Car Loans

Looking to buy a car?

Car Loans

Whether you are looking for a brand new car, to upgrade to a better model or even buy your first car, we could help make this a reality. A personal loan gives you the freedom to buy your car where you want to, it could also give you more bargaining power in the showrooms and forecourts, as you’ll have the cash to hand.

We’ve teamed up with Neyber, our trusted partner, to offer car loans to the Police family.

Loans from £2,000 to £25,000 over 1-5 years
Fixed monthly repayments - know exactly how much it will cost each month
Make overpayments free of charge
Money could be in your account within one working day of loan approval
Quick & easy to apply online

Please refer to 'Important things you need to know' below for more information.

A personal loan to get you on the road

Knowing how much you have to spend and what it will cost you each month really helps when you are looking for a car.

Have a look at the rates available exclusively for the Police family:

Rates are fixed and correct as of August 2017. Future rates are subject to change.

*Representative Example: You could borrow a loan amount of £7,000 with a monthly repayment of £209.15 over a term of 36 months at a 4.9% (fixed) rate of interest per annum. Administrative fees are £0. Total amount repayable is £7,529.30. This is equivalent to 4.9% APR Representative.

Please check that you meet the eligibility criteria before applying for a loan, full information can be found here.

Buying a car is an important decision, we know you’ll want quality car insurance cover in the event of the unexpected. To find out more about Police Mutual car insurance and to get a quote click here.

Important things you need to know

Please note, loans are not currently available for PSNI members and their families.

All loans are subject to status and acceptance by Neyber.

Rates depend on loan amount, term and your individual circumstances and may differ from the Representative APR.

PMGI Limited, trading as Police Mutual is acting as credit broker. Neyber Limited is acting as lender for the purposes of entering into a consumer credit agreement.

PMGI Limited, trading as Police Mutual, is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales No. 1073408. Registered office Alexandra House, Queen Street, Lichfield, Staffordshire WS13 6QS.

Neyber Limited is authorised and regulated by the Financial Conduct Authority. Interim permission: 663054. Registered address: First Floor (East), Tabernacle Court, 16-28 Tabernacle Street, London, EC2A 4DD, United Kingdom, Company registered number: 08806631 Data Protection Registration Number: ZA039009.

Police Mutual car insurance is provided by RSA Insurance Group plc.

Things to consider

If you are thinking about buying a car, you need to set a budget for both the upfront purchase costs and the ongoing cost of keeping the car in good condition and on the road:

Consider your finance options: If you are thinking about taking out a loan there are a number of different options. Shop around for the best deal, if you are buying from a dealership they may offer you finance or you could opt for a personal loan. Remember to compare the cost, charges and terms available to find the best deal for you.
Set a budget: be realistic about the amount you can afford to pay, set a maximum limit you can spend and stick to it! However you chose to finance your car purchase expect to pay some kind of deposit before you can drive away.
Check the warranty: most new cars come with a manufacturer’s warranty, make sure that you check what’s covered by the warranty on offer and for how many years. Some dealers offer extended warranty packages, if this is important to you, make sure that you include the cost in your overall budget.
Consider the running costs: before you buy the car it’s wise to get an idea of what it will cost to keep it on the road. Remember to check out road tax, MOTs, servicing & repairs, fuel consumption, car insurance & breakdown cover costs.


Check out the best time to buy: buying at the right time could get you a better deal. Dealerships often offer better discounts at the end of each quarter when they need to hit sales targets. Also avoid weekends or the end of the month, when dealers are busy you could be less likely to get a good deal.
Haggle!: avoid paying the list price for the car, do some online research on the best deals in advance and take it with you. If they won’t give you a discount ask for some extras to be added to your car for free.
Take a test drive: there is no better way of making sure that the car is right for you and your family.
Be safety conscious: check out the independent safety rating of the car you are interested in and ask what safety features the car has.