Hi everyone, I looking to buy my very first band new car, in the past I have always bought my cars 2nd hand and paid cash. I want to set the mileage at 15k a year (I normally do about 16-17k) and will pay the extra when I hand the car back. I plan on changing the car every 2 to 3 years and would like any views on if I should do a lease or PCP. I got a few quotes and the lease works out as quote a bit cheaper for me both per month and initial payment. I just wanted to know if there is any benefit for me going for a PCP over a lease? I know at the end of the lease that I will have to pay another initial deposit and start over again where as on a PCP I have the chance to build up equity in the car which I can then use for a deposit on the next car... MAIN QUESTION: How likely is it that I will have enough equity in the car to enable me to put down a similar deposit next time around? I know no dealer will answer this question as they cant guarantee it but I just wanted to know everyone's experience.