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Car finance loans are a type of loan designed to help you find credit for the car of your dreams.
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Loans displayed have term lengths between 6 months and 5 years, 4.3% APR and 33.3% APR.

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APR Total repayable

The amount is based on monthly compounding and for comparison purposes only.

Monthly repayments

Halifax Car Plan Extra

  • Quick and easy online application, no credit searches
  • We pay the dealer directly, most UK dealerships are covered
  • Only available to Halifax current account customers
More info
4.3% APR Representative
£7,997.76
£222.16 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Aged 18 or older
  • Existing personal current account customers only

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 4.3% per annum would result in a representative rate of 4.3% APR, monthly repayments of £222.16 and a total amount repayable of £7,997.76.

Bank of Scotland Car Finance Plus

  • Quick and easy online application, no credit searches
  • We pay the dealer directly, most UK dealerships are covered
  • Only available to Bank of Scotland current account customers
More info
4.3% APR Representative
£7,997.76
£222.16 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Aged 18 or older
  • Existing personal current account customers only

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 4.3% per annum would result in a representative rate of 4.3% APR, monthly repayments of £222.16 and a total amount repayable of £7,997.76.

Lloyds Bank Car Finance Plus

  • Quick and easy online application, no credit searches
  • We pay the dealer directly, most UK dealerships are covered
  • Only available to Lloyds Bank current account customers
More info
4.6% APR Representative
£8,032.32
£223.12 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Aged 18 or older
  • Existing personal current account customers only

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 4.6% per annum would result in a representative rate of 4.6% APR, monthly repayments of £223.12 and a total amount repayable of £8,032.32.

Low Rate Motor Loan (excellent credit)

  • Buy a car from any UK dealership or through approved dealers
  • Instant online decision
  • Specialist car finance provider with over 24 funders available
More info
4.92% APR Representative
£8,069.40
£224.15 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • UK Resident
  • Excellent Credit Quality
  • No Bankruptcy or CCJs in the last 6 months
  • Hold a valid UK driving license
  • Are employed or self-employed
  • Earn a minimum of £1,000 per month

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 4.9% per annum would result in a representative rate of 4.9% APR, monthly repayments of £224.15 and a total amount repayable of £8,069.40.
exclusive

Creditplus Car Loan (excellent credit)

  • Exclusive rate only available through uSwitch
  • For customers with excellent credit rating
  • Buy a car from any UK dealership or through Creditplus
  • Funds available in 24 hrs
More info
5.7% APR Representative
£8,159.76
£226.66 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Must be UK Resident and have 3 years address history
  • 22 years or older
  • Minimum Net Income of £1,000 per month
  • Some Existing Credit in the last 2 years
  • Traceable voters roll history
  • No Credit Adversity

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 5.7% per annum would result in a representative rate of 5.7% APR, monthly repayments of £226.66 and a total amount repayable of £8,159.76.

Low Rate Motor Loan (good credit)

  • Buy a car from any UK dealership or through approved dealers
  • Instant online decision
  • Specialist car finance provider with over 24 funders available
More info
8.9% APR Representative
£8,530.20
£236.95 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • UK Resident
  • Good Credit Quality
  • No Bankruptcy or CCJs in the last 6 months
  • Hold a valid UK driving license
  • Are employed or self-employed
  • Earn a minimum of £1,000 per month

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 8.9% per annum would result in a representative rate of 8.9% APR, monthly repayments of £236.95 and a total amount repayable of £8,530.20.

Creditplus Car Loan (good credit)

  • For customers with good credit rating
  • Buy a car from any UK dealership or through Creditplus
  • Leading car finance provider with over 90 lending options
  • Funds available in 24 hrs
More info
9.8% APR Representative
£8,634.24
£239.84 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Must be UK Resident have 3 years address history
  • 22 years or older
  • Minimum Net Income of £1,000 per month
  • Existing Credit
  • Traceable voters roll history
  • A low degree of missed payments <3
  • No CCJ’s or IVA’s

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 9.5% per annum and a fee of £348.00 would result in a representative rate of 9.8% APR, monthly repayments of £239.84 and a total amount repayable of £8,634.24.

Low Rate Motor Loan (fair credit)

  • Buy a car from any UK dealership or through approved dealers
  • Instant online decision
  • Specialist car finance provider with over 24 funders available
More info
10.9% APR Representative
£8,761.68
£243.38 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • UK Resident
  • Far Credit Quality
  • No Bankruptcy or CCJs in the last 6 months
  • Hold a valid UK driving license
  • Are employed or self-employed
  • Earn a minimum of £1,000 per month

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 10.9% per annum would result in a representative rate of 10.9% APR, monthly repayments of £243.38 and a total amount repayable of £8,761.68.

Car Loan (excellent credit)

  • Specialist Car Finance provider with products from 15 Lenders
  • Buy from a Car Dealer of your choice
  • Rates apply to customers with excellent credit rating
  • Same-day decision
More info
11.2% APR Representative
£8,796.60
£244.35 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age 18 -80
  • Must be UK Resident and have 3 years address history
  • Private Tennants, Homeowners and living with parents all accepted
  • Exisiting Credit
  • Traceable Voters Roll History required
  • No CCJ's, defaults or bankrupcy.
  • Benefits accepted

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 11.2% per annum would result in a representative rate of 11.2% APR, monthly repayments of £244.35 and a total amount repayable of £8,796.60.

Carfinance247 loan (excellent credit)

  • No deposit required
  • Your own personal advisor
  • Buy from a dealer of your choice
More info
12.2% APR Representative
£8,912.16
£247.56 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age: 18-80
  • 3 Years UK Address History
  • Private tenants, home-owners and those living with parents all accepted
  • Benefits Accepted
  • No CCJs, Defaults or Bankruptcy
  • Traceable Voters Roll History Required

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 12.2% per annum would result in a representative rate of 12.2% APR, monthly repayments of £247.56 and a total amount repayable of £8,912.16.

Car Loan (good credit)

  • Specialist Car Finance provider with products from 15 Lenders
  • Buy from a Car Dealer of your choice
  • Rates apply to customers with good credit rating
  • Same-day decision
More info
13.9% APR Representative
£9,108.72
£253.02 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age 18 - 80
  • Must be UK Resident and have 3 years address history
  • Private Tenants, Home-owners, and living with parents all accepted
  • Historical and settled Adverse accepted
  • Adverse < 3 years/old on referral
  • Benefits accepted.

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 13.9% per annum would result in a representative rate of 13.9% APR, monthly repayments of £253.02 and a total amount repayable of £9,108.72.

Carfinance247 loan (good credit)

  • No deposit required
  • Your own personal advisor
  • Buy from a dealer of your choice
More info
14.0% APR Representative
£9,120.24
£253.34 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age: 18-80
  • 3 Years UK Address History
  • Private tenants, home-owners and those living with parents all accepted
  • Benefits Accepted
  • Settled CCJs,No Bankruptcy
  • Traceable Voters Roll History Required

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 14.0% per annum would result in a representative rate of 14.0% APR, monthly repayments of £253.34 and a total amount repayable of £9,120.24.

Creditplus Car Loan (fair credit)

  • For customers with fair credit rating
  • Buy a car from any UK dealership or let us find, fund and deliver your car!
  • Leading car finance provider with over 90 lending options
  • Funds available in 24 hrs
More info
14.5% APR Representative
£9,177.84
£254.94 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Must be UK Resident and have 3 years address history
  • 22 years or older
  • Minimum Net Income of £1,000 per month
  • Traceable voters roll history
  • Settled defaults accepted more than 3 years old

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 14.0% per annum and a fee of £105.00 would result in a representative rate of 14.5% APR, monthly repayments of £254.94 and a total amount repayable of £9,177.84.

Car Loan (average credit)

  • Specialist Car Finance provider with products from 15 Lenders
  • Buy from a Car Dealer of your choice
  • Rates apply to customers with average credit rating
  • Same-day decision
More info
16.8% APR Representative
£9,443.16
£262.31 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age 18 -80
  • Must be UK Resident and have 3 years address history
  • Private Tennants, Homeowners and living with parents all accepted
  • Exisiting Credit
  • Traceable Voters Roll History required
  • No CCJ's, defaults or bankrupcy.
  • Benefits accepted

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 16.8% per annum would result in a representative rate of 16.8% APR, monthly repayments of £262.31 and a total amount repayable of £9,443.16.

Carfinance247 loan (fair credit)

  • No deposit required
  • Your own personal advisor
  • Buy from a dealer of your choice
More info
19.6% APR Representative
£9,765.36
£271.26 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age: 18-80
  • 3 Years UK Address History
  • Private tenants, home-owners and those living with parents all accepted
  • Benefits Accepted
  • Outstanding CCJs considered/ Ex bankrupt considered
  • Traceable Voters Roll History Required

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 19.6% per annum and a fee of £149.00 would result in a representative rate of 19.6% APR, monthly repayments of £271.26 and a total amount repayable of £9,765.36.

Creditplus Car Loan (poor credit)

  • For customers with bad credit rating
  • Buy a car from any UK dealership or let us find, fund and deliver your car!
  • Leading car finance provider with over 90 lending options
  • Funds available in 24 hrs
More info
21.0% APR Representative
£9,926.28
£275.73 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Must be UK Resident and have 3 years address history
  • 22 years or older
  • Minimum Net Income of £1,000 per month
  • Recent credit adversity
  • CCJ’s Accepted

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 19.2% per annum would result in a representative rate of 21.0% APR, monthly repayments of £275.73 and a total amount repayable of £9,926.28.

Car Loan (poor credit)

  • Specialist Car Finance provider with products from 15 Lenders
  • Buy from a Car Dealer of your choice
  • Rates apply to customers with poor credit rating
  • Same-day decision
More info
25.6% APR Representative
£10,453.32
£290.37 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age 18 -80
  • Must be UK Resident and have 3 years address history
  • Private Tennants, Homeowners and living with parents all accepted
  • Exisiting Credit
  • Traceable Voters Roll History required
  • No CCJ's, defaults or bankrupcy.
  • Benefits accepted

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 25.6% per annum would result in a representative rate of 25.6% APR, monthly repayments of £290.37 and a total amount repayable of £10,453.32.

Carfinance247 loan (poor credit)

  • No deposit required
  • Your own personal advisor
  • Buy from a dealer of your choice
More info
27.6% APR Representative
£10,681.20
£296.70 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age: 18-80
  • 3 Years UK Address History
  • Private tenants, home-owners and those living with parents all accepted
  • Benefits Accepted
  • Outstanding CCJs considered/ Ex bankrupt considered
  • Traceable Voters Roll History Required
  • Minimum Income £750

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 27.6% per annum and a fee of £149.00 would result in a representative rate of 27.6% APR, monthly repayments of £296.70 and a total amount repayable of £10,681.20.

Creditplus Car Loan (bad credit)

  • For customers with bad credit rating
  • Buy a car from any UK dealership or let us find, fund and deliver your car!
  • Leading car finance provider with over 90 lending options
  • Funds available in 24 hrs
More info
29.8% APR Representative
£10,931.40
£303.65 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Must be UK Resident and have 3 years address history
  • 22 years or older
  • Minimum Net Income of £1,000 per month
  • Recent credit adversity
  • CCJ’s Accepted

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 27.7% per annum would result in a representative rate of 29.8% APR, monthly repayments of £303.65 and a total amount repayable of £10,931.40.

Car Loan (bad credit)

  • Specialist Car Finance provider with products from 15 Lenders
  • Buy from a Car Dealer of your choice
  • Rates apply to customers with bad credit rating
  • Same day decision
More info
33.2% APR Representative
£11,316.60
£314.35 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age 18-70
  • Must be UK Resident & have 3 years address history
  • Private tenants, Home-owner and Living with parents all accepted
  • Recent Adverse, discharged bankruptcy, mortgage arrears and benefits accepted
  • minimum income £750/month net

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 33.2% per annum would result in a representative rate of 33.2% APR, monthly repayments of £314.35 and a total amount repayable of £11,316.60.

Carfinance247 loan (bad credit)

  • No deposit required
  • Your own personal advisor
  • Buy from a dealer of your choice
More info
33.3% APR Representative
£11,327.76
£314.66 repayable per month
Can I get this loan?
Please make sure you at least meet the following criteria:
  • Age: 18-80
  • 3 Years UK Address History
  • Private tenants, home-owners and those living with parents all accepted
  • Benefits Accepted
  • Outstanding CCJs considered/ Ex bankrupt considered
  • Traceable Voters Roll History Required
  • Minimum Income £750

Additional criteria for acceptance from the lender may apply.

Assumed borrowing of £7,500 over 36 months at a fixed rate of 33.3% per annum would result in a representative rate of 33.3% APR, monthly repayments of £314.66 and a total amount repayable of £11,327.76.

Warning: Late repayments can cause you serious money problems. For more information see our debt help guides.

uSwitch Limited is a credit broker, not a lender, for consumer credit products. Our services are provided at no cost to you, but we may receive a commission from the companies we refer you to. For some loans a broker fee of up to 12.5% may be added to the cost of the loan.

Frequently asked questions

About car finance loans in the UK

Owning a car is a huge financial commitment, but it's also a necessity for many of us who rely on our car to get to work, take children to school and do the shopping. A car finance loan is simply a way to spread the costs of that big purchase over time, making it more manageable and realistic. 

Why choose a car credit loan?

The main reason to consider a car credit loan is if paying the full amount for a car upfront will put you in financial difficulty. Car credit will always be costlier over the long-term than paying for your car upfront, but if paying in one go means you have to borrow for other reasons it may be worth considering car finance.

What's good about car finance?

Car finance is a secured loan. That means that if you fail to keep up your payments the lender may be entitled to repossess your vehicle. However, that also means that the lender has added security, so they can lend to you at a better rate.

What types of car credit are there?

There are a variety of car credit loans available. The main one is hire purchase which is fairly straightforward. Under hire purchase you pay an initial fee, then agree a series of monthly payments until the car is paid off. The longer the period you stagger your payments over the cheaper the monthly costs will be, but the greater the overall costs. 

A rarer form of car finance is known as personal contract purchase, or PCP, whereby you are given the option of buying the car at the end, or handing it back. If you choose to purchase at the end there will be a final 'balloon' payment which you agree at the beginning and relies on you estimating the value of the car in future. 

While PCP can seem like an attractive proposition you should think carefully about how the future value of your car is assessed. If your car is rated as costlier than the actual resale price you will end up overpaying on your loan. 

How do I know if a car finance loan is good value?

The main thing to look out for when comparing car finance is the APR, or ‘annual percentage rate’. The APR is the interest rate you will be charged for the loan including fees and charges have to pay, so it gives you a clear idea of the overall cost of the loan. The actual overall cost – so how much car finance will cost you over the lifetime of your loan – is also crucial to comparing different types of loan.