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0% APR Finance

0% Finance T&Cs

What is 0% APR Finance?

Purchasing a vehicle on 0% APR Finance allows the consumer to spread payments over an extended period of time. However, the main benefit of 0% APR Finance is that customers won't be charged any interest or additional fees for this period.  0% APR Finance isn't a finance type of its own. It is simply a Hire Purchase agreement without the interest, and is only offered in certain circumstances. 0% APR finance deals are only available for a limited time. With a 0% deal, you’ll have to pay a deposit (minimum of 30%), followed by a series of monthly payments. 

How do I qualify for 0% APR car finance?

A strong credit rating is essential to be eligible for the 0% offer.

30% Deposit is required up front and the maximum term for borrowing is 36 months.

Please be aware that to be approved for low interest car finance offers, a hard credit search will be required. The lender will use information from credit reports to determine whether to accept the finance application. 

Representative Example below:


MotoNovo - HP 0% Car

Total Price


Vehicle Price


Value Added Products


Total Deposit


Cash Deposit


Part Exchange


Settlement Figure


Annual Mileage


Total Amount of Credit


Total Amount Payable



First Payment

1 Payment of £135.97

Followed By

34 Payments of £135.97

Final Payment

1 Payment of £135.97

Agreement Term

36 months

Administration Fee A


Administration Fee B


Option to Purchase Fee


Annual Fixed Interest Rate




Finance is provided by MotoNovo Finance limited. Registered in Wales under Company No 11556144. Registered Office: One Central Square, Cardiff, CF10 1FS. Authorised and regulated by the Financial Conduct Authority. This is not a commitment to lend and applications are subject to approval. This indicative quotation is subject to change and final figures will be provided on approval and prior to signing the agreement.

It is possible that some customers will end up paying higher monthly repayments if opting for  0% APR Finance as they can be limited to a shorter period of time compared to other finance options.

Compact Cars and Vans reserve the right to amend or withdraw offers at any time without prior notice. Full affordability assessments are carried out at point of application by our highly trained staff to ascertain whether or not you can afford the monthly payments. 

Please ensure that you can afford the monthly payments, consider that your financial position could change at any given time. 

FCA No. 676639 Compact Cars And Vans are a credit broker and not a lender. We are Authorised and Regulated by the Financial Conduct Authority. 676639 Finance is Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. 

Registered in England & Wales: 10919949 Registered Office: Address: Waterton Road, Waterton, Bridgend, Glamorgan, CF31 3YY A £99 Admin Fee Applies. An admin fee is a compulsory charge that a buyer must pay to complete the transaction with us when they purchase a vehicle. We charge this fee to cover the costs of essential documentation and administration costs such as an HPI check. Your statutory rights are not affected .

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