Refinance your car

Have a car on finance? See if you could save by switching to the Halifax.

Get a quote online in minutes

You will find out your rate and the total amount repayable. Here you could check whether you'd be paying more or less than on your current deal.

If you're happy with the quote, you can continue and apply for the refinance.

Your finance needs to be with another provider, not us, Lloyds Bank, or Bank of Scotland.

You must be aged 18 or over and be registered for Online Banking. You need to have a current account with us that you've regularly used for at least three months.

Sign in for a quote

Why refinance with us?

Switching your hire purchase (HP) or personal contract purchase (PCP) car finance to us could save you money.

You might be able to lower your monthly repayments or spread the cost of your final lump sum payment.

  • No credit check needed.
  • Choose either our HP or PCP car finance.
  • Get a quote and apply online.
  • Manage your car finance online.
  • No early repayment charges with us.

  

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 quote.

 

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.

For a personalised quote, please sign in.

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.

If your current finance is £13,000 at 9.9% APR, you could save £36.71 per month with us if we offer you 3.4% APR representative.

If your current finance is £13,000 at 15% APR, you could save £34.85 per month with us if we offer you 8.9% APR.

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

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.

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 Bank of Scotland.

You need to be:

  • aged 18 or over
  • registered for Online Banking
  • a Halifax current account holder. 

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

Get started

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.