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Disclaimer
While we strive to provide the best tools and information, Motus Select, its agents, employees, and accredited financiers accept no responsibility for any losses or errors that may occur. All calculations made with this tool are guidelines based on the information you provided and do not consider monthly expenses or other factors involved in purchasing a vehicle. The amounts displayed should not be solely relied upon for your purchase decisions. By default, this calculator uses the prime interest rate plus 2%, a 10% deposit, and a 72-month loan term to estimate monthly repayments.
Finance FAQ
Finance FAQ
Here are answers to some of the common questions people ask about financing a vehicle.
What factors affect my interest rate?
What factors affect my interest rate?
How does my credit score impact vehicle financing?
How does my credit score impact vehicle financing?
What is a deposit, and is it necessary?
What is a deposit, and is it necessary?
Can I refinance my vehicle?
Can I refinance my vehicle?
What happens if I miss a payment?
What happens if I miss a payment?
How can I improve my chances of getting approved for a vehicle HP?
How can I improve my chances of getting approved for a vehicle HP?
Are there any penalties for paying off my HP agreement early?
Are there any penalties for paying off my HP agreement early?
What should I consider when choosing a HP term?
What should I consider when choosing a HP term?
What is vehicle financing?
What is vehicle financing?
What are the different types of vehicle financing?
What are the different types of vehicle financing?
