Quote Originally Posted by JohnH
The downside is that you own nothing for all that you spend.
Why would you want to own a depreciating asset?

Lets face it, none of us ever hold on to a car for very long.

@Peter

Leasing, HP, PCP are all very different things.

Leasing is basically renting the car and all you have to do is put fuel in it and tax and insure it. Everything maintenance-wise is covered including tyres generally. Its more expensive than other financing options, you never own the car but it is the most hassle free way of motoring.