Finance is an affordable way to get hold of a new car, and with three quarters of new cars bought on these schemes it seems buyers are waking up to the potential of owning a new model. With increasing competition, manufacturers will drop their prices to low monthly amounts to entice new customers.
There are a lot of excellent deals out these, and some cars can even be put on your driveway for less than £100 a month. At this low price, it can be tempting to go for a brand new car over a used one - and with cars like the practical Dacia Sandero costing just a bit more than a satellite television subscription, many will be able to afford them.
Finding the best deals and the lowest prices can be a hassle, so we've been through the top cars available now to pick out a list of the best cars that you can have for less than £100 a month, and you can read about each car by clicking on the links to the left.
Some of our favourite city cars make it on to the list, including the Skoda Citigo, Hyundai i10 and VW up!. There's one car that stands out for those looking for practicality, though: the Dacia Sandero might be cheap, but it has a lot more space than the city cars that make up the rest of this list.
We've gone through the whole market - from £100 or less up to £500 - and the rest of the deals can be found in this series of articles. So whatever it is you’re looking for, you’re bound to find the right model in our list.
All the deals are Personal Contract Purchase (PCP) schemes – so you’ll pay a deposit (unless otherwise stated) and a number of monthly payments. When the contract comes to an end you’ll have the option of paying a final lump sum to take ownership of the car, using the car’s remaining value to trade-in for a new model, or you can hand back the car keys and part ways.
You’ll find our list of top cars for £100 or less to the left. Or you can follow the links below to find the best deals in other price brackets:
For an alternative view on the best cheap cars, check out our sister site Carbuyer.