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PCP finance: best new car deals for less than £200 per month

  • Choose from off-roaders to sporty convertibles
  • Benefit from huge deposit contribution discounts
  • Payments starting from as little as £168 per month
  • Choose from off-roaders to sporty convertibles
  • Benefit from huge deposit contribution discounts
  • Payments starting from as little as £168 per month

Shop for a new car with £100 or £150 to spend per month and there are several great value small cars to choose from. Up the budget to £200 per month, however, and you’ve got much more choice; take your pick from speedy turbocharged petrol hatchbacks, spacious off-roaders and even a convertible sports car.

We’ve rounded up the most appealing models available for less than £200 per month on PCP finance – with up to £3,000 as a deposit. Choose wisely and you can get a car worth more than £20,000 for less than 1% of that cost each month.

Jeep Renegade PCP

If you’re still getting to grips with car finance check out our video guides explaining what PCP finance is, how PCH leasing works, and whether Hire Purchase is for you. Or you can visit our car finance calculator to see how much you can afford to borrow.

In the meantime, if you’ve got more or less to spend, take a look at the best finance deals for all budgets below:

Fiat 124 Spider - £189/month

Version: 124 Spider 1.4 MultiAir Classica

Fiat 124 Spider PCP finance

Sensible enough to want an affordable car, but exuberant enough to want a fun-to-drive convertible? Then this is your car.

Despite still being pretty new, Fiat is throwing in a substantial £2,750 deposit contribution discount on its 124 Spider. That makes it fantastic value, with affordable monthly payments of just £189*.

That gets you this turbocharged rear-wheel drive sportscar on a four-year contract with a useful 10,000-mile-per-year allowance and a £3,000 deposit.

With low interest charges of 1.1% APR you’d actually pay £2,271 less than the list price overall if you were to make the optional final payment to purchase the car – so this £21,055 car could be yours for £18,784.

Fiat 124 Spider 1.4 MultiAir Classica

  • Monthly cost: £189 (47 payments)
  • Deposit: £3,000 (£2,750 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £11,880
  • Total amount payable by customer to buy car: £18,784
  • Cash price: £21,055
  • Mileage allowance: 10,000 miles per year
  • APR: 1.1%

Suzuki SX4 S-Cross - £178/month

Version: SX4 S-Cross 1.0 Boosterjet SZ4

Suzuki SX4 S-Cross PCP finance

If you’d rather a high-riding off-roader than a sporty drop-top, the SX4 S-Cross could be for you. Thanks to a hefty £2,500 price cut, slashing the already reasonable list price down to just £14,999, you could put an S-Cross on the drive for just £178 per month with a £3,000 deposit*.

That gets you a turbocharged petrol version with air-conditioning, Bluetooth, a digital radio, 16-inch alloy wheels and cruise control on a four-year, 10,000-mile-per-year contract.

No, the S-Cross isn’t the most obvious small crossover, but thanks to its low monthly payments, surprisingly punchy engine, and comfortable, practical interior, it’s a great car for the money.

Suzuki SX4 S-Cross 1.0 Boosterjet SZ4

  • Monthly cost: £178 (48 payments)
  • Deposit: £3,000 (no manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £11,547
  • Total amount payable by customer to buy car: £17,081
  • Cash price: £14,999
  • Mileage allowance: 10,000 miles per year
  • APR: 5.9%

SEAT Leon 5dr - £168/month

Version: 1.0 TSI 115 SE Dynamic Technology

SEAT Leon PCP finance

When it comes to bang for your buck, this SEAT Leon must be one of the absolute best value cars for under £200 per month. You’d actually get plenty of change with this version, as the 1.0 TSI 115 SE Dynamic Technology comes in at only £168 per month on a four-year, 10,000-mile-per-year contract with a £3,000 deposit*.

Despite being so small, the engine offers surprisingly strong performance, while you get plenty of standard kit in SE Dynamic Technology form – including sat-nav, front and rear parking sensors and 17-inch alloy wheels.

Best of all, if you can’t stretch to a £3,000 deposit, put down £1,550 and this Leon would come in within budget at £200 per month. What makes this car such good value is that SEAT is throwing in a £2,500 deposit contribution discount and you can save a further £1,000 by downloading a voucher.

SEAT Leon 5dr 1.0 TSI 115 SE Dynamic Technology

  • Monthly cost: £168 (48 payments)
  • Deposit: £3,000 (£2,500 manufacturer deposit contribution, £1,000 discount with voucher download)
  • Total amount payable by customer if returning car: £11,048
  • Total amount payable by customer to buy car: £16,728
  • Cash price: £18,960
  • Mileage allowance: 10,000 miles per year
  • APR: 3.5%

Hyundai i30 Tourer - £186/month

Version: i30 Tourer 1.0 T-GDI 120hp S

Hyundai i30 Tourer PCP finance

A low cash price and a sizeable £2,000 deposit contribution discount, plus £1,000 off for taking a test drive, make this i30 Tourer great value. Monthly payments weigh in at just £186 on a 49-month,10,000-mile-per-year contract (with a £3,000 deposit).*

Yes, this is the entry-level model – so it doesn’t have the longest list of standard equipment – but you do get the practicality of having lots of room for passengers in the rear seats and a huge boot.

Standard equipment includes air conditioning, cruise control with a speed limiter, Bluetooth, a DAB radio, automatic headlights and 15-inch alloy wheels.

Hyundai i30 Tourer 1.0 T-GDI 120hp S

  • Monthly cost: £186 (48 payments)
  • Deposit: £3,000 (£2,000 manufacturer deposit contribution, £1,000 test drive discount)
  • Total amount payable by customer if returning car: £11,920
  • Total amount payable by customer to buy car: £16,404
  • Cash price: £17,500
  • Mileage allowance: 10,000 miles per year
  • APR: 5.9%

Want to learn more about car finance? Take a look at the links below:

Skoda Octavia - £200/month

Version: Octavia 1.0 TSI 115 SE

Skoda Octavia PCP finance

If the Hyundai above doesn’t take your fancy, the Skoda Octavia offers a similarly spacious interior and – despite being a hatchback rather than an estate – a boot that is very nearly as big.

Throw in a turbocharged petrol engine that offers far more muscle than its small size would suggest and this Skoda is a huge amount of car for the money.

Monthly payments come for the SE version come in at £200 per month on a four-year, 10,000-mile-per-year contract if you can put down a slightly larger £3,150 deposit*.

Standard kit, meanwhile, includes dual-zone climate control, an eight-inch touchscreen media system, digital radio, Bluetooth and 16-inch alloy wheels plus cruise control and rear parking sensors.

Skoda Octavia 1.0 TSI 115 SE

  • Monthly cost: £200 (47 payments)
  • Deposit: £3,150 (£2,500 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £12,566
  • Total amount payable by customer to buy car: £18,582
  • Cash price: £19,095
  • Mileage allowance: 10,000 miles per year
  • APR: 5.2%

Jeep Renegade - £184/month

Version: Renegade 1.6 E-TORQ Sport

Jeep Renegade PCP finance

It may be small and affordable, but the Renegade looks boxy and channels the spirit of much larger Jeep SUVs, making it stand out in supermarket car parks.

Costs weigh in at £184 per month on a four-year, 10,000-mile-per-year contract with a £3,000 deposit. That gets you the entry-level 1.6-litre petrol version, which, while relatively basic includes essentials like a digital radio, air conditioning and 16-inch alloy wheels.

While the Renegade maxes out on style, its 1.6-litre non-turbocharged petrol engine is a little underwhelming, offering unimpressive acceleration, while claimed fuel economy doesn’t stand out either.

Jeep Renegade 1.6 E-TORQ Sport

  • Monthly cost: £184 (47 payments)
  • Deposit: £3,000 (£3,250 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £11,648
  • Total amount payable by customer to buy car: £17,052
  • Cash price: £18,500
  • Mileage allowance: 10,000 miles per year
  • APR: 5.2%

Audi A1 - £195/month

Version: A1 1.4 TFSI Sport Nav

Audi A1 PCP finance

Unlike the Jeep above, this Audi A1 majors on performance, offering strong acceleration and impressive claimed fuel economy. The 1.4 TFSI model can sprint from a standstill to 62mph in a brisk 8.8 seconds, while it should be capable of strong 57.6mpg official economy.

Thought the A1 may be small, in Sport Nav form, you also get air conditioning, rear parking sensors, sat-nav, Bluetooth, cruise control and 16-inch alloy wheels.

With a new A1 arriving soon, you should also be able to negotiate a discount on this outgoing model. Click to find out more about how to make sure you get the best car finance deal.

Audi A1 1.4 TFSI Sport Nav

  • Monthly cost: £195 (47 payments)
  • Deposit: £3,000 (£1,000 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £12,161
  • Total amount payable by customer to buy car: £20,213
  • Cash price: £18,280
  • Mileage allowance: 10,000 miles per year
  • APR: 6.7%

Nissan Juke - £181/month

Version: Juke 1.2 DiG-T 115 Bose Personal Edition

Nissan Juke PCP finance

The Nissan Juke has been around since the turn of the decade, but it still boasts attention-grabbing looks, a great small petrol engine and strong value PCP finance offers.

Thanks to an enormous £3,550 deposit contribution discount, the Juke weighs in at £181 per month on a four-year contract with a £3,000 deposit and 10,000-mile-per-year cap.

No it’s not the biggest or fastest car available for this price, but the 1.2 DiG-T Bose Personal Edition is the best Juke to go for, with good performance from the small engine, strong claimed economy and a good haul of standard equipment.

Sat-nav, a reversing camera, cruise control, climate control and automatic lights and wipers are standard, as are 17-inch alloy wheels and electric-folding mirrors, plus a Bose sound system.

Nissan Juke 1.2 DiG-T 115 Bose Personal Edition

  • Monthly cost: £181 (48 payments)
  • Deposit: £3,000 (£3,550 manufacturer deposit contribution)
  • Total amount payable by customer if returning car: £11,688
  • Total amount payable by customer to buy car: £17,259
  • Cash price: £18,990
  • Mileage allowance: 10,000 miles per year
  • APR: 5.0%

*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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