Best car lease deals: September 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.

See also

• 0% APR car deals
• Best cars for £99 a month
• Best PCP car deals
• Nearly new car deals
• Zero deposit finance deals
• Best car subscriptions
• Best electric car leasing deals
• Best van finance deals
• New cars with free insurance
• All car finance deals

Best car leasing deals A-Z

Best car leasing deals by price  

Vauxhall Corsa

Vauxhall Corsa
Lease from £152 per month
Vauxhall Corsa review

The Vauxhall Corsa is one of the most recognisable cars in the UK. Chances are you, or someone you know, learned to drive behind the wheel of Vauxhall's supermini. The Corsa's popularity is based on the car's value for money, with the latest model being the best yet in terms of its cost versus the equipment you get - even base models come with most luxuries you need. It may not be quite as exciting to look as the Peugeot 208, with which it shares technology and engines, but otherwise the Corsa is an extremely solid choice.

Vauxhall Corsa 1.2 GS 5dr
Initial payment: £1,370.43
Monthly payment: 23 x £152.27 (£3,502.21)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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Renault Clio

Renault Clio
Lease from £167 per month
Renault Clio review

Not just a common sight in the UK, the Renault Clio is the whole of Europe's most popular supermini. Recently refreshed too, the Clio is good to drive, has plenty of equipment as standard, and the interior itself feels nicely finished. The Clio is a little tight on rear-seat space, but otherwise Renault's fine little supermini remains a great choice for much of what life can throw at it.

Renault Clio 1.0 TCe 90 Evolution 5dr
Initial payment: £2,005.68
Monthly payment: 23 x £167.14 (£3,844.22)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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Nissan Qashqai

Nissan Qashqai
Lease from £199 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 1.5 e-Power Acenta Premium 5dr Auto
Initial payment: £2,382.60
Monthly payment: 23 x £198.55 (£4,566.65)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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Ford Puma

Ford Puma
Lease from £216 per month

The Ford Puma is one the UK's favourite cars, regularly coming out on top of the sales charts. What's the secret to its success? The Puma is based on the now-retired Fiesta, which means that it's sharp to drive for a small SUV and comes with a range of economical engines.

Add in the fact that it features a surprisingly spacious interior and big boot for its size, plus high levels of equipment across the range, and you're starting to understand the breadth of the Puma's appeal.  

Ford Puma 1.0 EcoBoost mHEV ST-Line 5dr
Initial payment: £2,589.24
Monthly payment: 47 x £215.77 (£10,141.19)
Annual mileage limit: 5,000
PCH agreement length: 48 months
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Audi A3 Sportback

Audi A3 Sportback
Lease from £232 per month
Audi A3 review

The Audi A3 Sportback shares much of its engines and technology with the VW Golf, Seat Leon and Skoda Octavia. Despite the fact that all of these brands are part of the wider VW Group, the Audi A3 is certainly the poshest feeling of all these models, thanks to glitzy technology like its LED lights on the outside, and interior packed with the latest features. It's an extremely popular premium hatchback as a result.

Audi A3 Sportback 30 TFSI Sport 5dr
Initial payment: £2,788.32
Monthly payment: 23 x £232.36 (£5,344.28)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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Volkswagen T-Roc

VW T-Roc
Lease from £229 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, which - for the most part - is sensibly designed and well built. It's decent to look at, too, thanks to the fact that the T-Roc is pitched at a slightly younger demographic, and is also comfortable to drive with a range of engines that are cheap to run. 

Volkswagen T-Roc 1.5 TSI EVO R-Line 5dr
Initial payment: £2,747.16
Monthly payment: 23 x £228.93 (£5,265.39)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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Hyundai Tucson

Hyundai Tucson
Lease from £227 per month
Hyundai Tucson review

The Hyundai Tucson is all about flexibility. You can choose from a conventional petrol engined version, a hybrid or plug-in hybrid, depending on how you drive. Whichever model you choose, the Tucson is a very capable family SUV. Its eye-catching exterior design is matched by a nicely made and upmarket feeling interior, but none of this compromises the fact that the Tucson is spacious, cheap to run and easy to live with, making it a solid choice for a whole range of families.

Hyundai Tucson 1.6T N Line
Initial payment: £2,727.84
Monthly payment: 35 x £227.32 (£7,956.20)
Annual mileage limit: 5,000
PCH agreement length: 36 months
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Kia Sportage

Kia Sportage
Lease from £255 per month
Kia Sportage review

The Kia Sportage has gone from a family SUV also-ran to one of the very best of its type. Thanks to the design-led overhaul the car received when the latest version arrived in 2022, the Sportage is certainly striking to look at. However, there's plenty of substance under the skin, too, with a strong choice of economical engines, a spacious interior, plus excellent equipment and high-end technology all available. 

Kia Sportage 1.6T GDi 207 HEV GT-Line 5dr Auto
Initial payment: £3,062.04
Monthly payment: 23 x £255.17 (£5,868.91)
Annual mileage limit: 5,000
PCH agreement length: 24 months
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BMW 1 Series

BMW 1 Series
Lease from £271 per month
BMW 1 Series review

The BMW 1 Series is the smallest car to feature a BMW badge, and has challenged the very idea of what a BMW is. That's thanks to the fact that the 1 Series now uses front-wheel drive, rather than sports-car-like rear-wheel drive, which BMW has previously avoided. The upshot is that the 1 Series still drives well, but features much more space inside and has a great quality-feeling interior, too.

BMW 120 Sport 5dr Step Auto
Initial payment: £3,256.20
Monthly payment: 47 x £271.35 (£12,753.45)
Annual mileage limit: 5,000
PCH agreement length: 48 months
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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.