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Buying Vs Leasing a Car: What Makes the Most Financial Sense?

11th August 2025

If you are on the hunt for a new car, you might be trying to decide whether buying the car outright or leasing it is the smartest financial move. The choice you make can have a big impact on your long-term costs, but that’s not to say a single option is best in all situations.

WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

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How much would you like to borrow:

£200

£750

How long would you like it for?

3 months

6 months

Your monthly repayments are:

Total amount to be repaid:

Annual percentage rate:

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Representative Example: £300 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £540.35 in monthly instalments of £109.59, £107.60, £100.85, £86.95, £72.25 and £63.11. This is based on the amount of credit plus interest, no other fees apply. Representative 1265.8% APR

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Buying Vs Leasing a Car: What Makes the Most Financial Sense?

How much would you like to borrow:

Your monthly repayments are:

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