You’re not the only person looking at cars in the best cars for £200 per month range – this article is among the most popular in our suite of new car deal pages. Despite rising prices and increasing interest rates, there are still lots of great cars available for around £200 per month.
That’s good news because £200 is roughly 10% of the average salary in the UK, and that’s what many finance experts consider a sensible amount to spend on a car. The other good news is that there are some really great cars available for around £200 (and up to £250 for those who can stretch a little) and we’ve found the ones we think represent the best value at this price point.
This list just highlights personal contract hire (PCH) – or lease – deals, as this is a very competitive price point, with lots of special offers available. So do keep checking in for the latest prices.
Best new cars for around £200 a month 2024
It's such a big seller for a very good reason
It’s practical, with some very clever interior touches, as you’d expect for a product that’s now entered its third generation. While the quality and interior are also up there with the very best-in-class.
To find out more, read our full Nissan Qashqai review
Pros
- High quality interior
- Lots of tech that works well
- Good to drive
Cons
- Weak 1.3-litre mild-hybrid
- Limited model range
An excellent all-rounder available with some tempting deals
At this price point, you're looking at a 1.0- or 1.5-litre version, and of the two, it;s the latter that is our pick of the petrols, and is more than up to the task of hauling a family and their luggage.
Read our full Skoda Octavia review
Pros
- Hugely practical
- Lots of engine and trim options
- Cheap to run
Cons
- Lack of badge kudos
- Motorway refinement isn't the best
A full-on hot hatch for peanuts?
It's a kissing cousin to the excellent Volkswagen Golf (and Skoda Octavia, above) and as such it shares many of those cars' qualities, such as excellent practicality and low running costs. Cheap on the monthlies, maybe, but far from bargain basement in terms of feel.
Read our full Cupra Leon review
Pros
- Sharp handling
- Well appointed interior
- Great value for money
Cons
- Some interior quality issues
- Glitchy infotainment
Stylish estate with cast-iron warranty support
It’s not the most exciting choice to look at or drive, so there are more appealing options including the SEAT Leon and Skoda Octavia Estates. However, if you’re after a reliable long-term ownership proposition, it makes a great deal of sense, and neither of those come close in dealer support or reliability.
Read our full Kia Proeed Shooting Brake review
Pros
- Well-equipped
- Seven-year warranty
- Enormous boot
Cons
- Not exciting to drive
- Limited engine range
Yes, a family-sized hatchback can be truly comfortable
The state of the art is probably the Skoda Octavia or SEAT Leon but neither of those will turn heads – and that is not the case here. The C4 is a striking-looking car that combines SUV attitude with a convenience of a more traditional five-door package.
Read our full Citroen C4 review
Pros
- Excellent long-distance cruiser
- Eager and efficient engines
- Spacious, minimalist interior
Cons
- It's not sporty
- Steering lacks feel
Competent SUV that's great for families
Being based on the Peugeot 3008, it’s fine to drive, has an acceptable interior and reasonable space, and the alternatives are pretty much all more expensive on monthly finance. Add to this, a large boot and roomy interior and the Grandland is definitely worth a closer look.
Read our full Vauxhall Grandland review
Pros
- Good build quality
- Punchy petrol engines
- Roomy interior
Cons
- Lack of badge kudos
- Not a sporty drive
Audi A1
A little bit of premium for a modest monthly payment
It’s not that much of a compromise next to an A3 or A4. The Audi A1 Sportback has a mature feel and some highly impressive tech. In many ways it's an appealing small car that's a bit of a guilty secret.
Read our full Audi A1 review
Pros
- Nicely equipped cabin
- Good fuel economy
- Lots of personalisation
Cons
- Lots of kit on options list
- Firm ride on larger wheels
Excellent value, tough and long lasting family SUV
You don’t have to sacrifice much, either. The Duster may not get the very latest driver assistance tech, but most models have everything you need like air-conditioning, remote locking and an infotainment touchscreen with Apple CarPlay and Android Auto.
Read our full Dacia Duster review
Pros
- Amazingly good value
- Available with 4WD
- Practical interior
Cons
- More road noise than rivals
- It's about to be replaced
Reliable supermini with impressive reliability
The Yaris still has stand-out looks, despite its growing familiarity. The interior isn’t up to the same mark but it’s user-friendly, built solidly and comes with plenty of tech. Back seat and boot space aren’t especially generous, but when you're getting 65mpg, do you care?
Read our full Toyota Yaris review
Pros
- Hugely economical
- Loads of driver assistance tech
- Cheap finance
Cons
- Small boot
- Less than up-to-date interior
A family car icon that still stacks up
It’s a sound choice if you’d rather not think too hard about your new car purchase – or, if one of the Golf’s many derivatives suits you better than more specialised rivals. The main question is whether you should choose one over a Skoda Octavia.
Read our full Volkswagen Golf review
Pros
- Economical and refined
- High-tech interior
- Solid image and reputation
Cons
- Digital cockpit off-putting
- Some interior plastics feel cheap
* These deals are indicative examples of some packages available as of 16 April 2024, but are subject to change without prior notice. Everyone’s financial circumstances are different and the availability of credit is subject to status. Terms, conditions and exclusions apply. Parkers cannot recommend a deal for you specifically.
Keith Adams is the Editor of Parkers. During his career he has been the editor of Classic Car Weekly, Modern Classics and Honest John Classics, as well as writing for CAR magazine, Practical Classics, Octane, Autocar and The Independent among others. Keith lives in rural Lancashire and enjoys buying and selling cars and reading and writing about them.
