Let your car be your guarantor

Getting a loan doesn't have to be hard if you have a car! An Auto Advance Logbook Loan could be the right solution for you.

You won't have to go through the hassle of finding someone to vouch for you on a guarantor loan application, and you could get a same day payout!

Simply let your car be your guarantor, enter your reg and mileage for a quote now.

To apply for a logbook loan (or V5 loan), your vehicle must have valid tax, MOT and insurance. Existing finance can be settled.

How can we best contact you about our products and services in the future?
Thank you for your enquiry.

You can expect a call from 01784 424878 within the next 15 minutes# to discuss your quote.

* Indicative figure. What is this?
Warning: your vehicle is at risk of repossession if you do not keep up your agreed repayments. Rep. APR 300.3%
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Quick Online Application

You can apply for a logbook loan online in just 5 minutes for an almost immediate decision.


Responsible Lenders

Proud members of the Consumer Credit Trade Association (CCTA). We're the team to trust.

Credit Cards

Poor Credit Considered

Bad credit doesn't have to be a barrier – we look at your current, individual circumstances.


24/7 Application

Get a logbook loan quote and complete your online application at anytime for your complete convenience.

Advantages of an Online Logbook Loan

Take the embarrassment out of guarantor loans and use your car instead! It will never judge you or hold it against you.

With a logbook loan you don't have to:

Getting a loan doesn't have to be hard when you own a car, get a quick quote now.

Mobile Application

Complete 5 minute application

Logbook Loan Agreement

Arrange to meet and sign agreement


Receive funds in your bank account the same day

Is a Guarantor Loan Right for You?

Guarantor loans may seem attractive since they are supported by another persons credit score.

With a guarantor loan you need to:

However, not everyone wants to do that as money is the quickest way to ruin a relationship. Use your car as a guarantor instead.

Why Choose Auto Advance?

At Auto Advance we have real people giving loans to help with real situations. Whether its an unexpected bill or emergency repair, you can always trust us to help you.

As an ethical lender we:

Our application process is really simple, we give you an instant quote and then you just need to fill out a 5 minute application.

Questions about logbook loans

  • What is a logbook loan?

    A logbook loan is when you hand over the logbook (V5 certificate) for your car in exchange for a predetermined amount of money that is repaid over an agreed period of time. Once the loan is repaid in full, your logbook is sent back via recorded delivery.

  • How much can Auto Advance lend me?

    We're happy to lend small amounts or larger sums up to 80% of the value of your vehicle. But this will all depend on how much you can afford to pay back every month. You can also get a top-up loan further down the line.

  • How do I make repayments?

    Your repayment is collected from your bank account weekly or monthly. You can also pay by cash or cheque at one of our branches.

  • What is a Bill of Sale?

    A Bill of Sale is the legal document which gives us security over your vehicle. This technically means we become the legal owner of the vehicle until the loan is fully paid back. However, during this period you are able to freely use your vehicle as long as payments are made. There is a risk of losing your vehicle if you fail to make payments, but before this happens we will try to find a solution with your financial circumstances.

  • When do I get my money?

    You can receive your money within a few hours of your application as long as you submit all the right documents and agree to the terms we offer you. After you have signed the loan agreements and we have verified everything, we will make a fast-track payment direct to your account, or you can visit one of our stores to be paid in cash.

  • What does APR mean?

    APR stands for Annual Percentage Rate. It is easy to get swept away in jargon, but it basically shows the amount of interest you will pay back over the period of your loan. A lower APR does mean a lower amount of interest paid back, but it does not mean you're getting a better deal. Unlike some of our competitors, we do not have any hidden charges, broker deals or set-up fees which will cost you more!

    Sometimes the lowest APR is not your best choice. See the Money Advice Service on the true cost of borrowing to learn more.

  • Why is a logbook loan cheaper than a payday loan?

    A logbook loan is cheaper than a payday loan because it is secured against the value of your car. Payday loans don't have any collateral, meaning interest and repayments are higher. Using your vehicle as security means a lower interest rate and lower repayments. Your vehicle is at risk of repossession if you do not keep up your agreed repayments. Representative APR 300.3%

  • What's the difference between logbook loans and guarantor loans?

    A logbook loan uses your vehicle as security for the loan, even if you have poor credit. This means that we will hold on to your V5 document whilst allowing you to keep your car until your loan is fully settled. If you fail to make payments, your vehicle may be at risk of repossession.

    In contrast, a guarantor loan is where you need to find and ask an eligible person you know to vouch for your ability to pay the loan and take on the responsibility to pay back the loan if you fail to do so. There is a strict criteria of who can be an eligible guarantor, and may be embarrassing asking someone to vouch for you because of bad credit. Even in the event where you can't make payment, it can damage your personal relationship with the guarantor you chose.

    Take the stress out of your loan and let your car be your guarantor.

Representative Example


Total Amount of Credit


Monthly Payment


Fixed Annual Interest Rate


Total Amount Repayable

12 Months



Representative APR

† Cash within hours: applies to enquiries that are submitted on working days before 2:30pm, whilst allowing for administration, underwriting and processing. However, we are able to process enquiries outside of regular working hours at customers' place of work or household. This is entirely dependant on customers' needs.