Car finance guides
- PCP vs lease vs HP: which kind of car finance fits you?
How UK PCP, personal lease (PCH) and hire purchase differ: who owns the car, what you pay up front and at the end, mileage limits and ending early. With real CarJab prices.
- How a car lease total is calculated: initial rental + (n − 1) monthly payments
A UK personal lease costs the initial rental plus one fewer monthly payment than the contract length (e.g. 12+23 on a 24-month contract). Worked examples with real CarJab lease prices.
- PCP balloon payments (GFV) and excess mileage charges explained
What a PCP optional final payment (balloon, GFV/GMFV) is, how it is set, what happens at the end, and how excess mileage and fair wear and tear charges work. Real CarJab PCP figures.
- Electric car leasing and salary sacrifice: the basics
How personal EV leasing compares with an employer salary sacrifice scheme, the HMRC benefit-in-kind rates for zero-emission cars (3% 2025/26, 4% 2026/27, 5% 2027/28, 7% 2028/29, 9% 2029/30) and the 75g/km OpRA rule.
- What makes a good car lease deal? Compare the cost per month over the whole term
The cheapest-looking monthly lease is not always the cheapest. Spread the initial rental over the term, match mileage and term, and check what is included. Real CarJab examples.