A deposit is not necessary to quality through Rapid Finance. The deposit required for a car loan may vary based on the loan amount you need for the vehicle and your financial situation. Rapid Finance offers car loans with flexible deposit options, and our team can provide guidance on the deposit amount that suits your needs. Having a deposit saved can often help us get your loan application approved, as there is less risk to the lender, and you have proof that you can save and manage your finances. However, a deposit is not necessary. See our 'no deposit car loans' page for details.