The first option is to pay for the car using a personal loan. GetCarFinanceHere can compare the market to get you a deal with no initial deposit and affordable monthly payments.
Alternatively, you can choose an arrangement called a Personal Contract Purchase (PCP). You pay a monthly amount over the course of the agreement, which typically runs for between 2 and 4 years; at the end of the agreement, you have a choice of returning the vehicle, making a ‘balloon payment’ to take ownership of the car or arranging a new PCP finance agreement.
This is a simple explanation of the main types of nil deposit car finance, but there are many flexible options out there tailored to meet your circumstances. Get a quote today and let us find you cheap car finance with no deposit!