d - Deposit

05 June 2006

Deposit - A deposit is often needed to secure a finance deal - for example, 0% finance may be on offer, but only after you've paid a 30% deposit up front.

A deposit can also be paid to secure the future purchase of a new or used car, or to join the queue for a future model which is likely to be in strong demand and short supply.


Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.

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