When you borrow money, you will often see an ‘APR' (Annual Percentage Rate) advertised. This is slightly different from the
interest rate because it’s made up of the interest rate plus any fees that are automatically included in your loan (eg arrangement fees). The
APR is particularly useful as it provides a benchmark so you can compare similar financial products. Where the term 'representative APR' is
used, this means 51% of successful applicants will be given the advertised interest rate. For others it could be higher or lower. The AA Car
Finance eligibility check will show what your likely APR will be,
based on your credit score and desired loan amount.