Suzuki, Nissan and Dacia continue to maintain the lowest monthly prices for finance offers in Q1. It’s a position all three brands held in Q4 and they’re continuing the same offers on entry level models in the lead up to March to boost sales.
The Celerio is still available for £79 a month, although Suzuki has increased the deposit by more than £600 this time. Nissan’s Micra has swapped places with Dacia in the top three with an £89 a month offer taking second place. The Japanese manufacturer has followed suit with a deposit increase, up slightly by £55. The Sandero Stepway has seen its monthly price go up £10 to £99, but it’s still one of the most affordable new cars in the UK.
Volume players like Ford and Volkswagen get in on the action at the more affordable end of the market with deals on Ka+ and Up Beats at £109 and £115 a month respectively.
Lowest deposit is on the Swift at £0 and Fiat mops up the rest with representative examples with deposits as low as £199 on the 500L Pop 1.4 96PS.
Audi’s R8 Spyder is at the other end of the spectrum, but the German brand has reduced the deposit level required by around £150. The monthly payments have been reduced from £1,499 to £1,399.
While others in the most expensive category aren’t surprising due to their performance or luxury nature, Jeep’s Cherokee stands out as particularly pricey, even taking into account it’s a 0% deal. Given it’s on HP it will always have higher monthly payments due to the lack of a balloon payment, but £908 a month puts the offer right next to a BMW i8 and X5 M. The deposit of £10,288 isn’t the highest from the top 10, but the i8 actually has a lower deposit and would only cost an extra £80 a month.
According to AM’s retail offers data there are 56 0% finance deals across 14 franchises in Q1, an increase on the 40 recorded in Q4 2016. This hints at manufacturers looking to increase financial support to dealers in the run up the March plate-change.
|Model||Finance type||Deposit||Term||Monthly payment||Final payment||APR||Offer ends|
|Lowest monthly price offers in Q1|
|Suzuki Celerio 1.0 SZ2 5 door||PCP||£1,855||48 months||£79||£2,228||5.90%||31/03/2017|
|Nissan Micra 1.2 Visia Limited Edition||PCP||£2,611.73||37 months||£89||£3,195.26||7.90%||31/03/2017|
|Dacia Sandero Stepway Ambiance TCe 90||PCP||£2,159||48 months||£99||£2,799||7.90%||31/03/2017|
|Fiat 500 Lounge 1.2 69hp||PCP||£3,998||24 months||£99||£5,525||0.00%||31/03/2017|
|Fiat 500S 1.2 69hp||PCP||£3,898||24 months||£99||£5,775||0.00%||31/03/2017|
|Volkswagen Up Take Up 1.0 60PS 3-door||PCP||£2,671.23||48 months||£99||£2,286.90||6.50%||03/04/2017|
|Dacia Sandero Ambiance TCe 90||PCP||£697||48 months||£109||£2,865||7.90%||31/03/2017|
|Dacia Logan MCV Ambiance TCe 90||PCP||£1,725||48 months||£109||£2,827||7.90%||31/03/2017|
|Ford Ka+ Zetec 1.2 VCT 85PS||PCP||£3,670.05||24 months||£109||£4,754||0.00%||31/03/2017|
|Volkswagen Up 1.0 60PS 3-door Beats||PCP||£3,119.71||48 months||£115||£3,546||6.50%||03/04/2017|
|Highest monthly price offers in Q1|
|Nissan GT-R 3.8L V6 RECARO||PCP||£21,255.10||37 months||£799||£37,359.84||2.90%||31/03/2017|
|Audi RS 7 4.0 TFSI quattro 560PS tiptronic 8-speed||PCP||£20,244.24||36 months||£829.00||£34,241.80||4.90%||02/04/2017|
|BMW X6 M||PCP||£15,999||48 months||£849||£30,708.15||2.90%||31/03/2017|
|BMW X5 M||PCP||£15,839||48 months||£899||£30,825.70||2.90%||31/03/2017|
|Jeep Cherokee 2.0 Multijet II 140hp Limited 6-speed manual||HP||£10,288||24 months||£908||N/A||0.00%||31/03/2017|
|BMW i8||PCP||£6,999||48 months||£989||£40,418.80||2.00%||31/03/2017|
|Mercedes-Benz G 350 d||PCP||£17,999||24 months||£999||£47,750||6%||31/03/2017|
|Jeep Grand Cherokee 3.0 CRD V6 Limited Plus||HP||£14,121||24 months||£1,261||N/A||0.00%||31/03/2017|
|Audi R8 Coupe V10 5.2 FSI quattro 540PS S tronic||PCP||£31,757.37||36 months||£1,299.00||£58,900.00||6.30%||02/04/2017|
|Audi R8 Spyder V10 5.2 FSI quattro 540PS S tronic||PCP||£32,824.06||36 months||£1,399.00||£64,203.85||6.30%||02/04/2017|