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.
In the tone of grey, this Pathfinder 2.5 Dci T-spec 2006 comes fitted with manual transmission, a 2.5 litre diesel engine and has got 133,609 miles on the dash.
Put yourself in the driver's seat of this dependable Toyota Aygo which is one of the UK's top 20 most reliable vehicles. It incorporates a 1000 cc petrol engine and manual transmission. This used one from this dealer in Chichester comes in blue and has 93,165 miles on the clock.
On the market and ready for its new owner to take home is this A Class that
incorporates a 1.5L petrol motor with manual transmission. This second hand one has got 69,000 miles clocked up on the dash.
On offer and available for a test drive is this Civic 1.4 I painted in the tone of red; this second hand model is equipped with a 1.3 Ltr petrol engine with manual transmission and has 81,000 miles clocked up on the dash.
This 5 1.8 Ts2 has 111,000 miles clocked-up on the dashboard and incorporates a 1.8 Litre engine. It runs on petrol with manual transmission and comes in the shade of grey.
Available in black, this Juke 1.5 Dci 8V Acenta Premium Euro 5 Ss has 112,000 miles clocked up on the dash and features a 1500 cc diesel engine with manual transmission.
Starting from only £ monthly, you could enjoy this hatchback Corsa with 87,000 miles clocked up on the dash, petrol 1.2 L motor and manual transmission.
Now available for sale is this hatchback second hand car at the amazing price of just £3,995. This dealership in Halstead also gives you the possibility to buy with achievable monthly payments with repayment plans beginning from as little as £ monthly.
This Forfour 1.3 Passion Rhd 94 Bhp comes with manual transmission, a 1.3 ltr petrol engine and has 40,686 miles clocked up on the dash. This particular second-hand model from this dealer has been finished in the tone of silver.
Be the new owner of this ZT that comes fitted with automatic transmission and a 1.0L diesel motor. This second-hand model from this dealer priced at £1,499 has 154,000 miles on the clock and has been finished in the shade of blue.
Available for sale is this Volkswagen featuring a 1.6l petrol motor and manual transmission. At the fabulous price of £2,699 and achievable instalments available starting out at just £ per calendar month.
Are you interested in a Honda Jazz? Well, consider this second hand model available in silver with a 1300 cc petrol engine, manual transmission and 67,377 miles on the clock.
Seize the opportunity to be the new owner of this Ford Fiesta now priced at this dealer's great price of just £2,850. It is available in black, has got 86,000 miles on the dash and features a 1.2 litre petrol motor with manual transmission.
Priced at £3,995 you can buy this second hand Zafira 1.6L Exclusiv 113 Bhp from this dealership in Northampton that comes fitted with manual transmission and a 1.6 Litre petrol engine.
This very popular, top 10 best selling Vauxhall features manual transmission and a 2000 CC diesel engine. Priced at £3,595, this dealer has this second hand one in stock with 113,000 miles on the dash.
This second hand Ford Mondeo 2.0 Tdci Zetec painted in the shade of silver is on the market and ready for you to take home with the added option to purchase with finance.
A 2100cc diesel engine and automatic transmission are just some of the qualities that this saloon Mercedes-Benz C Class 2.1 C200 Cdi Blueefficiency Executive Se Euro has to offer its new owner.
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.