Finance Representative Example ()
Total cash price £.
Borrowing £ with a
£ deposit at a representative APR of
%.
Total amount payable £.
monthly payments of |
£ |
Representative APR |
% |
Fixed interest rate |
% |
Final payment |
£ |
Option to purchase fee |
£ |
Total amount of credit |
|
Interest charges of |
£ |
Annual mileage limit |
|
Excess mileage fee |
p / per mile |
|
monthly payments of |
Representative APR |
Fixed interest rate |
Final payment |
Option to purchase fee |
Total amount of credit |
Interest charges of |
Annual mileage limit |
Excess mileage fee |
|
£ |
% |
% |
£ |
£ |
|
£ |
|
p / per mile |
At the end of your PCP agreement, there are 3 options available to you. These are 1. Pay the finance company the final payment and keep the car. 2. Give back the car under the terms of the guaranteed future value. 3. Part exchange the car at a dealership who will pay off the final payment for you.
Financial Disclosure
Motorseeker (UK) Ltd is Authorised and Regulated by the Financial Conduct Authority. Seeker House, Wingfield View, Clay Cross, Chesterfield, Derbyshire, S45 9BF. Companies House Number: 6107263. FCA number: 655156. Finance Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers.
If you are taking advantage of a funding scheme for your new vehicle, Motorseeker (UK) Limited may benefit from a commission payment received from the Finance Company.
We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). A customer may ask for commission disclosure at any time from our initial discussions through to the point when their agreement is set live.