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Representative Example for Personal Contract Purchase (PCP): Cash price £13,495.00, Annual Interest Rate (fixed) 5.14% p.a., with a representative 9.9% APR, total amount of credit £12,146.00, deposit of £1,349.00, an initial payment of £221.80, followed by 47 monthly payments of £221.80 with a final payment of £4,872.00, total amount payable is £16,867.40, the annual mileage is 10,000 and the excess mileage fee per mile is £0.03. Pay monthly then buy, swap or return
Finance Representative
Product
HP
Cash Price
£17,795.00
Deposit
£1,779.00
Total Amount of Credit
£16,016.00
Total Amount Payable
£21,952.60
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.18%
Duration of Agreement
60
Initial Payment
£336.06
Monthly Payment
£336.06
x
58
Final Payment
£346.06
APR Representative
9.9%