No Deposit Car Finance Deals

No Deposit Car Finance Deals

Blog / No Deposit Car Finance Deals

08/02/2019

Here at Rix Motors, we want to ensure that our customers are able to benefit from the very best car finance deals possible. A key part of this comes in the deals that we offer where there is no deposit payment required, as this can prove to be extremely beneficial for drivers new and old, for reasons that we will now explain in further detail.

First of all, the fact that no deposit is required means that you will not have to fork out a significant amount of money prior to the deal officially beginning. Indeed, you will only have to concentrate on the regular fixed payments, which will generally become easier as time goes on once it becomes routine. A major deposit may come as a bit of a shock and ultimately impact your finances in the short-term, which could potentially impact what deals you can go for depending on your current situation. Therefore, the removal of this deposit can only be a good thing.

Secondly, by not having to find a deposit, you can also enter into a car finance agreement quicker. If you needed to find, say, £600 or £700 in a deposit within a couple of days, when you factor in the likes of a mortgage and other bills that you need to pay, then this may be easier said than done. But if a deposit is removed, then you would only need to find £250-£300 or so a month, and you would have a full month to do so, which is a far more pleasant scenario to imagine. So, not only does a deposit make a finance plan more feasible, but it also allows such a deal to be green-lit a lot quicker.

The final benefit of a car finance deal without the need to pay a deposit is the fact that you will be able to plan other finances for the months ahead with more confidence. Let’s say that you were in the middle of purchasing a major household appliance, or perhaps new furniture for the home, either imminently or within the next few months. The requirement of a deposit for a car purchase could delay or even deny such purchases being made, at least in the short-term. Without the deposit, though, you can not only move forward with a car purchase more easily, but you can also forge ahead for other important purchases unimpeded.

These are the key reasons why a no deposit car finance plan is extremely useful for customers. We offer finance for all car makes in our stock including and not limited to Mercedes, Audi, Land Rover, BMW etc. 95% of our vehicle can be procured on a  no deposit low rate finance deals. Apply today for a No obligation quote, Want to know more? Call us on 01925 230360.

Finally, of course, you are welcome to visit our luxury used car dealership in Warrington, Cheshire. You’ll find us on Hawleys Lane (WA2 8JP is the postcode to put into your satnav) and we are open 9am-8pm weekdays, 9am-6pm Saturdays and 10am-6pm on Sundays.

Back to blogs