I can’t comment on them either way as a company but Ling’s Cars website gives prices for miles up to 20k a year on some cars. In a few cases you need to contact them for a price but it’s a starting point.

Going back to the OP’s maths it makes sense to consider leasing but it’s not looking back that counts. It’s the future of the car market you need a crystal ball to predict. For what’s worth my then one year old Golf cost me £15k just pre Covid. Last time I checked the sites were offering £12k so it’s lost only £3k in 4 years. Dealers still ask up to the £15k I paid. Very different experience then based on timing.

Edited by catsdad on 04/08/2023 at 05:12

I use LeaseLoco when I want to check out lease prices. Just had a look and you can get a Kia Ceed Sportwagon 1.5t for £170 per month with a £1.5k initial payment (5k miles per annum, 2 year lease). Seems a decent deal?

If you fancy electric you can get an Ora Funky Cat (48kWh) for just under £200 per month with a just under £1.8k initial payment (5k miles per annum)

Do you ever get lease deals that a decent but allow for higher mileages - we do around 20k a year so a the usual 5k would not work well at all.

Absolutely, you can adjust your own preferences for mileage, monthly payment, initial payment, lease duration, etc.

But going for a 20k milage allowance does make quite a difference to the overall cost. Here are a couple of the more affordable available:

Skoda Scala 1.0TSI 95 SE Technology, £260 per month with an initial payment of £1550 (3 year term)

Suzuki S-Cross 1.4 Boosterjet (MHEV), £290 per month with an initial payment of just over £1.7k (2 year term)

MG HS 1.5t SE, £340 per month with an initial payment of just over £2k (4 year term)

Kia Sportage 1.6t 2, £360 per month with an initial payment of just under £2.2k (4 year term)

Changing cars on a whim is great for the seller.

From a private owner's viewpoint it is financial innumeracy.

But if you have money to burn...