Car loans
Car loans: security in the car means a lower rate
With the car as security the rate is typically 3–5 percentage points below an unsecured loan. The price is a deposit of around 20% and the car being pledged until the loan är löst.
| Lender | Rate | Deposit | Max term | Notes | |
|---|---|---|---|---|---|
| Volvofinans Bank | 4.50 % – 9.95 % | 20 % | 8 yr | Best terms for Volvo and Polestar | TermsAdvert. We are paid if you apply. |
| Santander Consumer Bank | 3.95 % – 12.95 % | 20 % | 10 yr | Largest in Sweden — available at most car dealers | TermsAdvert. We are paid if you apply. |
| Wasa Kredit | 4.95 % – 13.95 % | 20 % | 8 yr | Also leasing and hire purchase for used cars | TermsAdvert. We are paid if you apply. |
| Ikano Bank Billån | 4.95 % – 12.95 % | 20 % | 8 yr | No arrangement fee | TermsAdvert. We are paid if you apply. |
| Bank Norwegian Billån | 5.99 % – 14.99 % | 0 % | 15 yr | Unsecured — no deposit needed but a higher rate | TermsAdvert. We are paid if you apply. |
See also
- Compare personal loans, consolidation and quick loans
- Loan calculator with effective rate and amortisation schedule
- Work out whether consolidating your loans pays off
- The rules that protect you as a borrower
- Mortgage rates — list rate against the real average
- Credit cards with no annual fee — compare the interest-free period and rewards
- Unsecured business loans for limited companies and sole traders
- Questions Swedish borrowers ask us
- Personal loans
- Quick loans
- Guides
- Method
Updated 2 September 2026