Representative Example
| Price | Product | Deposit | Credit Amount | Term (Months) | Monthly Payment | Final Payment | Total Amount Payable | Fixed Interest Rate | Total Charge for Credit | Annual Mileage | Representative APR | Option to Purchase Fee | Excess Mileage Fee |
|---|
| £ | | £ | £ | | £ | £ | £ | % | £ | | % | £ | pence 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.