Car finance is big business these days, with around 90% of new cars in the UK being obtained through personal contract purchase (PCP) deals.
Yet with four out of five drivers swapping into a new car at the end of their term, rather than taking up the option of buying their existing car, could leasing be a wiser option?
Also known as personal contract hire (PCH), this is essentially a long-term rental, which is familiar to business users but largely overlooked by private buyers.
You never get to own the car, but the deposits and monthly rental bills are usually much lower than for a PCP, making this is a great way to get your hands on models that would ordinarily be out of reach.
Most manufacturers offer PCH as an option, but you’ll get the best deals from the dedicated leasing firms, most of which operate online.
To give an idea of what’s out there, we’ve gathered together 20 cars that are as interesting as they are entertaining – and with everything from SUVs to sports cars, there should be something for everyone.
Range Rover Evoque D150 2WD R-Dynamic
The new Evoque is arguably the most desirable small SUV there is. With its successful update of the original’s slick design and step-changes in quality and driving dynamics, the baby Rangie is now as good as it looks. It’s assured and precise on the road, while its trick Terrain Response system means it can go farther off the beaten track than many 4x4 rivals. Then there’s the interior, which oozes a sense of calm: few places are as pleasant to pass the miles in.
List price: £31,385; monthly cost: £302; initial rental: £2721; term: 48 months; annual mileage: 8000
Alfa Romeo Giulia 2.0 TB Nero Edizione
Oozing style and character, the Giulia is a compact executive saloon you buy with your heart as much as your head. Recent updates have improved its everyday usability, but happily the quick steering, rear-wheel-drive balance and lovely 2.0-litre turbo engine remain largely unchanged. The Nero Edizione not only sounds very cool (just say it in your best Italian), but also the matt black treatment for its 18in alloys, exterior trim and badging give it the same visual vibe as the mighty Quadrifoglio. There’s natty two-tone leather trim, too, plus a whole host of tech upgrades and dial-controlled infotainment.