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Representative PCP Example
Number of monthly payments 36
Monthly payment rate £196
First monthly payment £196
Final payment £4,905
Cash price £10,000
Deposit £1,000
Dealer deposit contribution £0
Amount of credit £9,000
Payable amount £12,770
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.91%
Term 36