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)?
07/11/2019 BMW 330d xDrive Touring M Sport Tech Plus Auto8 - £42,637 with cash purchase, or £41,137 including deposit contribution with BMW finance APR 4.9% Save 15.5% - £7,528 off list price
06/11/2019 Ford Focus Estate 1.0T EcoBoost 125 ST-Line X Auto8 - £21,793 Save 21.6% - £6,002 off list price
05/11/2019 Toyota Corolla Hatch 5Dr 2.0VVT-h 184 StopStart EU6 Excel Bi-tone CVT Auto - £25,833 Save 15.9% - £4,887 off list price
04/11/2019 Audi A6 40 Saloon 2.0TDI 204 S line STron Auto7 - £36,393 with cash purchase, or £32,393 including deposit contribution with Audi finance APR 4.9% Save 24.7% - £10,642 off list price
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
