Motoring.co.uk's finance section
reveals that cost conscious consumers now have a
choice of brand new cars for under £100 per-month. Once such economical marvel is the
new Volkswagen Polo
. This is listed, on a personal contract purchase plan, for thirty-six
payments of £99 at 7.9% APR. Wannabe owners will also need a £2,469 deposit, then
save a further £4,578 if they want to settle the optional final payment.
Alternatively, those who fancy something more Italian may fall for the quirky charms of the
new Fiat Panda
. This memorable supermini could be your pride and joy for a pint-sized
£125 deposit, plus thirty-six payments of £95 at 11.4% APR. Further terms include the
optional £2,165 purchase payment, but this wouldn't need to be settled until the end of the
Now, VW make a wide range of reliable vehicles and the new Volkswagen Fox
exception. This compact city car is available for staggeringly low payments of £89 per-
month, at 7.9% APR. This thirty-five payment personal contract purchase plan also
requires a £1,848 deposit, and if you choose to make the Fox a permanent member of
your family the final purchase payment will be £2,795.
Further cheap as chips finance packages include the Citroen C1 for £99 per-month at
9.9% APR, the Renault Clio for £99 per-month at 10.5% APR, and the Renault Twingo for
£99 per-month at 11% APR. Surely that's low enough to make everyone's bank account
grin like a Cheshire Cat.
By Stephen Turvil
Wed, 17 Nov 2010