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UK Car Loan

£12,500 car loan at 12.9% APR over 5 years

Indicative monthly repayment and total cost for a UK car loan of £12,500 at a 12.9% representative APR.

Monthly repayment
£283.77
Total interest
£4,526.44
Total repaid
£17,026.44

Is this a good rate?

UK car loan APRs typically range from around 6% for excellent credit to 25%+ for sub-prime borrowers. At 12.9%, a £12,500 loan costs £283.77 per month and £4,526.44 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

£12,500 at 3.9% · 5yr£12,500 at 4.9% · 5yr£12,500 at 5.9% · 5yr£12,500 at 6.9% · 5yr£12,500 at 7.9% · 5yr£12,500 at 8.9% · 5yr

Other amounts at 12.9%

£3,000 at 12.9% · 5yr£5,000 at 12.9% · 5yr£7,500 at 12.9% · 5yr£10,000 at 12.9% · 5yr£15,000 at 12.9% · 5yr£17,500 at 12.9% · 5yr