Guide to Car Leasing Options Around £150/Month Without a Deposit in the UK for 2025 – What to Expect

Availability of £150/Month No Deposit Car Leasing Deals

• Smaller, more economical, or older models
• Cars with higher mileage or older inventory
• Personal Contract Hire (PCH) deals tailored to tighter budgets

According to data from Parkers (March 2025), monthly payments between £150 and £175 correspond mostly to small cars like Renault Clio, SEAT Ibiza, Vauxhall Corsa, Hyundai i10, Mazda 3, Peugeot 2008, Suzuki Swift, Dacia Duster, and MG4 EV. These offers may occasionally require a modest deposit or slightly exceed £150 monthly when no deposit is applied.

No deposit deals under £150 per month are generally available for older vehicles with higher mileage or shorter lease durations. Leasing brokers such as Let’s Lease typically present no deposit agreements starting at around £220+ per month.

Common Types of No Deposit Leasing Deals

There are two main leasing finance types that provide low monthly payments without a deposit, each with unique features:

Personal Contract Hire (PCH)

• Ideal for fixed-term rentals with set monthly payments
• No ownership; the vehicle is returned at lease end
• Monthly payments from about £150 to £175 with deposits; zero deposit deals at these rates are uncommon but possible on certain small cars
• Contract durations generally range from 12 to 48 months with mileage restrictions of 5,000 to 30,000 miles annually
• Examples include Renault Clio, SEAT Ibiza, and Vauxhall Corsa with deposits varying from zero to around £300

Personal Contract Purchase (PCP)

• Offers more zero deposit choices, but monthly payments tend to start above £180
• Requires credit approval
• Generally for nearly new or lightly used vehicles
• Option to buy the vehicle at the end via a balloon payment
• Sample deals:
• Dacia Sandero at approximately £189/month with no deposit (48 months, 8,000 miles/year)
• Nissan Qashqai from around £225/month zero deposit
• Volkswagen Polo near £240/month zero deposit

PCP zero deposit deals commonly have higher APRs (around 13.3-13.4%), reflecting the increased credit risk without an upfront payment.

Cars Commonly Available Around £150/Month with No Deposit

Market analysis for 2025 shows options near this monthly figure with no deposit usually include:

• Small hatchbacks such as Renault Clio, SEAT Ibiza, Hyundai i10, and Skoda Fabia
• Supermini and compact SUVs like Vauxhall Corsa, Peugeot 2008, Suzuki Swift, and Dacia Duster
• Small electric vehicles including the MG4 EV, often near the upper end of the £150-£175 range

Most deals are through Personal Contract Hire agreements with deposits either zero or very low. However, the availability of zero deposit deals close to £150 monthly is limited.

Contract Terms and Conditions to Consider

• Mileage Limits: Many contracts restrict annual mileage to between 5,000 and 10,000 miles at this price; surpassing limits may incur extra charges.
• Contract Length: Terms range from 12 to 48 months; shorter terms can influence monthly payments.
• Credit Approval: Strong credit scores are usually required for no deposit deals at lower monthly rates.
• Wear and Tear Policies: Standard fair wear and tear guidelines apply; excessive damage or mileage can lead to additional fees.
• Transparency of Fees: Reputable brokers highlight clear pricing with no hidden costs — reviewing terms thoroughly is essential.

Information on Companies Like Let’s Lease Offering No Deposit Leasing

Let’s Lease delivers no deposit car leasing across the UK, with adaptable mileage and contract choices. Their no deposit deals generally begin at about £220 per month, covering brands such as Volkswagen, Audi, Renault, Vauxhall, Hyundai, BMW, Kia, and Tesla.

They serve both personal and business clients, including those with limited or rebuilding credit histories, and offer free delivery within the UK mainland. However, no deposit offers around £150 per month are not typical in their current range.

Considerations for Those Exploring £150/Month No Deposit Leasing

• Adjust Monthly Budget to £175-£200: Increasing your budget can open access to a broader selection and better-quality vehicles.
• Investigate PCP Options for More Zero Deposit Deals: PCP finance often has a larger zero deposit vehicle selection but involves higher payments and interest rates.
• Evaluate Your Credit Profile: Zero deposit deals usually need strong credit and may include higher financing costs.
• Balance Mileage and Lease Term: Select terms matching your driving habits and budget to avoid unexpected costs.
• Inspect Vehicle Condition: Older or ex-demo vehicles might be cheaper but could show more wear or fewer features.
• Choose Transparent and Trustworthy Brokers: Work with firms that clearly outline terms and provide ongoing support.

Leasing a car in the UK for £150 per month without a deposit in 2025 is achievable but mainly limited to smaller, less expensive cars through Personal Contract Hire agreements. Zero deposit deals at about £150 monthly often slightly exceed this price range, closer to £160-£175.

PCP options can offer some zero deposit deals starting near £180 to £190 per month, usually for nearly new used models like the Dacia Sandero. Zero deposit leases on brand-new cars below £150 per month remain uncommon.

To improve chances of securing a suitable deal, consider flexible lease terms, a slightly higher budget, and maintaining good credit. Providers like Let’s Lease offer no deposit packages from about £220 per month with diverse vehicle choices.

Sources

• https://www.parkers.co.uk/car-leasing/advice/best-new-cars-for-150-per-month/
• https://www.letslease.co.uk/
• https://www.buyacar.co.uk/car-deals/0-deposit-car-finance-deals/

Disclaimer: All content, including text, graphics, images and information, contained on or available through this web site is for general information purposes only. The information and materials contained in these pages and the terms, conditions and descriptions that appear, are subject to change without notice.