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Car Loans

Hit the road with a car loan

Representative 3.9% APR

Taking out a NatWest car loan

If you're thinking about a new or used car, a loan could help you spread the cost of your purchase.

We'll take your circumstances and loan amount in to account to offer a personalised car loan rate.

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 use Online Banking, apply and are unconditionally accepted before 5.45 pm Mon – Fri.

Borrowing terms for a car loan

This is the length of time over which your car loan agreement is in place. Our minimum and maximum terms for certain loan amounts are shown below.

Car loan calculator

Is the loan for home improvements?

How much would you like to borrow?

Home improvement loans of £7,500 or more are available over an extended term of up to 10 years.
Borrowing amounts of £7,500 or more are available over an extended term of up to 8 years.

How long would you like to repay?

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)

What does APR mean?

APR can be confusing. Grab a cuppa, take a few minutes and read our guide to APR for some help.

Take a break, with a loan repayment holiday

When you apply for a loan, based on your circumstances, we might give you the option to defer your first repayment. 

  • It's only available at the start of your loan term
  • You can defer your first loan repayment for a three month period
  • If this option is available, we'll show the details of your repayment holiday at the quote stage of your application

Car loan benefits and features

Benefits

Get a quote with no impact on your credit score

If you have a NatWest current account, in most cases we'll confirm the loan amount and your rate at the start of your application with no impact on your credit score. Nice and handy.

You could get your loan on the same day

If you use Online Banking, apply and are unconditionally accepted before 5.45pm Mon-Fri you can get your loan on the same day after 6pm. Sometimes we need to contact you for more information, so it can take a little longer.

You could repay your loan early, if you want

If you find you have a bit more money in your account you might decide to repay your loan early. It's important to remember that you will pay an early repayment charge.

Features

Manage your loan in the mobile app

Change your payment date

You can request to change the date you pay your loan Direct Debit.

Tools to help you

Find out if you're likely to be approved

You can find out how likely you are to be approved for a personal loan at the start of your loan application.

We'll show you how much you may be able to borrow, your personalised interest rate and monthly payments.

Great news, there's no impact on your credit score.

Is a personal loan best for you? Let us help

There are lots of choices when it comes to borrowing money.

You can use our borrowing options tool to help you figure out what type of lending will best suit your needs. 

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 a NatWest current account (held for 3+ 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

Now please read a few other important things:

Ready to apply?

Do you have NatWest online banking?
If you know your online banking details we can pre-fill some of your info - making the application process faster.
Are you applying on your own?

Great, let's get started!

Just a heads up - you'll need your Online Banking login details at the next step.

Great, let's get started!

Just a heads up - you'll need your Online Banking login details at the next step.

Let’s get you signed up for Online Banking

You’ll need to sign up for online banking with us in order to apply for a loan. The good news is that it normally takes only 5 minutes and all you’ll need is your sort code, account number and your NatWest Debit Card, if you have one.

 

Once you’ve registered, select ‘next’ to log in and apply for a loan.

Are you applying on your own?

Fantastic, you're all set!

Just a heads up – you’ll need your online banking log in details at the next step.

Fantastic, you're all set!

Just a heads up – you’ll need your online banking log in details at the next step.