Car leasing is fast becoming the most popular way to get a car these days. The more people sign up to lease a car, the more others will hear about it. This has naturally led to many misconceptions about car leasing to be spread about. We are here to identify this errors and to correct them.
If you are interested in leasing a car, then Hippo Leasing has many a great deal on a huge selection of cars available.
Who owns the vehicle at the end of the lease?
The main misconception that appears is who owns the car at the end of a lease. This is a confusion between a leasing agreement and a finance agreement. Finance agreements such as Personal Contract Purchase (PCP) are often confused with leasing because of your ability to hand the car back at the end of the agreement. However