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Representative Example
First Payment
£1,342.15
£1,342.15
46 Payments of
£1,342.15
£1,342.15
Final Payment
£1,342.15
£1,342.15
Cash Price
£54,775.00
£54,775.00
Deposit
£4,000.00
£4,000.00
Total Term
48
48
Total Credit
£50,775.00
£50,775.00
Total Payable
£68,423.20
£68,423.20
Fixed Rate of Interest (annum)
6.72%
6.72%
Representative
12.90%
APR
12.90%
APR
Included in the first payment shown is an administration fee of £0.00, Included in the final payment shown is an administration fee of £0.00
Representative Finance Example
Representative Example - Personal Contract Purchase
48 Payments of
£299
£299
Final Payment
£13,972.50
£13,972.50
Cash Price
£30,495.00
£30,495.00
Deposit
£8,512.89
£8,512.89
Total Term
49
49
Total Credit
£21,982.11
£21,982.11
Total Payable
£36,837.39
£36,837.39
Fixed Rate of Interest (annum)
4.61
4.61
Representative
8.9% APR
8.9% APR