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What is car leasing? Leasing a car is similar to a long-term rental. You’ll pay an initial payment and then make fixed monthly payments to lease the car over a fixed term. Leasing is different to Personal Contract Purchase (PCP) and Hire Purchase (HP). This is because you don’t ha...
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used car outright from day one. A personalcar loanlets you pay back the borrowed money, plus interest, as fixed monthly repayments over an agreed term that suits you. The amount of interest varies, depending on the duration of the loan, as well as your personal circumstances and credit ...
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