The start of the year isn’t historically a time when people flock to buy new cars, but as it’s typically not a busy period for dealers, it means there are often some great deals around.
This year, however, is a little bit different, as the ongoing coronavirus pandemic has reduced the number of cars that manufacturers can make, meaning they’re not quite so willing to offer their cars as discounts.
That doesn’t apply to everything, though, which is why we’ve picked the best new car deals available, ranging from luxury convertibles to electric SUVs.
BMW 8 Series Convertible
Let’s start our new January car offers with a splash – the BMW 8 Series Convertible. It might not be the most obvious time of year to choose a drop-top, but it’s worth getting ahead of the game as discounts likely won’t be quite so impressive during the peak of summer. With its smooth six-cylinder petrol engine, it offers a decent amount of performance, along with reasonable running costs, while its sleek design and upmarket interior make it feel truly special.
Currently BMW is also offering a deposit contribution of nearly £12,000 towards the 840i, which means that when combined with a 10 per cent deposit, you can get behind the wheel for £809 a month. Granted, that’s not cheap, but it’s a lot less than what you’d typically pay for a car with this value. With a low 2.9 per cent APR rate, it means the 8 Series is almost £7,000 cheaper to finance than it would be to buy with cash.
Model: BMW 840i Convertible
Monthly payments: 47 x £809
Customer deposit: £8,689
Deposit contribution: £11,989.15
Total at end of contract: £46,712
Optional final payment: £28,598.23
Total paid to own the car: £75,310.23
Cash price: £82,115
APR: 2.9 per cent
Annual mileage allowance: 10,000
Enquire on a new BMW 8 Series ConvertibleFord Kuga Plug-in Hybrid
Ford has had a pretty tough time with parts shortages really impacting its ability to build cars. Nevertheless, the brand is still offering some superb deals at the moment across its full range. But the most tempting at the moment seems to be the Kuga, and specifically the Plug-in Hybrid model. Offering a 35-mile electric range, it’s impressively efficient, and one of the best hybrid SUVs on the market.
Currently, Ford is offering zero per cent APR finance across much of its range on shorter 24-month contracts, meaning you can get behind the wheel of this Kuga from £425 per month, with a £7,047 deposit. If you went ahead with the optional final payment at the end of the contract, it means it costs roughly the same to finance as it would to buy.
Model: Ford Kuga ST-Line Edition 2.5 Duratec Plug in Hybrid
Monthly payments: 24 x £425
Customer deposit: £7,047
Deposit contribution: N/A
Total at end of contract: £17,247
Optional final payment: £20,508
Total paid to own the car: £37,935
Cash price: £37,755
APR: 0 per cent
Annual mileage allowance: 9,000
Enquire on a new Ford Kuga Plug-in HybridPeugeot e-2008
Peugeot is really expanding its electric car range, and one of our favourite EVs from the French firm is the e-2008. It’s a crossover that offers a smart, upmarket interior and a decent amount of cabin room, while Peugeot says it can travel up to 217 miles on a single charge.
Currently Peugeot is letting customers get behind the wheel of a well-specced Active Premium version for £299 per month, which considering the relatively high list price of the e-2008, really isn’t too bad at all. You also get a £1,400 deposit contribution to sweeten the deal, though a 5.9 per cent APR rate is quite high.
Model: Peugeot e-2008
Monthly payments: 47 x £299
Customer deposit: £7,741.75
Deposit contribution: £1,400
Total at end of contract: £17,247
Optional final payment: £14,547
Total paid to own the car: £36,341.75
Cash price: £33,265
APR: 5.9 per cent
Annual mileage allowance: 6,000
Enquire on a new Peugeot e-2008Hyundai Bayon
The Bayon is Hyundai’s latest crossover, and if you want something in this segment that’s affordable, practical and pleasant to drive, it’s most certainly worth a look next to popular rivals like the Nissan Juke and Renault Captur. Standard equipment is also generous, including a digital instrument cluster, eight-inch touchscreen and a reversing camera.
Currently Hyundai is also offering it with zero per cent APR finance across the full range, and on a two-year contract, means you can get it for a little over £200 per month with a £5,200 deposit.
Model: Hyundai Bayon SE Connect 1.0 100PS Manual
Monthly payments: 24 x £207.06
Customer deposit: £5,200
Deposit contribution: N/A
Total at end of contract: £10,169.44
Optional final payment: £10,351.25
Total paid to own the car: £20,520.69
Cash price: £20,520
APR: 0 per cent
Annual mileage allowance: 10,000
Enquire on a new Hyundai BayonRenault Clio
Renault’s latest Clio is the best version of this supermini yet, with its smart styling and well-finished interior setting it apart from many rivals in this class. It’s also available with a good selection of engines – including a hybrid – and also offers one of the largest boots in its segment.
But it’s also very good value with Renault’s latest offers, with the French firm offering it with zero per cent APR, in addition to a welcome £250 deposit contribution. This brings the monthly figure down to just £199 per month over a two-year contract, with this buying a well-specced Iconic Edition version, which comes with a seven-inch touchscreen with satellite navigation and Apple CarPlay and Android Auto, along with 16-inch alloy wheels and reversing sensors.
Model: Renault Clio Iconic Edition TCe 90
Monthly payments: 24 x £199
Customer deposit: £3,884
Deposit contribution: £250
Total at end of contract: £8,660
Optional final payment: £9,380
Total paid to own the car: £18,040
Cash price: £18,290
APR: 0 per cent
Annual mileage allowance: 6,000
Enquire on a new Renault Clio
