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Representative PCP Example
Number of monthly payments 36
Monthly payment rate £111
First monthly payment £111
Final payment £2,475
Cash price £5,500
Deposit £600
Dealer deposit contribution £0
Amount of credit £4,900
Payable amount £6,972
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.9%
Term 36