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Finance representative example. Personal Contract Purchase: Payable by 49 payments of £459 and a final payment of £23,010. Payments are based on a duration of agreement of 49 months, 10,000 miles per annum, a Cash Price OTR of £53,035 with a deposit of £8,186 and a finance deposit contribution of £7,000, leaving an amount of credit of £37,849. The agreement is calculated using a fixed rate of interest of 3.04% per year resulting in Representative 5.9% APR and a total amount payable of £53,228. Excess mileage will be charged at the rate of 14.9 pence per mile.
