Best car lease deals: March 2024

Our pick of the best leasing deals in the UK: low monthly payments including the cheapest deals we've found on cars and SUVs

By Tom Phillips Mar 25, 2024

Lease deals are generally the cheapest way to drive a brand new car, with low monthly payments and none of the hassle of owning a vehicle. It may mean that you can afford a better car than you expected. 

Leasing is a form of long-term car hire and is also known as Personal Contract Hire (PCH). It's usually flexible, so you can adjust the initial payment, contract length and mileage limit. You will normally be billed extra if you exceed the mileage limit or the car is returned damaged.

For more flexibility, or to finance a used car, then you should look at Personal Contract Purchase (PCP) agreements. These include the option to trade the car in for a newer model, buy it outright or simply hand it back at the end of the term. You can also spread the cost of buying a car with Hire Purchase (HP). For more information, see our guide to buying a car on finance.

Best car leasing deals A-Z

Alfa Romeo

  • Lease an Alfa Romeo Tonale for £299 per month, an Alfa Romeo Giulia for £329 per month, or an Alfa Romeo Stelvio for £469 per month, all plus initial rentals

Audi

  • Audi offers leases through VW Financial Services, including the Audi A1 from £315, the Audi A4 Saloon from £480 per month and the Audi A6 Saloon from £540 per month

Citroen

  • Citroen has PCH deals including the Citroen C3 from £249 per month, the Citroen e-C4 from £399, and the Citroen C5 X from £428 per month

Cupra

  • Cupra offers leases through VW Financial Services, including the Cupra Leon from £330, Cupra Born from £440 per month and the Cupra Formentor from £540

DS Automobiles

  • All DS models are available for lease, with a DS 3 from £289 per month, a DS 4 from £349 per month, a DS 7 from £429 or a DS 9​ from £899

Fiat

  • Lease a Fiat 500 for £199 a month plus an initial rental of £999, or a Fiat 500e for £299 plus £999 initial rental

Ford

  • Ford Mustang Mach-E Select is available at £568 per month on a three-year deal from Ford Personal Contract Hire from Ford Lease

Hyundai

  • Hyundai has PCH deals including £189 a month for a Hyundai i10, £304 for a Hyundai Bayon and £328 per month for a Hyundai Kona. The Hyundai Ioniq 5 and Hyundai Ioniq 6 EVs start from £299 a month

Jaguar

  • Jaguar offers PCH on all of its models, with the Jaguar E-Pace starting from £645 per month, the Jaguar F-Pace at £675 and the Jaguar I-Pace EV at £775. The Jaguar F-Type starts from £1,115

Jeep

  • The Jeep Avenger is available on PCH from £249 per month, the Jeep Renegade from £299 per month, the Jeep Compass from £349 per month and the Wrangler and Grand Cherokee from £599 per month

Land Rover

  • Land Rover Defender 110 leases start at £875 per month, Land Rover Discovery at £835, and Land Rover Discovery Sport at £655

Range Rover

  • Range Rover Evoque on PCH starts at £665 per month, a Range Rover Velar from £795, a Range Rover Sport from £1,015, and a Range Rover from £1,765

Renault

  • PCH for a Renault Clio costs from £199, the Renault Captur and Renault Arkana cost from £343, a Renault Megane E-Tech from £445, the Renault Austral from £456, the Renault Scenic from £498, and the Renault Zoe from £578

Skoda

  • Skoda offers leases through VW Financial Services, including the Skoda Fabia from £285, the Skoda Enyaq from £440 and the Skoda Enyaq Coupe from £580

Subaru

  • The Subaru Solterra is available on PCH from £299, the Subaru Crosstrek from £395, the Subaru Forester e-Boxer from £475 and Subaru Outback from £455 per month

Vauxhall

  • Vauxhall offers most of its models with PCH. Prices start at £199 a month for a Vauxhall Corsa, £229 for a Vauxhall Mokka, and £275 for a Vauxhall Astra

Volkswagen

  • VW offers leases through VW Financial Services, including the Volkswagen Golf from £263 per month, VW T-Roc from £341 and Volkswagen Taigo from £347. The VW ID.3 is currently the only EV available to lease, from £545

Lease deals for under £200 a month     

Hyundai i10

Hyundai i10
Lease from £152 per month
Hyundai i10 review

Despite its tiny dimensions, the Hyundai i10 is a car that leaves you confused, as it feels like a much bigger car to drive. What's more, space saving in the design means that two tall adults can fit in the back for longer trips. It's also good value, so even in entry level Advance trim, it has plenty of equipment yet still comes in with a monthly lease payment of less than £160.

  • Hyundai i10 1.0 Advance 5dr
  • Monthly payment: 35 x £151.82
  • Initial payment: £1,565.38
  • Length of lease: 36 months
  • Total payable: £6,879.08
  • Annual mileage limit: 5,000
  • See this deal

Fiat 500

Fiat 500
Lease from £168 per month
Fiat 500 review

The petrol powered Fiat 500 may look very similar to when it first hit the road back in 2008, but it has benefitted from a host of updates to its technology and engines in that time. The 500 is one of the cheapest cars you can lease, with prices starting at just over £160 per month for both the hatchback and the 500C convertible models. As with most budget-friendly lease deals, you are limited to 5000 miles per year. However, with the 500 being at its happiest in the cut and thrust of city driving, a lower mileage limit may suit your needs.

  • Fiat 500 Hatchback 1.0 Mild Hybrid Dolcevita [Part Leather] 3dr
  • Monthly payment: 47 x £167.71
  • Initial payment: £1,509.39
  • Length of lease: 48 months
  • Total payable: £9,391.76
  • Annual mileage limit: 5,000
  • See this deal

Citroen C3

Citroen C3
Lease from £169 per month
Citroen C3 review

The Citroen C3 is a fantastic example of what Citroen does best - creating a car unlike any other small hatchback you might care to think of in terms of design, features and comfort. The C3 certainly stands out from an affordability perspective, too, as this lease gives you four years of motoring for less than £2,500 a year, including initial rental, making it one of the lowest total cost options offered on Buyacar. 

  • Citroen C3 1.2 PureTech Plus 5dr
  • Monthly payment: 47 x £169.18
  • Initial payment: £1,761.42
  • Length of lease: 48 months
  • Total payable: £9,712.88
  • Annual mileage limit: 5,000
  • See this deal

Nissan Qashqai

Nissan Qashqai
Lease from £193 per month
Nissan Qashqai review

The Nissan Qashqai is a really popular car in the UK. This latest version is arguably the most striking yet, but that doesn't come at the expense of the practicality and ease of use that made it such a hit with family buyers in the first place. All Qashqais come with plenty of equipment, offering decent value, too.

  • Nissan Qashqai 1.3 DiG-T MH Acenta Premium 5dr
  • Monthly payment: 23 x £194.75
  • Initial payment: £2,052.74
  • Length of lease: 24 months
  • Total payable: £6,531.99
  • Annual mileage limit: 5,000
  • See this deal

Lease deals for under £250 a month

Skoda Scala

Skoda Scala
Lease from £203 per month
Skoda Scala review

The Skoda Scala may not be the last word in motoring excitement, but it's a winner in other ways. For a start, it's great value for the shear space you get inside, both for passengers and their luggage, and in mid-spec SE Technology trim there's loads of equipment included. Add in the the smooth and economical 1.0 95hp TSI petrol engine and you're on to a winner.

  • Skoda Scala 1.0 TSI 95 SE Technology 5dr
  • Monthly payment: 23 x £202.76
  • Initial payment: £2,125.83
  • Length of lease: 24 months
  • Total payable: £6,788.31
  • Annual mileage limit: 5,000
  • See this deal

Kia ProCeed

Kia ProCeed
Lease from £213 per month
Kia ProCeed review

The Kia ProCeed is the stylish shooting brake version of the more conventional Kia Ceed Sportswagon, or estate as you might normally call it. Whatever its name, the ProCeed certainly offers plenty of space for your leasing monthly payment, and is very well equipped in GT-Line specification, too. This car is provided as a new factory order, so you get to spec your colour, but there's a 6-12 month wait for delivery.

  • Kia ProCeed 1.5T GDi ISG 138 GT-Line 5dr
  • Monthly payment: 23 x £213.43
  • Initial payment: £2,214.87
  • Length of lease: 24 months
  • Total payable: £7,123.76
  • Annual mileage limit: 5,000
  • See this deal

Volkswagen T-Roc

VW T-Roc
Lease from £223 per month
Volkswagen T-Roc review

The Volkswagen T-Roc is one of VW's top-selling cars and it's not hard to see why. For starters, it's a very much in-demand family SUV, offering a spacious, practical interior. It's decent to look at, too, and is also comfortable to drive. This one's also in high-spec R-Line trim, too, so expect just about every creature comfort, too.

  • Volkswagen T-Roc 1.5 TSI EVO R-Line 5dr
  • Monthly payment: 23 x £222.94
  • Initial payment: £2,276.45
  • Length of lease: 24 months
  • Total payable: £7,404.07
  • Annual mileage limit: 5,000
  • See this deal

Peugeot e-208

Peugeot e-208
Lease from £232 per month
Peugeot e-208 review

The Peugeot e-208 is one of the cheapest electric vehicles you can lease. But just because it's priced affordably doesn't mean that it's short of equipment or punchy driving dynamics. This car is in mid-range Allure Premium specification, so benefits from a 10-inch touchscreen and front and rear parking sensors, and Peugeot claims a 248-mile range.

  • Peugeot e-208 100kW E-Style 50kWh 5dr
  • Monthly payment: 35 x £231.71
  • Initial payment: £2,278.39
  • Length of lease: 36 months
  • Total payable: £10,388.24
  • Annual mileage limit: 5,000
  • See this deal

Lease deals for under £300 a month

Subaru Solterra

Subaru Solterra

Subaru Solterra
Lease from £290 per month

The Subaru Solterra is the firm's first electric car and the sister model to the Toyota bZ4X. And while it may not be quite as on-trend as a Tesla or BYD, Subaru's electric SUV is well built and good to drive. It's expensive to buy outright, but a decent deal when it comes to leasing, too.

  • Subaru Solterra 150kW Limited 71.4kWh 5dr Auto AWD
  • Monthly payment: 35 x £290.41
  • Initial payment: £2,812.68
  • Length of lease: 36 months
  • Total payable: £12,977.03
  • Annual mileage limit: 5,000
  • See this deal

Renault Austral E-Tech

Renault Austral E-Tech
Lease from £293 per month

The Renault Austral is a relatively new arrival, swooping in to replace the Renault Kadjar as the firm's representative in the hotly contested family SUV market segment. All Australs are hybrids, making them easy to drive and cheap to run, while the Austral's interior is a big step up from the car it replaces.

  • Renault Austral E-Tech Full Hybrid Techno 5dr Auto
  • Monthly payment: 23 x £293.37
  • Initial payment: £2,910.33
  • Length of lease: 24 months
  • Total payable: £9,657.84
  • Annual mileage limit: 5,000
  • See this deal

Should I lease a car rather than buying one?

Leasing - or hiring - a car means that you will be driving a new car that you get to change as frequently as every year, depending on your deal. That means you’ll always be driving a car that meets your needs and available budget, and, as leases are generally only offered on new cars, a vehicle that includes the latest fuel-saving tech to keep running costs down.

Once the deal is over, you’re also free to walk away without having to worry about the car’s depreciation, or finding someone to sell it to either. A finance deal also means your costs are fixed each month, allowing you to better plan your finances. Most deals include things like road tax as standard, and you can usually add maintenance packages for a fixed fee, further helping you to keep control of your monthly spend.

What happens if I exceed the agreed mileage when I return the car?

When you sign your lease agreement, your monthly payments will be influenced by how many miles you plan to drive while you have that particular car. It’s worth putting some serious thought into this to ensure that you have enough flexibility in your lease deal to drive the miles you need to without incurring excess mileage costs.

This figure will be in your lease agreement as a charge per mile, usually around 10p per mile but can be significantly more. It’s worth getting in touch with your lease provider as soon as you realise you’re driving more than you thought to mitigate any extra mileage fee.

Can I leave my car lease deal early?

Cancelling a lease is usually possible. However, while circumstances do change unexpectedly and there’s no other option, cancellation is something you should think long and hard about doing as it’s often expensive.

These deals are not meant to be broken after all. There will usually be some sort of cancellation fee, and you won’t get any money back that you’ve already paid. You are also not permitted to pay off your remaining car lease early, as the lease agreement binds you to making those monthly payments on schedule.

What's the difference between PCH and PCP?

Although not to be confused with Personal Contract Purchase (PCP), which uses financing to help you buy a car, PCH works in a similar way. You pay an initial payment, which is often a multiple of the monthly rental cost up to around 35%.

Monthly payments will then be calculated, depending on the size of the deposit and length of the hire agreement. At the end of the lease, you give the car back, simple as that - no balloon payment to consider as with a PCP.

If you want the convenience of driving a new car and have no interest in owning it, then PCH makes sense, as the monthly payments tend to work out cheaper than PCP on a new car. However, if you’re after a little more flexibility and might want to buy outright, then consider the PCP option instead.