CAR LEASING FOR LOW INCOME EARNER 2024

CAR LEASING FOR LOW INCOME EARNER 2024

CAR LEASING WITH LOW REVENUES CAR LEASING FOR LOW INCOME EARNER PERSONAL CONTRACT PURCHASE (PCP) WITH LOW INCOME PERSONAL CONTRACT HIRE (PCH)

A car leasing for low income earner is defined by a special form of vehicle finance available from car dealerships for drivers who want to use a car while facing low revenues because of poor salary.

A car leasing for low income earner is particularly intended for a driver who does not have a high or middle income or who has low income and who wants to opt either for either opting for the Personal Contract Purchase (PCP) or Personal Contract Hire (PCH).

The vehicle leasing for low revenues earner using PCP that offers the option of purchasing the car after the leasing contract ends, and PCH where lessee can drive a new car every 3 to 4 years and the second one has the advantage that he or she will not need to take out a loan from a bank in order to be able to buy and drive a car.

Leasing a car with low income is still subject to a leasing application including a financing file even if it is easier to obtain such a hire contract from a car dealership whose brand offers its own financing than from a bank.