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      12-06-2017, 05:25 PM   #6
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Drives: 2016 F80 M3, i3 REx
Join Date: Mar 2013
Location: Orange County, CA

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Originally Posted by babaikram View Post
Are people confusing PCP (Personal Contract Purchase) to lease. There is no option of buying a leased car in the UK, your name is not even the registered keeper. However PCP gives you the option of buying the car outright or returning the car at the end of the contact.
I've never heard that term before. Must be just a UK term? Here in the US you can request for a pay off price anytime during the lease. There is also what is called a Balloon Loan, which is the option to pay the ballon payment at the end to purchase the car. The payments are usually higher than a lease, but the ballon payment at the end is lower than if you had leased and purchased at the end.
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