Best car lease deals: June 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 June 13, 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

Audi

Audi offers leases through VW Financial Services, including the Audi Q2 from £368, the Audi A6 Saloon from £503, and the Audi Q5 from £587. Find out more on these deals

BMW

BMW offers most of its range on PCH, including the BMW 118i M Sport for £352.55, BMW i4 eDrive35 M Sport for £549.84 and the BMW iX1 eDrive20 M Sport for £581.09 per month. Find out more on these deals

Citroen

Citroen has PCH deals including the Citroen C3 from £249 per month, the Citroen C4 from £339, and the Citroen C5 X from £439 per month. Find out more on these deals

Cupra

Cupra offers leases through VW Financial Services, including the Cupra Formentor from £335 per month, the Cupra Born from £360, and the Cupra Leon and Cupra Ateca from £415. Find out more on these deals

DS Automobiles

All DS models are available for lease, with a DS 3 from £299 per month, a DS 4 from £349 per month, a DS 7 from £439 or a DS 9​ from £849. Find out more on these deals

Fiat

Lease a Fiat 500 for £199, a Fiat 500e or Fiat 600 Hybrid for £299, or a Fiat 600e for £399 per month. Find out more on these deals

Ford

Ford Mustang Mach-E Select is available at £575 per month on a three-year deal from Ford Personal Contract Hire from Ford Lease. Find out more on this deal

GWM

The GWM Ora Pro+ and GWM Ora Pure+ are available to lease for £239 per month over 36 months, with the former limited to 5,000 miles per year, and the latter 8,000. Find out more on these deals

Hyundai

Hyundai has PCH deals including £244 for a Hyundai i10, £278 for a Hyundai i20 or £329 per month for a Hyundai Kona. The Hyundai Ioniq 5 and Hyundai Ioniq 6 EVs start from £299 a month. Find out more on these deals

Jaguar

Jaguar offers PCH on all of its models, with the Jaguar E-Pace starting from £629 per month, the Jaguar F-Pace at £675 and the Jaguar I-Pace EV at £905. The Jaguar F-Type starts from £1,065. Find out more on these deals

Jeep

The Jeep Avenger is available on PCH from £239 per month, the Jeep Renegade from £319 per month, the Jeep Compass from £359 per month and the Wrangler and Grand Cherokee from £599 per month. Find out more on these deals

Land Rover

Land Rover Defender 110 leases start at £975 per month, Land Rover Discovery at £899, and Land Rover Discovery Sport at £765. Find out more on these deals

Mazda

Mazda offers a selected range of models on PCH. The Mazda MX-30 costs from £275, the Mazda CX-60 costs £479 and the Mazda2 Hybrid costs from £292 per month. Find out more on these deals

Polestar

The standard range Polestar 2 Single Motor is available to lease for £463.24 per month on a 48-month deal with £558.83 down. Find out more on this deal

Range Rover

Range Rover Evoque on PCH starts at £639 per month, a Range Rover Velar from £775, a Range Rover Sport from £1,059, and a Range Rover from £1,789. Find out more on these deals

Renault

PCH for a Renault Clio costs from £239, Renault Arkana costs from £372, a Renault Megane E-Tech from £494, the Renault Austral from £374, and the Renault Scenic from £451 per month. Find out more on these deals

SEAT

SEAT offers leases through VW Financial Services, including the SEAT Ibiza from £270, the SEAT Arona from £300 and the SEAT Ateca from £330 per month. Find out more on these deals

Skoda

Skoda offers leases through VW Financial Services, including the Skoda Scala from £290, Skoda Fabia from £291, the Skoda Kamiq from £307, the Skoda Karoq and Skoda Octavia from £325, the Skoda Superb from £420, the Skoda Kodiaq from £425, and the Skoda Enyaq from £553. Find out more on these deals

Subaru

The Subaru Crosstrek is available on PCH from £399, the Subaru Forester e-Boxer from £499 and Subaru Outback from £449 per month. Find out more on these deals

Tesla

The Tesla Model Y SUV is available from £399 a month, while the facelifted Tesla Model 3 starts from £499 per month. Find out more on these deals

Vauxhall

Vauxhall offers some of its models with PCH. Prices start at £239 a month for a Vauxhall Corsa, £279 for a Vauxhall Mokka, and £305 for a Vauxhall Astra. Find out more on these deals

VolkswagenVolkswagen Tiguan

VW offers leases through VW Financial Services, including the Volkswagen Polo from £280 per month, VW Taigo from £340, the VW Golf from £410, and Volkswagen Tiguan from £447. Find out more on these deals

Volvo

Leasing deals include the Volvo XC40 from £299 a month, the Volvo XC60 from £429 and the Volvo XC90 from £599. EV deals include the Volvo EX30 from £399, the Volvo XC40 Recharge from £449 and Volvo C40 Recharge from £499. Find out more on these deals

Best car leasing deals by price  

Citroen C3

Citroen C3
Lease from £147 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 two years of motoring for just under £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: 23 x £147.16 (£3,384.68)
  • Initial payment: £1,594.44
  • Length of lease: 24 months
  • Annual mileage limit: 6,000
  • See this deal

Hyundai i10

Hyundai i10
Lease from £156 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: 47 x £156.19 (£7,340.93)
  • Initial payment: £1,405.71
  • Length of lease: 48 months
  • Annual mileage limit: 5,000
  • See this deal

Fiat 500

Fiat 500
Lease from £157 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 under £160 per month for both the hatchback and the 500C convertible models. As with most budget-friendly lease deals, you are limited to 6,000 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 3dr
  • Monthly payment: 35 x £157.45 (£5,510.75)
  • Initial payment: £1,447.05
  • Length of lease: 36 months
  • Annual mileage limit: 6,000
  • See this deal

Kia ProCeed

Kia ProCeed
Lease from £224 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 in stock and ready to drive away.

  • Kia ProCeed 1.5T GDi ISG GT-Line 5dr
  • Monthly payment: 23 x £223.61 (£5,143.03)
  • Initial payment: £2,282.49
  • Length of lease: 24 months
  • Annual mileage limit: 5,000
  • See this deal

Peugeot e-208

Peugeot e-208
Lease from £237 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 £236.92 (£8,292.20)
  • Initial payment: £2,325.28
  • Length of lease: 36 months
  • Annual mileage limit: 5,000
  • See this deal

Nissan Qashqai

Nissan Qashqai
Lease from £238 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
  • Monthly payment: 23 x £237.94 (£5,472.62)
  • Initial payment: £2,141.46
  • Length of lease: 24 months
  • Annual mileage limit: 5,000
  • See this deal

Skoda Octavia

Skoda Octavia
Lease from £242 per month
Skoda Octavia review

The Skoda Octavia is one of the finest all-round family cars money can buy. As ever, it's based on the same VW Group underpinnings as the VW Golf, so has the same range of economical and smooth engines, and much of the same tech, too. The Octavia's ace card is that it offers all this plus significantly more space for passengers and luggage at a cheaper price. What's not to like?

  • Skoda Octavia 1.0 TSI SE Technology 5dr
  • Monthly payment: 23 x £241.72 (£5,559.56)
  • Initial payment: £2,175.48
  • Length of lease: 24 months
  • Annual mileage limit: 5,000
  • See this deal

Volkswagen T-Roc

VW T-Roc
Lease from £252 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.

  • Volkswagen T-Roc 1.5 TSI EVO R-Line DSG 5dr
  • Monthly payment: 47 x £251.54 (£11,822.38)
  • Initial payment: £2,263.86
  • Length of lease: 48 months
  • Annual mileage limit: 5,000
  • See this deal

Renault Austral E-Tech

Renault Austral E-Tech
Lease from £262 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 £261.69 (£6,018.87)
  • Initial payment: £2,594.21
  • Length of lease: 24 months
  • 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.