No deposit on a PCP or low? Can it be done?

[anonymous-user]

I know some off here say PCP for new and cash for used. Has anyone ever managed to get a low or no deposit PCP on a nearly new car? I guess you could consider it used with a second owner although it has 140 miles on the clock.

I read somewhere that on a PCP general rule of thumb is every £1000 knocks off £10 from the monthly payment.

Hope it makes sense. Curious.

[Butter Face]

Depends on the term but every £1000 on a 48m agreement is about £20pm saved, £33 on a 36m term.

The deposit doesn’t affect the GFV so more deposit = less borrowed so lower payments.

You can do low/nil deposit as long as the finance company accepts it.

[anonymous-user]

Thanks. I’ve put my request across to the dealer let’s see what they respond with. There are some decent offers out there at the moment. For example, the impulse offer on the M140i.

[Gareth1974]

Saw this one the other day from Jaguar, £329 deposit and then 4 years 0%, Jaguar XE R-Sport https://www.stratstone.com/new-cars/jaguar/xe-2-0-...