The best cars for £100 per month

  • Super savers from £99 per month
  • City cars, superminis, and even the odd estate in budget
  • Deposits from less than £1,500

The £100 mark can't buy you much in 2020. Things that can easily run to £100 per month in 2020 include phone contracts, gym memberships, and even car insurance if you're young.

If the thought of spending £100 per month on an iPhone 11 Pro Max sends you into an angry value-focussed rant, we have good news for you. There are cars out there for the same monthly payment.

Even for this modest price, practical and capable motors including city cars, superminis, and even the odd estate are available.

Quick note, this list is short. There isn't a great deal of choice at this price range. There's a lot more choice in the £150 per month territory. 

It's also worth noting that the APR rates for cars at this price range tend to be a bit higher than the industry norm. This means that while the monthly payments are cheap, overall costs can be similar to bigger and more expensive cars.

And one last thing. With a deposit large enough, a lot of cars are available for £100 per month or less. The following deals are for cars with deposits we'd regard as reasonable.

Best new cars for £100 a month


PCP: Dacia Logan MCV - £100/month

Best new car for less than £100 a month for: size

2020 Dacia Logan MCV

The Dacia Sandero (below) might hold the title of the cheapest new car in the UK, but this Logan MCV holds the cheapest estate car crown. This accolade might not sound as impressive, but it does mean that for less than £100 per month, you can get an estate with a 573-litre boot. To put that into context, a Volvo V60 estate has a smaller boot (529 litres) but will set you back at least three times as much a month.

This price is for the cheapest model. Your £100 per month gets you power steering, some airbags, and not much else. Not even a radio. If you're after more kit, you're better off upgrading to Essential trim for around another £20 per month. But if you just want a vast boot for not a lot of money, not much can touch the Logan MCV.**

Leasing price: from per month

Dacia Logan MCV SCe 75 Access PCP deal

  • Monthly cost: £100 (48 payments)
  • Deposit: £1,900 (including £250 manufacturer deposit contribution)
  • Total amount payable by customer to buy car: £9,764
  • Cash price: £8,495
  • Mileage allowance: 6,000 miles per year
  • APR: 6.9%

PCP: Suzuki Swift - £101/month

Best new car for less than £100 a month for: style

Suzuki Swift side

Suzuki is well known for its no nonsense, reliable and practical cars. The Japanese company regularly wins MPG awards and does well in reliability surveys. And the Swift is the pick of the Suzuki range.

The good news keeps coming too, as the Swift is more refined and generally a bit more upmarket than other cars in this price range.

However, to get it down to £100 per month, you'll have to cough up a considerable £3,750 up front. Which is a lot.**

Leasing price: from £172 per month

Suzuki Swift SZ3 PCP deal

  • Monthly cost: £101 (47 payments)
  • Deposit: £3,750 (including £500 manufacturer deposit contribution)
  • Total amount payable by customer to buy car: £13,030.92
  • Cash price: £11,487
  • Mileage allowance: 6,000 miles per year
  • APR: 6.9%

PCP: Dacia Sandero - £99/month

Best new car for less than £100 a month for: value

2020 Dacia Sandero

Another offering from Dacia here. Officially, the Sandero is the cheapest new car in the UK, with a modest starting price of £6,995.

However, for £100 per month, you can avoid the cheapest of the cheap, and go for a mid-spec Essential model. We would recommend doing this. Essential trim adds a DAB radio, remote central locking, and front electric windows.

The Sandero is priced similarly to a city car, like the Kia Picanto, but size wise, it's actually closer to a supermini like the Ford Fiesta.**

Leasing price: from per month

Dacia Sandero SCe 75 Essential PCP deal

  • Monthly cost: £99 (48 payments)
  • Deposit: £1,350 (including £250 manufacturer deposit contribution)
  • Total amount payable by customer to buy car: £9,286
  • Cash price: £7,995
  • Mileage allowance: 6,000 miles per year
  • APR: 6.9%

Check out the best deals for all budgets below:

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.

Best cars to lease for £100 a month - CarZing

What to read next:

** These deals are indicative examples of some packages available as at 22 June 2020, 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.

Bauer Consumer Media Limited is an appointed representative of ZenAuto Limited for the broking of regulated consumer hire agreements. ZenAuto Limited is authorised and regulated by the Financial Conduct Authority. ZenAuto Limited's registered office is Number One, Great Exhibition Way, Kirkstall Forge, Leeds LS5 3BF. ZenAuto Limited's company registration number is 10967345. ZenAuto is the trading name of ZenAuto Limited.