Cheap Car Leasing Deals Under £200

Sometimes, manufacturers or dealerships have specific sales quotas to meet. They might offer crazy good lease deals on certain models towards the end of a month or quarter to push through those last few sales and hit their target. Once they reach that target, the deals disappear quickly. Just like any other product, dealerships might want to clear out older stock to make space for newer models. They might offer rock-bottom lease deals on outgoing models to incentivise getting them off the lot. These deals are unlikely to last long so you need to be quick with these cheap car lease deals under £200 per month.

Leasing lets you enjoy a new car you love without the hefty upfront cost. Did you know a basic hatchback in today's economy will cost you over £15,000 in one go? Most people do not have that kind of money to spend. Car leasing helps you spread the payments out over a manageable and affordable monthly amount, freeing up your cash for other priorities like home improvements. Plus, you avoid the headache of depreciation, that constant decline in a car's value. With leasing, you simply return the car at the end of the contract, leaving the resale hassle behind. So returning to the question, is it cheaper to lease a car instead of buying one? We would say yes.

Generally, hatchbacks retain the best value for money when it comes to the cheapest cars to lease. Cars like the Hyundai i10, Dacia Sandero, Kia Picanto, Suzuki Swift, Fiat Panda and Toyota Aygo X. However, there are often cheap deals available on compact SUVs such as the Skoda Kamiq, MG ZS and Dacia Duster.

If you're not happy with the current cost of your cheap lease deal, there are ways to make it as cheap as possible. Having the least amount of annual miles such as 5,000 per year is the biggest helper. Having your total cost split across 48 months instead of 36 or 24 also helps massively. If you want the absolute cheapest lease deal per month, the best way is to set your initial rental to 12 months. This ensures you pay the biggest deposit but the smallest amount of monthly outgoings.

Leasing a car involves a credit check, as mandated by the Financial Conduct Authority (FCA). However, Stable Vehicle Contracts works with a variety of lenders, making it possible for customers with less-than-stellar credit history to secure a lease deal. For those with a poor credit score, demonstrating affordability is key. This might involve providing strong evidence of your ability to consistently make the monthly payments throughout the lease term. Additionally, increasing your initial down payment can be an option to lessen the risk for the lender and improve your chances of approval. As they may be more likely to accept someone who has enough for a larger deposit. You can check your credit score for free by visiting this link. If you are worried about your credit score or have any questions regarding being accepted, please pick up the phone and call us on 0151 728 4711.

Firstly, car leasing doesn't have a deposit as such. We use a phrase called an 'initial rental' which is a larger amount you pay around two weeks after the car is delivered to you. As such, it's not exactly a deposit but it is a larger sum of money you pay that you do not get back at the end of the contract. Following on from that, a large initial rental is always needed for our cheap car leasing deals. However, if you do want the absolute cheapest possible monthly deal, a larger initial rental is an option to ensure the costs are as small as possible per month.

Not always no. Vehicle maintenance is something you will need to opt in yourself and it will possibly increase the cost of your monthly lease. This is because rather than paying for your vehicle's services in one lump sum, the cost is split across your contract length. So make sure you have the extra budget if you want to include maintenance within your cheap car lease agreement.

You still get the full manufacturer's warranty with our cheap car leasing deals, regardless of the cost per month. This safeguards you against any catastrophic problems that could occur during your lease agreement length. You can learn more about the full manufacturer's warranty here.