Best Hyundai car lease deals

The beauty of the Hyundai range is that there’s an option for most budgets. Starting from less than £200/month for the Hyundai i10, all the way up to £700+/month for the sporty Hyundai IONIQ 5 N.

To be clear, these are rough estimates on the lower end of the pricing scale as they’re based on the driver opting for the largest initial rental of 12 months. In other words, the cost could be higher than this depending on how you set up your Hyundai lease.

But with a Hyundai lease you have a lot of flexibility to get the pricing right, whether it’s based on your choice of model or variant, the lease term (duration) and other particulars of the lease agreement (initial rental, inclusions). 

Of course, the cost of a Hyundai lease can also vary significantly on the lease provider you choose. This is where CarLease.co.uk can help by allowing you to compare Hyundai lease deals from multiple providers at once.

When you lease a Hyundai, the agreement provides you with the exclusive use of the vehicle for a set period and mileage limit, which typically ranges from 5,000 to 15,000 miles per year. 

Depending on the agreement the lease may also include the road tax and maintenance, which cover routine servicing and certain repair costs.

However, there are some exclusions to be aware of. Insurance on the Hyundai you choose is usually not included in the lease and must be arranged separately by the lessee. 

Additionally, fees for excessive wear and tear or damage to the vehicle that exceeds the agreed condition standards will be charged. If you exceed the annual mileage limit, over-mileage fees will apply. It's also important to note that personal customisation of the vehicle is typically restricted or completely prohibited during the lease term.

You’ll generally get a cheapest Hyundai lease deal by choosing one of the smaller models. Specifically, the i10 is generally the cheapest model in the Hyundai fleet. That’s largely down to its purchase price which naturally has a big impact on how much you pay to lease a vehicle.

But the actual cost of your Hyundai lease will come down to other factors. If finding the absolutely cheapest Hyundai lease is your priority, you could consider a used model.

Here are some ways you may be able to save money on your Hyundai lease:

1. Look for special offers: Lease providers sometimes offer special leasing deals, particularly towards the end of a month, quarter, or model year.
2. Choose your mileage limit carefully: This could help you avoid excess mileage charges for going over your limit.
3. Maintenance packages: Consider whether including a maintenance package in your lease will be more expensive than looking after maintenance yourself separately.
4. Check if you can salary sacrifice your Hyundai: If you’re eligible, there can be considerable tax savings available if you pay for your Hyundai lease through your employer under a salary sacrifice scheme.
5. Consider a used Hyundai: Leasing a used Hyundai that’s even only a couple of years old can be significantly cheaper than a brand new model. You can generally still find good quality lease options on used Hyundai models given the popularity of the brand.
6. Shop around for Hyundai lease deals: Check different leasing companies to compare deals. CarLease.co.uk can help you find the providers offering the best prices on Hyundai leases.

When your Hyundai lease ends, you’ll have a few options options:

1. Return the car: You can simply return the car to the leasing company. Your Hyundai will typically undergo an inspection to check for excess wear and tear. If the vehicle has damage beyond what is considered normal, or if you've exceeded the mileage limits set in your lease agreement, you may incur additional charges.
2. Lease another car: You can either look for another Hyundai lease if you like the brand, or you’re free to start another lease with any other type of car that suits.
3. Extend the lease: Some lease agreements offer the flexibility to extend the lease for an additional period. If the Hyundai you’ve been leasing is still suitable for your needs, this could be a good option. There may be an admin fee charged by the leasing provider if you extend the lease.

Depending on the situation, you can generally get a Hyundai lease without needing to pay a deposit. However, most drivers do choose to contribute an initial rental of three months or more in some cases.

The initial rental on your Hyundai can be set anywhere from the equivalent of one to 12 months worth of payments. The higher the initial rental you choose, the less you’ll pay each month on your Hyundai lease.

The main eligibility criteria for leasing a Hyundai in the UK are:

• Being over 18 years of age
• Having a full driving licence
• Having a good credit score
• Having an income that’s sufficient to cover the regular payments