Luxury Car Leasing Guide 2024

Whether you’re a successful entrepreneur, car enthusiast, or skilled professional, there’s no better way to make a statement on the road than driving a luxury lease car. 

You’ll get heads turning while also driving a car that’s comfortable, features state-of-the-art technologies, and has a powerful engine. What’s not to like? 

Whether you’re after a BMW, Porsche, Audi, or Jaguar, our guide covers everything you need to know about prestige car leasing. 

Luxury car leasing allows you to drive the latest high-end cars on the market without the full commitment and cost associated with ownership. 

Instead of buying the luxury car outright, you pay an initial payment and fixed monthly rentals for the duration of the lease agreement. Once the agreement ends, you can either return the car, purchase it, or lease a new luxury car. 

Luxury car leasing is a great way to get behind the wheel of your dream car that otherwise might have been too expensive. There are luxury car lease deals on some of the most iconic manufacturers around, including Porsche, Maserati, Audi, BMW, Mercedes-Benz, and Jaguar. 

For more information on leasing, check out our guide, Leasing vs Buying. 

A luxury lease car is a high-end vehicle that comes with superb quality, performance, and style. It will feature some of the best technology around and various advanced safety features, offering a driving experience that is a cut above the rest. 

From eye-catching designs to hand-crafted interiors, a premium car delivers all the extras that make driving feel special. 

Also, luxury lease cars are much more expensive than regular lease cars. While you’d typically find a regular lease car for between £300 and £450 a month, prestige lease cars tend to be more than £450 a month. 

This is because the value of the vehicle is much higher, and as a result, so are the monthly rentals. 

If you are thinking about the cost, our best advice would be to opt for a longer contract term, as this will spread the cost. 

Leasing a prestige car is ideal for those who can afford the extra payments and want to prioritise driving high-end vehicles without the hassle of ownership. However, it’s important to assess the situation and your lifestyle before making a decision. 

Benefits of luxury car leasing: 

• Access to expensive models - Luxury car leasing allows you to drive a more expensive car. So, whether you’re using it as a company car or a personal vehicle, rest assured that you’ll get heads turning.
• Financial flexibility - One of the main benefits of luxury car leasing, or just car leasing in general, is financial flexibility. Your payments are spread out throughout your contract, allowing you to enjoy a high-end vehicle at a lower up-front cost. 
• Access to the latest technology - Part and parcel of leasing a prestige car is that you get access to state-of-the-art technology. When leasing a luxury car, you’ll get the latest in safety, performance, and comfort technology. 
• Minimal depreciation concerns - Cars, especially luxury ones, depreciate from the moment they are driven on the road. When leasing a luxury car, you don’t even have to worry about depreciation as you never actually own the car, meaning you’ll never have to come and sell it. At the end of your contract, you simply return the vehicle to the finance provider. 

Things to consider when leasing a luxury car:

• Expensive upkeep - Luxury cars are often much more expensive to maintain than a normal car, thanks to premium and uncommon materials. Also, they usually feature more powerful engines, so go through fuel much quicker. If you want a petrol or diesel luxury car, I’d expect your fuel costs to be pretty pricey. For more information, check out our Fuel Calculator. 
• Maintenance costs - It will be more expensive to maintain and repair your luxury car. While you can add a maintenance package to your luxury car lease, we’d recommend reading the terms and conditions to understand what’s covered. 
• Mileage limits - When you lease a car, it comes with strict mileage limits. Exceeding these limits in your luxury car can result in costly fees at the end of your lease, so it's important to choose an amount that matches your driving habits. 
• Expensive insurance - When you lease a top-of-the-range car, the insurance premiums you pay will be higher. This is because the car’s value is much higher and will sit in a more expensive insurance group. For more information, check out our UK Car Insurance Groups guide. 

When you get behind the wheel of a luxury car, you’re not just getting a car. You’re getting an experience. You’re stepping into a world of cutting-edge technology, performance, and comfort. 

Here are the key features that set luxury cars apart: 

• Powerful engines - Whether in the form of a petrol/diesel or an electric powertrain, luxury cars come with powerful engines that offer more horsepower, faster acceleration, and advanced drivetrains. 
• Luxurious cabins - The standout feature of luxury cars is the cabin. Designed with premium materials and incredible attention to detail, expect leather seats, customisable lighting, and top-quality craftsmanship. 
• Advanced technology - From state-of-the-art infotainment systems to advanced driver assistance systems, technology in luxury cars is top-notch. You’ll get large touchscreen displays, premium sound systems, and full smartphone integration. Some luxury cars are now even incorporating artificial intelligence and head-up displays! 

There’s plenty of choice if you’re after a prestige car lease deal. Here are some fan favourites we’d consider: 

Leasing a luxury car offers the opportunity to experience a top-tier vehicle without the long-term financial commitment. Whether you’re after a luxury SUV, saloon, or coupe, there are plenty of options to choose from. 

For more information, check out our prestige lease deals or call us on 0345 811 9595.