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Compare the best new car deals | Parkers Deal Watch (w/c 30 Sep 2024)

  • Find the best car to suit your budget
  • Pick up some hints on the biggest car discounts
  • Get the full low down on PCH deals, cheap finance and PCPs

Written by Keith Adams Updated: 1 October 2024

Welcome to Parkers Deal Watch. On this page, you’ll find a selection of the best new car deals to sink your teeth into. This page covers both personal car leasing and PCP agreements, so there should be something here for everyone.

Before diving in, it’s important to remember that, while financing offers you the chance to drive a more upmarket or higher-spec car than you might expect, you need to walk into the agreement with your eyes open. Know the terms, and understand what those monthly payments mean for you.

Once you have your budget and are confident you can meet the payments, you’ll be amazed at the choice available.

Shop around, check what’s out there and remember to play with the finance calculator to see if you can afford a better car or drive down your monthly payments.

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Deal watch - how to get the best new car on monthly finance
Looking for the best deals? Here’s our latest selection of limited offers.

Table of contents

Best car lease deals

Personal Car Hire (PCH) personal leasing is the simplest way of getting behind the wheel of a brand-new car. You make an initial payment (like a deposit on a rental property), pay your monthly fees, then that’s it. You hand the car back at the end of the contract. If you like to change your car every two to three years, then leasing can be a wise choice.

However, PCH means you’ll never have the opportunity to own the car you’ve been driving outright. You’re merely leasing it, rather than making payments on it. You’ll also never be able to build up an equity, which can help contribute towards the cost of your next car finance deal.

This week’s featured deals

£263 per month over two years

Expert rating:

4.5
The flagship of Volkswagen’s electric range, the ID.7 stands out as an excellent long-distance driver. With a 400-mile range and a comfortable ride, it’ll soak up long journeys with ease. It’s also more spacious than its key rivals, the Tesla Model Y and BYD Seal, with a huge boot and massive interior.

We’d advise you to skip the GTX, as the extra motor only offers marginal performance gains and chops a fair bit off that epic battery range. In any other spec it’s a usable and versatile electric car, and one that’s keenly priced too.  

To find out more, read our full Volkswagen ID.7 review.

Volkswagen ID.7 210kW Match Pro Hatchback
Monthly cost: £262.80 (23 payments, incl. VAT)
Initial payment: £2,365.20 (9 months' payment plus plus £298.80 fees)
Mileage allowance: 5,000 miles per year

Volkswagen ID.7 review (2024)

Pros

  • Huge official range
  • Nicely judged interior
  • Comfort and refinement

Cons

  • Infotainment still a bit fiddly
  • Heat pump is optional

£475 per month over three years

Expert rating:

4.0
The Polestar 4 is an appealing alternative to the usual premium SUVs, such as the Tesla Model Y and Audi Q6 E-Tron. Its calming interior is a delight to be in and it’s spacious for people, too. It’s good, if not thrilling to drive and the range is good, too.

We’d advise keeping it cheap and opt for the single motor. Spec your car to include the light Nappa leather interior and you’re sorted. Ultimately, we’d say a Porsche Macan Electric is a better choice for keen drivers, but the Polestar isn't far behind.

To find out more, read our full Polestar 4 review.

Polestar 4 100kWh Long Range Single Motor Plus
Monthly cost: £475.46 (36 payments, incl. VAT)
Initial payment: £5,705.56 (12 payment plus plus zero fees)
Mileage allowance: 5,000 miles per year

Pros

  • Spacious, high-quality interior
  • Good driving range
  • Satisfying to drive

Cons

  • Rivals have bigger boots
  • Not enough physical controls inside

£187 per month over two years

Expert rating:

4.0
The Volkswagen Golf Mk8 is still very much the benchmark in the hatchback class – yes, some cars drive better or offer more value for money, but here's the one to buy if you're after a classless, competent and well-built small family car. Plus points are its refinement, practicality and fuel consumption.

The Golf is very comfortable and very easy to live with, too. The car’s suspension is great at isolating the cabin from motorway lumps (especially when teamed with the car’s smallest 16-inch alloy wheels) – and even this entry-level petrol engine can return around 50mpg on a gentle cruise. One to buy if you want trouble-free family car motoring.

To find out more, read our full Volkswagen Golf review

Volkswagen Golf 1.5 TSI 150 Match
Monthly cost: £186.71 (23 payments)
Initial payment: £2,510.51 (12 months' payments plus £269.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Excellent new infotainment system
  • Build quality has improved over the old model
  • Supremely competent all-rounder

Cons

  • Not as engaging to drive as the Focus
  • Skoda Octavia offers better value

£188.29 per month over two years

Expert rating:

4.0
We love the new MINI Cooper. This little gem is a breath of fresh air in what was a stagnating supermini class. We think it's one of the most entertaining cars in its segment to drive, it's been wonderfully assembled and its circular infotainment system is as much a joy to use as it is a novelty.

We're not going to sugar coat it, though. This isn't a big car so, if you need enough space to carry three passengers and their luggage, you'd be better off shopping for something else. But as a tool for making you feel good, few modern cars come as close.

To find out more, read our full MINI Cooper review

MINI Cooper C 1.5 Classic
Monthly cost: £188.29 (23 payments)
Initial payment: £2,259.48 (12 months' payments plus £240 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Great fun to drive
  • Excellent infotainment
  • Brilliant build quality

Cons

  • No manual option
  • Cramped rear seats

£201 per month over two years

Expert rating:

4.0
If you’re in the market for a medium-sized SUV, the newly-facelifted Qashqai should be at, or very near, the top of your shopping list. It’s one of the most technically advanced SUVs available, is excellent to drive, and as this week's deal is for the E-Power, a tempting hybrid too.

It’s practical, with some very clever interior touches, as you’d expect for a product that’s now entered its third generation. While the quality and interior are also up there with the very best in class.

To find out more, read our full Nissan Qashqai review

Nissan Qashqai 1.5 E-Power Acenta Premium
Monthly cost: £200.77 (23 payments, incl. VAT)
Initial payment: £2,409.24 (12 months' payment plus plus £299.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Tech packed, quality interior
  • User-friendly kit that works well
  • Seriously refined

Cons

  • Engine can feel underpowered
  • No high-performance version

£165 per month over two years

Expert rating:

4.0
The SEAT Ibiza is good value in its latest form and feels very grown-up to drive without losing the sense of fun you expect in a small car. It has a well-specified interior with genuine space for four, plus a comprehensive selection of frugal yet nippy engines to choose from.

What’s more, it’s keenly priced and offers one of the best drives in the supermini class, and is up there with the Renault Clio and Peugeot 208 for desirability.

To find out more, read our full SEAT Ibiza review

SEAT Ibiza 1.0 TSI 95 SE
Monthly cost: £164.73 (23 payments)
Initial payment: £1,977.12 (12 months' payments plus £299.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Low prices and good deals
  • Lots of equipment available
  • Easy to drive, but also fun

Cons

  • Some interior plastics are very hard
  • No hybrids or plug-in models

£195 per month over two years

Expert rating:

3.0
Not the last word in EVs or even cars, the Subaru Solterra may be middling at best, but it is seriously good value for money if you’re after a cheap EV lease. With an average battery range and somehwat cramped interior, it will never win masses of praise, even if it does offer some genuine off-road kudos.

Perhaps because of these shortcomings, it’s a real bargain. Nothing of a similar size with an electric drivetrain comes close. Afterall, the Solterra’s rivals include the Volvo C40 and Kia EV6, and you’d need to nearly double your budget to get either.

To find out more, read the Subaru Solterra.

Subaru Solterra 150kW Limited
Monthly cost: £194.82 (23 payments)
Initial payment: £2,721.35 (12 months' payments plus £299.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Efficient and delivers great fuel economy
  • Quality feel up front
  • Punchy performance

Cons

  • Not all that practical
  • Not as dynamic as it looks

£219 per month over two years

Expert rating:

4.0
The ID.3 is one of the better electric cars you can buy right now, and as such, we rather like this car for its all-round usability. Its exterior design makes a statement without shouting about its green credentials, while its interior feels innovative and distinctive, even if it's rather divisive. The higher quality trims also make this revised model feel more like you’re getting your money’s worth.

That’s good news, because the EV market is heating up with new, affordable rivals from China making their way out west. The Volkswagen’s engaging driving experience, decent finish and alluring badge grant it credence in the space – so, if you’re in the market for an electric family hatchback, you shouldn’t ignore it.

To find out more, read our full Volkswagen ID.3 review

Volkswagen ID.3 Match Pro S 77kWh
Monthly cost: £219.42 (23 payments)
Initial payment: £2,633.04 (12 months' payments plus £294.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Excellent efficiency
  • Relaxed and quiet cruising
  • Entry-level models nicest to drive

Cons

  • Fiddly touch-sensitive controls
  • Interior design won't appeal to everyone

£248 per month over two years

Expert rating:

4.0
There’s an awful lot to like about the Cupra Formentor. It’s one of the least SUV-ish 'sporty' SUVs on sale, which makes it the ideal gateway drug for those stepping out of hot hatchbacks.

It isn’t as desperately impractical as its rakish looks would suggest, either – there’s loads of room in the back for passengers and enough space in the boot to handle most daily duties. However, if you need outright practicality, you’d probably be better served by the Skoda Karoq.

To find out more, read our full Cupra Formentor review

Cupra Formentor TSI 150 V1
Monthly cost: £247.72 (47 payments, incl. VAT)
Initial payment: £2,972.64 (12 months' payments plus £193.00 admin fees)
Mileage allowance: 5,000 miles per year

Pros

  • Great to drive for an SUV
  • Entry-level engine economical
  • Eye-catching looks

Cons

  • Firm ride in Cupra mode
  • Fiddly infotainment system

£229 per month over two years

Expert rating:

4.0
More than just a Golf in Cuban heels, the VW T-Roc has enough attitude to justify a place on your driveway, and it will definitely appeal to small families looking for something practical yet funky. It’s cheaper and more spacious than an Audi Q2.

If you want sprightly performance, we recommend picking the 1.5-litre petrol engine, and this deal does just that coming in desirable R Line trim. At a little more that £220 per month, it's a lot of car for your money.

To find out more, read our full Volkswagen T-Roc review

Volkswagen T-Roc 1.5 TSI EVO R-Line
Monthly cost: £228.85 (23 payments, incl. VAT)
Initial payment: £2,746.20 (12 payments plus £269.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Stand-out styling
  • Low running costs
  • Decent driving experience

Cons

  • Disappointing interior
  • R-Line's firm ride

£284 per month over four years

Expert rating:

4.0
The Audi Q2 is a thoroughly competent compact SUV that’s still well worth considering, especially if you’re looking at monthly finance deals. If image and interior quality are high on your priority list, it’s an exceedingly tempting choice, and one that drives far better than its advancing years would have you believe.

Step into the Q2’s interior and you can easily see why its pricier than many rivals. There are plenty of high quality materials and the infotainment system is easy to use on the move and packed with features – even if it does all look a little old now. Models with big wheels and sports suspension are a bit too firm, while space in the back and boot are nothing to write home about.

To find out more, read the Audi Q2 review.

Audi Q2 30 TFSI Sport
Monthly cost: £284.0 (47 payments)
Initial payment: £3,408.00 (12 months' payments plus zero fees)
Mileage allowance: 5,000 miles per year

Pros

  • Cheapest Audi SUV
  • Frugal performance
  • Impressive engine

Cons

  • Lacks practicality
  • Interior looks old

£287 per month over four years

Expert rating:

4.0
The BMW 1 Series is an excellent car, being well-built and pleasant to drive. In fact, we rate it over its premium competition, too. It's good to drive, and has a logically laid out and high-quality interior. The easy-to-use infotainment system is the icing on the cake, as it does little to distract and infuriate.

You'll particularly appreciate the agile handling and responsive steering. As for engines, yes, the M135i is quite a thing, but our chosen 120i will do everything most buyers will ever ask without ever really breaking sweat, and still deliver plenty of laughs. Highly recommended.

To find out more, read our full BMW 1 Series review

BMW 120i Sport
Monthly cost: £286.61 (47 payments, incl. VAT)
Initial payment: £3,439.32 (12 payments plus £299.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Superb refinement
  • Loads of gadgets
  • Strong performance

Cons

  • Rear seat could be roomier
  • Disappointing digital dashboard

£305.45 per month over two years

Expert rating:

4.0
The Scenic is a new arrival on the scene, and works extremely well as a family car, with a spacious interior for people and luggage. It's also safe: there is plenty of tech looking after the well-being of those onboard, but without those systems becoming infuriating.

We like the car’s efficiency and the battery range of the 87kWh model, which will easily beat 300 miles in real-world driving. That's very welcome for a family car at this price point. We also appreciate the effort Renault has gone to in delivering a car that is largely recyclable – including the battery itself.

To find out more, read our full Renault Scenic E-Tech review

Renault Scenic E-Tech Techno 87kWh Long Range
Monthly cost: £305.45 (23 payments)
Initial payment: £3,665.40 (12 months' payments plus £240.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Easy and enjoyable to drive
  • Superb official electric range
  • Spacious, well-planned interior

Cons

  • Fidgety ride at times
  • Poor rear visibility

These deals are indicative examples of some packages available as of 30 September 2024, 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.


Best PCP deals

Like the idea of running a brand new car for an affordable monthly payment with the option to hand the car back at the end of the contract or buy it outright? You might be interested in Personal Contract Purchase (PCP) finance.

PCP is the most popular type of car finance, which means the best car finance deals in the UK are often PCP based. Beware: the difference between the best and worst PCP deals is enormous. Do your homework, though, and you can bag a great car for far less per month than you might expect.

£349 per month over three years with 0% APR with £2,000 deposit contribution

We named the Enyaq as our Car of The Year in 2022 because of its electric range, value-for-money and practical interior. The fact that it now comes with 0% APR and a £2,000 dealer contribution makes it even more affordable.

For around £350 per month you can get your hands on an iV 50, with an official 242-mile range, which will cover the needs of most families just fine. This smaller-battery car is much cheaper than the long-range version, hence the competitive deal. Just make sure you work out whether you might really miss the extra range of the more expensive car, though.

Read our Skoda Enyaq review

Skoda Enyaq iV 50
Monthly cost: £349 (36 payments)
Deposit: £6,655
Manufacturer's contribution: £2,000
Total amount payable: £36,970
Cash price: £36,970
Mileage allowance: 10,000 miles per year
APR: 0%

Pros

  • Roomy interior
  • Claimed range of up to 336 miles
  • Four-wheel drive available

Cons

  • Expensive options
  • Plain compared with flashier rivals

£159 per month for four years with 0% APR

Expert rating:

4.5
The reigning Parkers Car of The Year, the MG MG4 impressed us with its driving dynamics and solid battery range. What really sealed the deal however was the exceptional value for money, which is now even better thanks to an excellent 0% APR deal.

Coming in at less than £160 a month, it'll dutifully serve as a small family car with no bother. Like the Enyaq above, it features the smallest battery size, but that can be increased to the Long Range for just an extra £20 a month.

Read our MG MG4 review

MG MG4 EV SE 125kW
Monthly cost: £159 (37 payments)
Deposit: £10,079.50
Manufacturer's contribution: £0
Total amount payable: £26,995
Cash price: £26,995
Mileage allowance: 8,000 miles per year
APR: 0%

Pros

  • Better than far more expensive rivals
  • Good ride/handling balance
  • Long range and accurate readouts

Cons

  • Touchscreen-led interior can be fiddly
  • Some cheap plastics inside
  • Space not the best in class

£153 per month for two years with 0% APR

This year’s Parkers awards 2024 saw Renault take home our best new-car finance gong due to its stellar and flexible offers. But what makes the Clio good enough to feature on this list? Well, it's handsome, well-equipped and very well priced. And now facelifted, it's even smarter.

You’re looking at an economical E-Tech Evolution model for this price. It’s packed with kit, such as alloy wheels, Apple CarPlay/Android Auto and cruise control, and it simply oozes kerb appeal. And, yes, to get that 0% APR with a low monthly payment you do need to put down a chunky deposit – but it's not out of order.

To find out more, read our full Renault Clio review

Renault Clio Evolution E-Tech 145hp
Monthly cost: £153 (24 payments)
Deposit: £6,479
Total amount payable: £21,595
Cash price: £21,595
Mileage allowance: 6,000 miles per year
APR: 0%

Pros

  • Stylish design
  • Impressively low running costs
  • Economical

Cons

  • Tight rear passenger space
  • Entry-level model still only has a five-speed 'box

£329 per month for four years with £4,000 deposit contribution

The Ateca combines excellent practicality, keen pricing and a family-friendly interior, and has rightly established itself as one of the Spanish brand’s most popular models.

The Ateca faces some stiff competition, though. What helps it stand apart from the crowd is its sharp steering and agile handling, giving it a sporty feel.

To find out more, read our full SEAT Ateca review

SEAT Ateca FR 1.5 EcoTSI DSG 150hp
Monthly cost: £329 (48 payments)
Deposit: £4,597
Manufacturer's contribution: £4,000
Optional final payment: £11,784
Total amount payable: £35,555
Cash price: £32,430
Mileage allowance: 10,000 miles per year
APR: 4.9%

Pros

  • Spacious and practical interior
  • Reliable VW-based technology
  • One of the better SUVs to drive

Cons

  • Slightly dull cabin design
  • Firm ride on some models

£216 per month for three years with 0% APR

Being an early adopter always comes with caveats and, in the case of the all-electric Ora 03, it's far from perfect. But the issues are mainly centred around the infotainment and tech, which are being fixed. The finance in place is good value, especially with 0% APR, although you're stumping up a hefty deposit.

The biggest problem the 03 has is that, no matter how cute it looks, it's an unknown quantity. But it's cheaper to finance than an MG4 EV, and the warranty looks good, so if you're looking to turn heads while going electric, this could work for you.

Read our full GWM Ora 03 review

GWM Ora 03 Pure+
Monthly cost: £216 (37 payments)
Deposit: £8,683
Manufacturer's contribution: £4,000
Optional final payment: £12,148
Total amount payable: £32,590
Cash price: £32,590
Mileage allowance: 8,000 miles per year
APR: 0%

Pros

  • Well priced and specified
  • Plush interior
  • Spacious for passengers

Cons

  • Tiny boot
  • Poor infotainment

These deals are indicative examples of some packages available as of 30 September 2024, 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.

What type of finance to choose?

PCH personal leasing

Car leasing, also known as Personal Contract Hire (or PCH) is best the option if you want to change cars often. You will not own the car, but that gives you great flexibility.

PCP finance

Personal contract purchase, as typified by Ford Options, is the best option if you plan on keeping the car for longer. You make lower monthly payments than you would on a PCH deal, but you’ll need to make a balloon payment at the end of the deal if you choose to buy the car outright.

If you’re new to finance check out our full guides on PCH leasing and PCP finance.

Frequently Asked Questions

How do I know if I am getting a good deal on a new car?

When it comes to finding the best deals available, there’s lots of help out there. Our aforementioned finance deals page, for example, lists the top offers we’ve seen. This allows you to quickly get an idea of what’s available for your budget.

For many buyers, securing a deal with a low, or even zero, deposit is a crucial part of what makes the best finance deals the best. With higher monthly payments it’s possible to spread the cost of an initial payment over the course of the contract. Check out APR rates on all deals – obviously the lower, the better. This softens the blow and getting keys to a new car for a very low up-front cost. 

But nothing beats shopping around. These days you don’t need to wear out shoe leather anymore, as Parkers has done all of the hard work for you by aggregating lease deals and highlighting them in one place. Check out the car leasing landing page, and get comparing!

How do I get a good finance deal on a new car?

With dealer contributions, varying APR, and some manufacturers throwing in free fuel among other benefits, judging what’s the best value car finance deal for you can be a minefield. A good figure to look for is the ‘total amount payable’ sum included alongside the offer.

This will show you exactly what you’ll end up spending on the car, in the long run. It will include factors such as interest charges, ‘finance facility’ and ‘option to purchase’ fees.

Again, shopping around is the best thing you can do here, if you’re using your local dealership, don’t be afraid to be travel further afield and compare rival dealerships’ deals.

What cars are offering 0% finance deals?

Look at the best new car deals and you’ll see that many feature 0% APR finance. These 0% car finance deals are a tempting proposition because, provided you can put down the deposit required, they provide an easy way to spread the cost of a new car.

Here you will find a list of the 0% APR deals on offer – from Alfa Romeo to Volvo.


Deal watch update log

30th September 2024: Replaced Polestar 4 with the Volkswagen ID.7 as editor’s choice. Checked and updated prices for the Volkswagen Golf, Seat Ibiza, MINI Cooper, BMW 1 Series, Audi Q2, Nissan Qashqai, and Renault Scenic. Removed Toyota CH-R PCH deal and replaced with the Subaru Solterra. Added PCP deal on MG MG4.


Keith Adams is the Editor of Parkers. During his career he has been the editor of Classic Car Weekly, Modern Classics and Honest John Classics, as well as writing for CAR magazine, Practical Classics, Octane, Autocar and The Independent among others. Keith lives in rural Lancashire and enjoys buying and selling cars as well as reading and writing about them.