10 cars you could get on car finance for £250-350 per month

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Take a look at some real examples of how Admiral has financed 10 different used cars for £250-350 per month.

BMW-2-Series-Coupe-white

There’s a lot to consider when you’re buying a car. Finding the right vehicle is one challenge, but you also have to work out how best to finance it.

If you haven’t got the cash, using car finance is a way of spreading the cost of buying a car over a few years.

Below are some real examples of how Admiral has financed 10 used cars for £250-350 per month using either Personal Contract Purchase (PCP) or Hire Purchase (HP).

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The car finance deal you’ll be offered will depend on a variety of factors including the age, cost and mileage of the car, loan term and the deposit you want to pay, as well as your individual circumstances.

All prices quoted below are correct at time of publishing and all opinions about the cars come from freelance motoring journalist Gareth Herincx.

1) Audi A3

audi-a3

Looking for a classy hatchback with premium badge appeal? Available as a three-door hatchback, five-door Sportback, cabriolet and saloon, a new Audi A3 would set you back at least £22,190-£29,985. Buy used and you could be driving around in a facelifted 2017 example for as little as £13,000.

There's a great choice of efficient engines including a 1.0 TFSI petrol and a 1.6 TDI diesel.

Personal Contract Purchase (PCP)

Monthly amount: £329.73 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £32,114.31 (includes deposit of £3,575)
Price of car: £15,470
Assumed current annual mileage: 10,000
Final payment: £13,042 (includes option to purchase fee of £1)
Deposit paid: £3,575
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £24,125
Option to purchase fee: £1

This is based on a 7-month-old car

Hire Purchase (HP)

Monthly amount: £266.01
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £
12,077.36 (includes option to purchase fee of £1 and deposit of £5,351)
Price of car: £11,277
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £5,351
Loan term: 36 months
Loan amount: £8,777
Option to purchase fee: £1

This is based on a 55-month-old car

2) BMW 2 Series Coupe

BMW-2-Series-Coupe

The handsome, compact 2 Series Coupe (and its Convertible sibling) has been with us since 2014 and it's a great driver's car.

Choose between an economical 2.0-litre diesel, gutsy three-cylinder 1.5-litre and 2.0-litre petrols and a range-topping six-cylinder 3.0-litre unit (for the sporty M240i and M2 variants).

Agile and composed, it's an entertaining choice, but be aware that there is limited rear-seat and boot space.

Hire Purchase (HP)

Monthly amount: £336.56
APR: 9.3%
Interest rate: 8.93%
Total amount payable: £20,494.60 (includes option to purchase fee of £1 and deposit of £300)
Price of car: £16,500
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £300
Loan term: 60 months
Loan amount: £16,200
Option to purchase fee: £1

This is based on a 36-month-old car

Personal Contract Purchase (PCP)

Monthly amount: £284.10 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £28,241.70 (includes deposit of £5,000)
Price of car: £24,800
Assumed current annual mileage: 10,000
Final payment: £9,889 (includes £1 option to purchase fee)
Deposit paid: £5,000
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £19,800
Option to purchase fee: £1

This is based on a 11-month-old car

3) Ford Mondeo

ford-mondeo

Available as a hatchback or estate, Ford’s fourth-generation Mondeo was launched in 2014 and the vast majority are sold to fleet users. However, it makes a sensible choice as a private car too.

Spacious, comfortable and refined, it may not be the most exciting car to drive, but it makes a great cruiser. There's a good choice of engines – it's just a case of choosing between diesel and petrol, and economy and performance.

Personal Contract Purchase (PCP)

Monthly amount: £311.66 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £20,861.02
Price of car: £18,000
Assumed current annual mileage: 10,000
Final payment: £6,213 (includes £1 option to purchase fee)
Deposit paid: £0
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £9,970
Option to purchase fee: £1

This is based on a 9-month-old car

Hire Purchase (HP)

Monthly amount: £265.76
APR: 5.9%
Interest rate: 5.74%
Total amount payable: £10,678.74 (includes option to purchase fee of £1 and deposit of £4,299)
Price of car: £10,299
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £4,299
Loan term: 24 months
Loan amount: £6,000
Option to purchase fee: £1

This is based on a 43-month-old car

4) Honda CR-V

honda-cr-v

One of the biggest-selling SUVs in the world, the Honda CR-V is practical, well-built and particularly frugal in diesel 1.6-litre form. Factor in Honda’s superb reputation for reliability and the CR-V may well be a smart move.

An all-new fifth-generation car was launched at the end of 2018, so now could also be a great time to snap up a low mileage used CR-V.

Hire Purchase (HP)

Monthly amount: £340.09
APR: 7.40%
Interest rate: 7.16%
Total amount payable: £25,156.40 (includes option to purchase fee of £1 and deposit of £4,750)
Price of car: £21,826
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £4,750
Loan term: 60 months
Loan amount: £17,076
Option to purchase fee: £1

This is based on a 19-month-old car

5) Hyundai Santa Fe

hyundai-santa-fe

Looking for a large seven-seater SUV? If so, the Santa Fe (launched in 2013) should be on your shortlist. Replaced in 2018 by a fourth-generation model, the Mk3 still looks good and represents great value for money.

What's more, because it was available new with a generous five-year warranty, you could pick up a late, low-mileage example with a few years' peace of mind remaining.

Personal Contract Purchase (PCP)

Monthly amount: £332.49 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £25,708.03 (includes deposit of £5,500)
Price of car: £22,500
Assumed current annual mileage: 10,000
Final payment: £7,581 (includes £1 option to purchase fee)
Deposit paid: £2,500
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £9,970
Option to purchase fee: £1

This is based on a 24-month-old car

6) Jaguar XF

jaguar-xf

The XF is one of the best sporting saloons on the market, offering real competition to the likes of the BMW 5 Series and Audi A6.

Launched in 2015, it's handsome, spacious and engaging to drive and you can choose between two litre petrol and diesel engines, or more powerful 3.0-litre units for more exhilarating performance.

A premium choice, it's especially good value as a used car option.

Hire Purchase (HP)

Monthly amount: £279.95
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £14,878.70 (includes option to purchase fee of £1 and deposit of £2,000)
Price of car: £13,500
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £2,000
Loan term: 46 months
Loan amount: £11,500
Option to purchase fee: £1

This is based on a 49-month-old car

Personal Contract Purchase (PCP)

Monthly amount: £322.71 (PCP)
APR: 7.40%
Interest rate: 7.160%
Total amount payable: £30,907.85 (includes deposit of £2,500)
Price of car: £26,500
Assumed current annual mileage: 10,000
Final payment: £17,113 (includes £1 option to purchase fee)
Deposit paid: £2,500
Excess mileage fee: £0.09p per mile
Loan term: 36 months
Loan amount: £24,000
Option to purchase fee: £1

This is based on a 25-month-old car

7) BMW 4 Series Gran Coupe

BMW-4-Series-Gran-Coupe

Available as a two-door coupe or a five-door Gran Coupe hatchback (pictured), the 4 Series is a good-looking, comfortable cruiser with a plush, well-equipped interior.

The bigger Gran Coupe is the more practical choice, while some models feature BMW's superb xDrive four-wheel drive system. The 420d's 2.0-litre turbo diesel engine offers the best mix of performance and economy, while the most powerful petrol model is the 440i – its 321bhp six-cylinder 3.0-litre is good for a 0-62mph time of 5.1 seconds.

Personal Contract Purchase (PCP)

Monthly amount: £338.19 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £31009.65 (includes deposit of £3,500)
Price of car: £27,490
Assumed current annual mileage: 10,000
Final payment: £15,672 (includes option to purchase fee of £1)
Deposit paid: £3,500
Excess mileage fee: £0.09p per mile
Loan term: 36 months
Loan amount: £23,990
Option to purchase fee: £1

This is based on a 12-month-old car

Hire Purchase (HP)

Monthly amount: £319.49
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £22,570.40 (includes option to purchase fee of £1 and deposit of £3,400)
Price of car: £20,000
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £3,400
Loan term: 60 months
Loan amount: £16,600
Option to purchase fee: £1
This is based on a 25-month-old car

8) Nissan Qashqai

nissan-qashqai

The car that started the crossover craze in 2006 is as popular as ever. Good looking, spacious, practical and easy to drive, there are plenty to choose from in the second-hand market.

The current second-generation car was launched in 2013, facelifted in 2017 and is still going strong. In fact, it ended 2018 as the fourth biggest-selling car in the UK.

The Qashqai is built in Britain and its many rivals include the Kia Sportage, Ford Kuga and Renault Kadjar.

Hire Purchase (HP)

Monthly amount: £308.42
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £20,086.20 (includes option to purchase fee of £1 and deposit of £1,580)
Price of car: £17,580
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £1,580
Loan term: 60 months
Loan amount: £16,000
Option to purchase fee: £1

This is based on a 10-month-old car

Personal Contract Purchase (PCP)

Monthly amount: £258.26 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £18,619.22 (includes deposit of £0)
Price of car: £16,000
Assumed current annual mileage: 12,000
Final payment: £6,481 (includes option to purchase fee of £1)
Deposit paid: £0
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £9,970
Option to purchase fee: £1

This is based on a 10-month-old car

9) Volkswagen Golf

volkswagen-golf

Engaging to drive, well equipped and classy, Europe's best-selling family hatchback is a great buy. Now in its seventh generation, it was treated to a minor facelift in 2017 and there's a great choice of efficient engines available including a willing 1.0 TFSI turbo petrol and an economical 1.6 TDI diesel.

Personal Contract Purchase (PCP)

Monthly amount: £252.22 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £18,322.84 (includes deposit of £1,200)
Price of car: £15,990
Assumed current annual mileage: 8,000
Final payment: £5,268 (includes option to purchase fee of £1)
Deposit paid: £1,200
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £14,790
Option to purchase fee: £1

This is based on a 29-month-old car

Hire Purchase (HP)

Monthly amount: £284.89
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £16,475.72 (includes option to purchase fee of £1 and deposit of £2,800)
Price of car: £15,000
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £2,800
Loan term: 48 months
Loan amount: £12,200
Option to purchase fee: £1

This is based on a 28-month-old car

10) Vauxhall Astra

vauxhall-astra

Launched in 2015 and crowned 2016 European Car of the Year, the British-built Mk7 Astra is stylish, practical, comfortable to drive and value for money.

If it's fuel economy you're after, then go for the 1.6CDTi (110PS) ecoTEC diesel, but the lively 1.0i petrol turbo (105PS) is a great all-rounder. Also available as an estate (Tourer), the Astra should definitely be on any family hatchback shortlist.

Hire Purchase (HP)

Monthly amount: £252.70
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £13,130.60 (includes option to purchase fee of £1 and deposit of £1,000)
Price of car: £11,800
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £1,000
Loan term: 48 months
Loan amount: £10,800
Option to purchase fee: £1

This is based on a 28-month-old car

 

  • The examples were correct at the time of publication; our rates may have varied since then.

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