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Offers at Threeways Garage
Representative Finance Example
The table below is not an actual offer, it is an illustrative example to demonstrate how finance works
Representative Example - Personal Contract Purchase
48 Payments of
£299
£299
Optional Final Payment
£13,972.50
£13,972.50
Cash Price
£30,495.00
£30,495.00
Deposit
£8,512.89
£8,512.89
Total Term
49
49
Total Credit
£21,982.11
£21,982.11
Total Payable
£36,837.39
£36,837.39
Fixed Rate of Interest (annum)
4.61
4.61
Representative
8.9% APR
8.9% APR
Excess Mileage (pence per mile)
9p
9p
Annual Mileage
8,000
8,000
Representative Example
First Payment
£516.94
£516.94
46 Payments of
£516.94
£516.94
Final Payment
£516.94
£516.94
Cash Price
£22,480.00
£22,480.00
Deposit
£2,248.00
£2,248.00
Total Term
48
48
Total Credit
£20,232.00
£20,232.00
Total Payable
£27,061.12
£27,061.12
Fixed Rate of Interest (annum)
10.36%
10.36%
Representative
10.90%
APR
10.90%
APR
Included in the first payment shown is an administration fee of £0.00, Included in the payments shown is an administration fee of £10.00
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