Best 0% APR car finance deals - November 2023

0% car finance deals can be a great way of getting into your ideal car for minimal outlay. Here are the best interest free cars we've found.

Given the difficulties in the car market, from parts shortages to supply issues, rising interest rates and more, you’d be forgiven for thinking the days of the 0% car finance deal were done.

While zero per cent interest on PCP finance deals is certainly nowhere near as prevalent as it was five years ago, there are still really good offers available if you shop around and remain flexible with your choice of car.

So what is all the fuss about a 0% car finance deal? It is a deal with a difference.

Unlike most Personal Contract Purchase (PCP) agreements which incur interest (APR) over the duration of the contract, which has the knock-on effect of increasing your monthly payments, a 0% finance deal ensures you have no interest to pay for the duration of the agreement.

This means monthly payments are more affordable and you’re only paying for the cost of the car.

If you can find a 0% car finance deal, you can save plenty over the duration of the PCP agreement, so they’re worth hunting down.

That’s where this page comes in, too. We highlight the cheapest car finance deals you can get your hands on. They may not all be 0%, but we’ll try to find the best offers available that keep those pesky monthly payments down.

After more deals on new cars? Check out our round-up of all the best new car deals around. 

0% APR Car Finance Deals - A-Z by Car Maker

Here's a list of 0% APR deals being offered by carmakers right now. Not all carmakers offer 0% finance, but if a deal pops up, we'll feature it here.

Alfa Romeo

  • Alfa Romeo Giulia, Stelvio and Tonale models are available with 0% APR when you put down a minimum 35% deposit on PCP

Citroen

  • Citroen C3, C3 Aircross, C4, C5 Aircross and C5 X all available with 0% APR when you put down a minimum 40% deposit PCP

Cupra

  • Selected Cupra Born, Formentor, Leon and Ateca models are currently available with 0% APR for three years when you purchase with Solutions PCP

Ford

  • Ford Focus, Puma and Kuga models available with 0% APR on 24 month Ford Options PCP
  • Ford Mustang Mach-E Premium AWD available with 0% APR on 48 month Ford Options PCP

Hyundai

  • Hyundai Ioniq 5 and Ioniq 6 available with 0% APR when you put down a minimum 10% deposit PCP over 24 months

Jaguar

  • Jaguar I-Pace EV currently available with 0% APR through Jaguar PCP

Jeep

  • Jeep Compass is on 0% APR hire purchase with a minimum 40% deposit through Jeep Conditional Sale. Three years' servicing is thrown in, too

Mazda

  • Mazda MX-30 is available on 0% APR PCP over three or four years. Three years' servicing and a half price home charger are included.

Mercedes-Benz

  • Mercedes EQC available with 0% APR and £9600 discount on Agility PCP
  • Mercedes EQE saloon, EQA and EQB all 0% APR and get a £1000 discount on Agility PCP

MG

  • MG4 SE, Long Range and Trophy Long Range available with 0% APR when you put down a minimum 30% deposit PCP
  • MG ZS Petrol Exclusive available with 0% APR with 30% deposit

Nissan

  • Nissan Leaf 39kW Shiro and N-Connecta available with 0% APR when you put down a minimum 25% deposit PCP

Peugeot

  • Peugeot e-208 and e-2008 available on up to 4 year PCP, with 0% APR with no minimum deposit PCP and three years' free servicing

Renault

  • Renault Austral, Megane E-Tech, Arkana, Zoe and Clio are all available with 0% APR on 24 month PCP agreements

SEAT

  • SEAT has 0% APR deals across the range. The Ibiza, Ateca, Tarraco, Arona and Leon are all 0% over three years on Solutions PCP

Skoda

  • Skoda Enyaq iV and Enyaq Coupe iV EVs are both available with 0% APR on 24 month PCP agreements

Suzuki

  • Suzuki S-Cross available with 0% APR on a 25-month PCP agreement with a minimum 20% deposit

Tesla

  • Outgoing new Tesla Model 3s available pre-configured from stock at 0% APR on all PCP agreements

Toyota

  • Toyota bZ4X electric SUV available with 0% APR and a £500 deposit contribution on PCP

Vauxhall

  • Vauxhall's entire car range - Corsa, Astra, Mokka, Grandland, Crossland and Combo Life - is available with 0% APR on 24 month PCP agreements with a 30% deposit

Volkswagen

  • VW ID.4 and ID.5 electric SUVs available with 0% APR on Solutions PCP agreements up to 36 months, with a minimum 5% deposit

Volvo

  • All but the new Volvo EX30 and EX90 can be bought with Volvo Loan hire purchase at 0% APR with a 50% deposit over 24-48 months

0% APR Car Finance Deals

Our round-up of the best 0% APR deals allows you to make the most from attracting no interest charges on a PCP agreement. We update this page every week to make sure we bring you the best deals.

Volkswagen ID.4 Life 52kWh Pure

0% APR: 3 year PCP @ £415 a month

Volkswagen ID.4 Life

The Volkswagen ID.4 doesn't shout about being an all-electric SUV, and for many buyers that's part of the appeal. A spacious interior, although sadly not with the option of seven seats, plus a decent range make the ID.4 an ideal choice if you want the switch to electric power to be as painless as possible.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£5886.70 35 x £415 (£15,525) £18,573.30 £38,985 10,000 2nd January 2024

 

Ford Puma ST Line X 1.0 EcoBoost 125PS

0% APR: 2 year PCP @ £290 a month

The Ford Puma is one of the UK's most popular cars, and with good reason. It's good to drive, well equipped especially in the mid-range ST Line X trim level on offer here, and it's affordable to buy and run. This two-year PCP deal is available through Ford Options and has 0% APR.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£5746 24 x £290 (£6960) £15,659 £28,365 9000 31st December 2023

 

Vauxhall Mokka (All Models)

0% APR: 2 year PCP @ £139 a month (min 30% deposit)

Vauxhall Mokka

The distinctively designed Vauxhall Mokka is just one of Vauxhall's models currently offered with 0% APR on 24-month PCP deals, provided you stump up at least a 30% deposit. However, that also has the effect of lowering the monthly payments, making cars like this Mokka pretty affordable.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£8110.50 23 x £138.72 (£3190.56) £15,734 £27,035 6000 Ongoing

 

Nissan Leaf 39kWh 150PS Shiro

0% APR: 37 month PCP @ £263 a month + £250 deposit contribution

Nissan Leaf

The Nissan Leaf is one of the old stagers when it comes to electric cars, as it was first introduced all the way back in 2010 and is now in its second generation. That's also good for deal hunters, as rivals have caught up, leading Nissan to offer the Leaf Shiro on a 0% APR PCP deal with £250 towards your deposit.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£7124 36 x £263 (£9468) £11,668 £28,495 8000 29th December 2023

 

Mercedes EQC 400 4MATIC AMG Line

0% APR: 4 year PCP @ £773 a month +£9600 deposit contribution

Mercedes EQC

If you've been holding out on a Mercedes EQC then now could be the time. If you buy before the end of 2023, you get almost £10k towards your deposit, leaving you with next to nothing to chip in except your monthly payments. There's zero APR on your finance deal, too, making outright purchase more affordable.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£0.43 48 x £773.22 (£37,114.56) £27,550 £64,664.99 10,000 3rd January 2024

 

Hyundai Ioniq 5 (all models)

0% APR: 2 year PCP

Hyundai Ioniq 5

Cool retro looks, spacious interior, lots of tech - what's not to like about the Hyundai Ioniq 5? You can pick up any Ioniq 5 on a two-year PCP deal with 0% APR, and we've included the representative deal on the entry level Ioniq 5 Premium 58 kWh below. 

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£5000 24 x £567.13 (£13,611.12) £24,833.91 £43,445 10,000 1st January 2024

 

MG ZS (all models)

0% APR: 25-month PCP @ £129 a month

MG ZS

The MG ZS crossover is a key part of MG's strategy to be seen as one of the UK's best budget brands. As a result, the ZS is practical, has a decent warranty and is pretty spacious. Drive one on a two-year PCP deal, and benefit from 0% APR, too.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£6429 24 x £129 (£3096) £10,795 £20,320 8000 31st December 2023

 

Renault Austral

0% APR: 2 year PCP

Renault Austral

The Renault Austral replaces the Kadjar SUV, but offers significantly improved tech and interior ambience compared with its predecessor. All models sold in the UK are hybrids, and come with 0% APR on two-year PCP deals. Longer deals attract 7.9% APR but come with deposit contributions and three-years of free servicing.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£12,144 24 x £33 (£792) £21,751 £34,695 6000 3rd January 2024

 

Mazda MX-30 Prime Line Auto

0% APR: 4 year PCP @ £329 a month + 3 years free servicing

Mazda MX-30

The Mazda MX-30 is the firm's first electric car, and has been designed as a practical second car for short urban trips. It's fun to drive and comfortable, and features rear-hinged rear doors to aid access to the back seat. Three years free servicing and a half-price home charging box sweeten the deal.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£6220.50 48 x £329 (£15,792) £9787.50 £31,800 8000 31st December 2023

 

Tesla Model 3

0% APR: 2 to 4 year PCP @ £347 a month

If you're planning to go electric, the Tesla Model 3 is up there as one of the cars to beat. It's spacious, good to drive and benefits from Tesla's Supercharger network. A facelifted version is on the horizon, but you can get 0% APR on PCP deals on pre-configured Model 3 Long Range RWD models ordered by mid-November.

>> Find this deal here

Deposit Monthly Payments

Optional Final Payment

Total Payable

Mileage Per Year

Deal Available Until

£9000 48 x £347 (£16,656) £21,146 £46,990 10,000 17th November 2023

 

Can I still get the car I want?

One thing we would say is it helps to have an open mind as to the type of car you’d like to drive. For example, as a way of incentivising people into to switching to an electric car, some of the most prevalent 0% finance offers are on electric cars to encourage you to drive electric.

It also helps if you’re not dead set on having the absolute latest model in a carmaker’s range. If a car gets a mid-life update or facelift, quite often, surplus stock of the outgoing model can be snapped up with a zero percent deal and even a deposit contribution too, just to make sure the old cars are shifted to make way for new models.

How do I qualify for zero percent car finance?

Just as with any loan, the better your credit rating the more likely you are to be approved for a 0% car finance deal. It’s worth checking your score and taking steps to improve your rating if you find a car that’s perfect for your needs.

Also worth bearing in mind is that if you do go for the zero per cent offer, the deposit contribution to start with may also be higher than a deal which incurs some kind of interest payment over its duration. Monthly payments may be higher, too.

Can I get 0% finance on a used car?

Yes. Most car dealers have various financial products they can offer, including zero percent offers to get you on the road with a used car, and the same good credit is required to sign up.

This is especially useful now as the price of used cars has been forced up due to fluctuations in demands caused by the pandemic and supply chain issues. When you go for a deal like this, it’s likely the car you’re buying is a traded-in model from a previous finance deal, which should mean it’s been well kept and the mileage will be reasonable.

What are the alternatives to zero percent car finance?

A 0% deal might be enticing on paper, but can come with some limitations. They tend to be offered with bigger deposits, which means you need to put down a lump sum all at once.

Despite this, they tend to be offered for limited lengths, which increases the monthly payments, too. If you’re planning to spread the cost of a PCP agreement over 4-5 years, then it may not be possible.

An option consider if you don’t want to own the car is a Personal Contract Hire, which means you aren’t buying the car, so you aren’t paying interest. The lease just costs what you agree per month.