Credit Representative Example
Borrowing £6,999 over 61 months with the first payment being taken 2 months after the date of execution with a Representative APR of 10.9%; a fixed annual interest rate of 5%; an administration fee of £199 (spread throughout the term of the loan); and a deposit of £1,000 the amount payable will be: £152.50 a month for 59 months and a final payment of £301.50 which includes an option to purchase fee of £149. The total cost of credit is £2,147.50 and the Total Amount Payable is £10,299.00.
Rix Motor Company trading as Accept Car Finance is authorised and regulated by the Financial Conduct Authority (FCA).
Registered Office: Rix Motor Company Ltd, Hawleys Lane, Warrington, England, WA2 8JP, Company Number 01837284. VAT Number 150294485
We are a Credit Broker, not a lender. Accept Car Finance can introduce you to a limited number of finance providers based on your credit rating and we may receive a commission for such introductions. Written Quotation on request. Certain exclusions for NI residents. All finance is subject to status and income. Applicants must be 18 or over, terms and conditions apply, guarantees and indemnities may be required.
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