Best used cars for under £300 per month

The best cars under £300 a month don't come much better than these

Murray Scullion
May 10, 2019

Spending £300 per month on a car works out at around £10 a day, which, if you tend to splash out on lunch, could be less than you spend on fashionable food. By the time you've slurped two organic soy lattes with sugar free hazelnut flavouring, and choked down a smoked salmon, avocado, and egg protein pot, your bank account will already be £10 down before your lunch break is over.

Make your own sandwiches and you could swap fancy coffee and an organic lunch for a Range Rover. It might be a used version of the compact Evoque, but it's still as luxurious and rugged as you'd expect from a a marque whose famous owners include The Queen, Kim Kardashian, and most of the Manchester United squad.

And if that doesn't butter your sourdough bread, how does a BMW i3 sound? Or a rip-snorting hot-hatch, like a Peugeot 308 GTI?

Scroll down and take a read of the best used cars for £300, where we have highlighted ten of the best around.

All used car finance quotes are based on a 48 month PCP agreement with 10% deposit and a representative APR of 7.9%.

Best used cars for under £300 per month

1) Range Rover Evoque

Best car under £300 per month for the fashion-conscious

Our pick Range Rover Evoque TD4 HSE Dynamic
Latest Range Rover Evoque deals from £16,499
Finance from £240 per month

The Range Rover Evoque has often been compared to a designer handbag; as it’s small and stylish, but carries an expensive price tag from new. As these fashionable cars have thousands of configurations, and they sold really well, for £300 there’s a seemingly endless selection on the used market. Typically, 2015 cars with fewer than 30,000 miles are under budget. 2016 cars with more miles are within reach as well.

If you are in the market for a diesel, it's worth looking for a car with the TD4 engine which became available from August 2015. It's known as an Ingenium engine, and it's more efficient than earlier models. It's worth noting that a new Evoque has just gone on sale. This is good news - as it should drag the prices of used models further down.
Range Rover Evoque buying guide 

2) Mercedes E-Class

Best car under £300 per month for executives 

Our pick Mercedes E-Class E220d
Latest Mercedes E-Class deals from £13,499
Finance from £211 per month

Family cars don’t come much more luxurious than this. Mercedes prides itself on providing a premium car that can shut out the noise of the outside world and glide over the worst that British roads can offer.

In the back there’s acres of room (except for in the middle seat) and the saloon has a big boot which boasts 20 litres more space than the BMW 5 Series, and ten litres more than the Audi A6. Should you need an even larger luggage area, E-Class estates can be picked up for under £300 per month, too, although they are slightly older than the saloons of the same price.

Go for a current generation 2017 saloon car in base SE specification. This has plenty of equipment, but nothing fancy like ash wood inside or big alloy wheels on the outside. The diesel engined E250d is the one to pick - the cheaper and more frugal E220d is too slow for most people.
Mercedes E-Class buying guide

3) BMW i3

Best car under £300 per month for emission free motoring

Our pick BMW i3 Range Extender
Latest BMW i3 deals from £16,523
Finance from £275 per month

BMW’s i3 is still so modern and up to date that people struggle to believe that it’s been around since 2013. It can be bought as a pure electric car or with a tiny petrol engine to accompany the electric power. Theoretical range of the pure electric i3 runs to 188 miles, while the range extender officially extends range to 276 miles. But don’t expect to get figures anywhere near this.

£300 per month will just about squeeze you into a 2016 model, which has an improved charging time (around three hours from a fast-home charger) over older models. Aim for a range extender model if you can find one.
BMW i3 buying guide

4) Ford Focus

Best car under £300 per month for families

Our pick Ford Focus 1.0-litre EcoBoost 125 ST Line
Latest Ford Focus deals from £11,987
Finance from £179 per month

New for 2018, the Ford Focus regularly tops lists of the best family hatchbacks money can buy. But monthly payments from new far exceed our £300 per month budget. Buying nearly new sorts that out.

The 1.0-litre petrol engine balances power and economy nicely for most families, while we would recommend ST Line trim. These models get larger alloy wheels and a rear spoiler, that makes it looks a lot less blobby in the side profile.
Ford Focus buying guide

5) Peugeot 308 GTI by Peugeot Sport

Best car under £300 per month for hot-hatch lovers 

Our pick Peugeot 308 GTI by Peugeot Sport

The Peugeot 308 GTI by Peugeot Sport is one of the finest hot-hatchbacks around. Nevermind one you can have for less than £300 per month. For your money you get a 267bhp 1.6-litre engine, massive 380mm front brake discs, and the finishing touch on any hot-hatch: deep bucket seats.

Peugeot’s interior might not be everyone’s cup of tea (nor the optional two-tone paint scheme), but the 308 GTI is a truly cracking car to drive thanks to quality mechanicals under its bodywork.
Peugeot 308 buying guide

6) Citroen Grand C4 Picasso

Best car for £300 per month for 7-seat thrills

Our pick Citroen Grand C4 Picasso Touch Edition BlueHDi 120 S&S
Latest Citroen Grand C4 Picasso deals from £8,888
Finance from £154 per month

Seven-seaters don’t come much more funky than the Grand C4 Picasso. Narrow lights and a curved bonnet do some good for its style, while inside, it’s massive, and comfortable.

Unsurprisingly it’s practical too - in the middle there are three Isofix mounting points, and there are also power sockets and airline style folding tables on top spec models. Brand new C4 Picassos are now called the C4 SpaceTourer, after a nomenclature shake up by the French manufacturer.
Citroen Grand C4 Picasso buying guide

7) Volvo S90 D5

Best car for £300 per month for Scandi-cool

Our pick Volvo S90 D5 R-Design
Latest Volvo S90 deals from £18,490
Finance from £258 per month

While other cars on the list compete with one another for driving excitement or tyre-shredding acceleration, the S90 goes for a more relaxing approach. The minimalist interior is a serene place to spend hours in complete comfort, aided by the soft suspension, which soaks up bumps and potholes with aplomb.

Unsurprisingly for Volvo, it’s also very safe. Euro NCAP awarded it five stars, and it even has an advanced emergency braking system that can detect both humans, and large animals. £300 will just about squeeze you into a 2018 model.
Volvo S90 buying guide


8) VW Touareg

Best car for £300 per month for towing

Our pick VW Touareg R-Line
Latest Volkswagen Touareg deals from £17,800
Finance from £260 per month

Brand-new Touaregs start from around £49,000, and get close to £60,000 for the poshest models. You won’t get one on your drive for less than £410 per month - and that’s with a hefty deposit.

The old model isn’t quite as big, or as nice inside. But. On the second hand market you can pick one up for under the magic £300 per month mark. And it’s a hell of a lot of car for the money. Towing is made easy thanks to large and powerful diesel engines, while the interior is luxurious, if not quite as opulent as a Range Rover.


 9) Seat Alhambra

Best car for £300 per month for seven-seatists

Our pick Seat Alhambra 2.0 TDI 150 Xcellence
Latest Seat Alhambra deals from £13,299
Finance from £207 per month

Fashionable and thirsty SUVs have replaced the humble and humdrum MPV as the de facto weapon of choice for transporting seven people.

And while SUVs look tough, they are pretty pricey. Class leader is Volvo’s venerable XC90. It's great, but even two year old models are rarely found for sub £450 per month. 2018 model Seat Alhambras start at sub £300.

With 658 litres worth of boot space (with the rear seats folded down), electronic sliding doors, and enough cubbyholes to get lost in, the Seat could share Bear Grylls’ famous mantra of improvise, adapt, overcome.
Seat Alhambra buying guide


10) Audi A4

Best car for £300 per month for small premium family cars

Our pick Audi A4 2.0TDI S Line
Latest Audi A4 deals from £11,490
Finance from £164 per month

Audi’s premium family saloon offers class leading comfort, the latest in-car tech, and a subtle yet sharp design.

It’s smaller than the other premium family saloon on this list, the Mercedes E-Class. This means that your £300 stretches further.

With an A4 the budget will stretch to a year-old petrol, or a two year old diesel model. Try and find and S Line car with the standard suspension set up. This ensures a car that looks great on 18-inch wheels, that does without jarringly hard suspension.
Audi A4 buying guide


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