The best cars for £400 per month

  • Choose from SUVs to sports cars
  • Upmarket models can be surprisingly affordable
  • We've rounded up the best personal lease and PCP deals

Fancy an upmarket and lavishly equipped car? The £400 per month mark lands you right in the stomping ground of high-end manufactures such as Mercedes-Benz, Audi, and BMW. This sort of budget will stretch to hefty 4x4s, luxury saloons and sleek sports cars, as well as pretty much any other type of car that takes your fancy.

This article lists the best £400 per month PCP (Personal Contract Purchase) and leasing deals around.

With a PCP deal you pay a deposit and a series of monthly payments. You then choose whether you want to buy the car at the end or not.

Leasing (sometimes referred to as PCH or Personal Contract Hire) is essentially the same as renting. You pay an initial payment, then a series of monthly payments. And that's it. You hand the car back.

PCP is the way to go if you want to keep your buying options open, and leasing is usually better if you don't want to buy a car at the end of the agreement.

Best new cars for £400 a month 2021


LEASE: Polestar 2

Polestar 2 leasing

Polestar is the new electric sub-brand of Volvo that has been winning rave-reviews from websites and magazines. The 2 is its first fully-electric car, and it's a cracker. Designed to take on the mighty Tesla Model 3, it doubles-down on elegant interiors and refined driving mannerisms.

Very fashionable too. Plus it has an Android infotainment system plumbed in. You can, for instance, tell your Google smart speaker to turn on the air-con in the car.

Electric range spans from 255 to 336 miles depending on which version you choose.*

Leasing price: from £417 per month

LEASE: BMW i3

BMW i3 £400 per month

It's hard to believe the i3 is eight years old now. But here it is, still as spaceship-like as ever. Step inside and you'll immediately notice the dashboard is made from recycled materials and that its windscreen is massive, giving you a superb view out.

The i3 is also an electric car. It's beginning to feel its age in terms of range and charging times, but if you can live with a 190-ish miles between plugging in, very few electric cars are as desirable or as easy to live with day-to-day.

There are a fair few deals around. If you want an i3 with a 0-62mph time of sub seven seconds, it's worth seeking out the pokey 'S' model.*

Leasing price: from £308 per month

LEASE: BMW 3 Series Touring

£400 a month BMW 3 Series Touring

SUVs have become the norm. But at Parkers we reckon the humble estate still has an awful lot to offer. And the BMW 3 Series Touring is one of the best around.

It does a brilliant job of combining a plush, well-made interior with a 500-litre boot. And whisper it... the 3 Series Touring is much better to drive than a typical SUV. It's lighter and just feels so much more svelte in comparison. Easy to park, too.

On offer here is the popular 320i M Sport. This combines a 184hp petrol engine and sporty-looking 18-inch alloys.*

Leasing price: from £382 per month

LEASE: Volkswagen ID.3

Volkswagen ID.3 leasing deals

The ID.3 is the first purpose-built electric Volkswagen. It really feels, and looks, like the future.

The interior is pared back with very few physical controls - nearly all functions are dealt with by a pair of digital screens. The exterior is clean and simple without a grille. 

Expect a 0-62mph time of 7.3 seconds from the model on offer here with the 150kW battery, as well as an official WLTP range of 263 miles.*

Leasing price: from £313 per month

LEASE: Mercedes-Benz B-Class

Mercedes-Benz B-Class

MPVs may seem like a thing of the past thanks to the rise of the SUV. But the Mercedes B-Class proves there's still life in the old dog yet.

It provides a convenient middle ground for those who don't want the imposing looks of an SUV, but do want the height.

The B-Class is based on the same platform as the A-Class, and it features the same tech-heavy, swish interior. In other words, this MPV is nothing like the 15-year old Vauxhall Zafira parked outside of your local kebab shop.*

Leasing price: from £372 per month

*These deals are indicative examples of some packages available as of 5 October 2021 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 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. Terms, conditions and exclusions apply.


PCP: Audi A6

Audi A6 £400 per month

Inside is where this Audi excels. It's impeccably put together and well-built, with materials that manage to feel plush yet solid. Technology is on point too. There are twin touchscreens - the upper controls things such as the sat-nav, while the lower is for temperature controls. It looks the business and it's logical too.

The A6 is a full-sized 'executive' car, so it's bigger than the BMW 3-Series found elsewhere in this list. Rear leg and shoulder room is amicable and four adults fit comfortably.

Trim levels are easy to understand. They consist of Sport, S Line, Black Edition, and Vorsprung. This offer is for an S Line car with a 2.0-litre 204hp petrol engine.**

Audi A6 S line 40TFSI 204ps

  • Monthly cost: £419 (47 payments)
  • Deposit: £8,682.11 (including deposit contribution of £5,000)
  • Total amount payable by customer to buy car: £45,424.31
  • Cash price: £44,295
  • Mileage allowance: 10,000 miles per year
  • APR: 6.6%

Audi A6 PCP deal

PCP: Skoda Superb

Skoda Superb £400 a month

Electric vehicles are growing in popularity. And for some, a zero-emissions car capable of a hundred-or-so miles between charges fits into their lifestyle.

But what if you're not a twenty-something urbanite nipping out for a soy milk flat white? 

There is still a lot to be said for a big hatchback, and the Superb is one of the best around. The tech you get is borrowed from Volkswagen and Audi, the rear passenger space is roomiest in class, plus there are clever touches like hands-free opening for the boot. Speaking of which, the 625-litre boot is massive.**

Skoda Superb Hatchback 1.5 TSI DSG SE L

  • Monthly cost: £349 (47 payments)
  • Deposit: £5,274.67 (including £3,250 deposit contribution)
  • Total amount payable by customer to buy car: £34,741.37
  • Cash price: £31,575
  • Mileage allowance: 10,000 miles per year
  • APR: 4.9%

Skoda Superb PCP deal

PCP: SEAT Tarraco

SEAT Tarraco £400 a month

The Tarraco sits on the same underpinnings as a load of other VW Group SUVs, such as the Tiguan. It has smooth petrol engines, efficient diesels, and even a plug-in hybrid to choose from.  And best of all, the Tarraco is a full-fat seven-seater. 

The third row of seats are undeniably tight, but they're still comfortable for kids and fold away easily to reveal a 700-litre boot. We lived with one for six months and can vouch for its versatility.**

Sensible deposit and a hefty deposit contribution here from SEAT too.**

SEAT Tarraco FR 1.5

  • Monthly cost: £357.22 (47 payments)
  • Deposit: £5,000 (including £2,500 deposit contribution)
  • Total amount payable by customer to buy car: £36,494.34
  • Cash price: £33,565
  • Mileage allowance: 8,000 miles per year
  • APR: 3.9%

SEAT Tarraco PCP deal

PCP: Volvo V90

Best cars for £400 a month

The Volvo V90 is a reassuringly grown-up car. On the outside it's just boxy enough to hint at sensible lifestyle activities, while the interior is light and airy. Available in some fantastic colour/material combinations too.

That boxy shape lends itself to a large 560-litre boot and it's super easy to drive, with a raft of safety equipment, plus one of the best semi-autonomous systems around.

For this money you'll be looking at a Momentum spec car. They come with niceties such as Apple CarPlay/Android Auto, a rear parking camera, and leather seats.**

Volvo V9 B4 Momentum automatic

  • Monthly cost: £399 (48 payments)
  • Deposit: £5,732.70 (including £4,000 manufacturer deposit contribution + £3,663 retailer deposit contribution)
  • Total amount payable by customer to buy car: £42,485
  • Cash price: £39,097
  • Mileage allowance: 10,000 miles per year
  • APR: 3.9%

Volvo V90 PCP deal

PCP: Toyota GR Supra

2019 Toyota GR Supra

If you're looking for a great GT car that's filled with heritage and attitude, look no further.

Toyota set out from the get-go to make it an enjoyable, yet every day kind of sports car. By and large it has succeeded. And while the Alpine A110 and Porsche 718 Cayman are just a bit sweeter to drive, the Supra is better to deal with day-to-day as it's a bit less pointy, making it more comfortable on longer runs.

0% APR is generous for this kind of car. Plus, it's backed by Toyota's 10-year warranty. The deposit is massive, but it's a savvy way to buy an expensive car outright.**

Toyota GR Supra PCP deal

  • Monthly cost: £349 (23 payments)
  • Deposit: £13,008
  • Total amount payable by customer to buy car: £54,985
  • Cash price: £54,985
  • Mileage allowance: 10,000 miles per year
  • APR: 0%

What to read next - car finance

>> Best cars for £90 per month
>> Best cars for £100 per month
>> Best cars for £150 per month
>> Best cars for £200 per month
>> Best cars for £300 per month
>> Best cars for £500 per month
>> Top cash, finance and leasing offers: Deal Watch
>> 0% APR car finance deals

** These deals are indicative examples of some packages available as of 5 October 2021, 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.