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Representative Example for Personal Contract Purchase (PCP): Cash price £14,495.00, Annual Interest Rate (fixed) 4.91% p.a., with a representative 9.9% APR, total amount of credit £12,321.00, deposit of £2,174.00, an initial payment of £193.20, followed by 47 monthly payments of £193.20 with a final payment of £6,804.00, total amount payable is £18,251.60, 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
£24,495.00
Deposit
£3,674.00
Total Amount of Credit
£20,821.00
Total Amount Payable
£29,919.60
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.18%
Duration of Agreement
60
Initial Payment
£437.26
Monthly Payment
£437.26
x
58
Final Payment
£447.26
APR Representative
9.9%