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Representative Example for Personal Contract Purchase (PCP): Cash price £12,995.00, Annual Interest Rate (fixed) 4.96% p.a., with a representative 9.9% APR, total amount of credit £12,995.00, deposit of £0.00, an initial payment of £238.72, followed by 47 monthly payments of £238.72 with a final payment of £5,130.00, total amount payable is £16,588.56, the annual mileage is 10,000 and the excess mileage fee per mile is £0.00. Pay monthly then buy, swap or return
Finance Representative
Product
HP
Cash Price
£2,995.00
Deposit
£0.00
Total Amount of Credit
£2,995.00
Total Amount Payable
£3,794.80
Administration Fee
£0.00
Option to Purchase Fee
£10.00
Fixed Rate
5.14%
Duration of Agreement
60
Initial Payment
£63.08
Monthly Payment
£63.08
x
58
Final Payment
£73.08
APR Representative
9.9%
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