Assuming your credit profile is
|Car finance rate||XX% APR|
|Cost of credit||£ XXX|
|Total repayment||£ XX,XX.XX|
|48 monthly payments of||
£ 245 /mo
Representative example - Borrowing £5,500 over 4 years with a representative APR of 19.8%, and a deposit of £0, the amount payable would be £162 per month, with a total cost of credit of £2,282 and a total amount payable of £7,782.
When getting accepted for 0% finance, the lender will check your credit history to decide how much credit may be advanced to you. This will establish the interest rate that will be charged and the monthly payments. The lender also decides if a 0% deposit may be offered to you.
When applying for a no deposit car loan with Carplus, you can get the best rates that might not be available anywhere else, you can buy any car from any reputable dealer, we will get the right deal for you and of course you will get a no obligation quote before committing to the loan.
We have exclusive deals with different car finance lenders, so we might offer a range of loan packages, including no deposit finance.
Our customers are happy with the wide range of car loan deals we offer them by comparing the best car finance products from top lenders.
You can transform your life and buy a car of your dream for work or leisure for monthly payments that will suit your budget.
We can finance anything between £2,000 and £50,000 for new or used car purchase. If you wish to get accepted for a no deposit car loan, apply now for a no obligation quote and find the cheapest deal from one of our lenders.
The longer the repayment term, the lower the monthly payments are. We aim to offering you a bespoke car finance deal to ensure that payments will meet your expectations and budget.
Borrowing £7,500 over 4 years with a representative APR of 10.5%, an interest rate of 10.5% and a deposit of £0, the amount payable would be - £190 per month, with a total cost of credit of £1,635 and a total amount payable of £9,135.