NatWest Flex Car Finance

Lower monthly payments with flexible options to suit you

Representative 5.9% APR (fixed)

What is NatWest Flex Car Finance?

NatWest Flex Car Finance is a personal contract purchase (PCP) agreement. You could benefit from lower monthly payments, with the option at the end of your agreement to hand back the car (relevant charges may apply), trade it in and arrange an agreement on another car, or buy the car with a larger final payment.

A different way to finance your next car

  • Instead of using a loan to buy a car outright, with PCP you don’t repay the full cost upfront, meaning that your monthly payments are often less
  • You can complete your application completely online, with the option to visit a dealership to view your car if you wish
  • You still have the option to purchase the car at the end of the agreement with a larger final payment

 

How much you borrow and repay

  • The way ALD work out your monthly payments is based on how much the car will be worth at the end of your agreement, with interest added on top
  • How much ALD calculate the car will be worth at the end of your agreement is determined up front by the duration of your agreement and how many miles you will drive each year
  • You can choose to put down a deposit if you wish, the more deposit you put down, the less you’ll need to borrow and pay each month

 

End of your agreement

  • You have the option to hand back the car (relevant charges may apply), trade it in and arrange an agreement on another car, or buy the car with a larger final payment
  • There may be charges applied by the lender for any damage that goes beyond fair wear and tear
  • If you go over your agreed miles per year, a pence per mile fee will be applied

 

Why choose NatWest Flex Car Finance?

Why choose NatWest Flex Car Finance

Low repayments

Unlike a personal loan – where you pay for the whole cost of the car – with a PCP you just pay for the depreciation plus interest. This means your repayments could be less than if you financed your car another way, or that you could afford a better car than you originally thought.

Give yourself the upper hand

Give yourself the upper hand by finding out if you will be approved for finance and how much it could cost you before you even step foot inside a dealership. Get a decision online without any impact to your credit score.

Guaranteed rate if you're approved

NatWest Flex Car Finance has a fixed rate of 5.9% APR, which means that if you’re approved, this is the rate you’re guaranteed to get, no matter how much you borrow.

A plan that you choose

Borrow between £2,000 and £60,260 at the fixed rate. You can choose to put down a deposit if you wish. You may have to put down a deposit if the price of the car you choose is 10% or more above the market value.

How it works

Find a car, get a quote

If you’ve seen a car online, or at a dealer, type in the details to get an instant quote or search ALD’s database of thousands of used cars from approved dealerships.

Get behind the wheel

Once you have the keys, you'll be the registered keeper of the vehicle. This means that it is your responsibility to ensure that the vehicle is taxed, insured and has a valid MOT.

End of agreement

You’ll have the option of handing back the car (relevant charges may apply), trading it in and arranging an agreement on another car, or buying the car with a larger final payment. 

Start your car finance journey

Have you found the car you'd like to finance?

Great - please make sure you have the car's registration number, its price and current mileage to hand. 

Let us help you! ALD's database has thousands of used cars to choose from, all from approved dealerships.

Useful Info

ALD Automotive are the leading vehicle leasing operation in Europe, they manage over 1.5 million vehicles across 43 countries worldwide. We have partnered with them to gain access to their expertise and give NatWest customers access to a wider range of products to meet their vehicle asset finance needs.  If you take out a NatWest Flex Car Finance product, the credit agreement will be between you and ALD Automotive Limited.

At the end of your agreement, you will have the option to purchase the vehicle by making an optional final payment. This payment will be calculated and communicated to you before you sign your agreement. During the term of the agreement, the car will belong to ALD, but you will be the registered keeper.

To help ALD calculate how much the car will be worth at the end of the agreement, you’ll need to confirm how many miles you’ll expect to drive per year and how long you’d like the agreement to last. 

Still considering your options?

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

 

Something else we can help you with?