Have you finally found your dream wheels?
Voted UK’s Best Personal Loan Provider for the last 9 years running
Low rate car loans from
7.4 % APR
Representative on £7,500 to £25,000
Representative on £7,500 to £25,000
Buying your dream car can be an easy ride with a low APR car loan
Take out a personal car loan with us and you could enjoy the best rates, flexible repayment terms and outstanding customer support. What’s not to love? Let’s move up a gear – apply for a car loan now and get an instant decision.
Start your journey today
Take your car loan for a test drive with our online loan calculator. Find out your estimated total or monthly repayments depending on how much you need to borrow and over how long.
Our price promise
Remember, the rate you are offered may vary due to personal circumstances and loan amount, the majority of our customers receive the advertised rate. However, if you complete an application directly via the Novuna Personal Finance website and are given a higher APR, we guarantee that you'll never pay more than £236.39 per month with our maximum 32.7% APR Representative when you borrow £7,500 over 5 years*.
The maximum APR you could be offered when you borrow other loan values is 36.4%*. All loans are subject to status.
*Only for applications carried out directly via the Novuna Personal Finance website
Please enter a loan amount using the plus or minus keys or by typing into the field.
To make things a little easier for you to find the right loan amount and term, please note:
- The loan amount should be between £1,000 and £35,000 only
- You can borrow between £1,000-£7499.99 over a period of 2 to 5 years only (24 months to 60 months)
- You can borrow between £7,500-£25,000.99 over a period of 2 to 7 years only (24 months to 84 months)
- You can borrow between £25,001-£35,000 over a period of 4 to 5 years only (48 months to 60 months)
You can enter a loan amount using the plus and minus keys or by typing into the field
How does a car loan work?
A car loan is a type of personal loan specifically used to purchase a vehicle. Unlike typical car finance arrangements (such as car leasing, Personal Contract Purchase or Hire Purchase), a loan allows you to borrow the money you need to buy your car outright.
This effectively makes you a cash buyer, which could help you to negotiate a better deal or bypass inflated APR rates often offered by dealerships. You can find out more about the difference between car finance and personal loans in our article.
So how can you use a personal loan to buy a new or used car?
- Fill out our online application form
- If accepted, read and sign your credit agreement
- Look out for the funds arriving in your account within two working days
- With the money you need ready to spend, start the hunt for your dream car!
How much money can I borrow?
With a car loan from Novuna Personal Finance, you can borrow from £1,000 up to £35,000.Loan calculator
Drive away with the best car loan interest rates
We offer low-rate car loans from 7.4% APR Representative (£7,500-£25,000). There are no additional fees or charges to worry about either. So you won’t owe us a penny more than the money you’ve borrowed, plus interest.Get your quote
What can I use my low-rate car loan for?
Our personal loans are tailor-made for you, so you can choose how you spend your money. Plan for a new family car, your very first motor or the classic car you’ve always dreamed of.
Buy a brand-new car
Avoid the high interest rates that often come with new car finance by taking out a personal loan to pay for your new car instead.
Car loans for used cars
Wondering whether you should buy a used or new car? You can negotiate the best deal on a used car by having the money in your account all ready to go thanks to a personal car loan.
Buy from a private seller
Paying for your car in full could give you that all-important bargaining power.
Negotiate a better deal
When you get a personal loan, you'll have the cash you need to buy a car upfront. This effectively makes you a cash buyer which could help you get a better deal.
Get an electric vehicle
If you’re one of the 34% people considering buying an EV as their next car (according to Which?) you could make your journey to sustainability more affordable with a low APR EV loan.
Car repair loans
Our car loans can be used to help spread the cost of your car repairs, helping to make an expensive bill a little more manageable.
Car loan FAQs
Read our customer stories
"I needed a new family car, but finance options were too complicated"
When Jean was looking for a car, she wanted to find a simple way to pay. Novuna Personal Finance made getting a car loan quick and easy so Jean could drive away in the car she wanted.Read Jean's story
Real customer experiences
Customer satisfaction is vital to our success, which is why we’re the only provider to give full visibility of our reviews, updated in real-time, 24 hours a day. Read all reviews.