PCP deals are hugely popular, because they let you drive something that you would otherwise struggle to afford. Here we pick our top 10 cars that you can have for less than £200 per month
*** Note : £1 = $1.30
These days, the vast majority of new cars are bought through personal contract purchase (PCP) finance deals, and it’s easy to see why.
For less than £200 a month, you can have some of the best cars on sale today, whether you’re looking for a small hatchback, a family car or even an SUV.
Here we countdown the top 10 deals from our Target Price research, which reveals the most you should pay for a new car. Each deal is based on 15% of the value of the car, combined with the manufacturer’s finance discount allowance. And all are for three years, with a 30,000-mileage limit.
If you find one you like, simply click on the relevant link to find out more. Or alternatively, call us on 03302 216207 and we will be happy to help.
**10. Hyundai Ioniq 1.6 GDi Hybrid SE DCT
Target Price cost per month: £178 Target Price (on the road): £17,499 The deal: 3 years PCP finance with 4.9% APR
The Ioniq is Hyundai’s rival to the Toyota Prius, in that it’s a family car powered by a small electric motor as well as a conventional petrol engine. The Ioniq is capable of emitting as little as 79g/km of CO2, which helps to keep your tax bills down, and it’s pretty good to drive. There’s a version to suit everyone, too, as the Ioniq is also available as a purely electric car or as a plug-in hybrid.
9. Suzuki Vitara 1.6 SZ4
Target Price cost per month: £166 Target Price (on the road): £14,212 The deal: 3 years PCP finance with 2.9% APR
When you’re buying on PCP finance, the Vitara is one of the cheapest small SUVs around. What’s more, it’s one of the most spacious and well equipped, with SZ4 trim being particularly good value for money.
8. Volkswagen Up 1.0 90 High Up 3dr
Target Price cost per month: £180 Target Price (on the road): £11,139 The deal: 3 years PCP finance with 4.6% APR and £500 finance deposit allowance
The Up is Volkswagen’s smallest and cheapest model, but it has all of the strengths of the brand’s bigger models: it’s a refined cruiser that strikes an excellent balance between comfort and driving fun, plus its interior is classy and has a clear dashboard layout.
7. Seat Leon 1.2 TSI SE Dynamic Technology 5dr
Target Price cost per month: £199 Target Price (on the road): £14,774 The deal: 3 years PCP finance with 4.9% APR and £2250 finance deposit allowance
The fact that you can have Seat’s practical Leon family hatchback for less than £200 a month shows why PCP deals are so popular. The Leon is great fun to drive, and SE Dynamic Technology trim comes with a long list of standard equipment, including sat-nav, a DAB radio, air conditioning, alloy wheels, rear parking sensors and cruise control.
6. Hyundai i10 1.2 Premium SE 5dr
Target Price cost per month: £169 Target Price (on the road): £11,687 The deal: 3 years PCP finance with 4.9% APR and £500 finance deposit allowance
Our current City Car of the Year, the i10, is remarkably quiet and spacious for such a small hatchback. It even comes with a sophisticated touchscreen infotainment system if you go for this Premium SE model.
5. Seat Ateca 1.0 TSI Ecomotive S 5dr
Target Price cost per month: £184 Target Price (on the road): £17,206 The deal: 3 years PCP finance with 4.9% APR
Seat was very late to the SUV party, only launching its first such model, the Ateca, late last year. However, the Spanish manufacturer has clearly been studying the market carefully, because it’s produced the class leader. Our favourite engine is the 1.4-litre petrol, but this 1.0-litre unit provides adequate performance, especially if you live in the city.
4. Skoda Fabia 1.0 TSI 95 SE
Target Price cost per month: £161 Target Price (on the road): £12,106 The deal: 3 years PCP finance with 2.9% APR and £2000 finance deposit allowance
Skoda’s latest Fabia is a former What Car? Car of the Year and is still one of the best small hatchbacksyou can buy right now. It’s a practical, quiet and composed choice, build quality is top notch, and even in our favourite spec it’s one of the cheapest cars on this list.
3. Skoda Octavia 1.4 TSI SE
Target Price cost per month: £198 Target Price (on the road): £16,126 The deal: 3 years PCP finance with 2.9% APR and £2000 finance deposit allowance
The Octavia may look a little bland next to rival family hatchbacks, but it’s a class leader is most other respects. It’s spacious, good to drive, and comes with a generous array of standard equipment. This smooth 1.4-litre petrol engine is our pick of the range, too.
2. Ford Fiesta 1.0 Ecoboost Zetec 3dr
Target Price cost per month: £195 Target Price (on the road): £14,029 The deal: 3 years PCP finance with 2.9% APR
The Fiesta is consistently the best-selling new car in the UK, and it’s easy to see why. The vast range ensures there’s a version to suit everyone, and despite not being especially practical, its great driving style and generous safety kit ensures that it’s one the best small hatchbacks around.
1. Seat Ibiza 1.0 TSI 95 SE 5dr
Target Price cost per month: £195 Target Price (on the road): £13,023 The deal: 3 years PCP finance with 5.9% APR and £1500 finance deposit allowance
The latest Seat Ibiza is a real triumph, recently having beaten both the Fabia and the new Fiesta in our group test. We love its spacious interior and strong range of petrol engines, and in this SE form you’ll get a colour touchscreen infotainment system and split-folding rear seats. Spend a little more and you’ll be able to get our recommended FR version, too.