Used Car Showroom
Representative PCP Finance Example
| Cash Price | Customer Deposit | Amount of Credit | 36 Monthly Payments | Optional Final Payment (GFV) | Interest Charges | Fixed Interest Rate | Representative | Duration of Agreement | Total Amont Payable |
|---|---|---|---|---|---|---|---|---|---|
| £16,994.00 | £2,000.00 | £14,994.00 | £245.58 | £10,216.72 | £4,063.60 | 5.61% | 10.9% APR | 37 Months | £21,057.60 |
*Based on 6,000 miles per annum. Excess mileage charged at 14.9p per mile. Purchase Fee Included in Optional Final Payment.