Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83.
Rates may differ as they are dependent on individual circumstances. Subject to status.
CarFinance 247 is a broker and not a lender
If you have poor or bad credit, or you have been refused a loan elsewhere, the good news is that we still may be able to help. In fact, a number of our lenders specialise in helping those with bad credit obtain... read more
At CarFinance 247, if your finance application is approved, you are free to choose a vehicle from any reputable UK dealership. This means you have plenty of choice and gives you the freedom to find the perfect vehicle... read more
While a deposit isn't mandatory, we can accept down payments in the form of part-exchanges or cash and this will subsequently reduce the total amount that you are borrowing... read more
Here at CarFinance 247 we make it our business to try to get you a good deal on your next car loan, no matter what your financial circumstances or your requirements.
We will do our best to help you whether you have an excellent credit history – in which case we can get you some great market leading rates – you are self-employed, or you need bad credit car finance.
Our car finance calculator provides a quick and easy way to see just how cheap a car loan could be, no matter whether you have an excellent, good, fair or poor credit history. It will give you an approximate guide as to how much you’ll be paying each month and over the time period you want. This means you can feel comfortable that the amount you want to pay for your new car if affordable. If not, simply tweak the amount you want to borrow to bring your estimated monthly payments to an amount you feel happy with.
At CarFinance 247 we are experienced in obtaining what we consider are the best car loan rates for all individual circumstances from our large panel of lenders. We have long standing relationships with our lenders, which means we can access great deals on your behalf.
Please try out our car loan calculator now and see how cheap buying a new or used car may be!
* This car finance calculator is for illustration purposes. All figures given on the calculator are estimates only. The interest rate that you receive from your loan provider can vary significantly depending on your personal circumstances. If you have poor credit you are deemed to be a higher risk to the lender, hence the reason for higher monthly payments. All rates are correct as of December 2016.