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What is the minimum deposit required to lease a car?

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how does vehicle leasing work
why should i lease my car
what i need to know about leasing

We are asked "What is the minimum deposit required to lease a car?" a lot!

First of all the first payment is an advance and not realy a deposit, though you will see commonly advertised as Nil Deposit car Leasing.

The contract value is divided by the payment elements so, the higher the first payment the lower the monthly rates become and vice-vesa. We can tailor a profile to suit you on any vehicle.

The minimum advance for either personal or business contracts is the equivalent to 1 regular monthly payment as  this payment actually includes the first month and therefore can not be lower, however, you can choose this to be the maximum to pay.

Referred to as 1+, ie 1+23 is a 24 month nil advance profile 3+35 3 years and so on.


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Find what you are looking for in our knowledge centre

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We've created the vehicle lease knowledge centre to help you, by sharing the most popular answers our visitors are searching for.

NIL ADVANCE LEASING
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Regal Garage (Bromsgrove) Ltd trading as Regal Autolease are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 787993

Registered in England & Wales with company number : 00554796 | Data Protection No : ZA140638 | VAT No : 111 4829 00

Registered Office : Prydis, Senate Court, Southernhay Gardens, Exeter, England, EX1 1NT

Disclaimer:
All vehicle images and descriptions are for illustration and reference purposes only.
All vehicle leases are subject to credit approval and subject to change at any time.
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