REPRESENTATIVE FINANCE EXAMPLE

Personal Contract Purchase

Model
Vivaro Life Electric Design M 100kW/136PS Auto 
Colour
Metallic Paint
47 monthly payments of £681.20
On-the-road cash price £43,485.00
Customer deposit £7,250.00
Total amount of credit £36,235.00
Interest charges £12,180.40
Total amount payable £55,665.40
Optional final payment (GFV) £16,399.00
Fixed rate of interest per year, true 11.40%
Annual mileage 8,000
Excess mileage charge, per mile £0.09
Duration of agreement (months) 48
APR% Representative 11.90%