Buy a car with a Nationwide loan

When you use a Nationwide personal loan for a car, there's no need to worry about deposits, excess mileage or damage charges.

Using a Nationwide loan, you'll:

  • Own the car outright
    If your loan covers the full cost of the car

  • Have fixed monthly payments
    They won't change during the term of your loan

  • Pay no hidden fees
    We won't charge you for setting up, overpaying or settling your loan early.

Representative example

6.4% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 60 months at an interest rate of 6.4% p.a. (fixed). Monthly repayment £194.35. Total amount payable £11,661.00.

This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years for our members with a mortgage, savings or current account. You could be offered a different rate based on your personal circumstances. The maximum you could receive is 29.9%.

We offer personal loans for terms from 12 months up to 7 years. You can choose the term in years or months when you apply.

To apply for a loan

You can apply if:

  • you have a monthly income of £700 after tax. If you're self-employed, you'll need to be able to prove a minimum of 1 year's income through an accountant's certificate, SA302 form or HMRC online tax calculation
  • you live and work in the UK
  • you're between 18 and 79 years old
  • you're a member of Nationwide. You're a member if you have a current account, mortgage or savings account with us.

If you're applying for a joint loan, other criteria will apply.


Our personal loans are for Nationwide members. We'll cancel your application if you apply and you're not a member.

Loan calculator

See what borrowing towards a new car could look like. Get an estimate for the interest rates and repayments of our personal loans for a car.

Related links

Other ways to borrow

A loan might not always be the right way to borrow the money you need. There might be a more suitable option for your financial situation. Learn about:

Nationwide adheres to The Standards of Lending Practice, which are monitored and enforced by the LSB: (opens in a new window)