Best car leasing deals - November 2024
If you're looking for the cheapest car leasing deals in the UK right now you've come to the right place. We round up the best value car leasing deals we've found online.
More new car deals
Car leasing may not be that familiar to UK buyers used to seeing mentions of PCP, but leasing is hugely popular in the US, and is becoming more and more popular this side of the Atlantic.
Leasing a car is essentially a longer term version of your holiday hire car, except rather than giving you flexibility for your two weeks in the sun, a lease agreement is a long-term rental, usually ranging from one to four years.
It's also called Personal Contract Hire - or PCH - which is used interchangeably with leasing. So rather than buying the car over several years, you simply lease it and then hand it back at the end of the contract. Unlike PCP, there's no option to own the car you've leased. Instead, you're paying for the convenience of having a new car on your drive on a regular basis.
When you take out the lease deal, you’ll agree to a maximum annual mileage limit and you’ll need to return the car without exceeding this figure. If you do so, you’ll pay a penalty, usually a certain amount per mile on top.
Unlike your holiday rental, it’s worth remembering that a lease deal will most likely will include car tax, but doesn’t usually cover servicing, although package deals are available. It's the same for insurance, too.
At the end of the PCH term, you return the car and it will be inspected. Fair wear and tear for the age of the car is completely acceptable and exactly what this means should be covered when you sign the PCH agreement. However, anything more than this can and will be charged for, and this bill can be considerable.
After more deals on new cars? Check out our round-up of all the best new car deals around.
Personal Contract Hire Deals - A-Z by Car Maker
Here's a list of leasing deals being offered by carmakers right now. Not all carmakers offer leasing, but if a deal pops up, we'll feature it here.
Alfa Romeo
- PCH is available on the Alfa Romeo Tonale from £319 a month, Alfa Romeo Junior Elettrica from £329, Alfa Romeo Giulia from £389 and Alfa Romeo Stelvio from £419, all plus initial rentals
- Find out more on these deals
Audi
- Audi offers leases through VW Financial Services, including the Audi A3 Sportback from £335, Audi A5 Avant from £530, Audi A6 Avant from £635, Audi Q4 e-tron from £714, Audi Q6 e-tron from £805 and Audi A6 Avant e-tron from £1065
BMW
- BMW has recently slimmed down its range on PCH, offering just its high-end models. This includes the BMW M2 Coupe from £656, the BMW 840i M Sport Gran Coupe from £698 and the BMW iX xDrive40 M Sport from £737
Citroen
- Citroen has PCH deals including the Citroen C3 Origin from £279 a month plus £279 initial rental, the new Citroen C3 from £309 plus £309 initial rental, and new Citroen e-C3 from £349 per month plus £349 initial rental
Cupra
- Cupra currently has the Cupra Born V3 available from stock for £320 a month, the V1 from £335 and the V2 from £359. The Cupra Leon starts at £350, the Cupra Formentor from £375 and the Cupra Leon Estate from £405
Dacia
- A 36-month PCH on a Dacia Sandero costs from £197 with £1181 down, a Dacia Sandero Stepway from £221 with £1329 down, a Dacia Duster from £245 with £1469 down and the Dacia Jogger starts from £289 a month with £1732 down
- Find out more on these deals
DS Automobiles
- All DS models are available for lease, with a DS 3 from £486 per month, a DS 4 from £455 per month, a DS 7 from £564 or a DS 9 from £879
Fiat
- Lease a Fiat 500 for £199, a Fiat 600 Hybrid for £299 or a Fiat 600e for £399 per month - the latter with an initial rental of £399
GWM
- The GWM Ora Pro+ is available to lease from £339 per month and the GWM Ora Pure+ costs from £309 per month over 48 months
Jaguar
- Jaguar offers PCH on all of its models, with the Jaguar E-Pace starting at £625 a month, the Jaguar F-Pace from £665 and the Jaguar I-Pace EV at £725. The Jaguar F-Type starts from £1439
Jeep
- The Jeep Avenger is available on PCH from £269 per month, the Jeep Renegade from £349, the Jeep Compass from £369, the Jeep Wrangler from £599 and the Jeep Grand Cherokee from £629 per month
Land Rover
- Land Rover Defender 110 leases start at £1019 per month, Land Rover Discovery at £969, and Land Rover Discovery Sport at £809
Mazda
- Mazda offers a selected range of models on PCH. The Mazda MX-30 costs from £252, the Mazda2 Hybrid costs from £257, the Mazda CX-5 costs from £326 and the Mazda CX-60 costs from £482 per month
Polestar
- The Polestar 2 Long Range Single Motor is available to lease for £407 per month on a 48-month deal with £4882 down. Leasing for the Polestar 3 starts at £690, and the Polestar 4 starts at £527
Range Rover
- Range Rover Evoque on PCH starts at £619 per month, a Range Rover Velar from £795, a Range Rover Sport from £1085, and a Range Rover from £1897
Renault
- PCH for a Renault Clio starts at £233, a Renault Captur costs from £275, the Renault Arkana starts from £320, a Renault Megane E-Tech from £373, the Renault Austral from £380, the Renault Scenic from £405 and the Renault Rafale costs from £568 per month
SEAT
- SEAT offers leases through VW Financial Services, including the SEAT Arona from £265 the SEAT Ibiza from £270 and the SEAT Ateca from £415 per month
Skoda
- Skoda offers leases through VW Financial Services, including the Skoda Scala from £245, the Skoda Kamiq from £315, the Skoda Fabia from £330, the Skoda Karoq from £375, the Skoda Kodiaq from £390, the Skoda Octavia from £420, the Skoda Superb from £430 and the Skoda Enyaq from £445
Subaru
- The Subaru Crosstrek is available on PCH from £419, the Subaru Forester e-Boxer from £489, the Subaru Outback from £475 and the Subaru Solterra is £625 per month
Tesla
- The Tesla Model Y SUV is available from £349 a month with £4700 down, while the facelifted Tesla Model 3 starts from £299 per month with £3910 initial rental
Vauxhall
- Vauxhall offers some of its models with PCH. Prices start at £269 a month for a petrol-powered Vauxhall Corsa, £319 for a Vauxhall Mokka, and £329 for a petrol-powered Vauxhall Astra
Volkswagen
- VW currently offers leases on the VW ID.3 from £299, the VW ID.4 from £345, the VW Tiguan from £390, the VW Golf from £423, the VW ID.7 from £455, the VW Passat from £515 and the VW ID.5 from £521
Volvo
- Leasing deals include the Volvo XC40 from £299 a month, the Volvo XC60 from £429, the Volvo V60 from £499, the Volvo XC90 from £599 and the Volvo V90 from £699
- EV deals include the Volvo EX30 from £349, Volvo EX40 from £579 and Volvo EC40 from £609 per month
Best Car Leasing Deals
Our round-up of the best car leasing deals in the UK we've found online with cheap car leasing deals and the best offers we've found. We update this page every week to make sure we bring you the best deals.
Dacia Sandero Essential TCe 100
£197 a month: 3 year PCH with £1191 initial rental
The Dacia Sandero is one of the cheapest cars you can buy new in the UK. If you don't have the full purchase price on hand, Dacia has you covered there too, as it offers PCP, Hire Purchase and PCH on most of its models, with this entry-level Sandero coming in at under £200 a month on a PCH deal over three years.
Initial Rental | Monthly Payments | Mileage Per Year | Excess Mileage Charge (pence per mile) | Deal Available Until |
£1181 | 35 x £196.80 (£6888) | 10,000 | Not specified | 16th December 2024 |
Skoda Scala SE Edition 1.0 TSI 95PS
£245 a month: 3 year PCH with £735 initial rental
The Skoda Scala has just benefitted from a little mid-life nip and tuck to bring its looks and tech back up to date. The core appeal remains unchanged, however, as the Scala still majors on practicality for relatively little outlay. A useful 10,000 miles per year limit is included with this deal.
Initial Rental | Monthly Payments | Mileage Per Year | Excess Mileage Charge (pence per mile) | Deal Available Until |
£735 | 35 x £245 (£8575) | 10,000 | 4p | 2nd January 2025 |
Citroen C3 Aircross PureTech 110
£299 a month: 4 year PCH with £299 initial rental
The Citroen C3 Aircross has been proudly doing things its own way since 2017. And while there are better rivals, plus a new model arriving soon, few can match the C3 Aircross's spacious, practical lounge-inspired interior. We've chosen this deal as the initial rental and low monthly keeps things very affordable.
Initial Rental | Monthly Payments | Mileage Per Year | Excess Mileage Charge (pence per mile) | Deal Available Until |
£299 | 47 x £299 (£14,053) | 8000 | Not stated | 5th January 2025 |
Volkswagen ID.3 Pro Match
£299 a month: 3 year PCH with £1793 initial rental
The Volkswagen ID.3 hasn't had the easiest start in life. But fresh from a makeover informed by plenty of early customer feedback, the ID.3 is now much-improved. Even better, VW's EV hatchback comes in Match trim, which gives you all the kit you'd ever really need at a competitive price whether you buy or lease.
Initial Rental | Monthly Payments | Mileage Per Year | Excess Mileage Charge (pence per mile) | Deal Available Until |
£1793 | 35 x £299 (£10,465) | 10,000 | 10p | 6th January 2025 |
Tesla Model 3 Rear-Wheel Drive
£299 a month: 3 year PCH with £3786 initial rental
The Tesla Model 3 is one of the best electric cars on sale, and that's been helped recently by a significant overhaul of its looks inside and out, while tech updates continue to arrive over the air. Add in the excellent charging network, and there's no time like the present to take advantage of this competitive PCH deal.
Initial Rental | Monthly Payments | Mileage Per Year | Excess Mileage Charge (pence per mile) | Deal Available Until |
£3786 | 35 x £299 (£10,465) | 10,000 | 20p | 31st December 2024 |
Is leasing a car financially worth it?
Taking out a PCH agreement is very much dependent on your personal circumstances and preferences. The major advantage of leasing is that it removes a lot of the hassle of owning a car, especially if you add a maintenance package to your lease. The monthly cost can also work out cheaper than a PCP.
If your priorities are having a predictable, affordable monthly payment, no worries about a car's depreciation or selling it on after your PCH finishes, and you like to drive a new car every couple of years, then a lease could well be an affordable way to motor on your terms.
If mileage limits, wear and tear fees and not being able to own the car are an issue for you, then outright purchase or HP/PCP are perhaps better options.
What's the difference between PCH and PCP?
Although it's important not to confuse Personal Contract Purchase (PCP), which uses financing to help you buy a car, and Personal Contract Hire (PCH), they work 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, plus any additional services like maintenance or insurance you may wish to add. 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. However, if you’re after a little more flexibility and might want to buy outright, then keep your options open with PCP instead.
Why 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 every one to four years, depending on your deal. That means you’ll always be driving a car that meets your needs and available budget, plus it'll conform to the latest safety standards and meet any environmental restrictions.
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. A lease deal also means your costs are fixed each month, allowing you to better plan your finances. In addition to road tax, which is usually included in leasing deals, you can add maintenance and sometimes insurance, too. It's possible that arranging these separately might be cheaper, but if you're looking for maximum ease and simplicity, then it's another benefit to leasing.
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. Likewise, you don't want to overstate the miles you'll do, as this will push up your monthly payments.
Whatever the price for exceeding your mileage is, this figure will be in your lease agreement as a charge per mile, usually around 10p. It’s worth getting in touch with your lease provider if 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 this as it’s often expensive.
These deals are not meant to be broken after all, and often any cancellation can only take place once at least half of your lease term is completed. 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.