This rate is available on loans between £7,500 and £14,950. Other loan amounts are available at alternative rates. Our rates depend on your circumstances, loan amount and term and may differ from the Representative APR.
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Car Loans
New car? Used car? Make it your car with a car loan from us.
Representative 6.6% APR
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To apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months).
Apply in minutes
It takes minutes to apply online. It's also easy, as we fill out your info where we can.
Fixed-rate loans
Your interest rate is fixed, so you'll usually pay back the same amount each month.* Simple.
For new and used cars
Pay upfront for your new (or pre-loved) wheels, then spread the cost up to 8 years - it depends on how much you're borrowing.
*You'll pay the same each month as long as you pay the full amount each month, on time (otherwise you might have fees on top). What's more, the final monthly payment may be slightly higher or lower than the rest.
You could get your money today
Your money could be in your account the same day if you apply online, are unconditionally accepted and sign your loan documents before 5:45pm Monday to Friday, excluding bank holidays (it may take longer if we need more info).
How long could you borrow for?
You could pay back your loan over 1 to 8 years - it depends how much you're borrowing.
Understanding APR
If you're feeling a bit confused about APR, take a couple of minutes to read our quick guide.
Car loan calculator
Representative Example
Borrowing
£7,500
Over
0 months
Monthly Repayment
£137.55
Total Repayment
£8,253.00
Representative
3.9
% APR
(Annual Percentage Rate)
Interest rate
3.9
% p.a.
(Fixed)
The rate you pay depends on your circumstances, loan amount and term and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
Take a break with a 3-month loan repayment holiday
- At the start of your application, we'll give you a quote. This might include the option to take a repayment holiday.
- You could then choose to delay your first payment by 3 months.
- You'll need to say if you want to take a repayment holiday before you start your loan.
If you take a loan repayment holiday, your loan will take longer to pay back. You'll also have to pay back more each month - so your loan will cost more. This is because we charge interest during your loan holiday.
It's easy to manage your car loan
We make it easy to manage your loan, so you're in control:
Pay us back early, if you want
You'll just need to pay a fee.
Make overpayments
Chip away at your balance as and when you can.
Use our quick and simple app
Everything you need in one place.
Change your payment date
Just give us a call and we’ll update your Direct Debit.
It's easy to manage your car loan
We make it easy to manage your loan, so you're in control:
Pay us back early, if you want
You'll just need to pay a fee.
Make overpayments
Chip away at your balance as and when you can.
Use our quick and simple app
Everything you need in one place.
Change your payment date
Just give us a call and we’ll update your Direct Debit.
Can I pay off my loan early?
It’s important to remember that if you repay your loan early, you will be charged an Early Repayment Fee. The amount you will be charged will be equal to 58 days’ interest on the amount you repay early (28 days’ interest if the period of the Loan is one year or less). If there is less than 58 days (or 28 days if applicable) remaining on the loan, the calculation will be based on the actual number of days remaining. This is in addition to your outstanding loan amount and any outstanding interest.
