Agreements differ as soon as all monthly payments have been made. PCP allows you to return the car; It may be possible to exchange it for another vehicle. or you can pay the last payment for ownership of the car. Leasing is great if you want to own the vehicle for the long term, while wanting to minimize your short-term monthly costs. With the lease purchase, you benefit from lower monthly payments than the lease-purchase (HP), thanks to the option to defer at the end of your contract an agreed amount (so-called balloon payment). Once your balloon payment is settled, the car is yours. The payment of the balloon is due once you have reached the end of your original autoleasing purchase contract – you have the certainty again, because it is decided from the beginning. Like leasing contracts, PCP sales contracts are divided into three sets of payments, starting with deposit (although there is often a no deposit option), and then monthly payments that are low because they cover only part of the cost of the car. The payment of the balloon must reflect the value of the vehicle at the end of your lease.