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.
Take me to. warning MessageTo apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months).
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.
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).
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.
Find out if we're likely to say 'yes' before you apply and how much your loan could cost. Don't worry - a quote takes minutes and won't affect your credit score.
Calling us to change your Direct Debit? We’ll update your Direct Debit immediately, unless you call us within three working days of your next payment plan. You might need to make two payments in the same month – our lending team will try and help you avoid this. We may record your call to help train our staff and improve our customer service.
Yes – and it’s easy to do:
To get our app, you need to be age 11 or over, have a UK mobile number (or international mobile number in some countries) and use a compatible iOS or Android device.
Car finance covers all the ways you can borrow money to own or rent a car – including hire purchase, personal contract purchase, leasing and car loans. So, a car loan is just one type of car finance.
Need to borrow to get a car? We offer car loans, which are a popular option. Here’s how they compare to hire purchase, personal contract purchase and car leasing.
Car loan: no deposit and you’ll own the new or used car outright
With a car loan from us, you could borrow up to £50,000 to buy a new or used car. If you’re approved, you’ll receive the money in your bank account – and can use this to buy your car. You then pay the car loan back in fixed monthly payments over up to 8 years.
Hire Purchase (HP): usually a deposit – you don’t own the car until you pay in full
Hire purchase isn’t something we offer. You’d usually pay a deposit – and then make fixed monthly payments to a car finance company for a new or used car. You won’t own the car until you’ve made the final payment.
Personal contract purchase (PCP): deposit and chance to own car at end of contract
We also don’t offer personal contract purchase. You’d usually put down a deposit and borrow towards some of the remaining value of the car. At the end of the contract, you can return the car, or make a final larger payment to own it.
Car leasing: renting a car with no opportunity to own the car
We don’t offer car leasing. Car leasing is a way to rent a car. You’d usually put down a deposit, then pay each month – normally over 1 to 5 years. You’ll never own the car.
