The best cars to lease for less than £200 per month

These 10 cars are all available through a leasing agreement. This means you’ll hand over an up-front deposit followed by a series of monthly payments, and there will be a limit to the number of miles you can cover per year. Once the contract is up, the car is returned to the leasing company.

If you’re looking to own the car at the end of the agreement then leasing isn’t the way forward for you. For this you’ll want to check out Hire Purchase (HP) or Personal Contract Purchase (PCP) options.

Our list of the top 10 new cars for under £200 per month* is:

• Toyota Aygo X – £191 per month
• Volkswagen Polo – £200 per month
• GWM Ora 03 – £159 per month
• Hyundai i10 – £151 per month
• Renault Clio – £190 per month
• Vauxhall Corsa – £162 per month
• Seat Ibiza – £170 per month
• Peugeot 208 – £163 per month
• Nissan Leaf – £187 per month
• Peugeot 2008 – £181 per month

*All prices correct at the time of writing

1) Toyota Aygo X: £191 per month

• Up-front cost: £1,960.93
• Contract length: 48 months
• Mileage limit: 5,000 per year

The Toyota Aygo X makes a solid case for the small hatchback in a world of SUVs. It’s a funky looking thing with loads of standard equipment, and it’s great for zipping around town.

It does start to get out of its depth on faster roads though, with quite a lot of wind noise permeating the cabin. At least the standard-fit adaptive cruise control takes some of the stress out of long journeys.

2) Volkswagen Polo: £200 per month

• Up-front cost: £1,896.21
• Contract length: 36 months
• Mileage limit: 5,000 per year

Just sneaking within our £200 budget is the excellent Volkswagen Polo. This really is a jack of all trades, offering decent practicality, loads of equipment and great comfort.

It may not be the most exciting of all the hatchbacks out there, but the Polo makes up for this by making light work of daily driving duties.

3) GWM Ora 03: £159 per month

• Up-front cost: £1,729.80
• Contract length: 36 months
• Mileage limit: 5,000 per year

The GWM Ora 03 proves that you don’t have to spend a fortune to get a capable electric hatchback. It’s well-equipped, and it looks great as well.

It may not be the best EV for long journeys thanks to the road noise, but the 03’s cabin is a lovely place to spend time.

4) Hyundai i10: £151 per month

• Up-front cost: £1,559.89
• Contract length: 36 months
• Mileage limit: 5,000 per year

You can grab yourself a Hyundai i10 for a bargain £151 per month, and there’s a lot to like about this dinky city runaround.

You get plenty of kit for your money, it’s easy to drive and there’s a wide range of fuel-sipping engines on offer.

5) Renault Clio: £190 per month

• Up-front cost: £2,006.30
• Contract length: 24 months
• Mileage limit: 5,000 per year

The Renault car offers big car perks in a small car shell with a posh-feeling interior and cavernous boot. It’s a stylish thing as well.

It may not be quite as comfy as a Volkswagen Polo, but the Clio makes up for this by being easy to drive and offering an efficient petrol engine.

6) Vauxhall Corsa: £162 per month

• Up-front cost: £1,757.90
• Contract length: 36 months
• Mileage limit: 5,000 per year

The Vauxhall Corsa has been a firm favourite among UK buyers for years now, and it’s easy to see why. You get loads of kit for your money, and it’s pretty comfortable as well.

It may not have the most spacious interior, but at least everything feels nicely put together. It looks pretty smart on the outside, too.

7) Seat Ibiza: £170 per month

• Up-front cost: 1,828.10
• Contract length: 36 months
• Mileage limit: 5,000 per year

Looking for a small hatchback with a sporty flavour? Look no further than the Seat Ibiza. It shares a lot of parts with the VW Polo, meaning you get the same efficient engines but with more exciting styling.

The interior quality may not be up to par with the Volkswagen, but the Ibiza is more fun to drive when the road gets twisty.

8) Peugeot 208: £163 per month

• Up-front cost: £1,770.92
• Contract length: 24 months
• Mileage limit: 5,000 per year

The Peugeot 208 is one of the most stylish small cars you can buy, and it has an equally funky interior as well.

The rear seats may not be too spacious, but it’s comfortable for those in the front and there’s plenty of kit on board as well.

9) Nissan Leaf: £187 per month

• Up-front cost: £1,982.09
• Contract length: 48 months
• Mileage limit: 5,000 per year

The Nissan Leaf was one of the first mainstream electric vehicles on the market in the UK, and it’s still a great choice for families.

It has a massive boot, loads of kit and decent driving range. It may not be the biggest in the back seats, but that doesn’t detract from the fact that this is a great all-round EV.

10) Peugeot 2008: £181 per month

• Up-front cost: £1,923.72
• Contract length: 24 months
• Mileage limit: 5,000 per year

Like the look of the Peugeot 208 but want a high-riding SUV? Check out the Peugeot 2008. That extra zero gets you jacked-up styling with all the same tech as its smaller counterpart.

It may be a bit cramped in the back seats, but you may be willing to look past this because it’s cheap to run and easy to drive.

Buy your next car (and sell your old one) with Carwow

Didn’t find what you were looking for on this list? Check out all the latest leasing deals through Carwow, or use our handy car choosing tool to find the ideal model to suit your needs.

You can also sell your old car with Carwow, and it’s really easy to do. Just upload a few photos, answer a few questions and watch all the offers come flooding in. You can even have the car collected at a time to suit you.