All Loans > Car Loans > Sainsbury Car Loans Calculator
Important disclosure

Sainsbury’s Car Loan Overview

Sainsbury's Bank logo

The information below provides details about Sainsbury’s car loan product, including rates and how to apply.

How much are Sainsbury’s car loan rates? Use the Sainsbury’s car loan calculator to find out how much your monthly repayments will be. Just type the amount you want to borrow for a car loan and the terms you prefer to get an estimated repayment. You can also use the sliders to adjust the terms and compare Sainsbury’s car loan rates.

Terms from 1 to 10 years. Representative example: 5-year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.

Sainsbury car loans review

Apply for a Sainsbury’s Bank loan for cars to purchase a new or used vehicle. Sainsbury car loan interest rates, as well as the terms you can take, are based on the amount you borrow. Nectar members of the loyalty get a chance for a higher loan limit and Sainsbury’s lowest interest rates.

Sainsbury’s car loan features

Thinking of applying for a Sainsbury car loan? Here are the key features and benefits to expect:

  • Loan amount and terms. Borrow £1,000 – £40,000 over 1 to 7 years, with rates starting at 3.4% APR, if you are a Nectar Member. The lending limit for Non-Nectar members is £25,000.
  • Apply online. Sainsbury’s car loans are processed all online, from application to signing agreements and submitting documents.
  • Fast payout. Get your car loan from Sainsbury Bank in as fast as 2 hours.
  • Fixed repayments. Pay fixed monthly instalments throughout your loan term and manage your loans better.
  • No loan fees. Sainsbury Bank does not charge application or arrangement fees.
  • Self-employed borrowers are considered. Sainsbury’s car loan is available even for the self-employed. They can borrow up to £25,000 over 1 to 5 years

How to apply for a Sainsbury’s Bank car loan?

Check that you’re eligible:

To qualify, you must:

  • Be 18 years old or older
  • Be a UK resident with a UK phone number (excluding the Isle of Man, Channel Islands and the Republic of Ireland)
  • Have a gross annual income of over £7,500
  • Be in good credit standing

What you’ll need:

Other than your personal and contact information like phone number and email address, you should also prepare the following when applying:

  • Valid IDs
  • Details of your address/es for the past 3 years
  • Bank account details (sort code, account number, date opened)
  • Information on your income and expenses
  • Nectar card number (if available)
  • Employment details

 

Sainsbury’s car loan calculator

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

£20,000

Term

60 months

Change
Sainsbury's Bank

Sainsbury's Bank Car Loans

Sainsbury's Bank Car Loans
EST Monthly Repayment
£425 Inclusive of fees
EST Monthly Repayment
9.99%
APR
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£10,000
to £250,000
GO TO SITE
View Sainsbury's Bank's website for more details on their car loans
Featured
Carmoola

Car Hire Purchase

EST Monthly Repayment
£474 Inclusive of fees
Interest Rate
14.80%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
£2,000
to £40,000
GO TO SITE
Carmoola's rates start as low as 6.9% for loans of between £2k - 40k over one to five years. Representative APR: 14.8%. Buy your dream car in minutes with Carmoola's virtual card, with a £0 minimum deposit. Carmoola is an entirely digital, app-based lender. No sales calls or paperwork! Take control and manage your loan in-app.

BestLoanRates.co.uk provides factual information in relation to financial products. While BestLoanRates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and, to the best of our knowledge, is correct at the time of publishing. The information published on BestLoanRates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with BestLoanRates.co.uk. BestLoanRates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information, please see BestLoanRates.co.uk's Terms of Use.

Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.

Sainsbury’s Car Loan FAQs

How long does it take to get a car loan from Sainsbury?

You can apply and get a quote for a Sainsbury’s car loan through their website. They often provide borrowers with an instant decision. Once you’ve signed your loan agreement online, you can get the money in 2 hours or the next business day.
 
In instances that Sainsbury’s Bank requires additional information or documents, they will wait until all requirements are submitted. After some final checks, the money will be released the next day.
 
Moreover, if a borrower opts for a paper loan agreement, the money will be transferred within 1 to 5 days after the document is received.

What is Nectar and how do I become a member?

Nectar is the UK’s largest loyalty programme which also manages Sainsbury’s shopper marketing services. Nectar members can get easier access to Sainsbury’s loan products.
 
To join Nectar, you can register online through their website. They will send you your Nectar card within 15 days or you can also pick it up at a Sainsbury’s store.

How can I apply for a Sainsbury’s Car Loan?

You can apply for a Sainsbury’s car loan online, through their website. Fill out the online form and provide your phone number and other details to get a quote. Sainsbury’s Bank will conduct a credit assessment to provide a personalised offer based on your financial situation. Afterwards, you can accept the loan, provide other documents that may be requested and sign your loan documents.

Learn more about purchasing a car with Sainsbury’s Bank Personal Loans in this video

.

Bestloanrates.co.uk provides factual information in relation to financial products. While Bestloanrates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the produc provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on Bestloanrates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with Bestloanrates.co.uk. Bestloanrates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Bestloanrates.co.uk’s Terms of Use and Services Guide.

© 2025 Bestloanrates.co.uk