What the calculator shows
A useful finance illustration should show more than one monthly number. Our calculator displays the vehicle price, deposit, amount of credit, representative APR, term, total charge for credit and total amount payable so you can compare the complete example.
The calculator is connected to current Nationwide Motor Co stock. Choose a vehicle first, then compare a £0, £250, £500, £1,000 or £2,000 deposit over the available terms. Stock, rates and lender criteria can change, so the result is not a quotation.
- Vehicle price and deposit
- Amount of credit
- Illustrative monthly payment
- Representative APR
- Total charge for credit
- Total amount payable
How deposit and term affect the illustration
A larger deposit normally reduces the amount borrowed and can reduce the monthly payment and total interest in the illustration. It does not guarantee acceptance or a particular rate.
A longer term can reduce each monthly payment while increasing the overall cost of borrowing. Compare the total payable and make room for insurance, tax, fuel, servicing and repairs before deciding what looks affordable.
Why your final figures may differ
A finance provider considers the vehicle and the applicant's circumstances. The final APR, deposit, term and payment depend on status, affordability, credit information and provider criteria.
Nationwide Motor Finance is a credit broker, not a lender. The on-site calculator and enquiry do not run a credit search, provide an approval in principle or guarantee that finance will be available.
