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Representative Example for Personal Contract Purchase (PCP): Cash price £16,250.00, Annual Interest Rate (fixed) 4.91% p.a., with a representative 9.9% APR, total amount of credit £13,812.00, deposit of £2,438.00, an initial payment of £215.02, followed by 47 monthly payments of £215.02 with a final payment of £7,718.75, total amount payable is £20,477.71, the annual mileage is 10,000 and the excess mileage fee per mile is £0.00. Pay monthly then buy, swap or return
Finance Representative
Product
HP
Cash Price
£8,995.00
Deposit
£1,799.00
Total Amount of Credit
£8,995.00
Total Amount Payable
£13,150.20
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.17%
Duration of Agreement
60
Initial Payment
£189.02
Monthly Payment
£189.02
x
58
Final Payment
£199.02
APR Representative
9.9%
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