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Representative Example for Personal Contract Purchase (PCP): Cash price £13,495.00, Annual Interest Rate (fixed) 7.9% p.a., with a representative 7.9% APR, total amount of credit £12,146.00, deposit of £1,349.00, an initial payment of £194.44, followed by 58 monthly payments of £194.44 with a final payment of £3,809.29, total amount payable is £16,630.25, the annual mileage is 10,000 and the excess mileage fee per mile is £0.02. Pay monthly then buy, swap or return
Finance Representative
Product
HP
Cash Price
£11,495.00
Deposit
£1,149.00
Total Amount of Credit
£10,346.00
Total Amount Payable
£14,181.40
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.17%
Duration of Agreement
60
Initial Payment
£217.04
Monthly Payment
£217.04
x
58
Final Payment
£227.04
APR Representative
9.9%
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