Finance methodology — important information

It's a calculator, not a finance offer

The "From £X/month" figures shown on vehicle listings are produced by a simple cost calculator tool. They give you a rough idea of what monthly payments might look like for a given car — nothing more.

Carr Mill Motors does not provide, arrange, or broker finance. We are not a lender and we are not regulated by the Financial Conduct Authority (FCA) for consumer credit. The figures on this website are not a quotation, not an offer of credit, and not financial advice.

How the estimate is worked out

Each figure is calculated using a standard Hire Purchase (HP) formula with these fixed assumptions:

• Deposit: 10% of the asking price paid upfront
• Term: 60 monthly payments
• Illustrative interest rate: 12.9% APR

The real rate you're offered by a lender will depend on your credit profile, the deposit you choose, the term, and the lender's own criteria. Your actual monthly payment could be higher or lower.

Getting a real quote

To get an accurate finance quotation, contact a bank, building society, or FCA-authorised motor finance lender directly. They can give you a personalised rate based on your circumstances before you commit to anything.

If you'd like to talk to us about a vehicle, we're happy to help: