Best cars for less than £250 per month
By buying your next car using a PCP finance deal, you could end up driving something that you wouldn't otherwise be able to afford. These are our top 10 cars for less than £250 per month...
Best cars for less than £250 per month
These days, most new car purchases are made using a finance deal, and the most popular way of financing a car is through a personal contract purchase, or PCP. These deals are easy to find, and because you're only financing part of the car's value, you can drive away something that would otherwise be out of your budget.
Here, we count down the top 10 deals from our Target Price research, which reveals the most you should pay for a new car. You'll see the terms of each deal, including the mileage limit, interest rate and any dealer finance contribution listed next to each car. Each deal is based on a 15% deposit. And as always, you can find out more about each model by reading our full reviews, or by clicking through to the latest deals with What Car? New Car Buying.
10. Mazda 6 2.0 SE-L Lux Nav+
Target Price cost per month: £243 Target Price (on the road): £22,477 The deal: 42 months' PCP finance with 3.9% APR and £3000 finance deposit allowance. Limit of 8000 miles per year
If you're looking for an executive saloon that's a bit left field from the usual German offerings, the stylish Mazda 6 is well worth considering. Its 2.0-litre petrol engine is punchy and economical, while SE-L Lux Nav+ trim comes with every feature you could reasonably want, including heated front seats and a reversing camera.
9. Peugeot 2008 1.2 Puretech Allure
Target Price cost per month: £249 Target Price (on the road): £20,999 The deal: 48 months' PCP finance with 5% APR and £850 finance deposit allowance. Limit of 8000 miles per year
Peugeot's smallest SUV is very practical for growing families, with plenty of rear seat space and a high-quality interior. Its engines are frugal, too, meaning you shouldn't have to spend so much at the pumps. The 1.2-litre petrol engine you get here is the entry-level option, but its performance should be adequate for most families.
8. Volkswagen Golf 1.5 TSI Life
Target Price cost per month: £239 Target Price (on the road): £22,063 The deal: 48 months' PCP finance with 4.9% APR and £1250 finance deposit allowance. Limit of 10,000 miles per year
The latest-generation Golf has already proven itself to be both comfortable and practical, with tidy handling and a smart-looking interior. We've been impressed with the performance of this 1.5-litre petrol engine, too; it provides plenty of performance without sounding like it's being worked too hard.
7. Ford Fiesta ST 1.5 Ecoboost ST-2 [Performance Pack] Nav 5dr
Target Price cost per month: £244 Target Price (on the road): £20,652 The deal: 36 months' PCP finance with 2.9% APR and £1000 finance deposit allowance. Limit of 9000 miles per year
You might think that a hot hatchback like the Fiesta ST would have only niche appeal, but as well as being outrageously good fun to drive, the Fiesta is also fairly practical. The 1.5-litre petrol engine under the bonnet sounds fantastic and revs freely, while excellent front-end grip and engaging handling make this a very entertaining car to drive quickly. Come rain or shine, you'll have a smile on your face.
6. Skoda Karoq 1.5 TSI SE DSG
Target Price cost per month: £215 Target Price (on the road): £21,766 The deal: 48 months' PCP finance with 4.9% APR and £1750 finance deposit allowance. Limit of 10,000 miles per year
Given the success of the larger Kodiaq, it seemed inevitable that Skoda's second SUV effort, the Karoq, would be similarly good. This replacement for the Yeti (and rival to the Nissan Qashqai and Peugeot 3008) is comfortable and practical, and even entry-level SE models come with lots of toys, including dual-zone climate control and an 8.0in infotainment touchscreen. This DSG version also comes with an automatic gearbox.
5. Audi A3 30 TFSI 116 Sport [Tech Pack]
Target Price cost per month: £210 Target Price (on the road): £19,904 The deal: 48 months' PCP finance with 6.6% APR and £4000 finance deposit allowance. Limit of 8000 miles per year
Despite being one of the oldest cars in the family car class, the Audi A3 is still one of the best – after all, it's a former Car of the Year. It's comfortable, spacious, good to drive and well equipped, and this petrol-engined version is nicely peppy. There's a new Audi A3 on the way, though, and you can read all about it in our review.
4. Volkswagen T-Cross 1.0 TSI 115 SE
Target Price cost per month: £216 Target Price (on the road): £18,771 The deal: 48 months' PCP finance with 4.9% APR and £750 finance deposit allowance. Limit of 10,000 miles per year
The T-Cross is one of the best small SUVs you can buy right now. Why? Well, it's spacious inside, comes with an impressive array of safety equipment and has a smooth ride, so no matter whether you're sticking to the city or venturing further afield, you'll arrive unflustered. Add in the fact that the T-Cross is easy to drive and offers competitive running costs, and it's very easy to recommend.
3. Toyota Corolla 1.8 VVT-i Hybrid Icon Tech CVT
Target Price cost per month: £228 Target Price (on the road): £23,660 The deal: 42 months' PCP finance with 0% APR. Limit of 8000 miles per year
The Corolla is our favourite hybrid car – it offers everything buyers wanting a frugal family hatchback could want (including significantly reduced running costs compared with a conventional car) while also having a comfortable ride and coming with lots of standard kit. Icon Tech models are our favourites, and get you sat-nav and parking sensors, among other things.
2. Skoda Scala 1.0 TSI SE L DSG
Target Price cost per month: £236 Target Price (on the road): £19,554 The deal: 48 months' PCP finance with 5.9% APR and £2250 finance deposit allowance. Limit of 10,000 miles per year
Think of the Scala is being a cheaper version of the Volkswagen Golf, and you won't be far wrong. Don't think that cheap can't make you cheerful, though, because the Scala is spacious inside, has a good infotainment system and a comfortable ride. Even better, our recommended SE L cars come with 17in alloy wheels, LED rear lights and climate control. This version comes with an automatic gearbox, too.
1. Ford Puma 1.0 Ecoboost 155 mHEV Titanium
Target Price cost per month: £249 Target Price (on the road): £22,591 The deal: 36 months' PCP finance with 1.2% APR. Limit of 9000 miles per year
The Ford Puma isn't just our favourite small SUV; it's also our Car of the Year for 2020. The Puma won our top accolade for providing everything that small SUV buyers are looking for – space, practicality and comfort – while also being fun to drive and lowering your fuel bills thanks to its clever mild-hybrid technology. Even better, this version is our recommended choice, so if you've got £250 per month to spend there's not a better car out there.
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