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%.
A fixed rate keeps your monthly payments the same, so you’ll always know exactly what you’ll be paying. Variable rates can change during the term, which might save you money—but could also lead to higher payments. AutoMoney Motor Finance only offers fixed interest rates.