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Typical Representative Finance Example
Product
Personal Contract Purchase
Cash Price
£25,800.00
Total Deposit
£2,580.00
Total Amount of Credit
£23,220.00
First Payment
£476.35
58 Monthly Payments
£476.35
Final Payment
£4,938.85
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£9,823.50
Total Amount Payable
£35,623.50
Annual Fixed Interest Rate
7.36%
Representative APR
13.90%
Product
Personal Contract Purchase
Cash Price
£25,800.00
Total Deposit
£2,580.00
Total Amount of Credit
£23,220.00
First Payment
£476.35
58 Monthly Payments
£476.35
Final Payment
£4,938.85
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£9,823.50
Total Amount Payable
£35,623.50
Annual Fixed Interest Rate
7.36%
Representative APR
13.90%
Product
Personal Contract Purchase
Cash Price
£25,800.00
Total Deposit
£2,580.00
Total Amount of Credit
£23,220.00
First Payment
£476.35
58 Monthly Payments
£476.35
Final Payment
£4,938.85
Agreement Duration
60 months
Admin Fee
£0.00
Option to Purchase Fee
£0.00
Interest Charges
£9,823.50
Total Amount Payable
£35,623.50
Annual Fixed Interest Rate
7.36%
Representative APR
13.90%
Citroen Peugeot Renault SsangYong Vauxhall