Finance representative example (PCP)

Total cash price £15,999. Borrowing £14,399 with a £1,600 deposit at a representative APR of 11.9%.

48 monthly payments
£244.85
Fixed interest rate
11.9%
Total amount payable
£21,231.64
Cost of credit
£5,232.64
Optional final payment
£7,879.00
Purchase fee
£10.00
Annual mileage limit
6000 miles