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PCP finance: best new car deals for less than £100 per month

  • Super savers from just £97 per month
  • Put down as little as £1,398 as a deposit
  • One off-roader plus an estate in budget
  • Super savers from just £97 per month
  • Put down as little as £1,398 as a deposit
  • One off-roader plus an estate in budget

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, which get you the keys to a brand new car with change to spare from £100 – even if you don’t have the largest deposit to put down.

We’ve rounded up the most appealing offers that make it possible to 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.

Dacia Duster £100 per month

Remember, though, that you’ll have to put down a larger deposit, spread costs over a longer period – if the manufacturer allows this – or sign up to a lower-mileage contract to cut a £100-per-month model down to less than £90. Check out the best deals for all budgets below:

Looking to find out more about car finance? Watch our video guides to PCP finance, PCH leasing and Hire Purchase or visit our car finance calculator to find out how much you can afford to borrow.

Best new cars for under £100 a month 2018

Kia Picanto - £98/month

Version: Picanto 1.0 67hp 1

Kia Picanto

The cheapest Kia Picanto looks sharp and offers strong claimed fuel economy of 64.2mpg – so it shouldn’t cost you much in petrol.

Costs come in at an affordable £98 per month on a three-year contract, but you’ll have to limit yourself to 6,000 miles per year to avoid excess mileage charges. The deposit is also a reasonably large £2,500*.

The list of standard equipment is brief, but you do get front electric windows, remote central locking, split-folding rear seats and no fewer than six airbags. There’s also a USB port to connect your phone to the car.

Kia Picanto 1.0 67hp 1

  • Monthly cost: £98 (36 payments)
  • Deposit: £2,500 (£650 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £6,027
  • Total amount payable by customer to buy car: £10,009
  • Cash price: £9,720
  • Mileage allowance: 6,000 miles per year
  • APR: 5.9%

Suzuki Swift - £97/month

Version: Swift 1.2 SZ3

Suzuki Swift PCP

The Suzuki Swift is an often overlooked small car with low cash prices, fun to drive handling and cute looks on its side. Thanks to interest-free credit, it’s one of the best value on PCP finance too.

The entry-level version of this five-door hatchback could be yours for just £97 per month with a £2,500 deposit on a four-year, 6,000-mile-per-year contract*.

The Swift comes with five doors, a digital radio, Bluetooth and air-conditioning. It also shouldn’t cost much in fuel bills, with impressive 65.7mpg claimed economy.

Suzuki Swift 1.2 SZ3

  • Monthly cost: £97 (48 payments)
  • Deposit: £2,500 (no manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £7,154
  • Total amount payable by customer to buy car: £11,999
  • Cash price: £11,999
  • Mileage allowance: 6,000 miles per year
  • APR: 0%

Dacia Duster - £100/month

Version: Duster 1.6 SCe 115hp Access

Dacia Duster

The UK’s most affordable off-roader is so cheap that not only can you get it for £100 per month, you can actually get it for £90 per month thanks to a £250 deposit contribution discount.

For this budget, however, you can get the entry-level Dacia Duster with a lower £1,930 deposit and a higher 10,000-mile-per-year allowance, on a three-year contract*.

While the Duster is spectacularly good value, this most basic model lacks a radio and air conditioning, so in this case you may want to spend more for one of the slightly pricier models.

Dacia Duster 1.6 SCe 115hp Access

  • Monthly cost: £100 (36 payments)
  • Deposit: £1,930 (£250 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £5,530
  • Total amount payable by customer to buy car: £11,133
  • Cash price: £9,995
  • Mileage allowance: 10,000 miles per year
  • APR: 6.9%

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

Suzuki Ignis - £97/month

Version: Ignis 1.2 SZ3

Suzuki Ignis PCP finance

If you’re after a higher-riding model that’s easier for less mobile passengers to climb in and out of – with an almost-SUV-like feel to it – you can also get the Suzuki Ignis.

Monthly payments for the mid-specification Ignis come in at £97 and this gets you a reasonably nippy 1.2-litre model with a £2,500 deposit (on a four-year, 8,000-mile-per-year contract).*

Those low payments are thanks to a large £1,000 discount, which reduces the cash price to just £10,499, in turn shrinking your payments.

High interest charges of 6.9% APR, however, mean this isn’t the best value car overall, if you plan to make the optional final payment to buy it at the end of the contract.

Suzuki Ignis 1.2 SZ3

  • Monthly cost: £97 (48 payments)
  • Deposit: £2,500 (£0 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £7,162
  • Total amount payable by customer to buy car: £12,308
  • Cash price: £10,499
  • Mileage allowance: 8,000 miles per year
  • APR: 6.9%

Dacia Sandero - £100/month

Version: Sandero TCe 90hp Essential

Dacia Sandero PCP finance

A rock-bottom cash price means that the Dacia Sandero is one of the cheapest new cars you can finance, with a recent cash price hike somewhat offset by a £250 deposit contribution discount and middle-of-the-road 4.9% APR.

It’ll cost you just £100 per month with a £2,060 deposit on a three-year, 6,000-mile-per-year contract in turbocharged petrol Sandero TCe 90hp Essential form*.

This model includes most of the basics you could want, such as air-conditioning, Bluetooth and a digital radio. If you've got a smaller deposit, fear not; you can get step down to the 1.0-litre SCe 75hp Essential model with the same equipment for £99 per month with a £1,398 deposit.*

Dacia Sandero TCe 90hp Essential

  • Monthly cost: £100 (36 payments)
  • Deposit: £2,060 (£250 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £5,660
  • Total amount payable by customer to buy car: £9,065
  • Cash price: £8,595
  • Mileage allowance: 6,000 miles per year
  • APR: 4.9%

Dacia Logan MCV - £100/month

Version: Logan MCV 1.0 SCe 75hp Access

Dacia Logan MCV PCP finance

If practicality is a priority, you can’t beat the Dacia Logan MCV. Based upon the Sandero above, but adding a huge estate boot, you get plenty of room for passengers and luggage.

Monthly payments weigh in at £100 on a three-year, 6,000-mile-per-year contract with a £2,353 deposit, making this a big car for tiny instalments*.

Where the Logan excels in the size stakes with its enormous boot, you get barely any standard kit in Access trim and engine performance is less impressive. The Logan is more suited to large but light loads, as the 75hp 1.0-litre non-turbocharged petrol motor in this version is likely to struggle with heavy loads.

Dacia Logan MCV 1.0 SCe 75hp Access

  • Monthly cost: £100 (36 payments)
  • Deposit: £2,353 (£0 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £5,953
  • Total amount payable by customer to buy car: £9,192
  • Cash price: £8,495
  • Mileage allowance: 6,000 miles per year
  • APR: 4.9%

Hyundai i10 - £98/month

Version: i10 1.0 67hp SE

Hyundai i10 PCP finance

If you’re looking for a £100-per-month car, chances are you don’t have thousands to splash on a deposit. But, if you can stretch to £2,900 upfront, you could get yourself the grown-up Hyundai i10 in SE trim.

The Hyundai i10 shares DNA with the Kia Picanto above – with the same 1.0-litre 67hp petrol engine – but in this case you can get far more equipment on a £100-per-month budget*. Explaining the difference, you can spread i10 costs across four years rather than the three-year maximum for the Picanto.

This means that standard kit now includes air-conditioning, electric rear windows, electric heated door mirrors, Bluetooth and a digital radio. Plus cruise control with a speed limiter. You will have to limit yourself to 6,000 miles per year to avoid excess mileage charges, though.

Hyundai i10 1.0 67hp SE

  • Monthly cost: £98 (48 payments)
  • Deposit: £2,900 (£500 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £7,626
  • Total amount payable by customer to buy car: £11,266
  • Cash price: £10,400
  • Mileage allowance: 6,000 miles per year
  • APR: 6.4%

Looking to learn more about car finance? Take a look at the articles below:

*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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