Want a new car without emptying your savings? No deposit, no problem!
Representative Example
Rates from 9.9% APR, Representative APR 21.4%. Borrowing £10,000 over 60 months with a representative APR of 21.4% fixed rate, monthly payment £260.83, Total cost of credit £5,650, total amount repayable £15,750.Presto Finance Ltd is a credit broker, not a lender.
Can I Get Car Finance with No Deposit?
No deposit? No problem! You can get car finance without paying anything upfront.
Whether you've found your dream car or need a replacement fast, there's no needto dip into your savings or wait until you've built up a nest egg. We work withtrusted lenders who offer 0 deposit car loans, making it possible to get on theroad without putting any money down.
Some dealerships may request a reservation fee, but in most cases, you could secure your car and drive it away with nothing upfront!
Get your no-obligation car finance quote in 60 seconds!
No Deposit Finance Options
No deposit finance is available across personal loans, hire purchase (HP), and personal contract purchase (PCP) agreements):
HP (Hire Purchase):
No deposit HP deals allow you to pay off the car in instalments. Once the finalpayment (including the ""Option to Purchase' fee) is made, the car is yours.
PCP (Personal Contract Purchase):
Pay fixed monthly repayments with flexible options at the end of the term: return the car, pay the balloon payment to keep it, or use any positive equity as a deposit on a new car.
Personal Loan:
You won't usually need a deposit. Once approved, the car is yours outright, with fixed monthly repayments to follow.
Keep in mind, that terms may apply, such as mileage limits or extra charges for damage
Get your no-obligation car finance quote in 60 seconds!
Can I Get Car Finance with No Deposit?
No deposit? No problem! You can get car finance without paying anything upfront.
Whether you've found your dream car or need a replacement fast, there's no need to dip into your savings or wait until you've built up a nest egg. We work with trusted lenders who offer 0-deposit car loans, making it possible to get on the road without putting any money down.
Some dealerships may request a reservation fee, but in most cases, you could secure your car and drive it away with nothing upfront!
Get your no-obligation car finance quote in 60 seconds!
Pros and Cons of No Deposit Car Finance
Pros:
front costs driving sooner without touching your savings.
No need to delay your car purchase while saving for a deposit.
Cons:
No deposit means a larger loan, which could result in higher monthly payments.
A longer loan term may increase the overall amount you pay due to interest.
Ready to Drive Your Dream?
Get your no-obligation car finance quote in 60 seconds!
