Representative Example for Personal Contract Purchase (PCP): Cash price £12,299.00, Annual Interest Rate (fixed) 11.9% p.a., with a representative 11.9% APR, total amount of credit £11,070.00, deposit of £1,229.00, an initial payment of £206.30, followed by 58 monthly payments of £206.30 with a final payment of £3,094.20, total amount payable is £16,494.90, 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
£112,500.00
Deposit
£37,500.00
Total Amount of Credit
£75,000.00
Total Amount Payable
£133,979.20
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
10.9%
Duration of Agreement
60
Initial Payment
£1607.97
Monthly Payment
£1607.97
x
58
Final Payment
£1608.97
APR Representative
10.9%
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