"No Money Down" is a song written and recorded by American rock musician Lou Reed, released as both a 7" and 12" single from his fourteenth solo studio album, Mistrial (1986).

The official music video was filmed in March 1986 in England, and directed by English rock duo Godley & Creme formerly of 10cc,[2][3][4] featuring a simple animatronic version of Reed miming along to the song.

During the final verse, gloved human hands tear away its wig, sunglasses, and rubber skin to expose the skeleton beneath, then pull off underlying components of the face.

It was deemed too graphic for MTV, who had received complaints that it was distressing to younger viewers and making them cry, and was almost completely banned.

[6][7] In one of his final interviews, Reed described the music video as "really funny", whilst implying that it didn't match the theme of the song.