Best Kia Finance Deals

In the market for a new Kia? Here's our round-up of the best PCP finance deals around

Kia has come a very long way in a short space of time and it cars are now easily good enough to rival or even surpass the best from Volkswagen and Ford. That's driven in a large part by strong design leadership and good value for money.

Kia offers PCP and Personal Motor Loan (PML), which is essentially hire purchase, on all new cars in its range. What’s more, it regularly offers decent deals on its PCP and PML offerings, often including zero customer deposit, deposit contributions, competitive APR and free servicing that all help make the step to a new Kia more manageable. And all new Kias come with a 7-year, 100,000-mile warranty included, for extra peace of mind.

Best Kia PCP Offers

In order to get you behind the wheel, Kia offers two finance products. The first is PCP (Personal Contract Purchase) which lets you choose how much deposit you’d like to pay and how long you’d like to keep the car for, ranging from 24-48 months.

This informs how much your monthly payments will be. At the end of this agreed time period you can choose to pay off the remainder owed to own the car, take out a new PCP on a new car, or walk away.

The second option is a more traditional hire purchase agreement that Kia calls a Personal Motor Loan (PML). Like a PCP, this involves you putting down a deposit and making monthly repayments.

However, these repayments are higher, as they let you pay off the full value of the car in manageable monthly chunks with no balloon payment at the end of the agreement. By the end you have paid for your car and ownership is transferred to you.

What is the least expensive Kia to finance?

As the Kia Picanto is currently one of the UK’s cheapest cars to buy new, with prices starting from under £16,000, it makes sense that a finance deal on one of Kia's popular city cars would be most affordable on this model.

Right now, if you sign up for a 37-month PCP on an entry level Picanto 2, expect to pay around £259 per month. That would make your customer deposit around £1585 and includes a £500 deposit contribution. The annual mileage limit is 10,000.

How much does a PCP agreement cost on a Kia Sportage?

PCP is a great option to get you behind the wheel of your preferred Kia model model without quite so much outlay. The Sportage is the most popular Kia in the UK, and one of the UK's best-selling cars, too, so you'll be in good company when you get behind the wheel. 

The cheapest Sportage is the 2, which costs from £29,890, or £398 a month on a 37-month deal with a £2989 customer deposit and £1000 deposit contribution.

Does Kia do leasing?

Unless you’re a business customer, if you’re buying direct from Kia you’ll need to choose between PCP or Kia’s Personal Motor Loan hire purchase finance products. However, there are plenty of reputable dealers and brokers out there who will arrange a lease deal on just about any brand new Kia from the manufacturer’s range.

Just remember to check the deal you’re signing to be sure it meets your needs, especially in terms of the annual mileage included and any costs for exceeding this total, and remember that you won’t own the car when the lease deal ends.