No Deposit Car Leasing Deals
Looking for a no deposit car leasing deal? At LetsLease, we make it easy to drive away in a brand new vehicle without any upfront payment. Whether you are a business or personal customer, our no deposit lease options mean you can spread the cost monthly with no large initial outlay. Choose from a wide range of cars, including electric and hybrid models, all available with flexible contract terms and nationwide delivery. Get a quote today and find out how simple and affordable leasing can be with no deposit required.
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Frequently Asked Questions About No Deposit Car Leasing
No deposit car leasing is a way to lease a brand new car without paying a large upfront cost. You simply start your contract by paying the first monthly rental, with nothing extra due at the beginning. This makes it easier to spread the cost and get on the road sooner.
Instead of paying an initial rental of 3, 6 or 9 months upfront, you begin with just the first monthly payment. From there, your fixed monthly cost continues for the duration of the lease. The deal includes road tax, and many options include maintenance.
No deposit lease deals are available on a wide range of cars including electric vehicles, hybrids, petrol and diesel models. Offers vary depending on vehicle availability and finance provider criteria, but our team will help find one that suits your budget.
Yes. Many of our no deposit offers include electric cars like the Hyundai Ioniq 5, MG4, or Tesla Model Y. These are ideal for drivers looking to keep upfront costs low while benefiting from lower running costs and Benefit in Kind tax savings.
To be eligible for a no deposit lease, you will usually need:
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A good credit score
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Proof of income or employment
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UK residency for at least three years
- No large upfront payment
- Easier budgeting with fixed monthly costs
- Access to better cars without tying up cash
- Delivery included across the UK
- Ideal for personal or business use
Learn more about business car leasing
- Monthly payments will usually be higher than deals with a deposit
- Not all vehicles or trims will qualify for zero deposit
- A good credit profile is essential to get approved
- You do not own the vehicle at the end of the lease
We’ll help you compare your options to make sure it’s the right fit.
Yes. You can add an optional maintenance package to cover servicing, tyres, and general wear and tear. This keeps your running costs predictable and is available on most lease contracts, even with no upfront payment.
Yes, we offer no deposit business leasing to sole traders, limited companies, and partnerships. If you are VAT registered, you may be able to claim back a portion of the monthly payments, depending on vehicle usage.
View our business leasing guide