UK Car Loan

£30,000 car loan at 14.9% APR over 4 years

Indicative monthly repayment and total cost for a UK car loan of £30,000 at a 14.9% representative APR.

Monthly repayment

£833.40

Total interest

£10,003.32

Total repaid

£40,003.32

Is this a good rate?

UK car loan APRs typically range from around 6% for excellent credit to 25%+ for sub-prime borrowers. At 14.9%, a £30,000 loan costs £833.40 per month and £10,003.32 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

£30,000 at 3.9% · 4yr £30,000 at 4.9% · 4yr £30,000 at 5.9% · 4yr £30,000 at 6.9% · 4yr £30,000 at 7.9% · 4yr £30,000 at 8.9% · 4yr

Other amounts at 14.9%

£3,000 at 14.9% · 4yr £5,000 at 14.9% · 4yr £7,500 at 14.9% · 4yr £10,000 at 14.9% · 4yr £12,500 at 14.9% · 4yr £15,000 at 14.9% · 4yr