Refinance your car

Already have a car on finance with another provider? See if you can save by switching to Bank of Scotland.

Ready to apply?

If you're ready to apply for Bank of Scotland Car Refinance, get a personalised quote and see how much you could save. We'll then need a few details about you, your car and current car finance.

Get a personalised quote

Still undecided? Find out more about our refinance options below.

Flex Car Finance (PCP) features

Our personal contract purchase finance is ideal if you want to pay less each month than our HP or loans and have the option to own the car.

  • 4.5% APR representative when you borrow between £7,000 to £25,000.
  • Set a 1 to 4 year term.
  • Lower monthly repayments than for our HP or personal loans.
  • No credit check needed.
  • Return the car at the end of the term or pay a final lump sum to own it - yearly mileageIf you've exceeded the agreed mileage allowance on return of the car, you'll need to pay an excess mileage charge. You can avoid this by agreeing a realistic mileage at the start. and return conditions apply.

Fixed Car Finance (HP) features

Our hire purchase finance is ideal if you want to own the car at the end of the agreement.

  • 3.8% APR representative when you borrow between £7,000 to £25,000.
  • Set a 1 to 5 year term.
  • Pay a fixed amount each month.
  • No credit check needed.
  • Own the car when the agreement ends.

And with both our refinance options, you can get a quote and apply online - with a quick decision. Also, we won't charge you for early repayment.

Other borrowing amounts are available at different rates.

Lending is subject to status and additional affordability checks.

How our refinance works

Sign in for a quote

It's quick and easy to find out how much it will cost you.

Ask your provider for a settlement quote so that you can use accurate information.

Get a quick decision

Find out if you're approved without a credit check.

Make your switch

Email your settlement figure, so we can switch you over.

Follow these easy steps to help find the right finance option for you

1. Work out your budget with a quick quote

Get a quick quote

2. Decide which finance option works for you

Compare car finance options

3. Already found a car? Get a full quote

Get a full quote

Sign in to get started

Just tell us about your car and your finance. Your finance needs to be with another provider, not us, Lloyds Bank, or the Halifax.

You need to be:

  • aged 18 or over
  • registered for Online Banking
  • a Bank of Scotland current account holder. 

You must have regularly used your current account for at least three months.


Start your application 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.