There is no such thing as a deposit in leasing; it's called an initial payment, which is non-refundable. Initial payments are multiples of the monthly payment. But you can choose to pay just a one-month initial payment at the start of the contract, instead of three, six or nine months' worth. These are the lowest initial payment terms we have on Leasing.com and ensure you can get a new car without having to pay thousands of pounds upfront.