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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £253
First monthly payment £253
Final payment £7,155
Cash price £15,500
Deposit £2,000
Dealer deposit contribution £0
Amount of credit £13,500
Payable amount £21,027
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.91%
Term 48