The best new car deals for less than £125 per month

City cars, small hatchbacks and even SUVs – they're all available for less than £125 per month. Here, we round up our favourites...

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Darren Moss
11 Oct 2018 13:10 | Last updated: 11 Oct 2018 08:19

These days, the vast majority of new car purchases are done on PCP finance deals. That's great news for car buyers because, by using a PCP deal, you could end up driving something that was initially out of your budget as you're only financing part of the car's value.

You might think that for £120 per month, your choice of car would be extremely limited. But our list contains small hatchbacks, city cars and even an SUV.

Here, we count down the top 10 deals from our Target Price research, which reveals the most you should pay for a new car. Each deal is based on 15% of the value of the car, combined with the manufacturer's finance discount allowance. All deals are for three years, with a 30,000-mileage limit.

If you find one you like, simply click on the relevant link to find out more.

The best new car deals for less than £125 per month

Skoda Citigo 1.0 MPI SE 5dr

Skoda Citigo

Target Price cost per month £125 Target Price (on the road) £8544 The deal Three years at 6.7% APR and £1500 finance deposit allowance

The Citigo may be based on the same underpinnings as the Seat Mii and Volkswagen Up, but it's cheaper than either of those cars to buy. Factor in its surprisingly roomy interior and enjoyable drive, and it's one of the best city cars you can buy. SE trim gets you air conditioning, electric front windows and remote central locking.

Read our full Skoda Citigo review >

Find a great Skoda Citigo deal >


Ssangyong Tivoli 1.6 SE

Ssangyong Tivoli

Target Price cost per month £124 Target Price (on the road) £13,240 The deal Three years at 0% APR 

The Tivoli is a budget small SUV, but one that's surprisingly roomy inside. It's also well priced, and SE models offer great value, giving you Bluetooth connectivity, cruise control and air conditioning as standard. The 1.6-litre petrol engine should be fine if you'll mainly be driving around town, but it's slower than the turbocharged options you'll find in rivals such as the Nissan Juke.

Read our full Ssangyong Tivoli review >

Find a great Ssangyong Tivoli deal >


Kia Picanto 1.0 1 5dr

Used Kia Picanto Hatchback (17-present)

Target Price cost per month £123 Target Price (on the road) £8864 The deal Three years at 4.9% APR and £500 finance deposit allowance 

The previous Kia Picanto was an also-ran in the city car class, but the latest version is our reigning City Car of the Year. It offers excellent space for this class, is good to drive and even entry-level 1 models get the basics, including split-folding rear seats and electric front windows. This 1.0-litre petrol engine offers low CO2 emissions too.

Read our full Kia Picanto review >

Find a great Kia Picanto deal >

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