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PCP Finance representative example

Cash Price £9,450. Deposit £1,000. APR 12.9%. monthly payments £164. Rate of interest 6.72%. Total amount payable £12,553. Term 48 months. Total deposit £1,000. Total amount of credit £8,450. Optional final payment £3,671. Annual mileage 6,000. Excess cost per mile 15 pence.

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