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PCP Finance representative example

Cash Price £24,850. Deposit £1,400. APR 10.9%. monthly payments £404. Rate of interest 10.9%. Total amount payable £32,447. Term 48 months. Total deposit £1,400. Total amount of credit £23,450. Optional final payment £11,661. Annual mileage 6,000. Excess cost per mile 8 pence. Deposit Contribution £400.

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