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Act now: fantastic finance deals on the very latest cars

  • Don’t pay through the nose for a brand new model
  • Choose wisely to avoid paying a premium for finance
  • Pay less than the list price with the best PCP deals

Everyone loves a sale, but much of the time the discounted products are the ones that are about to be replaced. With cars this is great if you’re happy to grab a deal on an outgoing model, but not so good if you’ve got your eyes on a car that’s just been released.

Shop around, however, and with the best finance offers on brand new cars you can still pay less than the list price – should you buy the car at the end of the contract. Do your homework and you can get a showroom-fresh upmarket saloon, a sharply-styled off-roader or an affordable hatchback with manageable monthly payments and a minimal premium charged for the privilege of spreading the cost.

If you don’t do your homework, though, you could pay more than £3,400 in interest alone over three years – as with the just-launched Audi Q2 and Fiat 124 Spider. We’ve rounded up some of the best value new car deals below that let you benefit from a bang up-to-date model, all without paying thousands in interest.

Alternatively, if there aren't any good value manufacturer finance offers on the car you're looking at, check out our car finance calculator to see how much you could save by going for a car loan.

Ford Edge: deposit contribution nearly cancels out interest charges

The Ford Edge is a rare sight on UK roads at the moment, but it’s still a great value purchase through Ford’s PCP finance scheme. Not only are interest charges low – with very competitive 0.9 percent APR – but a £500 deposit contribution is thrown in too.*

Monthly costs are impressively affordable at £299 (with a £7,000 deposit), while those who buy the car when the contract ends, will have paid just £28.49 over the list price – all spread across three years.

Ford Edge 2.0 TDCI 180 Titanium

Ford Edge review

Parkers star rating: 3.8 stars

Monthly cost: £299 (35 payments)

Deposit: £6,987.49

Deposit contribution: £500

APR: 0.9 percent

Total amount payable by customer: £32,818.49

Cash price: £32,790

Mileage allowance: 9,000 miles

 

Renault Megane: pay £588 less with finance instead of cash

The new Renault Megane is far more modern than its underwhelming predecessor, but despite this, it’s available with some very good value finance offers – available from £219 per month for the 130hp 1.2-litre petrol Expression+ model.*

Renault will throw in £1,750 in deposit contribution if you go for a three-year PCP scheme, while APR is reasonably low at 4.0 percent. As a result, you could save nearly £600 by getting a Megane through finance rather than paying cash.

Renault Megane 1.2 TCe 130 Expression+

Renault Megane review

Parkers star rating: 4.0 stars

Monthly cost: £219 (36 payments)

Deposit: £1,830

Deposit contribution: £1,750

APR: 4.0 percent

Total amount payable by customer: £16,012

Cash price: £16,600

Mileage allowance: 6,000 miles

 

Mercedes E-Class: monthly costs slashed by £3,422 deposit contribution

When it comes to low prices, Mercedes is not a name that comes to mind. However, it is currently offering large deposit contributions on the E-Class saloon, which make it a much more appealing proposition.

Strong residual values help to shrink monthly payments on the E 220 d AMG Line to just £399, while the hefty deposit contribution effectively wipes off the interest charged, should you decide to buy the car at the end of the contract.*

Mercedes E 220 d AMG Line

Mercedes E-Class review

Parkers star rating: 4.4 stars

Monthly cost: £399 (36 payments)

Deposit: £5,999

Deposit contribution: £3,421.83

APR: 5.3 percent

Total amount payable by customer: £39,463

Cash price: £39,075

Mileage allowance: 10,000 miles

 

Fiat Tipo: Choose between deposit contribution and zero-percent APR

While Fiat is charging a hefty 7.5 percent APR on its new 124 Spider, its new VW Golf-rivalling Tipo is much better value. Using the company’s PCP finance scheme, drivers can choose between zero percent APR and a £750 deposit contribution.

Best value is the 120hp 1.6-litre diesel Lounge model – as APR is very low at 0.9 percent anyway and drivers can still benefit from the Fiat deposit contribution. As a result, those choosing to buy the Tipo at the end of the two-year contract will be £536 better off than if they paid cash.*

Fiat Tipo 1.6 MultiJet 120 Lounge

Fiat Tipo review

Parkers star rating: 3.0 stars

Monthly cost: £239 (23 payments)

Deposit: £2,999

Deposit contribution: £750

APR: 0.9 percent

Total amount payable by customer: £17,459

Cash price: £17,995

Mileage allowance: 10,000 miles


Infiniti QX30: Substantial £2,000 deposit contribution shrinks monthly payments

The Infiniti QX30 is a higher-riding version of the Q30, and despite being a newer model is available with similarly large deposit contributions. This means that if you opt for a QX30 2.2d Premium automatic diesel Infiniti will throw in £2,000, cutting monthly payments down to just £299 – pretty strong value for a near-£30,000 car.*

Choose to buy the car and the deposit contribution means that you’ll have paid just £280 more than the list price, making this an affordable way to drive the QX30.

Infiniti QX30 2.2d Premium 7DCT

Infiniti QX30 review

Parkers star rating: Not yet rated

Monthly cost: £299 (36 payments)

Deposit: £4,446.86

Deposit contribution: £2,000

APR: 4.0 percent

Total amount payable by customer: £29,769.61

Cash price: £29,490

Mileage allowance: 8,000 miles

 

Looking to discover more about car finance? Take a look at the stories below:

Interest rate fall: could car finance get cheaper?

Strike back: ditch trains and save money with car finance

Avoid off-roaders to get the best finance deal

Top seven-seaters for less than £350 per month

Car finance: what is PCP?

*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.