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Buying a car
A loan for the car you've been dreaming of
Representative 3.4% APR
This rate is available on loans between £7,500 and £19,950. Other loan amounts are available at alternative rates. Our rates depend on your circumstances and loan amount and may differ from the Representative APR.
About Royal Bank of Scotland car loans
A car loan from Royal Bank could help you spread the cost of a new or used car you always wanted.
It's easy to apply online. You can get a quote at the start of your application and then decide if you want to take out a loan or not.
In most cases, you could get your loan on the same day if you apply and are unconditionally accepted before 5.45 pm Mon – Fri.
To apply, you must be 18+ and a UK resident with either a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone.
Loan repayment terms
This is the length of time you can take a loan over, depending on the amount you're borrowing and what it will be used for.
Loan calculator
Representative Example
Borrowing
£7,500
Over
1 year and & 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)
Understanding APR
If you're feeling a bit confused about APR, take a couple of minutes to read our quick guide.
What to know about a car loan
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Money in your account quickly
You could get your loan funds the same day if you apply online and are unconditionally accepted before 5.45 Mon-Fri. Sometimes we need to contact you for more information, so it can take a little longer.
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Let's get ready to apply
Before you apply, we need to check you're happy with a few things.
First, you can apply online if you:
- are 18+ and a UK resident with either a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months)
- have not been declared bankrupt in the last 6 years
- have not applied for a personal loan with us within the last 28 days