The best cars on sale for £300 per month

Dealers often offer big discounts on their new models to push up their sales figures. They tend to bundle these savings into finance deals with very attractive monthly payments. These deals are usually packaged as Personal Contract Hire (PCH) or Personal Contract Purchase (PCP) agreements.

A PCH scheme is a leasing practice where the finance company owns the car, and you hand it back once the lease period is over. Benefits include lower monthly payments and the opportunity to drive a new car every few years.

PCP deals are more popular as they offer buyers more options. They also comprise of a deposit and monthly payments, but have an optional final payment if you intend to keep the car.

The Carwow team set themselves a budget of £300 per month and found the best deals currently available. From practical SUVs to EVs and even a city-friendly convertible, here are five of our favourites.

Keep in mind that every finance deal is tailored to the individual, and payments will vary based on the length of the agreement, the size of the deposit, and annual mileage. Every Carwow offer is for a brand-new, unregistered car and includes 12 months of road tax, number plates, and a full UK manufacturer warranty. The figure you see includes VAT and is the on-the-road price.

All deals correct at the time of writing.

BYD Dolphin – £290/month

Model: 60.4kWh Auto Comfort
Agreement type: Lease
Agreement length: 48 months
Deposit: £2,906

Electric cars are becoming increasingly popular, and manufacturers like BYD are focusing on offering the most value for money possible. The BYD Dolphin all-electric hatchback undercuts alternatives like the MG4 EV, Volkswagen ID3, and Peugeot e-208 by some margin, yet doesn’t compromise on performance, spec levels or range.

The higher-spec Design trim can be had for £290 per month over four years, with a £2,906 deposit. Increasing the deposit amount can lower the monthly payment even further. The maximum mileage is 5,000 miles per year, but can be adjusted to suit your requirements.

See what savings you can get by browsing Carwow’s BYD Dolphin deals.

Suzuki Swift Sport – £295/month

Model: 1.4 Boosterjet 48V Hybrid Sport
Agreement type: Lease
Agreement length: 48 months
Deposit: £2,069

The compact little Suzuki Swift Sport is perfect for tight city streets during the week and flowing back roads on the weekends. It dashes to 62mph in 9.1 seconds, which feels quicker than it is thanks to the eager nature of the 1.4-litre turbocharged engine. It even averages an impressive 50.4mpg, so running costs should be low.

Getting a Suzuki Swift Sport through a four-year lease deal will set you back £295 each month plus an initial payment of £2,069. The maximum mileage per annum is 8,000 miles, after which each mile will be charged at 12p. You can adjust this figure based on your needs, which can make for a significant saving over the lease period.

Build the perfect model at a great price with Carwow’s Suzuki Swift Sport deals.

Nissan Qashqai – £296/month

Model: 1.3 DiG-T MH Acenta Premium, Manual, Petrol
Agreement type: PCP
Agreement length: 48 months
Deposit: £2,800

If you’re after an affordable, family-friendly SUV, the Nissan Qashqai is a great choice. It’s comfortable, well-built, and comes packed with equipment. Best of all, you can have one on your driveway for under £300 per month. No wonder it’s one of the top selling cars in the UK.

Opt for a PCP deal, and you will pay £296 per month for 48 months, with an optional final payment of £12,422 if you want to keep the car. This deal includes a Nissan deposit contribution of £1,250, and if you lower your maximum mileage figure from 8,000 to 6,000 miles per year, you can save £480 over the course of the finance deal.

There are plenty of models to choose from, so check out the latest Nissan Qashqai deals on Carwow.

Skoda Octavia Estate – £283/month

Model: 1.5 TSI SE Technology
Agreement type: Lease
Agreement length: 48 months
Deposit: £2,847

The Skoda Octavia Estate is the ideal car for those wanting a quality vehicle but aren’t badge snobs. The latest Octavia models offer a high-quality interior, and proven VW underpinnings at prices that undercut anything of a similar size. It’s not the most fun to drive, or the most sharply styled, but in terms of value, space, and practicality the Skoda Octavia Estate is a tough act to beat.

The 1.5 TSI models are the most popular, offering good performance, decent economy and plenty of kit. You can lease one for £283 per month over 48 months with a £2,847 deposit. For an even bigger saving, check out the lower trims like the 1.0 TSI Se Technology model. It can be had for £250 per month and an even lower £2,549 initial payment.

Get a great price with Carwow’s Skoda Octavia Estate deals.

Fiat 500C – £287/month

Model: 1.0 Mild Hybrid Top
Agreement type: PCP
Agreement length: 48 months
Deposit: £1,000

Convertibles tend to be pricey toys, generally kept as second cars for sunny weekends. However, with the Fiat 500C, you can have your convertible cake and eat it. It’s not the most spacious car around, but it seats four and is perfect for tight city streets and as an urban runaround.

You can have one on a PCP finance deal for £287 per month with a small £1,000 deposit. Fiat offers a £2,000 deposit contribution, and you can choose to keep the car at the end of the 48 months by paying a £7,380 final payment. If you’d rather pay less every month, then a £6,000 deposit will see your monthly payments drop to a very low £163.

Check out the latest Fiat 500C deals and get a great price through Carwow.

What next?

Not only does Carwow’s car configurator find you great discounts on new cars, but it also finds the most affordable finance packages, too. For more options, visit our deals page or, for more help picking your next car, check out our car chooser.