Read the blog to see some example costs, plus more on why it costs what it does to lease for 3 months.
Leasing a car for just 3 months can be a sensible option for those who need a vehicle for a very short period of time. It has become a more popular alternative to buying a car outright, particularly for those not keen on committing to a long-term financial obligation.
But just how much is a 3 month car lease price? You can see some example costs below, then more detail on why it costs what it does to lease a car for 3 months.
3 month car lease prices
- Fiat 500 Hatchback - £399.95 per month ex. VAT
- Suzuki S-Cross Hatchback - £499.95 per month ex. VAT
- Mini Clubman Estate - £599.95 per month ex. VAT
- BMW 1 Series Hatchback - £399.95 per month ex. VAT
- Mercedes Benz A Class Hatchback - £749.95 per month ex. VAT
- BMW 3 Series Saloon - £949.95 per month ex. VAT
- Volvo XC90 Estate - £1,1995.95 per month ex. VAT
Please note, these prices and vehicle availability are correct at the time this blog post was written. To view our current offers, click here.
What influences a 3 month lease car cost?
Leasing a car for three months in the UK can be a cost-effective way of getting around, but the cost will depend on several factors. These include the make and model of the car, the mileage allowance, and the deposit you put down.
However, it is certainly cheaper to lease a car for 3 months rather than rent one. ACL Automotive are specialists in short term car leasing deals – browse them all here.
Here are the factors that affect a 3 month car lease cost in more detail.
1. Type of car including make and model
The type of vehicle you choose will have a significant influence on how much a 3 month car lease costs. Luxury cars and high-end models will always cost more to lease than standard or smaller models.
The make and model of the car will also play a role in determining the cost. Some popular car brands may occasionally have higher 3 month leasing costs due to their reputation and demand.
2. Length of lease
The length of the short term car leasing deal can also be another factor that will affect the cost. Generally, the longer the lease, the lower the monthly payments will be, meaning 3 month car leases will often cost more than a 12 or 18 month lease.
However, this is not always the case as some leasing companies may offer better rates for shorter lease terms. It is important to consider the length of the lease carefully and choose a term that fits your budget and needs.
3. Mileage allowance
Some lease companies will also have different 3 month car lease prices depending on the mileage allowance you opt for. Mileage allowance is how many miles you are allowed to drive the car during the lease term, without incurring over-mileage penalties.
The higher the mileage allowance, the higher the monthly payments will tend to be. If you exceed the mileage allowance, you may be charged additional fees at the end of the lease. We recommend that you estimate your mileage needs as accurately as you can so you choose a mileage allowance that works best for you.
4. Insurance and maintenance costs
Whilst not part of the 3 month leasing price the company charges you, it’s still important to consider extra costs. Most leasing companies require you to have comprehensive insurance coverage on the vehicle. The cost of insurance will depend on your driving history, location, and other factors. It is important to shop around for insurance quotes to find the best deal.
Maintenance costs are another factor to consider. While many lease companies include routine maintenance and repairs, you may be responsible for additional costs if the car requires major repairs or replacement parts.
It is important to read the lease agreement carefully and understand what maintenance costs are covered and what you will be responsible for.
Thankfully you won’t be responsible for getting an MOT given the short time you will be responsible for the vehicle.
How to calculate how much you will pay for a 3 month car lease?
As well as the monthly payments, it’s also important to be aware of additional fees when leasing for 3 months. These can include excess mileage charges which you will incurr if you exceed the agreed mileage allowance, and end-of-lease charges, which cover any damage or excessive wear and tear to the car.
For example, if a driver exceeds the agreed mileage allowance of 5,000 miles by 1,000 miles, they could be charged an additional £0.10 per mile, resulting in an excess mileage charge of £100. End-of-lease charges can vary depending on the extent of the damage or wear and tear to the car.