Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.
Are you thinking of buying a Ford Transit Connect? Then consider choosing this second hand one coming in the tone of white that has a 1.8l diesel motor, 127,285 miles on the dashboard and manual transmission.
At this dealer you'll find the fantastic price of only £2,375 on this Jazz with a 1300 cc petrol engine, manual transmission and 99,009 miles on the clock.
This used X-Type 2.5L 2.5 V6 Se Awd finished in the shade of blue is now on the market and ready for its new owner to take home with the option for you to purchase it on credit.
A hatchback car created by the Ford company to give its driver a higher level of reliability and trustworthiness than an average car, it is equipped with a petrol 1.0 LTR motor and manual gearbox. This dealership currently has this second hand model on offer which has 69,000 miles clocked-up on the dashboard and a blue finish.
Fitted with a 1.4 L diesel engine and a manual transmission, this very trustworthy Fiesta 1.4 Tdci Zetec is currently available on the market in blue with 89,000 miles clocked-up on the dashboard. This used motor is advertised at £1,994 with budget-friendly repayment plans on hand starting from only £ per month.
This Touran S Tdi contains a 600 CC diesel motor with manual transmission and has 165,776 miles clocked up on the dashboard. This particular used model from this dealership in Rotherham has been finished in the shade of silver.
Get yourself in the driver's seat of this Nissan that is fitted out with manual transmission and a 1.4 Ltr petrol engine. This second-hand one is up for sale at the superb price of £2,850, has been finished in blue and has 35,889 miles clocked-up on the dash.
On offer and ready for you to take home is this very popular, top 10 best selling 500, it comes fitted with manual transmission and a 1.2 Ltr petrol motor. This second hand model currently available at our dealership in Sheffield comes in yellow and has got 62,872 miles on the clock.
Featuring a 1.6 litre diesel motor with manual transmission - this second hand
mpv is on the market and ready for its next owner to take home with 125,000 mi clocked-up on the dash.
Call this dealership for a closer look at this manual Vauxhall containing a 1.7 litre diesel engine and manual transmission. This second hand model in Coventry comes in grey and has 96,000 mi on the dash.
Up for sale and ready for a test drive is this hatchback finished in pink - this second hand model contains a 1400CC petrol engine with manual transmission and has got 71,000 miles clocked up on the dashboard.
Be the next owner of this very popular, top 10 best selling C Class with automatic transmission and a 1800CC petrol engine. This second hand low mileage one at this dealership has got a mere 77,000 miles clocked up on the dash.
On the market and ready for its next owner to drive home is this Hyundai I30 1.4 Edition Euro 4 finished in the shade of black. It contains a 1400cc petrol engine with manual transmission and it has 96,000 miles clocked up on the dash.
On offer and ready for you to drive away is this A3 Convertible 1.6. This second hand model has clocked up 94,409 mi and comes fitted out with a 1600cc petrol motor.
Beginning at just £ per month, you can acquire this second hand car with a diesel 2.0 litre engine, manual transmission and 138,000 miles on the clock.
Containing a 1.1 ltr petrol engine and manual transmission; this used
Kia is on the market and ready for its new owner to drive away with 58,910 mi on the clock.
At this dealership there's a terrific price on this used Volkswagen that has manual transmission, 100,938 miles on the clock and a 1.6 l diesel engine.
Get yourself in the driver's seat of this highly sought after, top 10 best selling Vauxhall Astra with a 1.4 litre petrol motor and manual transmission.
Ford's KA is in the top 20 of the UK's reliability index and at this dealer you can pick up this used one with 69,857 miles clocked-up on the dash, a 1200 cc petrol motor and manual transmission.
This popular, top ten best-selling Volkswagen Polo 1.2 E 2008 comes in the shade of red and has 72,853 miles on the dash. It's currently advertised at the superb price of only £2,750 or you could opt to purchase with a loan by using the affordable instalments on hand from this car dealership. Your payments could start out at just £ per month.
It may be possible dependant on your circumstances and what car you choose, here are some tips to help you out.
Choosing the Right Car
The first step in securing a finance deal for around £100 per month is selecting the right car. Typically, smaller and more affordable cars such as hatchbacks, compact SUVs, and city cars are more likely to fall within this budget. Consider cars like the Ford Fiesta, Vauxhall Corsa, or Renault Clio. Keep in mind the total cost of ownership, including insurance, tax, and fuel efficiency.
Understanding Finance Options
There are various car finance options available, including Personal Contract Purchase (PCP), Hire Purchase (HP), and leasing. Each option has its pros and cons, so it's essential to understand the differences and choose the one that suits your needs. HP agreements usually have lower interest rates and allow you to own the car at the end of the term. PCP offers lower monthly payments but may have higher interest rates.
Shop Around for the Best Deal
Don't limit yourself to the finance offers available at the dealership. Shop around and compare rates from multiple lenders, including banks, credit unions, and online finance providers. Use online comparison tools to get an overview of the best deals on offer. This will give you a better chance of finding a finance deal that fits your budget.
Save for a Deposit
Having a larger deposit can significantly reduce your monthly payments. By saving for a deposit, you'll reduce the amount you need to finance, which means lower monthly payments and less interest paid over the term of the loan. A substantial deposit can also increase your chances of being approved for finance and may help you secure a lower interest rate.
Consider Your Loan Term
The length of your loan term will impact your monthly payments. A shorter loan term means higher monthly payments but less interest paid over the term. Conversely, a longer loan term results in lower monthly payments but more interest paid. If your goal is to have monthly payments around £100, consider extending your loan term. However, be mindful of the total interest paid.
Conclusion
Getting a car on finance for around £100 per month is an achievable goal with careful planning and consideration. By choosing an affordable car, understanding your finance options, shopping around for the best deal, saving for a deposit, and considering your loan term, you can secure a great car finance deal that suits your budget. Take the time to do your research and find a deal that works for you. Soon, you'll be driving away in a car that fits both your needs and your budget.