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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £157
First monthly payment £157
Final payment £3,124
Cash price £8,500
Deposit £900
Dealer deposit contribution £0
Amount of credit £7,600
Payable amount £11,397
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.91%
Term 48