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Compare the best new car deals | Parkers Deal Watch (w/c 28 Oct 2024)

  • Find the best car to suit your budget
  • Pick up some hints on the biggest car discounts
  • Get the full low down on PCH deals, cheap finance and PCPs

Written by Ryan Gilmore Updated: 1 November 2024

Welcome to Parkers Deal Watch. On this page, you’ll find a selection of the best new car deals to sink your teeth into. This page covers both personal car leasing and PCP agreements, so there should be something here for everyone.

Before diving in, it’s important to remember that, while financing offers you the chance to drive a more upmarket or higher-spec car than you might expect, you need to walk into the agreement with your eyes open. Know the terms, and understand what those monthly payments mean for you.

Once you have your budget and are confident you can meet the payments, you’ll be amazed at the choice available.

Shop around, check what’s out there and remember to play with the finance calculator to see if you can afford a better car or drive down your monthly payments.

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Deal watch - how to get the best new car on monthly finance
Looking for the best deals? Here’s our latest selection of limited offers.

Table of contents

Best car lease deals

Personal Car Hire (PCH) personal leasing is the simplest way of getting behind the wheel of a brand-new car. You make an initial payment (like a deposit on a rental property), pay your monthly fees, then that’s it. You hand the car back at the end of the contract. If you like to change your car every two to three years, then leasing can be a wise choice.

However, PCH means you’ll never have the opportunity to own the car you’ve been driving outright. You’re merely leasing it, rather than making payments on it. You’ll also never be able to build up an equity, which can help contribute towards the cost of your next car finance deal.

This week’s featured deals

£285 per month over two years

Expert rating:

4.5
The flagship of Volkswagen’s electric range, the ID.7 stands out as an excellent long-distance driver. Now available as an estate, badged as the Tourer and with a 400-mile driving range and a comfortable ride, it’ll soak up long journeys easily. It’s also more spacious than its key rivals, the Tesla Model Y and BYD Seal, with a huge boot and massive interior.

We’d advise you to skip the GTX, as the extra motor only offers marginal performance gains and chops a fair bit off that epic battery range. Instead, for go for the Pro S model with its larger 86kWh battery. It’s a usable and versatile electric car and one that’s keenly priced too.  

To find out more, read our full Volkswagen ID.7 Tourer review.

Volkswagen ID.7 Match Pro S Tourer
Monthly cost: £275.60 (24 payments, incl. VAT)
Initial payment: £3,307.20 (12 months' payment plus plus £270.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Huge official range
  • Nicely judged interior
  • Comfort and refinement

Cons

  • Infotainment still a bit fiddly
  • Heat pump is optional

£257 per month over two years

Expert rating:

4.5
The Scenic is our 2025 Car of The Year, and works extremely well as a family car, with a spacious interior for people and luggage. It's also safe: there is plenty of tech looking after the well-being of those onboard, but without those systems becoming infuriating.

We like the car’s efficiency and the battery range of the 87kWh model, which will easily beat 300 miles in real-world driving. That's very welcome for a family car at this price point. We also appreciate the effort Renault has gone to in delivering a car that is largely recyclable – including the battery itself.

To find out more, read our full Renault Scenic E-Tech review

Renault Scenic E-Tech Techno 87kWh Long Range
Monthly cost: £257.02 (23 payments)
Initial payment: £3,084.24 (12 months' payments plus £924.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Easy and enjoyable to drive
  • Superb official electric range
  • Spacious, well-planned interior

Cons

  • Fidgety ride at times
  • Poor rear visibility

£182 per month over two years

Expert rating:

4.0
We love the new MINI Cooper. This little gem is a breath of fresh air in what was a stagnating supermini class. We think it's one of the most entertaining cars in its segment to drive, it's been wonderfully assembled and its circular infotainment system is as much a joy to use as it is a novelty.

We're not going to sugarcoat it, though. This isn't a big car, so if you need enough space to carry three passengers and their luggage, you'd be better off shopping for something else. But as a tool for making you feel good, few modern cars come as close.

To find out more, read our full MINI Cooper review

MINI Cooper C 1.5 Classic
Monthly cost: £182.18 (23 payments)
Initial payment: £2,186.16 (12 months' payments plus £240 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Great fun to drive
  • Excellent infotainment
  • Brilliant build quality

Cons

  • No manual option
  • Cramped rear seats

£269 per month for three years

Expert rating:

4.0
This Kia Niro EV is a sensible, small electric SUV, making it a tempting pick for families, especially at this price point. The claimed 285-mile range is accurate and ideal for family duties. While it's not the most inspiring car to drive, it is effortless and refined at motorway speeds.

The interior is also a big step up from the old Niro. For your money, you get a sharp infotainment system and a roomy, polished layout. The onboard storage bins are awkward, but it's still a very practical family runabout.

To find out more, read our full Kia Niro EV review

Kia Niro EV 65kWh
Monthly cost: £269.16 (35 payments)
Initial payment: £2,422.44 (12 months' payments plus £240 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Good value for money
  • Generous standard equipment
  • 285-mile electric driving range

Cons

  • Choppy, uncomfortable ride
  • Not that engaging to drive

£99 per month over four years

Expert rating:

4.0
We thought the sub-£100 leasing deal had gone the way of the dodo in 2024, but here's Hyundai proving bargains are alive and well. It's an added bonus that the i10 is a stellar city car, arguably the best in its class.

The interior is far bigger than it has any right to be, especially with such compact exterior dimensions. It doesn't scrimp on boot space either, it's a packaging masterclass. Then there's the slew of sophisticated safety features that add to the i10's appeal. It's the cheapest way into a new car, but you will have to hold on to it for four years.

To find out more, read our full Hyundai i10 review

Hyundai i10 1.0 Advance 5dr
Monthly cost: £98.64 (47 payments)
Initial payment: £1,183.68 (12 months' payments plus £270 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Exceptional interior space
  • Classy, easy-to-use dashboard
  • Lots of safety equipment

Cons

  • Optional automatic gearbox is atrocious
  • Higher trim levels are pricey

£201 per month over two years

Expert rating:

4.0
If you’re in the market for a medium-sized SUV, the newly-facelifted Qashqai should be at, or very near, the top of your shopping list. It’s one of the most technically advanced SUVs available, is excellent to drive, and as this week's deal is for the frugal mild hybrid too.

It’s practical, with some very clever interior touches, as you’d expect for a product that’s now entered its third generation. While the quality and interior are also up there with the very best in class.

To find out more, read our full Nissan Qashqai review

Nissan Qashqai 1.3 DiG-T MH Acenta Premium
Monthly cost: £201.13 (23 payments, incl. VAT)
Initial payment: £2,413.56 (12 months' payment plus £294 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Tech packed, quality interior
  • User-friendly kit that works well
  • Seriously refined

Cons

  • Engine can feel underpowered
  • No high-performance variant

£294.92 per month over four years

Expert rating:

4.0
An exercise in making electric vehicles stylish, the decidedly jellybean-shaped Hyundai Ioniq 6 may look divisive, but there's no doubting its credentials as a premium EV. This all-electric saloon boasts clever charging tech and a large battery pack promising over 300 miles on a single charge.

The interior offers acres of space and legroom, even if rear passenger headroom suffers from the roof swoop. It's one of the most interesting takes on EV saloons, and backed up by cutting-edge tech and streamlined looks.

To find out more, read our full Hyundai Ioniq 6 review

Hyundai Ioniq 6 Saloon 168kW Premium
Monthly cost: £294.92 (23 payments)
Initial payment: £3,539.04 (12 months' payments plus £178.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Efficient and delivers great fuel economy
  • Quality feel up front
  • Punchy performance

Cons

  • Poorer rear headroom
  • Divisive styling

£391 per month over two years

Expert rating:

3.5
It’s a triumph of style over substance. There are EVs that offer more space and better ranges. But the Volkswagen ID. Buzz is one of the funkiest-looking cars on sale today and is much nicer to drive than the van-like build would have you believe.

It offers a huge boot, comfortable seating for five, and an exceedingly refined drive. If you need extra space, you can even pick up a bigger seven-seat example. As the halo product of Volkswagen’s ambitious EV lineup, it also features an eye-watering price tag, making these leasing deals more tempting.   

To find out more, read our full Volkswagen I.D Buzz review

Volkswagen ID. Buzz 150kw Style Pro
Monthly cost: £390.70 (23 payments)
Initial payment: £4,688.49.40 (12 months' payments plus £270.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Doesn’t feel like a van to drive
  • Desirable looks, attractive cabin
  • Reasonable electric range

Cons

  • Poor touch-led interior controls
  • Sporty GTX feels rather pointless

£271 per month over four years

Expert rating:

4.0
There’s an awful lot to like about the Cupra Formentor. It’s one of the least SUV-ish 'sporty' SUVs on sale, which makes it the ideal gateway drug for those stepping out of hot hatchbacks.

It isn’t as desperately impractical as its rakish looks would suggest, either – there’s loads of room in the back for passengers and enough space in the boot to handle most daily duties. However, if you need outright practicality, you’d probably be better served by the Skoda Karoq.

To find out more, read our full Cupra Formentor review

Cupra Formentor TSI 150 V2
Monthly cost: £271.21 (47 payments, incl. VAT)
Initial payment: £3,254.52 (12 months' payments plus zero fees)
Mileage allowance: 5,000 miles per year

Pros

  • Great to drive for an SUV
  • Entry-level engine economical
  • Eye-catching looks

Cons

  • Firm ride in Cupra mode
  • Fiddly infotainment system

£228 per month over two years

Expert rating:

4.0
More than just a Golf in Cuban heels, the VW T-Roc has enough attitude to justify a place on your driveway, and it will definitely appeal to small families looking for something practical yet funky. It’s cheaper and more spacious than an Audi Q2.

We recommend picking the 1.5-litre petrol engine, and this deal does just that, coming in desirable R Line trim. At a little more than £220 per month, it's a lot of car for your money.

To find out more, read our full Volkswagen T-Roc review

Volkswagen T-Roc 1.5 TSI EVO R-Line
Monthly cost: £227.82 (23 payments, incl. VAT)
Initial payment: £2,733.84 (12 payments plus £269.99 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Stand-out styling
  • Low running costs
  • Decent driving experience

Cons

  • Disappointing interior
  • R-Line's firm ride

£251 per month over four years

Expert rating:

4.0
The Audi Q2 is a thoroughly competent compact SUV that’s still well worth considering, especially if you’re looking at monthly finance deals. If image and interior quality are high on your priority list, it’s an exceedingly tempting choice, and one that drives far better than its advancing years would have you believe.

Step into the Q2’s interior, and you can easily see why it's pricier than many rivals. There are plenty of high-quality materials, and the infotainment system is easy to use on the move and packed with features – even if it does all look a little old now. Models with big wheels and sports suspension are a bit too firm, while space in the back and boot are nothing to write home about.

To find out more, read the Audi Q2 review.

Audi Q2 30 TFSI Sport
Monthly cost: £251.27 (47 payments)
Initial payment: £3,015.24 (12 months' payments plus zero fees)
Mileage allowance: 5,000 miles per year

Pros

  • Cheapest Audi SUV
  • Frugal performance
  • Impressive engine

Cons

  • Lacks practicality
  • Interior looks old

£263 per month over four years

Expert rating:

4.0
The BMW 1 Series is an excellent car. In fact, we rate it over its premium competition, too. It's good to drive, and has a logically laid out and high-quality interior. The easy-to-use infotainment system is the icing on the cake, as it does little to distract and infuriate.

You'll particularly appreciate the agile handling and responsive steering. As for engines, yes, the M135i is quite a thing, but our chosen 120i will do everything most buyers will ever ask without ever really breaking sweat, and still deliver plenty of laughs. Highly recommended.

To find out more, read our full BMW 1 Series review

BMW 120 Sport
Monthly cost: £262.59 (47 payments, incl. VAT)
Initial payment: £3,151.08 (12 payments plus £299.00 fees)
Mileage allowance: 5,000 miles per year

Pros

  • Superb refinement
  • Loads of gadgets
  • Strong performance

Cons

  • Rear seat could be roomier
  • Disappointing digital dashboard

These deals are indicative examples of some packages available as of 28 October 2024, but are subject to change without prior notice. Everyone’s financial circumstances are different and the availability of credit is subject to status. Terms, conditions and exclusions apply. Parkers cannot recommend a deal for you specifically.


Best PCP deals

Like the idea of running a brand new car for an affordable monthly payment with the option to hand the car back at the end of the contract or buy it outright? You might be interested in Personal Contract Purchase (PCP) finance.

PCP is the most popular type of car finance, which means the best car finance deals in the UK are often PCP based. Beware: the difference between the best and worst PCP deals is enormous. Do your homework, though, and you can bag a great car for far less per month than you might expect.

£349 per month over three years with 0% APR and a £2,000 deposit contribution

We named the Enyaq as our Car of The Year in 2022 because of its long electric range, value-for-money and practical interior. The fact that it now comes with 0% APR and a £2,000 dealer contribution makes it even more affordable.

For around £350 per month you can get your hands on an iV 50 with an official 242-mile range, which will cover the needs of most families just fine. This smaller-battery car is much cheaper than the long-range version, hence the competitive deal. Just make sure you work out whether you might really miss the extra range of the more expensive car, though.

Read our Skoda Enyaq review

Skoda Enyaq iV 50
Monthly cost: £349 (36 payments)
Deposit: £6,655
Deposit contribution: £2,000
Total amount payable: £36,970
Cash price: £36,970
Mileage allowance: 10,000 miles per year
APR: 0%

Pros

  • Roomy interior
  • Claimed range of up to 336 miles
  • Four-wheel drive available

Cons

  • Expensive options
  • Plain compared with flashier rivals

£159 per month for four years with 0% APR

Expert rating:

4.5
A former Parkers Car of The Year, the MG4 EV impressed us with its driving dynamics and solid battery range. What really sealed the deal however was the exceptional value for money, which is now even better thanks to an excellent 0% APR deal.

Coming in at less than £160 a month, and with space inside for four, it'll dutifully serve as an economical small family car. Like the Enyaq above, this deal is for the smallest battery size, but that can be increased to the Long Range for just an extra £20 a month.

Read our MG 4 review

MG MG4 EV SE 125kW
Monthly cost: £159 (37 payments)
Deposit: £10,079.50
Deposit contribution: zero
Total amount payable: £26,995
Cash price: £26,995
Mileage allowance: 8,000 miles per year
APR: 0%

Pros

  • Better than far more expensive rivals
  • Good ride/handling balance
  • Long range and accurate readouts

Cons

  • Touchscreen-led interior can be fiddly
  • Some cheap plastics inside

£153 per month for two years with 0% APR

The 2025 Parkers Awards saw Renault take home our best new-car finance gong due to its stellar and flexible offers. But what makes the Clio good enough to feature on this list? Well, it's handsome, well-equipped and very well-priced. And now, facelifted, it's even smarter.

You’re looking at an economical E-Tech Evolution model for this price. It’s packed with kit, such as alloy wheels, Apple CarPlay/Android Auto and cruise control, and it simply oozes kerb appeal. And, yes, to get that 0% APR with a low monthly payment you do need to put down a chunky deposit – but it's not out of order.

To find out more, read our full Renault Clio review

Renault Clio Evolution E-Tech 145hp
Monthly cost: £153 (24 payments)
Deposit: £6,479
Deposit contribution: £0
Total amount payable: £21,595
Cash price: £21,595
Mileage allowance: 6,000 miles per year
APR: 0%

Pros

  • Stylish design
  • Impressively low running costs
  • Economical

Cons

  • Tight rear passenger space
  • Entry-level model still only has a five-speed gearbox

£354 per month for two years with 0% APR

A sports car will never be a rational purchase, but this finance deal on the Alpine A110 will get you pretty close. With Renault's excellent 0% APR and competitive pricing, the A110 stands out as a lot of performance for a sensible monthly fee.

Alpine nailed the mid-engined sports car formula with the A110. At just over a tonne, the peppy turbocharged 1.8-litre four-cylinder engine has enough grunt to make for an enjoyable B road blast, especially when partnered with supple suspension and lovely handling.

To find out more, read our full Alpine A110 review

Alpine A110
Monthly cost: £354 (24 payments)
Deposit: £16,347
Total amount payable: £54,490
Cash price: £54,490
Mileage allowance: 10,000 miles per year
APR: 0%

Pros

  • Exceptional to drive
  • Lightness of build and compactness
  • Usable and comfy in everyday driving

Cons

  • Infotainment lags behind rivals
  • Getting on a bit

These deals are indicative examples of some packages available as of 28 October 2024, but are subject to change without prior notice. Everyone’s financial circumstances are different and the availability of credit is subject to status. Terms, conditions and exclusions apply. Parkers cannot recommend a deal for you specifically.

What type of finance to choose?

PCH personal leasing

Car leasing, also known as Personal Contract Hire (or PCH) is best the option if you want to change cars often. You will not own the car, but that gives you great flexibility.

PCP finance

Personal contract purchase, as typified by Ford Options, is the best option if you plan on keeping the car for longer. You make lower monthly payments than you would on a PCH deal, but you’ll need to make a balloon payment at the end of the deal if you choose to buy the car outright.

If you’re new to finance check out our full guides on PCH leasing and PCP finance.

Frequently Asked Questions

How do I know if I am getting a good deal on a new car?

When it comes to finding the best deals available, there’s lots of help out there. Our aforementioned finance deals page, for example, lists the top offers we’ve seen. This allows you to quickly get an idea of what’s available for your budget.

For many buyers, securing a deal with a low, or even zero, deposit is a crucial part of what makes the best finance deals the best. With higher monthly payments it’s possible to spread the cost of an initial payment over the course of the contract. Check out APR rates on all deals – obviously the lower, the better. This softens the blow and gets you the keys to a new car for a very low up-front cost. 

But nothing beats shopping around. These days you don’t need to wear out shoe leather anymore, as Parkers has done all of the hard work for you by aggregating lease deals and highlighting them in one place. Check out our car leasing landing page, and get comparing!

How do I get a good finance deal on a new car?

With dealer contributions, varying APR, and some manufacturers throwing in free fuel among other benefits, judging what’s the best value car finance deal for you can be a minefield. A good figure to look for is the ‘total amount payable’ sum included alongside the offer.

This will show you exactly what you’ll end up spending on the car, in the long run. It will include factors such as interest charges, ‘finance facility’ and ‘option to purchase’ fees.

Again, shopping around is the best thing you can do here, if you’re used to using your local dealerships, don’t be afraid to be travel further afield and compare rival dealerships’ deals.

What cars are offering 0% finance deals?

Look at the best new car deals and you’ll see that many feature 0% APR finance. These 0% car finance deals are a tempting proposition because, provided you can put down the deposit required, they offer an easy way to spread the cost of a new car.

Here you will find a list of the 0% APR deals on offer – from Alfa Romeo to Volvo.


Deal watch update log

28 October 2024: Checked and updated prices for all PCH and PCP deals. Removed Vauxhall Corsa and Skoda Octavia PCH deal. Added the Hyundai i10 and Kia Niro EV PCH deal.

21 October 2024: Checked and updated prices for all PCH and PCP deals. Updated entries with Parkers Awards 2025 results. Added Alpine A110 PCP deal.

14 October 2024: Checked and updated prices for all PCH deals. Removed entries for the Volkswagen ID.3 and Polestar 4, replacing them with the Skoda Octavia and Volkswagen ID. Buzz. Checked and updated prices for PCP deals. Replaced Volkswagen ID.7 with the Renault Scenic E-Tech as Editor’s choice.

7 October 2024: Checked and updated prices for all PCH deals. Removed entries for the Volkswagen Golf, Subaru Solterra, and Seat Ibiza. Replaced entries with the Vauxhall Corsa and Hyundai Ioniq 6. Checked and updated prices for PCP deals.

30 September 2024: Replaced Polestar 4 with the Volkswagen ID.7 as editor’s choice. Checked and updated prices for all cars. Removed Toyota CH-R PCH deal and replaced with the Subaru Solterra. Added PCP deal on MG MG4.


Ryan Gilmore is the Car-Buying Editor at Parkers. Having cut his teeth as our Deputy Commercial Content Editor, he’s a savvy shopper dedicated to helping you when it comes to car shopping.