New car deals - Less than 150 per month

Author Avatar
Emma Butcher
16 October 2013

Our deals team has been hunting around for the best value monthly offers on cars of all shapes and sizes. The sub-£150 category features bargains from Hyundai, Skoda and Toyota with most deals on a Personal Contract Purchase (PCP) basis. See below for more details.

Hyundai i10 1.2 Active 5dr - _£117 per month
_
List price £9045
Target Price £7795
Finance target price £7795

Deal 3 1⁄2 years’ 5.9% APR PCP with £250 deposit contribution
Total payable £8413

Thanks to a reasonable interest rate on Hyundai’s PCP plan, a 42-month repayment schedule and a deposit contribution of £250, you’ll pay less than the typical contract hire rate of £133 per month for the nippy i10 in mid-range Active trim. This i10 comes with electric rear windows, alloys and remote locking – and you can keep the car at the end of the agreement.

Toyota Aygo 1.0 VVT-i Active Plus 3dr - _£120 per month
_
List price £9190
Target Price £8717
Finance target price £8875

Deal 3 years’ 0% APR PCP with 1 year’s free insurance
Total payable £8504

Buy our favourite Toyota Aygo model on PCP, and you’ll not only be able to keep your hands on the interest but you’ll also get your insurance paid for a whole year. It’s a stupendous deal that means you’ll pay less over the course of the loan than if you bought at the Target Price. A juicy True MPG of 57.0mpg also means your savings will continue on the road.

Skoda Citigo 1.0 60 Greentech SE 5dr - _£127 per month
_
List price £9490
Target Price £9111
Finance target price £9289

Deal 3 years’ 0% APR PCP with 3 years’ free servicing
Total payable £8944

Skoda’s smallest set of wheels is one of the cheapest city cars on the market, and with the manufacturer’s current 0% interest finance offer, it looks even more affordable. Buy the Citigo on a PCP contract, and you’ll get three years’ free servicing thrown in. It’s a cracking deal that’ll cost you less than buying with cash, so keep yours in the bank earning interest.

Chevrolet Spark 1.2 LT 5dr - _£131 per month
_
List price £9815
Target Price £9285
Finance target price £9815

Deal 5 years’ 0% APR HP
Total payable £9815

Buy this spacious supermini now and thanks to Chevrolet’s generous hire purchase finance offer, you’ll be able to spread the payments over five years – and pay no interest to boot. Even better, the manufacturer’s warranty lasts as long as the finance agreement, and at the end you’ll own the car – all for £21 less every month than you’d pay for a typical lease.

Kia Picanto 1.0 1 Air 3dr - £133 per month

List price £8645
Target Price £8315
Finance target price £8315

Deal 3 years’ 4.9% APR PCP
Total payable £9067

You’d struggle to find a high street lender to match Kia’s current 4.9% interest PCP finance offer on our favourite Picanto, making this grown up city car even better value for money than buying with personal loan. Better yet, you won’t pay a penny in road tax, and with this car’s True MPG of 41.2, fuel costs should be affordable.

Honda Jazz 1.2 i-VTEC S - £134 per month

List price £11,695
Target Price £10,495
Finance target price £10,495

Deal 3 years’ 0% APR PCP
Total payable £10,495

This model is the cheapest way into a Honda Jazz, and it makes an even cheaper buy with Honda’s enticing 0% interest PCP deal. For £134 a month you’ll get a good-looking and spacious supermini, with decent residuals to boot. It’s a deal that looks even better when you compare it to the typical lease rate of £181 per month.

All the monthly payments quoted above are estimates and may not exactly match a manufacturer's own calculations. Finance terms and deals quoted were correct at the time of writing.