Buying a car on 0%apr 0 deposit. What’s the catch?

[Comps83]

Seems too good to be true so I’m guessing there’s a catch?

You can almost certainly negotiate a discount if you pay up front instead.

It's only available (AFAIK) on brand new cars. Which means the value of your car massively depreciates as soon as you drive it off the forecourt!

I’ve seen it advertised for used cars , Bristol street motors was one. Unless there’s some small print I overlooked

If you can use it for a used car, then I can't see any problem for it - you're preserving your own cash flow by not having to pay a lump sum up front, and not having to pay any interest on it. I'd just check the price they're advertising it for and make sure it's not inflated compared with other sellers.

They've built the interest into the price, if you went in with cash it'd be significantly cheaper.

this might also be of help/interest!

Ah right that makes sense . Knew there had to be something