Example vehicle: Smart forfour 0.9 Prime Premium T. Cash price: £6,990.00. Customer deposit: £0.00. Total amount of credit: £6,990.00. Credit rated as: Excellent. 1 payment of £0.00, followed by 59 payments of £144.61 and 1 final payment of £145.61. Fees of £1.00 are included in the payments shown. Interest charges of £1,686.60.Total amount payable: £8,677.60. Flat rate: 4.75% (fixed). Representative APR: 8.90%. Duration of agreement: 61 months.
Representative Example | |
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Vehicle Price | £14,290.00 |
Deposit | £0.00 |
Balance to Finance | £14,290.00 |
APR (fixed) | 8.90% |
Flat Rate | 4.75% |
Period of Loan | 61 months |
Total Amount Payable (inc deposit) | £17,740.00 |
Monthly Payment | £295.65 |
Written quotations on request. Subject to status. |
PCP Representative Example | |
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Vehicle Price | £15,690.00 |
Annual Mileage | 10,000 miles |
Deposit | £0.00 |
Balance to Finance | £15,690.00 |
APR (fixed) | 8.90% |
Flat Rate | 5.91% |
Period of Loan | 49 months |
Total Amount Payable (inc deposit) | £19,479.14 |
Guaranteed Future Value | £5,465.50 |
Monthly Payment | £291.93 |
Written quotations on request. Subject to status. |