Best PCP car deals

Looking for the best car finance deal for your budget? Using PCP finance means that rather than saving thousands of pounds to buy a new car outright, you pay a far smaller deposit, followed by a series of affordable monthly payments.

At the end of the agreement, simply hand the car back, pay the difference to own the car outright, or take out a new PCP agreement.

PCP finance is available on new and used cars, making it difficult to know which is the best deal to opt for, especially once you factor in narrowing down which car best meets your needs. We've done the hard work for you here and put together this list of great new and used cars that all offer excellent value for money with no shortage of quality for all sorts of different drivers.

Our best PCP deals list includes cars that are desirable as a second-hand purchase. This is key to unlocking a great PCP finance contract as the more the car is worth at the end of your deal, the lower your monthly payments will be.

See also

• 0% APR car deals
• Best cars for £99 a month
• Nearly new car deals
• Best car leasing deals
• Zero deposit finance deals
• Best car subscriptions
• Best electric car finance deals
• Best van finance deals
• New cars with free insurance
• All car finance deals

Best PCP car finance deals A-Z

Our PCP car finance top picks

Renault Symbioz

The deal Renault Symbioz Techno Hybrid 160 from £259 a month on 25-month PCP at 0% APR

The Renault Symbioz is just like the ever-popular Renault Captur but a little bigger. Like the smaller car, the Symbioz includes sharp looks, user-friendly technology and plenty of standard equipment. Renault offers two PCP deals on the Symbioz. There's a 25-month 0% APR deal on a Symbioz Techno E-Tech with the upgraded 160PS hybrid powertrain for £259 a month, which is the same price as the mild-hybrid 140PS version.

As with most of its models, Renault also offers a longer four-year PCP option at 6.9% APR. This deal takes the monthly payments up to £309, but does have a £750 deposit contribution.

Renault Symbioz Techno Hybrid 160
Price: £29,795 or £259 a month
Annual mileage limit: 6,000
Deposit: £4,905
Monthly payments: 24 x £259 (£6,216)
Optional final payment: £18,674
Total payable: £29,795
APR representative: 0%
PCP agreement length: 25 months
Deal available until: 30th September 2025
See this deal

Mazda CX-5

The deal Mazda CX-5 Centre-Line for £279 a month on 48-month PCP at 0% APR

The Mazda CX-5 is something of a left-field choice on the world of family SUVs. However, if you dare to stray from predictable choices like a Nissan Qashqai or Kia Sportage, you'll be rewarded with a family car that's good to drive, comfortable and features a very nicely made and luxurious interior.

You'll be rewarded with a very competitive PCP deal, too, such as Mazda's 0% APR offer across the CX-5 range as the firm encourages people to buy the last of the current generation model before a new version arrives later in the the year. This entry-level CX-5 Centre-Line requires a deposit of just over £6,000, and costs just £279 a month on a four-year agreement. Mileage is capped at 8,000 per year.

Mazda CX-5 Centre-Line
Price: £31,630 or £279 a month
Annual mileage limit: 8,000
Deposit: £6,052.16
Monthly payments: 47 x £279 (£13,113)
Optional final payment: £12,465
Total payable: £31,630
APR representative: 0%
PCP agreement length: 48 months
Deal available until: 30th September 2025
See this deal

Read our Mazda CX-5 review here

Volkswagen Golf

The deal Volkswagen Golf Match for £313 a month on four-year PCP with 7.9% APR and £3,000 deposit contribution

The latest Volkswagen Golf sent minor shockwaves across the car world as its user experience wasn't becoming of the car's all-conquering reputation. However, a mid-life facelift has cured much of the issue and sharpened the looks, too, making the Golf once again a car that should be right at the top of any family hatchback shortlist.

This deal helps, too, as it includes a £3,000 deposit contribution available on all models, while there's £3750 towards your deposit on Match hybrid, Style and GTE cars. We've picked a Golf Match for its all-round appeal, which starts from £313 a month on a four-year deal that includes 10,000 miles per year.

Volkswagen Golf Match 1.5 TSI 115PS
Price: £28,325 or £312.73 a month
Annual mileage limit: 10,000
Deposit: £4,248.75 (+£3,000 Volkswagen contribution)
Monthly payments: 47 x £312.73 (£14,698.31)
Optional final payment: £11,356.20
Total payable: £33,313.26
APR representative: 7.9%
PCP agreement length: 48 months
Deal available until: 30th September 2025
See this deal

Read our latest VW Golf review here

Nissan Qashqai

The deal Nissan Qashqai 1.3 DiG-T 140PS N-Connecta for £344 a month on 48-month PCP at 5.49% APR with a £3,000 deposit contribution

The Nissan Qashqai is a smart-looking car, thanks in part to last year's facelift, and it’s roomy enough for family life. The Qashqai's appeal continues thanks the fact that all models are packed with high-tech equipment as standard, and the car is relatively comfortable to drive. It has plenty of safety kit, too, and the 1.3-litre petrol engine is both punchy and efficient.

Nissan's deposit contributions and APR vary depending on the model, with this N-Connecta deal saving £3,000 thanks to a July Unlock Summer sales event that adds an extra £750 discount on certain models. It's worth noting that Nissan is inconsistent with mileages in its representative examples, with some deals being shown with 10,000 miles a year, and some with 6,000. This deal is with the former.

Nissan Qashqai 1.3 DiG-T 140PS N-Connecta
Price: £33,835 or £344 a month
Annual mileage limit: 10,000
Deposit: £5,000 (+£3000 Nissan contribution)
Monthly payments: 48 x £344 (£16,512)
Optional final payment: £13,700
Total payable: £38,198
APR representative: 5.49%
PCP agreement length: 49 months
Deal available until: 31st July 2025
See this deal

Read our latest Nissan Qashqai review here

Audi A5 Saloon

The deal Audi A5 Saloon S line TFSI 150PS S Tronic for £465 a month on four-year PCP at 8.9% APR with £5,500 deposit contribution

The Audi A4 Saloon and Audi A5 Coupe have both now departed, replaced by a single new model. Called the A5, but more saloon than coupe in looks, the new car gets off to a slightly middle of the road start from an exterior design point of view.

However, the interior is a real highlight, as it's extremely comfortable, simple to operate and feels very nicely made. The new A5 is good to drive, too, and you can give it a try with this four-year PCP deal that includes a large deposit contribution to keep the monthly payments manageable and 10,000 miles per year.

Audi A5 Saloon S line TFSI 150PS S Tronic
Price: £45,535 or £465 a month
Annual mileage limit: 10,000
Deposit: £7,865 (+£5,500 Audi contribution)
Monthly payments: 47 x £465 (£21,855)
Optional final payment: £19,141
Total payable: £48,870
APR representative: 8.9%
PCP agreement length: 48 months
Deal available until: 30th September 2025
See this deal

Read our used Audi A4 review here

What is the government Electric Car Grant?

The UK Electric Car Grant is part of a £650 million fund intended to make buying a brand-new electric car more affordable and encourage people to switch to an EV before new petrol and diesel car sales are phased out in 2030. 

The maximum grant amount is £3,750 off the car's OTR price, although a £1,500 grant is available for models that partially meet the scheme criteria. Carmakers have to apply to add their models to the scheme, and only models that cost £37,000 or less are eligible. 

Applications began on July 16, and the first models to qualify will be announced on August 11. However, carmakers including Leapmotor, GWM, Skywell, Hyundai and Volvo have all announced equivalent grant discounts so you don't have to wait to get behind the wheel of a shiny new EV at a discounted price.

Is buying a car on PCP a good idea?

There are advantages and disadvantages of financing your new or used car using a PCP agreement. On the plus side, PCP gives you significant flexibility by allowing you to choose the length of the agreement, usually from 2 to 5 years. The deposit and mileage allowance can be adjusted to suit your needs and budget, too.

Even if you cancel the agreement, you don't have to worry about the car's depreciation, as that's only your concern if you opt to buy the car at the end of your deal.

Come the end of the agreement, you can give the car back, sign up for a new deal, or pay off the outstanding balance and buy the car. You only have to decide which of these to opt for when you're nearing the end of your agreement. That balloon payment can be refinanced too. It's this flexibility that makes PCP the most popular way of buying a car in the UK right now.

The negatives mean that you're liable for any damage beyond fair wear and tear, exceeding any mileage allowance. It will cost you to end your PCP deal early. You'll also be charged a higher interest rate if your credit score isn't good.

As with any major purchase, it's up to you to balance the positive and negatives. Only you can decide if a particular way of financing the deal is right for you.

What are the negatives of PCP?

PCP is the most common type of financing used to get behind the wheel of a new car in the UK. It's affordable, flexible and very widely available. However, it does come with some downsides.

When you take out a PCP agreement, the contract will include a definition of what fair wear and tear to the car means. Anything beyond this is up to you to pay to fix come the end of your contract. Likewise, you'll agree a certain limit on mileage and a fee per mile to pay for exceeding that limit. These are usually agreed as an annual mileage, but generally only charged at the end of your contract.

Also in your contract will be the cost for ending your agreement early. This is usually possible, however, a number of conditions often need to be met, including that you've paid at least 50% of the finance contract, meaning that getting out of your PCP early can be a very expensive option.

PCP finance is available to a wide range of people, including those with less good credit scores. However, if you're in this position, it's likely that you'll be charged a higher interest rate.

For some people, owning the car outright is important. However, you won't actually own the car you're financing with PCP unless you pay the outstanding balloon payment when your agreement finishes. Until this point, it remains the property of the finance company.

What is the average monthly car payment?

As ever, the answer to this question depends on lots of factors, including the type of car you're financing, how many miles you're planning to drive, the length of the finance agreement and the interest charged. However, towards the end of 2023, the average cost across all PCP deals in the UK was around £430 per month.

The UK's top-selling car in 2024 was the Ford Puma and this is currently offered in entry-level Titanium spec on PCP for £331 per month, or in mid-range ST-Line spec for £362 a month. Both are 3.9% APR and include a 9,000 miles per year limit and £500 deposit contribution.

Is PCP cheaper than leasing?

The answer to this question will depend on your specific deal and it's always important to compare like for like before making a decision to sign on the dotted line. As a general rule, a PCP costs more over the equivalent length of lease deal because you're paying for the flexibility of being able to buy the car at the end of the deal.

It's worth establishing whether you're likely to treat your PCP like a PCH leasing deal, and switch to a new car rather than paying to take ownership. If this is the case, a lease generally works out cheaper, especially if you don't drive many miles, as the PCP agreement works like a loan that you have to pay interest on, which you don't with a PCH.

It's also worth looking at financing a used car on PCP versus taking out a lease on a new car, as the former is often the cheaper bet. As ever, it's important to compare your options side by side before going ahead.