Finance representative example (PCP)

Total cash price £16,299. Borrowing £16,000 with a £299 deposit at a representative APR of 11.9%.

48 monthly payments
£292.45
Fixed interest rate
11.9%
Total amount payable
£21,850.60
Cost of credit
£5,551.60
Optional final payment
£7,514.00
Purchase fee
£10.00
Annual mileage limit
6000 miles