Great Wall business customers can now secure a Steed pick-up on finance with a £1 deposit.

For the entry-level Steed S model (£13,998 CVOTR), the finance offer consists of a deposit of £1 followed by 59 monthly payments of £285.06, and a final payment of £424.06 (8.8 per cent representative APR).

The plan is available for business users only, through all 45 dealerships in the Great Wall dealer network, and continues until September 30.

Great Wall managing director Paul Hegarty, said: “In the current economic climate, paying out thousands for a deposit on a new vehicle sometimes just isn’t possible, particularly for small businesses.

“Our £1 deposit finance offer allows businesses who don’t want to make a large initial investment to still drive away in a new Steed.”

All dealers for the new Chinese brand have committed to the ‘Great Wall Promise’ which includes inflation-proof servicing plans and free service pick-up and drop-off. All Steeds come with a three-year / 60,000-mile mechanical warranty, a six-year anti-perforation warranty, three-year paint warranty and three-year roadside assistance.