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Car Finance Calculator

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

How does car finance work?


With Car Finance Plus, you borrow against the car you’re buying. We’ll pay the dealer directly when you’ve agreed all the details, so you don’t need to worry about the upfront cost.

Get a great rate of 3.5% APR representative when you borrow from £7,500 to £60,000.

Watch our quick video to find out more on how car finance works with Bank of Scotland.

Credit is subject to status and additional affordability checks.

Our car finance features

  • Get a no-obligation quote with no credit searches
  • Applying online is simple
  • Majority of UK dealers covered
  • Re-pay early at no extra cost.

You can apply if you're:

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

Your car finance options

Car Finance Plus offers you the choice between two options:

  • Fixed Car Finance (hire purchase), with fixed monthly repayments until the end of the term, and then you own the car afterwards
  • Flex Car Finance (personal contract purchase), where you make low fixed monthly repayments and it’s up to you whether you return the car at the end, or pay a final lump sum to own it (return conditions apply).

Pick your type of finance

Our two finance options give you the freedom to pay for your car the way that suits your budget.

Compare finance options

Prefer a different route?

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

Compare finance and loans