lease or HP??

[rugeleyboy]

hi, i need to get a new van and i cant make my mind up wether to go lease or HP? i have checked out both packages and i am quite happy with what they both offer??

so my question is............ what do you prefer and why??

[Le-Chat]

Just a word of warning. My husband, instead of opting for a company car, decided to have the other option of leasing, as it somehow worked out cheaper tax wise. After 6 months, he was made redundant and obviously needed to return the car to Toyota. As the car was on a 3 yr lease, he was required to pay them �7200 with the car's return. He eventually 'beat them down' to �4000 but it was a terrible time for us. He was not offered any cover against this on leasing the motor, although in hindsight, he should have asked the question.
A lesson learned the hard way. If you do lease, then make sure you take out the relevant insurance cover in case of such matters...

[Bev2007]

Hi Rugely,
Ive been pricing this up and we will go for lease next time as we can get a month-by-month lease so there isn't the commitment that le Chat encountered..
I think teh more mileage you do the more attractive teh leasing option becomes.