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PCP Finance representative example

Cash Price £12,350. Deposit £1,000. APR 10.9%. monthly payments £205. Rate of interest 5.67%. Total amount payable £15,916. Term 48 months. Total deposit £1,000. Total amount of credit £11,350. Optional final payment £5,077. Annual mileage 6,000. Excess cost per mile 8 pence.

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