A Royal Bank of Scotland unsecured loan to buy a new or used car, with no deposit and fixed repayments.
With a fixed rate and fixed monthly repayments, you know exactly what you will pay each month and when the loan will be cleared.
Compare the representative APR, the total amount repayable and any fees before you decide.
Benefits of the Royal Bank of Scotland Car Loan
- Own the car outright: The car is yours from the start with no balloon payment.
- Unsecured borrowing: The loan is not secured against your home or other assets.
- Fixed monthly repayments: Your interest rate and repayments stay the same for the whole term.
- Check before you apply: An eligibility check uses a soft search, so it does not affect your credit score.
- Overpay or settle early: You can make overpayments or repay early; a statutory early-settlement charge of up to 58 days' interest may apply.
| Feature | Detail |
|---|---|
| Loan amount | £1,000 to £50,000 |
| Term | 1–5 years under £7,500; 1–8 years from £7,500 |
| Representative APR | Varies by amount and term – check the current representative APR on the official site |
| Eligibility | UK residents aged 18+; existing customers may apply in the app |
| How to apply | Online via the official website |
Key features
Own the car outright: The car is yours from the start with no balloon payment.
Unsecured borrowing: The loan is not secured against your home or other assets.
Fixed monthly repayments: Your interest rate and repayments stay the same for the whole term.
About The Royal Bank of Scotland plc
The Royal Bank of Scotland plc is an established UK provider of personal finance products, authorised and regulated in the UK. Applying is straightforward and mostly online.
We compare independently and then send you to the provider’s official website to apply. We are not a lender or credit broker.
All rates depend on your circumstances and are subject to status. Representative examples and final terms are set by The Royal Bank of Scotland plc.