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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £199
First monthly payment £199
Final payment £4,568
Cash price £11,000
Deposit £1,000
Dealer deposit contribution £0
Amount of credit £10,000
Payable amount £14,920
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.9%
Term 48