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APR, Annual Percentage Rate explained

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APR, Annual Percentage Rate explained

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When you’re considering a car loan, one of the main considerations you will have is how much interest you’ll pay. That interest is expressed as APR, Annual Percentage Rate. But what is exactly is it, how is it worked out and why does it vary so much? APR, interest rate, representative APR, whatever lenders call […]

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Fixed and variable rate car loans

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When shopping around for car loans, you will see two terms used a lot, fixed rate and variable rate. All car loans will feature one or the other and some lenders deal exclusively in one form of interest over the other. So what are they and which is best? Fixed rate car loans Fixed rate […]

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