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 choices for this week’s round-up of the best leasing deals include the stylish Peugeot 408 for just £184, the spacious Skoda Kodiaq SUV for £256 a month and the rakish Toyota C-HR for £205.

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 5 September 2024

Peugeot 408: £184

The Peugeot 408 offers decent kerb appeal; a good-looking family car that features a quality cabin with premium materials in use throughout, along with Peugeot’s smart i-Cockpit infotainment set-up. Despite its coupe SUV body style, practicality remains impressive too.

Model: Peugeot 408 1.2 PureTech EAT8 GT

The Peugeot 408 doesn’t offer the level of driver involvement its sporty looks might suggest, instead it blends a distinctive design with good practicality, decent comfort and impressive onboard tech. It all means that you’re getting a lot of car for your money – particularly when you consider this deal will put a GT model on your driveway for less than £50 per week. The GT specification brings a generous level of kit, including 19-inch alloys, ultra slim LED Matrix headlights, keyless entry and go, dual-zone air conditioning, a heated steering wheel, and a ten-inch infotainment touchscreen with connected navigation.

Get the deal with Leasing Options through Carwow, and check out our Peugeot 408 in-depth review

Skoda Kodiaq: £256 a month

The Skoda Kodiaq has always been strong on practicality, with a choice of five or seven seats. But this new second-generation model is even more accomplished, with a bigger boot, lots of standard kit and the usual rock solid build quality. In fact, we named it our 2024 Large Family Car of the Year, following on from its win in the same category the previous year.

Model: Skoda Kodiaq 2.0 TDI DSG SE

The second-generation Skoda Kodiaq is a little bigger than before which means carrying passengers and their luggage should be even easier than with the previous model - which was already pretty adept at the day-to-day duties of family life. The five-seat model offered in this deal comes with a vast 910-litre boot - more than twice the size of the load space you’ll find in a VW Golf. But Skoda hasn’t stopped there, with the new Kodiaq featuring improved interior quality and a more sophisticated well-engineered feel. The SE model includes 18-inch alloys, front and rear parking sensors, cruise control, heated front seats, tri-zone climate control, a wireless smartphone charging function, and a 13-inch touchscreen display with navigation and wireless Apple CarPlay and Android Auto.

Get the deal with Select Car Leasing through Carwow, and check out our Skoda Kodiaq in-depth review

Toyota C-HR: £205 a month

If you cover mainly urban journeys and shorter trips here and there, then the Toyota C-HR plug-in hybrid could be a superbly efficient companion. With up to 41 miles of all-electric drive before you need to recharge, the PHEV is likely to be able to cover all your daily mileage without needing to fire up the combustion engine - so it could be a decent money saver.

Model: Toyota C-HR 2.0 PHEV CVT Design

Added to the above mention of the C-HR’s strong real-world efficiency, Toyota has done a great job of making its interior feel quite upmarket. This, in combination with its dramatic exterior styling, means you’ll definitely stand out from the crowd. Downsides are it’s not that practical, with a small boot, cramped rear seats and limited towing ability, but look past these shortcomings and you’ll have a car that’s good to drive, with reasonable running costs and excellent safety equipment.

Get the deal with Leasing Options through Carwow, and check out our Toyota C-HR in-depth review

MG4 EV: £188 a month

MG has really come up trumps with its MG4 EV. Stylish, practical and offering plenty of performance, it’s also good to drive and, crucially, offers a decent electric range. This deal can put the Carbuyer Best Family Electric Car for 2024 on your drive for just £188 per month – we think that makes it a bit of a bargain.

Model: MG4 EV 64kWh SE Long Range

We voted the MG4 EV as our Best Family Electric Car for 2024, and it’s the Long Range model on offer here that makes the most sense. Almost 300 miles from a single charge, a comfortable cabin and strong practicality mean it’s hard to beat if you’re after an electric car that can cope with the rigours of family life without breaking the bank. Standard equipment for the SE Long Range version includes LED headlights, rear parking sensors, climate control, adaptive cruise control and Apple CarPlay and Android Auto connectivity. 

Get the deal with VIP Gateway through Carwow, and check out our MG4 EV in-depth review

Skoda Octavia: £199 a month

The Skoda Octavia is a stunningly capable family car, with plenty of space and generous levels of standard kit. Recently facelifted, the latest model benefits from exterior styling tweaks and infotainment upgrades, which just add to an already impressive package.

Model: Skoda Octavia 1.5 TSI SE Technology

The latest Octavia is an exceptional choice if you’re prioritising space, comfort and overall practicality. We think that the entry SE Technology model – on offer here – is arguably the pick of the range, mainly due to its extensive kit list and ability to deliver the most comfortable ride. Standard equipment includes luxuries such as heated front seats, a wireless smartphone charging function and a 13-inch touchscreen with integrated navigation.

When you consider the Octavia hatchback still retains its huge 600-litre boot, it’s difficult to look past this talented family car option.

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

Volkswagen Golf GTI: £262 a month

Well into its eighth generation, the iconic VW Golf GTI provides driving thrills while also being incredibly easy to live with day to day. Some rivals offer more power, but the GTI brings a sophisticated approach that continues to elevate it above the chasing pack.

Model: Volkswagen Golf GTI 2.0 TSI 265 DSG

The VW Golf GTI has evolved to deliver the ideal balance of hot hatch performance and everyday usability, in a classy package that still offers lots of kerb appeal. With a 0-62mph time of 5.9 seconds, the GTI should be quick enough in a straight line for most, while its ability to just pootle around town makes it an easy-going daily driver, too. Okay, some of the materials on show in the cabin aren’t as good as you might expect, but the Golf GTI remains a truly great all-rounder. If you haven’t experienced one before, maybe now’s the time – before the petrol model is gone for good.

Get the deal with UK Carline through Carwow, and check out our VW Golf GTI in-depth review

BYD Dolphin: £248 a month

If you haven’t heard of BYD yet, that’s set to change, because this Chinese manufacturer is quickly becoming a global powerhouse, particularly amongst electric cars. This deal can put the Carbuyer Car of the Year for 2024 on your drive for £248 a month.

Model: BYD Dolphin 60kWh Comfort

Electric superminis don’t exactly have the best reputation for sparkling performance, but with 201bhp the BYD Dolphin is more than quick enough for most owners, sprinting from 0-62mph in just seven seconds. It also packs in an impressive 60kWh battery, so a range of up to 265 miles means the Dolphin can easily tackle longer trips far beyond just being an urban runabout. There’s also lots of big-car tech, including a 12.8-inch touchscreen that can rotate between portrait and landscape, front parking sensors, heated seats and even a punchy six-speaker stereo.

Get the deal with Arval Leasing through Carwow, and check out our BYD Dolphin in-depth review