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Representative Example for Personal Contract Purchase (PCP): Cash price £12,995.00, Annual Interest Rate (fixed) 5.14% p.a., with a representative 9.9% APR, total amount of credit £11,696.00, deposit of £1,299.00, an initial payment of £191.58, followed by 47 monthly payments of £191.58 with a final payment of £5,979.78, total amount payable is £16,474.62, the annual mileage is 10,000 and the excess mileage fee per mile is £0.05. Pay monthly then buy, swap or return
Finance Representative
Product
HP
Cash Price
£15,495.00
Deposit
£1,549.00
Total Amount of Credit
£13,946.00
Total Amount Payable
£18,368.60
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
4.11%
Duration of Agreement
60
Initial Payment
£280.16
Monthly Payment
£280.16
x
58
Final Payment
£290.16
APR Representative
7.9%