Car leasing is a cost-effective way of owning a new car. One car brand considered ‘lease-friendly’ is the Peugeot.

If you’re a tourist looking to lease a car for a short duration, you can avail yourself of the Peugeot Buyback Lease programme. Since foreigners are exempt from paying taxes on brand-new cars, they can lease the car during their stay in the UK, and not have to pay the associated taxes. Then once the leasing contract expires, a UK company can buy the car back from them. This setup is helpful to both parties as tourists get to drive around in a new car while car companies can buy brand-new cars without having to pay taxes.

Residents of the UK can lease a Peugeot by getting a contract hire agreement. Peugeot leasing has very few basic requirements but some companies tend to impose regulations of their own. Some companies require you to rent the car in advance first to test it before leasing it. Almost all payments are done on a monthly basis and all leasing contracts have a limit on how many miles you can drive with the Peugeot. The average is 10,000 miles per year, and companies impose a charge if you go over the limit.

The only downside to this arrangement is that the Peugeot is a leasing favourite so most companies might only have few left in stock. Check out local car leasing companies to see if they have one available and ask for a price quote to get the best deal possible.