Royal Bank of Scotland

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Company Information

  • Company Name:
    Royal Bank of Scotland
  • Website Address:
  • Business address:
    36 St Andrew Square, Edinburgh, United Kingdom, EH2 2YB
  • Phone number:
    0800 148 8331

As one of the leading providers of financial products and services in the UK, The Royal Bank of Scotland (RBS.co.uk) provides a range of loans to cover the costs of a wide variety of financial needs. One of the most common reasons that people take out bank loans is to cover the cost of a new car. A Royal Bank of Scotland car loan can be a great, affordable way to pay for your car in full with all the flexibility of a RBS unsecured loan.

While most car dealerships offer financing options on cars, they can often carry high interest rates and inflexible payment plans. The Royal Bank of Scotland offers its customers a solid alternative to this type of payment plan through its personal loans. Customers who take out a car loan from RBS can buy any vehicle they want with the money borrowed, and then spread the cost of the car over a repayment period.

Your loan will not be tied to the car itself so missed repayments won’t lead to the car being seized. A RBS car loan also comes with fixed monthly repayments that won’t change over the lifetime of your loan, so you can predict exactly how much to budget for each month. The loan comes with no upfront fees or charges, making your car payment more affordable.

The amount you can borrow with a RBS car loan ranges from £1,000 to £25,000. If you’re borrowing less than £15,000 to pay for your car, you’ll be able to pay the loan back over a term of one to five years. Larger loans of £15,000 to £25,000 can be repaid over a seven year term if you want to stretch the length of the loan out further.

Current account holders with The Royal Bank of Scotland can apply for a car loan through their internet banking, in their local RBS branch or over the phone.

78 Reviews of Royal Bank of Scotland have been submitted - read the latest 3 below

I won't be buying another car for a few years so this car finance loan from RBS had to be just right for me in all aspects. Borrowing such a large amount of money over a 5 year period meant I wanted it to be as affordable as possible in case my current financial circumstances suddenly changed. I didn't want to overstretch my finances and live to regret taking out a loan that I would be stuck with for 5 years. RBS took on board all my concerns and have come up with an excellent loan that is both affordable and competitive and I really couldn't be happier and I'm glad I chose to go with them for this loan.

Review posted by Keith Bannerman, Macclesfield

  • Customer Service
  • Flexibility
  • Ease Of Use
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I am delighted with my car finance loan from RBS and am very happy to say so in this review which is not something I would normally do. I just found the whole process so easy and stress free that I felt the least I could do was thank the RBS staff for processing my loan so quickly and without too much fuss. In less than a week I have a great car finance loan with a really competitive APR all I have to worry about now is getting as good a deal with the purchase of my new car. Fingers crossed I strike lucky again!

Review posted by Heather Stewart, London

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

I can't fault RBS with the way they have handled my car finance loan, everything has gone smoothly and they have been very hands on with keeping me updated with the progress of my loan application. I haven't had to chase them up to see what the situation is and more to the point, they have been so competitive with their rates that I would have gone with them for this loan even if it had meant me doing all the running around and chasing them up for updates. Well done RBS I am finding a new respect for you and I never thought I'd be saying that about any bank!

Review posted by Ray Malone, Fife

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money