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Secured Loans > Our Loans > Car Loan

Secured Car Loans

  • Car loans starting at £5,000
  • We could still help you with a car loan, even if you have bad credit
  • Repayment terms from 3 to 20 years
  • We’re regulated by the Financial Conduct Authority

Whether you’re looking to buy your first car or you need a newer model, our secured car loans could be a great solution. We offer a simple application process, no-obligation quotes and our loans start from £5,000.

Get in touch with us on 0161 814 9158 or email info@evolutionmoney.co.uk to enquire today. Be sure to read our Feefo reviews as well to see why we’re a Platinum Trusted Service.

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How much do you want to borrow? £5,000 to £100,000
For how long? 3 to 20 years.
Loan Purpose
What is your loan for? Your answer won't affect our decision but is helpful to know.
Is this a joint application?

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What is a secured car loan?

This is a car loan that’s secured against your home and is sometimes known as a homeowner loan or a secured loan as your property is used as security. We know that buying a vehicle can be a big purchase, so it makes sense to find finance that suits your unique set of circumstances.

Our secured car loans start at £5,000, so you can pick the right make and model for your needs. Plus, we make sure to look at your entire financial situation, not just your credit history.

To better understand your situation, we look at your income and outgoings as well as other financial and personal information. We then calculate payment terms you can afford, meaning you could benefit from an affordable loan even if you’ve been refused credit in the past.

If you want to find out more about secured car loans, our team can help. Just contact us at a time that suits you and we’ll do our best to answer your questions.


Am I eligible for a secured car loan?

To get a secured car loan, you must:

  • Be a homeowner
  • Be aged between 21 and 70* years old
  • Be a UK resident
  • Be able to pay back your repayments from your income

*Please note that your loan must be paid back by your 70th birthday.


If you're looking to obtain credit, our secured loans can be used for a range of purposes

Carry out home improvements and invest back into your property
Bigger personal items such as cars can be financed using a secured loan
Even if you have bad credit, we could still help you with a loan

What are the advantages of secured loans for cars?

  • As this loan is secured against your home and not against the vehicle you are not tied to a specific make, model or dealership.
  • Interest rates might be lower than unsecured loans
  • Repayment terms can be longer than on unsecured loans
  • You might be approved even with a bad credit rating
  • Repaying your secured loan on time, every time can boost your credit score

Things to be aware of before you take out a secured car loan

  • Borrowing too much can lead to financial struggles
  • Longer repayment terms may mean you pay more in interest
  • Failure to repay a loan could impact your credit score
  • Your property could be repossessed if you fail to keep up with the repayment terms
  • The true cost of owning a car may be higher than you think

Why choose Evolution Money for a secured car loan?

Here at Evolution Money, we specialise in providing secured car loans that are tailored to your needs. Our bespoke approach allows you to stay in control. You can borrow an affordable amount for your new vehicle and pay it back over the length of time you want.

Here are some more reasons why you should apply for a secured car loan with us:

We’ve helped over 31,000 customers find financial solutions with tailored and affordable repayment terms. Take a look at some of our case studies to see how our loans have supported others over the years

We won’t just look at your credit history as we prefer to view your entire financial story to get a better idea of your circumstances

You can expect full transparency when you choose us as we always provide a full breakdown of our loans for your peace of mind

The hundreds of positive reviews we’ve received on Feefo mean we’re rated excellent and we were proud to win the Platinum Trust Service Award in 2022

We’re regulated by the Financial Conduct Authority and are a member of the Finance and Leasing Association, following its Lending Code

Apply for a secured car loan today

Want to know the approximate cost and timescales of your secured car loan? Get in touch by giving us a quick call on 0161 814 9158 or fill out our simple online form to talk through your loan needs and get a no-obligation quote from our experts.

If you need any extra assistance during the loan application process, check out our help and advice page for more useful information.

Apply for my Car Loan

Representative 28.96% APRC (Variable) - For a typical loan of £20,950 over 85 months with a variable interest rate of 23.00% per annum, your monthly repayments would be £537.44. Including a Product Fee of £2,095.00 (10% of the loan amount) and a Lending Fee of £714.00, the total amount repayable is £45,682.15. Annual Interest Rates ranging from 11.7% to 46.5% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.

Think carefully before securing debts against your home your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
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Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

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Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

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