How to get a great deal on a new car ... car leasing explained!

Should I always be leasing my car? Is leasing really the cheapest way of getting a new car? These are really good questions!

So, you may think we're biased, but here we'll try to demonstrate why leasing is a great way of saving £££s on your new car. It's always good practise to compare the best offers, so any deal you find on LeaseLoco, make sure you check it against a PCP deal for the same car. Only by comparing them both will you find out which is cheaper.

And actually, more often than not, leasing deals are cheaper. And, when they are cheaper, the savings can be huge.

Take, for example, a great deal we had on a BMW 420d M Sport Coupe, which had an initial upfront payment of £1,336 and a monthly payment of £345.83 for three years with ten thousand miles. Nice.

This car was priced just under £41k. So guess how much the PCP deal was advertised on the BMW website? Which, by the way, had a low 4.9% APR and a £3,100 initial deposit contribution...

It's the same upfront payment, then £659.85 per month after that. This deal on PCP is £314.15 more a month, so in total, that's about £3,769.80 saving a year. And, over the 3 years, that's a total saving of £11k - and that deal only ranked 90 on our Loco Score 🤯

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Getting the best deal on your new car has never been easier with LeaseLoco. Choose your perfect car with our configurator tool and our powerful algorithms will instantly find you the hottest leasing deals available on the market. Compare prices and view historical pricing data so you know what's hot and what's not, meaning you can find the best deals without the stress of haggling. Simple!

Visit our site to save money on your new car lease – leaseloco.com