Trustpilot
Trustpilot
Home
How It Works
Blog
Matt

Do I need a deposit?

Our finance expert Matt says...

Of course not, however some dealers may require a holding deposit to take the vehicle off sale whilst it goes through the preparation process. To avoid this being a problem with our simple and quick processes we can transfer the funds to your chosen dealer the same day.

Get a Quote

We work with the best lenders to get you the best deal
10 years
motorhome
caravan
N/A monthly
payments of
N/A
Get a quote
Best available rate
N/A APR
Amount you could borrow N/A
Total cost of credit N/A
Total amount repayable N/A
Best available rate
N/A APR
Amount you could borrow N/A
Total cost of credit N/A
Total amount repayable N/A
N/A monthly
payments of
N/A
Get a quote
Representative Example

Cash price £25,000, deposit £0, total amount of credit £25,000, term 8 years, 96 monthly payments of £384.53, on a hire purchase agreement, option to purchase fee £1, total amount payable £36,915.88, representative APR 10.9%, rate of interest 10.9% fixed.

Rates may differ as they are dependent on individual circumstances. Subject to status.

Auto Finance Online Ltd is a credit broker, not a lender.

Copyright © 2026. All rights reserved.

Auto Finance Online Limited is authorised and regulated by the Financial Conduct Authority (FRN: 832181). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We will receive a commission payment from the finance provider if you decide to enter into an agreement with them. This will either be a fixed fee or a percentage of the total loan. The commission received does not affect the amount you will pay under your finance agreement. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. We work closely with selected finance providers to offer you financing options. This means that the products do not represent the entire market available to you. Our primary goal is to assist you in finding a suitable finance solution for your purchase. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk.

Written Quotation on request

We may from time to time offer promotional finance terms from our funders. These terms will be for specified and limited time and may apply to; specific stock, age of vehicle or finance balance. These terms maybe offered by one or more of our funders. We will receive different commission amounts if you are taking advantage of a promotion.