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
£293.53
Fixed interest rate
11.9%
Total amount payable
£21,836.62
Cost of credit
£5,537.62
Optional final payment
£7,448.00
Purchase fee
£10.00
Annual mileage limit
6000 miles