The cheapest new car leasing deals

Driving a new car need not cost a fortune, especially if you choose to finance, and we've found deals starting from just £129 per month with What Car? Leasing...


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What Car? team

If you want to keep your costs low, and aren't worried about owning your car outright, then leasing can be a great option.

This form of financing, sometimes called Personal Contract Hire or Personal Leasing, is essentially the same as renting a car. Such contracts usually last for three or four years, with a pre-agreed annual mileage limit. There's no option to buy the car at the end of the contract, but being able to just hand the keys back to the contract provider suits a lot of people.

Here, we look at the 10 cheapest cars available through What Car? Leasing. From city cars to family hatchbacks, these models show that you don't need to pay a fortune to get behind the wheel of a new car. In each case, you can follow the links to learn more about our leasing deals, read more about each model in our reviews, or see our latest cash and PCP finance deals through our New Car Buying service.

10

Kia Rio

What Car? Target Price from

£13,206

RRP from £13,395 to £20,895

See new car deals Save up to £301 with What Car?

Model 1.25 '1' | Leasing price from £156.35 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £938.10 initial payment

The Rio scores well for both equipment and space, with even entry-level '1' models getting air conditioning, front electric windows and Bluetooth connectivity for your phone. The 1.25-litre petrol engine you get here might only have 83bhp, but it should be fine if you'll rarely be venturing out of town. If anything goes wrong, too, you've got Kia's industry-leading seven-year warranty to fall back on.

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Pros

  • Well equipped
  • Spacious rear-seat space and boot
  • Refined petrol engines

Cons

  • Fidgety ride in town
  • So-so handling
  • Average security rating
9

Dacia Sandero Stepway

What Car? Target Price from

£10,052

RRP from £10,145 to £13,265

See new car deals Save up to £124 with What Car?

Model 1.0 SCe Essential | Leasing price from £153.85 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £923.11 initial payment

The Sandero Stepway is like a halfway house between the regular Sandero hatchback and the Duster SUV. Like the rest of the Dacia range, it offers outstanding value for money, and even comes with a reasonable amount of kit, including Bluetooth connectivity and a DAB radio. The non-turbocharged 1.0-litre engine you get with this version offers pace that's best described as leisurely, but should be adequate for town driving.

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Pros

  • Outstanding value
  • Decent ride
  • Good amount of kit

Cons

  • Cheap-feeling interior
  • Poor driving dynamics
  • Noisy engines
8

Hyundai i10

What Car? Target Price from

£12,369

RRP from £12,820 to £17,195

See new car deals Save up to £614 with What Car?

Model 1.0 S | Leasing price from £152.40 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £914.40 initial payment

The Hyundai i10 is the best city car you can buy right now. It's comfortable and quiet to drive, and has decent space for five people. Plus, it comes with lots of safety kit as standard, including automatic emergency braking with pedestrian detection. The 1.0-litre engine you get with this model allows you to zip away from traffic lights in town briskly enough, but can start to feel out of its depth on the motorway.

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Pros

  • Comfortable and quiet to drive
  • Five seats and decent rear space
  • Loads of safety kit as standard

Cons

  • Pricey to buy outright
  • Non-turbocharged engines are a bit lacklustre
  • Pricey to insure
7

Citroen C3

What Car? Target Price from

£15,665

RRP from £16,240 to £21,190

See new car deals Save up to £858 with What Car?

Model 1.2 Puretech 83 Origins | Leasing price from £150.06 per month | The deal 24-month term, with annual limit of 8000 miles. Plus £900.36 initial payment

Rival small cars are better to drive, but the C3 coms with a decent amount of kit and an efficient range of engines. The 1.2-litre petrol engine you get here is the entry level offering and needs to be worked hard to keep up with fast-moving traffic. 

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Pros

  • Decently equipped
  • Stylish interior
  • Efficient petrol and diesel engines

Cons

  • Poor to drive
  • Missing safety kit
  • Cramped rear seats
6

Vauxhall Corsa

What Car? Target Price from

£15,524

RRP from £16,415 to £22,785

See new car deals Save up to £1,254 with What Car?

Model 1.2 SE Premium | Leasing price from £146.39 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £878.34 initial payment

The Corsa is the first car on this list to fall below the £150 per month mark, and there's plenty to like. Not only does it have decent boot space and an efficient range of engines, but it's also well equipped, with SE Premium cars coming with heated front seats, a heated steeing wheel and automatic lights and wipers. In fact, it's our recommended trim level.

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Pros

  • Well equipped
  • Decent boot
  • Efficient engines

Cons

  • Laggy and confusing infotainment system
  • Below-par safety rating
  • Poor resale values
5

Suzuki Swift

What Car? Target Price from

£14,749

RRP from £14,749 to £21,820

See new car deals Save up to £634 with What Car?

Model 1.2 Dualjet SHVS SZ-T | Leasing price from £135.62 per month | The deal 36-month term, with annual limit of 8000 miles. Plus £813.72 initial payment

The Suzuki Swift is not only cheap to buy, but also cheap to run thanks to clever mild hybrid technology. This SZ-T model is our recommended choice, and comes with a touchscreen infotainment system, plus a rear-view camera, front fog lights and alloy wheels. What's more, despite having only 89bhp available, this 1.2-litre engine is sprightly enough for most situations.

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Pros

  • Cheap to run
  • Accurate steering
  • Refined engines

Cons

  • Cheap-feeling interior
  • Harsh ride
  • Road and wind noise
4

Fiat 500

What Car? Target Price from

£12,798

RRP from £13,010 to £19,480

See new car deals Save up to £675 with What Car?

Model 1.2 Pop 3dr | Leasing price from £133.28 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £799.68 initial payment

If you're looking for a small car which oozes style, you won't do much better than the iconic Fiat 500. As well as distinctive looks, the 500 is pleasant to drive on urban streets, with light steering that makes it easy to park. Just bear in mind that rivals have a more comfortable ride and quieter engines.

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Pros

  • Distinctive looks
  • Easy to drive around town
  • Plenty of customisation options

Cons

  • Poor driving position
  • Unsettled ride
  • Coarse-sounding engine
3

Kia Picanto

What Car? Target Price from

£10,615

RRP from £10,765 to £15,795

See new car deals Save up to £227 with What Car?

Model 1.0 '1' | Leasing price from £132.19 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £793.14 initial payment

City cars need to strike a delicate balance between practicality and small dimensions, but the Picanto walks this fine line very well. This 66bhp 1.0-litre petrol engine is fine for driving around town, while even entry level '1' trim gets you remote central locking and electric front windows. And as with the Rio further up this list, you've got the reassurance of Kia's seven-year warranty should anything go wrong.

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Pros

  • Tidy handling
  • Decent boot by city car standards
  • Excellent infotainment on 3 trim

Cons

  • Noisy engines and lots of road noise
  • Firm low-speed ride
  • Missing safety kit on cheaper trims
2

Dacia Sandero

What Car? Target Price from

£7,923

RRP from £7,995 to £10,295

See new car deals Save up to £95 with What Car?

Model 1.0 SCe Essential | Leasing price from £131.82 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £790.92 initial payment

The Sandero is the cheapest new car in the UK, so it makes sense that it should also be among the cheapest cars to lease. And just like the Sandero Stepway we saw earlier on this list, it offers superb value for money, is surprisingly roomy inside and won't cost you a lot to run. Mid-range Essential trim gets you kit including air conditioning, electric front windows and a DAB radio, too.

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Pros

  • Extremely cheap to buy
  • Surprisingly roomy
  • Economical engines

Cons

  • Nothing special to drive
  • Interior feels cheap
  • Entry-level trim gets very little kit
1

Toyota Aygo

What Car? Target Price from

£11,636

RRP from £12,440 to £15,200

See new car deals Save up to £997 with What Car?

Model 1.0 VVT-i X-Play | Leasing price from £129.66 per month | The deal 48-month term, with annual limit of 8000 miles. Plus £777.96 initial payment

You really can drive a brand new car for less than £130 per month. And as city cars go, the Aygo is no bad apple – in fact, it offers a great driving position which gives you a good view over the road ahead, and is cheap to run too. X-Play trim gets you vital kit including air conditioning, a rear-view camera and an upgraded infotainment system, while the 1.0-litre petrol engine you get here is fine for pottering around town.

See how much you could save with our latest leasing deals >>

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Pros

  • Cheap to run
  • Great driving position
  • Five-year warranty

Cons

  • Very cramped in the back
  • Boot is small – even by city car standards
  • Refinement is disappointing
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