Best cars for under £200 per month in 2024

Looking to explore the best budget-friendly car leasing options in 2024? Leasing is a fantastic alternative, offering flexibility, convenience, and ongoing affordability compared to other forms of vehicle financing.

When it comes to popular leasing choices, which cars offer the best value? This article highlights a range of vehicles available for under £200 per month, serving as a detailed guide for those in search of cost-effective yet stylish automotive options.

The best cars for less than £200 per month in 2024:

• Peugeot 408
• Nissan Qashqai
• Volkswagen ID.3
• Vauxhall Astra
• Skoda Octavia

Like any automotive financing choice, an initial upfront payment is required, and the deals hinge on a specified mileage allowance. However, we have curated a list of cars designed to provide a diverse array of rental profile options, all within the confines of a £200 per month budget.

Peugeot 408

Peugeot's design excellence is on full display in this sleek fastback SUV. Its exterior combines sharp lines with a refined, sporty look, highlighted by angular headlights, an intricate grille, and a gracefully sloping rear. Bold colour choices like Obsession Blue and Ember Red further enhances its striking appearance.

Inside, you'll find meticulous craftsmanship with premium soft-touch materials. The driver benefits from a modern digital display, while all models come equipped with an intuitive 10.25-inch infotainment touchscreen. Peugeot’s innovative design elevates the driving experience to a new level.

Compare Peugeot 408 lease deals

Nissan Qashqai

Celebrate a true British success with a Nissan Qashqai lease deal. The all-new, third-generation Qashqai builds on the tremendous popularity of its predecessors, continuing its reign as the UK’s most popular SUV and the top-selling British-built car.

New for 2022 is the innovative e-Power hybrid system, offering the smoothness and refinement of an electric vehicle. The car is powered by a high-performance electric motor, while a familiar petrol engine serves solely as a generator, making the system more efficient and enhancing the overall driving experience.

To find a fantastic leasing offer on this sought-after model, explore all our deals below.

Compare Nissan Qashqai lease deals

Volkswagen ID.3

If you're curious about Volkswagen's future beyond the Golf, the ID.3 is the answer. Leasing a Volkswagen ID.3 on personal contract hire puts you in the driver's seat of what VW dubs its 'Electric Golf'—the foundation for an entire lineup of new electric vehicles across the Volkswagen Group, including models from Audi, Skoda, and SEAT.

Unlike the previous electric Golf, the ID.3 is built from the ground up as an electric vehicle. This award-winning model is considered one of the top examples of the new wave of EVs as UK drivers shift from fossil fuels to electric power. With impressive performance, ample battery range for most households, and a user-friendly design, it's a smooth transition to the world of electric driving.

While leasing costs for electric cars may seem higher, the reduced running costs compared to petrol or diesel vehicles often balance out the overall cost of ownership. If you're ready to embrace the future, explore our best Volkswagen ID.3 leasing deals below.

Compare Volkswagen ID.3 lease deals

Vauxhall Astra

The Vauxhall Astra may have a familiar name, but it sports a completely fresh look. Opting for a personal contract hire on the new model gives you an updated design, with striking aesthetics and a much-improved driving experience over its predecessor. You can choose from petrol, diesel, or plug-in hybrid options, as well as an all-electric version which arrived last year.

Inside, the modern and stylish interior matches the sleek exterior, featuring the latest technology accessible through a large central touchscreen. Available as a hatchback or estate, the new Astra is both versatile and sophisticated. To find the best Vauxhall Astra lease deals, explore all our latest offers below.

Compare Vauxhall Astra lease deals

Skoda Octavia

The latest generation Octavia is available in both estate and hatchback models, offering a variety of trim levels, including SE Technology, SE L, SportLine, and First Edition.

This fourth-generation Octavia comes with two petrol engine options: a 1.5-litre TSI with 116PS, available with or without mild-hybrid technology, with the hybrid version (TSI e-tec) featuring a seven-speed DSG transmission as standard. The second option is a 2.0-litre engine, offering 150PS and the choice of either a manual or DSG transmission.

For those preferring diesel, the 2.0-litre TDI engine is available with either 116PS and a six-speed manual or 150PS and a seven-speed DSG.

Compare Skoda Octavia lease deals

Ready to lease?

Explore lease options within your budget! Use our filters to compare the best deals tailored to you. Click below, and we'll guide you to all leases under £200 per month.

Compare all lease deals under £200 per month