Down Payment Gap Insurance Mileage Limit 
Car Examer
NOVEMBER 2, 2024
For example, if there’s a £1,000 deposit contribution, that amount goes toward your down payment, reducing what you need to put down yourself. With PCP, you pay lower monthly payments because a large portion of the car’s cost is deferred until the end of the agreement.
Shawn Ryder
JANUARY 17, 2025
Mileage Limitations Leased vehicles often come with mileage restrictions (commonly 10,000-15,000 miles per year): Overage Fees: Exceeding the allowed mileage can result in expensive penalties, which could negate the cost benefits of leasing. Determine what aligns best with your needs and budget and proceed accordingly.
Expert insights. Personalized for you.
59 
Let's personalize your content