Buying a new car is incredibly exciting and there are a lot of fun decisions to make.
Are you big or small? Petrol or electric? SUV or hatchback? And of course the most important question of all; what color…
In fact, the only thing that isn’t fun is paying the bill.
Used car prices rose 32 percent last year*, and with no sign of slowing down, many of us are now facing concerns about cost and affordability. But the good news is that there could be an affordable way to buy your next car and could cost you £200 a month or less**.
By taking advantage of the finance deals offered by auto retailers like Cazoo, you can spread the cost of buying a car and you may find that you can choose something that you might not otherwise be able to afford.
And because you’re paying the money back monthly, you’ll know exactly how much it’s going to cost, so it can be a great way to plan and stay in control of your budget.
It’s a win-win!
7 FAB CARS FOR £200 A MONTH OR LESS…
Ready to find your next car?
The experts at Cazoo have handpicked seven fantastic used cars to suit a range of needs, all regularly available from Cazoo (subject to stock levels) with finance from £200 or less per month**.
And you can browse them online from the comfort of your couch.
Kia Sportage
The Kia Sportage is stylish, spacious and great value; no wonder it’s one of the UK’s best-selling cars. It’s also comfortable, well-equipped and comes with a new seven-year warranty that transfers to any future owner.
Click HERE to explore Kia Sportage cars at Cazoo.
Peugeot 308
If you’re looking for a mid-size car that looks good and gives you a lot of bang for your buck, look no further than the Peugeot 308. Each trim offers a smooth ride and a smart, high-tech interior. In addition, the 308’s engines are particularly fuel efficient, making it affordable as well.
Click HERE to explore Peugeot 308 cars on Cazoo.
Toyota Aygo
You won’t find many cars that cost less to drive than a Toyota Aygo. Average fuel economy is nearly 60mpg, according to official figures, and low insurance group ratings make it a great choice for younger drivers.
Click HERE to explore Toyota Aygo cars at Cazoo.
Renault Captur
The first-generation Renault Captur (made between 2013 and 2019) is big enough to feel spacious inside but small enough to fit in all but the tightest parking space. This compact SUV also has a sliding rear seat so you can maximize legroom or boot space as per your needs.
Click HERE to explore Renault Captur cars at Cazoo.
Ford Focus
What a fantastic all-rounder the Ford Focus is. Whether you’re cruising the countryside, zipping around town or zooming down the highway, it’s responsive and fun to drive. The fourth generation model (introduced in 2018) is solid, comfortable and full of high-tech features.
Click HERE to explore Ford Focus cars at Cazoo.
Vauxhall Corsa
For just £200 a month, it’s possible to get the latest Vauxhall Corsa at Cazoo. Introduced in 2019, it’s smooth, responsive and extremely fuel efficient. And it’s just as stylish inside as it is out, thanks to a high-tech touchscreen infotainment system that supports both Apple CarPlay and Android Auto.
Click HERE to explore Vauxhall Corsa cars at Cazoo.
Honda Jazz
Affordable to own and easy to park, Honda’s Jazz is shorter than a Ford Fiesta, but has almost as much room as the larger Ford Focus. And thanks to its “magic” rear seats, which you can fold in all sorts of clever ways, you can transport almost anything, from your weekly shop to large pieces of furniture.
Click HERE to explore Honda Jazz cars at Cazoo.
MAKE A DREAM COME TRUE
With Cazoo you have two types of finance to choose from – Hire Purchase (HP) and Personal Contract Purchase (PCP), so you just have to choose which works best for you.
With both, you put down a deposit and then pay a fixed amount each month for a set term, usually a minimum of two years.
Where it differs is at the end of this fixed period.
With HP you will own the vehicle once all payments have been made, including the option to purchase the payment, while with PCP you have a few more options.
You can return the car to the lender, buy it with a final payment or, if the car’s market value is higher than the lender’s estimate, you can put the difference into a new finance arrangement, subject to your financial situation.
So which one is best for you?
Hire Purchase is a great option if you know you want to own your car at the end of your finance contract and don’t mind the higher monthly cost as there won’t be a big final payment.
Buying on a personal contract may be right for you if you want to trade in your car regularly, or if you want a more expensive model but with lower repayments.
Whatever you choose, buying a car on finance could mean you can have what you want, when you want it and often for a lot less than you think.
Find out more about Cazoo’s financing options HERE.
*https://cardealermagazine.co.uk/publish/auto-trader-used-car-prices-up-again-in-february-but-ev-prices-continue-to-tumble/280076
**Financial Representative Example (Personal Contract Purchase): Total Cash Price £18,725. £16,725 loan with £2,000 deposit at a representative APR of 10.9%, fixed annual interest rate of 5.66%, 48 monthly payments of £281.80 followed by 1 optional payment of £8,694.00 £ including a £10 purchase option, total credit cost is £5,495.00, total amount payable is £24,220.40, annual mileage limit of 10,000 miles and a 4p excess mileage charge / mile.
Cazoo Limited is an appointed ITC Compliance (ITC) representative who is authorized and regulated by the Financial Conduct Authority (FCA) (ITC registration number is 313486). T&Cs apply. 18+ Finance subject to status.
VAT number 10553943.
