0% Car Finance Deals

What is 0% car finance?

Discover the advantages of purchasing a vehicle on 0% Finance. This financing option allows you to spread payments over an extended period of time, without incurring any interest or additional fees. Unlike other finance options, 0% Finance makes owning a vehicle more affordable by eliminating the cost of borrowing. You are essentially just splitting the price of the car into more manageable monthly payments.

APR stands for Annual Percentage Rate and is how much it costs you to borrow money and includes interest rates and additional fees - this is usually added onto the monthly payment of the item you purchased. It's important to note that 0% Finance is not a standalone finance type, but rather a variation of Personal Contract Purchase or Hire Purchase without the interest. Take advantage of this appealing option, offered in select circumstances, to make your vehicle purchase more feasible and to help no matter what your budget.

Although this type of finance on a car may seem too good to be true and are usually rare and hard to come by, here at Swansway, we believe everyone should be able to afford their dream car. If you’re unsure whether a 0% car finance offer would be right for you, you can get in touch with us today to talk through some of your options or find out if this is the route you should go down.

Requirements for 0% finance

One of the most significant requirements is having a good credit score, as it indicates to the lender that you're financially responsible and capable of paying back the loan. Another requirement might be a sizable deposit to offset the risk associated with 0% APR financing - the deposit requirements are set by the manufacturer or lender. Be sure to research and understand the requirements before committing to a deal. If you meet the criteria, you could save thousands of pounds in interest charges and drive away in a brand new car stress-free!

There are plenty of other options if you don’t meet the requirements of this finance scheme - you can also take a look at our other finance options so that you don’t miss out on your next car. Be sure to contact us if you have any questions or if you’d like to find out more about this scheme or others.

Which finance products are offered with 0%?

Different manufacturers release different 0% deals sporadically. These 0% deals can be applied to either a Hire Purchase or Personal Contract Purchase agreement. The option you pick will depend on what kind of ownership you want. Contact one of our Swansway dealerships for more information on new car finance and 0% finance offers today and see if you could be eligible.