It paints a picture of consumer car purchasing behaviour during lockdown and shows:

  • The average amount saved is £7,150 by choosing a lease over a PCP car deal
  • Consumers can save more than £5,000 on a Ford Fiesta, the UK’s most popular car, by opting for a lease over PCP
  • The biggest disparity between car leasing and PCP is £9,664 on a Volkswagen T-Roc
  • A Mercedes-Benz A Class costs £12,783 on PCP but only £6264 on a lease, saving the consumer £6519

The data also shows how leasing is enabling consumers to get more for their money during lockdown, with premium cars dominating lease enquiries when they do not comprise the UK’s most popular cars bought outright.

Key findings included:

Mercedes-Benz A Class

  • Cost of 2 year PCP payments: £12,783
  • Cost of 2 year lease: £6264
  • Overall saving by choosing a lease: £6519

Audi A4 Saloon

  • Cost of 2 year PCP payments: £15,079
  • Cost of 2 year lease: £5915
  • Overall saving by choosing a lease: £9164

Volkswagen T-Roc

  • Cost of 2 year PCP payments: £16,687
  • Cost of 2 year lease: £7,023
  • Overall saving by choosing a lease: £9,664

Ford Fiesta

  • Cost of 2 year PCP payments: £8762
  • Cost of 2 year lease: £4480
  • Overall saving by choosing a lease: £5,460

Volkswagen Golf 1.6

  • Cost of 2 year PCP payments: £11,423
  • Cost of 2 year lease: £5189
  • Overall saving by choosing a lease: £6234

Ford Focus Hatchback

  • Cost of 2 year PCP payments: £11, 302
  • Cost of 2 year lease: £5440
  • Overall saving by choosing a lease: £5863

Average amount saved by choosing a lease: £7150

  • People can afford much more premium cars when leasing. The data looks at the top enquired cars for leasing compared to the top-selling cars in the UK, finding higher premium cars dominate the lease enquiries but are not the top sold UK cars outside of leasing.

Top 3 sold cars in the UK

  1. Ford Fiesta – £4,283
  2. VW Golf – £6,234
  3. Ford Focus – £5,863

Average cost: £5,460

Top 3 enquired cars for lease

  1. Merc A Class – £6,519
  2. Audi A4 – 9,164
  3. VW T-Roc – £9,664

Average cost of lease: £8,449