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Representative Finance Example
Representative Example - Personal Contract Purchase
48 Payments of
£299
£299
Optional Final Payment
£13,972.50
£13,972.50
Cash Price
£30,495.00
£30,495.00
Deposit
£8,512.89
£8,512.89
Total Term
49
49
Total Credit
£21,982.11
£21,982.11
Total Payable
£36,837.39
£36,837.39
Fixed Rate of Interest (annum)
4.61%
4.61%
Representative
8.9% APR
8.9% APR
Excess Mileage (pence per mile)
9p
9p
Annual Mileage
8,000
8,000
Representative Example
First Payment
£325.29
£325.29
58 Payments of
£325.29
£325.29
Final Payment
£326.29
£326.29
Cash Price
£17,595.00
£17,595.00
Deposit
£1,759.50
£1,759.50
Total Term
60
60
Total Credit
£15,835.50
£15,835.50
Total Payable
£21,277.90
£21,277.90
Fixed Rate of Interest (annum)
4.65%
4.65%
Representative
8.90%
APR
8.90%
APR
Included in the first payment shown is an administration fee of £0.00, Included in the final payment shown is an administration fee of £1.00
MG MOTOR UK MG3 HATCHBACK
Save £900 on the New MG3 HEV With £250 MG Finance Deposit Contribution OTR Price £17,595
MG MOTOR UK MG3 HATCHBACK
Save £1,400 on List Price With £750 MG Finance Deposit Contribution OTR Price £19,095
