How much to lease a car
By DonnaCar leasing can be a fantastic option if you want to drive a brand-new car without paying the new car price tag. Unlike with buying a car, you pay fixed monthly installments for the length of your leasing deal, helping you spread the cost while saving on things like road tax rates and breakdown cover.
We’ll explore the cost to lease a car to help you discover why our car leasing deals could lead to great savings as well as a great drive.
How much does it cost to lease a car in the UK?
Vehicle leasing deals can range from £121 per month to £2,491 per month. The cost of car leasing depends on the make and model you decide on, how long you want it for, and how far you plan to drive it. You also need to consider the initial rental, which can be worth the value of one month’s rental through to 12 months’ rental. The more you pay up-front, the less you’ll pay each month.
Browse our cheapest car leasing deals and see how affordable a brand-new car could be.
The different costs of car leasing
The cost of car leasing is spread out throughout the duration of our contract into affordable sections. But there’s more than just the monthly payments you should know about.
A breakdown of car leasing costs
The initial rental
The initial rental sum of your car lease can be worth three, six or nine months’ rental. We normally take this up to two weeks after your car has been delivered, and the more you pay, the lower your monthly payments will be.
Monthly rentals
Similar to paying rent for your car, you’ll pay these throughout the duration of your leasing term. The price will be fixed, meaning you’ll always know what payment is coming up.
Maintenance and servicing costs
Another factor in vehicle lease costs is car maintenance. For an extra cost each month, you can add things like servicing and your MOT to your leasing deal. The price of these will vary depending on the make and model you choose.
Processing fee
This fee covers the cost of us processing your lease agreement. We charge a £234 (inc VAT) processing fee that is payable after the finance for your car has been agreed.
Transaction fee
With some car lease costs, there may be a transaction fee. We’ll let you know about this before you complete your order, making it clear exactly what you’ll be expected to pay.
Excess mileage fee
When you lease your car, you’ll tell us how many miles you plan to drive each year. If you exceed this, you’ll be charged an amount per mile by your finance provider. Learn more about this in our excess mileage guide.
Contract mileage amendment fee
If you decide you want to change the mileage you set out at the start of your contract, you can with most finance providers. We charge £100 excl. VAT for this service.
Contract extension fee
Love your car and don’t want to send it back yet? With some finance providers, you may be able to extend your contract for an extra period of time. We charge £100 excl. VAT for a six-month extension and £125 excl. VAT for a 12-month extension.
How does car leasing work?
Car leasing lets you drive a brand-new car for a set number of years. There is a huge range of cars available to lease, from luxury car leasing and powerful sports cars to family-friendly estates. The choice is endless.
If you’d like to find out more, we have more information about how car leasing works in a separate, dedicated guide.
We have the largest stock car leasing deals in the UK, helping you choose from the biggest brands on the road, such as Ford, Volkswagen, Tesla and Mercedes.
Now you know how much it is to lease a car, explore all our leasing deals and enjoy all the advantages of a brand-new car without having to pay the new car price.
Guide Information
Originally published: 29th June 2021
Last updated: 6th July 2022
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