10 October 2025
PCP vs HP vs Leasing: Which Really Saves You Money in 2025?
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Choosing between PCP, HP, and leasing? Each has unique pros and cons.
Table of Contents
Hire Purchase (HP)
- Higher monthly payments.
- You own the car at the end.
- No mileage limits.
Personal Contract Purchase (PCP)
- Lower monthly cost.
- Balloon payment if you keep the car.
- Flexible: return, upgrade, or keep.
Leasing (PCH)
- Lowest monthly payments.
- You never own the car.
- Return-only, mileage/condition charges apply.
FCA rules require lenders to display representative APR and total amount payable so you can compare fairly.
Faisal Mubarik
The founder of Deal4Wheels, is a passionate automotive enthusiast with years of experience in the automobile industry. Under his leadership, Deal4Wheels has grown into a trusted platform for buying and selling quality vehicles with transparency and convenience. His focus on customer satisfaction, innovation, and integrity has helped establish Deal4Wheels as a go-to destination for hassle-free car deals.