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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £267
First monthly payment £267
Final payment £7,133
Cash price £16,000
Deposit £2,000
Dealer deposit contribution £0
Amount of credit £14,000
Payable amount £21,663
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.9%
Term 48