Finance Representative Example ()
Total cash price £.
Borrowing £ with a
£ deposit at a representative APR of
%.
Total amount payable £.
| monthly payments of |
£ |
| Representative APR |
% |
| Fixed interest rate |
% |
| Final payment |
£ |
| Option to purchase fee |
£ |
| Total amount of credit |
|
| Interest charges of |
£ |
| Annual mileage limit |
|
| Excess mileage fee |
p / per mile |
|
monthly payments of |
Representative APR |
Fixed interest rate |
Final payment |
Option to purchase fee |
Total amount of credit |
Interest charges of |
Annual mileage limit |
Excess mileage fee |
|
£ |
% |
% |
£ |
£ |
|
£ |
|
p / per mile |
At the end of your PCP agreement, there are 3 options available to you. These are 1. Pay the finance company the final payment and keep the car. 2. Give back the car under the terms of the guaranteed future value. 3. Part exchange the car at a dealership who will pay off the final payment for you.
We are trading as a credit broker and not a lender, and are authorised and regulated by the Financial Conduct Authority, firm reference 652258. We can introduce you to a limited number of lenders, while providing details of finance products available. We will not charge you a fee for an introduction, but may receive a commission from the lender. Lender’s commissions may vary and can be a percentage of the advance. The commission received does not influence the interest rate you will pay. For questions about commission, please speak to us. First 4 Car Finance co.uk Ltd, 1 Occupation Lane - Uppermoor, Pudsey, Leeds, West Yorkshire, LS28 8HL.
Representative finance examples are for illustrative purposes only. Finance is subject to status and credit acceptance. Terms and conditions apply. Available to 18s and over & UK residents only. Guarantees and/or indemnities may be required. Excess mileage and damage charges may apply when vehicle returned.
