Best cars & vans

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 best car leasing deals provided by a range of independent brokers...

  1. Alfa Romeo Giulia
  2. BMW 2 Series
  3. Jaguar E-Pace
  4. Mazda2
  5. SEAT Ibiza
  6. Skoda Enyaq iV
  7. Vauxhall Astra
  8. Volvo XC40

Alfa Romeo Giulia

  • Model: Giulia 2.0 200hp Sprint
  • Monthly payments: £475
  • Initial rental: £4,275
  • No. of payments: 47
  • Annual mileage: 6,000
  • Excess mileage: Charges apply

If you’re a saloon driver who wants to stand out from the usual German crowd, then it's likely that Alfa Romeo or Volvo is at the top of your shopping list. The Giulia has sleek style and sparkling handling, as one would expect from an Italian car, and the running costs are reasonable. There’s even an impressive amount of boot and passenger space, meaning that you can easily use the Giulia on a daily basis.

For £475 a month you can have a Giulia in Sprint trim with a turbocharged 2.0-litre petrol engine producing 200bhp. Although this is the base trim level, you still get plenty of luxury touches including an 8.8-inch touchscreen infotainment system, active cruise control and a sporty faux-leather interior.

View this deal

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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Jaguar E-Pace

  • Model: E-Pace 2.0 D200 R-Dynamic Black
  • Monthly hire charge: £565
  • Initial rental: £6,780
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 18.24p/mile

The smallest Jaguar SUV certainly doesn’t skimp when it comes to premium touches. LED headlights, 18-inch alloy wheels, an 11.4-inch touchscreen, 12-way electrically adjustable and heated leather seats, and even traffic-sign recognition all feature on the R-Dynamic trim car that’s on offer here. What’s more, being a D200 this particular E-Pace should also return over 40mpg pretty easily.

View this deal

Mazda2

  • Model: Mazda2 Hybrid Pure Auto
  • Monthly hire charge: £255
  • Initial rental: £1,532
  • 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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SEAT Ibiza

  • Model: Ibiza FR 1.0 TSI 110PS
  • Monthly hire charge: £239
  • Initial rental: £1,434
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 3.6p/mile

The latest SEAT Ibiza sits on parent group 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: £546
  • Initial rental: £3,276
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: 13.74p

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: £450
  • Initial rental: £4,050
  • 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 £450 a month on a lease deal, following an initial payment of £4,050.

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, so if you can commit to keeping a car for 60 months, prices will drop dramatically.

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 at 20 per cent.

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 Q3 - £354.81 per month

  • Model: Q3 35 TFSI Technik 5dr
  • Monthly hire charge: £354.81
  • Initial rental: £3,193.23
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Lease4Less

Citroen C5 Aircross - £266.26 per month

  • Model: C5 Aircross 1.2 PureTech Shine 5dr
  • Monthly hire charge: £266.26
  • Initial rental: £2,396.34
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Fiat 500 - £250.06 per month

  • Model: 500 87kW Icon 42kWh
  • Monthly hire charge: £250.06
  • Initial rental: £2,250.54
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Ford Puma - £240.12 per month

  • Model: Puma 1.0 EcoBoost Hybrid mHEV Titanium
  • Monthly hire charge: £240.12
  • Initial rental: £2,161.08
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Honda HR-V - £354.55 per month

  • Model: HR-V 1.5 eHEV Elegance 5dr CVT
  • Monthly hire charge: £354.55
  • Initial rental: £3,190.95
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Select Car Leasing

Hyundai Tucson - £246.43 per month

  • Model: Tucson ​​1.6 TGDi SE Connect 5dr 2WD
  • Monthly hire charge: £246.43
  • Initial rental: £2,217.87
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Kia e-Niro - £367.50 per month

  • Model: e-Niro 150kW 2 Long Range 64kWh
  • Monthly hire charge: £367.50
  • Initial rental: £3,307.50
  • No. of payments: 47
  • Annual mileage: 5,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Mercedes E-Class - £497.84 per month

  • Model: E220d 200 Sport 4dr 9G-Tronic
  • Monthly hire charge: £497.84
  • Initial rental: £4,480.56
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Leasing.com

MG ZS EV -  £301.81 per month

  • Model: ZS EV 130kW SE EV 51kWh
  • Monthly hire charge: £301.81
  • Initial rental: £2,716.29
  • No. of payments: 47
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Lease4Less

Peugeot 308 - £247.84 per month

  • Model: 308 Hatchback 1.2 PureTech Allure Premium
  • Monthly hire charge: £247.84
  • Initial rental: £2,230.56
  • No. of payments: 48
  • Annual mileage: 8,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Tesla Model 3 - £424.39 per month

  • Model: Model 3 RWD
  • Monthly hire charge: £424.39
  • Initial rental: £3,819.51
  • No. of payments: 35
  • Annual mileage: 5,000
  • Excess mileage: charges apply

View this deal from Leasing.com

Toyota Corolla - £247.80 per month

  • Model: Corolla Touring Sport 1.8 VVT-i Hybrid Icon CVT
  • Monthly hire charge: £247.80
  • Initial rental: £2,230.20
  • No. of payments: 47
  • Annual mileage: 10,000
  • Excess mileage: charges apply

View this deal from Leasing.com

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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