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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £255
First monthly payment £255
Final payment £4,455
Cash price £13,000
Deposit £1,000
Dealer deposit contribution £0
Amount of credit £12,000
Payable amount £17,460
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.9%
Term 48