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Representative PCP Example
Number of monthly payments 36
Monthly payment rate £101
First monthly payment £101
Final payment £2,340
Cash price £5,000
Deposit £500
Dealer deposit contribution £0
Amount of credit £4,500
Payable amount £6,365
Option to purchase fee £0
Documentation fee £0
APR 13.9%
Rate of interest 13.91%
Term 36