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Car Finance

If you're looking for a new or used car, you've come to the right place

Car finance options

Whether you've already found your dream car and need help financing it, or want to have a look at the great deals on offer, you've come to the right place. We've partnered with ALD Automotive Ltd. to give you more flexiblity and choice when it comes to financing your next car. All of the car finance options can be completed fully online, meaning you don't need to leave the comfort of your home to arrange your next car.

Personal Contract Purchase (PCP)

Used and nearly new cars
  • Low, fixed monthly payments with a rate of Representative 5.9% APR (fixed)
  • You have the option to buy the car at the end of the agreement through a larger, final payment
  • Relevant charges may apply if you choose to hand the car back at the end of the agreement
  • Finance a car you've found or find a car from registered dealers

NatWest (credit broker) is introducing customers to ALD Automotive Ltd (lender). NatWest will receive a payment if you proceed with a finance agreement.

Personal Contract Hire (PCH)

Lease a new car
  • Could be a cost effective way to drive a brand new car through low, fixed monthly payments
  • No option to own the car at the end
  • Great deals on a select range of new cars
  • Relevant charges may apply when you hand the car back

NatWest is introducing customers to ALD Automotive Ltd. NatWest will receive a payment from ALD if you proceed with an agreement.

Help me

Not quite sure what you want? Let us help you

Do you want to

NatWest Personal Contract Purchase (PCP) could be right for you.

With NatWest PCP you could finance a nearly new or used car with low monthly payments. You have the option to buy the car at the end for a larger final payment, hand the car back* or take out another car on a new agreement.*

*relevant charges may apply

How it works

  • Find a car through ALD's car search and get the finance sorted, or arrange finance for a car you've already found
  • You choose your deposit amount and length of agreement
  • You pay a fixed monthly amount over the course of the agreement
  • Representative 5.9% APR

Here's a simple example

You find a car you really like

You take out a PCP agreement over three years to finance the car

You make a one off payment up front

Then you make 35 equal monthly payments

You decide it's time for a change

So at the end of the agreement, you hand the car back and take out an agreement on another car (relevant charges may apply for damage that goes beyond fair wear and tear and any excess mileage)

The pros and cons of NatWest PCP

Pros

  • Your monthly payments are usually lower than they would be with other finance options
  • You can pay a larger deposit to lower your monthly payments further
  • A good option if you like to change your car often
  • Your options are open at the end of the agreement, you can buy the car at the end for a larger final payment (relevant charges may apply), hand the car back or take out another car on a new agreement

Cons

  • If you choose to hand your car back, or take out a new agreement, there may be extra charges for any damage beyond fair wear and tear or if you go over the mileage restriction of your agreement
  • Although your monthly payments are lower, the payment at the end of the agreement to buy the car is much larger than your monthly payment amount
  • Only available on nearly new or used cars up to 5 years old
  • Your car may be reposessed if you do not keep up repayments

Want to find out more or get a quote?

NatWest Personal Contract Hire (PCH) could be right for you.

Choose from a select range of brand new cars to lease for a set period of time with low monthly payments. You give it back at the end (relevant charges may apply).

How it works

  • You arrange to lease a car for a set period
  • You make an advance payment up front
  • You pay monthly for the set contract period
  •  You give the car back at the end

Here's a simple example

You decide you want a new car over a two year agreement

You work out how many miles you will drive each year

You make a one off payment upfront

Then you make 24 equal monthly payments

After two years, you give the car back

If it's in good condition, you've nothing more to pay (relevant charges may apply for damage that goes beyond fair wear and tear and any excess mileage)

The pros and cons of NatWest PCH

Pros

  • Get a new car with lower monthly payments (usually) than other finance options
  • No need to worry about re-selling the car, as you don’t own it
  • Get peace of mind – spread your running costs with a maintenance package which is available as an optional add-on

Cons

  • You never own the car or have the option to buy it
  • There may be extra charges for any damage beyond fair wear and tear or if you go over the mileage restriction of your agreement
  • Only available on a select range of brand new cars
  • Your car may be reposessed if you do not keep up repayments

Want to find out more about PCH?

You can find out more on our PCH page, and then have a look at the cars on offer.

Still considering your options?

Personal loans

If you want to buy your car outright from the beginning - why not take a look at our personal loan options?

Eligibility criteria applies.