How to Fund a Bentley with Zero Deposit

Bentley’s Hood Ornament

The dream of driving a Bentley is one of utmost indulgence. With its beautifully designed interior and powerful motors, any Bentley is a work of engineering and beauty. But with price tags in six-figure terms, buying one outright isn’t an option for most buyers. That’s when financing comes in.

But with no down payment, can a Bentley be financed? The answer is a definite—but with a careful consideration in mind. In this article, we’ll break out all that’s involved in financing a Bentley with no down payment, and drive your dream car off the lot with no high down payment in tow.

Is No-Deposit Bentley Finance an Option?

Yes, financing a Bentley with no down payment is an option. Most financing options require an initial payment, but lenders and financing options can enable spreading the full price over monthly payments.

But no-deposit financing comes with larger monthly payments and stricter requirements, so knowing your options in advance is important for approval.

White Bentley Convertable

Finance options for a Bentley with No Deposit

A range of options enable a Bentley to be financed with no down payment. Most of them include:

1. Hire Purchase (HP) with No Deposit

Optimum for: Full car ownership at terms conclusion.

Under a Hire Purchase (HP), a Bentley’s price is split into a sequence of monthly payments over a negotiated duration (3–5 years, most commonly). Because no down payment is involved, full value of car is financed, and your monthly payments will be larger.

At the agreement’s conclusion, when payments have been finished, you have full ownership of the car—making HP a sound option for long-term car owners.

The benefits include:

• Ownership outright at period’s conclusion.

• No mileage restrictions.

• Variable terms (3–5 years, typically).

The disadvantage is:

• Higher monthly payments in comparison with alternative financing options.

• The car isn’t in your name till payment in full is received.

Bentley’s Luxury Interior Design

2. Personal Contract Purchase (PCP) with No Deposit

Optimum for: Smaller monthly payments & flexible alternatives at period’s conclusion.

PCP is one of the most common financing options for a purchase of a Bentley. With no-deposit PCP, a car’s price is amortised over smaller monthly payments and a balloon payment at period’s conclusion, in case you prefer to keep your car at period’s termination.

At termination, three alternatives are at your disposal:

• Pay off balloon payment and drive off in your car.

• Part Exchange your car and pay nothing additional (subject to distance & car’s condition).

• Replace your car with a new model with a new agreement under a PCP agreement.

The benefits include:

• Lower monthly payments in comparison with HP.

• The chance to switch to a new model.

• No deposit with a participating bank.

The disadvantage is:

• Mileage restrictions apply.

• The car isn’t in your name, even at termination, till balloon payment is repaid in full.

Grey Bentley

3. Lease a Bentley with No Deposit

Optimum for: Enjoy driving new Bentleys with no issue about car ownership.

Leasing (a long-term rental in all but name, alternatively Personal Contract Hire – PCH) is a long-term rental in all but name. With no-deposit leasing, drive a new Bentley with no payment outlay at start. Instead, pay a guaranteed monthly payment for an agreed duration (typically 2–4 years).

At termination, simply return your car and have a new agreement for an alternative model.

The benefits include:

• No deposit.

• Secure monthly payments with no issue about depreciation.

• Includes optional maintenance packages.

The disadvantage is:

• You never actually own the car.

• Mileage restrictions apply, with over-miling penalties.

Bentley Steering Wheel

How to Qualify for No-Deposit Bentley Finance

For no-deposit finance, lenders will understandably require the following in return:

1. Sound Credit Rating

A sound credit rating increases your opportunity for a no-deposit finance agreement with fair terms. In case your credit record isn’t immaculate, further documentation of your payment capability will have to be prepared.

2. Stable Earnings & Affordability

Lenders will assess your earnings and expenses in an attempt to confirm your viability for monthly payments. The steadier your earnings, the bigger your opportunity for approval.

3. Opt for a Suited Lender

Not all lenders will have zero-deposit deals for Bentleys for purchase. Luxury car dealers and specialist lenders will have less stringent terms, and therefore comparing deals is a wise move.

4. Opt for a Guarantor or Joint Application

Where approval is elusive, having a co-applicant (e.g., a spouse, a business partner, etc.) will make your case more convincing.

Conclusion: Do I Need to Fund a Bentley with No Deposit?

A no-deposit financing for a Bentley is perfectly feasible, but choosing an apposite finance agreement in relation to your requirements is most critical.

• Do I want to become owner? → For a Hire Purchase (HP), choose that.

• Do I want reduced monthly payments? → For a Personal Contract Purchase (PCP), choose that.

• Do I want a no-fuss alternative? → For a Personal Contract Hire (PCH), drive new Bentleys with no concern for owner liability.

Wherever your preference, comparing deals with specialist high-end car lenders will secure your best terms.

Drive your dream Bentley?

Explore no-deposit Bentley finance deals and drive your dream car, with no down payment.