Best cars for £300 per month on PCP finance

  • Choose from sports cars, off-roaders and plush large estates
  • Pay less than the list price with the best PCP finance deals
  • Shrink monthly payments with a three- or four-year contract
  • Choose from sports cars, off-roaders and plush large estates
  • Pay less than the list price with the best PCP finance deals
  • Shrink monthly payments with a three- or four-year contract

Putting a brand new car on the drive every few years can be a pipe dream for many motorists. Go for a PCP finance scheme, however, and you can take your pick from dozens of enticing models for much less than you might think.

We’ve rounded up some of the most appealing machines that you can drive for less than £300 per month with a £5,000 deposit and 10,000-mile annual limit. Take a look at our finance calculator to find out how much you can afford to borrow and check out our deal watch page to see some of the best-value options currently available.

If you have less to spend check out our roundups of the best cars for £200 per month, £150 per month and £100 per month to find the right car for your needs and budget.

 

Skoda Superb Estate - £298/month

Skoda may have made its name with back-to-basics vehicles, but there’s nothing basic about the gigantic Superb Estate. Throw in a large £2,500 deposit contribution – which nearly cancels out all of the 4.8% APR charges – and you can’t get a much bigger car for the money.

Despite featuring a frugal diesel motor and plenty of standard kit – including luxuries like heated leather seats, powerful xenon headlights and in-car Wi-Fi – you can still drive a Superb with a slick automatic gearbox and get change from £300 per month.

Skoda Superb Estate 2.0 TDI 150 DSG SE L Executive*

Monthly cost: £298 (41 payments)

Deposit: £5,000 (plus £2,500 manufacturer deposit contribution)

APR: 4.8%

Total amount payable by customer to buy car: £29,287

Total amount payable by customer if returning car: £17,218

Cash price: £28,990

Mileage allowance: 10,000 miles per year

 

Mercedes-Benz SLC - £298/month

Mercedes and low prices are not concepts that normally go together, but a hefty £5,927 deposit contribution discount and strong residual values mean that this £31,485 car is much more affordable than you might expect.

It may be lacking in the seats department, with just two on offer, but you get a punchy turbocharged petrol engine which is powerful enough to punt the SLC to 62mph in a brisk 7.0 seconds, while being capable of 43.5mpg fuel economy.

Mercedes-Benz SLC 200 Sport*

Monthly cost: £299 (36 payments)

Deposit: £4,999 (plus £5,927 manufacturer deposit contribution)

APR: 5.8%

Total amount payable by customer to buy car: £28,398

Total amount payable by customer if returning car: £15,763

Cash price: £31,485

Mileage allowance: 10,000 miles per year

 

Volkswagen Tiguan - £288/month

Volkswagen Tiguan - £288/month*
The Tiguan is a great all-round car, offering the practicality of a top family car with the bold looks and high driving position of an off-roader. You will have to pay a big price for the privilege, however; the price. A mid-spec SE Nav 2.0-litre diesel costs £28,665 in two-wheel drive form.
Spread costs over four years and monthly payments are much more reasonable, at £288 per month with a £5,000 deposit. This is partly thanks to a £1,500 contribution from VW. Interest is a little steep, though, so you may want to hand back at the end of the contract, as you’ll have paid nearly £2,000 in interest if you make the optional final payment to make the car yours. 
Volkswagen Tiguan 2.0 TDI 150 SE Nav*
Monthly cost: £288 (47 payments)
Deposit: £5,000 (plus £1,500 manufacturer deposit contribution)
APR: 5.0%
Total amount payable by customer to buy car: £30,569
Total amount payable by customer if returning car: £18,520
Cash price: £28,665
Mileage allowance: 10,000 miles per year

The Tiguan is a great all-rounder, offering the practicality of a top family car with the bold looks and high driving position of an off-roader. You will have to pay a big price for the privilege, however; the price. A mid-spec SE Nav 2.0-litre diesel costs £28,665 in two-wheel drive form.

Spread costs over four years and monthly payments are much more reasonable, at £288 per month with a £5,000 deposit. This is partly thanks to a £1,500 contribution from VW. Interest is a little steep, though, so you may want to hand back at the end of the contract, as you’ll have paid nearly £2,000 in interest if you make the optional final payment to make the car yours. 

Volkswagen Tiguan 2.0 TDI 150 SE Nav*

Monthly cost: £288 (47 payments)

Deposit: £5,000 (plus £1,500 manufacturer deposit contribution)

APR: 5.0%

Total amount payable by customer to buy car: £30,569

Total amount payable by customer if returning car: £18,520

Cash price: £28,665

Mileage allowance: 10,000 miles per year

 

Want to find out more about car finance? Take a look at the links below:

Video guide: what is PCP car finance?

Top cars for £100 per month

Lease a brand new car for less than Sky TV

Best cars for £200 per month

What happens at the end of a PCP scheme?

 

SEAT Alhambra - £298/month

With seven seats, tonnes of cubby holes and a large boot, this SEAT is a huge amount of car for the money and should make road trips easy for big families. With interest-free credit, there’s no premium to pay for taking finance, whether you buy the car outright when the contract ends or hand it back. However, you also don’t get any deposit contribution thrown in.

This means that if you have the cash to hand you could get a better deal by shopping around for a discount on a new car and getting a bank loan. Whichever way you fund it, though, this SEAT makes a lot of sense to families who need plenty of seats.

SEAT Alhambra 2.0 TDI 150 SE*

Monthly cost: £298 (48 payments)

Deposit: £5,000 (£0 manufacturer deposit contribution)

APR: 0%

Total amount payable by customer to buy car: £29,540

Total amount payable by customer if returning car: £19,280

Cash price: £29,540

Mileage allowance: 10,000 miles per year

 

Audi TT - £288/month

Competing with the Mercedes SLC in the style stakes is the Audi TT. While it doesn’t have a folding hard top, the TT Coupe offers plenty of style, a powerful turbocharged petrol engine and a substantial deposit contribution means that it’s even more attainable on PCP than the Mercedes with lower monthly costs.

Another area where this Audi beats the Mercedes is economy. Despite just beating it on the 0-62mph sprint – requiring a mere 6.9 seconds – official economy stands at 47.1mpg, meaning that you shouldn’t spend much on fuel bills. Choose to buy the car at the end of the contract, however, and the Mercedes is slightly cheaper.

Audi TT 1.8 TFSI Coupe S Line*

Monthly cost: £296 (36 payments)

Deposit: £5,000 (plus £4,000 manufacturer deposit contribution)

APR: 6.3%

Total amount payable by customer to buy car: £29,948

Total amount payable by customer if returning car: £15,351

Cash price: £30,630

Mileage allowance: 10,000 miles per year

 

BMW i3 - £295/month

If you want to save the environment and save money at the same time, the electric BMW i3 could be the perfect car for you. With a deposit contribution of £2,706 and low APR charges of 1.3%, monthly costs drop to £279, making this the cheapest car in our roundup – whether you choose to hand it back or buy it at the end of the contract.

Buy the car when the contract ends and you’ll have paid £2,110 less than the list price with BMW's PCP scheme. With the ability to plug in at home rather than having to pay more than £1.20 per litre of fuel, running the i3 should be similarly affordable.

BMW i3 94Ah*

Monthly cost: £279 (35 payments)

Deposit: £5,000 (plus £2,706 manufacturer deposit contribution)

APR: 1.3%

Total amount payable by customer to buy car: £25,930

Total amount payable by customer if returning car: £14,751

Cash price: £28,040

Mileage allowance: 10,000 miles per year

 

Nissan X-Trail - £281/month

If you’re after a family off-roader but the VW Tiguan above is a little tight on space for you, the Nissan X-Trail could be the answer. It’s slightly cheaper – whether you return the car at the end of the scheme or buy it outright – but is 15cm longer, freeing up extra space in the cabin and for large loads, if you drop the rear seats.

Unlike the Tiguan, however, you can pay extra and get the X-Trail in seven-seat form, with two boot-mounted seats for children, making it much more suitable for those with large families. A £3,000 deposit contribution, meanwhile, makes it particularly good value for drivers looking to buy the car when the contract ends.

Nissan X-Trail dCi 130 2WD N-Vision*

Monthly cost: £281 (48 payments)

Deposit: £5,000 (plus £3,000 manufacturer deposit contribution)

APR: 4.0%

Total amount payable by customer to buy car: £28,677

Total amount payable by customer if returning car: £18,488

Cash price: £29,130

Mileage allowance: 10,000 miles per year

 

*Deals are correct at time of publication. Everyone’s financial circumstances are different and credit is not always available – Parkers cannot recommend a deal for you specifically. These deals are indicative examples of some packages available this week.

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