Finance representative example (PCP)
Borrowing £10,500 with a £1,050 deposit at a representative APR of 10.9%.
Fixed rate of interest
10.9%
43 monthly payments
£186.47
Total amount payable
£13,129.31
Cost of credit
£2,629.31
Optional final payment
£4,061.10
Annual mileage limit
10,000 miles
Excess mileage charge
14.9p/mile