If you don't have any savings to even cover the deposit, how healthy are the finances to pay back the rest? As with any of these things, it's best to shop around for the best deal. A few manufacturers are still doing 0% with reasonably big deposits which would save on the APR... Check out somewhere like moneysupermarket.com for comparisons on loans though. Also, any deal you find from a bank interest-wise, enquire first at the garage to see if they can match or beat it- there's usually some room for negotiation with these people. May also help.