Frequently Asked Questions About Car Finance
Your questions answered
Car Finance from Clydesdale Bank is a great way to fund your next vehicle purchase. The process is simple and straightforward and our specialists will guide you through the process. The most commonly asked questions are answered below but if you need any more information just call 0800 66 11 00.
How much can I borrow?
You can apply to borrow from £5,000 for the purpose of buying a new or used motor vehicle up to 5 years old. If you have alternative requirements, please call 0800 66 11 00.
How long can I have to repay the finance?
You have the flexibility to choose whether you want to repay your finance quickly, or spread the repayments over a longer period. Once you have decided how much you would like to borrow, you can choose a term that suits you best. Terms range from 12 months up to 60 months.
Do I have to be a Clydesdale Bank customer?
No, anyone can apply for Car Finance as long as you are over 18, can demonstrate you have sufficient regular income to afford the repayments and have managed your finances well in the past.
Is my online application safe?
When you send us an online application, it is sent to us over a secure connection. This means your personal information is encrypted to help prevent it being accessed by anyone except us. This is far more secure than things we do every day and take for granted, such as paying for goods and services over the phone with credit cards.
What happens to my online application when I submit it?
Once you submit your online application, we will process it and reply either by email or telephone. The transaction will be governed by the terms contained in the signed written contract. If there is any conflict between the contract and the information held on the website the terms of the signed contract will prevail.
How quickly can I find out if my online application has been accepted?
We can usually let you know within one working day.
Who do I contact if I require assistance or information?
You can call us on freephone 0800 66 11 00. If you have already submitted an application and your query is in regard to your application, you will need to provide the application reference in addition to the security word you provided during your application.
Car Purchase Plan is provided through Clydesdale Bank Asset Finance Limited. Clydesdale Bank Asset Finance Limited is an appointed representative of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. No. 121873.
Telephone opening hours for Car Finance are 9 a.m. to 6 p.m. Monday to Friday, and 9 a.m. to 1 p.m. on Saturday. For your security, calls may be recorded or monitored.
