Best new cars for under £300 per month

Got £300 per month to spend on a new car? We've found some excellent deals for you to sink you teeth into

BuyaCar team
Aug 27, 2019

If you're in the market for a brand new car, £300 per month can get you something pretty exciting. It's at this kind of price range that you'll begin to see the more upmarket brands beginning to appear, as well as cars with increasingly impressive levels of tech.

Thanks to the affordable nature of car finance deals like PCP and HP, the idea of owning a brand new car is not quite so daunting as it would've been 10 years ago. The cars still cost the same, but finance options allow you to manage that cost far easier than you could before. Our finance explainers will give you all the details you need.

Needless to say, if you like your creature comforts, then this price range is going to do you just fine. Not only that, there's plenty here for those after a touch of exhilaration too. If you have this kind of money to spend, you're in for a treat.

Read on for our list of nine excellent new cars you could be driving for less than £300 per month.

 

   

Best new cars for under £300 per month

1. Audi A4

Our pick Audi A4 Black Edition 35 TFSI

List price £35,630
Annual mileage limit 10,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£29947£8,721.702.9%£12,995.05£35,779.75

The Audi A4 is thoughtfully designed and well-built, with the latest technology that makes it feel special. It’s getting on for four-years old now too, which means that it regularly has offers attached in order to keep sales up.

£299 will afford you a top-of-the-range Black Edition model. These get 18in wheels, lower and stiffer suspension (fortunately it’s possible to specify the standard set-up at no charge) and additional finishes, as well as hues of special paint colours.

This is with the entry level 35 TFSI petrol engine, which is a two-litre with 150bhp. It certainly has enough grunt for most people, however, motorway munchers would be better off with a diesel.

Audi A4 buyers' guide

2. Ford Focus

Our pick Ford Focus ST Line X 1.0 125ps

List price £21,900
Annual mileage limit 9,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£25036£4,6530%£8,947£21,900

The Ford Focus was the second best-selling car of April 2019, and there are good reasons for the Focus’ success.

It’s taken the formula for the previous model (more fun to drive than it needs be, comfortable ride, good value) and improves upon it - adding space and taking away needless dashboard buttons.

There are a staggering nine trim levels to choose from, and £300 gifts you a fair few choices. £250 a month will get you into a ST Line model with larger wheels and a neat rear spoiler plus keyless start.

£280 will get you into a ST Line X model. These get a bigger entertainment screen bigger alloy wheels, as well as front and rear facing cameras.

Ford Focus buyers' guide

3. Seat Tarraco

Our pick Seat Tarraco 1.5 TSI Xcellence 

List price £30,410
Annual mileage limit 10,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£29947£4,6290%£11,728£30,410

Seat’s poshest car ever only went on sale last year, but it’s been busy winning legions of fans since. Seating for seven ensures that it’s vast enough to cope with the needs of a large family, while it’s also a lot more handsome than Seat’s other seven-seater, the Alhambra MPV.

£299 gets you two options; Xcellence spec with a petrol engine, or SE Technology with a diesel one. The diesel engine is better suited to hauling around the weight of the Tarraco, but Xcellence spec does come with more goodies.

4. Kia Ceed Sportswagon

Our pick Kia Ceed SportsWagon '3' 1.4

List price £28,340
Annual mileage limit 10,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£298.4637£2,250.502.9%£9,250.65£23,745.71

Kia’s latest Ceed is closer than ever in terms of quality to the Volkswagen Golf and Ford Focus. The Sportswagon however has one more thing going for it - its huge 625-litre boot.

The more expensive Ford Focus estate can only hold 608-litres, while the Kia also gets a class-leading seven year warranty.

‘3’ trim rewards you with 17-inch wheels and an eight-inch touchscreen. This price also brings with it the most powerful petrol engine, a 1.4-litre turbo with 138bhp, which is the best petrol engine on offer. Especially if you regularly travel fully-laden.

Kia Ceed buyers' guide

5. Jaguar XE

Our pick Jaguar XE R-Sport 2.0 i4

List price £34,565
Annual mileage limit 10,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£29949£4,9670%£11,526£34,565

The freshly redesigned Jaguar XE brings with it a host of new features. On the outside everything is tauter, but inside is where the largest changes can be seen and felt. There are now two touchscreens, and wireless charging. And there’s a new gear selector too.

£299 will get you a 200bhp petrol engine capable of 0-62mph in 7.2 seconds. It also comes in R-Sport trim. These cars get 18-inch alloy wheels and a special R-Sport branded leather steering wheel. Sports suspension also comes as standard which firms up the ride and gives a more dynamic driving experience.

The term of 49 months is one of the longest here, but there’s no denying the 0% APR makes it very tempting.

Jaguar XE buyers' guide

6. Renault Megane R.S

Our pick Renault Megane R.S 280

List price £27,810
Annual mileage limit 15,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£236.4537£3,9810.0%£15,225£27,810

Fast. Sophisticated. Practical. The Renault Megane RS really can do it all. It’s virtually as practical as a diesel Megane, yet when the mood strikes you it becomes one of the fastest a to b cars on sale today.

It might not be quite as quick as the Honda Civic Type R in a straight line, but it’s a lot less jarring over potholes. Plus the Civic Type R costs £110 more per month.

Your heart will love its 280bhp engine, rear-wheel steering, and alcantara-lined interior. And your head will simply adore the 0% APR finance and relatively low deposit.

Renault Megane buyers' guide

7. Volvo XC40

Our pick Volvo XC40 T3 FWD Momentum 

List price £28,965
Annual mileage limit 10,000 per annum

Monthly paymentsNumber of instalmentsInitial rental
£29936£4,995

The small crossover section has really taken off in recent years. While cars like the Nissan Juke were the forebears, you’ll be relieved to find out that there are much better cars in the segment now.

Chief of them, is the XC40. Cool Swedish design (just look at that angular rear window) meets a practical and safe shape.

For £300, you’ll just squeeze in to an XC40 with the smallest petrol engine, and the cheapest trim level. Still, you’re hardly slumming it. Alloy wheels, 9in central touchscreen with sat-nav, and Apple CarPlay/Android Auto come as standard.

It should be noted that this is with a PCH (Personal Contract Hire) deal. This is essentially long term-rental for a fixed period, with no option of buying outright at the end.

Volvo XC40 buyers' guide

8. Toyota Corolla Hybrid

Our pick Toyota Corolla Hybrid Design

List price £26,370
Annual mileage limit 8,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£27942£4,9640%£9,967.50£26,370

For many, the Toyota Prius has the right technology, but the wrong look. It’s hard be nonchalant when everyone (in London at least) thinks you’re an Uber driver.

The same can’t be said for the new Corolla. It’s handsome in a subtle way, especially when teamed with a contrasting roof colour, like in the example above.

In the hybrid version an on-board battery powers an electric motor, which assists either a 1.8-litre, or 2.0-litre petrol engines. The electric mode only lasts a couple of miles, but overall mpg should be as high as 65.

Design spec models come with 17-inch alloy wheels, LED front fog lights, and an eight-inch touchscreen.

Toyota Corolla buyers' guide

9. Vauxhall Insignia Grand Sport

Our pick Vauxhall Insignia Grand Sport SRI

List price £23,370
Annual mileage limit 6,000 per annum

Monthly paymentsNumber of instalmentsDepositRepresentative APROptional final paymentTotal cost of finance 
£289.1747£4,0006.9%£7,238£26,728.99

If you think SUVs and crossovers are just a bit gauche, then a traditional, large family hatchback could be just the ticket.

Vauxhall’s Insignia Grand Sport is one of the best around. Its swooping lines are elegant, while it has a broad range of engines, and an even broader range of trim selections - 8 in total.

£289.17 per month gifts you an Insignia Grand Sport with a 1.5-litre petrol engine, in SRI spec. This is just below mid table in the spec table championship - but it has a touchscreen entertainment system, Apple CarPlay and Android Auto, parking sensors, and dual-zone climate control.

Vauxhall Insignia Grand Sport buyers' guide

 

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