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
£291.66
Fixed interest rate
11.9%
Total amount payable
£21,860.76
Cost of credit
£5,561.76
Optional final payment
£7,562.00
Purchase fee
£10.00
Annual mileage limit
6000 miles