No deposit van finance calculator

Rates from 8.9% APR: the exact rate you will be offered will be based on your circumstances, subject to status.

Representative APR 22.4%.

Representative example: borrowing £7,500 over 5 years with a representative APR of 20.25%, an annual interest rate of 20.25% (Fixed) and a deposit of £0.00, the amount payable would be £192.84 per month, with a total cost of credit of £4070.40 and a total amount payable of £11,570.40.

We will always provide the best rate from our panel of lenders and based on your individual circumstances. We do not charge any fees for our service. But we earn a commission from the lenders we work with. This does not affect the interest rate you will be offered.

In the majority of cases when taking out van finance, a deposit of at least 10% is required when purchasing on a Personal Contract Purchase (PCP) or a Hire Purchase (HP) contract.

The deposit is paid to help get approval from lenders and also reduces the amount you would have to pay per month in repayments.

Zero deposit van finance is an alternative affordable way to get the van that you want. With our no deposit van finance options, you don’t necessarily need to pay a hefty deposit to secure your van finance.

Choosing a zero deposit option allows you to spread the full vehicle cost over the course of your finance plan in affordable monthly instalments.

How can I get van finance without a deposit?

The process of securing van finance without a deposit is simple and straightforward, similar to any other type of finance with us.

There are three different options for zero deposit van finance plans:

Why choose no deposit van finance?

We are a registered broker in the UK and authorised by the FCA, and we are passionate about offering transparency and the best no deposit van finance deals possible matched to our customers’ individual circumstances.

We work with car finance partners in the UK and have an approved list of dealers to make sure that you are offered the best rates, with no hidden or inflated fees.

We also believe that having a poor credit rating shouldn’t hinder your application, so despite having bad credit you still could be eligible for no deposit van finance.

No deposit van finance FAQs

A no deposit van finance plan works in the same way as any other van finance. This particular type of van finance works by spreading the cost of a deposit over a period of time that suits you.

Conditions can vary depending on the lender.

No deposit van finance deals are available for a wide range of both new and used vans.

Some lenders may have certain conditions in place which only allow you to loan money for a van that’s over a certain age or mileage.

If you’re looking for a new van but would find it difficult to put down a deposit, then zero deposit van finance could be a good option for you.

Zero deposit van finance offers a more flexible and affordable way to drive away with a van of your choice without a hefty deposit weighing heavily on your shoulders.

However, not paying an initial deposit will most likely increase the cost of your monthly instalments so that is worth keeping in mind.

The main advantage of zero deposit van finance is that it gives you the chance to avoid paying the upfront sum at the start of the contract.

This means you may be more likely to afford a newer or better van than if you were to pay a large deposit upfront.

A disadvantage of no deposit van finance is that due to there being no upfront cost, the monthly payments made will usually be higher and the payment plans could be longer.

A longer and more expensive payment plan could mean in the long run that you will end up spending more on interest over the course of the loan repayments.

Apply for your no deposit van finance today!

The online application for no deposit van finance takes a few minutes, and we won’t ask for any unnecessary information. The initial application will not affect your credit score.

Once you complete your application, our friendly customer service team will be in contact with you to discuss the next steps.

Interested in our no deposit van finance options? Alternatively, you can also check out our other van financing options, bad credit van finance and used van finance.

*representative APR of 22.4%