What is 0% Finance?
Purchasing a vehicle on 0% Finance allows customers to spread payments over an extended period of time, like other finance options. However, the main benefit of 0% Finance is that customers won't be charged any interest or additional fees for this period. Therefore, 0% Finance is a very appealing option which can make purchasing a vehicle a lot more affordable.
0% Finance isn't a finance type of its own. It is simply Personal Contract Purchase or Hire Purchase without the interest, and is only offered in certain circumstances.
Frequently Asked Questions
Customers will need to consider whether Personal Contract Purchase or Hire Purchase is more suitable for their requirements. Once deciding on the finance type customers will need to apply for 0% Finance, if it is available on the product they are purchasing.
- Full name (and previous name if applicable)
- Date of birth
- Marital status
- Residential status
- Address history for the past three years
- Bank details
- Proof of identity (e.g. a valid UK passport)
- Proof of current address (e.g. a utility bill dated in the past three months with full name and current address on it)
- Valid, full UK driving licence
Will I get accepted for 0% Finance?
Customers are more likely to get accepted for 0% Finance if they have a strong credit score. In addition to application details, financial lenders will use information from credit reports to determine whether to accept the finance application. Free credit scores can be accessed from companies such as Experian, Equifax and Transunion to give a rough idea of how likely lenders are to offer finance.
Young drivers may find it more difficult to be accepted for finance unless they have a strong credit history, as lenders are unable to determine the ability of a customer to make repayments.
It is possible that customers will end up paying higher monthly repayments if opting for 0% Finance as they are can sometimes be limited to a shorter period of time compared to other finance options. However, this is not always the case.
0% Finance New Car Deals
0% APR Offers
0% APR Representative* and up to £500 contribution towards your deposit on selected Nissan vehicles.
0% APR* PCP Offers on Citroën Aircross SUV Range
Citroën Aircross SUV range available with low deposit & 0% APR Representative PCP Offers.
Go Hybrid - 0% APR with Kia
Enjoy 0% APR, your First 2 Services Free and 2 Years RAC cover when when you purchase a new Kia Hybrid before 28th February 2021.
No Interest. Interested?
Take advantage of 0% APR representative on selected new car models across the Ford range.
Upgrade and Save £1,000 on a new Ford car
Combine 0% APR Finance with a £1,000 upgrade saving on selected brand-new Ford models.
CHOOSE Vauxhall this Spring
0% APR, £0 Deposit & £0 To Pay For 3 Months
0% Finance New Van and Pickup Deals
0% APR* finance offer on Renault Vans
Experience innovation and 5 Years 0% APR* across the Renault Commercial Vehicle range.
0% HP Offers on New Citroen Vans
Citroen Vans available with 0% APR Representative HP - Prices include VAT and Road Fund Licence and there is no mileage limit.
No Interest. Interested?
Take advantage of 0% APR representative on selected new commercial vehicles across the Ford range.
Van Super Zeroes
Evans Halshaw Vauxhall is here to help keep moving your business forward with 0% Interest and £0 to pay for 3 months.
Upgrade and Save £1,000 on a new Ford van
Upgrade your current van for a new Ford and save £1,000 (exc VAT).