PCP, HP, Leasing or Cash? The Cheapest Way to Drive in 2025 скачать в хорошем качестве

PCP, HP, Leasing or Cash? The Cheapest Way to Drive in 2025

Thinking of getting a car in 2025 but not sure if you should buy it outright, go for PCP, HP, or leasing? In this video, I break down and compare all the major car finance options available in the UK – side by side – to reveal the cheapest way to drive this year. Whether you're a first-time buyer, a student, or just looking for the smartest financial move, this is your complete guide to car finance in the UK. I talk through Tesla car financing in the UK Skill share free month: https://skl.sh/4kyhjWy Recommended PE book: https://amzn.to/3WSLcWm No Nutmeg Fees for 6 months: https://nutmeg.mention-me.com/m/ol/qf... Buying a car outright means paying the full amount upfront. You won’t have monthly payments or interest, and you’ll own the car from day one. It sounds like the best deal, but is it really the cheapest way to own a car in 2025, especially when you factor in depreciation? PCP, or Personal Contract Purchase, is a hugely popular car finance option in the UK. You pay a deposit and monthly payments, then at the end of the term, you can either return the car, trade it in, or pay a final balloon payment to own it. PCP deals often come with low monthly costs, but how do they compare long term? Hire Purchase, or HP, is another common option. You also pay a deposit and monthly payments, but at the end of the agreement, the car is yours — no balloon payment needed. It’s simpler than PCP and better if you know you want to own the car, but it often comes with higher monthly payments. Is it worth it in 2025? Then there’s car leasing, also known as PCH (Personal Contract Hire). This involves paying fixed monthly payments to drive a new car for a few years, then handing it back. You never own the car, but you also avoid depreciation, major repairs, and selling hassles. Leasing is often seen as a flexible, low-hassle option, but is leasing cheaper than buying a car outright or financing it? I cover: 0:00 Intro 0:35 Different ways to buy a car 3:32 Buying a car outright 5:56 HP (Hire purchase) 7:41 PCP (Personal contract purchase) 9:17 Car leasing 10:42 Which option suits you In this video, I break it all down with real examples, total cost comparisons, and a clear explanation of each finance method. You'll find out which option is cheapest, which is best for young drivers and students, and what car dealers don't always tell you. This is your full guide to car finance in the UK, including the differences between PCP vs HP, buying a car outright vs financing, and the pros and cons of leasing in 2025. Linkedin:   / jacob-phillips-48464a1b1   For business enquiries please use: [email protected] DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Jacob does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.