FULL REPRESENTATIVE EXAMPLE

Conditional Sale

Model
   Movano 3500 2.2 Turbo D (140PS) FWD Prime L2H1 Van
Colour
   Quartz Silver (Metallic Paint)
60 monthly payments of    £560.00
On-the-road cash price including customer saving    £38,338.00
Customer cash deposit    £4,746.70
 20% VAT in advance    £6,332.17
Total customer deposit    £11,078.87
Total amount of credit    £27,259.13
Interest charges    £6,340.87
Total amount payable    £44,678.87
Fixed rate of interest per year, true    4.65%
Duration of agreement (months)    60
APR% Representative    8.90%