Best new cars for under £150 per month

Great value PCP deals let you drive away in a new car for under £5 per day: these are the best cars for under £150

BuyaCar team
Mar 14, 2019

Can brand new cars really be cheaper than used models? The cars below certainly make a strong case for the claim.

At the time of writing, they were all available for £150 a month on PCP (Personal Contract Purchase) agreements with the option to buy outright at the end.

Each deal requires a deposit, while mileage limits apply and you’ll be charged for exceeding these, or for excess damage, when you return the car.

The best new cars for under £150 per month

1. Renault Clio

With an efficient, but hardly lightning-fast, petrol engine and in well-equipped Play trim, this version of the Clio is remarkably good value for money for around £150 per month.

An upgraded stereo, sat-nav and alloy wheels are included as part of the standard specification, and the Clio’s design looks modern, even though it has been on sale for five years, and there is a new one just around the corner.

It’s not up to the very latest standards in comfort and cornering, like the Ford Fiesta and Volkswagen Polo but you’d be pushed to find those for the same price.
Renault Clio buying guide

PCP finance example

Renault Clio Play TCe 75
List price £13,615 (See latest discounts) Mileage limit 6,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£14649£1,2500%£4,511£13,615

2. Dacia Duster

Getting a new car of this size for this price, may seem impossible if you haven’t heard of Dacia. But the Romanian company, owned by Renault, really pushes the boundaries of just what cheap is.

£139 will get you a Dacia Duster Essential with the petrol engine. It’s a 1.6-litre unit with a 115PS output, and a 0-62mph time of 11.9 seconds. It’s not a quick car, by any means, but it’s relatively smooth and quiet and will do a job for buyers who aren’t bothered about getting anywhere in a hurry.
Dacia Duster buying guide

PCP finance example

Dacia Duster Essential SCe
List price £11,695 (See latest discounts) Mileage limit 6,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£13948£1,6246.9%£5,557£13,853

3. Citroen C3 

One of the most relaxing small cars to drive, the Citroen C3 is designed to calm, with armchair-like seats, cushioned suspension to absorb pothole jolts and light steering.

Excellent fuel economy and a touchscreen with Apple CarPlay and Android Auto are both features of the 1.2-litre Feel model, which is extremely cheap for a modern car.

Although space in the rear seats is limited, compared with other small cars such as the Honda Jazz and Volkswagen Polo, the boot is a decent size.
Citroen C3 buying guide

PCP finance example

Citroen C3 Feel 1.2 PureTech 68hp
List price £14,585 (See latest discounts) Mileage limit 6,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£14948£2,9990%£4,703£14,705

4. Vauxhall Corsa

£150 per month can put you behind the wheel of a new Vauxhall Corsa which, in Energy specification. It's loaded with standard equipment, like a heated windscreen, Bluetooth connection, and air conditioning, as well as 16-inch alloy wheels and a touchscreen entertainment system.

It’s still a good all-round car, with a comfortable ride, spacious interior and stability in corners so, for the price, you can overlook the more modern interiors of the rival Ford Fiesta and Volkswagen Polo.
Vauxhall Corsa buying guide

PCP finance example

Vauxhall Corsa 1.4i (90PS) Energy
List price £15,070 (See latest discounts) Mileage limit 8,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£148.9735£3,0004.2%£4,945£16,152.77

5. Volkswagen up!

The little up! may well be the cheapest car Volkswagen makes, but it still feels as well put together as a Polo.

Its miniscule size and light steering make it easy to manoeuvre in built-up cities. Choosing a Move up! model gets you air con, and a split rear seat. Although, your £150 will limit you to the 60PS 1.0-litre engine, which is fine around town, but not-so fine on the motorway.
Volkswagen up! buying guide

PCP finance example

Volkswagen Move up!
List price £10,910 (See latest discounts) Mileage limit 10,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£15035£1,895.300%£3,764.70£10,910

6. Dacia Logan MCV

It may seem unfair to have two different Dacias on this list, but when they’re this affordable, they’re hard to ignore. The Logan MCV is a spacious estate that offers a 573-litre boot, which expands to 1,518 with the seats down. To put that into context, the Skoda Fabia can only muster a 530-litre boot. In fact, Dacia are so keen to shout about the Logan’s load-lugging abilities, that the MCV in its name genuinely stands for Maximum Capacity Vehicle.

£149 per month not only buys you this space, but it can also get you behind the wheel of a diesel engined one, great for those who travel around 1,000 miles a month or more. The diesel engine is better to use than the petrol ones if you regularly haul heavy loads too.
Dacia Logan MCV buying guide

PCP finance example

Dacia Logan MCV Essential Blue dCi 90
List price £11,895 (See latest discounts) Mileage limit 6,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£14948£2,3056.9%£4,045£13,752

7. Hyundai i10

The i10 may not be the best city car around, but it has one ace up its sleeve. A five-year warranty.

It also has one of the biggest boots in class, at 252-litres, plus it’s available in five trims. Engine choice is limited to just a 1.0-litre or 1.2-litre petrol engine.

SE Spec and the 1.0-litre engine are all you can afford at £150 per month, but SE does at least come with air conditioning, DAB radio, and smartphone connection.
Hyundai i10 buying guide

PCP finance example

Hyundai i10 SE 1.0 MPi
List price £9,195 (See latest discounts) Mileage limit 10,000 per annum

Monthly repaymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance
£116.73250£2,3000%£2,300£9,195

     

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