PCP Finance representative example

Cash Price £36,495. Deposit £1,250. APR 8.9%. monthly payments £536. Rate of interest 4.61%. Total amount payable £46,129. Term 48 months. Total deposit £1,250. Total amount of credit £35,245. Optional final payment £19,137. Annual mileage 8,000. Excess cost per mile 15 pence. Deposit Contribution £250.