Skip to content

Car Finance Expert Q&A

Hi, I'm Edwin and I'm here to help you!
image description

Edwin Miles. Underwriting Manager

Car Finance Calculator

Calculate your loan immediately

close

How can I help you?

Do you have a question about Carfinance247 or its services? If so, please complete the form below for a response within 1 working hours. I have over 7 years experience working for Carfinance247 and have the responsibility to answer all questions asked.

What apr is good for a new car?

Hello, is 21.41% APR a good lend on £10,887.00? I'm not sure how it all works and if there is actually a going rate?

Posted by Leon on

Answer.

Hi Leon, the going finance rate for a new or used car really depends upon your credit history. 21%APR is a fair rate i'd say so if you have a good credit history you should be able to get better. Where have you been approved for car finance and what is your credit history like? Do you have a deposit to place into the deal? Regards, Edwin

Posted by on
5/5

Rate Edwin’s advice.

image description

Do you have a question on this topic?

Ask a question or leave a comment on this topic below

Back to Car Finance Expert Q&A

Back to top