Car loan calculator

Rates from 7.9% APR: the rate you will be offered will be based on your circumstances. Representative APR 19.8%.

Representative example: borrowing £7,000 over 5 years with a representative APR of 19.8%, the annual interest rate of 19.8% (Fixed) and a deposit of £0.00, the monthly instalment would be £194.93, with a total cost of credit of £4,695.66 and a total amount payable of £11,695.66.

Rates may differ as they are dependent on individual circumstances. Automotive Online Ltd is an authorised credit broker, not a lender and may receive a commission for introductions.

At Quick Car Finance we collaborate with a range of trusted lenders to give you the best car finance deal. Our list of reliable providers could help find the right finance agreement for you based on your own personal circumstances, whether you’re self-employed or have a poor credit history.

Work out what you can afford to pay

Before you apply for a car loan for your new set of wheels we recommend calculating your affordability first. You can use our car loan calculator to work out what your monthly repayments could be.

This can also help you to decide if a car loan would be the right fit for you.

Workout all the costs associated with the car

Once you have worked out your loan affordability and repayments, it’s also worth looking into the cost of the vehicle and whether you can get it cheaper elsewhere. Be sure to compare similar cars and garages to get the best deal possible.

You should also research the expected rates for car insurance, fuel and tax on your new car.

Try before you buy

When considering a large undertaking such as purchasing a new car, it’s worth the time to visit it in person. Make sure to check the interior, exterior and service history of the car.

Additionally, as part of our car loan package we provide a free health check on any car and garage.

Quick turnaround

If you apply for a car loan with Quick Car Finance you will get a decision in a matter of minutes. If you are approved you could also get the money transferred to you within 24 hours meaning you could be driving away the very next day.

Payment terms that work for you

When you take out a car loan with us, you can choose repayment terms that suit your specific situation. We provide both short-term and long-term car finance (12-60 months), as well as no deposit options.

Most credit scores considered

We work with 17 trusted finance lenders and banks that consider 64 credit tiers. So whether you have bad credit, CCJ, IVA or have been refused finance in the past, we could provide you with a personal loan for your car.

Car Loans FAQ

You can check your eligibility in less than 5 minutes. You can get a quote by entering a few details in our car finance calculator and we will provide you with a list of personal loan options and pair you with the right lender. However, as a minimum you will need to be aged over 18, be a resident of the UK and have a high enough income to afford monthly repayments.

We require a few basic details to provide you with a competitive car loan quote for your new or used car, including:

  • Your budget
  • Your credit status
  • Type of vehicle
  • Type of driver’s license
  • Employment details
  • Monthly income
  • Address

Yes, if you are self-employed you could still secure a personal loan for your car. This will not impact your ability to access a car loan – and you will be treated the same as every other customer. You will be provided to show proof of income and affordability further along the application.

Yes, if you have a bad credit history you could still secure a personal loan for your car. We work with a variety of lenders who consider applications for personal loans from people who have a poor credit history. A car loan could also help you improve your credit score as well by making monthly repayments on time.

Car loans generally come in three different types: personal loans, hire purchase (HP), and personal contract purchase (PCP). Personal loans are not secured against the vehicle, which when approved can be transferred straight to you to pay the dealership. Hire purchase involves paying a slighter higher fee but means you will eventually own the vehicle outright. While PCP is the most common type of car loan and is similar to HP but has smaller monthly payments, followed by an optional final balloon payment.

Yes, our car loan companies and car dealers are usually willing to take a view on part exchange. So if you are looking to trade in your existing car, you may be able to use this to pay for either full or part of your deposit for a new vehicle – and lower the price of future monthly payments.

Quick Car Finance provides instant quotes when you compare car loans and if you wish to continue, the final checks are usually completed on the same day.

The funds are transferred to the car dealer of your choice usually within 24 to 48 hours.

Apply for your car loan today!

Our entire car loan application process is completed online and requires just a few quick questions to determine your budget and affordability.

You will get a list of instant car loan quotes on the screen and can proceed with the deal of your choice.

There are no fees for applying and it will not impact your credit score.