Vehicle purchase price calculator

Calculator inputs
Monthly repayment:
Deposit:
Term:
Interest rate:
Balloon amount:
Vehicle price:
Price including Balloon:
Balloon %:

Help

The vehicle purchase price calculator will assist you in calculating the value of a vehicle that you could buy based on a specified monthly repayment.

Select the amount you want to pay each month and then use the sliders to vary the rate, term and balloon payments by sliding the buttons to the left or right. The loan amount is calculated as soon as you release the slider.

You can move your mouse over the small info boxes next to each option to get a description of that option.

Use the sliders to change values in the textboxes.

Move your mouse over the small info boxes for additional information.

Disclaimer

All calculations made on calculators supplied on this site, together with rates quoted, are guidelines only and are subject to confirmation at the time of finalising any transactions. All information regarding the products, fees, rates and/or costs which are included in and form a fundamental basis of the calculations are subject to change at any time prior to a final pre-agreement quote being handed to the User. The User indemnifies Land Rover Financial Services against any loss or liability, which the User may suffer as a result of the use of any calculator. The site and all information provided on this site and the services provided on this site, are provided "as is". The information provided on this site should not be treated as professional advice of any kind.

Monthly Repayment
The monthly repayments refers to the amount which is paid to the bank every month.
Term
The term refers to the number of months over which the loan will be repayed. The maximum repayment period is 72 months.
Interest rate
The percentage annual interest rate applicable to the transaction.
Balloon payment
A balloon payment is an inflated payment at the end of a contract. The customer is solely responsible for the balloon payment and at the end of the agreement has certain options that include: settle the account in cash, dispose of the vehicle and settle the account, or re-finance the payment at the banks discretion. Whilst a balloon payment has the effect of reducing the monthly instalment, total interest paid can be higher and therefore vehicles should be financed with the lowest balloon payment possible.
Loan amount
The loan amount refers to the amount that will be financed by the bank.
Loan including Balloon
The loan including balloon is the amount that can be purchased for, taking into account the addition of the future value of the balloon lump sum.
Balloon %
The balloon percentage is the balloon lump sum payment expressed as a percentage of the finance amount.
Deposit
A deposit is an amount paid by the borrower, to reduce the finance or loan amount required. A deposit is not always required when financing a motor vehicle.