With a £200 monthly financial budget, what car can I afford?
When preparing to buy a used car with financing, it’s a good idea to set a monthly budget that you know you can afford.
With personal contract purchase and hire-purchase financing, you can find a modern, practical car equipped with the latest safety technology and budgeted for just £200 per month.
What are some used cars under £200 per month? Cars in this price range include high-end brands such as Audi, Mercedes-Benz, and BMW, as well as many premium cars from Ford, Nissan, and Vauxhall.
Audi A1
Recommended for used car purchases under £200 per month: The A1 is a great small car for those looking for premium badges without the extra dimensions. It offers many of the luxury features of a large premium car, such as a comfortable ride, superior build quality, and a selection of refined engines.
Offering a 3-door and 5-door (Audi calls this version the Sportback) interior, the interior is more spacious than you might think for a car of this size, with a luggage compartment for a stroller.
Gasoline engines are most popular because of their combination of performance and efficiency. The diesel engine is also powerful, and the mpg number can exceed 60 when driving on the highway.
Mercedes-Benz A-Class
Mercedes has launched the A-Class specifically for those who want a three-pointed star, and its price is not much higher than some of the more traditional big sellers in the family hatchback market, such as the Ford Focus and Vauxhall Astra.
Today, you can easily buy a post-2013 A-Class sedan (a sleeker hatchback model, as opposed to an older generation of MPV-style cars) for less than £200 a month.
The A180 model is available in either petrol or diesel, with petrol being faster and diesel being more fuel-efficient, so it depends on what’s what’s more important to you. The SE model is the base spec, and the Sport, Sport Premium, and AMG Line models give you sportier styling and more technology.
Seat León
Another great family hatchback is the SEAT Leon, which is able to mix it with any midsize hatchback you can think of thanks to the excellent build quality and style.
For car financing payments under £200, you can get a two- to three-year-old Leon, which is still up-to-date in terms of looks, technology, and driving experience.
Diesel models are very popular among new car buyers, so there are a lot of inexpensive models on the second-hand market, but if you don’t run high mileage, then it might be better to use gasoline. Leon’s little brother, Ibiza, can also receive less than £200 a month.
Volkswagen Passat
What are some used cars under £200 per month? It’s easy to put the Volkswagen Golf on this list because it’s a great car, and you can definitely buy a good car on a budget of less than £200 per month. However, variety is a good thing, so if you’re looking for a new family car, consider the very comfortable Volkswagen Passat sedan.
Buying a three- or four-year-old Passat at this price point has all sorts of meaning as a used car because they are high-spec, aesthetically pleasing cars that can easily drive on the highway.
The vast majority of used Passats for sale will be diesel cars, and this version is favoured by new car buyers because of its refined and powerful performance and excellent fuel economy.
Vauxhall Mokka X
Recommendations for used car purchases under £200 a month: In recent years, Vauxhall has really stepped up its SUV game with several popular offerings, including the updated Mokka X.
It’s a hatchback and SUV crossover, so the driving experience and economic data are comparable to a family hatchback, but the increased ride height gives you a better idea of the road ahead.
In addition to the budget, you can use a two-to-three-year-old petrol or diesel Mokka X with air conditioning, alloy and more. Other Vauxhall that you can buy for less than £200 a month include the Astra, Corsa, and Insignia hatchbacks.
Mini convertible
Now we’re talking! A sporty convertible with premium badges for less than £200 a month? Absolutely – the MINI Convertible is just that, and while there are plenty of MINI hatchbacks out there at this price point, there are plenty of reasons to choose a convertible.
Thanks to the electrically folding roof, hair can be blown in the wind at the touch of a button, while the convertible retains all the driving pleasure features of a classic hatchback model.
For this money, you’ll see a Cooper model that’s been in use for two years, and that’s not a bad thing; It’s a cute cool car that will make all your friends and relatives jealous.
BMW 3 Series
It’s fantastic to think that you can buy a BMW 3 Series for less than £200 a month with just a small cash deposit. The same goes for modern cars – new car depreciation is a great thing for a used car, and the average mileage example for four years will be within the budget.
It may be one of the diesel or petrol models with a smaller engine, but that only means that it will be better in terms of fuel. In terms of specs, the BMW 3 Series will always have a decent package level due to its premium characteristics.
If you don’t need a sedan-level utility, you can also use the money to buy the 1 Series.
Nissan Qashqai
Some people may consider the Qashqai as the default choice when looking for a practical, spacious, and economical SUV or crossover to take the family wherever they need to go.
And for good reason – Nissan actually invented the entire crossover/SUV segment with the Qashqai, and it has gone from strength to strength ever since.
Qashqai is always ahead of its time, as the latest generation is full of technology from the start, and even products from three years ago (many of which cost less than £200 a month) will have all the modern gadgets and gadgets. Need something smaller? Try the Nissan Juke, also on a budget.
Ford C-MAX
As you might expect, there are several Ford models that have finance costs of less than £200 per month, including the Focus, Mondeo, Ecosport and Kuga. The C-MAX made the cut because there were no other MPVs on the list.
Both the C-MAX and its larger seven-seater sibling, the Grand C-MAX, have a monthly budget of £200, which will give you a mid-spec latest-generation model or an ultra-high-spec older car.
Practicality is the main purpose of this car, and the shape of the C-MAX certainly adapts to this, providing passengers with a lot of interior space and a large trunk. When the car is new, the diesel model is popular, but the petrol EcoBoost version can get you around town.
Kia Sportage
Recommendations for used car purchases under £200 per month: SUVs are now very popular in the UK, so you’ll be happy to know that £200 a month will ensure you have a modern, stylish, efficient and practical Kia Sportage.
Without a doubt, one of the best things about Kia Motors is that their new cars come with a 7-year warranty, which means that three-year-old cars that are within the budget will still have a four-year manufacturer’s warranty against mechanical breakdowns.
The warranty is just one of the many factors that make a pre-owned Kia Sportage a worthwhile purchase – it’s both comfortable and economical, while even the base model comes standard with features like air conditioning and alloy wheels.
summary
What are some used cars under £200 per month? Above you’ve seen 10 different ways to buy a variety of different cars for less than £200 a month using car finance, all of which are modern and suitable for everyday use.
In the car shop, we always stock models from all the manufacturers mentioned above, such as Audi, Volkswagen and Ford. The best part is that you can filter by monthly payment using our used car search tool – just set your budget and choose the one you like best.
