Car Finance Calculator

Are you looking to buy a car? Our handy calculator helps you understand the monthly cost of a Fixed (Hire Purchase) or Flex (Personal Contract Purchase) Car Plan

The calculator is for illustrative purposes and the rate you receive will depend on your personal circumstances, choice of product and amount you wish to borrow. You can find out your personalised rate by logging in to Internet Banking.

What's this?

This is the total price of the car you want to buy or the price you’ve negotiated with your dealer. If you haven’t chosen a car, enter the amount you plan to spend.

What's this?

Your deposit is the amount of money you pay upfront to secure the car. Include any part exchange paid for your existing car, if you’re trading it in.

What's this?

You can choose how many months you want to repay your car finance over. The longer the term the lower the monthly repayments, but the more you’ll pay in interest.

Representative example:

You could borrow £13,000 over 48 months with 48 monthly repayments of £291.99. Total amount repayable will be £14,015.52 (including £10.00 purchase fee). Representative 3.8% APR, annual interest rate (fixed) 3.70%.

Option 1

Fixed Car Plan (HP)


Option 2

Flex Car Plan (PCP)

Total repayments

The Total Repayment shown for Flex Car Plan (PCP) includes the optional lump sum.

Optional Lump sum

This is our predicted future value of the goods at the end of the finance agreement and only applies to Flex Car Plan (PCP). You can either pay the optional lump sum to own the car, or hand the car back – return conditions apply. To find out more, view our product comparison page.

For Flex Car Plan the final repayment of the term will be for the optional lump sum

You can apply if you're:

  • An existing Bank of Scotland personal current account holder (minimum 3 months)
  • Registered for Internet Banking
  • Aged 18 or over
  • A UK resident

Lending is subject to status and additional affordability checks.

Get a quote now

Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.