Refinance your car
Have a car on finance? See if you could save by switching to the Halifax.
Our refinance options
You can switch from a hire purchase (HP) or personal contract purchase (PCP) agreement with another provider. Choose either HP or PCP with us.
Borrow from £3,000 to £60,000. Sign in and use our calculator to find your personalised .
Fixed Car Finance (HP)
Our hire purchase finance is ideal if you want to own the car at the end of the agreement.
- Set a 1 to 5 year term.
- Pay a fixed amount each month.
- Own the car when the agreement ends.
3.4% APR representative when you borrow between £7,000 to £25,000.
Flex Car Finance (PCP)
Our personal contract purchase finance is ideal if you want to pay less each month and have the option to own the car.
- Set a 1 to 4 year term.
- Pay less each month than you would for HP.
- Return the car at the end of the term or pay a final lump sum to own it. Conditions apply.
5.9% APR representative when you borrow between £7,000 to £25,000.
To return the car at the end of the term, you'll need to pay off any excess mileage fees. Ensure the car is in good condition to avoid being charged.
How much you would pay for our HP
This example shows you what you might pay if you switch to our hire purchase product, Fixed Car 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 (includes £10 purchase fee). Representative 3.4% APR, annual interest rate (fixed) 3.31%.
This example uses the representative APR. This is the rate at least 51% of customers are expected to get for our HP product with the mentioned amount and term range.
What you could save
These examples show you what you could save if you switch to our hire purchase product, Fixed Car Finance.
What can affect how much you save
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.
If you change to a longer term when you refinance, you could pay more interest in total.
How it works
Have any questions?
Check out our frequently asked questions if you want to know more.
If you can't find what you're looking for, call us on 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.