Car Loans

      • Borrow from £1,000 to £50,000 to put towards your new car
      • Choose your loan length with terms from one to seven years
      • Apply online with ease and get a guaranteed rate upfront
      • Receive a personalised quote without affecting your credit score

Check your eligibility

All loans are subject to status. Terms and conditions apply

Boy In Car With Dog

Why choose us for your car loan?         

We do things differently.

We value flexibility. That’s why we offer car loans from £1,000 to £50,000 with terms from one to seven years. And with a personalised quote and a guaranteed rate, you’re always in the driver’s seat. So, you can search for your next motor knowing exactly what you can spend, how much you’ll pay back, and over how long for.

We’re also proud to be award-winning. We’ve been voted FRA’s Best Unsecured Lender and Moneynet’s Best Personal Loans Provider.

Who can apply?

We know everyone is different. That’s why we look at every customer individually. But we do have some criteria you’ll need to meet before we can consider your car loan application. You must:

      • Be aged 21 to 75
      • Have been a UK resident for at least three years
      • Have an annual income of at least £15,000
      • Have a personal bank account in the UK
      • Have a good credit history with no outstanding County Court Judgements (CCJ)

Get my personalised quote

See what our customers have to say 




Apply for a car loan

We believe in being fair and transparent.

When you apply for a loan quote with us, we run a soft credit check that doesn’t impact your credit score. You’ll get an upfront, guaranteed rate if you’re eligible. That way, you can decide if our home improvement loan is right for you before applying.

If you’re eligible and accept our rate, you’ll need to provide us with your bank details and sign your documents online. Once we’ve approved your loan and signed the agreement, we’ll send you your funds within three working days — ready for you to find your dream car.

Apply for a personalised quote

What do I need to apply?

To receive a quote, you’ll need to meet our eligibility criteria and provide us with the following information:

  1. Residential addresses for the last three years
  2. Contact details, including an email address
  3. Your current employment information

Representative Example

The rate we offer you will depend on your circumstances.

Representative Example: for comparison purposes, 16.9% APR Representative based on a loan of £10,000 repayable over 60 months (five years) with an interest rate of 16.9% p.a. (fixed). Monthly payment of £241.68 total amount repayable £14,500.74.

All personal loans are subject to status. The interest rate offered will vary depending on our assessment of your financial circumstances and your chosen loan amount. That's why you won't find a loan calculator on our website. To find out more about this as well as our commitment to transparency, visit our guide on Why Shawbrook Bank doesn't use loan calculators.

We offer loans from £1,000 to £50,000 with loan terms from one to seven years. The maximum APR rate you could be offered is 34.9%.


Family Filling Up Car

About Shawbrook

Personal loans without the confusion.

We’re proud to be a different kind of bank. We’re committed to being fair and transparent with everyone that applies for a personal loan, so this is our promise:

  • Honest: What you see is what you get.
  • Open: We want you to get the rate that’s right for you.
  • Fair: Get a rate that’s based on your individual circumstances.
  • Upfront: If it’s not good for you, it’s not good for us
  • Clear: We won’t waffle.

View our Transparency Charter


Need help?

We’re standing by to help with your application.

Call us on 0345 600 6260

Opening Hours (Exc. Bank Holidays)
Mon - Fri 9am - 7pm
Sat 10am - 2pm
Sun Closed

About Our Car Loans

If you have any questions about our car loans, please visit our help centre.

A car loan is a personal loan taken out to purchase a new or used car.

Our car loan is an unsecured loan. This means it’s not secured against your car or any other personal assets or property.

The terms car loan and car finance are often used interchangeably. But they are different.

Our car loan is a personal loan that you take out for the purpose of purchasing a car. this is a standalone loan and it is not secured on your vehicle. You can use the funds from a personal loan to finance your car, but it’s not car finance.

Car finance refers to car-specific financial products such as:

  • Hire purchase (HP) agreements
  • Personal contract purchase (PCP) agreements
  • Personal contract hire (PCH) agreements

Car finance is usually taken out through a dealership when you’re buying a car, although you can take out a separate policy. The main difference is that with car finance, you’re loaning the use of your car; with a car loan, you’re borrowing money to purchase a car outright.

For more information, read our Ultimate Guide to Financing a Used Car.



After you apply for a quote for us, we’ll let you know if you’re eligible for a loan. If you are, we’ll provide you with a guaranteed, personalised rate.

If you accept your quote, you’ll then provide your bank details and sign your loan documents, this is all done online. Before we sign the loan documents, we’ll carry out a hard credit check along with some other final checks. Once we’re happy, we’ll approve your application and transfer your funds. The money will be in your account within three working days.


Of course — you have the right to pay a personal loan back early or make an additional monthly repayment under the Consumer Credit Act. But it’s important to know that this may be subject to an early repayment charge.

To discuss your options with a member of our team, please contact us. If you have taken out a loan with us on or after 13th December 2021, you can also log in to your customer portal to contact us:

Alternatively, you can find out more by reading our guide on paying off a loan early.

As with all loans, you need to make sure that it’s right for you and your financial circumstances.

Some things to consider include:

  • Your different purchase options and whether a loan will suit you more than a car finance agreement
  • The price of the car and whether your loan amount will cover this
  • The interest rate of the loan and the total cost of the credit so you can understand whether you can afford to make repayments, on time every time

For more information, visit our guide on how to get a car loan.

Don't just take our word for it

Thanks to our consistency and customer focus, we have won awards for best unsecured lender and been awarded an excellent rating on Trustpilot.

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