The best new cars for under £400 per month

Range Rover Evoque Coupe front tracking
Credits: Pete Gibson
11 Feb, 2014 10:15am

With a budget of up to £400 a month there's a huge choice of premium saloons, SUVs and even electric cars

Finding a car to buy on finance for less than £400 isn't too difficult, with loads of cheap leasing deals available now. With a budget that stretches near to the £400 mark, however, you can get hold of some very desirable cars from top premium manufacturers.

For those wanting to save a lot of money on their commute there's the excellent new BMW i3 electric car, and for those who want to cruise effortlessly on the motorway there's the three big German models: the Mercedes E-Class, BMW 5 Series and Audi A5 (plus, the A6 can also be had for under £400 a month if you shop around).

There's a huge raft of premium 4x4s and SUVs available here too, from the Range Rover Evoque to the Hyundai Santa Fe. Just click on the links to the left to read about each model.

All the deals are Personal Contract Purchase (PCP) schemes (excluding the BMW i3) – 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 £400 or less to the left. Or you can follow the links below to find the best deals in other price brackets:

• Under £100 per month
• Under £150 per month
• Under £200 per month
• Under £250 per month
• Under £300 per month
• Under £350 per month
• Under £400 per month
• Under £600 per month