Should I buy or lease a car?
The cheapest monthly payment is not necessarily the cheapest way to drive. Compare total cost, flexibility and how long you expect to keep the car.
Compare total cost
Include deposit, finance or lease payments, interest, insurance, servicing, tyres, fuel, mileage charges, end-of-term costs and likely resale value.
Ask what matters most
- Do you want ownership at the end?
- How predictable is your mileage?
- How long will you keep the vehicle?
- How important is a new car?
- How much flexibility do you need if your circumstances change?