Car Lease Comparison – The 10 Best Cars To Lease Right Now: 2020 Edition

Car Lease Comparison – The 10 Best Cars To Lease Right Now: 2020 Edition

The List

  1. BMW – 3 Series Saloon – 320i M Sport 4dr Step Auto (2019 Model Year)
  2. BMW – 3 Series Diesel Saloon – 320d M Sport 4dr Step Auto (2019 Model Year)
  3. BMW – 3 Series Diesel Touring – 320d M Sport 5dr Step Auto (2019 Model Year)
  4. Mercedes – C Class Diesel Saloon – c300d AMG Line Edition Premium 4dr 9G-Tronic (2018 Model Year)
  5. Volvo – V90 Estate – 2.0 T4 Momentum Plus 5dr Geartronic (2017 Model Year)
  6. Volvo – S90 Diesel Estate – 2.0 Inscription 4dr Geartronic (2016 Model Year)
  7. Volvo – S90 Diesel Estate – 2.0 D4 Momentum Pro 4dr Geartronic (2016 Model Year)
  8. Volvo – S90 Saloon – 2.0 T4 Momentum Plus 4dr Geartronic (2017 Model Year)
  9. Volvo – S90 Saloon – 2.0 T4 R DESIGN Plus 4dr Geartronic (2017 Model Year)
  10. Volvo – S90 Saloon – 2.0 T4 Inscription Plus 4dr Geartronic (2017 Model Year)
  • The ‘Model Year’ written at the end of each model description only relates to when that vehicle was first released (the shape of the car)

Keep an eye out for leasing deals

UK lockdown is about to end, and there will be A LOT of car leasing deals floating around as dealers try to remove depreciating assets from their books and get them into customers hands.

The list we’ve curated above completely ignores any upcoming deals, instead, we’ve applied raw mathematics in order to find the 10 best cars to lease based on how much “value for money” they offer. So if you find any of the vehicles above on a deal, be sure to investigate further as we don’t think they will hang around long.

What did we use to create this list?

We use a combination of:

  • Manufacturer List Price
  • Total Lease Cost
  • Residual Value

Leasing: Value For Money

Remember, at Car Leasing Guru, we do not review vehicles. Instead, we look objectively in terms of overall “value for money”. Use our free car leasing comparison system on the homepage, and we’ll tell you exactly what you should be paying to lease any car. We take an independent and impartial view of the market to show you what is fair.

Every car in this article scored a perfect 10/10 based on the Car Leasing Guru scoring system. You can find more about how we score vehicles here. Anything above a 9 is often high spec, high list price, small monthly payments.

We’re going to show you 3 graphs, (I know…boring) but they’re a great visual indicator to help highlight exactly how much things cost.

On The Road (OTR) Price

The graph below shows the ‘On the Road’ price for each vehicle in our top 10. The OTR price is how much it costs to physically get that vehicle on the road, and includes things like the delivery price and road tax.

You’ll notice that everything in the top 10 costs £30,000+. We didn’t do this on purpose, our system actually looked at thousands of different vehicles, from the humble Volkswagen Golf to Aston Martin and everything in-between.

Total Lease Cost

The total lease cost is the total amount you would pay to lease a car over a certain period and mileage; say 24 months @ 10,000 per year.

The graph below shows you exactly how much you would pay for any lease between 24 month to 48 months, covering fairly common mileages, such as 10, 20 and 30,000 miles per annum.

If your monthly payment is £250 per month, your total lease cost over 24 months would be £6,000. (250 x 24)

Generally, the most common lease would be 36 months @ 20,000 miles per annum.  If you cast your eyes across the line that says ’36m 20mpa’, then you can see how much each vehicle would cost over that specific term.

This graph is a good visual indication to show you the differences between vehicles, and how much you would pay (in total) over the course of a lease.

As you can see, the shorter your lease, the less you pay overall, but the higher your monthly payment.

You can lease for a longer period to spread the monthly payments to make them cheaper, but your total lease cost will be slightly more. It really depends on your personal circumstances…

  • Mileage is calculated per annum. 24m 20mpa = 24 months @ 40,000 miles

Top 10 total lease cost

Percentage Of List

The ‘percentage of list’ is the difference between the capital cost (OTR price) and the Residual Value (RV).

The lower the number, the better the percentage of list and technically, the better the overall value.

Just be aware, the percentage of list needs to be double-checked against the ‘On The Road’ price, otherwise, a Lamborghini looks like good value for money since they hold their money better than most.

If you take a look at the graph below and trace your eyes across the top line you can how much of the total vehicle you would pay for (as a percentage).

This is why the BMW 320i comes out on top in our list. You are only paying a fraction of the total cost of the vehicle.

  • On The Road (OTR) Price: £35,240
  • Total Lease Cost (24m 10mpa): £5,918
  • % of List: 16.8%

 

Top 10 percent of list

Tip: The bottom line is that sometimes you may look at a vehicle and think it’s far too expensive to lease because it costs a lot of money from the manufacturer – that isn’t always the case, and as long as you research, you will often find some great deals on cars you thought were out of your price range. Our top 10 list is a great place to start.

Thank You!

We’ve crunched the numbers and combined lots of elements in order to show you the 10 best cars to lease right now!

We absolutely encourage you to do your own research to find the best deal you can, but we hope that you’ll go away a little more informed so that you can make the best decision going forward.

Remember to use our car lease comparison guide on the homepage, and we’ll tell you exactly what you should be paying for the vehicles in this top 10 list.

Please check out our leasing guides, and if you want us to analyse a particular vehicle you’re interested in, hit us up with a comment on our Facebook page and we’ll look into it for you.

We look forward to seeing you again soon!

The Car Leasing Guru Team