Finance Representative Example
Representative Example - Personal Contract Purchase
48 Payments of
£299
Optional Final Payment
£13,972.50
Cash Price
£30,495.00
Deposit
£8,512.89
Total Term
49
Total Credit
£21,982.11
Total Payable
£36,837.39
Fixed Rate of Interest (annum)
4.61
Representative
8.9% APR
Excess Mileage (pence per mile)
9p
Annual Mileage
8,000
Price shown is MDP (Manufacturer’s Direct Price), inclusive of VAT. Sold by Volkswagen Passenger Cars, a trading division of Volkswagen Group United Kingdom Limited.
Representative Example
First Payment
£485.77
47 Payments of
£485.77
Final Payment
£21,835.00
Cash Price
£51,550.00
Deposit
£13,445.00
Total Term
49
Total Credit
£38,105.00
Total Payable
£58,596.96
Fixed Rate of Interest (annum)
5.85%
Representative
5.90%
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 £10.00