REPRESENTATIVE FINANCE EXAMPLE

Business Contract Purchase

Model
MOVANO 3500 L2 DIESEL FWD 2.2 Turbo D 140ps H2 Van Prime
Paint
Brilliant Paint
47 monthly payments of £545.74
On-The Road cash price (inc PiVG Grant saving) £36,744.00 
Vauxhall deposit contribution £0.00
Customer deposit £7,348.76
Total amount of credit £29,395.04
Total Interest Charges £5,246.74
Total amount payable £41,990.54
Optional Final Payment (GFV) £8,992.00
Fixed rate of interest per year, true 6.90% 
Annual mileage 10,000
Excess mileage charge, per mile £0.09
Duration of agreement (months) 48
APR % Representative 6.90%
PiVG = Plug in Van Grant - The plug-in vehicle grant (PIVG) scheme portal allows: a Retailer to submit the required information about the vehicle for which a grant is being claimed. A customer purchasing a vehicle to have the PIVG grant deducted from the vehicle price at the point of sale