Best car leasing deals 2024: this week’s top PCH offers

When leasing a new car the sheer number of deals, payment terms and deals can seem almost overwhelming. That’s why our team of car experts keep an eye on the latest trends and only pick out the car leases with the biggest discounts on the best models. We also check the terms and conditions to make sure there are no surprises like stinging admin fees or excessive initial rental payments.

Our new choices for this week’s round-up of the best leasing deals include the new Ford Explorer for £299 a month, the classy Polestar 2 for £311 and the Vauxhall Corsa for £146.

Before signing on the dotted line, you’ll want to understand exactly how a leasing deal (also known as PCH) works, and how it differs from Personal Control Purchase (PCP) finance and Hire Purchase (HP). In its most basic terms, think of PCH as akin to renting the car on a long-term basis, while PCP allows you to pay off a car in instalments before deciding whether to buy it outright with a balloon payment or handing it back at the end of the term. Hire Purchase is more like a mortgage, where you pay monthly instalments until you own the car outright.

Along with cash purchases, these are the main methods of buying a new car in the UK, and the Carbuyer team also picks out the week’s best PCP car deals, along with some of our favourite used car deals of the week. A PCH deal is enticing thanks to its affordable prices, giving you access to new cars with very little hassle, but there’s typically no opportunity to own the car at the end of the term.

Read on for our in-depth guide to the best leasing deals taken from the site of our parent company Carwow, prices and offers are subject to change, and terms and conditions apply.

Best new car leasing deals – latest deals updated 15 November 2024

Ford Explorer: £299 a month

The Ford Explorer is an electric SUV that’s good to drive, with a decent range and good levels of standard kit – no matter which version you choose. There’s a lot of interior storage space, although the boot isn’t quite as big as other rivals such as the Skoda Enyaq and the (closely related) VW ID.4.

The Explorer is the result of a partnership between Ford and Volkswagen, using the same MEB platform as the VW ID.4 and ID.5 SUV. Ford has managed to make ride and handling improvements, while also ensuring the Explorer delivers good efficiency and a practical range. This particular deal is for a rear-wheel drive, Extended Range car in Select specification, which means it has 282bhp and can cover up to 374 miles (WLTP combined) from a single charge. Standard kit includes 19-inch alloys, keyless entry, front and rear parking sensors, heated front seats, wireless smartphone charging and a 14.6-inch infotainment touchscreen.

Get the deal with Motorlet Leasing through Carwow, and check out our Ford Explorer in-depth review

Polestar 2: £311 a  month

The Polestar 2 is a classy all-electric option that may appeal to EV buyers who want something different to the default choice of a Tesla Model 3. Build quality is a standout feature of the Polestar, while performance and a claimed range of more than 300 miles add to its desirability.

If you’re after an all-electric car with a true executive feel, then the classy Polestar 2 is definitely worth a look. Available here in Standard Range, single motor form, it delivers up to 342 miles (WLTP combined) from a single charge, while performance is impressive with 0-60mph taken care of in 6.2 seconds. Standard equipment includes 19-inch alloys, a powered tailgate, a panoramic glass roof and a suite of active safety systems.

Get the deal with VIPGateway through Carwow and check out our Polestar 2 in-depth review

Vauxhall Corsa: £146 a month

The Vauxhall Corsa shares underpinnings with the Peugeot 208 and other Stellantis group cars. It means it’s easy to drive, while being well-equipped and featuring economical engines. We’d highlight overall practicality as a point to check before doing the deal, however, just to make sure the rear passenger space and boot are big enough to suit your lifestyle.

The Vauxhall Corsa was the third best-selling car last year, and for good reason. The enduring supermini is more capable than ever, with improved design inside and out and frugal engines that help to provide low running costs. This 99bhp 1.0-litre GS model delivers a combined fuel economy figure (WLTP) of more than 50mpg, while standard kit is impressive and includes: 17-inch alloys, a sports bodykit, rear privacy glass, keyless entry and start, front and rear parking sensors, a rear view camera, climate control, and a 10-inch infotainment display with integrated navigation and wireless Apple CarPlay and Android Auto.

Get the deal with First Vehicle Leasing through Carwow and check out our Vauxhall Corsa in-depth review

Ford Puma ST: £259 a month

The Ford Puma has been a sales success for the Blue Oval since its launch in 2019. Offering an appealing mix of style, practicality and usable on board tech, it’s also good to drive, while the extra oomph of the ST model will interest customers looking for a bit of a performance boost.

The current Puma ST isn’t packing as much punch as it once did, but still remains the flagship model in the Blue Oval’s small SUV range. The 197bhp 1.5-litre EcoBoost petrol engine has been dropped in favour of a 168bhp 1.0-litre version, while it comes with a seven-speed automatic gearbox as standard. 0-62mph takes a reasonable 7.4 seconds, which won’t set pulses racing, but is lively enough. You do get ST-specific suspension and a styling kit as part of the package, along with 19-inch alloys and sport seats, while other standard kit includes Matrix LED headlights, front and rear parking sensors, wireless smartphone charging and a 12-inch infotainment display with Apple CarPlay and Android Auto connectivity.

Get the deal with Blue Chilli Leasing through Carwow, and check out our Ford Puma in-depth review

Skoda Enyaq vRS: £324

If you’re after a capable family EV then you won’t go far wrong with the Skoda Enyaq. Dialling up the performance is this vRS model which provides a healthy 335bhp and a 0-62mph time of 5.4 seconds, so you’ll have all the practicality you need and still have enough pace to keep things interesting – what’s not to like?

If family commitments mean you’re lining up a decently-sized EV as your next purchase, then why not go for something that still offers a decent turn of pace? The Skoda Enyaq vRS is just such a car, with impressive straight line speed and a more menacing look courtesy of its sporty styling kit and chunky 20-inch alloys. Its extra performance doesn’t come at the expense of any real practicality either, because it still provides a maximum range of up to 337 miles, while overall comfort should be fine thanks to the heated front seats and steering wheel, tri-zone climate control and adaptive cruise control to help reduce stress levels on longer journeys.

Get the deal with Leasing Options through Carwow, and check out our Skoda Enyaq in-depth review

Volkswagen ID.3: £214

The Volkswagen ID.3 has certainly improved with age; a facelift in 2023 bringing enhanced interior quality and tweaks to the car’s software and infotainment system. It still isn’t a class leader, but the ID.3 is well worth a look – particularly at this tempting price.

This particular ID.3 model offers up to 268 miles of range from a full charge, while performance is strong too, with the ID.3’s 201bhp total output helping to take the family hatch from 0-62mph in 7.6 seconds. Standard kit includes: 18-inch alloy wheels, Matrix LED headlights, dual-zone climate control, heated seats, front and rear parking sensors, and a rear view camera. 

Get the deal with Select Car Leasing through Carwow, and check out our Volkswagen ID.3 in-depth review