Important information: to take car finance with us, you'll need to be aged 18 or over, a UK resident, hold a current account with us (min 3 months) and be registered for Online Banking. We are unable to refinance cars from existing Bank of Scotland, Halifax, or Lloyds customers.

Your car finance switching options

Switching your car finance to Halifax could help you lower your monthly repayments or spread the cost of a final lump sum payment. You could switch your Personal Contract Purchase (PCP) or Hire Purchase (HP) to us.

There’s no credit check and no early repayment charges. Why not switch your car finance today?

Hire Purchase (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.

3.8% APR representative when you borrow between £7,000 to £25,000.

Sign in to get a HP quote

Personal Contract Purchase (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.

Sign in to get a PCP quoteSign in to get a PCP quote


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 £291.99. Total amount repayable will be £14,015.52 (includes £10 purchase fee). Representative 3.8% APR, annual interest rate (fixed) 3.74%.

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.

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.

Is a car loan right for me?

If you're not eligible for Hire Purchase or Personal Contract Purchase, could still purchase a car with a personal car loan.

See more on car loans

Have any questions?

Check out our frequently asked questions if you want to know more.

If you need help with your car refinance application, 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.