FULL REPRESENTATIVE EXAMPLE

Conditional Sale

Model
Movano Electric 3500 Heavy 90kW Prime 70kWh L3H2 Van Auto (120PS)
Colour
Quartz Silver (Metallic Paint)
60 monthly payments of £999.00
On-the-road cash price including customer saving and PIVG (£5,000) £71,952.00
Customer cash deposit £10,503.21
20% VAT in advance £12,816.17
Total customer deposit £23,319.38
Total amount of credit £48,632.62
Interest charges £11,307.38
Total amount payable £83,259.38
Fixed rate of interest per year, true 4.65%
Duration of agreement (months) 60
APR% Representative 8.90%