New car buyers could be forgiven for thinking that the cost-of-living crisis has put paid to their hopes of affording a fresh set of wheels.
Over the past year, interest rates have risen considerably and car finance packages suddenly aren’t as attractive as they once were – although some manufacturers are standing firm and continue to offer 0% APR deals for customers.
New car sales in the UK have been showing some signs of recovery, but you still need to shop around to get the best deal
It’s really important to do your research and take your time before signing on the dotted line.
From a financial perspective, the main things to keep an eye on when new car bargain hunting are the deposit, monthly repayments, and optional final payment, but you should also check out the APR interest rate which will affect how much you have to repay in total over the agreed term.
Handily, experts at Carwow have put together a list of the latest 0% APR finance new car deals.
Ford
Ford are offering 0% APR deals on certain Focus modelsGetty
The 123bhp Focus ST Line 1.0 Ecoboost is available from £340 per month over 24 months.
24 monthly payments – £340Cash price – £28,185Customer deposit – £5,865Optional final payment – £14,160Mileage per annum – 9,000
MG
The MG ZS is a solid family car that’s comfortable and well-equippedGetty
The MG ZS Exclusive 1.5 VTI-tech is available from £109 per month over a 25-month agreement.
24 monthly payments – £109Cash price – £20,320Customer deposit – £6,250.25Optional final payment – £11,453.75Mileage per annum – 8,000
Renault
The Clio is a capable supermini and features fuel-saving hybrid tech
The Renault Clio Evolution E-Tech Full Hybrid is available from £87 per month over a 25-month agreement.
24 monthly payments – £87Cash price – £22,095Customer deposit – £6,629Optional final payment – £13,391Mileage per annum – 6,000
Suzuki
Buying a Suzuki S-Cross should be relatively affordable
The Suzuki S-Cross 1.4 Boosterjet Motion is available from £199 per month over a 25-month agreement.
24 monthly payments – £199Cash price – £26,099Customer deposit – £5,853.88Optional final payment – £15,469Mileage per annum – 10,000
Vauxhall
The Vauxhall Corsa is one of the UK’s best-selling cars
The Vauxhall Corsa 1.2 Turbo GS is available from £154 per month over a 24-month agreement.
24 monthly payments – £154Cash price – £21,615Customer deposit – £6,484.60Optional final payment – £11,593Mileage per annum – 6,000 Read More