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.
You could get your loan funds on the same day if you apply online, are unconditionally accepted and sign your loan documents before 5.45 pm Mon – Fri. Sometimes we need to contact you for more information, so it can take a little longer.
To apply for a loan online, you must be 18+ and a UK resident with a NatWest current account (held for 3+ months).
Borrowing terms for a car loan
Car loan 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.
Things to consider before buying a car
Think about all the costs involved with your car
It’s easy to focus on the car price, but you might also want to set aside some of your loan to get your car ready for the road. Keep in mind:
- The costs of any repairs that might be needed
- The car running costs such as breakdown cover or MOT.
- The costs of paperwork like car insurance or registration.
For more information read our guide to buying a car.
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
Get a quote with no impact on your credit score
You could get your loan on the same day
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.
Are you ready to apply?
We'll start with your free quote
At the start of your application, we’ll usually let you know if you could get a loan – and your personalised rate – without affecting your credit score. It’s then up to you if you want to go ahead.
To apply online, you'll need to:
- be 18+, a UK resident and have had a current account with us for at least three months.
- not have been declared bankrupt in the last six years.
- not have applied for a loan with us in the last 28 days.