Get money for your new car quickly and easily. Find out which car loans you could be eligible for with our partner Aro and their trusted panel of lenders. Just like Asda Money, Aro is a credit broker, not a lender.
If you take out a product through Aro, Asda Money will receive a commission payment from Aro. The amount charged will be in connection with the specific product selected and so different amounts of commission are received. For more information please see our FAQs.
When you check your eligibility below you will be transferred to our partner Aro.
At Asda Money, we’re here to help when you need new wheels. We can help you find car loans from £1,000 - £25,000, allowing you to get on the road as soon as possible.
Search our partner Aro's panel of trusted UK lenders to find the right loan at the right rate for you. You can check if you’re eligible for a loan without impacting your credit score to give you a decision in minutes.
Known for putting value for money at the centre of everything we do
Receive quotes from a trusted panel of lenders without harming your credit score
Loan options that work around you
A car loan is a personal loan taken out to pay for a car. You can use it to pay for the full cost of a car or some of the total, or to put down a deposit. Personal loans are ‘unsecured’ – so they don’t need to be secured against an asset such as your home.
Looking for a loan to fund something else? At Asda we help you compare loans for everything from Weddings and Holidays to Home Improvements and Debt Consolidation.
Aro work with a panel of lenders, to find loan options to suit your needs. With just one online eligibility check, you’ll see all the available car loans that match your requirements. We perform a soft credit check, so it won’t appear on your credit file.
This initial eligibility check will give you a list of potential loans to browse. Choose one that works for you and apply directly with the lender.
Most people look to borrow between £1,000 and £25,000 for a car loan. The panel of lenders we work with offer loans up to £25,000. The individual lender will determine the repayment term, which is usually between one and seven years. The lender will also determine the available interest rate.
How much does car financing cost?
If you’re taking out a loan to pay for your car, the cost will depend on several factors. They include:
If you’ve previously struggled with borrowing and have a low credit score, it will likely affect your ability to borrow for a car loan now. Not all lenders will lend to you, which can decrease the number of loans available. The lenders that do provide loans will often ask for a higher interest rate, and may not offer the full amount you want.
A guarantor loan may be an option if you have a poor credit score. This is where a family member or friend agrees to pay the debt if you can’t pay it back. Whilst this may seem viable, it’s important to consider the financial pressure it puts that person under. You may be unable to borrow the full amount through a guarantor loan.
Get assistance from over 4,000 professionals ready to keep you moving. Most of us rely on our cars to get us from A to B every day, but sometimes we run into trouble and get stuck with a broken-down car. Our breakdown cover is here to help you get on your way again.
Asda have partnered with Aro, who are a leading credit broker. This means customers can get access to a carefully selected lender panel who provide personal loans.
We’ve partnered with Aro to provide our customers the very best loan options from a panel of handpicked trusted lenders. Asda is in partnership with Aro. Both Asda Money and Aro are credit brokers, not lenders.
Following one simple eligibility check, your loan options with be displayed. It’s also a safe way to view your options without negatively affecting your credit rating.
ASDA Money is a trading name of Asda Financial Services Ltd who are an Introducer Appointed Representative of Aro who are authorised and regulated by the Financial Conduct Authority. Aro acts as a credit broker and not as a lender.
Terms and conditions apply. UK residents aged 18 and over. If you take out a loan, Asda Money and Aro receive a commission payment from the lender. Different amounts of commission are received from different lenders and the amount will be either a fixed amount or a percentage of the amount you borrow and dependent on the lender you select. We will not charge you a fee for our services.
