PCP car deals with no deposit

If you don’t have enough money for a big deposit, you can still find lots of great finance deals without any deposit at all

Matt Rigby
Mar 16, 2022

If you're shopping around for a car finance deal, and finding a contract with the lowest possible monthly payments is your main priority, it's worth being aware of how car finance quotes work. Car finance deals consist of more than just the monthly payments, there is also an initial deposit, and in the case of PCP finance, an optional final payment to consider as well.

More often than not, a finance deal that seems to be offering lower than normal monthly payments will require you to stump up a £10,000 deposit first. That's not much use when you're trying to make your next car more affordable. So it's important to take the whole finance quote into account before deciding on which deal is best.

Don't panic if you don't have that sort of money lying around, though, because there are car finance deals out there that allow you to bypass the deposit altogether. No deposit PCP finance makes it possible for you to get straight into the driving seat without the need to save thousands of pounds. Yes, paying nothing now means you have more to pay later, but take advantage of finance deals with low-interest rates and other incentives and you can get a great car for a relatively affordable monthly payment. All with nothing to pay upfront. In other cases, you might have to pay the first month upfront before your car arrives. After that, you simply make the finance payments each month as normal.

Available for new and used cars, no-deposit finance does make your monthly payments more expensive, and as you're borrowing more money, you'll end up paying a little more interest too. In fact, your interest bill could increase substantially because low-interest rate and 0% APR car finance deals often tend to require a deposit, so picking the no-deposit option could see that rate rise, increasing the overall cost of the finance deal substantially.

New and used car no-deposit deals are generally offered for the two most popular types of car finance.

Personal Contract Purchase (PCP) finance deals usually last between two and five years, and you’ll pay a fixed monthly payment for those months. At the end of the contract, you usually have three options:

  • Return the car with nothing to pay (provided it's in good condition and below the pre-agreed mileage limit)
  • Keep the car and make the optional final payment to buy it - you can refinance this to spread the cost
  • Trade the car in for a new one

In most cases, zero-deposit deals are also available with Hire Purchase (HP). This works in a similar way to PCP, but at the end of the contract, you’ll automatically own the car.

You can also opt for a no-deposit lease deal. This allows you to skip the initial rental fee and instead pay a larger monthly sum thereafter, but as with all car lease deals, you have no choice but to hand the car back at the end of the contract. That may not be a problem for you if you're happy to just pay a monthly fee for a car and move straight on to the next one when your payments are up.

Click on any manufacturers below to find the cars available with no-deposit finance, or scroll down for the full list.

Manufacturers offering no-deposit finance deals

Alfa Romeo no-deposit finance deals

Alfa Romeo offers no-deposit finance with PCP deals on its entire range, so the Giulia and Stelvio are both included. Although it can differ from car to car, it generally comes with a mileage limit of 10,000 a year.

Alfa Romeo cars with no-deposit finance

Audi no-deposit finance deals

No-deposit PCP deals can be found throughout Audi’s range, including the Q2 crossover, A8 executive saloon and Q8 luxury SUV. The small A1 is not available with a zero-deposit deal, and you’ll have to pay a deposit for some of the ‘RS’ versions. The R8 supercar is also unavailable with no deposit.

Audi cars with no-deposit finance

BMW no-deposit finance deals

BMW offers no-deposit deals on many of its models. These include the X3 family SUV, the i3 electric car and the Z4 two-seater sports car.

BMW cars with no-deposit finance

Citroen no-deposit finance deals

Citroen has a full range of cars available with no deposit required for finance. The popular and practical C3 Aircross crossover is the highlight here, but larger families also have the option of the C5 Aircross, and hugely practical e-Berlingo.

Citroen cars with no-deposit finance

DS no-deposit finance deals

DS is the luxury sub-brand of Citroen, named after its historic luxury car, the Citroen DS. Its range of hatchbacks, crossovers and saloons is eligible for finance without a deposit.

DS cars with no-deposit finance

Fiat no-deposit finance deals

All Fiat models are available without a deposit. This includes the economical 500 Electric.

Fiat cars with no-deposit finance

Ford no-deposit finance deals

Not only does Ford offer a wide range of cars without a deposit, but it also offers them as a PCP or HP agreement. This includes the Ford Fiesta, one of Britain's most popular cars.

Ford cars with no-deposit finance

Honda no-deposit finance deals

No-deposit finance is available on most of the Honda range, including the Honda e electric city car and the CR-V SUV.

Honda cars with no-deposit finance

Hyundai no-deposit finance deals

Hyundai’s popular 'i' range of hatchbacks is largely available without a deposit, as are its popular Tucson and Santa Fe SUVs. The latest Ioniq 5 is on the list too if you fancy something with green credentials.

Hyundai cars with no-deposit finance

Jaguar no-deposit finance deals

Jaguar offers no-deposit finance on PCP and HP deals, plus its latest SUV/crossover range get in on the action too.

Jaguar cars with no-deposit finance

Jeep no-deposit finance deals

Jeep's rugged SUVs can be bought with no-deposit finance.

Jeep cars with no-deposit finance

Kia no-deposit finance deals

Every car in Kia's range comes with the option of no-deposit PCP finance, and it's also offered with Conditional Sale finance - virtually identical to HP - on most models.

Kia cars with no-deposit finance

Land Rover no-deposit finance deals

Most of the Land Rover and Range Rover range is available with zero-deposit monthly finance – including the tough-looking new Defender.

Land Rover cars with no-deposit finance

Lexus no-deposit finance deals

Lexus offers its complete range of cars on PCP agreements without a deposit. The brand has an excellent reliability record and its cars are increasingly distinctive.

Lexus cars with no-deposit finance

Mazda no-deposit finance deals

Mazda’s entire range of cars, including the MX-5 sports car, CX-5 SUV and MX-30 electric SUV are all available with zero-deposit finance.

Mazda cars with no-deposit finance

Mercedes no-deposit finance deals

Mercedes makes a huge range of cars, from the compact A-Class to the gargantuan seven-seat GLS SUV. All these, including the C-Class and E-Class executive saloons, can be had with nothing up front. Only the boxy G-class is unavailable with zero-deposit finance.

Mercedes cars with no-deposit finance

MG no-deposit finance deals

The MG line-up has been expanding of late, and the Chinese-owned brand now offers everything from the MG3 supermini to the MG HS SUV. It even sells two electric models, the MG5 estate and the MG ZS SUV.

MG cars with no-deposit finance

Mini no-deposit finance deals

No-deposit PCP finance is available across the Mini range, from the classic Hatchback, to the family-sized Clubman and Countryman models.

Mini cars with no-deposit finance

Nissan no-deposit finance deals

Nissan has a good range of cars available without a deposit, including the Leaf electric car and popular Qashqai crossover. Sadly, the high-performance GT-R does require a deposit.

Nissan cars with no-deposit finance

Peugeot no-deposit finance deals

All new Peugeots are available with no deposit, including its highly-rated 3008 crossover and the affordable 208.

Peugeot cars with no-deposit finance

Polestar no-deposit finance deals

Volvo spinoff Polestar's '2' electric car is available on finance with no deposit.

Peugeot cars with no-deposit finance

Porsche no-deposit finance deals

A brand new Porsche delivered to your door with nothing to pay in advance? It's possible, although the affordability checks will require a decent income.

Porsche cars with no-deposit finance

Renault no-deposit finance deals

Among the Renaults available for no deposit are the practical Kadjar as well as the electric Zoe.

Renault cars with no-deposit finance

Seat no-deposit finance deals

Seat offers zero-deposit finance via a PCP agreement on a wide and varied selection of its cars, including the excellent Ibiza, Leon and Ateca SUV.

Seat cars with no-deposit finance

Skoda no-deposit finance deals

Skoda values itself on offering superb value-for-money, and with zero deposit agreements, some of the deals are even more affordable, including those for the new Enyaq (above).

Skoda cars with no-deposit finance

Suzuki no-deposit finance deals

Suzuki’s most popular models are included on this zero deposit list, including the new Swift (above), and its performance version, the Swift Sport.

Suzuki cars with no-deposit finance

Tesla no-deposit finance deals

Buyers can finance their Teslas with no deposit, including the popular Model 3 and new Model Y.

Suzuki cars with no-deposit finance

Toyota no-deposit finance deals

No-deposit PCP finance agreements are offered by Toyota on all of its cars, from the Aygo city car to the imposing Land Cruiser and sporty GR Supra.

Toyota cars with no-deposit finance

Vauxhall no-deposit finance deals

Vauxhall offers all of its models with no-deposit PCP agreements. For a number of models, it may be possible to combine this with a 0% APR deal that runs over five years. The Corsa is one of the best-value models.

Vauxhall cars with no-deposit finance

Volvo no-deposit finance deals

Volvo offers no-deposit finance across its entire range of cars, including the new XC60 and XC90 SUVs.

Volvo cars with no-deposit finance

*Representative PCP finance - Ford Fiesta:

48 monthly payments of £192
Deposit: £0
Mileage limit: 8,000 per year
Optional final payment to buy car: £2,923
Total amount payable to buy car: £11,926
Total cost of credit: £2,426
Amount borrowed: £9,500
APR: 9.9%

BuyaCar is a credit broker, not a lender. Our rates start from 6.9% APR. The rate you are offered will depend on your individual circumstances.

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