PCP Finance representative example

Cash Price £39,000. Deposit £1,000. APR 11.9%. monthly payments £753. Rate of interest 6.19%. Total amount payable £51,426. Term 48 months. Total deposit £1,000. Total amount of credit £38,000. Optional final payment £14,266. Annual mileage 8,000. Excess cost per mile 15 pence.