Can a PCP or hire purchase deal with a higher APR be better than another one with a lower APR?

Can a PCP or hire purchase deal with a higher APR be better than another one with a lower APR?

Yes. You may find a deal for a car + finance package which has a higher APR than another but it is a better deal overall. The reason for this is that the price of the car itself is probably cheaper in the deal with a high APR than the one with a low or zero APR. The best way to determine this is to look at the total amount payable across the period for which you have the car. Whichever is the smallest amount payable is likely to be the best deal (provided you have compared all other factors such as mileage and period correctly).

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