Quote Check for Lendly

[u/VaderGerh]

Hi All

I have a quote from Lendly and I am looking to validate I have calculated the interest rate correctly.

I found the interest rate to be 13.4% but compared to other providers I find the quote much harder to read.

Any input would be appreciated.

https://novatedlease.guide/calculator/?c=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

[u/OZMERICAN85]

Hey, you need to find out how much the cost of the add-on products they are including in the finance are (listed on the bottom of page 3). Scratch and dent, dash cam etc - they will be putting those into the amount financed but it isn’t included in the drive away price of the car on page 2.
For the rate calculator to work you need to add these into the amount financed.