Best cars for less than £150 per month
Buying a new car can often seem daunting financially, particularly when you catch sight of list prices. However, the majority of people now pay for their cars on finance deals, allowing them to spread the cost of the car over a number of years by paying in more affordable amounts each month, as opposed to a huge sum up front.
Naturally, the monthly payments for many cars are still unaffordable for many buyers but the good news is that there are now plenty of excellent cars on the market available for monthly payments of £150 or considerably less.
The Ford Fiesta has been the UK's best-selling car for several years and is available for less than £140 per month in Zetec trim, while one of our favourite city cars, the Hyundai i10, is available for less money per month than it costs to buy a tank of fuel for a Range Rover.
There are both leasing deals and PCPs (personal contract plans) available, allowing you to choose a package that's most suited to your circumstances. You can read more about car finance here.
Thanks to these deals and competition for sales between manufacturers, motoring is arguably more affordable than ever, with bargain deals giving more people the opportunity to have a car. If your monthly budget doesn’t leave you with much spare cash to pay for a car but you simple have to have one, we’ve compiled a top ten list of the best budget buys currently available.
It's also worth checking our new car deals story, which gets updated on a weekly basis - you may find an offer that puts a particular car within your monthly budget.