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Car Purchase Loans

Car Purchase LoansCar Purchase Loans

Get a great deal on a car loan

Car purchase loans are loans that are taken out with the purpose of owning the car at the end of the loan term. There are car loans available whereby you can defer payments until the end of the term, at which time you will either have to pay the difference, or sell the car, but with car purchase loans, the monthly payments cover the loan amount and the interest so that you will own the car when the loan term is up.

When looking to buy a car, you should shop around to find the best deal, making sure you read any small print attached to the policy so that you are not caught out by fees or early redemption charges.

Good car purchase loans should offer:

  • A low APR
  • A choice of borrowing – usually between £1,000 and £25,000
  • A choice of loan terms – usually between 2 and 8 years
  • Fixed monthly repayments
  • No fees or charges
  • Immediate transfer of funds

To compare all the leading car purchase loans on the market use our car loan calculator.

LenderTypeAPRApply
Personal Loan8.60% 
Personal Loan8.70% 
Personal Loan8.90% 
Barclayloan Plus9.90% 

Disclaimer: Every effort is made to keep the site accurate, however we cannot guarantee that a Car Loan issuer has not increased or decreased one or more of the APRs or fees/charges associated with a loan deal or changed its features, obligations or benefits. Please be sure to read the Bad Credit Car Loan agreement fully and carefully before making any agreement.

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Car Loan CalculatorCompare Loans from 7.9% APR