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Representative PCP Example
Number of monthly payments 48
Monthly payment rate £257
First monthly payment £257
Final payment £5,198
Cash price £13,500
Deposit £1,000
Dealer deposit contribution £0
Amount of credit £12,500
Payable amount £18,278
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.9%
Term 48