No Deposit Car Leasing Deals
Not every customer has the money to put down a large initial payment when leasing and many simply don't want to, which is why we offer no deposit car lease deals. While historically this was something that was only accessible to a few, leasing a car with no deposit has now become more widely available. We're happy to say that we can offer a car lease with no deposit to anyone, providing they pass a credit check and are accepted by the agreed finance partner.
50 models
What is No Deposit Car Leasing?
Also known as ‘0 deposit car leasing’ or ‘no deposit car finance’, we offer our customers the ability to pay the same amount every month for the duration of their contract. This is done by making the initial payment equal to one month’s repayment and all subsequent payments the same as that.
As this makes the monthly payments higher, and therefore makes it slightly riskier a no deposit lease requires a few things for a contract to be approved. This includes a good to excellent credit score, a background check conducted by ourselves or the finance company and approval, then we will be able to offer a contract.
Related: In Stock Car Leasing
What are the Benefits of No Deposit Car Leasing?
▪ Nothing to pay for 30 days
▪ Delivery service included
▪ Nationwide deals
▪ A huge selection of new cars
What Lease Cars are Available with No Deposit?
You can rent any car with a no deposit lease deal. Simply put, you’ll reduce your initial payment to one month’s worth of your repayments. For example, this means you could get something like a Range Rover Evoque no deposit lease on a 24-month deal and, rather than putting down more initially to make the monthly payments lower, you pay the same in month one as you do for the rest of the term, which will make all of the payments the same, including that first one.
Can You Lease a Car Without Putting Any Money Down?
Absolutely! No deposit car leasing allows you to pay for a leased vehicle once a month without putting a large amount of money down as an initial payment. Therefore, your first payment will be your first monthly payment.
Personal & Business No Deposit Car Leasing
If you are considering a lease, our low initial payment leasing deals could be exactly what you’re looking for. There are special offers on both manual and automatic cars across petrol, diesel, hybrid, and electric lease cars. All of these are available on our no deposit lease deals.
The one-month initial payment lease is only available by contacting one of our account managers and requesting a quote. This means that if you are considering a no deposit deal, you’ll have to get in touch.
Below are some examples of a no deposit car lease for both private leasing and business leasing. Showing the change in monthly premium, paying the same every time when compared to small first payments, and larger payments to lower the monthly cost.
Prices are based on the Mercedes-Benz A200 AMG Line Hatchback and are correct at the time of publishing 04/19
Car Leasing
|
Deal Terms |
1 Month initial payment |
3 Months initial payment |
6 Months initial payment |
9 Months initial payment |
12 Months initial payment |
Total cost for contract |
|
10000 Miles p/a 2-year deal |
£402.98 & £402.98 per month |
£1115.94 & £371.98 per month |
£2000.99 & £333.50 per month |
£2720.10 & £302.23 per month |
£3315.93 & £276.33 per month |
£9,671.48 |
|
10000 Miles p/a 3-year deal |
£351.99 & £351.99 per month |
£1000.39 & £333.46 per month |
£1854.39 & £309.06 per month |
£2591.93 & £287.99 per month |
£3235.32 & £269.61 per month |
£12,671.49 |
|
10000 Miles p/a 4-year deal |
£325.62 & £325.62 per month |
£937.76 & £312.59 per month |
£1769.37 & £294.89 per month |
£2511.87 & £279.10 per month |
£3178.86 & £264.91 per month |
£15,629.49 |
Business Car Leasing
|
Deal Terms |
1 Month initial payment |
3 Months initial payment |
6 Months initial payment |
9 Months initial payment |
12 Months initial payment |
Total cost for contract |
|
10000 Miles p/a 2-year deal |
£335.81 & £335.81 per month |
£929.95 & £309.98 per month |
£1667.50 & £277.92 per month |
£2266.75 & £251.86 per month |
£2763.28 & £230.27 per month |
£8,059.49 |
|
10000 Miles p/a 3-year deal |
£293.33 & £293.33 per month |
£833.66 & £277.89 per month |
£1545.32 & £257.55 per month |
£2159.94 & £239.99 per month |
£2696.10 & £224.67 per month |
£10,559.81 |
|
10000 Miles p/a 4-year deal |
£271.35 & £271.35 per month |
£781.47 & £260.49 per month |
£1474.47 & £245.75 per month |
£2093.22 & £232.58 per month |
£2649.05 & £220.75 per month |
£13,024.50 |
Frequently Asked Questions
The short answer is yes. Zero deposit car leasing doesn’t necessarily exist, with All Car Leasing® the initial payment is reduced to 1 month. What this means is that a no deposit lease would make all of your monthly payments the same, with the initial payment being the same amount as the rest of the months, instead of larger. This is available on lease deals that last 24, 36 or 48 months.
It’s worth noting that the initial payment for a lease deal is often not referred to as a deposit, to avoid any confusion as the payment is not returned at the end of the contract period.
The initial payment for a car lease is a lump sum paid to the leasing company after receiving the delivery of the car. This initial payment sometimes referred to as a deposit, is used to reduce the amount paid monthly over the terms of the contract.
The total cost of a contract where you’ve made an initial payment equivalent to 3, 6, 9, or 12 months would be almost identical to the overall cost of a lease where you’ve only made one month’s initial payment. It mainly changes the amount you have to pay each month.
The cheapest car to lease with no deposit will vary. You’ll need to browse our deals to find the cheapest lease deals on offer and then talk to our sales team. Generally speaking, it’s smaller cars, such as city cars, that are cheaper to lease, which would also make them cheaper to lease with no deposit. Check out our special offers to find the cheapest lease deals.
While no deposit car lease deals are more widely available than they used to be, they are generally reserved for people with a good or excellent credit score. This is for a number of reasons. Without a deposit, you’re entering a deal still owing the lender a significant amount more than when you’ve paid a larger initial fee. You also need to be able to prove that you can afford to pay larger monthly sums, and generally, someone with a good or excellent credit score will be able to show this.