I was looking at getting a Tesla Model 3 on lease (PCH). I ran the numbers and after 2 years it would cost me £17,151 (£23,495 if I got the full self driving option). The broker that gave me the quotes also said that the company that provides finance (Leaseplan) would give me the option of extending the lease for a year, or a price to purchase the car. I was under the impression that PCH meant you never owned the car, you just rent it, but it seems that offering the car to sell to the customer at the end of the lease period, ala PCP, is not unusual.
I fail to see the catch here. The car I'm looking at costs £57,690 to buy. I would surely lose a reasonable amount in depreciation in 2 years, losing £17k or so doesn't sound beyond the realms of possibility. On PCH the finance company shoulders the burden of the luxury car tax too (£320 a year for years 2-6).
So... if I can buy the car at the end of the term on PCH, even though it's not the norm (but is), why would I buy outright?
The other factor playing on my mind of course is Brexit - both in terms of immediate price rises for the Tesla, but the ability for someone to buy the car off me if I wanted to sell it in 2 years (if I bought it outright).