Looking to buy a car? Our Personal Loan could help you buy your first car, upgrade to a better model or buy the classic car of your dreams.
You could borrow £10,000 over 48 months with 48 monthly repayments of £225.04. Total amount repayable will be £10,801.92. Representative 3.9% APR, annual interest rate (fixed) 3.83%.
This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. If you qualify for a loan we'll tell you the rate that applies when you get your personalised quote. The maximum APR you could be offered is 29.9% APR
It’s important to stay within your budget, so work out what you can afford each month and how long you want to be making monthly repaymentsCloseMonthly repaymentsWith a loan, we give you a sum of money up front and each month after that you pay back some of what you owe. That monthly sum is called your repayment. With our personal loans, your repayments are fixed. That means you’ll owe the same amount each month for the entire life of your loan..
If you've done your research and have decided a loan is the best option for you, a Loan from Lloyds Bank might be able to help you finance your car and other large purchases you might make.
We'll never encourage you to borrow more than you can afford. To help you get it right, we have lots of help and guidance.
Lloyds Bank offers a wide range of Car Finance options, including Hire Purchase, Personal Contract Purchase, Dealer finance options through Blackhorse and Personal Leasing through Lex Autolease.
Want to know more? Take a look at the range of car finance options offered by Lloyds Banking.
Log on to Internet Banking to get a personalised quote. It takes around one minute, and in the majority of cases we'll tell you how much you can borrow and if you're likely to be approved before you apply. This wont impact your credit scoreCloseCredit scoreYour history with credit is summarised into your credit score. Having a long history of paying your loans, bills and credit cards on time means you’re more likely to have a high credit score. Missing payments or defaulting on loans, borrowing and bills is likely to result in a lower score. When you apply for a loan or credit card, the financial institution will look at your credit score to see how risky the deal would be for them. They use this information to help decide whether to offer you credit, and if so, what kind of interest rate and terms you'll receive..
If you then apply for a loan, we could give you a decision in around five minutes.
Your local branch will be happy to help you apply for a Loan. We'll usually be able to give you an answer and transfer the money into your account the same day.