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Representative Example
PCP: Payable by 37 payments of £499.99 and an optional final payment of £20,097.60. Payments are based on a duration of agreement of 37 months, a cash price OTR of £36,485.00 with a finance deposit contribution of £1,500.00 and a customer deposit of £3,044.00 leaving an amount of credit of £31,941.00. The agreement is calculated using a fixed rate of interest of 4.06% per year resulting in representative 7.9% APR and a total amount payable of £42,641.24. Annual mileage 10,000 per annum (excess mileage charges apply 9.0p per mile + VAT)
At the end of the agreement there are 3 options: (i) part exchange the vehicle, (ii) pay the Optional Final Payment to own the vehicle or (iii) return the vehicle. Further charges may be made subject to the condition or mileage of the vehicle.
