| Monthly Payments: | £58.18 |
| Optional Final Payment: | £1180.38 |
| On the Road Cash Price: | £3249.00 |
| Customer Deposit: | £500.00 |
| Dealer Contribution: | £0.00 |
| Amount of Credit: | £2749.00 |
| Interest Charges: | 524.86% |
| Total Amount Payable: | £3774.86 |
| Duration of Agreement: | 37 months |
| Fixed Rate of Interest: | 4.38% |
| Annual Mileage: | 3000 miles |
| Representative APR: | 8.90% |
| Excess Mileage Charge: | 0.02p / mile |
| Purchase Fee: | £1.00 |
Terms & Conditions
Rates available from 8.90% APR; 8.90% APR Representative.
Finance is provided by MotoNovo Finance Limited, company no. 11556144, registered in 2 Central Square, Cardiff, CF10 1FS. Authorised and regulated by the Financial Conduct Authority under FRN 827851.
All applications for credit are subject to eligibility and affordability criteria. The rate shown may not be the rate you are offered. MotoNovo interest rates start from 4.38% Fixed / 8.90% APR.
MotoGB Ltd is authorised and regulated by the Financial Conduct Authority FCA 661247 and acts as a credit broker not a lender.
MotoGB will receive a commission from the finance company for introducing the transaction. You can ask them to tell you the amount of that commission.
Why Motor Finance?
Taking out motor finance means you don't have to pay the entire cost of the vehicle in full before you drive it away.
This is because the finance company purchases the vehicle on your behalf and then you repay the amount borrowed with
interest. And so instead of paying the full amount upfront, you can choose to pay monthly, which helps you spread the
cost of a new or used vehicle.
There are different types of finance products available to suit your personal circumstances and each work slightly differently.
About Personal Contract Purchase
A Personal Contract Purchase is a flexible and popular choice, as you can keep your monthly repayments lower by
deferring a significant proportion of the amount of credit to the final payment at the end of the agreement. This means
you may be able to afford a better vehicle than you thought possible.
At the start of the agreement the finance company sets a guaranteed future value (GFV) for your vehicle. You pay a deposit and then make the monthly repayments on the balance of the loan, plus the interest charges, minus the guaranteed future value. At the end of the agreement you have three options:
We recommend viewing the product video for further information on this finance product.
