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PCP Finance representative example

Cash Price £13,300. Deposit £1,000. APR 12.9%. monthly payments £240. Rate of interest 6.72%. Total amount payable £17,806. Term 48 months. Total deposit £1,000. Total amount of credit £12,300. Optional final payment £5,296. Annual mileage 6,000. Excess cost per mile 15 pence.

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