Lease a brand new car for less than Sky TV
- Lease a brand-new car for £121 per month
- Sky TV could set you back £128 per month
- Even with no deposit a car could be cheaper
With most of us paying for everything from our phones to utilities bills and gym membership on a monthly basis, do you know how much you’re actually spending?
Chances are that if you have a super-spec Sky TV package you’re splashing out more than you need to get a brand-new car on the drive – even if you don’t have a deposit to put down.
We've picked four cars that you can drive for less overall than the cost of an all-singing TV package for the same period. Find out how much you can afford to borrow with our car finance calculator and check out these top value cars you can get for less than £90 per month.
Lease a Skoda Fabia, save £26 per month compared with Sky TV
Opt for a Sky TV package complete with sports and film channels and you’ll have to put down £60 upfront and pay £128 every month, with an additional £18.99 line rental kicking in after the first month.
Choose a Skoda Fabia, however and you can save yourself £26 per month after the first payment. As a result, if you financed the car for the 42-month contract and then handed it back you’d have paid £993 less than getting the TV package.*
Monthly cost: £121 (41 payments)
Deposit: £60 (plus £2,000 manufacturer deposit contribution)
APR: 2.8%
Total amount payable by customer to buy car: £9,842
Total amount payable by customer if returning car: £5,015
Cash price: £11,155
Mileage allowance: 5,000 miles per year
Sky TV with boxsets, films and sports channels
Monthly cost: £128 to March 2017, then £147 (including £18.99 line rental)
Deposit: £60 Total amount payable over 42 months: £6,008
Despite no deposit the Suzuki Celerio is still £25 per month cheaper than Sky TV
If the Skoda Fabia doesn’t take your fancy, the Suzuki Celerio is every bit as affordable. Even if you can’t spare a penny for a deposit, you can finance one for just £122 per month.*
You will have to spread payments over four years to get close to the Skoda’s monthly payments, however you’ll still save yourself £1,181 by ditching the TV contract and getting a car instead.
Monthly cost: £122 (48 payments)
Deposit: £0 (£0 manufacturer deposit contribution)
APR: 5.9%
Total amount payable by customer to buy car: £8,101
Total amount payable by customer if returning car: £5,856
Cash price: £6,999
Mileage allowance: 6,000 miles per year
Sky TV with boxsets, films and sports channels
Monthly cost: £128 to March 2017, then £147 (including £18.99 line rental)
Deposit: £60
Total amount payable over 48 months: £7,037
Looking to find out more about car finance? Take a look at the articles below:
What happens at the end of a PCP deal?
Great value models for £150 per month
The seven deadly sins of car finance
Fiat Panda and £1,115 change or Sky TV?
Unlike the two cars above, you’ll have to get a larger deposit together with this Fiat Panda than the Sky alternative. However, the deposit is only £329.
With a larger deposit, monthly payments are £28 less (once you take the Sky line rental into account), at £119. As with the Celerio you’ll have more than £1,100 change if you opt for the car rather than the TV package over the four-year term.
Monthly cost: £119 (47 payments)
Deposit: £329 (£0 manufacturer deposit contribution)
APR: 6.9%
Total amount payable by customer to buy car: £8,212
Total amount payable by customer if returning car: £5,922
Cash price: £6,995
Mileage allowance: 6,000 miles per year
Sky TV with boxsets, films and sports channels
Monthly cost: £128 to March 2017, then £147 (including £18.99 line rental)
Deposit: £60
Total amount payable over 48 months: £7,037
Dacia Sandero with turbocharged engine plus £39 change each month or a TV package?
With its spacious five-seater interior and punchy turbocharged petrol engine, this Dacia Sandero is a lot of car for the money. The deposit is larger than the others in our round up at £697, but the savings are still big.
Over four years you could save an average of £23 each month with the Dacia – enough to get a basic Sky TV bundle if you’re looking for a TV fix.
Monthly cost: £109 (48 payments)
Deposit: £697 (plus £500 manufacturer deposit contribution)
APR: 7.9%
Total amount payable by customer to buy car: £8,794
Total amount payable by customer if returning car: £5,929
Cash price: £7,795
Mileage allowance: 6,000 miles per year
Sky TV with boxsets, films and sports channels
Monthly cost: £128 to March 2017, then £147 (including £18.99 line rental)
Deposit: £60
Total amount payable over 48 months: £7,037
*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.
