Dave Beard

Expertly compared by Dave Beard

Products Updated April 23, 2021

Logbook Loans For Older Cars

Our experts choice of logbook lender below can quickly arrange a loan secured against your older vehicle or classic car. Logbook loans for older cars and other vehicles such motorbikes, vans and commercial vehicles over 10 years old can be arranged on the sameday with no credit checks. Visit our direct V5 lenders below for an online quote today.

The actual rate you're offered will depend on your personal circumstances – including your credit rating.

6 providers expertly compared:

Car Cash Point

Loan Amount
£500 - £100,000

Annual Percentage Rate (APR)
230.70%

Loan Term
1 - 5 years

Loan Type
Logbook Loans

Status
Homeowners & Tenants

Rated 4.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

230.70%

Total repaid will be:

£50,805

Car Cash Point claims to be one of the UK’s leading online Logbook Lenders offering customers their ‘Best Rate Promise’, which means if you find a lower price with another provider and they will beat it by 10%.

Representative Example

6 providers expertly compared:

Logbook Loans

Loan Amount
£250 - £5,000

Annual Percentage Rate (APR)
450.5%

Loan Term
1 - 5 years

Loan Type
Logbook Loans

Status
Homeowners & Tenants

Rated 4.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

450.5%

Total repaid will be:

£50,805

Logbook Loans is operated by Loans2go who have over 50 branches and mobile representatives across the UK, they are able to assist with your application in person and helping you get the cash you need as quickly as possible.

Representative Example

6 providers expertly compared:

Auto Money

Loan Amount
£500 - £5,000

Annual Percentage Rate (APR)
349.9%

Loan Term
1.5 - 3 years

Loan Type
Logbook Loan

Status
Homeowners & Tenants

Rated 4.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

349.9%

Total repaid will be:

£50,805

AutoMoney is a trading style of Mobile Money who have been providing logbook loans for over 19 years making then part of the longest established and experienced lenders of this type in the UK.

Representative Example

6 providers expertly compared:

Easy Logbook Loans

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£800 - £5,000

Annual Percentage Rate (APR)
230%

Loan Term
1 - 3 years

Loan Type
Logbook Loan

Status
Homeowners & Tenants

Rated 5.0/ 5

Poor Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

230%

Total repaid will be:

£50,805

lf you own your own car, van, motorbike or caravan, you can obtain a loan quickly and easily. A logbook loan is a fast way of obtaining a loan secured against your vehicle (car, van, motorbike or caravan). When the loan is repaid Easy Logbook Loans will return your V5.

Representative Example

6 providers expertly compared:

Varooma

Loan Amount
£500 - £500,000

Annual Percentage Rate (APR)
190.3%

Loan Term
1 - 3 years

Loan Type
Logbook Loan

Status
Homeowners & Tenants

Rated 4.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

190.3%

Total repaid will be:

£50,805

Varooma believe in making the process of taking out a logbook loan as quick and simple as possible. From the moment you make an application, to the point when you receive the money directly into your chosen bank account.

Representative Example

6 providers expertly compared:

V5 Solutions

Loan Amount
£300 - £50,000

Annual Percentage Rate (APR)
495.12%

Loan Term
1 - 5 years

Loan Type
Logbook Loan

Status
Homeowners & Tenants

Rated 4.0/ 5

Poor Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

495.12%

Total repaid will be:

£50,805

V5Solutions.co.uk has over 12 years experience and have developed an innovative loan system that puts you in the driving seat. They offer loans at some of the lowest rates you will find offered by other log book loan lenders on the marketplace

Representative Example

Read our customer and visitor reviews for this product:

Rating: 4.5 / 5 with 2 votes

Good comparison

by Mandy Thomson

Good comparison service and lenders to choose from. Easy application form.

Plently of loans to choose from

by SL

These facility by Feasible.co.uk provided many solutions and gave me choice of several lenders as part of the search. Vey fast and no issues using them. Quick to phone me back also.

FAQ

There is a large choice of lenders to choose from many of whom you can apply to online. Our panel consists of Car Cash Point, Autoadvance, Varooma, Ramsdensforcash, v5lenders, Mobile Money, v5 solutions, Auto Money, Easy Logbook Loans, Loans2go.

Yes. Logbook loans are available for pensioners over 65, 70 and those who have retired. You will however need to demonstrate to the lender that you are able to afford the repayments and have income that meets their requirements.

Yes a selection of our lenders will accept loans on older cars and vehicles. However this also depends on the value of your car, its make and model. Applying is quick and easy so we would suggest you make an enquiry to find out.

Most lenders will require the following basic information:
- Logbook in your name
- Certificate of insurance
- MOT Certificate, if applicable
- Photographic proof of identity - passport or driving licence.
- Proof of residence - utility bill.
- Proof of income - 3 months pay slips or bank statements.

Yes. There are a selection of lenders who will provide loans without a formal credit check. They will however make assessments and checks to ensure you can meet the repayments of the loan.

Related Links

Logbook Loans For Older Cars

If you have a older car and need a logbook loan these lenders can help. Check and apply online with Lending Expert.

Logbook Loans For Motorbikes

These logbook lenders will secure a loan against your motorcycle.

Logbook Loans For Caravans & Motorhomes

These lenders issue V5 loans against caravans and motorhomes. Apply online with Lending Expert.