If you’re not quite sure how car finance works, then be sure to check out this video where I compare buying a car, to leasing and car finance options such as PCP and HP, this way you’ll know what option is best for you, think of it as a Car Finance Explained video.
Buying a car can be one of the hardest decision to make. Should I buy the car outright with cash? Should I finance a car or lease a car? If I finance a car, which type of financing should I use? PCP or HP finance?
This can all be very confusing, as its all very mathematical, especially when you include interest costs, admin fees, processing fees and everything else into the mix as well.
So in this video I go through in depth and debug everything around car finance. Splitting down all types of car finance, going through some worked examples and hopefully making everything as simple as possible.
Buying vs financing vs leasing a car;
Pro's and con's of buying a car outright - 00:00 - 03:31
Pro's and con's of HP car finance - 03:31 - 11:52
Pro's and con's of PCP car finance - 11:52 - 15:04
Pro's and con's of Leasing - 15:04 - 18:53
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The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
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#CarFinance #CarFinanceExplained #BuyOrLease