Best PCP deals for under £150 a month in 2020

Even if you don’t have a massive deposit you can still get yourself a tidy new motor for a modest monthly payment on a PCP deal. Here are ten of the best we’ve found for under £150 a month.

* Updated January 2020. Please note that deals and prices may change over time

1

Hyundai i10 1.0 Play

The i10 may often be overlooked but we think that's a real shame as this is a genuinely brilliant small car. This deal with Evans Halshaw is £149 a month and requires just £149 as a deposit. Just be aware that the annual mileage limit is fairly low at 6000 miles.

 What you pay...  
 Monthly payment: £148.87  Annual mileage: 6000
 Customer deposit: £149  Excess mileage fee: 7.5p per mile
 Duration: 49 months  APR: 4.9%

>> Where we found this deal

2

Citroen C1 1.0 VTi Feel

It's been around for a while but the C1 remains a popular small car, especially with those who have just passed their test. Easy and enjoyable to drive, it's cheap to insure and costs little to run, making it ideal for a first car. This deal at Stonacre only needs a £149 deposit.

 What you pay...  
 Monthly payment: £149  Annual mileage: 6000
 Customer deposit: £149  Excess mileage fee: 2.5p per mile
 Duration: 48 months  APR: 3.4%

>> Where we found this deal

3

Renault Captur 0.9 TCe Play

The Captur is being replaced this year but that means you can get a good deal on the outgoing model. It does require an £1800 deposit but this brings your monthly payments down to £135 plus there's 0% APR on this deal with Stoneacre.

 What you pay...  
 Monthly payment: £135.82  Annual mileage: 6000
 Customer deposit: £1800  Excess mileage fee: 8.0 per mile
 Duration: 49 months  APR: 0%

>> Where we found this deal

4

Skoda Fabia 1.0 MPI Colour Edition

Sturdy and classy without needing to shout about it, Skoda’s little Fabia is a gem that should give years of stress-free motoring. The MPI engine isn't the quickest but it's fine around town and this Colour Edition model looks the part. This deal also comes with 0% APR.

 What you pay...  
 Monthly payment: £149  Annual mileage: 5000
 Customer deposit: £499  Excess mileage fee: 3.6p per mile
 Duration: 49 months  APR: 0%

>> Where we found this deal

5

Dacia Sandero TCe 90 Essential

Our £150 a month budget won't quite stretch to a new Duster but you can get the Sandero for this money. This model comes with the better 0.9 TCe turbocharged engine and is well equipped although the 6.9% APR is high.

 What you pay...  
 Monthly payment: £134  Annual mileage: 8000
 Customer deposit: £134  Excess mileage fee: 8p per mile
 Duration: 49 months  APR: 6.9%

>> Where we found this deal

6

MG3 1.5 VTi Excite

The recently revised MG3 is a far better car than the original and with low prices and high equipment levels, it's good value for money and ideal if you're after something a little different. This deal also has 0% APR, just be aware of the high excess mileage fee.

 What you pay...  
 Monthly payment: £149  Annual mileage: 8000
 Customer deposit: £1276.50  Excess mileage fee: 15p per mile
 Duration: 48 months  APR: 0%

>> Where we found this deal

7

Kia Picanto 1.0 '1'

The Picanto is a car we find ourselves recommending repeatedly to those looking for an easy to drive and comfortable car that will prove reliable. It's not as cheap as others when it comes to PCP deals though and even this basic 1 model requires a deposit of £1500 to keep it below £150 a month.

 What you pay...  
 Monthly payment: £147.99  Annual mileage: 6000
 Customer deposit: £1500  Excess mileage fee: 9p per mile
 Duration: 37 months  APR: 5.9%

>> Where we found this deal

8

Toyota Aygo 1.0 VVT-i X-Play 

Brilliantly compact and built with cost and weight in mind without leaving you feeling short-changed, the Aygo has plenty of big-car features but weighs in with small-car bills. This deal from broker4cars includes a 10,000 mile a year mileage limit.

 What you pay...  
 Monthly payment: £140.99  Annual mileage: 10,000
 Customer deposit: £954.92  Excess mileage fee: TBC
 Duration: 48 months  APR: 6.5%

>> Where we found this deal

9

Fiat 500 1.2 Pop

The much-loved and desirable Fiat 500 continues to prove popular. Versions at this price come with the 1.2 petrol engine which is less attractive but cheaper than the 1.0-litre TwinAir models. This finance deal from Stoneacre has a low deposit although you will need to watch the 5000 annual mileage limit.

 What you pay...  
 Monthly payment: £139.99  Annual mileage: 5000
 Customer deposit: £139.99  Excess mileage fee: 6p per mile
 Duration: 49 months  APR:6.6%

>> Where we found this deal

10

Suzuki Swift 1.2 Dualjet Attitude

Another of our favourite small hatches, the Swift retains a sharp sense of style and fun driving experience, but the latest generation is more refined and efficient than before. This deal direct from Suzuki gets you the higher spec Attitude model - complete with sporty bodykit - for less than £150 a month.

 What you pay...  
 Monthly payment: £149.95  Annual mileage: 8000
 Customer deposit: £1750  Excess mileage fee: 4p per mile
 Duration: 49 months  APR: 6.9%

>> Where we found this deal