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10 cars you could get on car finance for £350-500 per month
Take a look at some real examples of 10 different used cars financed by Admiral for £350-500 per month
In 2018, a total of 7.9 million used cars changed hands in the UK, according to the Society of Motor Manufacturers and Traders (SMMT).
Using finance to spread the cost of your used or nearly-new vehicle is becoming increasingly popular and Admiral ha three different car finance options to help you get behind the wheel of your dream motor.
Below are some real examples of how Admiral has financed 10 tempting used cars for £350-500 per month.
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The car finance deal you’ll be offered depends on a variety of factors including the age, cost and mileage of the car, loan term and the deposit you want to pay, and your individual circumstances.
Remember – whether you choose Personal Contract Purchase (PCP), Hire Purchase (HP) or an unsecured loan, make sure you choose a deal that’s affordable and right for you in the long term. You must also understand how the car finance deal works, including the total amount repayable and any other fees and charges.
All prices quoted below are correct at time of publishing and all opinions about the cars come from freelance motoring journalist Gareth Herincx.
1) Range Rover Evoque
Launched in 2010, the Range Rover Evoque is Land Rover's biggest-seller in the UK, accounting for 20% of global sales (more than 770,000). With its winning blend of bold styling, SUV practicality, premium quality and remarkable off-road ability, it's popular as a PCP purchase.
A second-generation Evoque arrives in 2019, so it's a great time to be looking at buying nearly-new examples of the outgoing car (pictured).
Hire Purchase (HP)
Monthly amount: £430.60
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £31,837.00 (includes option to purchase fee of £1 and deposit of £6,000)
Price of car: £28,354
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £6,000
Loan term: 60 months
Loan amount: £22,354
Option to purchase fee: £1
This is based on a 47-month-old car
Personal Contract Purchase (PCP)
Monthly amount: £449.04 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £40,461.88 (includes deposit of £5,500)
Price of car: £34,500
Assumed current annual mileage: 12,000
Final payment: £17,857 (includes £1 option to purchase fee)
Deposit paid: £1,500
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £33,000
Option to purchase fee: £1
This is based on a 10-month-old car
2) Jaguar XE
Jaguar's handsome BMW 3 Series/Audi A4 rival has been with us since 2015 and has just received a refresh for 2019, so again, it’s a good time to be buying a used example.
Well-built, comfortable and great to drive, the Jaguar XE is a genuine contender in the compact executive sector. There's a good range of 2.0-litre petrol and diesel engines available, and the entry-level 161bhp diesel is surprisingly economical. For extra grip, go for the all-wheel drive version.
Personal Contract Purchase (PCP)
Monthly amount: £375.50 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £24,614.50 (includes deposit of £0)
Price of car: £21,281
Assumed current annual mileage: 10,000
Final payment: £6,966 (includes option to purchase fee of £1)
Deposit paid: £0
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £21,281
Option to purchase fee: £1
This is based on a 12-month-old car
3) Mercedes-Benz C-Class
The Mercedes-Benz C-Class is a quality car with great badge appeal. It was the UK's 11th best-selling car of 2018 and is a great example of how finance deals with manageable monthly repayments have made expensive models more accessible.
Also available as a coupe, cabriolet and estate, the C-Class was launched in 2014 and updated in 2018, but earlier examples are well-equipped and still make a great upmarket second-hand car choice at a surprisingly affordable price.
Hire Purchase (HP)
Monthly amount: £432.94
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £11,228.28 (includes option to purchase fee of £1 and deposit of £2,720)
Price of car: £10,720
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £2,720
Loan term: 24 months
Loan amount: £8,000
Option to purchase fee: £1
This is based on a 64-month-old car
Personal Contract Purchase (PCP)
Monthly amount: £360.93 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £25,004.71 (includes deposit of £0)
Price of car: £20,290
Assumed current annual mileage: 10,000
Final payment: £8,041 (includes option to purchase fee of £1)
Deposit paid: £0
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £20,290
Option to purchase fee: £1
This is based on a 42-month-old car
4) Volvo S90
Launched in 2016, the classy Volvo S90 is as good as a big saloon can get – safe, spacious and oozing Scandi chic, it's a refreshingly distinctive alternative to the German autobahn expresses which dominate the executive segment.
In its element cruising effortlessly, the S90's sibling – the Volvo V90 estate – offers even more space and practicality if needed.
Personal Contract Purchase (PCP)
Monthly amount: £411.26 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £31,374.22 (includes deposit of £500)
Price of car: £26,924
Assumed current annual mileage: 15,000
Final payment: £11,545 (includes option to purchase fee of £1)
Deposit paid: £500
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £26,424
Option to purchase fee: £1
This is based on a 12-month-old car
5) Audi A5
Available as Coupe, Cabriolet or five-door Sportback, the Audi A5 is sleek, stylish, sumptuous and beautifully built.
Unveiled in 2016, the second-generation model is better than ever and packed with the latest tech, including Audi's impressive Virtual Cockpit digital dashboard. The Audi A5 is a premium car with serious kerb appeal.
Hire Purchase (HP)
Monthly amount: £395.44
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £20,881.12 (includes option to purchase fee of £1 and deposit of £1,899)
Price of car: £18,774
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £1,899
Loan term: 48 months
Loan amount: £16,875
Option to purchase fee: £1
This is based on a 40-month-old car
Personal Contract Purchase (PCP)
Monthly amount: £364.13 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £31,218.11 (includes deposit of £2,500)
Price of car: £26,999
Assumed current annual mileage: 10,000
Final payment: £11,604 (includes option to purchase fee of £1)
Deposit paid: £2,500
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £24,499
Option to purchase fee: £1
This is based on an 11-month-old car
6) BMW 5 series
BMW has set a new benchmark with the seventh generation 5 Series when it was launched in 2017. No other car in its class can offer the same combination of driver engagement, state-of-the-art tech, build quality, performance and economy.
Also available as a big 'Touring' estate, the BMW 5 Series comes with a great set of engines. If it's economy you're after, go for the entry-level 520d (187bhp 2.0-litre diesel), while the fastest 540i xDrive (335bhp 3.0-litre petrol) can hit 0-62mph in just 4.8 seconds.
Personal Contract Purchase (PCP)
Monthly amount: £374.06 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £32,721.46 (includes deposit of £2,000)
Price of car: £28,500
Assumed current annual mileage: 12,000
Final payment: £15,385 (includes option to purchase fee of £1)
Deposit paid: £2,000
Excess mileage fee: £0.09p per mile
Loan term: 42 months
Loan amount: £26,500
Option to purchase fee: £1
This is based on a 9-month-old car
Hire Purchase (HP)
Monthly amount: £443.70
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £14,345 (includes option to purchase fee of £1 and deposit of £4,000)
Price of car: £19,435
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £500
Loan term: 48 months
Loan amount: £18,935
Option to purchase fee: £1
This is based on a 37-month-old car
7) Land Rover Discovery Sport
Launched in 2015, the Discovery Sport is a superb 4x4 package that can genuinely seat seven people, yet is blessed with Land Rover’s legendary all-terrain ability.
There's a choice of 2.0-litre diesel and petrol engines and the former are surprisingly frugal. There’s also very little the Sport can’t tow, with a maximum capacity of 2,200kg.
Personal Contract Purchase (PCP)
Monthly amount: £399.48 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £30,939.56 (includes deposit of £1,000)
Price of car: £26,588
Assumed current annual mileage: 10,000
Final payment: £11,161 (includes option to purchase fee of £1)
Deposit paid: £1,000
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £25,588.34
Option to purchase fee: £1
This is based on a 39-month-old car
8) Mercedes-Benz E-Class
The E-Class is an executive saloon that set new benchmarks for interior design and technology when it was launched in 2016. Handsome, beautifully made, economical and bursting with tech, it’s refined, spacious and safe, and boasts a game-changing, futuristic cabin.
Now in its fifth generation, the Mercedes-Benz E-Class is available with a solid range of diesel and petrol engines, plus a plug-in hybrid option. There are also coupe and estate variants.
Personal Contract Purchase (PCP)
Monthly amount: £393.53 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £35,472.91 (includes deposit of £2,000)
Price of car: £30,400
Assumed current annual mileage: 10,000
Final payment: £14,977 (includes option to purchase fee of £1)
Deposit paid: £2,000
Excess mileage fee: £0.09p per mile
Loan term: 48 months
Loan amount: £28,400
Option to purchase fee: £1
This is based on a 16-month-old car
Hire Purchase (HP)
Monthly amount: £432.94
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £20,782.12 (includes option to purchase fee of £1 and deposit of £0)
Price of car: £18,495
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £0
Loan term: 48 months
Loan amount: £18,495
Option to purchase fee: £1
This is based on a 62-month-old car
9) Audi Q5
Launched in 2017, the second-generation Audi Q5 is a solid premium SUV choice. Practical, safe, spacious, well-equipped and beautifully built, it’s perhaps most at home eating up the miles as a comfortable cruiser. There's a decent range of engines too, including the economical 2.0 TDI.
The BMW X3, Mercedes-Benz GLC, Volvo XC60 and Jaguar F-Pace are among the Q5's chief rivals.
Hire Purchase (HP)
Monthly amount: £421.09
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £22,739.86 (includes option to purchase fee of £1 and deposit of £0)
Price of car: £20,000
Assumed current annual mileage: N/A
Final payment: N/A
Deposit paid: £0
Loan term: 54 months
Loan amount: £20,000
Option to purchase fee: £1
This is based on a 38-month-old car
Personal Contract Purchase (PCP)
Monthly amount: £445.57 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £48,955.95 (includes deposit of £9,000)
Price of car: £43,850
Assumed current annual mileage: 12,000
Final payment: £24,361 (includes option to purchase fee of £1)
Deposit paid: £9,000
Excess mileage fee: £0.09p per mile
Loan term: 36 months
Loan amount: £34,850
Option to purchase fee: £1
This is based on a 15-month-old car
10) Jaguar F-Pace
Jaguar’s first ever SUV is arguably the best-looking car in its class. Competitively priced, it’s practical and actually manages to drive like a Jag, which is no mean feat. If economy is your priority, then go for the 161bhp diesel, otherwise there are engines to suit every type of driver.
Jaguar founder Sir William Lyons demanded that all his cars should have Grace, Space and Pace – and the F-Pace doesn't disappoint.
Personal Contract Purchase (PCP)
Monthly amount: £330.29 (PCP)
APR: 5.9%
Interest rate: 5.75%
Total amount payable: £52,387.41 (includes deposit of £13,000)
Price of car: £47,792
Assumed current annual mileage: 8,000
Final payment: £29,809 (includes option to purchase fee of £1)
Deposit paid: £13,000
Excess mileage fee: £0.09p per mile
Loan term: 30 months
Loan amount: £34,792
Option to purchase fee: £1
This is based on a 10-month-old car
- The examples were correct at the time of publication; our rates may have varied since then.
