The best cars for £100 per month

  • Super savers from £96 per month
  • City cars, superminis, and even the odd estate in budget
  • Deposits from less than £950

The £100 mark can't buy you much in 2020. Things that can easily run to £100 per month 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-focused 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: Suzuki Swift - £103/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 the other cars listed here in this price range.

Even better news - the Swift is available with 0% APR, which is extremely rare at this low price point. However, to get it down to £100 per month, you'll have to cough up a considerable £3,500 up front.**

Suzuki Swift SZ-T PCP deal

  • Monthly cost: £102.55 (47 payments)
  • Deposit: £3,500 (including £1,000 manufacturer deposit contribution)
  • Total amount payable by customer to buy car: £14,299
  • Cash price: £14,299
  • Mileage allowance: 6,000 miles per year
  • APR: 0%

PCP: Dacia Sandero - £100/month

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

2020 Dacia Sandero

The Sandero is officially the cheapest new car in the UK, with a modest starting price of £7,995.

For £100 per month you can afford an Essential model. These models have DAB radios, 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 larger supermini like the Ford Fiesta.**

Dacia Sandero SCe 75 Essential PCP deal

  • Monthly cost: £100 (48 payments)
  • Deposit: £1,025 (including £250 manufacturer deposit contribution)
  • Total amount payable by customer to buy car: £9,379
  • Cash price: £7,995
  • Mileage allowance: 6,000 miles per year
  • APR: 6.9%

PCP: MG 3 - £99/month

Best new car under £100 a month for: warranty

MG 3 front-end

The MG3 is a small and affordable back-to-basics kind of car. It's only offered as a five-door hatchback, with one engine and a manual gearbox. The 1.5-litre motor isn't anything to write home about, but its efficient use of space results in a cabin that is one of the most spacious in the class.

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

A hefty deposit is needed, but at least it's available with 0% APR.*

MG 3 Excite PCP deal

  • Monthly cost: £99.48 (48 payments)
  • Deposit: £4,750
  • Total amount payable by customer to buy car: £13,303.29
  • Cash price: £12,195
  • Mileage allowance: 6,000 miles per year
  • APR: 4.9%

Check out the best deals for all budgets below:

>> Best cars for £90 per month
>> 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:

>> 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 at 16 October 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.