Representative Example: You could borrow £10,699 over 60 months with an initial payment of £495.89 (including £199 Admin Fee) followed by 58 monthly payments of £296.89 with a final payment of £495.89 (including optional £199 Option to Purchase Fee). Total amount repayable will be £19,012,40. 26.1% APR, annual interest rate (fixed) 13.3%.
Some agreements include early repayment charges, while others don’t. It depends on your lender and the terms of your agreement. Always check your contract or speak to the lender if you’re thinking about settling early. AutoMoney Motor Finance does not charge any early repayment fees.
