Cheap PCP deals - the best cars for £100 per month

  • Super savers from £100 per month
  • Mostly city cars and superminis
  • Better deals found on more expensive cars

High-end phone contracts, gym memberships and tv subscriptions - they can all run to £100 per month. Alternatively, thanks to the latest raft of cheap PCP deals in the UK, that figure can get you behind the wheel of a new car.

We'll be frank. A new car for £100 per month is obviously going to be pretty cheap, so don't expect too many bells and whistles. APR rates for this bargain-basement pricing tend to be higher than the norm too. And you'll need a decent deposit.

Below you'll find the highlights, all of which are based on PCP agreements.

If none of those are to your liking, take a look at our £150 per month article. An increase in monthly outgoings rewards you in more cars to choose from and different types of finances.

Best cheap pcp deals UK 2022: £100 a month or less


PCP: Toyota Aygo

Parkers pick for £100 a month car deals

There's a new Toyota Aygo round the corner, so expect this version (pictured) of Toyota's smallest car to keep coming with ace finance deals.

Where the Aygo stands out from other city cars is in the way it looks and its reliability. Up front it has a distinctive 'X' shaped nose, while it also benefits from (up to) a ten-year warranty. 0% APR is unusual for this price range too.**

Toyota Aygo x-play PCP deal

  • Monthly cost: £110.36 (46 payments)
  • Deposit: £5,117
  • Total amount payable by customer to buy car: £14,620
  • Cash price: £14,620
  • Mileage allowance: 8,000 miles per year
  • APR: 0%

PCP: MG 3

Parkers pick for £100 a month car deals

The MG3 is a small and affordable back-to-basics kind of car. There's no three-door option and it only comes in a few trim levels. The 1.5-litre motor isn't anything to write home about, but its efficient use of dimensions results in a cabin that is one of the most spacious in the class.

It isn't quite as good as its main rival, the Ford Fiesta. However, the price makes it tempting. Its seven-year warranty adds to the appeal.

A hefty deposit is needed and sadly it's no longer available with 0% APR. Still, 1.9% APR is well below average and it's a lot of car for £100 per month.**

MG 3 Excite PCP deal

  • Monthly cost: £100.42 (48 payments)
  • Deposit: £4,000
  • Total amount payable by customer to buy car: £13,361.56
  • Cash price: £12,895
  • Mileage allowance: 8,000 miles per year
  • APR: 1.9%

PCP: Dacia Sandero

Dacia Sandero PCP deal

The Sandero is officially the cheapest new car in the UK, with a modest starting price of £10,145.

Your £100 per month squeezes you into an Essential model. This is the cheapest Sandero, but unlike with old versions, it comes with DAB radio, remote central locking and cruise control.

Where the Sandero really excels is in space for money. It's priced similarly to a city car like the Kia Picanto, but size wise, it's actually closer to a larger supermini like the Ford Fiesta.**

Dacia Sandero Essential PCP deal

  • Monthly cost: £100 (48 payments)
  • Deposit: £2,000
  • Total amount payable by customer to buy car: £11,683
  • Cash price: £10,145
  • Mileage allowance: 6,000 miles per year
  • APR: 5.9%

PCP: Suzuki Ignis

Parkers pick for £100 a month car deals

If you'd like a fashionable city car-sized SUV rather than a simple and small hatchback, the Ignis is the cheapest around.

A tall car considering its dimensions, it has loads of headroom and is very easy to get in and out of. Thanks to an efficient engine, light underpinnings and a host of safety systems, it's cheap to run too.

It's nowhere near as refined or as nice to sit in as a Volkswagen Polo, but it is at least something slightly different from the norm.**

Suzuki Ignis SZ3 PCP deal

  • Monthly cost: £103.61 (48 payments)
  • Deposit: £5,250
  • Total amount payable by customer to buy car: £15,668.28
  • Cash price: £13,749
  • Mileage allowance: 6,000 miles per year
  • APR: 6.9%

PCP: Kia Picanto

Kia Picanto PCP deals

Seven-year warranty and 0% APR. On a rational ground, it's pretty hard to turn your nose up at this offer.

Yes, the deposit is a whopper. But it's a two-year finance deal, meaning it's a sensible way to buy a small and reliable car outright with loads of warranty still left on it.

The Picanto itself is a well-equipped and easy to drive car, perfectly sized for the city. This deal is for a top spec GT-Line S model. These come with heated front seats, cruise control and wireless mobile phone charging.**

Kia Picanto GT-Line S PCP deal

  • Monthly cost: £106.49 (25 payments)
  • Deposit: £6,659
  • Total amount payable by customer to buy car: £16,795
  • Cash price: £16,795
  • Mileage allowance: 6,000 miles per year
  • APR: 0%

>> Scrappage scheme guide

Used car finance deals offer an alternative

PCP finance for used cars is also available. But the finance agreements aren't as attractive. However, low APR rates (below 3%) from banks are out there for used cars depending on your credit rating.

Going the used route is easy too. Most used car dealers offer it, and they usually allow you to drive away on the same day.

A lot of people search Google for £99 a month car deals with no deposit. We're here to tell you that it's impossible to get a new car on these terms. If you don't have any money for a deposit, but £99 spare each month, we recommend saving this money up and buying a cheap used car for £500-£1,000.

>> Used car finance guide
>> Scrappage scheme guide

Check out the best deals for all budgets below:

>> Best cars for £150 per month
>> Best cars for £200 per month
>> Best cars for £300 per month
>> Best cars for £400 per month
>> Best cars for £500 per month
>> Top cash, finance and leasing offers: Deal Watch

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

What to read next:

>> 0% APR car finance deals
>> What is PCP?

>> What happens at the end of a PCP deal?
>> How does car leasing work?
>> Lease or buy: rent or keep?
>> How to find cheap car finance
>> The guide to used car finance

** These deals are indicative examples of some packages available as of 1 January 2022 but are subject to change without prior notice. Everyone's financial circumstances are different and the availability of credit is subject to status. Terms, conditions and exclusions apply. Parkers cannot recommend a deal for you specifically.