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
£7,999.00
Deposit
£799.00
Total Amount of Credit
£7,200.00
Total Amount Payable
£10,061.00
Administration Fee
£0.00
Option to Purchase Fee
£1.00
Fixed Rate
10.9%
Duration of Agreement
60
Initial Payment
£154.35
Monthly Payment
£154.35
x
58
Final Payment
£155.35
APR Representative
10.9%
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