I’ve always bought my cars, but it’s not always the best plan.
My Hyundai Ioniq Electric is a £30k car, but on the lease deal it’s under £200 a month. It’s a 6+23 deal, so I pay £1200 in month 1, then £200 a month for 23 months. Then I give it back. Maintenance is all included.
So I get to use a car for 2 years, and pay about 20% of its price. I think that’s great value - I get the best two years of it, and is a first generation electric car really going to last for 10 years+?
I’ll probably buy used when this expires; with any luck I’ll be able to get a Hyundai for under £20k, but at least I’ll know if it’s worth getting.