Used Car Leasing Deals UK
Lease a nearly-new car for less. Our used lease cars are ex-lease vehicles from Lex Autolease, typically 1 to 4 years old with full service history and low mileage, and all of them are in stock and ready for delivery within 1 to 2 weeks. Every lease includes maintenance, tyres, road tax and breakdown cover. Prices are shown excluding VAT for business customers; switch to Personal for prices including VAT.
Every used lease car is fully inspected and supplied with warranty cover for complete peace of mind, giving you a reliable, modern vehicle without the high cost of buying or new car leasing.
Key benefits:
- Lower monthly payments vs new car leasing
- Fast UK delivery on in-stock second hand lease cars
- Most deals available with a one-month initial rental
How our used lease cars are selected
Each car is selected based on its age, mileage, service history and overall condition before being made available for lease, and is inspected before delivery to ensure it meets the required standard. The condition of the vehicle is recorded at the point of supply, giving both you and the leasing company a clear reference for the condition in which the car was received. At the end of the agreement, the vehicle is assessed with its age, mileage and original condition taken into account, so it is not expected to be returned in the same condition as a brand-new car. Normal deterioration from everyday use is treated as fair wear and tear, while damage, neglect or excessive deterioration may be chargeable.
All-Inclusive Maintenance
All servicing, routine repairs, MOTs and tyre replacements are included, helping you avoid unexpected costs and keep your vehicle running smoothly.
Free UK Delivery
All the cars below are in stock and ready for delivery within 1-2 weeks. UK-wide doorstep delivery is included at no extra cost.
Road Tax & Breakdown Cover
Your lease includes full road tax and nationwide breakdown cover for the full contract, giving you predictable monthly costs.
Your Dedicated Account Manager
You’ll have access to a dedicated account manager throughout your lease, providing support from enquiry through to delivery and beyond.
Second Hand Car Leasing Explained
Second hand car leasing, also called pre-owned contract hire, works exactly like leasing a brand new car, with one difference: the vehicle has already had a first owner. Most of our used lease cars are ex-lease or ex-demonstrator vehicles between one and four years old, with full service history and low recorded mileage.
Because the steepest depreciation has already happened, used car leasing can offer lower monthly rentals than leasing the equivalent vehicle from new. For a business running several vehicles that difference compounds quickly, which is why most of our used contract hire goes out on business lease.
You pay an initial rental, then a fixed monthly rental for an agreed term and annual mileage. At the end of the contract you hand the car back. There is no balloon payment, no part exchange to negotiate and no exposure to used values. Every car is HPI checked, inspected and prepared before delivery.
Who used car leasing suits
Used contract hire works best for businesses that want a modern, warrantied fleet without the monthly cost of brand new vehicles. It suits sole traders and limited companies adding their first company car, growing teams that need several vehicles on one agreement, and drivers who want a higher specification model than their budget would stretch to new.
Used Car Leasing for Business and No Deposit Options
Business used car leasing
Business contract hire on a used vehicle lets a VAT registered company reclaim 50 percent of the VAT on the monthly rental for a car used privately as well as for work, and 100 percent on a van or a car used solely for business. Lease rentals may be treated as an allowable business expense, subject to the customer’s circumstances and applicable tax and accounting rules. Customers should confirm the treatment with their accountant.
No deposit used car leasing (One-Month Initial Rental)
A no deposit, or low initial rental, agreement spreads the cost evenly across the term instead of asking for a large payment up front. It keeps cash in the business and makes monthly budgeting simpler, with a slightly higher monthly rental as the trade off. Most used vehicles on this page can be quoted on a one month initial rental.
Who can lease a used car
Finance approval is subject to status and the funder’s underwriting criteria. Requirements vary depending on the applicant, business age and credit profile, and may include company accounts, bank statements or additional supporting information. Our team will explain the requirements before an application is submitted.
Used Car Leasing Deals for Every Fuel Type
We offer a carefully selected range of petrol, diesel, hybrid, plug-in hybrid and fully electric used cars, giving you flexible options to suit every driver and budget.
| Fuel Type | Best Suited For | Key Benefits |
|---|---|---|
| Petrol | Shorter journeys and lower annual mileage | Simple everyday driving with a wide choice of vehicles |
| Diesel | Motorway driving and higher annual mileage | Well suited to longer journeys and regular long-distance driving |
| Hybrid / Plug-in Hybrid | Mixed driving and drivers wanting greater flexibility | Combines petrol and electric power with improved fuel efficiency and lower emissions |
| Electric | Drivers looking for zero-emission motoring | Lower running costs, quiet performance and zero tailpipe emissions |
What our customers say...
Christine Lawrence I leased a used car from Silverstone
The only car leasing firm I ever recommend. Simply fabulous from start to finish. Very quick to respond and provide information and couldn't be more helpful. Many of my friends, family and colleagues have used their amazing service and have nothing but fantastic things to say. Would highly recommend.
Leased a Audi A5
Peter Anderson Leasing a used car through Silverstone was easy!
Great service, great media content 👏
Leased a Cupra Tavascan
Richard “Blandy” Bland I would highly recommend
We just had a company car delivered from the manufacturer after being arranged and brokered through Silverstone Leasing. The experience was nothing short of exceptional. Ryan and Mandy, in particular, have been genuinely focused, answering all my questions and concerns with open and honest feedback. I would highly recommend them for any future lease deals. Thank you for making my dream car appear on my driveway.
Leased a Alpine A290
How Used Car Leasing Works
Getting started with used car leasing is quick and straightforward. Follow these simple steps:
| Step | What Happens |
|---|---|
| 1. Choose Your Car | Browse our available second-hand car leasing deals and choose the vehicle that suits you. |
| 2. Choose Your Contract | Select your preferred contract length, annual mileage and available options. |
| 3. Get Your Quote | Request a personalised quote from one of our experienced leasing specialists. |
| 4. Apply for Finance | Complete a straightforward finance application for approval. |
| 5. Take Delivery | Your vehicle is delivered to your door anywhere in the UK, ready for you to enjoy. |
At the end of your agreement, simply return the vehicle and choose whether to upgrade to another model or explore your next leasing option.
Get in touch with us today about used car leasing Our friendly team are here to help.
Used Car Leasing vs Buying - Which Is Better?
When deciding between leasing or buying a used car, the right option depends on your budget, driving habits, flexibility and whether long-term ownership is important to you.
| Comparison | Leasing a Used Car | Buying a Used Car |
|---|---|---|
| Monthly Costs | Fixed monthly payments for an agreed contract term. | Monthly finance payments may apply, or a larger upfront payment may be required. |
| Ownership | You do not own the vehicle at the end of the agreement. | You own the vehicle once it has been purchased or any finance has been fully repaid. |
| Depreciation | You do not need to sell the vehicle or manage its future resale value. | You are responsible for the vehicle's resale value and any depreciation. |
| Changing Your Car | Move into another vehicle at the end of your lease agreement. | You will normally need to sell or part-exchange your existing vehicle first. |
| Maintenance | Our used car leasing deals include a maintenance package, helping make running costs more predictable. | You are responsible for servicing, maintenance and repair costs. |
| Mileage | Your agreement includes an agreed annual mileage allowance, with excess mileage charges potentially applying. | There is no contractual mileage limit. |
| End of Agreement | Simply return the vehicle in line with the agreed return and fair wear and tear standards. | You keep the vehicle and decide when or whether to sell it. |
Used Car Leasing - FAQs and Expert Answers
Used car leasing is a finance agreement allowing you to drive a high-quality, pre-owned vehicle over a set contract length without taking on ownership. You pay an initial rental followed by fixed monthly payments. Once your contract ends, our team collects the vehicle, leaving you free to hand it back or upgrade without dealing with trade-in negotiation or depreciation.
The primary factor to keep in mind is that you will not own the vehicle at the end of the agreement. Other key considerations include:
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Fair wear and tear guidelines: Vehicles are assessed against strict BVRLA standards upon return, so any damage outside normal use may incur refurbishment charges.
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Mileage restrictions: Exceeding your agreed annual mileage allowance will result in an excess mileage charge per mile.
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Pre-existing mileage: While every car undergoes comprehensive mechanical checks, it will have a history and mileage from its previous keeper.
Yes. Used electric car leasing can be a cost-effective way to move into an EV, combining potentially lower monthly rentals with lower home-charging costs compared with petrol or diesel fuel costs, depending on your electricity tariff and usage.
Most used car leases run between 24 and 48 months, depending on the vehicle and provider. Shorter contracts offer more flexibility, while longer terms usually reduce monthly payments.
Yes. Our used car leasing deals include a maintenance package covering servicing, routine maintenance, MOTs and tyre replacement, helping you budget with predictable monthly costs. Full details of the maintenance cover are confirmed within your individual quotation and agreement.
All prices on this page are shown excluding VAT, because most of our used lease customers are VAT registered businesses. Personal lease pricing including VAT is available by using the 'Personal' toggle at the top.
Yes. Leasing a second-hand car is often significantly cheaper than leasing new because the steepest drop in value occurs during a car’s first few years. By opting for a nearly-new vehicle that has already absorbed that initial depreciation, you secure lower monthly rentals while still enjoying a modern, reliable car with up-to-date technology, safety features and manufacturer warranty cover.
It’s an ideal option if you want to lower your monthly expenditure, keep costs fixed and predictable, and avoid the risks of depreciation and resale hassle.
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Example: A used 2023 Hyundai Ioniq 5 can be around £234.28 +VAT per month compared to £370.29 +VAT per month for a brand-new model, saving you over £136 +VAT each month for the exact same model.
Our Customer Video Testimonials
From first enquiry to delivery day, our customers share why we’re rated five stars for service, support, and a seamless leasing experience.
Hear from Our Happy Customers
At Silverstone Leasing, we believe the best way to understand the quality of our service is to hear directly from the people who matter most – our customers. In these short video testimonials, you’ll see real experiences from individuals and businesses who’ve leased with us. From first-time drivers to fleet managers, their stories highlight the care, transparency, and expertise that set us apart.
