Car leasing?

I got the dreaded call with the results of my car’s MOT today. Unfortunately, it was not good news. My car failed, quite a lot:

• The two front tires are just below the legal limit
• Advisory that the two rear tires are nearing the legal limit
• The front-left wheel is damaged/bent
• Advisory that one of the rear tires has a nail in it
• The left hand rear brake pipe (whatever that is) is corroded
• and, most worryingly, the windscreen wash is EMPTY.

I’m going to get it repaired, of course… I have little choice… but I was wondering, does anyone have any experience with car leasing? Is it cost efficient? Are there always mileage limits?

I do about 20-25,000 miles a year, and would like to rent either something like the new Fiesta, or an Astra Hatchback. If I can do that for the same, or close to the same price I’m paying for my car loan (£144 a month), then I’m almost certainly going to do so.

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