Refinance your car

Switching your car finance to the Halifax could help you lower your monthly repayments or spread the cost of your lump sum final payment over a longer term. Just tell us how much you need to settle things with your current lender and a few details about your car to start your refinance.

Get started

Why should I refinance my car with the Halifax?

  • Switch existing HP or PCP finance.
  • Online quotes and approval.
  • No credit check needed.
  • Simple HP with fixed monthly repayments.
  • Keep your current car.
  • No early repayment charges on our finance.

Representative example

You could borrow £13,000 over 48 months with 48 monthly repayments of £289.75. Total amount repayable will be £13,908. Representative 3.4% APR, annual interest rate (fixed) 3.31% APR.

This example shows you the rate you could get as a current account customer taking out our HP product. For a personalised quote based on your own circumstances, you’ll need to sign in to Online Banking.  

You could save

£36.71 per month on £13,000 finance at 3.4% APR representative if your current rate is 9.9%

£34.85 per month on £13,000 finance at 8.9% APR if your current rate is 15%.

  • If you’re offered a higher rate, any potential savings will be different.
  • These are illustrative examples which don’t take into account any settlement fees incurred, gap insurance, warranties or add-ons included with your current finance.
  • This saving is based on moving from an existing HP product to our HP product.
  • You could pay more interest overall if you refinance your car over a longer term than your current agreement.

How to refinance your car

Get your quote.

Sign in to tell us about your car and your current finance.

See your decision.

Find out if you’re approved.

Make your switch.

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

Ready to apply?

Before you start, you must have:

  • existing car finance, not with the Halifax, Bank of Scotland or Lloyds Bank
  • an active Halifax current account open (3 months min).

And be:

  • 18+ and a UK resident
  • registered for Online Banking  
Start my switch

Any questions?

Check out our FAQs if you want to know more.

Go to FAQs

Can’t find what you’re looking for?

Call: 0333 202 7967. Lines are open from 9am – 5pm Monday – Friday, 9am – 1pm on Saturdays and closed on Sundays.

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