car finance upfront payment

What upfront payment is payable on car finance and car leasing?

This will depend on what car finance you have opted for and your specific application. For a car leasing application, it is likely to be no less than the equivalent of 3 months of payments upfront and could be as much as 12 months depending on your credit history. However, you can also choose to pay a large deposit and thereby reduce your monthly payment. In case of aHire Purchase or a Business Loan or Personal Loan , it is usually equivalent to 10% of the total amount borrowed but can be up to 20% or more. "Compare Car Finance Prices Right Now".

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