3 40 Sportback quattro 5Dr 2.0TFSI 190 S line STron Auto7 - Save 13.3% - £5,270 off list price - £36,320 with cash purchase, or £34,420 including deposit contribution APR 6.5%
24/09/2020 Ford Transit 350 L3 2.0EcoBlue 185 Limited Van High Roof 6Spd - Save 31% - £14,333 off list price - £31,756
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
