If you fancy an up-market motor but don’t have the cash to buy it outright, personal or business contract hire (also called leasing) could be the answer!

With car leasing, you only pay for the depreciation of the car, meaning your monthly costs are way lower than, say, a hire purchase agreement.

In this blog, I’ve picked out 7 of the best cars on LeaseFetcher you can lease for under £500 per month. We’ve got a classy Lexus, a super quick Porsche and a whole lot in between! Let’s get started!

The Lexus RC is a welcome break from the petrol-drenched coupes that every other manufacturer is pumping out.

From the outside, the RC’s styling is superb. From the gentle curving lines of the bonnet to the sharp angular shape of the grille, everything just oozes sophistication.

Inside everything is bang on trend too. Soft-touch materials are used lavishly and every dial, knob and button feels precisely engineered. Adding to the luxury, even the basic models are well specced with sat-nav, keyless entry and DAB radios included as standard.

On the road, the Lexus is a bit more sedentary than you’d expect.

Stamp on the the accelerator in a BMW M4 and you’re thrown backwards into your seat while shivers run up your neck.

Stamp on the accelerator in the RC and you glide forward at a rate slightly higher than before.

It's not exactly exciting but maybe that misses the point of the RC. It’s not a car to take round the Nurburgring ring in a squealing howl of rubber and fury. It’s a classy car for classy people and being in a rush ain’t classy.

50 viewed this car RC Coupe (2015) View Gallery
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Lexus RC Coupe (2015)

5 derivatives available

  • Doors: 2
  • Engine: 2.0 - 2.5
  • Fuel: P, H
  • Body: Coupe
  • Drive: A
  • CO2: 113 - 168g/km

From £419.60 Per Month

Initial Rental: £2,517.60 inc VAT

Let's start with the most important thing. The Jag looks the business. It’s subtle without being boring and has this brilliant half-confident, half-menacing look going on with sharp slits for the headlights and a gaping front grille.

Inside, everything looks premium and it feels well-built. With the exception of one or two pieces of cheaper plastics hidden away out of sight, it’s exactly what you’d expect from a Jag.

Driving the Jaguar XE is an absolute joy. You’re sat so low down and the seats wrap around you like you’re a fighter pilot. In front of you, there’s this amazing panorama of digital displays that replace all the traditional dials.

Behind the wheel, it’s also pretty clear that Jag’s engineers have gone for a sportier feel. The steering is sharp and the suspension is taught, which keeps you perfectly flat through twisty turns.

Under the bonnet, you’ve got seven options, ranging from a fuel efficient 2.0-litre diesel to an incredibly entertaining 3.0-litre supercharged petrol.

All in all, the XE is a very accomplished sports saloon that’s worth considering whether you’re looking for something for the track, the golf club or anything in between.

90 viewed this car XE Saloon (2015) View Gallery
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Jaguar XE Saloon (2015)

44 derivatives available

  • Doors: 4
  • Engine: 2.0 - 3.0
  • Fuel: P, D
  • Body: Saloon
  • Drive: A, M
  • CO2: 126 - 194g/km

From £250.05 Per Month

Initial Rental: £1,500.30 inc VAT

Launched in 2010 and updated in 2014, the BMW X3 is Beemer's attempt to break into the 4x4 market. Like the Jag did with the F-Pace, BMW have gone for a sportier look, dropping the ride down and smoothing out the styling.

It’s still got four-wheel drive and a big boot but it doesn’t lean like older 4x4s and it’s way more fun to drive. The driving experience is actually one its biggest selling points. Make no mistake, this is a big ol’ car but it sure as hell doesn’t shift like one.

Under the bonnet, you’ve got a range of diesel engines and they’re all pretty good. Even the smallest has enough grunt to get a fully loaded X3 flying down motorways without breaking a sweat.

The interior is fantastic too with exceptional space in both the front and back seats. The design is nice and sporty and the build quality is exactly what you’d expect in a BMW.

All in all, the X3 is a superb 4x4 for those with a sporty streak.

66 viewed this car X3 Estate View Gallery
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BMW X3 Estate

12 derivatives available

  • Doors: 5
  • Engine: 0.0 - 3.0
  • Fuel: D, P
  • Body: 4x4
  • Drive: M, A
  • CO2: 135 - 229g/km

From £284.21 Per Month

Initial Rental: £1,705.26 inc VAT

The Range Rover Evoque is a footballer’s car on a budget. But that’s not necessarily a bad thing. For one thing, it’s incredibly affordable. For another, it’s a really excellent car.

The most recent version tweaked the styling ever so slightly and chucked a brand new Ingenium diesel engine under the bonnet. It’s smooth and powerful and feels perfect for the car that it’s in.

Unlike other Range Rovers, the Evoque feels sharp and level around corners. If you’re worried about it leaning round corners like motorcycle, don’t be.

Internally, things are really well appointed. Everything feels plush and high end — exactly what you’d expect from a Range Rover.

Admittedly, the boot’s a little small — you’d struggle both your labradoodles in there at the same time — but, at the end of the day, this is a crossover destined for the Waitrose carpark not the farm.

104 viewed this car Range Rover Evoque Hatchback (2015)

Land Rover Range Rover Evoque Hatchback (2015)

14 derivatives available

  • Doors: 5
  • Engine: 2.0
  • Fuel: P, D
  • Body: 4x4
  • Drive: A, M
  • CO2: 134 - 191g/km

From £269.63 Per Month

Initial Rental: £1,617.78 inc VAT

Overshadowed by the Audi Q7 and Land Rover Discovery, you might not have heard much about the Volvo XC90. And that’s a massive injustice.

Big, practical, comfortable and oozing luxury, the Volvo XC90 is a mighty fine car that deserves your attention.

First things first, the XC90 is a good looking car. Actually, that's not fair. It’s a great looking car. The front end is dominated by bucket-like vents, a big grille and Volvo’s signature Thor’s Hammer headlights. Along the sides, it’s a tidy affair with some nice design details like the outlining on the wheel arches.

Inside, it’s a great experience, too. Volvo’s gone for a minimal design and it really sets the XC90 apart from other finicky feature-heavy cabins. You’ve got the wheel, one line of stereo controls, an infotainment panel and your shifter. That’s it. Everything else is an unbroken surface of leather, wood or soft-touch plastic.

Under the bonnet, you’ve got three choices — a petrol, a diesel and a hybrid — all of which are four-cylinders.

The diesel is probably the best all-rounder, the petrol is the sportiest and the hybrid is the best compromise (if you ignore the price).

On the road, everything feels planted and sturdy, partially thanks to its all-wheel-drive and partially thanks to all the safety tech Volvo crammed in. (Active cruise control, auto emergency braking in the city, lane assist and even semi-autonomous driving tech.)

When you get off the main road and into the country, the XC90 performs remarkably well. There’s very little in the way of body roll through tight corners and it grips as well as any large car we’ve driven.

All in all, the XC90 is a superb large SUV that holds its own against industry icons like the Audi and Land Rover.

71 viewed this car Xc90 Estate View Gallery
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Volvo Xc90 Estate

22 derivatives available

  • Doors: 5
  • Engine: 0.0 - 3.2
  • Fuel: D, P, X
  • Body: 4x4
  • Drive: A, M
  • CO2: 49 - 304g/km

From £224.13 Per Month

Initial Rental: £2,017.17 inc VAT

Wild enough to covet yet affordable enough to buy, the Porsche Boxster has carved out a nice little following in the UK.

The new 718 Boxster was introduced last year, replacing the previous iteration which had been in production since 2012.

The biggest change with the is the loss of its iconic flat-six in favour of a fuel-efficient turbocharged four-cylinder block.

Gone are the wild screaming starts and howling downshifts that won over so many hearts.

While this might have lost a small portion of diehard fans, I think the change was needed. The new engine is smarter and cleaner and it gives the car a brilliant feel.

Even with the standard 300 bhp 2.0-litre engine, it roars from 0-60 mph in under five seconds and onto a top speed of 177 mph.

The re-tuned chassis, which borrows its steering system from the 911 Turbo, feels fantastic wherever you are. Upgrade to Porsche’s Active Suspension Management and things get even better. It’s flat and smooth and accurate and unbelievably fun on windy roads.

Inside, the design, detailing and build quality are all top notch. Although, considering Porsche has copied the whole interior straight from the vastly more expensive 911, we’d expect nothing else.

My only gripe is that the entry level package is pretty basic with sat-nav, Bluetooth and DAB radio all optional add-ons. Expensive optional add-ons. Very expensive optional add-ons. Still, who buys a Boxster to listen to Chris Moyles?

49 viewed this car 718 Cayman Coupe View Gallery
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Porsche 718 Cayman Coupe

8 derivatives available

  • Doors: 2
  • Engine: 0.0 - 2.5
  • Fuel: P
  • Body: Coupe
  • Drive: M, A
  • CO2: 158 - 205g/km

From £464.32 Per Month

Initial Rental: £2,785.92 inc VAT

The Land Rover Discovery is the best 4x4 on the market and has been for some time. Delivering a cushy on-road experience and an unstoppable drive off it, the Discovery sets the standard for excellence in the 4x4 market.

73 viewed this car Discovery SW View Gallery
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Land Rover Discovery SW

17 derivatives available

  • Doors: 5
  • Engine: 0.0 - 3.0
  • Fuel: D, P
  • Body: 4x4
  • Drive: M, A
  • CO2: 189 - 284g/km

From £489.63 Per Month

Initial Rental: £2,937.78 inc VAT