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PCP Finance representative example

Cash Price £14,000. Deposit £1,000. APR 12.9%. monthly payments £250. Rate of interest 6.72%. Total amount payable £18,815. Term 48 months. Total deposit £1,000. Total amount of credit £13,000. Optional final payment £5,830. Annual mileage 6,000. Excess cost per mile 15 pence.

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