Vauxhall Insignia: How do finance costs compare?

  • How much does our Insignia cost on PCP finance?
  • We look at the costs if you’re purchasing privately
  • Should you go for this or the new Insignia Grand Sport? 
  • How much does our Insignia cost on PCP finance?
  • We look at the costs if you’re purchasing privately
  • Should you go for this or the new Insignia Grand Sport? 

If you’re one of the few people purchasing a Vauxhall Insignia privately as opposed to being a company car driver, you’ll more than likely be interested in finance costs.

So, we’ve done the sums on our Insignia SRi VX-Line Nav to see how much it’ll cost you in monthly payments, as you can still get this old model brand new from the dealer.

High monthly payments

With a £3,000 customer deposit, VX66 KKN will cost you £511* per month with a 10,000 annual mileage allowance and 3.7% APR over 37 months.

The cash price is £27,385 with the options of our car fitted, however if you choose to buy the car outright at the end of the agreement (a £7,773 optional final payment), you’ll actually be paying £29,205 once you’ve added the interest charges.

Car finance explained: what is PCP?

Is it cheaper to finance a new Insignia Grand Sport?

Yes, it is. Rather confusingly, you can still order the old Insignia, despite the new Grand Sport also being available to order.

We’ve calculated how much it’ll cost if you go for the new and improved Insignia Grand Sport, and it’s looking favourable for the new car.

You can order the exact same spec – SRi VX-Line Nav (top-spec Elite pictured) with the same 2.0-litre CDTi diesel engine – and we’ve added options so the models are comparably equipped. However, the new car’s cash price, with those extras, is £24,815; considerably less than the old model to start with.

With the same £3,000 deposit, the new Insignia Grand Sport will cost £383* per month over 37 months at the same 3.7 % APR interest rate.

There’s a higher optional final payment of £9,820 if you wish to own the car at the end of the term, however you’ll still be paying less overall – £26,600. That’s even less than our Insignia’s cash price before any interest charges, too.

Better deals on the new Grand Sport

Vauxhall appears to be its own worst enemy when it comes to finance costs. Based on the exact spec of our long-term test car and its brand new equivalent, there’s no benefit in opting for the older model thanks to the new car’s lower list price and monthly payments.

The only saving grace would be if you’re able to wangle a deal on the outgoing car with your local Vauxhall garage if you must buy one new.

And the rivals?

Opt for a Ford Mondeo in sporty ST-Line spec with a similar list of equipment, and you’ll pay £412* per month over 36 months with a £3,000 deposit and 9,000-mile annual limit. An optional final payment of £9,111 means you’ll pay £26,940 overall – the car’s list price – as Ford is currently offering interest-free credit.

The Skoda Superb Sportline 2.0 TDI with 150hp offers more interior space than both of these cars and, at £376* per month with 4.9% APR, it’s the cheapest to pay for monthly (again with a £3,000 deposit).

This is partly thanks to a £2,500 deposit contribution from Skoda on top of your £3,000 deposit, but you’ll still be paying £30,805 overall if you choose to pay the £12,130 optional final payment to make the car yours at the end of the agreement.

Meanwhile, drivers after the most upmarket large five-door hatchback could actually save money over the outgoing Insignia with the Audi A5 Sportback 2.0 TDI ultra, which weighs in at £485* per month with the same contract terms.

If you’re looking for an Insignia on finance…

Go for the Grand Sport. Not only will you get your hands on a newer, more up-to-date car, you’ll also be forking out less each month and over three years, depending whether you choose to buy the car at the end of the term.

If you’re not too fussed about having the newest version of the Insignia, though – and manage to haggle a huge saving on the outgoing car – then this could work in its favour.

Mileage: 8,438 miles

Fuel economy: 45.1mpg

By Tom Goodlad

*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.


Second report: What you get for the money

When a car nears the end of its production cycle, manufacturers like to throw some extra bits of equipment at them, sometimes at lower prices to tempt some last-minute buyers into grabbing a deal before a new version comes along.

And, to some degree, our Insignia benefits from this treatment with a healthy list of standard kit for the price.

What’s standard on an Insignia SRi VX-Line Nav?

As well as that catchy name (thankfully it’s not spelled out across the bootlid) SRi-spec cars come with the following kit thrown in:

The VX-Line Nav version builds on this with:

  • 19-inch ‘Atomic’ alloy wheels
  • Body kit including small rear lip spoiler
  • Flat-bottomed leather steering wheel
  • Visible exhaust
  • Navi 900 Intellilink touchscreen sat-nav

Our car also comes with:

  • OnStar (£405), which allows access to a concierge-style service (Vauxhall calls it your ‘Personal Onboard Assistant') providing automatic emergency assistance, onboard WiFi and sat-nav directions downloaded straight to the car via a central call centre in the UK. We’ll focus more on the OnStar services in a later update
  • Front and rear parking sensors (£460) are a must on a car of this size, especially as rearward visibility isn’t a strong suit

There are some interesting quirks, though – while the car has automatic lights, it doesn’t have automatic wipers, two things that usually go hand-in-hand.

While it’s not the end of the world, it’s disappointing that a car costing north of £25,000 new doesn’t come with them. However, as a nearly-new offering for the same price as a brand new Corsa, we can’t complain too much – you still get a lot of car for the money.

We’re keen to see how Vauxhall’s OnStar service works, though. Hopefully we won’t need to make use of the emergency assistance on offer (although it’s nice to know it’s there should the worst happen), but we will be trying out the facility to have a destination downloaded straight to the sat-nav via the company’s central call centre very soon.

Economical 2.0-litre CDTi diesel engine

The 170hp 2.0-litre CDTi diesel engine under the bonnet of our Insignia is a tried-and-tested one, with some appealingly low official economy figures bound to tempt potential buyers looking for manageable running costs.

Claimed fuel economy is 62.8mpg – we’re keen to see how close we can get to this on commuter-style journeys up and down the motorway – while CO2 emissions are rated at 118g/km. As it’s a 66-plate car, it falls into VED band C under the pre-April 1 2017 system for £30 annual road tax.

In terms of performance, the 0-62mph benchmark sprint can be completed in 9.4 seconds, but it’s unlikely we’ll be finding this out on the road – this car is more about cruising on the motorway, and so far it’s impressing us with strong refinement and its punchy diesel powerplant (that’ll be the 400Nm of torque on tap from 1,750rpm).

In fact, in just a couple of weeks the Insignia has been pounding the tarmac and we’ve put just over 1,000 miles on the clock.

So far, it’s returning close to 50mpg in varied driving and over 600 miles on a tank of diesel – long may this frugality continue.

Mileage: 7,544 miles

Fuel economy: 47.8mpg

By Tom Goodlad


First report: Welcome to Parkers

With new car finance the dominant way of purchasing a car these days, focus has overwhelmingly switched to buying new.

But what if you don’t want to tie yourself into a three- or four-year contract or pay high interest charges? You can still go for a used or nearly new option with the benefits of buying new, such as the remainder of a new car warranty and the guarantee it's been prepared to a high standard.

With a new Insignia Grand Sport just about to launch in the UK, we’ve got our hands on a nearly new version of the outgoing Insignia in SRi VX-Line trim to see if it makes sense to go for this sensible - yet popular - mile-muncher as a run-out model.

New, this car cost £25,805 before adding any options, but a quick Parkers Valuation reveals this six-month-old example would now be on a Vauxhall forecourt for £16,780 - a signifcant saving.

We're also keen to see how it compares with the new Grand Sport when we swap it over for one this summer.

Our test car is a 2.0-litre diesel in SRi VX-Line trim

You’d struggle to believe the Insignia is an eight-year-old design – it still looks good thanks to a refresh in 2012, especially in our SRi VX-Line Nav trim. We’ll dive into what kit comes as standard in a future update, but first impressions are good and we think it still looks very smart.

Under the bonnet is a 2.0-litre CDTi diesel engine with 170hp driven through the front wheels via a six-speed manual gearbox.

My 100-mile round trip to and from the Parkers office five days a week is prime commuter-style journey (the Insignia is a firm favourite with company car drivers), so it’ll be good to see how well it laps up the miles.

Trying out Network Q dealer service

We picked up the 66-plate car from Forest Gate Vauxhall in Corby with just shy of 6,500 miles on the clock – it’s been plucked directly from Vauxhall’s Network Q national stock. Rather conveniently, Network Q’s national storage and refurbishment centre is located just down the road.

Why this dealer? It may not be Vauxhall’s flagship showroom, but it was the dealer that debuted the Network Q system more than 20 years ago.

It started off as a multi-franchise used car scheme that offered multi-point checks to ensure the car was up to standard, a comprehensive warranty and roadside assistance among the benefits.

We’re hoping we don’t need to make use of these services in our time with the car, but buyers will no doubt feel reassured with this back up, should anything go wrong with their car.

First impressions

The Insignia has settled in well to the rigours of life on the Parkers fleet after just a couple of weeks. It feels solid and well-built and, because of its 6k mileage, it’s already nicely run in and the engine feels pokey and refined. We think it looks especially good and bang up to date in SRi VX-Line trim with its enormous 19-inch alloys and body kit.

We’re looking forward to seeing how it copes as a commuter car (we have high hopes) and if it makes sense to go for an older model that costs almost £10,000 less than it did six months ago.

In a few months’ time we’ll be swapping VX66 KKN for the all-new Insignia Grand Sport to see just how much Vauxhall has stuck to what appears to be a winning formula for company car drivers.

Mileage: 6,486 miles

Fuel economy: 62.8mpg (claimed)

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