REPRESENTATIVE FINANCE EXAMPLE

Personal Contract Purchase

Model
Mokka GS 1.2 Turbo (100PS)
Paint
Brilliant Paint
47 monthly payments of £363.47
On-the-road cash price including customer saving £27,045.00 
Vauxhall deposit contribution £2,725
Customer deposit £2,000.00
Total amount of credit £22,320.00
Interest charges £4,763.08
Total amount payable £31,808.08
Optional final payment (GFV) £10,000
Fixed rate of interest per year, true 7.25% 
Annual mileage 6,000
Excess mileage charge, per mile £0.10
Duration of agreement (months) 48
APR% Representative 7.5%
Model
Mokka GS 1.2 Turbo (136PS)
Paint
Metallic Paint
47 monthly payments of £299.00
February Event Allowance £500.00
On-the-road cash price £28,335.00
Vauxhall deposit contribution £3,900.00
Customer deposit £3,521.76
Total amount of credit £20,913.24
Interest charges £4,344.76
Total amount payable £32,679.76
Optional final payment (GFV) £11,205.00
Fixed rate of interest per year, true 6.69%
Annual mileage 6,000
Excess mileage charge, per mile £0.10
Duration of agreement (months) 48
APR% Representative 6.90%