The APR interest rate you’ll be charged depends on your personal circumstances, and will be between 3.2% and 99.9% This is a representative example of what it may cost: a Loan of £7,500 over 60 months at 3.3% APR would equate to monthly repayments of £135.60, and the total cost of the loan that you pay back would be £8,136.22 Getting a loan can be cheaper than car dealer finance, and we can help you find the right loan for you.
Having a car loan makes you a cash buyer, which is the best start for getting a great deal on your new car.
Cheapest loans are often reserved for those with high credit scores and you need to ensure you can keep up the repayments before applying.
Broadly defined, a personal loan is a type of installment loan, which means that it is repaid over time with a set number of scheduled payments.The monthly payment examples are based on tier 1 credit and do not include debt protection.The 3 year term payment examples have an APR of 5.49%. The payment reduction may come from a lower interest rate, a longer loan term or a combination of both.By extending the loan term you may pay more in interest over the life or the loan.