OK this is an American video from “Money Talks”, talking about the differences of car lease to just buying the vehicle, but even so if ver relevant to the UK market as well as the compariosn will be the same. They take he new price of a car and tell you the loan payments at 6.5% over 3 years. They then compare this with a 3 year car lease, including the intial deposit and you end up with paying more on lease as you wold buying as you would expect. But the difference in monthly payments is much less and you do not have the costs of reselling the vehicle or having to refinance it. so there are benefits throughout. Car lease in the States is still far more popular than here in the UK.
