Can anyone tell me why it is generally less expensive to lease a car rather than enter into a PCP agreement?
thanks
Tim Tim
RRS sold and replaced with a Skoda Kodiaq after appalling RR Dealer experience and LR inability to supply new cars in any sort of reasonable time frame..

Basically because the lease company can claim back the VAT they pay on the car as it’s a business cost for them and therefore they pass that on (or at least some of it) to the person leasing the car.

There are obviously other differences between PCH and PCP, but if you plan to hand the car back at the end of period they’re much the same. It’s just you don’t have the option to buy and definitely won’t have any equity to put towards the next car, but if the GFV is more than the car’s worth, which isn’t unusual these days, you’ve got no equity anyway.

Also depends if particular models need promoting, or are struggling to sell and/or manufacturer wants to inflate sales so will support the finance to make the lease cheaper. Lease usually include VED can be handy)

If you are thinking of dabbling in leasing read this thread
https://www.pistonheads.com/gassing/topic....;t=1758049

Then keep an eye on this thread (I got a Golf-R due this thread- it was dull but cheap)
https://www.pistonheads.com/gassing/topic....;t=1801047

Rarely deals on RRS/ FFRR come up, was a spate of Defenders, Evokes and Velars. 2008 TDV8 Buckingham Blue- SOLD