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Rates from 9.9% APR. Representative APR 16.9%
Representative example: borrowing £7,000 over 4 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00 the amount payable would be £201.62 per month, with a total cost of credit of £2677.92 and a total amount payable of £9677.92. This is an example only, lender fees may apply. All finance subject to status.
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PCP
Car Finance Calculator
Vehicle Price:
£
0
Initial Payment (Deposit):
£
0
To Pay Over:
48
Months
Assuming your credit score is:
Rates from 9.9% APR. Representative APR 16.9%
Representative example: borrowing £7,000 over 4 years with a representative APR of 16.9%, an annual interest rate of 16.9% (Fixed) and a deposit of £0.00 the amount payable would be £201.62 per month, with a total cost of credit of £2677.92 and a total amount payable of £9677.92. This is an example only, lender fees may apply. All finance subject to status.
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Here’s a quick example: Let’s say you want to buy a car worth £10,000 and want to pay it over 48 months. Your insurance, tax and maintenance for this new car would cost you £1000 per year. You want to own the car outright, so you take a personal loan for £14,000 from your lender. You sign a 48-month contract at 8.9% APR to repay £348 each month. With the interest, the total amount you would end up paying will be £16,690. Your lender pays you the money directly, and you purchase the car from the dealer. As simple as that.
