|Finance Representative Example|
Cash Price £10,995.00. Total Deposit £1,099.50. Total Amount of Credit £9,895.50. First Payment of £0.00, Followed by 59 Payments of £218.64, with a Final Payment of £219.64. Duration of Agreement is 61 Months.
Option to Purchase Fee £1.00. Fees are included in the payments shown. Interest Charges of £3,222.90. Total Amount Payable £14,218.90 Annual Fixed Interest Rate of 6.41%. Representative APR 11.9%.