Warning: Private methods cannot be final as they are never overridden by other classes in /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php on line 341

Warning: Private methods cannot be final as they are never overridden by other classes in /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/traits/trait-memoize.php on line 87

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the query-monitor domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/ukcarfinancecouk/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the query-monitor domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/ukcarfinancecouk/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-pagenavi domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/ukcarfinancecouk/public_html/wp-includes/functions.php on line 6114

Warning: session_start(): Session cannot be started after headers have already been sent in /home/ukcarfinancecouk/public_html/wp-content/plugins/import-cars/includes/forms/apply.php on line 71

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893

Warning: Cannot modify header information - headers already sent by (output started at /home/ukcarfinancecouk/public_html/wp-content/plugins/wp-rocket/inc/classes/Buffer/class-cache.php:341) in /home/ukcarfinancecouk/public_html/wp-includes/rest-api/class-wp-rest-server.php on line 1893
{"id":110669,"date":"2022-05-06T15:00:26","date_gmt":"2022-05-06T14:00:26","guid":{"rendered":"https:\/\/www.uk-carfinance.co.uk\/?p=110669"},"modified":"2024-11-14T15:02:07","modified_gmt":"2024-11-14T15:02:07","slug":"car-finance-interest-rates","status":"publish","type":"post","link":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/","title":{"rendered":"How are car finance interest rates calculated?"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”2_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Getting a car on finance is a great way to help spread the cost of owning your next car. When you get any form of finance or loan, you will be required to pay interest on top. If you\u2019ve never had a car loan before you may be wondering how car finance interest rates work and the factors that affect them. Our guide below explores how car finance interest rates are calculated and how you can get the cheapest car finance interest rates. Before you start applying for car finance deals, we recommend you consider the steps you can take to get the best car finance interest rate offered.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/undraw_Calculator_re_alsc-300×227.png” alt=”calculate interest rate” _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”What is a car finance interest rate?” _builder_version=”4.17.3″ _module_preset=”default” header_2_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

What is a car finance interest rate?<\/strong><\/h2>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Your car finance interest rate will determine how much more you will pay. Lenders use interest rates to make money from your deal and reflect the cost of borrowing money. A low-interest rate means you will pay back less overall and can help you save money in the long run. Your car finance interest rate is added to the price of your vehicle (minus a deposit if you have one) and then divided into monthly payments.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”What\u2019s the difference between APR and interest rate?” _builder_version=”4.17.3″ _module_preset=”default” header_2_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

What\u2019s the difference between APR and interest rate?<\/strong><\/h2>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

When applying for car finance, you will come across the terms APR and interest rate, but it can be hard for many to distinguish the two. Interest rate is the cost of borrowing, and your APR or Annual Percentage Rate is the amount you will pay each year with any additional fees included in the cost. The APR is usually a more accurate projection of the total cost of borrowing and is normally higher than the interest rate offered.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”What is a good interest rate on car finance agreements?” _builder_version=”4.17.3″ _module_preset=”default” header_2_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

What is a good interest rate on car finance agreements?<\/strong><\/h2>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/undraw_discount_d4bd-300×179.png” alt=”apr percentage” _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

If you\u2019re looking to get a car finance agreement with the lowest interest rate possible, it can depend on a variety of factors. The rate of borrowing will be different for each individual applicant so it\u2019s hard to pinpoint a \u2018good\u2019 interest rate. At UK Car Finance, we can offer car finance from as low as 12.9% which is one of the most competitive car finance interest rates on the market. Choosing this low rate will mean you pay less than those who were offered a higher interest rate<\/a>.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Which factors affect interest rates on car finance?” _builder_version=”4.17.3″ _module_preset=”default” header_2_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

Which factors affect interest rates on car finance?<\/strong><\/h2>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

There are a number of factors which can affect your car finance interest rate. These can include, your credit score, your loan term, the amount you borrow, your deposit contribution and the lender you choose. It can be confusing to know how to get the cheapest car finance interest rates possible but there are a few things you can do before you start applying. Let\u2019s take a look at how to lower your interest rate offered.\u00a0<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Improve your credit score” _builder_version=”4.17.3″ _module_preset=”default” header_3_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

Improve your credit score<\/strong><\/h3>\n

[\/et_pb_text][et_pb_text _builder_version=”4.27.3″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Applying for car finance with good credit<\/a> can mean you may be offered a lower rate than those with bad credit. This is because you are seen as less of a risk to the lender. People who have missed payments in the past are more likely to default on their car loans. However, having a good history of meeting repayment deadlines and a low level of existing debt can help to improve your credit score and acceptance rates. You should try to increase your credit score before you start applying for car finance if possible. You can do this by reducing how much debt you have, meeting repayments on time and in full, not taking out any new credit and keeping your credit usage low. Find out how to easily improve your credit score<\/a>.\u00a0<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Reduce your loan term” _builder_version=”4.17.3″ _module_preset=”default” header_3_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

Reduce your loan term<\/strong><\/h3>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Car finance agreements can be spread over 1-5 years and choosing the right loan term can be key to saving money. If you choose a longer car finance term, your rate of interest won\u2019t usually change but you will pay interest for longer which means you will pay more back overall. Choosing a longer term can help to reduce your monthly payment but it may not be the most cost-effective way to borrow money. When you apply for car finance, you should try to opt for the most affordable monthly payments but with the lowest loan term possible.\u00a0<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Row” _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Free car loan calculator” button_url=”https:\/\/www.uk-carfinance.co.uk\/car-finance\/calculator\/” button_text=”Calculate your loan” _builder_version=”4.17.3″ _module_preset=”default” background_color=”#84f1ac” custom_button=”on” button_text_color=”#84f1ac” button_bg_color=”#FFFFFF” button_border_color=”#7CDA24″ border_radii=”on|10px|10px|10px|10px” global_colors_info=”{}”]<\/p>\n

Not sure how much you can borrow for car finance? Use our car finance calculator to find out. It’s completely free to use and you get an instant result!<\/p>\n

[\/et_pb_cta][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Increase your deposit” _builder_version=”4.17.3″ _module_preset=”default” header_3_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

Increase your deposit<\/strong><\/h3>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

There are many options for no deposit car finance<\/a> but having a deposit can work in your favour. When you put down money to secure your car finance deal, you are lowering the amount you need to borrow from the lender. This can help to lower your interest rate as you don\u2019t need to take out a bigger loan. Having a deposit can also help to reduce your monthly payments and shows lenders that you are good at managing your money.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Shop around” _builder_version=”4.17.3″ _module_preset=”default” header_3_text_color=”#fe9125″ global_colors_info=”{}”]<\/p>\n

Shop around<\/strong><\/h3>\n

[\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

You probably won\u2019t get the most completive car finance interest rate if you take the first deal you are offered. Getting the cheapest interest rate for car finance can take a little bit of time and shop around. However, it\u2019s worth remembering that making multiple applications for car finance in a short space of time can harm your credit score. When you apply with us, you only need to apply once and we match you with the most suitable deal from a wide range of trusted UK lenders!\u00a0<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Apply for car finance with low rates” button_url=”https:\/\/www.uk-carfinance.co.uk\/apply\/” button_text=”Get started” _builder_version=”4.17.3″ _module_preset=”default” background_color=”#84f1ac” custom_button=”on” button_text_color=”#84f1ac” button_bg_color=”#FFFFFF” border_radii=”on|20px|20px|20px|20px” global_colors_info=”{}”]<\/p>\n

If you’re looking for car finance with low rates, we can help! Let us match you with the most suitable car finance deal from one of the most trusted car finance lenders in the UK!<\/p>\n

[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Getting a car on finance is a great way to help spread the cost of owning your next car. When you get any form of finance or loan, you will be required to pay interest on top. If you\u2019ve never had a car loan before you may be wondering how car finance interest rates work […]<\/p>\n","protected":false},"author":4,"featured_media":110672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-110669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-car-finance-advice"],"acf":[],"yoast_head":"\nHow are car finance interest rates calculated? - UK Car Finance<\/title>\n<meta name=\"description\" content=\"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How are car finance interest rates calculated? - UK Car Finance\" \/>\n<meta property=\"og:description\" content=\"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"UK Car Finance\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-06T14:00:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-14T15:02:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1067\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Laura\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\"},\"author\":{\"name\":\"Laura\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/21a915ec1a970a2aedaeabad0d79d3ce\"},\"headline\":\"How are car finance interest rates calculated?\",\"datePublished\":\"2022-05-06T14:00:26+00:00\",\"dateModified\":\"2024-11-14T15:02:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\"},\"wordCount\":1873,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg\",\"articleSection\":[\"Car Finance Advice\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\",\"url\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\",\"name\":\"How are car finance interest rates calculated? - UK Car Finance\",\"isPartOf\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg\",\"datePublished\":\"2022-05-06T14:00:26+00:00\",\"dateModified\":\"2024-11-14T15:02:07+00:00\",\"description\":\"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage\",\"url\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg\",\"contentUrl\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg\",\"width\":1600,\"height\":1067,\"caption\":\"interest rates calculated uk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.uk-carfinance.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How are car finance interest rates calculated?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#website\",\"url\":\"https:\/\/www.uk-carfinance.co.uk\/\",\"name\":\"UK Car Finance\",\"description\":\"Low APR Car Finance Deals.\",\"publisher\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.uk-carfinance.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#organization\",\"name\":\"UK Car Finance\",\"url\":\"https:\/\/www.uk-carfinance.co.uk\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/09\/Artboard-1-1.svg\",\"contentUrl\":\"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/09\/Artboard-1-1.svg\",\"width\":1,\"height\":1,\"caption\":\"UK Car Finance\"},\"image\":{\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/21a915ec1a970a2aedaeabad0d79d3ce\",\"name\":\"Laura\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/98e7bccc1624923b7b7ee381a33f1058?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/98e7bccc1624923b7b7ee381a33f1058?s=96&d=mm&r=g\",\"caption\":\"Laura\"},\"sameAs\":[\"https:\/\/uk-carfinance.co.uk\"],\"url\":\"https:\/\/www.uk-carfinance.co.uk\/author\/laura\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How are car finance interest rates calculated? - UK Car Finance","description":"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/","og_locale":"en_GB","og_type":"article","og_title":"How are car finance interest rates calculated? - UK Car Finance","og_description":"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!","og_url":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/","og_site_name":"UK Car Finance","article_published_time":"2022-05-06T14:00:26+00:00","article_modified_time":"2024-11-14T15:02:07+00:00","og_image":[{"width":1600,"height":1067,"url":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg","type":"image\/jpeg"}],"author":"Laura","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Laura","Estimated reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#article","isPartOf":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/"},"author":{"name":"Laura","@id":"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/21a915ec1a970a2aedaeabad0d79d3ce"},"headline":"How are car finance interest rates calculated?","datePublished":"2022-05-06T14:00:26+00:00","dateModified":"2024-11-14T15:02:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/"},"wordCount":1873,"commentCount":0,"publisher":{"@id":"https:\/\/www.uk-carfinance.co.uk\/#organization"},"image":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg","articleSection":["Car Finance Advice"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/","url":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/","name":"How are car finance interest rates calculated? - UK Car Finance","isPartOf":{"@id":"https:\/\/www.uk-carfinance.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage"},"image":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg","datePublished":"2022-05-06T14:00:26+00:00","dateModified":"2024-11-14T15:02:07+00:00","description":"Are you wondering how car finance interest rates work? Find out how to get the cheapest interest rates in our latest blog!","breadcrumb":{"@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#primaryimage","url":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg","contentUrl":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/05\/AdobeStock_498286456.jpeg","width":1600,"height":1067,"caption":"interest rates calculated uk"},{"@type":"BreadcrumbList","@id":"https:\/\/www.uk-carfinance.co.uk\/car-finance-interest-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.uk-carfinance.co.uk\/"},{"@type":"ListItem","position":2,"name":"How are car finance interest rates calculated?"}]},{"@type":"WebSite","@id":"https:\/\/www.uk-carfinance.co.uk\/#website","url":"https:\/\/www.uk-carfinance.co.uk\/","name":"UK Car Finance","description":"Low APR Car Finance Deals.","publisher":{"@id":"https:\/\/www.uk-carfinance.co.uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.uk-carfinance.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.uk-carfinance.co.uk\/#organization","name":"UK Car Finance","url":"https:\/\/www.uk-carfinance.co.uk\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/logo\/image\/","url":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/09\/Artboard-1-1.svg","contentUrl":"https:\/\/www.uk-carfinance.co.uk\/wp-content\/uploads\/2022\/09\/Artboard-1-1.svg","width":1,"height":1,"caption":"UK Car Finance"},"image":{"@id":"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/21a915ec1a970a2aedaeabad0d79d3ce","name":"Laura","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.uk-carfinance.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/98e7bccc1624923b7b7ee381a33f1058?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/98e7bccc1624923b7b7ee381a33f1058?s=96&d=mm&r=g","caption":"Laura"},"sameAs":["https:\/\/uk-carfinance.co.uk"],"url":"https:\/\/www.uk-carfinance.co.uk\/author\/laura\/"}]}},"_links":{"self":[{"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/posts\/110669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/comments?post=110669"}],"version-history":[{"count":10,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/posts\/110669\/revisions"}],"predecessor-version":[{"id":113707,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/posts\/110669\/revisions\/113707"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/media\/110672"}],"wp:attachment":[{"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/media?parent=110669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/categories?post=110669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uk-carfinance.co.uk\/wp-json\/wp\/v2\/tags?post=110669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}