A no deposit car lease is the same as any other car leasing agreement, but with no large upfront payment. Your monthly rentals are likely to be slightly higher as a result, but you don’t have to pay a hefty initial rental. Please choose 1 month initial rental on enquiry.
Some of our hottest no deposit lease deals are below.
A good credit score will be from around 700 or above. A leasing company will see you as less risky to lend against the better your credit rating is: it will say you’re more likely to be relied on to make payments in full and on time.
Having a no deposit term on a leasing agreement is becoming more popular as customers want to have more flexibility with their finance options. Monthly rates on these types of lease may be higher, but you’ll pay the same amount each month from the first instalment.
Some UK leasing companies may not call these no-deposit deals, as they will take the first monthly payment as the deposit - but they’re still the same leasing offers. So, with a 24-month contract, the rental profile may say 1 + 23 months, rather than 3 + 23 months. As with all leasing deals, you may also want to add servicing and maintenance costs to your agreement. This will increase your monthly payments but it does ensure most of your motoring costs are budgeted - so there will be no financial surprises.
Some leasing companies use different terms, but they all mean the same thing: you don’t have to pay a large lump sum at the start of a leasing agreement.
If your company accounts are in good order, with a strong trading history, then you can ask leasing companies for a custom quote on no deposit agreements to see what deals are available for a business car lease.
You may not have the available cash to make a substantial up-front payment at the start of a new agreement. But you can rest assured that your monthly lease rentals will always be the same amount.
Zero deposit leasing is not for everyone. It should also be noted that the monthly lease rental is likely to be greater each month than a car lease with an upfront payment. But if you don’t have plenty of spare cash, it’s a really affordable way to start leasing a new car.
A no deposit lease is simple and easy with Intelligent Car Leasing. Remember to check out our latest special offers for some great deals.
We understand that you may require flexibility in terms of how much you can afford to pay upfront. That is why we offer a no deposit option on all our lease offers. Simply select '1 month initial rental' on enquiry.
The monthly rental with a no deposit lease is likely to be higher each month than a car lease taken with a higher initial rental. Your monthly payment will however stay the same for the entire lease agreement.
All vehicles leased from Intelligent Car Leasing are brand new. They are sourced from our extensive network of franchised dealers. The vehicles are also delivered free of charge straight from our dealers.
With Intelligent Car Leasing you can choose from a range of options to suit your needs. This includes deposits and initial rentals with 1 month, 3 months, 6 months, 9 months or 12 months up front. Remember the more you pay upfront the lower your ongoing monthly payments will be.
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