Best cars for less than £150 per month

Last updated: Aug 11, 2014

If you’re looking for a new car but your budget is the length of a shoestring, you may think your choice is limited. However, the market is now awash with bargain motors – many of which can be had for less than £150 per month.

Britain's bestselling car, the Ford Fiesta will cost you only £134 per month for a desirable Zetec model, while the quirky Nissan Juke can cost less than filling the tank of a Range Rover every month.

Bargain motoring is now more accessible than ever, so if you’re strapped for cash but need something to get you from A to B, here are our recommendations for the best budget buys on the market right now.

Hyundai i10 hatchback

The new Hyundai i10 won Carbuyer Car of the Year in 2014, simultaneously taking Best City Car in the process, and now you can get behind the wheel of the i10 for just £99. The 1.0-litre BlueDrive model returns 65.7mpg and CO2 emissions of 98g/km, making the car cheap to run and free from paying road tax. The interior is spacious and the boot's one of the biggest in its class. The car is surprisingly good to drive and also quieter on the motorway than rivals such as the Citroen C1. A five-year warranty rounds off an excellent package. Read more.

Key points

5 / 5
Price 
£8,595 - £11,465

Skoda Citigo hatchback

If you want to cut your motoring bills, you could do worse than selecting a Skoda Citigo for your daily drive. Available from as little as £76 per month, the small Skoda represents incredible value. For rock-bottom running costs and decent levels of equipment we recommend the 1.0 GreenTech Elegance, which emits a tax-busting 96g/km of CO2. Read more.

Key points

4.9 / 5
Price 
£8,210 - £11,045

Ford Fiesta hatchback

The Ford Fiesta is CarBuyer's Supermini of the Year and continues to sell in droves. It's stylish, great to drive and costs little to run – and all apart from the flagship cars are available on a small budget. We recommend the perky 1.25-litre Zetec, which costs from just £134/month. Read more.

Key points

4.7 / 5
Price 
£9,995 - £17,995

Kia Cee'd hatchback

If you’re willing to sacrifice a degree of performance for a gain in practicality, then the Kia Cee’d is a sound choice. It's a solid, well-built and comfortable family hatchback, with enough space to rival the Ford Focus. Both the 1.4 petrol and 1.4 CRDi diesel are both available for less than £150 per month in entry-level 1 versions. Read more.

Key points

4.6 / 5
Price 
£14,605 - £24,005

Peugeot 208 hatchback

Being awarded the Auto Express Supermini of the Year is no mean feat, and the fact you can lease a new Peugeot 208 for only £114 per month makes the small hatchback even more appealing. The base-spec car comes surprisingly well equipped, too, with electric windows, cruise control and six airbags, all as standard. Read more.

Key points

3.8 / 5
Price 
£10,195 - £18,745

Fiat Panda hatchback

Style-concious punters often shun the capable Fiat Panda in favour of its more desirable sibling – the 500. But that’s not to say the Panda can’t hold its own if you need a good value, easy to drive supermini. Pick of the range is the two-cylinder TwinAir, but for £122 per month you can still snap up an economical 1.2-litre Pop. Read more.

Key points

4.2 / 5
Price 
£9,095 - £13,795

SEAT Ibiza hatchback

Even the Seat Ibiza with a 1.6-litre diesel engine is available from £149 per month, but our pick would be the 1.2-litre TDI diesel Ecomotive, which manages to return 80.7mpg and emits a tax-free 92g/km in emissions. The Seta Ibiza is a great car for buyers of all ages as it's fun to drive but definitely still a practical hatchback. Read more.

Key points

4 / 5
Price 
£11,410 - £17,635

Suzuki Swift hatchback

There are plenty of superminis within the £150 per month budget, but one still stands out as a relative rarity – the Suzuki Swift. This capable hatchback, available from £130, is fun to drive and looks great. The 1.2-litre engine can feel underpowered, but around town the light steering makes parking a doddle. Read more.

Key points

3.8 / 5
Price 
£10,799 - £16,439

Citroën DS3 hatchback

The DS3 has been a huge success for Citroen. The invention of the premium DS sub-brand gave a viable alternative to the established MINI and stylish Fiat 500 at a competitive price. The stylish looks, quality interior and set of economical engines make the DS3 an appealing choice. A 1.6 e-HDi DSport is available from £143 per month. Read more.

Key points

3.4 / 5
Price 
£12,865 - £23,220

Honda Jazz hatchback

If you're looking for a small car with a superb reputation for reliability, then the Honda Jazz represents a great value package. Its compact dimension hide a enormous interior - its boot is as big as many cars from the class above - and there's a range of engines. But our £150-a-month budget can only stretch to an entry-level S model with air-con with the cheapest 1.2-litre petrol engine. Read more.

Key points

3.2 / 5
Price 
£11,695 - £20,245

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