Based on a cash price of £20,000 with a £4,000 customer deposit, borrowing £16,000 at a representative APR of 9.90% and the following:
48 Monthly payments of £249.71 |
Fixed rate of interest per annum 9.90% |
Optional final payment £9,090.00 |
Amount of interest £4,826.37 |
Total amount payable £24,836.37 |
Annual mileage limit 5,000 |
Excess mileage charge 8.4p |