UK Car Loan

£40,000 car loan at 3.9% APR over 2 years

Indicative monthly repayment and total cost for a UK car loan of £40,000 at a 3.9% representative APR.

Monthly repayment

£1,735.22

Total interest

£1,645.21

Total repaid

£41,645.21

Is this a good rate?

UK car loan APRs typically range from around 6% for excellent credit to 25%+ for sub-prime borrowers. At 3.9%, a £40,000 loan costs £1,735.22 per month and £1,645.21 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

£40,000 at 4.9% · 2yr £40,000 at 5.9% · 2yr £40,000 at 6.9% · 2yr £40,000 at 7.9% · 2yr £40,000 at 8.9% · 2yr £40,000 at 9.9% · 2yr

Other amounts at 3.9%

£3,000 at 3.9% · 2yr £5,000 at 3.9% · 2yr £7,500 at 3.9% · 2yr £10,000 at 3.9% · 2yr £12,500 at 3.9% · 2yr £15,000 at 3.9% · 2yr