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Finance representative example
Total cash price £18,725. Borrowing £16,725 with a £2,000 deposit at a representative APR of 10.9%.
- Fixed rate of interest 5.66%
- 48 monthly payments £281.80
- Total amount payable £24,220.40
- Cost of credit £5,495.00
- Optional final payment £8,694.00
- Duration of agreement 48 months
- Annual mileage limit 10,000 miles
- Excess mileage charge 4p /mile
- Option-to-purchase fee £10.00
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