What is the minimum deposit to buy a car?
However, it can help with the approval process and will ultimately lower the amount on your repayments and overall interests if you can pay part of your car off upfront. Some lenders will insist on a deposit of 10-20%, while others will allow you to take out a loan on the entire value of the car. Yes, it’s possible to get car finance without having to pay a deposit. Fewer lenders offer zero deposit agreements so it may take some digging.
What’s the oldest used car you should buy?
A car that is more than 10 years old may lack modern safety features such as adaptive cruise control, lane-keeping assist, or advanced airbag systems, which are becoming standard on newer models. If safety and technology are priorities for you, then a vehicle older than a decade might not meet your needs. Toyota and honda models are often considered to be the safest older cars, as both manufacturers have a long history of producing reliable and safe vehicles. The toyota corolla, honda civic, and honda accord are all good options if you’re looking for a safe car that is also reliable.