We’ve trawled the latest offers for the best monthly PCP deals on the best cars on sale.
Take a look through our list of the best deals for less than £200 per month. Only cars we rate at four stars or above make the grade, so you can guarantee you’ll be getting a decent model for your money. Alternatively, look here for our best new car deals when buying outright.
The deals listed are over three years, with a 10,000-mile annual limit and an initial payment of 15% of the car’s value.
Take a look at the best PCP car deals under £100 per month here
The best new cars for £200 per month or less:
Even with the diminutive 1.0 TFSI engine, the Audi A3 offers flexible and punchy performance.
Join the debate
oaffie
Must admit that PCP's do look
http://www.bmj.com/content/350/bmj.h2757/rr-1
Mr£4worth
Never understood PCP
I wonder what happens to folks who suddenly lose their job?
The only plus I can think of is the fact that many punters get a mysterious phone call with an amazing offer if they sign up for a new deal when the dealership is desperate to make the next bonus level.
I tried out a pre -reg BMW 135i last week - 26K - but can't muster up the courage to take out an £8K loan when the 125 M Sport still runs well.
BMW/Mercedes are now hooked into the numbers game - desperately bring to keep the factories busy - hopefully their corporate clout will keep anti Brit sentiment from cobbling us after we leave the EU!
Can't see them risking a huge dive in exports no matter what the other EU bureaucrats suggest.
Beastie_Boy
Paying £148 (inc VAT and Road Tax) per month...
LP in Brighton
£200 PER MONTH IS MEANINGLESS
Matty_Hall
It's Not Complicated!
2. You can alter the mileage to suit, it will just affect the overall cost, that's all.
If you know your numbers and keep an eye on the market, you can always benefit from PCP versus buying cash. Plus, it really doesn't make sense to have capital tied up in depreciating assets. There is no business case for it.
xxxx
Be prepared for a shock
Also how can Autocar be so flippant about the 15% deposit, PCP never work out cheaper than saving and/or small bank loan.
typos1 - Just can’t respect opinion
Orangewheels
You only get the charges you
Orangewheels.co.uk
xxxx
Not quite
Nope you'll either get charged if you hand the car back, at outrageous rates, or you'll get less money for 'part-ex' so to speak (and you're tried to the same firm in that case). The cheapest way save and get a small loan if you have to
typos1 - Just can’t respect opinion
finecitytom
One thing to correct here.
My bottom line with PCP is the interest rate and or contribution. These can massively sway the value of a deal. A 0% deal means you pay the depreciation not interest on the principle. A big contribution is equivalent to a list price discount. If you have both then the deal might be very good.
Has PCP killed haggling? Has anyone got a good discount off the top of a PCP?
Orangewheels
finecitytom wrote:
If it's on a new car you can't really haggle on the interest rate, or ask the dealer to increase the final payment to make the monthly payment cheaper as they are fixed by the manufacturer.
The dealer should still have their full margin to negotiate with so haggling on list price is still commonplace. Occasionally with brands like Audi, some of the finance deposit contribution that is part of the national offer has to be paid by the dealer out of their profit margin on the car, so there is less to play with.
You can use any discount you negotiate to change the finance in 3 ways - either to reduce the deposit you need, reduce the monthly payment, or in most cases its also possible to keep those the same and reduce the final payment so there is more equity for you in the car when you reach the end of the term.
Orangewheels.co.uk
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