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How long can I take the term over?

Our finance expert Matt says...

We can offer you a term from 2-10 years, but this does depend on certain criteria’s like which lender you get an approval with and how old the vehicle is.

Sometimes you may find that you can take a newer vehicle over a longer period to make the re-payments more affordable. This potentially results in you having a vehicle worth more when you come to eventually sell or part exchange your vehicle.

We have seen our average term on a Caravan is 84 months (7 years) and 120 months (10 years) on a Motorhome. One of our experts will advise you on the best option available based on your circumstances.

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7 years
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Fair
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No impact on your credit score
Representative Example

Cash price £15,000, deposit £0, total amount of credit £15,000, term 7 years, 84 monthly payments of £244.99, on a hire purchase agreement, option to purchase fee £1, total amount payable £20,578.77, representative APR 9.9%, rate of interest 9.9% fixed.

Rates may differ as they are dependent on individual circumstances. Subject to status.

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Auto Finance Online Limited is authorised and regulated by the Financial Conduct Authority (FRN: 832181). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. The nature of this commission is as follows: we receive a commission based on a percentage of the total amount of finance taken by the customer. The commission received does not affect the amount you will pay under your finance agreement. You can request for us to disclose the amount of any commission received. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk.

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We may from time to time offer promotional finance terms from our funders. These terms will be for specified and limited time and may apply to; specific stock, age of vehicle or finance balance. These terms maybe offered by one or more of our funders. We will receive different commission amounts if you are taking advantage of a promotion.