How A No Deposit Car Loan Works

Once you complete our online car finance application form, we evaluate your needs and financial circumstances straight away. During this process, we work with leading financial lenders to negotiate the best loan package possible that suits your needs meaning a no deposit car loan is within reach.

Typically, financial lenders calculate your potential car’s Loan-to-Value Ratio. This ratio is calculated by dividing the loan amount by the book value of the car you’re looking to purchase. The resulting percentage serves as a guideline for lenders, and helps them decide if the lending amount required is viable.  So you don’t always need a deposit.

Here at Zoom Car Loans, we take this negotiation process out of your hands. You only need to provide us with a comprehensive outline of your needs and expectations, as well as information about your financial circumstances.

Quick Quote

Quick Quote

No Deposit Car Loans

When you’re experiencing financial hardships and dealing with poor credit history, life can come to a halt. It can become even more difficult to get moving again if you’re struggling to get vehicle finance. This is when you need to apply for car finance through a company that doesn’t require a deposit.

Thankfully, Zoom Car Loans offers 100% no deposit car loans regardless of your financial history. This means you can get back on the road again.

Helping You When You Need It Most

No deposit car loans are extremely helpful if you’re coming back from bankruptcy, trying to save money for day-to-day expenses, or if you don’t have savings ready to put towards your car loan. It’s no secret that it can be hard to get moving again if you aren’t able to save money for car finance in the first instance.

Why Choose Zoom Car Loans

We understand how difficult it is to keep moving once you’re struck with financial struggles. That’s why we offer no deposit car loans so you can start looking for a car to get ahead. Typically, we approve 9 out of 10 bad credit loans, and we offer personalised terms and repayments to suit your needs.

You can stress less with our pre-approvals and streamlined settlement processes, and you won’t be burdened with complicated paperwork. If you’re struggling to get vehicle finance, get in touch with us today. We’re proudly Australian operated and owned, so we’re determined to get Australian residents moving again. All no deposit car loan applications are obligation free, so you can opt out at any time.

Bad Credit Car Loans
bad credit car loansAre defaults, ex-bankruptcy, or inquiries making it hard to get a car loan? We can find the perfect finance package for you! If the past is interfering with your future, count on Zoom Car Loans to get you back on track.

Same Day Approvals
87428495We respond quickly to all applications. Our loans are usually approved within 24 hours. After all, when you need finance, you need it as soon as possible. We understand this, which is why we don’t delay in getting your application approved and settled.

Centrelink Car Finance 
Centrelink Car financeAfraid being on Centrelink will stop you from applying for auto loans? Don’t worry. We provide flexible fixed-rate, low-repayment vehicle finance options to help you get back on your feet.

Flexible terms & repayments
flexible termsOur team is dedicated to developing a solution tailored to your unique circumstances. You select the repayments and terms of the loan to meet your budget needs. Car loans available from $2,000.

100%, no deposit finance 
no deposit financeNo savings? Zoom’s loan products can cover the full cost of your car. Wherever you need a no deposit car loan – Brisbane, Sydney, Melbourne, or anywhere else in Australia – we have you covered.

You are in control
you are in controlYou can purchase your car anywhere in Australia. Our bad credit car loans are available for both private sales and dealer purchases, giving you the freedom to choose the ideal vehicle for your circumstances.

I am extremely satisfied with the service provided by Zoom Car Loans. Their dedication to my requirements was reflective in the loan approval offered – and accepted!

S Dallinger from QLD

I would like to thank you all for your help. Not only did you make the process fast and easy, but you even managed to get me the cheapest loan possible – Even our bank manager couldn’t beat it!

J Harrison from NSW

Perfect. Till we speak again!! Thanks for making this a breeze and thank you for getting the private sale organised so quickly! You’ve been awesome to deal with and I look forward to dealing with you again.

P Sabados from VIC

Thank you to the whole Zoom team for helping us with our car purchase. We highly recommend others to take advantage of unbeatable customer service that you offer…

N Dewstow from QLD