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, as this is a very competitive price point. 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 attract 0% APR and low deposits.
The best new cars to lease around £150 a month 2025
Former award winner is still fresh, interesting and fun
There’s a hybrid model available, which is unusual for a supermini, but the basic 1.0-litre turbocharged petrol what you'll get at this price point. 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
Roomy, stylish and comfortable to drive
A 40 mpg real-world economy is nothing to be sniffed at, while the 1.2-litre engine offers good performance. The suspension is also It’s also 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
Mazda 3
Good to drive, cheap to run and enjoyable to own
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
Sensible offering, recently updated
Value stands in its corner, though. Almost all Vauxhall range 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
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, either. We’d very happily undergo a long journey in an i10.
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
Competent SUV that's great for families
It's based on the old Peugeot 3008, so it's fine to drive, has an acceptable interior, and has reasonable space. The alternatives are more expensive in monthly finance too. Add to that a large boot and roomy interior, and the Grandland is worth a closer look.
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
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.
Read our full Suzuki Swift Hybrid 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
Leasing 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. Where else in 2025 could you find such a deal?
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%
The small EV that punches above its class
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 15 January 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.
Ryan Gilmore is the Car-Buying Editor at Parkers. Having cut his teeth product testing and deal hunting as our Deputy Commercial Content Editor, he’s a savvy shopper dedicated to helping you when it comes to choosing your next car.
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