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Cars with cheap finance: 2016’s best deals

Buying a car is an expensive process. For most people, it’s pretty likely that the only larger purchase they will make in their lives is for a house.

Of course, stumping up the full asking price for a car up front is too much to ask from most of us. While you can go to your bank to borrow some money, nearly every car manufacturer provides finance for its customers too.

Some offer very competitive rates all year round, while others will pop up with a very tempting package every once in a while. We’ve taken a look at some of the best offers available today.

Small cars with cheap finance

Fiat Panda – £119 per month

We’re big fans of the Fiat Panda here at carwow. Its unpretentious, simple feel is combined with cutesy looks and fun, nippy handling. That boxy shape means that it’s roomy by supermini standards, too.

Go for the Pop model and you’ll be paying £119 per month over a period of four years, with a minimal interest rate of 2.00%. Best of all, the deposit is only £119 too, so there’s no need to save up beforehand!

Dacia Sandero – £89 per month

The Dacia Sandero is the cheapest new car on sale today in its entry-level Access trim. Step up to the Ambience trim level and it gains electric front windows, remote central locking and Bluetooth/USB/AUX connectivity for the CD player.

Coupled with the 1.2-litre petrol engine, you can expect to pay £89 per month over a four-year period. A deposit of £748 is fairly low compared to many alternatives, plus Dacia include a five-year warranty for peace of mind.

Skoda Citigo – £75 per month

The city-car class is currently led by a trio of near-identical cars. The Volkswagen Up, SEAT Mii and Skoda Citigo are only differ from each other through minor cosmetic touches, and all three are praised by critics for their fun factor, practicality and low running costs.

The cheapest of the three is the Skoda, and given that they’re all so similar is therefore the one we’d go for. Skoda’s finance offer is tempting too: once a £2,276 deposit has been placed, buyers only need to pay £75 per month for 42 months to get their hands on a 1.0-litre SE model. The only (minor) catch is that offer is based on the assumption you don’t travel more than 35,000 miles in that time – but that’s unlikely for this type of car anyway.

Kia Picanto – £69 per month

The Citigo might be tempting, but it’s Kia that offers one of the lowest monthly payments on the market. The Picanto in SR7 trim is generously equipped: Bluetooth connectivity, air con, a leather steering wheel, rear parking sensors and alloy wheels are all standard.

Despite the exhaustive list of toys, Kia asks for a measly £69 per month for only 25 months to get your hands on one, which includes a £700 discount to sweeten the deal. As a result, the deposit is a little higher – you’ll need to fork out £3,460 up front – but the running costs will be tiny from then on, plus the seven year / 100,000 mile warranty is one of the best in the business.

Large cars with cheap finance

Those city cars and superminis are all well and good, but what if you need a lot more space? We’ve picked our favourite deals on both a popular mini MPV and family hatchback.

Vauxhall Zafira Tourer – £279 per month

If you need a seven-seater, then you’re in luck: Vauxhall currently has a zero per cent finance deal available for the Zafira Tourer. Once you’ve saved up the £4,305 required for the deposit, the finance deal will run for five years at a cost of £279 per month.

Those payments will land you the Exclusiv model, painted black and fitted with a 1.8-litre petrol engine. Standard kit includes air conditioning, 17-inch alloy wheels and iPod connectivity, among others.

Similar finance offers are available on almost every new Vauxhall, with 0% deals available for the Corsa, Mokka and Cascada, among others.

SEAT Leon – £195 per month

The Spanish brand already offers very generous discounts through our deal checker. Some of those can be sweetened even further, because like Vauxhall, SEAT is offering 0% finance on selected models.

For those looking for a sporty family hatchback, the Leon FR is well worth a look. Fitted with a 150hp 1.4-litre turbo petrol engine, it’s available from SEAT for £195 per month. Equipment levels are very high, too: the Technology Pack is thrown in for free, so satellite navigation, full-LED headlights and DAB digital radio are all standard. For this deal you’ll need to pay a deposit of £5,561, and the monthly payments are due over a period of three years.

Want to find out more?

The figures above are all representative, based on a typical model in each manufacturer’s range. If you’d like to spec you car a little more to your own taste, head over to our deal checker and find the perfect car for you. If you need a bit more inspiration then check out our car chooser or list of cars with 0% finance.

Skoda Citigo

Excellent value for a practical, charming city car
£10,135 - £11,850
Read review Compare offers


A sporty-yet-practical family car
£18,960 - £26,025
Read review Compare offers
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