PCP Finance representative example

Cash Price £30,499. Deposit £1,000. APR 10.9%. monthly payments £537. Rate of interest 5.67%. Total amount payable £39,712. Term 48 months. Total deposit £1,000. Total amount of credit £29,499. Optional final payment £12,915. Annual mileage 6,000. Excess cost per mile 15 pence.