Car Leasing Near £150 per Month with No Deposit in 2025: What to Expect

Finding a no-deposit car lease at £150/month in 2025 is rare but possible—mainly with used cars on PCP finance. Understanding the higher monthly costs, strict credit requirements, and limited brand-new options can help you make smarter, budget-friendly leasing decisions this year.

Understanding Car Leasing for £150/month with No Deposit

What Type of Deals Are Typically Available at £150/Month with No Deposit?

Offers for £150/month zero deposit deals on brand-new cars are very uncommon in 2025.
Deals near this price largely involve used cars or older models with PCP finance rather than PCH leasing.
For brand-new cars, monthly payments without a deposit commonly start above approximately £175 to £200.
PCP deals generally involve no upfront payment but include higher monthly payments compared to leases where a deposit is paid.

How Do No Deposit Deals Usually Work?

In a no deposit PCP, no upfront payment is required, but monthly payments tend to be higher, and there is often an optional final payment if you choose to purchase the vehicle outright.
These agreements typically last between 36 and 48 months, with mileage limits commonly around 8,000 miles per year.
Zero deposit offers require a good or excellent credit score along with proof of income, since lenders take on more risk without an upfront deposit.

Examples of No Deposit Deals Near £150/Month in 2025

Based on available market information, here are some examples of cars you can finance or lease with no deposit at approximately £150 per month or more:

Dacia Sandero 1.0 SCe Essential
Monthly Payment: Approximately £177
PCP, 48 months, zero deposit
Mileage: Around 37,000 miles (used)
Optional final payment: Approximately £2,970
APR: About 13.4%
Vauxhall Corsa 1.2 Turbo SE
Monthly Payment: Approximately £205
PCP, 48 months, zero deposit
Mileage: About 53,600 miles (used)
Optional final payment: £3,262.50
APR: About 13.4%
Nissan Qashqai N-Connecta
Monthly Payment: Around £226
PCP, 48 months, zero deposit
Mileage: Approximately 65,000 miles (used)
Optional final payment: £4,837.50
APR: About 13.3%
Volkswagen Polo SE
Monthly Payment: Approximately £244
PCP, 48 months, zero deposit
Mileage: About 66,400 miles (used)
Optional final payment: £4,050
APR: About 13.3%
MINI Hatchback 1.5 Cooper
Monthly Payment: Approximately £323
PCP, 48 months, zero deposit
Mileage: Around 18,600 miles (used)
Optional final payment: £6,862.50
APR: About 13.3%

These examples illustrate that zero deposit deals generally result in monthly payments above £175-£200 for commonly available used models. Finding deals at exactly £150/month with zero deposit is uncommon due to current market pricing and limited options for low-cost new vehicles.

Factors Influencing Zero Deposit Deals Around £150/Month

Market and Pricing Conditions in 2025

The availability of small, low-cost cars to lease around £150/month has become more limited.
Leasing without an upfront deposit usually leads to higher monthly payments, as the finance provider assumes greater risk.
Zero deposit deals are primarily offered on used or nearly new vehicles via PCP, rather than on brand-new cars through PCH.
Increasing your monthly budget to around £200 can significantly broaden the options you can consider with zero deposit.

Credit and Financial Considerations

A strong credit profile is typically required for zero deposit offers because lenders need assurance that payments will be made on time.
Proof of income may be necessary, and in some cases a guarantor might be requested.
Without a deposit, monthly installments will usually be higher, so it’s important to evaluate what is affordable for your situation.
While some dealers may offer partial deposit contributions or discounts, pure zero deposit deals normally have a marked increase in monthly cost compared to deals with a deposit.

Points to Keep in Mind When Exploring Car Leasing Deals in 2025

Understand the distinction between PCH leasing and PCP finance — zero deposit arrangements are more common with PCP.
Note the age and condition of the vehicle; zero deposit deals near £150/month generally involve used cars that are a few years old.
Pay attention to contract length and mileage allowances — lower monthly payments may correspond with stricter mileage restrictions or longer term contracts.
A credit check is usually required, with zero deposit offers favoring good credit histories; lower credit scores may necessitate a deposit.
Calculate the total cost of the agreement, including any optional final payment, to assess overall affordability beyond just the monthly payment.

Approaches to Exploring £150 No Deposit Offers in 2025

Regularly review specialist leasing and car finance websites such as Parkers, BuyaCar, and Nationwide Vehicle Contracts for current listings and offers.
Use online calculators that allow adjustment of deposit amounts to £0 in order to view monthly payment estimates reflecting zero deposit scenarios.
Consider increasing the budget slightly, for example, to around £200/month to access a more extensive selection of zero deposit deals.
Keep in mind that promotions and vehicle availability can change frequently, affecting which deals are on offer.
Individual eligibility and final pricing will depend on personal credit scores and financial circumstances.

Summary

Car leasing at £150 per month with no deposit is possible but limited, generally available on used vehicles via PCP finance.
Offers on brand-new cars at this price point without a deposit are rare.
Typical examples, such as the Dacia Sandero and Vauxhall Corsa, have monthly payments from about £177 to £205.
Good credit and proof of income are usually required, and monthly payments without a deposit are higher than for deals with a deposit.
Increasing the budget to £200 or more provides wider choice and flexibility.
Always carefully review contract terms including mileage limits, contract length, total payable amounts, and any optional final payments before committing.

Car leasing at £150/month with no deposit in 2025 is mainly feasible for used cars using PCP finance agreements rather than traditional leasing. Prioritizing credit health and considering nearly new or used cars can help identify deals within this budget.

Sources

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