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
Sep 21, 2021

Seduced by a low monthly payment in an advert only to find a huge £10,000 deposit is needed to get the advertised rate? You're not the only one. Many sneaky car manufacturers try to make their finance look good by hiding costs in an enormous upfront payment. Don't worry if you haven't got thousands stuffed under the mattress, though, more and more companies are now offering zero-deposit finance, too.

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 offers 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 sporty ‘S’ and ‘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 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. Two models are currently available without a deposit, the DS 3 Crossback and the DS 7 Crossback.

DS cars with no-deposit finance

Fiat no-deposit finance deals

Fiat 500 Side

All Fiat models are available without a deposit. This includes the 500 Hybrid and the new electric 500, as well as larger Fiat models such as the 500X SUV and Tipo family hatch.

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, the CR-V SUV and the high-performance Civic Type R.

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 hybrid Ioniq, which is also available in an electric version, 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. The only model not available with no deposit is the electric I-Pace.

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. The only exception is the full-size Range Rover, which is not available without a deposit.

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. Only the electric Mini misses out on the zero-deposit finance offers.

Mini cars with no-deposit finance

Mitsubishi no-deposit finance deals

Mitsubishi offers no-deposit options with all of its cars, including the plug-in hybrid SUV Outlander PHEV, pictured above. No deposit deals with PCP finance have to be for a minimum term of 24 months though.

Mitsubishi 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 108.

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 (above), Leon and seven-seat Alhambra.

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 Karoq (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

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 GT86 (above).

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, you can combine this with a 0% APR deal that runs over five years. The Corsa (above) is one of the best-value models.

Vauxhall cars with no-deposit finance

Volvo no-deposit finance deals

Volvo XC40 front three quarters view

Volvo offers no-deposit finance across its entire range of cars, including the new XC40 SUV (above) and V60 estate.

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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