My lease car went back last week (BMW X3), initially I’d got it on a 3 year lease but extended by a year twice as it was such a good deal at the time and I was getting nowhere near the value on the market (for the same price it was going to be an uninspiring Kia/Nissan/Peugeot type car). Back when I leased finance companies were buying a load of pre-registered vehicles and leasing at good prices (my car was one of 50 identical (in various colours) pre-registered X3s the finance company had at the time) – I still was not seeing a lot of well priced ‘premium’ manufacturer cars available when I was looking back in summer (I’ve since PCP’ed a Model Y with Tesla as got an interest free finance deal). I assume there are still deals out there but are harder to find, as others have said be prepared to be flexible, have an idea of what you want (eg. SUV, Auto, Petrol etc) and then see what options come up at a good price.
My car was fully maintained including tyres, given that a full set of tyres is around £1K (large run flats) this can make a lot of sense and helps budgeting, I’d do FM again.
Finally it’s worth understanding costs on return. Most lease finance companies (reputable ones) will use the BVRLA guidelines which can be found with a quick google search, but their application of them can be interpreted differently by different lease companies. I have a good chat with the guy that turned up to inspect and take my vehicle away. I’ve always tried to look after my cars, but after 5 years you will pick up the odd scratch and car park ding, I was flapping that I’d end up with a big bill as noticed marks that I never knew existed when preparing the car for pick up. Fortunately the guy took one look and said it was a ‘minter’ (I had spent time cleaning it properly inside and out), he did the inspection and then showed me how each mark was entered on his tablet and how that translates to a charge (or not) – there is a separate form for the different lease co’s they work with so charges can vary. End result was £0 additional, which was his first of the day. That day he’d had inspections that looked like bumper cars, people who had no idea of the service history (4 unaccounted for services charged at £240 apiece unless they can be evidenced) etc – if you don’t look after the car you can end up with a decent sized bill.