Car finance calculator

Amount to borrow

Must be between £3,000 to £50,000

Choose lenght of contract

24 months
36 months
48 months
60 months

Assuming your credit profile is

Estimated payments

These estimates are subject to credit checks and may change when you apply for finance.

Hire Purchase (HP)

APR 5.9%

48 monthly payments of


Total charge of credit
Total amount payable

Personal Contract Purchase (PCP)

APR 5.9%

48 monthly payments of


Optional final payment
Total charge of credit
Total amount payable

We compare car finance deals for you

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What is low APR car finance?

Low APR car finance ensures you get the best possible deals on the latest vehicles available today. APR stands for Annual Percentage Rate, which is the interest that is added to your finance loan and included in the monthly repayments each month. Low APR car finance can lower the amount of interest you need to pay across the year and make it much more affordable.

How do I get low APR car finance?

Applying for car finance with Carplus gives you a much better chance of securing a car finance deal rather than going direct to a lender. If your direct application is rejected by a lender you will have to start the process again elsewhere, and receiving more than one refusal could negatively impact your credit score.

The advantage of using Carplus is we pass your application on to a panel of approved and regulated lenders and if there is a suitable match you can then choose the best one to suit you. We do not carry out any credit checks, so using Carplus will not affect your credit score at all.

How can I get low monthly repayments?

There are some things you can do to increase your chances of getting the best possible deal from a car finance lender.

  • Provide proof of income: Whether a tax return, pay slip or bank statement showing proof of income can help you get low APR car finance.
  • Credit score check: Request a free copy of your credit report from Equifax, Experian or TransUnion to see your current score and take necessary steps to improve it.
  • Shorter-terms: Short-term deals (36 months) can lead to high APR. Give yourself more options when looking at deals, including the car and repayment period.
  • Use a guarantor: A guarantor with a good credit score could help you get a good deal with low APR car finance.

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