Representative 3.9% APR
About Royal Bank of Scotland car loans
A car loan from Royal Bank could help you spread the cost of a new or used car you always wanted.
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 apply and are unconditionally accepted before 5.45 pm Mon – Fri.
To apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months).
Loan repayment terms
Loan calculator
Representative Example
£7,500
0 months
£137.55
£8,253.00
3.9
% APR
3.9
% p.a
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
The rate you pay depends on your circumstances and loan amount and may differ from the Representative APR. We will never offer you a rate exceeding 29.9% p.a. (fixed), regardless of loan size. This means you're not guaranteed to get the rate you see in the calculator.
Understanding APR
Find a little flexibility with our repayment holiday
When you apply for a loan, based on your circumstances, we might give you the opportunity 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 to you, we'll show the details of your repayment holiday during the quote stage of your application
What to know about a car loan
Benefits OpenClose
Money in your account quickly
Mobile App features OpenClose
Borrowing options OpenClose
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 Royal Bank of Scotland 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