Car finance: Five bargain PCP deals for £100 per month

  • Five super savers from just £99 per month
  • Put down as little as £1,300 as a deposit
  • Pay less than the list price with the best deals
  • Five super savers from just £99 per month
  • Put down as little as £1,300 as a deposit
  • Pay less than the list price with the best deals

Fancy a car for less than an all-singing, all-dancing Sky TV, broadband and phone bundle? It can be done. Shop around and there are some great-value PCP finance deals available, that get you the keys to a brand new car with change to spare – whether you have a deposit to put down or not.

We’ve rounded up the most appealing offers that mean that you can trade in your old banger and step into a shiny new model that should cost peanuts to run and look much smarter on the drive. If you can’t quite stretch to £100 each month, head over to our round-up of the best cars available for £90 per month plus the best value lease deals from £90 per month.

Remember, though, that you’ll have to put down a larger deposit or spread costs over a longer period – if the manufacturer allows this – to cut a £100-per-month model down to less than £90. Check out our Deal Watch page to see all the best cash and finance offers available each week and try our car finance calculator to see how much you can afford to borrow.

 

Skoda Fabia - £100/month

Version: Fabia 1.0 60 S

The Fabia is by no means the cheapest car available when it comes to cash prices, however it is fantastic value on Skoda’s PCP finance scheme. To get the entry-level model for sub-£100 monthly payments you can put down as little as £1,300 as a deposit on a 42-month contract. That means you can upgrade to a new car sooner than the other cars in our lineup – bar its smaller sibling, the Skoda Citigo.*

Helping to explain why the Skoda is such good value is a huge £2,000 deposit contribution that more than outweighs the 2.9% APR charged, making the Fabia £1,379 cheaper to buy at the end of the contract – should you decide to make the optional final payment – than simply paying cash upfront.

Best of all, apart from the weedy 1.0-litre petrol engine – which does without a power-boosting turbocharger like the Dacia below – there’s nothing to make you think you’re driving such a cheap car. You will have to stick to a 5,000-mile per year limit, though, to avoid being stung with excess mileage charges.

Skoda Fabia 1.0 60 S

Monthly cost: £100 (41 payments)

Deposit: £1,300 (£2,000 manufacturer deposit contribution)

Total amount payable by customer if returning car: £5,419

Total amount payable by customer to buy car: £9,916

Cash price: £11,295

Mileage allowance: 5,000 miles per year

APR: 2.9%

 

Suzuki Ignis - £99/month

Version: Ignis 1.2 SZ3


The Suzuki Ignis has barely landed in dealers, making it the newest car in our lineup – a fact obvious in its wacky styling. If the Fabia above is too sensible for you, the Ignis is much more distinctive.

Yes you’ll have to put down a substantial £2,700 deposit on a four-year contract to get the most basic Ignis within budget – at £99 per month – but helping to soften the blow, you also get a year’s worth of insurance thrown in plus three years’ free road tax.*

That free insurance should save you around £500, while having your car tax paid bumps total savings up to the best part of £1,000. With a reasonably punchy 1.2-litre engine under the bonnet the lightweight Ignis accelerates from 0-62mph in a not-too-lengthy 12.2 seconds, while claimed fuel economy is high at 61.4mpg, meaning low fuel bills.

Suzuki Ignis 1.2 SZ3

Monthly cost: £99 (48 payments)

Deposit: £2,750 (£0 manufacturer deposit contribution)

Total amount payable by customer if returning car: £7,502

Total amount payable by customer to buy car: £11,629

Cash price: £10,249

Mileage allowance: 6,000 miles per year

APR: 5.9%

 

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

 

Hyundai i10 - £100/month

Version: i10 1.0 66 S


The i10 is every bit as sensible as the Skoda Fabia above, and also starred in our best cars for £90 per month story, but it makes just as much sense if you can pay a little more each month. This means that you can put down a lower deposit, bump up the annual mileage limit or shorten the contract without blowing the budget.

You will have to put down a large £2,400 deposit to get the i10 for under £100 per month, but with this deal you can cover up to 10,000 miles per year without incurring excess mileage charges. The 1.0-litre petrol engine can’t compete with the Suzuki above for speed, but should prove similarly economical with 60mpg claimed fuel economy.*

Hyundai i10 1.0 66 S

Monthly cost: £100 (48 payments)

Deposit: £2,400 (£0 manufacturer deposit contribution)

Total amount payable by customer if returning car: £7,215

Total amount payable by customer to buy car: £9,915

Cash price: £8,995

Mileage allowance: 10,000 miles per year

APR: 4.9%

 

Dacia Sandero Stepway - £99/month

Version: Sandero Stepway TCe 90 Ambiance


The Ignis above may major on style, but the Sandero's big plus point is space. In Stepway form, it rides higher than the standard version – making it easier for less mobile passengers to get in and out – while adding an almost-SUV feel to the car; even moreso than the tall Ignis.

One thing that isn’t higher, though, is the price – at £99 per month over four years, with a smaller deposit than the Suzuki, too, at £2,287. Interest charges are steep, however, but in exchange you get a turbocharged 0.9-litre petrol engine that is much mightier than its small size suggests; this Sandero can accelerate to 62mph in a reasonably brisk 11.1 seconds.*

Dacia Sandero Stepway TCe 90 Ambiance

Monthly cost: £99 (48 payments)

Deposit: £2,287 (£500 manufacturer deposit contribution)

Total amount payable by customer if returning car: £7,039

Total amount payable by customer to buy car: £9,936

Cash price: £8,995

Mileage allowance: 6,000 miles per year

APR: 7.9%

 

Skoda Citigo - £100/month

Version: Citigo 1.0 60 SE 3dr


This Skoda may be smaller than the Fabia above and require you to put down a larger deposit to get it for less than £100 per month, but you get extra kit for your money. This includes air conditioning and 14-inch alloy wheels, while also standard is Bluetooth, a USB input, electric windows, remote central locking and handy split-folding rear seats.

A deposit of £1,525 is much less than the other cars in our roundup bar the Fabia, while 0% APR and a £1,000 deposit contribution make the car even better value for those who plan to buy it at the end of the contract. With no interest added to the finance scheme, you’ll have paid £1,000 less than the list price overall if you make the optional final payment to buy the Citigo.

Skoda Citigo 1.0 60 SE 3dr

Monthly cost: £100 (41 payments)

Deposit: £1,525 (£1,000 deposit contribution)

Total amount payable by customer if returning car: £5,632

Total amount payable by customer to buy car: £8,545

Cash price: £9,545

Mileage allowance: 5,000 miles per year

APR: 0%

 

*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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