• A dealer arranged plan can be tailored to meet the length of time you plan to keep your new vehicle
  • The interest rate will be fixed for the term
  • The added security of the Consumer Credit Act
  • A dealer arranged facility will be secured against your vehicle not against your home, so your home is never at risk, if your circumstances change
  • The total repayable will often be lower with a dealer arranged loan as the term is often much shorter

Secured Loan

How does using a secured loan compare with typical dealer finance?

Balance to Buy Vehicle:
Secured Loan Rate:
 % APR
Secured Loan Term:
 Years
Dealer Finance Rate:
 % APR
Term of Dealer Finance:
 Months
£
Months

The above example demonstrates a saving using dealer finance.
(This assumes your rate stays constant for the duration of the term)