RENAULT
Massive shout out to Renault here. If you scrolled through our finance articles and found the most mentions of a car manufacturer, Renault would easily beat the others. Other car manufacturers have readily got rid of 0% APR deals and brazenly raised APR by one or two percent. But the French company is holding strong and still offers 0% APR and no deposit deals on most of its cars, and they can be combined too.
This unrivalled flexibility is combined with some good old fashioned money off in the form of deposit contributions as well. This means you can walk into a showroom with no deposit, get some money off a Clio in the form of a deposit contribution, and pay no interest for spreading out the cost into monthly chunks.
While people may choose to put money down in order to bring with it lower monthly costs, this does give people the valuable commodity of choice. Plus Renault even offers a new for old scheme, delivering fixed bits of money off on new cars when you trade your old one in, assuming you’ve owned it for at least 90 days.
RUNNERS UP
SSANGYONG
SsangYong has made a real effort with its finance packages of late and is refusing to increase the APR on its cars. Yes, it might be famous for its tough and dependable pick-ups and off-roaders, but the Korean company offers 0% APR deals with sensible terms plus the offer of no deposit too, although they can’t be used in conjunction with one another.
The 0% APR deals work out well if you’re looking at keeping a car or pickup for a long time – which really falls into SsangYong’s wheelhouse – because all new SsangYongs come with a whopping seven-year warranty too.
TOYOTA
Toyota’s not offering any big or flashy finance offers here. Instead, it’s just putting out common sense, simple, low APR deals on its entire range of cars. That’s right, low APR deals on big hitters from the sensible hybrid supermini in the form of the Toyota Yaris right up to the powerful sports car of its range, the GR Supra.
And unlike with some manufacturers, Toyota also has keen leasing deals. Some carmakers only offer that through third-party companies, so it’s good to see Toyota adding some flexibility to its sterling efforts. Toyota can also bundle in reasonable, fixed price car insurance, which is especially helpful to new drivers.
