UK Car Loan

£10,000 car loan at 4.9% APR over 5 years

Indicative monthly repayment and total cost for a UK car loan of £10,000 at a 4.9% representative APR.

Monthly repayment

£188.25

Total interest

£1,295.27

Total repaid

£11,295.27

Is this a good rate?

UK car loan APRs typically range from around 6% for excellent credit to 25%+ for sub-prime borrowers. At 4.9%, a £10,000 loan costs £188.25 per month and £1,295.27 in total interest.

Cheaper alternatives

0% dealer finance — manufacturer-subsidised, usually only on new cars.
0% purchase credit cards (12–24 months) for smaller amounts.
Personal loans from your current bank often beat dealer APRs.

Same loan, different rates

£10,000 at 3.9% · 5yr £10,000 at 5.9% · 5yr £10,000 at 6.9% · 5yr £10,000 at 7.9% · 5yr £10,000 at 8.9% · 5yr £10,000 at 9.9% · 5yr

Other amounts at 4.9%

£3,000 at 4.9% · 5yr £5,000 at 4.9% · 5yr £7,500 at 4.9% · 5yr £12,500 at 4.9% · 5yr £15,000 at 4.9% · 5yr £17,500 at 4.9% · 5yr