How no deposit car loans work

Once you complete our online car finance application form, we will call you to learn about  your needs and financial circumstances straight away. As a team of brokers, we work with over 30 lenders Australia wide and are highly experienced and skilled in getting our clients approved, with the right lender, with no deposit.

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. 

Basically this means that you don’t always need a deposit to get a car loan. 

No deposit loans are often referred to as 100% car finance and they are well within reach if you choose Zoom Car Loans.  We take the shopping around and negotation process out of your hands and advocate on your behalf with the lenders, to get you the best deal possible. 

Apply now so you can get on the road sooner! 

How Zoom can help

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.

Our no deposit car loans help you get back on track

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 finance options 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 $5,000.

100% No Deposit Car Loans
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 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