Best car leasing deals - December 2023

If you're looking for the best value and the cheapest car leasing deals in the UK right now you've come to the right place. We round up the best deals available online.

Car leasing may not be that familiar to many buyers used to seeing mentions of PCP, but leasing is becoming more and more popular. 

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 are essentially more formal terms for 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. 

If you’ve ever dreamt of driving a new car but your budget won’t quite stretch to buying outright, then a car lease could be a dream come true.

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. 

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

  • Lease an Alfa Romeo Tonale for £517 per month, an Alfa Romeo Giulia for £626 per month, or an Alfa Romeo Stelvio for £660 per month, all plus initial rentals

Audi

  • Audi offers leases through VW Financial Services, including the A3 Saloon from £335 per month, A1 from £354 and A6 Avant from £491

Citroen

  • Citroen has a host of PCH deals available, including the C3 hatchback from £189 per month, the E-C4 electric from £339, and the C5 X from £299 per month

Cupra

  • Cupra offers leases through VW Financial Services, including the Formentor SUV from £353 per month and the electric Cupra Born from £408

DS Automobiles

  • All DS models are available for lease, with a DS 3 from £384 per month, a DS 4 from £490 per month, a DS 7 from £571 or a DS 9​ from £940

Fiat

  • Lease a Fiat 500 Mild Hybrid Hatchback for £199 a month plus an initial rental of £995

Ford

  • Ford Mustang Mach-E Select is available at £730 per month on a three-year deal from Ford Personal Contract Hire from Ford Lease

Genesis

  • The Genesis GV70 AWD Sport​​ SUV is available on PCH from £662.40 per month plus £7,948.80 initial rental

Hyundai

  • Hyundai has PCH deals available on a range of cars, from £193 a month for the i10, £306 for the Bayon and £329 per month for the Kona
  • An electric Hyundai Kona starts at £415 per month, and the Ioniq 5 and 6 EVs start from £508

Jaguar

  • Jaguar offers PCH on all of its models, with the E-Pace starting from £705 per month, the I-Pace EV at £775 and the F-Pace at £835. The F-Type starts from £965

Jeep

  • The Jeep Avenger and Compass are available from £349 per month on PCH, the Jeep Renegade costs from £299 per month and the Wrangler from £599 per month

Land Rover

  • All Land Rovers are available to lease. A Defender 110 P400e X-Dynamic SE costs £1089 per month, a Discovery D300 S is £899, and a Discovery Sport P300e PHEV Dynamic SE is £709

Range Rover

  • Range Rovers are available to lease, with a Range Rover Evoque P300e Dynamic SE costing £709 per month, a Range Rover Velar P400e Dynamic SE from £935, a Range Rover Sport D300 Dynamic SE from £1235, and a Range Rover P460e SE from £1529

Renault

  • Lease a Renault Clio for £199 a month, a Captur for £354.14, or an electric Megane E-Tech for £455 per month

Skoda

  • Skoda offers leases through VW Financial Services, including the Octavia from £282 per month, the Fabia from £312 and the Karoq from £347

Subaru

  • The Subaru Solterra EV is available on PCH from £359, the XV e-Boxer from £439, the Forester e-Boxer from £489 and Outback from £469 per month

Volkswagen

  • VW offers leases through VW Financial Services, including the Golf from £287 per month, Tiguan from £321 and T-Roc from £334
  • The electric ID.4 (from £465 per month) and ID.5 (from £504) also include a year's free insurance

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.

Volkswagen Golf Life 1.5 TSI DSG

£287 a month: 3 year lease 

The Volkswagen Golf remains a classy and refined choice when it comes to choosing family hatchbacks that rival the Vauxhall Astra, Hyundai i30 and more. And while the latest Golf's infotainment is tricky to use, it still excels with comfort and refinement to spare, even in the entry level Life spec we've chosen here.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£1721 35 x £287 (£10,045) 10,000 7.2p 2nd January 2024

 

SEAT Ateca 1.0 TSI SE Technology

£285 a month: 3 year lease

SEAT Ateca

Yes, the SEAT Ateca is now a very familiar sight on UK roads, but it remains a cracking family SUV thanks to its combination of space, equipment and surprisingly agile handling. It's currently on offer for lease with the 1.0 litre TSI petrol engine in SE Technology trim - so sat-nav and wireless phone charging are included.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£1710 35 x £285 (£9975) 10,000 6p 18th December

 

Citroen C4 PureTech 130 S&S 6-speed manual Sense Plus

£199 a month: 4 year lease

Citroen C4

The smart thing about the Citroen C4 isn't just that it looks like nothing else when compared with its rivals, it isn't compromised by its striking design either. So it's well equipped, practical and comfortable, but looks good, too. Our tip: lease a C4 petrol manual from Citroen via the firm's website to get the cheapest deal.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£5663

47 x £199 (£9353)

6000 9p 2nd January 2024

 

BMW 320i M Sport

£534 a month: 4 year lease

BMW 3 Series

Although the BMW 3 Series might seem like an entirely predictable and obvious choice, there really are very few better cars out there, let alone posh small executive saloons. A recent facelift brought the infotainment right up to date. Lease a petrol 320i in M Sport spec and enjoy discovering why the 3 Series hype is justified.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£4706.00 47 x £534.50 (£25,121.50) 10,000 10.95p 28th December 2023

 

DS 4 Performance Line + PureTech 130

£462 a month: 4 year lease

Standing out from the crowd your priority? Then why not try the DS 4 for size. It's spacious, luxurious and genuinely offers something fresh from a looks point of view. Add in the fact it's really well equipped and you're on to a winner. Current lease deals are offered on the non-hybrid petrol DS 4.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£2772 47 x £462 (£21,714) 10,000 Contact Dealer 31st December 2023

 

MINI Three-Door Hatchback Cooper Classic

£290 a month: 4 year lease

MINI Hatchback

There are plenty of reasons why the MINI Hatch is one of the UK's favourite new cars. It has a premium badge, great interior, and a strong range of frugal engines. MINI has lots of flexibility on leases, so we featured the cheapest here for a MINI Three-Door Hatch Cooper Classic with an automatic gearbox.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£3000 47 x £290.66 (£13,661.02) 8000 7.3p 28th December

 

Discovery Sport P300e PHEV Dynamic SE

£725 a month: 4 year lease

Discovery Sport

The Discovery Sport is a little long in the tooth now, but if you're after a premium SUV that is properly practical (hello seven seats and huge interior), great off road and comfortable on it, then it's worth a look. We priced up the PHEV model that has just benefited from upgraded infotainment and longer electric range.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£4350 47 x £725 (£34,075) 10,000 18.96p 31st December 2023

 

Renault Austral Techno

£609 a month: 2 year subscription includes insurance

Renault Austral

The Renault Austral is a family SUV with a nice interior and an extremely efficient hybrid powertrain. One thing it isn't is available to lease in a conventional sense, but rather a fully inclusive subscription service. That means there's no initial payment, just a refundable deposit, and insurance is included in your monthly fee.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£0 24 x £609 (£14,616) 9600 25p Ongoing

 

Mazda CX-30 2.0 122PS 2WD Prime-Line

£299 a month: 3 year lease

Mazda CX-30

The Mazda CX-30 is a slightly leftfield choice for buyers looking for a premium SUV that doesn't shout too loudly in the supermarket carpark. It's nice to drive, has a very solid - if cosy - interior and it's efficient, too. The CX-30 petrol in entry level Prime-Line trim is currently on offer for less than £300 per month.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£1797 35 x £299 (£10,465) 10,000 Not stated 31st December 2023

 

Nissan Qashqai e-Power N-Connecta

£465 a month: 2 year subscription includes insurance

Nissan Qashqai

The Nissan Qashqai was one of the very first family SUVs to hit the market, with rivals playing catchup ever since. There's lots more competition around now, but the Qashqai has upped its game too. You can lease one via a Nissan Subscription, including insurance and all maintenance, starting at £645 a month.

>> Find this deal here

Initial Rental Monthly Payments

Mileage Per Year

Excess Mileage Charge (pence per mile)

Deal Available Until

£0 24 x £645 (£15,480) 9600 25p Ongoing

 

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. However, if you’re after a little more flexibility and might want to buy outright, then perhaps consider the PCP option 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 two to five years, depending on your deal. That means you’ll always be driving a car that meets your needs and available budget.

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.

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. 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. 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.