The challenging times we’re all experiencing means we’re getting a lot more calls than usual and our call times are longer. So we can support people in the most vulnerable situations, we ask that you only call us if your enquiry is urgent. You can still use our online and mobile banking services and our automated service.

Your car finance options

Pay for your car the way that suits you

Car Finance Plus gives you two types of finance to choose from, Fixed Car Finance (hire purchase) and Flex Car Finance (personal contract purchase). So you can pay for your chosen car the way that’s best for you.

Whichever option you prefer, there’s no extra cost to repay early and everything can be managed online. Get a great rate of 3.8% APR representative when you borrow from £7,000 to £25,000.

Watch our short video on the two types of car finance and compare the key features below.

Car Finance Calculator

Enter how much you want to spend and find the term and deposit that suit your budget.

Calculate your repaymentsCalculate your car finance repayments

Fixed Car Finance (hire purchase)

Simple regular repayments, and you’ll own the car at the end.

Features and benefits

  • Fixed monthly repayments
  • You own the car after the last repayment
  • No mileage limit.

Keep in mind

  • You can’t sell the car until the finance is paid off
Log in for a quote

Flex Car Finance (personal contract purchase)

Pay less each month, and decide at the end if you want to keep the car.

Features and benefits

  • Low fixed monthly repayments
  • Choose to pay a lump sum ar the end of the term and own the car, or just return it.

Keep in mind

  • You can't sell the car until the finiance is paid off
  • You'll agree on an annual mileage limit - extra fees will apply if you exceed it
  • There may be extra fees if you return the car and it's not in a good condition.
Log in for a quote

Car Finance in 3 easy steps

1. Calculate your options

Choose how much to borrow and find the term that suits your budget. You’ll get a no-obligation quote straight away.

2. Get an instant decision

Once you’ve got your quote, applying online is easy and only takes a few minutes. Then we’ll give you an answer on the spot.

3. Pick up your new car

When you have chosen the vehicle at your dealership, we’ll pay them directly, so you can get on the road in no time.

You can apply if you’re:

  • an existing Bank of Scotland personal current account holder (minimum 3 months)
  • aged 18 or over
  • a UK resident
  • registered for Internet Banking

Prefer a different route?

You could also take out a personal loan and buy the car from the dealer yourself.

Compare finance and loans

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.