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When it comes to figuring out how you’re going to manage your budget, it can really help to know exactly how you plan to pay all your bills. When you have a car to pay for – or you need to buy one because it’s an essential – you have to be able to handle the costs. Saving money in 2022 is not always easy and that’s mostly because the cost of living is currently skyrocketing. However, if you could take down the costs of buying a car, wouldn’t it make sense to know your car buying options?

Between buying a new car, and choosing between HP, PCP or leasing, what’s the difference? Well, that’s where it gets a little complex! You will be far better off learning the definitions for all of these so that you can make the right decision for your budget. You should be able to get to work and to collect the kids from school without completely breaking the bank. Well, we believe that you can, and it all comes down to the way in which you understand the ways you can buy your car.

Below, we’ve got an infographic for you that clearly and easily details what the differences are between hire purchase, leasing or PCP cars. Once you know the differences, you can then make the best decision for your budget. Take a look – which one makes the best sense for you and your budget?

Infographic Design By HP, PCP or Leasing, What’s the Difference