Buying a car with a loan

Sporty or practical? Brand new, or a few miles on the clock? Whatever plans you have, a car loan could help.

Buying a car with a Personal Loan means you can buy directly from a car dealer or private seller. The car will be yours from day one, and having the cash from the car loan available in your account may help get a better deal. Plus, you could even end up with some money left over.

If you have a Halifax current account, it only takes about 1 minute to get a personalised quote in Online Banking, without impacting your credit rating. You’re able to apply for a Personal Loan even if you don't bank with us.

3.5% APR representative for loans of £7,500 to £25,000 over 1 to 5 years

Here are a few points to consider before you buy your next car.

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Work out your budget

Use our handy Loan Calculator to find out what your monthly repayments could be, and whether a car loan is the right option for you.

If you have a Halifax current account, you can get a personalised quote in just 1 minute through Online Banking.

Do your homework

Once you know your budget, you can start looking for cars in your price range. Be sure to compare prices of similar cars so you don’t pay more than you need to.

It’s also a good idea to get insurance quotes and check car tax rates before you buy. Keep in mind the cost of any work that might be needed too.

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Take someone with you

When you’re viewing a car, try to go with someone who knows what to look out for. They will be able to spot any issues that you might have missed.

Make sure to view cars in daylight and always ask to test drive any car before you buy.

Apply for a Personal Loan to buy a new car

With Halifax it's easy to apply for a Personal Loan. The decision whether to offer you a loan, the amount we’ll lend you and the interest rate will all be based on an assessment of your individual circumstances. Check out how it works for existing and new customers:


I have a Halifax Current Account

  • You can apply for between £1,000 and £50,000
  • Choose to make your monthly repayments over 1 to 7 years
  • Get your quote with no credit searches
  • It takes about 1 minute to get your personalised quote in Online Banking
  • If you’re approved, you could have the money in your Halifax current account in minutes. 

It’s quick and easy to get one step closer to your dream car today. Tap ‘Apply Now’ to log-in and apply through the loans calculator.

Apply Now

Alternatively you can call us on 0800 068 2377 (Lines open 8am–10pm, 7 days a week) or visit your local branch


I don’t have a Halifax Current Account

  • You can apply for between £1,000 and £25,000
  • Choose to make your monthly repayments over 1 to 7 years.
  • It takes about 10 minutes to apply online and get a decision.
  • If you’re approved, you should have the money in your chosen account within 5 working days. 

Apply to get one step closer to your dream car today. Tap ‘Apply Now’ to apply online.

Apply Now

If you already have a Halifax credit card, mortgage or existing loan, you can also apply by calling us on 0800 056 7268 (Lines open 8am–10pm, 7 days a week).

Looking for other ways to buy your dream car? Have a look at our other borrowing options to see which one is best for you.

Car Finance.


Lending and rate are subject to status. Available to UK residents aged 18+.

Loans are provided by Halifax. Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ.