PCP Finance representative example

Cash Price £26,199. Deposit £1,000. APR 10.9%. monthly payments £458. Rate of interest 5.67%. Total amount payable £34,078. Term 48 months. Total deposit £1,000. Total amount of credit £25,199. Optional final payment £11,077. Annual mileage 8,000. Excess cost per mile 8 pence.