Find a dealer
The AA
The AA
  • Used Cars
    Back Used Cars
    • Browse by Manufacturer
      Back Browse by Manufacturer
      • Audi
      • BMW
      • Citroen
      • Ford
      • Hyundai
      • Jaguar
      • Kia
      • Land Rover
      • Mercedes
      • MINI
      • Nissan
      • Peugeot
      • Porsche
      • Renault
      • Skoda
      • Toyota
      • Vauxhall
      • Volkswagen
      • Volvo
      • Browse by manufacturer
      • Search all used cars
    • Browse by Model
      Back Browse by Model
      • Audi A1
      • Audi A3
      • Audi Q5
      • BMW 3 Series
      • Fiat 500
      • Ford Fiesta
      • Ford Focus
      • Ford Kuga
      • Kia Sportage
      • Mercedes A Class
      • Mercedes C Class
      • MINI Hatch
      • Nissan Juke
      • Nissan Qashqai
      • Peugeot 208
      • Range Rover Evoque
      • Toyota Yaris
      • Vauxhall Astra
      • Vauxhall Corsa
      • Vauxhall Mokka
      • Volkswagen Golf
      • Volkswagen Polo
      • Volkswagen Tiguan
      • Search all used cars
    • Browse by Location
      Back Browse by Location
      • Belfast
      • Birmingham
      • Bristol
      • Cardiff
      • Doncaster
      • Edinburgh
      • Glasgow
      • Hull
      • Leeds
      • Leicester
      • Liverpool
      • London
      • Manchester
      • Newcastle
      • Norwich
      • Nottingham
      • Portsmouth
      • Sheffield
      • Southampton
      • Swindon
      • All locations
    • Browse by Bodystyle
      Back Browse by Bodystyle
      • SUVs
      • 7 Seaters
      • Sports cars
      • 4x4
      • Estates
      • Hatchbacks
      • Motorhomes
      • Family cars
      • Convertibles
      • Coupes
      • Saloons
      • Luxury cars
      • People carriers
      • City cars
      • Superminis
      • Super cars
      • Executive cars
    • Browse by Fuel type
      Back Browse by Fuel type
      • Used diesel cars
      • Used electric cars
      • Used hybrid cars
      • Used petrol cars
    • Browse by Transmission
      Back Browse by Transmission
      • Used automatic cars
      • Used manual cars
    • Browse by Maximum price
      Back Browse by Maximum price
      • Used cars under £30,000
      • Used cars under £20,000
      • Used cars under £15,000
      • Used cars under £10,000
      • Used cars under £5,000
      • Used cars under £4,000
      • Used cars under £3,000
      • Used cars under £2,000
      • Used cars under £1,000
    • Buying advice
      Back Buying advice
      • Best used 4x4 cars
      • Best used 7-seater cars
      • Best used electric cars
      • Best used estate cars
      • Best used family cars
      • Best used first cars
      • Best used fuel efficient cars
      • Best used hybrid cars
      • Best used second-hand cars
      • Best used small cars
      • Best used sports cars
      • Best used SUV cars
    • Car checks and delivery
      Back Car checks and delivery
      • Used vehicle inspection
      • Car history check
      • Vehicle delivery
  • Used Vans
    Back Used Vans
    • Browse by Manufacturer
      Back Browse by Manufacturer
      • Citroen
      • Fiat
      • Ford
      • Isuzu
      • Iveco
      • Mercedes
      • Mitsubishi
      • Nissan
      • Peugeot
      • Renault
      • Toyota
      • Vauxhall
      • Volkswagen
      • Search all used vans
    • Browse by Model
      Back Browse by Model
      • Citroen Dispatch
      • Citroen Relay
      • Ford Ranger
      • Ford Transit
      • Ford Transit Connect
      • Mercedes Sprinter
      • Mercedes Vito
      • Mitsubishi l200
      • Nissan Navara
      • Peugeot Boxer
      • Peugeot Expert
      • Peugeot Partner
      • Renault Kangoo
      • Renault Trafic
      • Toyota Hi Lux
      • Vauxhall Combo
      • Vauxhall Movano
      • Vauxhall Vivaro
      • Volkswagen Caddy
      • Volkswagen Crafter
      • Volkswagen Transporter
      • Search all used vans
    • Van checks and delivery
      Back Van checks and delivery
      • Used vehicle inspection
      • Van history check
      • Vehicle delivery
  • Finance
    Back Finance
    • Car finance
    • Car finance calculator
    • Eligibility checker
    • Car finance explained
    • PCP car finance
    • HP car finance
    • Car loans
  • Leasing
    Back Leasing
    • Car leasing
      Back Car leasing
      • All car leasing
        • Search by make
        • Fiat
        • Hyundai
        • Nissan
        • Skoda
        • Vauxhall
        • Volkswagen
        • Search by type
        • Electric
        • Hybrid
        • Automatic
        • SUV
        • Hatchback
        • Estate
        • Search by price
        • Under £300
        • £300 - £400
        • £400 - £500
        • Above £500
    • Van leasing
      Back Van leasing
      • All van leasing
        • Search by make
        • Ford
        • Mercedes
        • Nissan
        • Peugeot
        • Renault
        • Volkswagen
        • Search by type
        • Luton vans
        • Crew vans
        • Pick-up vans
        • Tipper vans
        • Dropside vans
        • High-roof vans
        • Search by price
        • Under £300
        • £300 - £400
        • £400 - £500
        • Above £500
    • Business leasing
      Back Business leasing
      • All business leasing
    • Help and guides
      Back Help and guides
        • Leasing guides
        • How AA Lease works
        • What is a car lease
        • Pros and cons of leasing
        • Common lease misbeliefs
        • Returning your lease vehicle
        • View all leasing guides
        • Help
        • FAQs
        • Contact us
  • Sell
    Back Sell
    • Sell my car
    • Sell my van
    • Value my car
  • Aftercare
    Back Aftercare
    • Car warranty
    • Breakdown cover
    • Car insurance
    • Car servicing
    • MOT
    • Car smart care
  • Advice
    Back Advice
    • Buying a used car online
    • Car reviews
    • Buyers guides
    • Best cars
    • Driving advice
  • Your account
  • Find a dealer

Unsecured car loan

An unsecured car loan is a personal loan used to buy a vehicle.

Check Eligibility

Provided by the Bank of Ireland UK. AA Financial Services Limited is a credit broker and not a lender.

  1. Home
  2. Car Finance
  3. Unsecured Car Loan
Yellow VW car

What is an unsecured car loan?

A personal loan is where you borrow an amount of money from a lender and then pay it back over a set period in monthly instalments.

Your repayments will include interest, so you end up paying back more than the loan amount. A typical unsecured loan is over three to five years, we offer loans from 1 to 7 years depending on the size of the loan. When using an unsecured loan to purchase a car, you own the car from day one.

How does an unsecured car loan work?

With unsecured you can buy your next car. Simply follow the steps below:

  1. Understand your budget Use our calculator and fast checker to understand what your monthly payments might be and see if you are eligible for our unsecured loan product.
    Check your eligibility
    Important: The rate you're offered will depend on your personal circumstances - including your credit rating.
  2. Apply We'll need a few personal details, information about how much you want to borrow and how long you want to borrow the funds for.
  3. Repayment With an unsecured loan, you'll need to make monthly payments to pay back the borrowed funds.

How much will an unsecured car loan cost?

An unsecured loan is a common way to buy a used car. The loan is made up of some key elements.

  • Loan term: If you choose a longer term it will usually mean lower monthly repayments, but naturally this will likely mean paying more interest over the term of the agreement.
  • Loan amount: How much you want to borrow effects the interest (APR) you will have to pay.
  • APR: The lower your interest rate (APR) the less interest you'll have to pay across the term of your loan. The better your credit is, the better chance you will have of getting a lower interest rate.
Require initial a deposit
Usually requires deposit
Own the car on Day 1
tick
Own car at end of agreement
tick
Optional final (balloon) payment
cross
Fixed monthly payments
tick
Excess mileage charge
cross
Secured against an asset
cross
Check eligibility
Bank of Ireland UK adheres to The Standards of Lending Practice which are monitored and enforced by the Lending Standards Board (LSB). A copy of the Statement of Lender and Borrower responsibilities is available here. AA Financial Services Limited (AAFS) acts as a credit intermediary and introduces customers to Bank of Ireland (UK) plc as its exclusive loans provider. AA Financial Services Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: Level 3, Plant, Basing View, Basingstoke, Hampshire, RG21 4HG. Registered in England and Wales number 912211. Bank of Ireland (UK) plc is authorised by the Prudential Regulation Authority, and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Bank of Ireland (UK) plc is incorporated in England and Wales number 7022885. Registered Office: Bow Bells House, 1 Bread Street, London EC4M 9BE. Bank of Ireland UK is a trading name of Bank of Ireland (UK) plc.

Connect with us

Facebook X YouTube LinkedIn
For customers
  • Customer terms & conditions
  • Our dealers
  • Motoring advice
  • Electric cars
  • New cars
  • Car delivery
  • Why AA Cars
  • Customer data request form
For dealers
  • Car dealer terms & conditions
  • AA Cars Standards code (trade)
  • Advertise with us
Other
  • Contact us
  • About us
  • Privacy notice
  • Cookie policy
  • Sitemap
Vehicle Inspections

The AA recommends an AA Cars Vehicle Inspection before purchase. Not all cars are mechanically checked by the AA.

  • Vehicle Inspection
  • theAA.com
© AA Cars 2024  | Company No. 4546950  |  VAT No. 188 0311 10