Is zero deposit car finance more expensive than putting down a deposit?

In short, yes – but let's break it down properly. Because you're borrowing the full value of the car rather than just a portion of it, your monthly payments will be higher, and you'll pay more in interest over the life of the agreement. 

However, for many people, the benefits of not needing to find a large lump sum upfront outweigh the extra cost. It all depends on your personal circumstances and priorities. We'll always show you a comparison so you can see the difference and make an informed decision that works for your budget.