How much to lease a Range Rover in the UK starts at £1,277 monthly for a Range Rover 3.0 D300 MHEV (Mild Hybrid Electric Vehicle) SE, a 48-month personal contract with a 12-month rental period of £15,321 and 6,000 miles per annum allowance.
The top end is a Range Rover Autobiography PHEV (Plug-in Hybrid Electric Vehicle), which sells for more than £2,500 per month. The Range Rover lease cost UK is dependent on 6 factors: the model selected, the engine variant, the length of the lease contract, the annual mileage limit, the initial rental fee, and the type of lease (personal or business).
This guide provides you with the latest Range Rover monthly lease payment stats for different models, explains how the monthly lease payment is calculated, and what it covers and doesn’t cover.
Range Rover Lease Cost UK: Monthly Costs by Model (Current)
The Range Rover lease cost UK varies depending on the model family. There are 4 models in the current Range Rover lineup: the flagship Vogue, the Range Rover Sport, the Range Rover Velar and the Range Rover Evoque.
They have different base prices, different engine choices, and different residual values, and these all have an impact on the Range Rover monthly lease payment.
| Model | Engine | Personal Lease From | Business Lease From | Initial Rental (12 months) | Contract Term |
| Range Rover Vogue | 3.0 D300 MHEV SE | £1,277/month | £1,064/month + VAT | £15,321 | 48 months |
| Range Rover Vogue | 3.0 D350 MHEV SE | £1,325/month | £1,104/month + VAT | £15,898 | 48 months |
| Range Rover Vogue | 3.0 P460e PHEV SE | £1,371/month | £1,142/month + VAT | £16,449 | 48 months |
| Range Rover Sport | 3.0 D300 MHEV SE | £890/month | £741/month + VAT | £10,680 | 48 months |
| Range Rover Evoque | 2.0 D165 MHEV SE | £480/month | £400/month + VAT | £5,760 | 48 months |
| Range Rover Velar | 2.0 D200 MHEV SE | £560/month | £466/month + VAT | £6,720 | 48 months |
(Figures are based on a 6,000-mile per year contract, 48-month term and 12-month initial rental. VAT is included in the price for personal lease. The business lease prices do not include VAT.)
Range Rover Sport Lease
The monthly cost of a Range Rover Sport lease is around £890 per month on a personal PCH (Personal Contract Hire) at 48 months and 6,000 miles per annum.
The Range Rover Sport is the most popular model in the range for leasing, as the monthly payment is much lower than the flagship Vogue, and offers the same 3.0-litre Ingenium engine platform, as well as the same interior quality.
The Range Rover Sport lease payment is over £1,800 per month with the SVR and SV.
Range Rover Evoque Lease
The cheapest way to lease a Range Rover is to sign up for a Range Rover Evoque lease, which can be as low as £480 per month for a 48-month personal PCH with 6,000 miles per year.
The Evoque is powered by the 2.0-litre four-cylinder Ingenium engine (204DTA for diesel and 204PT for petrol) that is also found in the Land Rover Discovery Sport and Defender. The Evoque’s residual value is good, considering the size of the vehicle, and this helps to keep the monthly payment down, as it is a Range Rover product.
Range Rover Velar Lease
The Range Rover Velar lease price begins at around £560 per month on a 48-month contract. The Velar is positioned between the Evoque and Sport in size and price, and features a more unique coupe-inspired roofline. The gap between the list prices is smaller than the gap in residual values, as the Velar’s desirability helps to offset the higher list price.
6 Factors That Affect Your Monthly Lease Payment:
The monthly lease payment for the Range Rover is not a set price, 6 factors influence the price up or down from the advertised entry price.
- Model and specification:
A Range Rover Vogue Autobiography is about 3 times the monthly payment of an Evoque SE. The specification of each model (SE, HSE, Autobiography) increases the price by £100-£400 per month at the flagship level.
- Engine variant:
The 3.0 D300 MHEV diesel is the lowest monthly payment in the Vogue range at £1,277. The P460e Range Rover PHEV lease begins at £1371, which is £94 more each month. The higher-output D350 MHEV is in the middle at £1,325.
- Contract term:
A 24-month contract is more expensive than a 48-month contract for the same vehicle. Shorter terms will result in the leasing company recovering the depreciation cost in fewer payments, which will increase the payment amount.
The Range Rover D300 SE is approximately £200-£350 cheaper a month than a 24-month version, over 48 months.
- Range Rover lease mileage allowance:
This has a direct impact on the monthly lease payment. The lowest monthly figure is 6,000 miles per annum. For every 3,000 miles of the annual allowance, you can expect to pay around £40-80 per month on a Vogue-class car.
The typical excess mileage charges on Range Rover PCH contracts are 12p–25p per mile, which equates to an end-of-lease bill of £1,200–£2,500 for exceeding mileage by 10,000 miles over 48 months.
- Range Rover lease initial rental:
The Range Rover lease initial rental is the amount paid at the beginning of the lease, usually 1, 3, 6, 9 or 12 months, expressed as a multiple of the monthly payment. The higher the initial rent, the lower the monthly rent.
The 12-month initial rental (£15,321 upfront) of a Range Rover D300 SE (£47 monthly) is 47 monthly payments lower than the 3-month initial rental (£3,831 upfront) of the same car (£47 monthly).
- Personal vs business lease:
A business lease Range Rover is cheaper per month before VAT, as VAT-registered businesses can reclaim 50% of the VAT on a personal-use vehicle, or 100% of the VAT on a fully business-use vehicle.
The Range Rover D300 SE on a business lease Range Rover arrangement costs £1,064 per month including VAT, whereas the same vehicle on a personal car lease Range Rover costs £1,277 per month including VAT.
Personal Car Lease vs Business Lease Range Rover: Which is Cheaper?
The lease vs buy Range Rover decision breaks down into two types of lease structures, personal lease and business lease. The actual monthly cost for UK drivers depends on how each arrangement is taxed.
| Factor | Personal Car Lease (PCH) | Business Lease Range Rover |
| VAT treatment | VAT is included in the monthly payment | 50%–100% VAT reclaimable |
| Monthly payment example (D300 SE) | £1,277 inc. VAT | £1,064 + VAT (£1,277 total, 50% VAT back = £1,170 net) |
| Benefit in Kind tax | N/A | Applicable; taxed as a company car |
| Who owns the vehicle | Leasing company | Leasing company |
| Annual mileage flexibility | Fixed in the contract | Fixed in the contract |
| Maintenance package | Optional add-on | Optional add-on |
| Best suited to | Private individuals | VAT-registered sole traders, limited companies |
For most drivers, the answer to the lease vs buy Range Rover question is obvious: Leasing eliminates the high depreciation curve all Range Rover models experience in the first 3 years.
A new Range Rover Vogue at £105,675 loses approximately 40%–50% of its value in 3 years, £42,000–£53,000 in depreciation.
A 36-month personal car lease Range Rover Vogue at £1,500 per month will cost £54,000 over the term, but will not involve depreciation risk or a large capital outlay.
Range Rover Lease Running Costs: What the Monthly Payment Doesn’t Cover
The Range Rover lease running costs extend beyond the monthly payment. The PCH payment is only for the use of the vehicle, not for all the things that are necessary to keep the vehicle on the road and in good condition.
A standard Range Rover monthly lease payment includes:
- Contract Depreciation of the vehicle for the contract period.
- Most contracts have a road tax (Vehicle Excise Duty) for the period of the contract.
- Breakdown cover is included in some packages.
The monthly lease payments for a standard Range Rover do not cover:
- Insurance: the lessee will cover comprehensive insurance, which costs £1,200-3,500 per year for a Range Rover Vogue, depending on its age and location.
- Fuel: diesel, petrol or charging costs are not included.
- Servicing and maintenance: unless included in the contract at start-up, usually £80-150 per month.
- Tyres: wear replacements are the lessee’s responsibility; Range Rover Vogue tyres (275/45 R21) cost £200-£400 per tyre fitted.
- Cosmetic damage repair: anything outside the BVRLA (British Vehicle Rental and Leasing Association) fair wear and tear guidelines will result in end-of-contract charges.
- Excess mileage: 12p-25p per mile above contracted Range Rover lease mileage allowance.
Maintaining Your Leased Range Rover Engine:
The leased Range Rover should be returned in the same condition as it was when it was leased. If the mechanical failure is due to the lessee’s negligence (missed services, wrong oil grades, or unchecked warning lights), the lessee is responsible for the engine failure.
Leasing firms examine returned cars and bill for any damage that exceeds fair wear and tear, such as mechanical problems that can be linked to maintenance problems.
The Range Rover engine maintenance is simple: Service at the manufacturer’s recommended time, change oil according to JLR-approved specification STJLR.03.5005 and respond to warning lights promptly with a JLR-approved diagnostic system.
If you are a luxury SUV lease UK owner and notice warning lights or performance issues during your lease period, it’s best to get a specialist diagnosis before the problem gets out of hand.
Diagnostic Expertise with SDD (Symptom-Driven Diagnostics) at jaguarlandroverengines.co.uk, will detect JLR-specific fault codes that generic garages are not able to detect.
All Range Rover models (Evoque, Velar, Sport and Vogue) are eligible for Engine Rebuilds and Repairs, Maintenance and Tune-ups, ensuring leased vehicles are returned to the mechanical condition expected by the leasing company. Call 02081241303 to book a diagnostic check.
Frequently Asked Questions:
How much to lease a Range Rover in the UK?
The price to lease a Range Rover begins at £480 a month for a Range Rover Evoque on a 48-month personal PCH at 6,000 miles per year. A Range Rover Vogue D300 SE starts from £1,277 per month on the same terms.
What is the Range Rover lease cost UK for a Sport?
The Range Rover lease cost UK is around £890 per month for a 48-month personal PCH lease with 6,000 miles per annum and a 12-month initial rental.
Is the personal car lease Range Rover more affordable than purchasing?
Yes, a personal car lease Range Rover does not have to deal with the depreciation cost that makes a Range Rover purchase very costly. A new Vogue loses £42,000–£53,000 in value in 3 years. The total cost of a 36-month lease at £1,500 per month is £54,000, and there is no risk of residual value.
What is covered in the monthly lease payment for a Range Rover?
The Range Rover monthly lease payment covers the use of the vehicle, road tax and in some instances, breakdown cover. Additional costs include insurance, fuel, tyres, servicing and excess mileage costs.
What is the Range Rover lease mileage allowance?
The Range Rover lease mileage allowance is fixed at the start of the contract, which is usually 6,000, 8,000, 10,000 or 12,000 miles per year. Excess miles will be cost at 12p-25p per mile at contract end.
What is the Range Rover lease initial rental?
The Range Rover lease initial rental is an upfront payment of 1 to 12 months’ equivalent. When you rent a Range Rover Vogue D300 SE, the higher the initial rental, the lower the monthly payments will be for the rest of the 48-month lease.
Does a business lease a Range Rover cost less than a personal lease?
Yes. VAT-registered lessees can recover 50-100% of the VAT, bringing the effective monthly cost down. The D300 SE costs £1,064 per month plus VAT on a business arrangement versus £1,277 all-inclusive on a personal PCH.
How much does it cost to lease a Range Rover PHEV monthly?
The PHEV version of the Range Rover P460e is available for a personal PCH lease for £1,371 per month for 48 months and 6,000 miles per annum. Lower Benefit in Kind (BIK) tax rates for PHEV models are a benefit for business lessees, reducing the effective cost for company car users.
Summing Up:
How much to lease a Range Rover can vary from £480 per month for a Range Rover Evoque lease to more than £2,500 per month for a fully specified Autobiography lease, but the monthly payment is not the only cost.
The actual running cost of any luxury SUV lease UK is determined by insurance, tyres, servicing and excess mileage charges. By following the Range Rover engine maintenance schedule, you can help keep your car in good condition and avoid any mechanical charges at the end of the lease.If you are looking for specialist Diagnostic Expertise and Maintenance and Tune-ups on any leased Range Rover, contact Jaguar and Land Rover Specialists at jaguarlandroverengines.co.uk or call 02081241303.
