Life Moments

Buying a car

Buying a car

Buying, financing and running your new car...we'll steer you in the right direction.

Tips for buying a car

The first thing you need to do is get your finances into order. Work out a budget and stick to it. Decide whether a personal loan, car finance or cash will work best for you - we can help with that. 

If you're buying a used car remember to:

  • Keep on top of used car market prices 
  • Inspect the car carefully 
  • Bring a friend who knows a bit about cars
  • Take a test drive
  • Negotiate the best deal
  • Make sure the deal is in writing 
  • Transfer the money online or via banker's draft to the seller 

Check out more car buying tips from the professionals at The Car Expert

Car finance options

NatWest Flex Car Finance

Find, finance and get your next car delivered - all online.

This is a personal contract purchase agreement with options at the end. Representative 5.9% APR (fixed).

NatWest is acting as a credit broker and introducing customers to ALD Automotive Ltd. NatWest will receive a payment from ALD (the lender), if you proceed with a Flex Car Finance agreement. Over 18s and NatWest current account customers with a valid full UK, NI or EU driver’s licence.

NatWest Car Loans

Pay for your car upfront with a personal loan.

We offer Representative 3.4% APR for loans of £7,500 to £19,950.

Other amounts are available at alternative rates. Our rates depend on your circumstances and the loan amount may differ from the Representative APR.

Top apply, you must be 18+ and a UK resident with either a NatWest 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.

What's the difference?

Car Finance

Initial purchase

  • If you take out a PCP (personal contract purchase) agreement, you don't pay the full cost of the car upfront, you pay for the depreciation plus interest.

Interest rate

  • NatWest Flex Car Finance has a fixed rate of Representative 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 (between £2,000 and £60,260). 

Ownership 

  • Financing your car means you have options to either hand back (relevant charges may apply), trade in or purchase the car at the end of the agreement with a larger final payment. 

Additional charges

  • If you go over your agreed miles per year, a pence per mile fee will be applied.
  • There may be charges applied by the lender for any damage that goes beyond fair wear and tear.

Car Loans

Initial purchase

  • If you use a personal loan to pay for your car, you pay the full cost to the dealer up front and pay back your loan to the provider at an agreed rate of interest. 

Interest rate

  • Your personalised interest rate, the amount you can borrow and your monthly loan repayments will depend on your credit history. 

Ownership

  • You will be the registered owner and keeper of the vehicle once you have paid the dealer.
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Loan calculator

If you're thinking about taking out a loan to buy your next car, use our calculator to see how likely you are to be approved without affecting your credit rating.

Is there something else you're looking for?

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