Best car leasing deals 2022

If you're looking for a cheap way to drive around in a brand new motor then car leasing could be ideal - here are some great new car leasing deals available right now

Car leasing, or Personal Contract Hire (PCH), is a popular finance option for those wanting a brand new car at an affordable monthly price. Car leasing deals are ideal if you don’t have the finances to buy a car outright, or if you simply aren’t interested in owning the car at the end of the finance agreement.

Leasing deals work like a car rental and because there’s no lump sum to pay at the end of the agreement and you never actually own the car, the monthly payments will usually be lower than with Personal Contract Purchase (PCP) or Hire Purchase (HP) car finance deals.

There are many suppliers to choose from when leasing a car, including the car manufacturers themselves, so we've rounded up some of the best car leasing deals available right now.

Read on for our list of the best manufacturer leasing deals, or scroll down further for the best car leasing deals provided by a range of independent brokers...

  1. BMW 2 Series
  2. Mazda2 Hybrid
  3. MINI Hatchback
  4. Renault Megane E-Tech Electric
  5. SEAT Ibiza
  6. Skoda Enyaq iV
  7. Vauxhall Astra
  8. Volvo XC40

BMW 2 Series

  • Model: 218i M Sport Gran Coupe
  • Monthly hire charge: £413.28
  • Initial rental: £4,580.27
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 9.05p/mile

The BMW 2 Series Gran Coupe offers the sleek appearance of a coupe but with the added practicality of four doors. The 218i on offer here is fitted with the more humble 136bhp 1.5-litre petrol engine, so while it might not blow you away with its performance, it will be kinder to your wallet with claimed fuel economy of well over 40mpg.

In the 218i M Sport Gran Coupe you will get model-specific styling tweaks and a sports interior, along with added premium touches such as cruise control, automatic headlight beam-throw control, and a 10.25-inch touchscreen infotainment system.

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Mazda2 Hybrid

  • Model: Mazda2 Hybrid Pure Auto
  • Monthly hire charge: £255
  • Initial rental: £1,531
  • No. of payments: 35
  • Annual mileage: 10,000
  • Excess mileage: Charges apply

If you think that the Mazda2 Hybrid looks familiar, that’s because it’s essentially a rebadged Toyota Yaris. This is certainly no bad thing, as the proven Toyota hybrid technology that’s fitted to the Mazda is capable of returning over 70mpg. What’s more, it emits under 100g/km of CO2, so it’s not only better for the environment, but for your bank account too. 

Pick the Pure spec model, as on offer here, and you’ll be rewarded with a generous amount of kit, including automatic windscreen wipers, air-conditioning, a seven-inch infotainment system, traffic sign recognition and lane departure warning.

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MINI Hatchback

  • Model: 3-door Hatch Cooper Classic
  • Monthly hire charge: £295.02
  • Initial rental: £3,000
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: 5.84p/mile

The Mini has been a British icon ever since the original car made its debut in 1959. Today, the BMW-owned MINI brand offers impressive levels of quality and driver appeal from its increasingly broad range of models. 

On offer here is the 3dr Hatch in Cooper Classic trim. While this model may not be the most practical MINI, it does offer plenty of character and driving enjoyment. The 134bhp 1.5-litre petrol engine pulls strongly, so the MINI shouldn’t be too out of its depth when it comes to motorway and longer-distance driving. The car’s fun factor shouldn’t cost too much at the pumps, either, as the 1.5-litre Cooper is capable of returning over 50mpg.

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Renault Megane E-Tech Electric

  • Model: Megane E-Tech Electric Equilibre
  • Monthly hire charge: £459
  • Initial rental: £3,043
  • No. of payments: 35
  • Annual mileage: 6,000
  • Excess mileage: charges apply

The Megane E-Tech Electric is the latest fully-electric model to come from Renault, and is based on the brand’s new CMF-EV platform. After the success of the ZOE, Renault has developed and expanded on its EV knowledge to transform the Megane into a family-friendly electric car that is easy to live with.

The trim on offer here is the Equilibre, and this is fitted with a 60kWh battery that offers a claimed range of up to 280 miles. There’s plenty of on-board tech to be found, too, including a slick Google-powered infotainment system complete with “hey Google” voice control.

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SEAT Ibiza

  • Model: Ibiza FR 1.0 TSI 110PS
  • Monthly hire charge: £249
  • Initial rental: £1,494
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 3.6p/mile

The latest SEAT Ibiza sits on the Volkswagen Group’s MQB platform - the same one used on models such as the VW Polo and Skoda Fabia - yet it follows the typical SEAT formula of offering very high levels of on-board tech and build quality for a supermini, all wrapped up in a stylish body.

The Ibiza is quiet and refined to drive, too, and while the 1.0-litre three cylinder engine on offer here has a bit more power than the MPi unit, it should still easily return over 50mpg. When the model was originally tested in 2017, it also scored a Euro NCAP safety rating of five stars.

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Skoda Enyaq iV

  • Model: Enyaq iV 80
  • Monthly hire charge: £602.44
  • Initial rental: £3,614.62
  • No. of payments: 47
  • Annual mileage: 15,000
  • Excess mileage: 9.89p

Skoda’s first fully-electric car looks to follow the brand’s ‘simply clever’ ethos by providing all the space and on-board tech you could need from an SUV, but without any unnecessary flamboyance. 

The Enyaq iV 80 on offer here benefits from the model’s highest claimed battery range of 336 miles. Add this to low running costs, 135kW rapid-charging capability, and a 585-litre boot, and you can see that the Enyaq is a pretty solid choice as an electric family car. 

On top of this, you will also find comforts such as dual-zone climate control, keyless go, rear parking sensors, and ambient lighting. There’s an added bonus with this deal, too, as it includes Skoda’s ‘small’ Leasecare package. This provides all routine servicing, brake fluid changes, pollen filter replacement, Driverline concierge service, and roadside assistance.

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Vauxhall Astra

  • Model: Astra 1.2 Turbo (130PS)
  • Monthly hire charge: £375
  • Initial rental: £4,500
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

The new Vauxhall Astra family hatchback is now up for lease, and the model on offer here is equipped with a 1.2-litre turbocharged petrol engine and finished in striking Electric Yellow paintwork. It also cuts a dash thanks to a set of 18-inch diamond cut alloy wheels.

The new Astra’s equipment certainly impresses, with Vauxhall’s latest dashboard layout ushering in both a 10-inch infotainment touchscreen and a 10-inch instrument cluster display, along with Android Auto and Apple CarPlay. There’s also a heated windscreen for frosty mornings, a panoramic sunroof for summer drives and adaptive IntelliLux Pixel headlights, along with Alcantara seats.

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Volvo XC40

  • Model: XC40 B3 Core FWD Automatic
  • Monthly hire charge: £434
  • Initial rental: £3,096
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 13.8p/mile

A few years ago the Volvo XC40 was the new kid on the block, and while it might not be at the top of its class any more, it’s still not far away from it. The Swedish SUV offers a chunk of Scandinavian cool that few rivals can match – and most of them can’t beat this model’s price, either. 

Core is the entry-level trim, but that’s a relative term here because this is a premium SUV. Buying a new one outright will cost you more than £35,000 but Volvo can put you in the driving seat for £434 a month on a lease deal, following an initial payment of £3,096.

View this deal

Car leasing: best independent lease broker deals 2022

If the car of your dreams isn’t offered by a manufacturer-promoted lease scheme, don’t worry. Instead you can acquire your car from a leasing broker. These are independent firms that use their expertise to negotiate supply and funding deals with car makers and lending companies, and stitch together leasing deals for all manner of vehicles. In some cases the brokers offer extended contract terms too.

Lease brokers have traditionally been focused on the fleet market, but nowadays there are plenty who offer lease deals to private customers, too. The main difference between private and fleet or business lease deals is cost, because prices for business leases are quoted without VAT being added.

To illustrate the wide range of leasing deals available, we’ve rounded up a number of quotes from leasing brokers for a selection of models not currently available through a manufacturer’s in-house PCH plan. While the figures below are a good starting point, take care when assessing quotes since some lease deals may involve additional admin or set-up fees. It’s also vital to scrutinise the cost of exiting a lease contract early, because ‘penalty’ charges for termination can be significant.

Audi A4 - £278.74 per month

  • Model: A4 35 TFSI Technik 4dr S Tronic
  • Monthly hire charge: £278.74
  • Initial rental: £2,508.66
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Citroen C3 Aircross - £225.19 per month

  • Model: C3 Aircross 1.2 PureTech 110 Shine
  • Monthly hire charge: £225.19
  • Initial rental: £2,026.71
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Dacia Jogger - £218.17 per month

  • Model: Jogger 1.0 TCe Essential 
  • Monthly hire charge: £218.17
  • Initial rental: £1,963.53
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Lease4Less

Ford Fiesta - £237.35 per month

  • Model: Fiesta 1.0 EcoBoost ST-Line
  • Monthly hire charge: £237.35
  • Initial rental: £2,136.15
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Honda Civic - £325.40 per month

  • Model: Civic 1.0 VTEC Turbo 126 SE
  • Monthly hire charge: £325.40
  • Initial rental: £2,928.60
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Hyundai Tucson - £282 per month

  • Model: Tucson ​​1.6 TGDi SE Connect 2WD
  • Monthly hire charge: £282
  • Initial rental: £2,538
  • No. of payments: 35
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Lease4Less

Kia Niro EV - £356.53 per month

  • Model: Niro EV150kW 2 64kWh
  • Monthly hire charge: £356.53
  • Initial rental: £3,208.77
  • No. of payments: 35
  • Annual mileage: 5,000
  • Excess mileage: charges apply

View this deal at Select Car Leasing

MG ZS EV -  £308.97 per month

  • Model: ZS EV 115kW SE Long Range 73kWh
  • Monthly hire charge: £308.97
  • Initial rental: £2,780.73
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Peugeot 308 - £256.79 per month

  • Model: 308 Hatchback 1.2 PureTech Allure Premium
  • Monthly hire charge: £256.79
  • Initial rental: £2,311.11
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Tesla Model 3 - £462.57 per month

  • Model: Model 3 RWD
  • Monthly hire charge: £462.57
  • Initial rental: £4,163.13
  • No. of payments: 47
  • Annual mileage: 5,000
  • Excess mileage: charges apply

View this deal at Leasing.com

Toyota Corolla - £253.39 per month

  • Model: Corolla Touring Sport 1.8 VVT-i Hybrid Icon CVT
  • Monthly hire charge: £253.39
  • Initial rental: £2,280.51
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal at Lease4Less

How does car leasing work?

Car leasing deals work in the same way as the many Business Contract Hire (BCH) offers available, except VAT is included. You pay an advance rental payment or deposit, select your annual mileage and contract length, and then pay a flat monthly fee for the duration of your agreement. When your contract ends, you hand the car back.

Traditionally, leasing a new car is simpler and easier than a Personal Contract Purchase (PCP) and more importantly, it generally has lower monthly payments. For these reasons, lease deals are growing in popularity, with a large number of motorists simply handing back their cars at the end of the lease and signing for a new one straight away. As popularity is growing, so is the competition between manufacturers, meaning as a buyer you have the freedom to choose from the cream of the crop. 

In addition to the cheaper monthly payments, car leasing can offer many other useful benefits that could help you avoid the faff of dealing with independent dealerships. Car tax, breakdown cover, car maintenance and tyre repair and replacement can all be included within your agreed payment plan. So if you’re thinking of heading down the car leasing route, we’re here to help.

Business car leasing

If you’re a VAT-registered business user there could be more financial benefits from leasing your car or cars. Many leasing companies quote two prices: a personal lease and a business lease. Our prices are all for the former aimed at private customers, but business prices are without the 20 per cent VAT, which makes these deals even more affordable. Just remember, the contract has to be taken out by a business or sole trader, though, and the VAT rebate is limited to 50 per cent if the car is used for private mileage. 

Now read more about business car leasing...

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