Best car leasing deals 2023

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

Looking to lease a new car? You’ve come to the right place. We’ve scoured the market to find the best car leasing deals available right now from leading brokers, and you’ll find all our top picks below.

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.

  • Guide to car leasing and personal contract hire

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, many of whom offer competitive leasing deals on their latest models, so we've rounded up some of the best car leasing deals available right now.

The best car leasing deals

  • Dacia Duster
  • Citroen C5 X
  • Ford Focus
  • Honda Jazz
  • Hyundai Santa Fe
  • Kia XCeed
  • Mazda 2 Hybrid
  • Mercedes GLC
  • MG ZS EV
  • Renault Captur
  • Skoda Octavia Estate
  • Toyota RAV4
  • Vauxhall Astra
  • Volkswagen Polo

Dacia Duster – £199 per month

  • Model: Duster 1.0 TCe Essential
  • Deposit: £1,791
  • Term: 48 months
  • Engine: 1.0-litre 3cyl petrol
  • Seats: 5
  • Economy: 45.6mpg
  • Boot space: 445 litres

The Dacia Duster has more space and arguably kerb appeal than the Sandero. It’s an honest SUV for those who want practicality but aren’t worried about the trimmings. 

This Duster here is in the basic Essential trim, but it’s not completely barren in terms of equipment, and the steel wheels suit the Dacia rather well. It is behind plusher rivals when it comes to its safety features and the quality of its interior trim, so you may wish to opt for the Sandero for these elements.

View the latest Dacia Duster deals at…

Citroen C5 X – £320 per month

  • Model: C5 X 1.2 PureTech Shine Plus EAT8
  • Deposit: £2,877
  • Term: 48 months
  • Engine: 1.2-litre 3cyl petrol
  • Seats: 5
  • Economy: 41.1mpg
  • Boot space: 545 litres

Citroen must be commended for bringing out the C5 X, which seeks to get new-car buyers interested in estate cars again, by blending the traditional wagon shape with the kind of ride height and tough body cladding you’d expect from an SUV. It features Citroen’s trademark ride comfort, a classy cabin, and great looks. 

It works out a little more expensive than we’d like on a lease deal, but the mid-grade Shine trim level of our chosen example has a decent list of standard kit. The 1.2-litre engine is a good fit for the car, too, although the eight-speed automatic gearbox it’s paired with isn’t the slickest.

View the latest Citroen C5 X deals at…

Ford Focus – £288.77 per month

  • Model: Focus 1.0 EcoBoost ST-Line
  • Deposit: £2,598.93
  • Term: 48 months
  • Engine: 1.0-litre 3cyl petrol
  • Seats: 5
  • Economy: 52.3mpg
  • Boot space: 375 litres

Following the demise of the Fiesta, the Focus will soon become the longest-serving member of Ford’s shrinking UK passenger car lineup. Fortunately, thanks to features such as a well-judged chassis and spacious cabin, it’s still able to compete with newer rivals.

Not only is the Focus entertaining to drive, but it should also prove to be a safe and dependable family car. Ford customers appear to be a satisfied bunch, as the Ecosport small SUV, Fiesta supermini, Puma crossover and Kuga mid-size SUV all made an appearance in our 2022 Driver Power survey, while the Focus itself boasts a five-star Euro NCAP safety rating,

View the latest Ford Focus deals at Select Car Leasing…

Honda Jazz – £292 per month

  • Model: Jazz 1.5 i-MMD Hybrid SR
  • Deposit: £2,624
  • Term: 48 months
  • Engine: 1.5-litre 4cyl petrol hybrid
  • Seats: 5
  • Economy: 62.8mpg
  • Boot space: 304 litres

Honda’s decision to sell the Jazz only with a hybrid powertrain makes for an expensive supermini. It’s great tech, however, blending an Atkinson-cycle petrol engine with two electric motors and a battery. It all works together brilliantly, giving good refinement and stellar economy: 62.8mpg on the combined cycle. 

The Jazz is a practical car, too, thanks partly to the ‘Magic Seats’, the bases of which fold up to make it easier to get bulky items across the rear floor. Fold the seats flat and the load space is an impressive 1,205 litres.

View the latest Honda Jazz deals at…

Hyundai Santa Fe – £450 per month

  • Model: Santa Fe 1.6 TGDi PHEV Premium auto
  • Deposit: £2,699
  • Term: 48 months
  • Engine: 1.6-litre 4cyl plug-in hybrid
  • Seats: 7
  • Economy: 173.7mpg
  • Boot space: 571 litres

Previous-generation Sante Fe models were rather bland inside and out, but that’s certainly not the case with the latest version. Housed in its more distinctive bodyshell is a big seven-seater cabin, although the third row of seats doesn’t offer masses of space. 

The plug-in hybrid version in this deal combines a 13.8kWh battery, an electric motor and a 1.6-litre petrol engine for 261bhp and an electric range of 36 miles. The Santa Fe is competent rather than exciting, but that will be fine for most buyers.

View the latest Hyundai Santa Fe deals at…

Kia XCeed – £240 per month

  • Model: XCeed 1.5 GDi ISG 2
  • Deposit: £2,162
  • Term: 48 months
  • Engine: 1.5-litre 4cyl petrol
  • Seats: 5
  • Economy: 46.3mpg
  • Boot space: 426 litres

Owners clearly love their XCeeds, because in our 2022 Driver Power Survey the crossover was the top-scoring model, with a 93.3 per cent satisfaction rate. The Kia had great results across the board in every area, while winning the exterior and ride categories. 

For less than £250 a month, you’ll be getting the base 2 trim, although its standard equipment list features an eight-inch touchscreen with smartphone connectivity, a parking camera and LED headlights.

View the latest Kia XCeed deals at…

Mazda 2 Hybrid – £277.25 per month

  • Model: Mazda2 1.5i Hybrid Agile 5dr CVT Comfort Pack
  • Deposit: £2,495.25
  • Term: 48 months
  • Engine: 1.5-litre 3cyl petrol hybrid
  • Seats: 5
  • Economy: 74.3mpg
  • Boot space: 286 litres

If you think the Mazda 2 Hybrid looks familiar, that’s because it’s a rebadged version of the Toyota Yaris. Not only does this mean that the 2 has the same funky styling as its supermini sibling, but it can also travel at up to 80mph on pure-electric power.

The 2 Hybrid on offer here is in Agile trim including the optional Comfort Pack. This adds upgraded LED lighting, a digital dashboard and dual-zone climate control to an already generous amount of standard kit.

View the latest Mazda 2 Hybrid deals at Lease4Less…

Mercedes GLC – £466 per month

  • Model: GLC 220 d 4MATIC AMG Line
  • Deposit: £4,198
  • Term: 48 months
  • Engine: 2.0-litre 4cyl diesel
  • Seats: 5
  • Economy: 52.3mpg
  • Boot space: 600 litres

Mercedes makes some of the plushest SUVs currently available, and the GLC might just represent the sweet spot. It’s a good size, offering a decent amount of interior space in a reasonably compact footprint, while the high-quality cabin is a real highlight. 

This goes nicely with the GLC’s relaxed attitude, with the car focusing more on comfort than outright handling. Our pick features the base diesel engine and AMG Line trim, the latter adding various sporty styling touches.

View the latest Mercedes GLC deals at…

MG ZS EV – £318.17 per month

  • Model: ZS EV 130kW SE 51kWh
  • Deposit: £2,863.53
  • Term: 48 months
  • Powertrain: 51kWh battery, 1x e-motor
  • Seats: 5
  • Range: 198 miles
  • Boot space: 470 litres

The fully-electric version of MG’s mid-size SUV may not be as eye-catching or as fun to drive as some of its many rivals, but it is a very affordable way into electric car ownership. 

The ZS EV is actually one of the largest and most practical EVs in its price bracket, making it a great choice for those seeking a zero-emission family car. A facelift in 2021 saw the ZS EV get an exterior refresh to help it stand out from its petrol-powered sibling, but some interior surfaces and materials still look cheap, however.

View the latest MG ZS EV deals at Lease4Less…

Renault Captur  – £256 per month

  • Model: Captur 1.6 E-Tech full hybrid 145 Evolution
  • Deposit: £1,535
  • Term: 48 months
  • Engine: 1.6-litre 4cyl petrol hybrid
  • Seats: 5
  • Economy: 56.5mpg
  • Boot space: 326 litres

The current Captur was a great car when it first launched, combining comfort and practicality in a decent-looking package. And it got even better in 2021, when Renault launched a full-hybrid version capable of great efficiency and some electric-only running. 

This set-up does mean the boot space drops a fair bit, from 422 litres in pure-ICE models to 326, but you can bump this up to 440 by sliding the rear bench forward – handy when you don’t need to worry about rear legroom. 

View the latest Renault Captur deals at…

Skoda Octavia Estate – £276.95 per month

  • Model: Octavia Estate 1.0 TSI SE Technology
  • Deposit: £2,492.55
  • Term: 48 months
  • Engine: 1.0-litre 3cyl petrol
  • Seats: 5
  • Economy: 53mpg
  • Boot space: 640 litres

We think that the Skoda Octavia Estate is so good that we’ve named it our Estate Car of the Year for the past three years. There’s plenty of space for passengers and cargo alike, the build quality is solid and it’s even good to drive.

The 108bhp 1.0-litre petrol engine on offer here is certainly not the quickest option, but it should return over 50mpg with relative ease. 

View the latest Skoda Octavia Estate deals at Select Car Leasing…

Toyota RAV4 – £256 per month

  • Model: RAV4 2.5 VVT-i Hybrid Design CVT 2WD
  • Deposit: £3,330
  • Term: 48 months
  • Engine: 2.5-litre 4cyl petrol hybrid
  • Seats: 5
  • Economy: 48.2-50.4mpg
  • Boot space: 580 litres

The current RAV4 is one of a few cars that helped Toyota shed its previously rather dull image. Its bold body houses a spacious interior and an efficient hybrid powertrain shared with the Lexus ES, but not everyone will like the CVT gearbox. 

Another minus is the sub-par infotainment system, but the RAV4 makes up for this with a smooth ride. Our pick is only the two-wheel- drive model, but for the vast majority of buyers, there’s little need to go for the 4WD version. 

View the latest Toyota RAV4 deals at…

Vauxhall Astra – £238 per month

  • Model: Astra 1.2 Turbo 130 Design
  • Deposit: £2,139
  • Term: 48 months
  • Engine: 1.3-litre 4cyl petrol
  • Seats: 5
  • Economy: 52.3mpg
  • Boot space: 422 litres

The Astra is a car that moved the game on massively from its middle-of-the-road predecessor. Perhaps the biggest contrast is the looks. Replacing the generic, blob-like body of the Astra K is a sharply styled machine that’s one of the most handsome in the segment. 

There’s substance to go with that, though, with a new platform from parent group Stellantis helping the Astra offer great tech and sharp handling. For this money, you are looking at an entry-level engine and trim combination, but that’ll still make for a fine car.

View the latest Vauxhall Astra deals at…

Volkswagen Polo – £249 per month

  • Model: Polo ​1.0 TSI R-Line
  • Deposit: £2,238
  • Term: 48 months
  • Engine: 1.0-litre 3cyl petrol
  • Seats: 5
  • Economy: 54.4mpg
  • Boot space: 351 litres

The Volkswagen Polo comes with a whole heap of badge appeal, which helps makes it a popular supermini. Plus our selected Polo is in the R Line trim, which builds on the Style grade with a sportier look, a clever ‘Travel Assist’ feature, a smart digital instrument cluster and more hi-tech features. 

It looks handsome from the outside, while on the inside, the latest version of the Polo is clearly a much higher-quality product than many rivals. Best of all, it has the feel of a car from the segment above.

View the latest Volkswagen Polo deals at…

How does car leasing work?

Car leasing deals work in the same way as Business Contract Hire (BCH) offers, 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 providers, 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.

Independent lease broker deals

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.

While the figures above 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.

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. 

Looking to sell your current car quickly and for a good price? We’ve partnered with Motorway to bring you the best offer from its network of UK dealers…

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