Clydesdale Bank Car Loans In The UK

Key Features of Loan

• After putting down an initial deposit (usually a minimum of 10%) you can borrow from £5,000 and defer paying back up to 50% of your loan, until the end of your agreement.
• You can spread your monthly fixed repayments over 1 to 5 years. At the end of the loan agreement you can either pay the outstanding amount and take full ownership of the car or sell the car and use the money to pay off the deferred amount.
• Use our indicative quote calculator to find an amount and monthly repayment that suits you best.
• The amount you can defer as a balloon payment is dependent on the type and age of the car and the term of the loan. Deferring part of the purchase price until the end of the agreement means you will pay more interest than you would have paid had the whole purchase price been repaid evenly over the period of the agreement.