{"id":51,"date":"2026-08-09T09:00:00","date_gmt":"2026-08-09T09:00:00","guid":{"rendered":"https:\/\/demo.intouchdesign.it\/cardealer\/apr-explained-in-plain-words\/"},"modified":"2026-10-08T10:41:54","modified_gmt":"2026-10-08T08:41:54","slug":"apr-explained-in-plain-words","status":"publish","type":"post","link":"https:\/\/demo.intouchdesign.it\/cardealer\/apr-explained-in-plain-words\/","title":{"rendered":"APR explained in plain words"},"content":{"rendered":"\n<p>APR, the annual percentage rate, is the one number that lets you compare two finance offers fairly. It adds the interest and the compulsory fees together and spreads them over a year, so a cheap-looking monthly payment cannot hide an expensive agreement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What the rate includes<\/h2>\n\n\n\n<p>The APR has to include every cost you cannot avoid to get the credit: the interest itself, arrangement fees and any other compulsory charge. It leaves out the extras you choose, such as optional insurance, so ask for those on a separate line.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to compare two offers<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The APR, and whether the rate is fixed for the whole term<\/li>\n\n\n\n<li>The total amount payable, not just the monthly payment<\/li>\n\n\n\n<li>The length of the agreement in months<\/li>\n\n\n\n<li>The deposit, and whether your part exchange counts towards it<\/li>\n\n\n\n<li>Any charge for settling early<\/li>\n<\/ul>\n\n\n\n<p>A longer term lowers the monthly payment but raises the total. Borrowing \u20ac24,000 at a 6.9% fixed rate (7.1% APR) costs about \u20ac2,640 in interest over 36 months and about \u20ac4,450 over 60 months.<\/p>\n\n\n\n<p>Our representative example is a 6.9% fixed rate, 7.1% APR representative. The two differ because the fixed rate is charged a twelfth at a time, month by month, while the APR shows what that comes to over a full year, together with any compulsory fees. Your own rate depends on the lender and on your circumstances, and we always show it to you in writing before you sign. <a href=\"https:\/\/demo.intouchdesign.it\/cardealer\/contact\/\">Talk to our finance team<\/a> if anything on the page is not clear.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>What the rate includes, what it leaves out, and how to compare two offers fairly.<\/p>\n","protected":false},"author":1,"featured_media":9,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,3],"class_list":["post-51","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-guides","tag-buying-advice","tag-finance"],"_links":{"self":[{"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/posts\/51","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":1,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/posts\/51\/revisions"}],"predecessor-version":[{"id":72,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/posts\/51\/revisions\/72"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/media\/9"}],"wp:attachment":[{"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/media?parent=51"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/categories?post=51"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.intouchdesign.it\/cardealer\/wp-json\/wp\/v2\/tags?post=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}