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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
£292.76
Fixed interest rate
11.9%
Total amount payable
£21,846.57
Cost of credit
£5,547.57
Optional final payment
£7,495.00
Purchase fee
£10.00
Annual mileage limit
6000 miles