What are the best cars to lease or finance about £150 per month? If you’re looking for the best finance deals, you’ve come to the right place. Despite relentlessly rising living cost, it’s still entirely possible to bag yourself a great car for a relatively small monthly outlay.
There are issues, though. The narrowing choice of smaller, cheaper cars, and a general shifting of the market, mean the number of cars for £150 per month isn’t what it once was. There are some good finance and leasing deals at this price point, but you do need to do your shopping to find something suitable on a special offer.
All the cars in this list are priced between £150 and £175 per month, with a realistic blend towards the top end. Upping your budget to £200 per month will unlock a broader choice of cars, while stretching to £300 per month will open up many more leasing deals and the ability to put down lower deposits.
This list mainly highlights personal contract hire (PCH) – or lease – deals, where the monthly prices are lower. Prices fluctuate daily so do keep checking in for the latest prices. We’ve even found a handful of very attractive personal contract purchase (PCP) deals for less than £175 per month. Some even manage to offer 0% APR.
The best new cars to lease around £150 a month 2025
Former award winner is still fresh, interesting and fun
The Renault Clio has been a multiple Parkers award-winner over the years and a perennial European best-seller. This is the fifth-generation model and it’s the best yet – a thoroughly mature small car with a big boot, quality interior and good driving manners. With a snazzy update last year there’s even more reason to recommend it.
There’s a hybrid model available which aids economy, but the basic 1.0-litre turbocharged petrol is the most affordable. That's no bad thing, though. The entry-level petrol version is a belter, offering value and economy in fun-sized dollops.
To find out more, read our full Renault Clio review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
There’s a hybrid model available which aids economy, but the basic 1.0-litre turbocharged petrol is the most affordable. That's no bad thing, though. The entry-level petrol version is a belter, offering value and economy in fun-sized dollops.
To find out more, read our full Renault Clio review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Spacious for its size
- Impressive economy
- Plenty of equipment
Cons
- Could be more refined
- A little noisy on the motorway
Mature supermini punches above its price
The SEAT Ibiza is a mature and sturdy supermini. It shares its underpinnings with the Volkswagen Polo, Skoda Fabia, and now-deceased Audi A1, and the Ibiza is the most affordable pick out of the bunch. The tradeoff is a slightly drab interior with some questionable plastics.
It's a practical choice with a generous 355-litre boot and plenty of interior space. Best of all, the most cost-savvy deals are for the plusher models. For just over £150 per month, you can get an Ibiza Xcellence complete with keyless go, rain-sensing wipers, and rear parking sensors.
To find out more, read our full SEAT Ibiza review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
It's a practical choice with a generous 355-litre boot and plenty of interior space. Best of all, the most cost-savvy deals are for the plusher models. For just over £150 per month, you can get an Ibiza Xcellence complete with keyless go, rain-sensing wipers, and rear parking sensors.
To find out more, read our full SEAT Ibiza review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Low prices and good deals
- Easy to drive, but also fun
- Spacious cabin space
Cons
- Standard kit levels fall behind rivals
- Scratchy interior plastics are easy to find
Sensible offering, recently updated
Always popular, never a regrettable pick, but utterly uninspiring sum the Vauxhall Corsa up. Pick almost any parameter, and you'll find something better for the price. Boot and interior space are average, while interior storage space is non-existent. Driving dynamics are fine, as is the efficiency, but neither can match cars like the Renault Clio or Suzuki Swift.
Value stands in its corner, though. Almost all of Vauxhall's cars can be leased for less than £200 per month, and the Corsa sits right at the bottom, whether you plug it into a petrol or electric model. It's a sensible pick and will serve as a very competent car for most duties, but there are better cars out there.
To find out more, read our full Vauxhall Corsa review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Value stands in its corner, though. Almost all of Vauxhall's cars can be leased for less than £200 per month, and the Corsa sits right at the bottom, whether you plug it into a petrol or electric model. It's a sensible pick and will serve as a very competent car for most duties, but there are better cars out there.
To find out more, read our full Vauxhall Corsa review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Impressive fuel economy
- Spacious in the front
- Lots of standard equipment
Cons
- Interior feels a little low-rent
- Lack of cabin storage space
Excellent space, value and economy
This generation of Hyundai i10 has been around for a little while now, but it's still arguably the best city car in on sale. The interior is far bigger than it has any right to be, especially with such compact exterior dimensions. It doesn't scrimp on boot space either, it's a packaging masterclass. Then there's the slew of sophisticated safety features that add to the i10's appeal. It's one of the cheapest ways into a new car, but you will have to hold on to it for four years.
The high-tech Hyundai comes with plenty of driver assistance and infotainment tech, as well as a range of super-efficient petrol engines. It doesn’t just have to be confined to the city, we’d very happily take the i10 on a long journey in reasonable comfort.
To find out more, read our full Hyundai i10 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
The high-tech Hyundai comes with plenty of driver assistance and infotainment tech, as well as a range of super-efficient petrol engines. It doesn’t just have to be confined to the city, we’d very happily take the i10 on a long journey in reasonable comfort.
To find out more, read our full Hyundai i10 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Exceptional interior space
- Classy, easy-to-use dashboard
- Lots of safety equipment
Cons
- Avoid the automatic gearbox
- Higher trim levels are pricey
Good to drive, cheap to run and enjoyable to own
The Mazda 3 counts the Volkswagen Golf and other family hatchbacks as competition, which makes its availability at this price point remarkable. The Mazda 3 is left-field in its execution, but the fundamentals make for a solid and very endearing family car.
It also looks more premium than it is, and there's no whiff of cheap and cheerful at all. The interior is among the plushest (and snuggest) on this list, and it's good fun to drive. Then you add the exceptional value into the mix, and it stands out as a steal.
To find out more, read our full Mazda 3 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
It also looks more premium than it is, and there's no whiff of cheap and cheerful at all. The interior is among the plushest (and snuggest) on this list, and it's good fun to drive. Then you add the exceptional value into the mix, and it stands out as a steal.
To find out more, read our full Mazda 3 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Engaging handling
- High quality interior
- Good fuel economy
Cons
- Interior and boot aren't roomy
- Large blind spots
Roomy, stylish and comfortable to drive
The Peugeot 2008 is a stylish alternative to the perennially popular but underwhelming Nissan Juke, and the leasing deals make it all the more tempting. The interior is where the 2008 excels, the quality materials and finish punch well above its price point thanks to a blend of soft-touch plastics, tasteful chrome and ambient lighting on all trim levels.
A 40 mpg real-world economy is nothing to be sniffed at, while the 1.2-litre engine offers good performance. The suspension is set up for comfort, making longer trips a breeze. One thing worth noting is the unusual i-cockpit layout. With its minuscule steering wheel mounted down low and high-set dials, it can be difficult for taller drivers to get a comfortable driving position. The boot and rear seat size aren’t much to write home about either, they’re both distinctively average.
To find out more, read our full Peugeot 2008 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
A 40 mpg real-world economy is nothing to be sniffed at, while the 1.2-litre engine offers good performance. The suspension is set up for comfort, making longer trips a breeze. One thing worth noting is the unusual i-cockpit layout. With its minuscule steering wheel mounted down low and high-set dials, it can be difficult for taller drivers to get a comfortable driving position. The boot and rear seat size aren’t much to write home about either, they’re both distinctively average.
To find out more, read our full Peugeot 2008 review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Eye-catching design
- Decent range of engine options
- Cabin and boot are spacious
Cons
- 3D dials take getting used to
- Driving position won’t suit all
Competent SUV that's great for families
The bad news is the much improved Vauxhall Grandland doesn't fit into our pricing criteria, so you're stuck with the older, worse model. The good news? Well, it is cheap money for an okay car that's quite a bit bigger than the competition. It's just what families need for just the right amount of money.
It's based on the old Peugeot 3008, so it's fine to drive, has an acceptably finished interior, and big boot too. The alternatives are more expensive in monthly finance too and it's a tried-and-tested model with no ownership headaches to mention. The previous generation Grandland is worth a look at the very least.
To find out more, read our full Vauxhall Grandland review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
It's based on the old Peugeot 3008, so it's fine to drive, has an acceptably finished interior, and big boot too. The alternatives are more expensive in monthly finance too and it's a tried-and-tested model with no ownership headaches to mention. The previous generation Grandland is worth a look at the very least.
To find out more, read our full Vauxhall Grandland review
Leasing prices fluctuate too regularly to give an accurate number. However, this car does fall within the £175 per month ballpark figure.
Pros
- Good build quality
- Punchy petrol engines
- Roomy interior
Cons
- Lack of badge kudos
- Not a sporty drive
The best new cars to finance for around £150 a month 2025
Fun to drive, cheap to finance
The Suzuki Swift is part of a dying breed of light and simple small cars, and we love it for those reasons. Tipping the scales at less than a tonne in 2025 is a spectacular achievement for a car that can fit five. It's fun to drive, the mild-hybrid setup keeps it frugal to run, and the equipment levels are exceedingly generous.
Best of all, finance offers for the Swift are simply stunning. An attractive 0% APR rate is available across the entire range, including the Ultra model with its automatic air conditioning and electric folding door mirrors. We just wish the all-wheel drive ALLGRIP model was as competitively priced.
To find out more, read our full Suzuki Swift review
Suzuki Swift Mild Hybrid Ultra
Monthly cost: £169 (25 payments)
Deposit: £5,184
Manufacturer's contribution: Zero
Total amount payable: £20,299
Cash price: £20,299
Mileage allowance: 8,000 miles per year
APR: 0%
Best of all, finance offers for the Swift are simply stunning. An attractive 0% APR rate is available across the entire range, including the Ultra model with its automatic air conditioning and electric folding door mirrors. We just wish the all-wheel drive ALLGRIP model was as competitively priced.
To find out more, read our full Suzuki Swift review
Suzuki Swift Mild Hybrid Ultra
Monthly cost: £169 (25 payments)
Deposit: £5,184
Manufacturer's contribution: Zero
Total amount payable: £20,299
Cash price: £20,299
Mileage allowance: 8,000 miles per year
APR: 0%
Pros
- Fun to drive
- Slick manual gearbox
- Very affordable
Cons
- Ride isn't the best
- Safety score isn't the best
Rock-bottom pricing for a family-sized SUV
No bargain car list would be complete without a Dacia, and the all-new Duster is a bobby-dazzler of a finance deal. The Duster builds on the success of the old one, adding some extra technology and new styling without massively jacking up the price or sacrificing practicality.
Finance rates for the Duster are spectacular at the moment. A top-of-the-line Duster can be financed for £153 per month, which includes luxuries like heated seats and a faux leather interior. If you don't mind an austere example, it could cost you less than £100 per month. Duster not big enough? The order books for all-new Dacia Bigster are now open and just as temptingly cheap.
To find out more, read our full Dacia Duster review
Dacia Duster Extreme TCE 130 4x4
Monthly cost: £153 (25 payments)
Deposit: £6,513
Manufacturer's contribution: Zero
Total amount payable: £27,908
Cash price: £26,050
Mileage allowance: 6,000 miles per year
APR: 4.9%
Finance rates for the Duster are spectacular at the moment. A top-of-the-line Duster can be financed for £153 per month, which includes luxuries like heated seats and a faux leather interior. If you don't mind an austere example, it could cost you less than £100 per month. Duster not big enough? The order books for all-new Dacia Bigster are now open and just as temptingly cheap.
To find out more, read our full Dacia Duster review
Dacia Duster Extreme TCE 130 4x4
Monthly cost: £153 (25 payments)
Deposit: £6,513
Manufacturer's contribution: Zero
Total amount payable: £27,908
Cash price: £26,050
Mileage allowance: 6,000 miles per year
APR: 4.9%
Exceptional supermini all-rounder
We fought tooth and nail to get the Skoda Fabia included in this article because we rate it so highly. It has the biggest boot size in the supermini class, an interior packed with clever features to make day-to-day life easier, and it feels grown up and polished. The most significant criticism against it is a lack of jazziness, which isn't a real concern when the car is so unashamedly logical.
It's based on the same platform as the Volkswagen Polo and SEAT Ibiza but undercuts both on list price. Leasing prices aren't uncompetitive - the larger Skoda Kamiq is better value for money here - so that leaves PCP. We have to settle for a rather unimpressive 6.9% APR, but getting a Fabia for £175 per month is possible.
To find out more, read our full Skoda Fabia review
Skoda Fabia Hatch SE Edition 1.0
Monthly cost: £175 (49 payments)
Deposit: £6,303.06
Manufacturer's contribution: £1,750
Total amount payable: £23,398.06
Cash price: £20,295
Mileage allowance: 5,000 miles per year
APR: 6.9%
It's based on the same platform as the Volkswagen Polo and SEAT Ibiza but undercuts both on list price. Leasing prices aren't uncompetitive - the larger Skoda Kamiq is better value for money here - so that leaves PCP. We have to settle for a rather unimpressive 6.9% APR, but getting a Fabia for £175 per month is possible.
To find out more, read our full Skoda Fabia review
Skoda Fabia Hatch SE Edition 1.0
Monthly cost: £175 (49 payments)
Deposit: £6,303.06
Manufacturer's contribution: £1,750
Total amount payable: £23,398.06
Cash price: £20,295
Mileage allowance: 5,000 miles per year
APR: 6.9%
Pros
- Roomy interior and boot
- Competitive entry-level prices
- Wide range of engines
Cons
- No plug-in or mild hybrid tech
- Lacks fizz compared with a Clio
The small EV that punches above its class
We were so impressed with the MG 4EV that we awarded it our 2024 Car of the Year. Nothing could compete with its exceptional blend of value, battery tech, and practicality. It marked a huge step forward in making electric cars both more affordable and enjoyable to drive.
Leasing rates fluctuate wildly, so we can't recommend the one on the leasing deal in good faith. At the time of writing, prices were £250 per month, but we've seen them as low as £170. Thankfully, PCP rates are far more affordable. You'll need to make a pretty high deposit to get the attractive zero-interest finance offer, but the monthly fees are manageable against the list price.
To find out more, read our full MG4 EV review
MG4 EV SE 125kW 51kWh
Monthly cost: £169 (37 payments)
Deposit: £10,196.50
Manufacturer's contribution: Zero
Total amount payable: £26,995
Cash price: £26,995
Mileage allowance: 8,000 miles per year
APR: 0%
Leasing rates fluctuate wildly, so we can't recommend the one on the leasing deal in good faith. At the time of writing, prices were £250 per month, but we've seen them as low as £170. Thankfully, PCP rates are far more affordable. You'll need to make a pretty high deposit to get the attractive zero-interest finance offer, but the monthly fees are manageable against the list price.
To find out more, read our full MG4 EV review
MG4 EV SE 125kW 51kWh
Monthly cost: £169 (37 payments)
Deposit: £10,196.50
Manufacturer's contribution: Zero
Total amount payable: £26,995
Cash price: £26,995
Mileage allowance: 8,000 miles per year
APR: 0%
Pros
- Better than far more expensive rivals
- Good ride/handling balance
- Long range and accurate readouts
Cons
- Touchscreen-led interior can be fiddly
- Hefty deposit required to get best rate
* These deals are indicative examples of some packages available as of 19 March 2025, but are subject to change without prior notice. Everyone’s financial circumstances are different and the availability of credit is subject to status. Terms, conditions and exclusions apply. Parkers cannot recommend a deal for you specifically.
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