For new cars, a deposit is often required when buying a car from the factory. Used car dealers will sometimes require a purchase deposit when they're trading or buying a car from another dealer. It's usually non-refundable, but you should confirm this with the seller.
How much deposit do I need to hold a car?
As far as how much you should expect to put down for a deposit, the amount could be as little as $500. A deposit is usually meant to show you're serious about buying and is typically different from a down payment when buying or leasing.
What type of car finance does not require a deposit?
PCP (Personal Contract Purchase) finance and car loans are the most common types of car finance which are available with no deposit. HP (Hire Purchase) sometimes requires no upfront cost, while leasing (known as 'PCH' or Personal Contract Hire) has a non-refundable 'initial payment' as standard.
What credit score is needed to buy a car with no money down?