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.
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
The 123bhp Focus ST Line 1.0 Ecoboost is available from £340 per month over 24 months.
READ MORE ABOUT CAR FINANCE
- 24 monthly payments – £340
- Cash price – £28,185
- Customer deposit – £5,865
- Optional final payment – £14,160
- Mileage per annum – 9,000
MG
The MG ZS Exclusive 1.5 VTI-tech is available from £109 per month over a 25-month agreement.
- 24 monthly payments – £109
- Cash price – £20,320
- Customer deposit – £6,250.25
- Optional final payment – £11,453.75
- Mileage per annum – 8,000
Renault
The Renault Clio Evolution E-Tech Full Hybrid is available from £87 per month over a 25-month agreement.
- 24 monthly payments – £87
- Cash price – £22,095
- Customer deposit – £6,629
- Optional final payment – £13,391
- Mileage per annum – 6,000
Suzuki
The Suzuki S-Cross 1.4 Boosterjet Motion is available from £199 per month over a 25-month agreement.
- 24 monthly payments – £199
- Cash price – £26,099
- Customer deposit – £5,853.88
- Optional final payment – £15,469
- Mileage per annum – 10,000
Vauxhall
The Vauxhall Corsa 1.2 Turbo GS is available from £154 per month over a 24-month agreement.
- 24 monthly payments – £154
- Cash price – £21,615
- Customer deposit – £6,484.60
- Optional final payment – £11,593
- Mileage per annum – 6,000
