Mitsubishi Lease Deals
Compare live Mitsubishi lease deals below from an independent, whole of market broker. Mitsubishi returned to the UK new car market in 2026 after a five year absence, leading with the Outlander PHEV and the L200 pickup. Take one on personal or business contract hire.
Mitsubishi Is Back in the UK
Mitsubishi withdrew from the European new car market in 2021 and returned to the UK in 2026, after a five year absence. If you have been wondering whether you can still lease a new Mitsubishi, that is the answer: yes, and the range is being rebuilt from the ground up.
The relaunch leads with two familiar names. The Outlander PHEV is the plug-in hybrid SUV that made Mitsubishi's reputation in Britain, and it comes back carrying an eight year, 100,000 mile warranty. Alongside it sits the L200 Series 7 double cab pickup, a long standing favourite with businesses and anyone who tows.
Mitsubishi has also rebuilt its retail presence, appointing 24 new sales partners to take the UK network to 58 dealerships across 117 locations. That matters more than it might sound, because a returning brand is only as usable as the network standing behind it.
The Renault Connection
Here is the part nobody tells you on a manufacturer site, and it is genuinely useful. Much of Mitsubishi's returning range is built on Renault underpinnings, through the alliance the two share. The Colt is based on the Renault Clio, the ASX on the Captur, the Eclipse Cross on the Scenic E-Tech and the Grandis on the Symbioz.
That is not a criticism. Shared platforms are how the whole industry works now, and it means these cars arrive with engineering that is already proven in the UK rather than being genuinely unknown. But it does mean two practical things worth knowing: the driving experience will be closer to the equivalent Renault than to the Mitsubishis you may remember, and it is worth quoting the Renault equivalent alongside to see which is better value on the day.
Why Lease a Mitsubishi?
The warranty
Eight years or 100,000 miles on the Outlander PHEV is longer than almost anything else on sale, and comfortably outlasts any normal lease.
Plug-in hybrid pedigree
Mitsubishi sold plug-in hybrids in Britain long before most rivals took them seriously, and the Outlander PHEV was the car that did it.
Proven engineering
The returning range shares platforms with Renault models already established here, so it is not the unknown quantity a genuinely new brand would be.
The honest caveat is the network. At 58 dealerships across 117 locations it is rebuilt but still smaller than the established mainstream brands, so check where your nearest one actually is before ordering. A long warranty is only as useful as the network behind it, and that is the one thing a returning brand cannot fix quickly.
Leasing a Returning Brand
A brand that has been away for five years sits in an unusual position on residual values. There is history, but there is a five year gap in it, and the returning cars are mechanically different from the ones that built the reputation. Funders have to take a view on that, and views differ more than usual.
Two things follow. First, leasing is the lower risk way to try one, because the funder carries the uncertainty on what the car is worth at the end rather than you. Second, comparing several funders is worth more here than on a settled model, because where they disagree on residuals the spread between their rates widens. That is the practical case for using a whole of market broker on a brand like this one.
Why Lease a Mitsubishi with LetsLease?
Compare the latest Mitsubishi leasing offers with fixed monthly payments and flexible contract options.
Mitsubishi Leasing FAQs
Yes. Mitsubishi returned to the UK new car market in 2026, five years after withdrawing from Europe in 2021. The relaunch leads with the Outlander PHEV and the L200 Series 7 double cab pickup, with a wider range following.
Mitsubishi withdrew from the European new car market in 2021 as part of a wider restructuring, which meant no new Mitsubishis were sold here for around five years. Servicing and parts support for existing owners continued throughout, and the sales network has now been rebuilt around that aftersales base.
Several of them are, through the alliance the two companies share. The Colt is based on the Renault Clio, the ASX on the Captur, the Eclipse Cross on the Scenic E-Tech and the Grandis on the Symbioz. That is worth knowing because it means the driving experience is closer to the equivalent Renault than to the Mitsubishis you may remember, and because it is worth quoting the Renault equivalent alongside to compare value.
The returning Outlander PHEV carries an eight year, 100,000 mile warranty, which is among the longest offered by any manufacturer in the UK. On a typical two to four year lease that covers the whole agreement several times over, which takes repair risk out of the decision.
Mitsubishi appointed 24 new sales partners as part of the relaunch, taking the network to 58 dealerships across 117 locations. That is rebuilt but still smaller than the established mainstream brands, so it is worth checking where your nearest one is before ordering rather than relying on the national figure.
Leasing is the lower risk route on a returning brand. There is a five year gap in the residual value history and the new cars are mechanically different from the ones that built the reputation, so what they will be worth in three years is less predictable than usual. On a lease the finance company carries that risk and you simply hand the car back.
LetsLease is a broker rather than the lender. The lease itself sits with one of the major UK funders, including Lex Autolease, Novuna, Ayvens and Santander, and that funder is the legal owner of the vehicle and the party you hold the credit agreement with. Our job is finding the right deal across the market and managing the order through to delivery, with the same consultant handling it throughout. Because different funders price the same car differently, having access to several of them is what lets a broker improve on a single lender's offer.