Car Finance With Low, Zero & Without Deposit

Imagine being able to obtain the right car for you at the right price, right now, with no stress. At CarFinanceGenie, we take pride in our straightforward and stress free service and provide great deals for no-deposit options car finance.

Maybe you wish to get behind the wheel of a BMW, Mercedes-Benz, Nissan, Vauxhall or another desirable car, without having to pay a deposit first? Or maybe you have bad credit or just aren’t in a position to afford a deposit at the moment?

We offer a straightforward, hassle-free route to car finance.

Get a quote from us today
Representative APR 24.9%

What is no deposit car finance?

Car finance that doesn’t require you to put down a deposit first. Both hire purchase (HP) and personal contract purchase (PCP) deals can be arranged through CarFinanceGenie for which a deposit is optional.

No-deposit finance can be particularly useful when you need to replace your vehicle but don’t have much spare cash to hand or would rather not raid your savings account.

Obtaining car finance can be a daunting and stressful experience, especially if you have bad credit. You might have been turned down by various lenders in the past, and even if you were accepted, you may have been asked to pay a prohibitively expensive deposit.

Saving up enough cash for a deposit on a car can take time, especially as most agreements require you to have around 10% of the car’s value to put down. For many, the monthly costs of mortgages or rent, bills and the increased cost of living makes this very difficult.

That’s where we come in!

The extensive network of lenders that we work with at CarFinanceGenie includes many that specialise in bad credit car finance with no deposit.

We have high acceptance rates for cheap car finance deals with no deposit, so why not apply today?

*No deposit options depend on the lender and their criteria as well as personal circumstance

How we work.

Car finance made easy with 4 simple steps

Ready for a new car? Get a no-obligation finance quote. We consider most credit situations and have access to a wide panel of lenders, so we can find a car finance option which suits you
Your car finance application
Get decision
We compare our panel of lenders and our experts will be able to outline the best options available to you if approved
Ford Focus ST
Choose a car
With hundreds of trusted quality used cars available from our carefully selected dealers, your dedicated Genie will be on-hand to help find the right car for your needs and budget
Drive away
Wish granted. Complete all of the required documents and get the keys to your new car

What is no deposit car finance?

Some applicants for car finance may welcome a chance to pay a deposit, so that they don’t have to pay as much back each month over the term of the loan.

However for many of our customers the need to pay a deposit before they can secure car finance has been a source of stress. CarFinanceGenie therefore allows applicants to choose whether or not they wish to pay a deposit – and if so, how much.

You can use our Car Finance Calculator to see what’s best for your budget:

Our finance calculator
Repayment term (years)

Rates from 10.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative example: borrowing £8000 over 5 years with a representative APR of 24.9%, a fixed annual interest rate of 24.9% APR and a deposit of £0.00, the amount payable would be £220.67 per month, with a total cost of credit of £5420.20 and a total amount payable of £13,240.20

We look the find the best rate from our panel of lenders and will offer you the best deal you're eligible for. We don't charge for our service but we will receive a commission. This does not influence the interest rate you're offered in any way but can vary by lender.

We act as a broker, not a lender. Further info on request.

6.9% APR
Total cost of finance
Total repayment
60 monthly payments of

What are your car finance options?

Car finance is all about paying for a car over a series of manageable monthly instalments, instead of paying the entire cost upfront. However, there are different kinds of car finance available.

Hire purchase (HP) is the most common, and once you have finished making the payments at the end of the loan term, you will own the car outright.

Personal contract hire (PCP) deals also involve fixed monthly payments. Unlike HP, though, when the loan term concludes, you can pay a final ‘balloon’ payment to own the car, or return or exchange it.

Finance terms can be as short as two years (24 months) or as long as five years (60 months). It’s possible to get either a HP or PCP deal without the need for a deposit; just apply online today to receive your no-obligation quote.

There are a couple of things you need to know before you decide if car finance is right for you:

For example, you’ll need to have the following in order to be approved:

  1. A good to excellent credit score
  2. Pass a credit check to ensure you can make the monthly repayments.

If you don’t have good credit, don’t panic! There are other options for you such as car finance with bad credit.

Make us your one-stop shop for no-deposit car finance

At every stage of our relationship with you, we will strive to provide a communicative, honest and stress-free service. We don’t believe that you should be scared of applying for car finance, but you should also expect easy-to-understand, plain-English and responsible information.

We’ll help you to make the right decision for your personal situation, whether you have good or bad credit, and whether or not you wish to put down a deposit or have a guarantor.

It’s simple; when you request a quote from us online, we’ll assess your particular needs and call upon our wide panel of lenders, so that we can present you with the most competitive deals for bad credit car finance with no deposit.

You will then be able to pick the deal that works for you, before our vehicle sourcing team helps you to find the perfect car for your needs and budget.

Finally, you’ll just need to complete the required documents and will be handed the keys for your new car. It’s all possible with our straightforward, hassle-free and transparent service at CarFinanceGenie.