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Finance representative example (PCP)

Borrowing £10,500 with a £1,050 deposit at a representative APR of 10.9%.

Fixed rate of interest 10.9%
43 monthly payments £186.47
Total amount payable £13,129.31
Cost of credit £2,629.31
Optional final payment £4,061.10
Annual mileage limit 10,000 miles
Excess mileage charge 14.9p/mile
GB