Maybe it’s time you bought that car you’ve been after, but you’re falling a few bucks short, well a Lloyds Bank car loan might help. With Lloyds, you get access to some of the finest rates that are available for car loans in the market.

Rates aren’t the only thing that you should consider when looking to take out a car loan, not just with Lloyd Bank, but with any other bank. There are a bunch of factors you need to take into account to ensure that you find a car loan designed for your situation.

To find out more about a Lloyd Bank car loan like interest fees and how to apply for the loan, you should read on. There is more info on what it takes for you to be able to qualify for a car loan with Lloyd Bank up next too.

Benefits & Features Of Lloyd Bank Car Loan

Easy Application

First of all, with Lloyd Bank, you can easily apply for a loan through a number of methods. First, you can use online or physically appear at a branch near you. All in all, whichever one that you choose, the application is easy.

Decent APR

For most borrowers, the worry has got to be the interest rate that is charged on the loan you take out. For this bank, you get an interest rate that starts from 3.9% APR.  Your credit score plays a part as to how much APR is attached to your loan.

The higher your credit score the lower your APR when it comes to this loan. Another defining factor when it comes to APR is the loan term. The longer the loan term, the higher your APR is with a car loan from Lloyds Bank.

Online Loan Calculator

You’d definitely want to know how much you’ll be paying when you get to the end of your loan term. With the in-house loan calculator, you can find out how much you’ll be paying by the end of your loan.

Flexible Repayment Term

When you have a loan with a bank you definitely don’t want to get stressed out. That’s why with a Lloyds Bank car loan, your loan is stretched across 48 months or more to give you enough breathing space. This will ensure that you don’t have to strain yourself as you seek to pay off your debt with the bank.

Loan Amount

With a car, you want as much money as you can possibly get from your lender. With Lloyds bank, you can get a loan of up to £35,000 for your car loan.

Instant Decision On Your Loan

When it comes to a car loan, you want a decision on your loan as soon as possible. With Lloyds Bank, you get the decision on your loan instantly, which can help you plan out on when you will be buying your car.

This can also help to ensure that the car you saw won’t have been sold by the time you get the money. The decision is made in an instant and you can pay for the car there and then from the loan.

Eligibility & How to Apply

To apply for a car loan with Lloyds Bank, you have to meet the age criteria of 18 and above. Not just that, however, you also have to be a citizen of the UK and a resident. You then have to be earning – you can be employed or self-employed.

You can walk into a branch of the bank and begin the application process today or you can apply from your home through your computer. You can alternatively use this link to begin the application process.

Bank’s Contact Info & Address

You can easily reach out to the bank for more on getting a car loan by calling 0330 123 3890. The bank’s head office is located at 25 Gresham Street, London EC2V 7HN.


Getting a car loan has never been as easy as it is today. With Lloyds Bank, you can easily apply for a car loan at some of the best rates out there, so you can keep your cash in your pocket.

The above information should help you decide whether or not this loan is right for you.

Note: There are risks involved when applying for a loan. Consult the bank’s terms and conditions for more information.