Finance representative example
Personal Contract Purchase: Payable by 47 payments of £142.11 and an optional final payment of £3,340.00 Payments are based on a duration of agreement of 48 Months, 10000 miles per annum, a Cash Price OTR of £9,595.00 with a deposit of £1,919.00 leaving an amount of credit of £7,676.00. The agreement is calculated using a fixed rate of interest of 10.9% per year resulting in Representative 10.9% APR and a total amount payable of £11,938.17. Included in the final payment shown is an option to purchase fee £10.00. Excess mileage charged at 2.51 pence per mile.